Go Back   BabyPips.com Forex Forum > "The Holy Grails" > Show me the money! [Daytrading]


Show me the money! [Daytrading] Need some trade ideas for today? Want to share your own intraday trade ideas? If you're the next Jerry Maguire and can show us the money then this thread is for you. Also, check out the School of Pipsology if you want to learn which timeframe you should trade in.

Reply
 
LinkBack Thread Tools Display Modes
  #71 (permalink)  
Old 10-20-2009, 06:40 AM
Joe100's Avatar
Master Contributor and Member
 

Join Date: Jul 2009
Posts: 324
Default

Quote:
Originally Posted by neofrohawk View Post
Hi Joe,

Thanks for the response. I have read over all your posts and think I have figured it out. Please let me know if I have anything incorrect.

For Buy/Long M30

Standard Signal
1) CCI Green
2) Green Supertrend above EMA

Code Signal
1) Supertrend above EMA
2) Candle moves below EMA (can be no more than 80 pips, or trend reversal)
3) When price drops between 40-60 pips start to buy
4) Stop Loss = buy price – 80
5) TP1 = Fib 161, TP2 = Fib 261
Hello neofrohawk,

3. as long as st is still above ema 30

4. SL is buy price -30 or it depends on your mm rule. SL can be set for 30 pips or 50 pips or more as long as not exceed 2% of your capital.
Reply With Quote
  #72 (permalink)  
Old 10-20-2009, 06:45 AM
Joe100's Avatar
Master Contributor and Member
 

Join Date: Jul 2009
Posts: 324
Default

Quote:
Originally Posted by imran84 View Post
thanks joe for ur kind response so that means you have to keep an eye on news aswell shudnt trade the time of news release ?
You are welcome. I suggest that you trade after the news was released. Btw how many targets per week do you want?
Reply With Quote
  #73 (permalink)  
Old 10-20-2009, 06:48 AM
Newbie
 

Join Date: Aug 2009
Posts: 19
Default

Quote:
Originally Posted by Joe100 View Post
You are welcome. I suggest that you trade after the news was released.
hi Joe thankyou for your quick reply i would keep this in my mind trade after news released, joe can u tell me how often do u find this code signal situation in a day coz i dont think you do find many signals in a day am i right? also i would be very happy if i get 150 pips in a week . can u please add me to your Yahoo i did send u a private thankyou
Reply With Quote
  #74 (permalink)  
Old 10-20-2009, 07:00 AM
Joe100's Avatar
Master Contributor and Member
 

Join Date: Jul 2009
Posts: 324
Default

Quote:
Originally Posted by imran84 View Post
hi Joe thankyou for your quick reply i would keep this in my mind trade after news released, joe can u tell me how often do u find this code signal situation in a day coz i dont think you do find many signals in a day am i right? also i would be very happy if i get 150 pips in a week . can u please add me to your Yahoo i did send u a private thankyou

Imran, my target is just 8% gain a week. If I set my sl to 40 pips that means I risk 2% of my capital for that trade, so when I win the battle for 160 pips my account will grow 8%. Actually am tired to explain about mm but this is the only way to win in forex market my friend. Lose 2% or gain 4-8% from one single trade. I've filled my weekly target yesterday so I am free now lol

You may ask anything in my ym.

Happy trading
Reply With Quote
  #75 (permalink)  
Old 10-20-2009, 07:41 AM
Newbie
 

Join Date: Aug 2009
Posts: 19
Default

Quote:
Originally Posted by Joe100 View Post
Imran, my target is just 8% gain a week. If I set my sl to 40 pips that means I risk 2% of my capital for that trade, so when I win the battle for 160 pips my account will grow 8%. Actually am tired to explain about mm but this is the only way to win in forex market my friend. Lose 2% or gain 4-8% from one single trade. I've filled my weekly target yesterday so I am free now lol

You may ask anything in my ym.

Happy trading
thankyou so much joe for ur kind reply am impressed with ur mm and i would keep it in my mind next time and would b waitin for signals from u on ym thankyou
Reply With Quote
  #76 (permalink)  
Old 10-20-2009, 01:14 PM
Newbie
 

Join Date: Aug 2009
Posts: 19
Default looking for Help with code reading

Hi Joe ,
i have few question regarding reading secret code. i have traded 3 currencies 2day EUR/USD,USD/JPY and GBP/USD .i saw code signal on all of them and traded as they went 40 pips away from EMA and got my stoploss -40 from entering trade but all of them were negative and i got out of trade .i am very confused how to trade this code i have posted chart aswell can u tell me please where did i make a mistake i would be very glad
regards ,
IMRAN
Attached Images
File Type: jpg Problem1.jpg (76.2 KB, 36 views)
File Type: jpg Problem2.jpg (74.9 KB, 29 views)
File Type: jpg Problem3.jpg (76.5 KB, 23 views)

Last edited by imran84; 10-20-2009 at 01:42 PM.
Reply With Quote
  #77 (permalink)  
Old 10-20-2009, 11:06 PM
 

Join Date: Sep 2009
Posts: 5
Default

Quote:
Originally Posted by Joe100 View Post
Hello neofrohawk,

3. as long as st is still above ema 30

4. SL is buy price -30 or it depends on your mm rule. SL can be set for 30 pips or 50 pips or more as long as not exceed 2% of your capital.


Thanks Joe, can I be added to you yahoo messenger contacts list.
or you can provide me with your details and i can add you as a contact.

Thanks in advance

Last edited by PipsyGirl; 10-21-2009 at 01:45 AM. Reason: Solicitation
Reply With Quote
  #78 (permalink)  
Old 10-21-2009, 01:40 AM
Joe100's Avatar
Master Contributor and Member
 

Join Date: Jul 2009
Posts: 324
Default

Quote:
Originally Posted by imran84 View Post
Hi Joe ,
i have few question regarding reading secret code. i have traded 3 currencies 2day EUR/USD,USD/JPY and GBP/USD .i saw code signal on all of them and traded as they went 40 pips away from EMA and got my stoploss -40 from entering trade but all of them were negative and i got out of trade .i am very confused how to trade this code i have posted chart aswell can u tell me please where did i make a mistake i would be very glad
regards ,
IMRAN
Hello Imran, I am also confused to see your chart. I just want to comment about cable.

1. Your "Code" comprehension is different with mine.

2. Real Code for Cable yesterday was LONG from 1.6355 Stop loss 1.6305
stop loss 50 pips or 2% of your account.
Take profit must be 4% gain or 2x50 pips =100pips or 1.6455

Happy trading
Reply With Quote
  #79 (permalink)  
Old 10-30-2009, 11:35 PM
Banned
Master Contributor and Member
 

Join Date: Oct 2009
Posts: 466
Default

I am lost. Is the answer, "Yes, I really do need indicators"?
Reply With Quote
  #80 (permalink)  
Old 11-03-2009, 04:11 AM
Joe100's Avatar
Master Contributor and Member
 

Join Date: Jul 2009
Posts: 324
Default Is standard signal really work ?

Is standard signal only work for gu pair? I don't know either. But it will work if you use live account.

Reply With Quote
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -4. The time now is 12:28 PM.
Content Relevant URLs by vBSEO 3.3.1
"Do not confuse motion and progress. A rocking horse keeps moving but does not make any progress."
Alfred Montpert
Feedback Form