How much do I need in USD to control 100,000 in lot size at $10/pip? I asked my broker online and he said there’s no minimum amount to start with a live account.
Isn’t it like $1000USD to control 100k?
Sorry for hijacking your thread for a newbie question tradetilidie.
Good morning friends,
The conditions lined up for the 7am EUR/USD short trade this morning. Here is the setup:
Entry Price: 1.3073
Exit: at the open of the 11am CST bar
S/L: 1.3123
TP: 1.3053
Happy trading!
The 7am EUR/USD short trade was stopped out. Next trade: the 12:30pm GBP/USD long trade.
The conditions lined up for the 12:30pm GBP/USD long trade today. Here is the setup:
Entry Price: 1.5825
Exit: at the open of the 3:30pm CST bar
S/L: 1.5795
TP: 1.5835
Based on current price action, I recommend taking this trade with a lesser lot size.
Good luck!
Good morning all,
Hopefully you had a great weekend and are ready for another action-packed week in FX trading 
The conditions did not line up for the 7am EUR/USD short trade this morning. Next trade: the 12:30pm GBP/USD long trade.
The conditions did not line up for the 12:30pm GBP/USD long trade. Next trade: the AU open EUR/USD short trade.
Well, it looks like we completely struck out today…the conditions did not line up for the AU open trade either.
That’s all for the day friends; have a great evening and I will update the board in the morning!
Good morning all,
Hopefully you were able to squeeze about a bit of profit from the market overnight 
The conditions did not line up for the 7am EUR/USD short trade this morning. Next trade: the 12:30pm GBP/USD long trade.
The conditions lined up for the 12:30pm GBP/USD long trade. Here is the setup:
Entry Price: 1.5859
Exit: at the open of the 3:30pm CST bar
S/L: 1.5829
TP: 1.5869
Happy trading!
The 12:30pm GBP/USD long trade reached TP. Here is the setup:
Entry Price: 1.5859
Exit Price: 1.5869
Trade length: 1 bar
Profit: 10 pips ($100)
Next trade: the AU open EUR/USD short trade.
The conditions lined up for the AU open EUR/USD short trade. Here is the setup:
Entry Price: 1.3221
Exit: at the open of the 7:30pm CST bar
S/L: 1.3261
TP: 1.3211
Happy trading!
The AU open trade did not reach TP or S/L today. That’s all for the day; have a great evening and I will update the board in the morning.
Sorry for the late update folks, but the conditions did not line up for the 7am EUR/USD short trade this morning.
Next trade: the 12:30pm GBP/USD long trade.
The conditions lined up for the 12:30pm GBP/USD long trade, and it reached TP. Here is how the trade played out:
Entry Price: 1.5849
Exit Price: 1.5859
Trade length: 1 bar
Profit: 10 pips ($100)
Next trade: the AU open EUR/USD short trade.
The conditions did not line up for the AU open EUR/USD short trade today.
That’s all for the day; have a great evening, and I will update the board in the morning!
thanks for this thread tradetilidie
really helpful for a newbie like myself
Thanks for the post c23gooey. Glad I could be of help
Sorry for the late update, but the conditions lined up for the 7am EUR/USD short trade. Here is the setup:
Entry Price: 1.3158
Exit: at the open of the 11am CST bar
S/L: 1.3218
TP: 1.3138
Good luck!
The 7am EUR/USD short trade did not reach TP or S/L. Also, the conditions lined up for the 12:30pm GBP/USD long trade and it reached TP. Here is how the trade played out:
Entry Price: 1.5807
Exit Price: 1.5817
Trade length: 2 bars
Profit: 10 pips ($100)
Next trade: the AU open EUR/USD short trade.
Good morning all,
Sorry for the late update, but the AU open trade did not reach TP or S/L yesterday. Also, the conditions did not line up for the 7am EUR/USD short trade this morning. Due to the market’s early close, we only have one other trade today.
Next trade: the 12:30pm GBP/USD long trade.