eur/usd 1.3205 ? sell? now is 1.3207. do u mind explain
Hi Jamzz,
I see I made a typo.
Eur/Usd was a Sell with an open @ 1.3250 and a close @ 1.3220. So +30 pips.
Thanks for paying attention 
Kind regards,
Guys, Come onā¦
Everybody should know that you canāt just EXPLAIN forex. By asking FMM to do this over and over youāre just beeing a nuissance. Iām really fed up with your posts: āExplain pleaseā littering this thread. You need to [U][B]practice[/B][/U]. Thatās the only way.
I suggest you read āTrading in The Zoneā by Mark Douglas and learn it by heart.
haha, i was wonder im i the wrong lolx
Hi guys, nice to see newbies like us sharing what to do best with FMM signals.
The lesson I learnt much from this:
- Yes, absolutely, [B]patient is virtue[/B] either for orders, open and closing trades.
2 [B]No trade better then loosing trade[/B]. Sometimes, it doesnāt touch the retracement level veeery close gap and push me to rush into market unnecessaryā¦donāt! - [B]Do not greedy[/B]. I actually targetting TP to 20-30 (RR 1:1) pips each pair if donāt have time to monitor all time. So I choose 5 pairs to chase 100 pips daily.
My winning ratio is not so great with pending orders anyway, yet still profitable, so I will happy to hear some advices for people like me who donāt have time in front of screen whole time
I an not FMM. In my understanding, the TP levels are in a reasonable area. Did you checked the Medium term TP levels on your chart? I bet, You and others never checked the levels. Look some charts.
Letās take a uptrend signal: They are resistant levels. For TP 1 Itās an immediate resistant level. When price hit the resistant level, it will pull back a bit. So this area is for a short term sell area. Take 10-25 pips. Again Price will go to TP2 and this area is for secondā¦ So onā¦
Heyā¦ Man, Itās easier said than done.
FMM should block me from this thread because I exposed his strategiesā¦ 
[B]Again for new members on this thread:[/B]
Every day new members coming here. They donāt have the patience to read the entire thread and they asking for a easier way to learn. Everything explained here in a very simple English.
Invest some TIME to learn. Just think you are going to take a PG degree in Forex trading. Learn everything as far as you can. Trade in a Demo account. Then fund to your broker. Trade what you see.
Good luck.
Limited time frame my friendā¦Just lost my job with the savings to last me one year, maybe one and a half, small kids, wife, you know the worksā¦In this economyā¦Forget about it, lol!
Thank you much, when I learn more from you guys I hope I will be of use to the next guy that needs help going into trading currenciesā¦
Once I get ābasing,ā or consolidation, down Iāll write up a legible document that FMM should post on the first page. But I pretty much get it.
Short Term Strategy - SL is 30 pips TP is 10-25. Iāll take 10 all day. These signals could be used as resting orders. Thatās how I use them. Beware of news. Once I stopped placing orders on pairs that had news that day I noticed an improvement in profit. Thatās only because I use resting orders.
Hi there,
If someone can help with the signals, please? when it says buy atā¦ and then atā¦and so on . does it mean to open another position at that price and then sell at that price. so for instance usd/chf buy first position at 0.9060/65 and then sell it at 0.9120/25 and every set corresponds with the other one in line? what would be the S/L for that line for instance?
and when do FMM posts itās signals what sort of time? cause iām based in the UK
Thanks for anyone that can give me an answer.
I just did. read the post above yours. The come out around 6:30est. so -4 GMT.
Hey goodpunk, what is your winning ratios (for orders) if you please?
Iām thinking about āsafe heavenā scalping
Quick reports from me, EUR/USD just stopped at 1.3250, buying at 1.3200
Open 2 positions, 1st PT @ 1.3225 so got 75 pips today & another 25 pips for USD/CHF (.9100 to .9075, still chasing TP2 .9050).
Enough for today
Cheers
In my new micro account Iām doing pretty well. For example, Iāve had 5 winners to my one loser. Iāll take 20 pips! All in EU and UC. This is just from yesterday. I only submitted the first two buys and sells of 2 pairs. After tonights signals Iām going to start submitting all orders for every pair. Weāll see.
Hello fellow traders,
My trading partner and I have been studyin the markets for almost a year now. Taking our time, being patient, practicing and figuring out what strategies work best for us individually. FMM, I must thank you graciously for your daily input.
Iāve been practicing them for a while and I noticed a very high success rate. In the past 7 days using a $3000 account Iāve made 20% or $600. And my strategy is simple: I input my limit orders before bed, wake up, and watch the markets sporadically. I realize this goes against your strategy, FMM, but its very high probability in making pips. I also watch the markets sporadically in the morning, re-entering or reversing or exiting based on another strategy I use. Out of roughly 40 trades Iāve had 3 losers. The largest loss was 30 pips, admittedly large but I made 150 pips that day. I wasnāt worried.
I only use 2 hour candle-sticks as well, but I might be switching to 60 min or 30 min in the near future to perfect my exit strategy, but right now Iām comfortable.
Some day soon when I have enough time to sit and awtch the markets Iām going to start heavily practicing the midterm strategies. Weāll see.
I see you, FMM, use what appears to be custom indicators (or perhaps a typical indicator) for devising the retracement areas. Do you use fibonnacci levels to figure out these retracement zones?
Could you enlighten us how you figure out these zones? Itād be greatly appreciated. Thank you warmly, FMM.
Hi,
This all sounds awesome! Could You maybe, post a video on youtube how you do it??
Thanks!
HI THERE,
thanks for your reply about the time, that will suit me, about 1100 GMT so i was right about my posting, i just want to understand if itās what i need to do regarding the signals, do i have to open 3 position and then put the T/P to whatever is set to in the coloum of sell at?
I donāt do youtube, unfortunately.
Hereās literally what I do: FMM puts up numbersā¦
Usd/Chf Buy at 0.9060/65 then 0.9050/55 then 0.9025/30, sell at 0.9120/25 then 0.9135/40 then 0.9155/60
I put in a limit sell at .9120 and a limit buy at .9065. Say the price is within 20 pips or so of the first sell limit, like last night I believe the GBPUSD was very close to the first sell limitā¦Iāll then put in a second sell limit at .9135.
I go to bed. I wake up, and booom, Iām up XX amount of pips, almost always. SOmetimes Iāll be down 5 pips or so, but the price WILL come around.
Also, my second strategy is using a double candistick formation on the 2 hour bar. If you get two bars with long tails, the price is likely going to reverse, or at the very worst consolidate (I guess sometimes itāll fake out and continue going in teh same direction as it was moving, but its very rare, especially on a 2 hour bar). Thatās when I exit, or reverse, or even enter if no trades have been made on that currency.
Call it what you want, but making pips is the goal. If I wanted to sit in front of my monitor all morning -early early morning -with the same results Iād ā¦I guess Iād be wasting a lot of my time.
Also, Iām here to offer something, rather than take away. You c an take 10-30 pips on the short term strategy if you like,yet if you have other inidications sayinā stay in longer, or get out, then why not use them. A lot of these people, anyway, havenāt been trading very long, it seems. Thatās why you read āPRACTICE PRACTICE PRACTICEā for āassistance suggestionsā more often than not.
Touche, touche.
My post went both ways. I put in limits, and go to bed and wake up to basically free money. Doesnt get any easier than that, really. The exits, yeah, take 10-30 pips. Still, you need some kind of indication, or else youāll get greedy and go for 30 everytime. Then, 40. Then 50. And you start losing potential pips.