I am in here watching how you are progressing!! 
Look after the pennies and the pounds will look after themselves, is biggest load of rubbish I heard in my life.
A bit like - School - Best years of your life - You can quote me with certainty that they are NOT.
Heads tonight again. Gave up on the penny, and used a quarter.
Was a little late doing this, went out for dinner.
Weāll try for a modest 20 pips. Itās moved up 60 pips since it opened, no sense in pushing the daily range by too much.
Bought in at 1.3334, t/p set at 1.3354. Weāll see. Itās already up a couple, we shall shall see if the move continues. Iāll watch it, and set the stop loss shortly. If it gets to 10+, Iāll move the stop up to +2. Fridays are weird.
Up 14 pips. Moved the t/p to +30, and put a stop loss in at +4. So we are guaranteed a winner, even if itās a small one;)
hey , master tangā¦
You left the trade open over the weekend???
Wont you get taken out by the widen spreads?!?!?!?
Nope, no over-the-weekend trade. It closed out at +4 pips. It went up to +15, and I moved the stop loss up, and went to sleep:D Had to much to do on Friday to stay up and babysit it, or we would have made 50+ pips.
Itās all good:)
Check the the mt4pips link if you want to see trade status at any time. It updates every 5 minutes, so itās right on top of things:D
Cheers!
Ever wonder if they use coins with the heads or tails on both sides for the home teams?
In case you missed it, hereās the link:)
We got tails tonight.
Trade is closed, for 8 pip profit.
We be small time winners:D
So whatās next?
9:00 PM, and weāll see:D
May be heads, may be tails.
Whee doggies. Went back to the penny, and Lincoln was ashamed to show his face.
Sold in, Iāll go look at the charts, and post my plan.
Damn the timingā¦ I wish the candle I entered on was closed.
Okay, hereās the quick rundown. Itās bounced off the area around the 1.3500 mark now 4 times in the last two days. It briefly got through yesterday, but got sent downstairs in a hurry.
The bottom has been the 1.3450 mark which has a little history.
Our entry was at 1.3487, Iāll set the stop loss at 1.3510, if it makes it through there, it will likely go up a lot more. No sense wasting money.
The t/p is 1.3450. Iāll be watching the momentum of price as it approaches that number.
Maybe we can get back to b/e on this thing tonight:D
This may play out nicely. Itās definitely the most user friendly set of circumstances since I started this.
Iām not sure you know, may I suggest you use another indicator as confirmation
I think you need to consider if itās raining or sunny, if itās raining you need to reverse the trade, if itās sunny you should increase your risk by 28.53%. If the wind is more than 30 mph an hour you donāt trade.
I know what your thinking, itās already getting a bit complex which defies the reason for the coin tossing strategy, the dilemas of a day trader :rolleyes:
LOL
Barometric pressure may be helpful:D
Wouldnāt you trade Gold with that though? isnāt it about $993 per mili[B]bar[/B] O dear they get worse.
euro funny guy.
ducks tomato
Iām all excited waiting for tonightsā signal, which coin will you be using?
Hi people,
I am a newbie , just recently started forex, and not experienced.
I know how you can make this profitable. I was spending one year from my life with gambling strategies. In this case you have a 50/50 chance to win, depending the coin toss.
You can make it profitable by using a money management system, called Pluscoup progression.
I give an example, your coin tossed, gives you sell, assume you lost the trade, so -X pips.
Next day you toss the coin buy, assume lost trade, -2X pips
Next day coin toss sell, lost trade -3X pips
Next day coin toss buy Won the trade -2X pip, because you made profit todayā¦
Next day coin toss sell, but you increase the lot size to two, assume you won you are back two 0 balance,
Next day coin toss buy , you use three lots and won, you made 3X pips profit.
So till you loose you use 1 lot, on the first win, you increase the lot size with one till you turn into profit, if you lost increased size trades lets say two lots trade , then next day you repeat the lot size, and increase it by one only if you winā¦
Bambura