I did not post the questions, but the questions asked and your responses were very helpful to me.
Do you use Oanda for data as well as trade execution? I ask because I am planning to trade with you in your trading room in January and I would like to have a very similar set up to what you are trading with.
I just wanted to say that I have really enjoyed the info you have been sharing with us regarding your system. I have been demo trading Heinken Ashi candle scalping for some time now and have finally moved to a real account with real money. Basically im using the same setup as you with some small differences…I trade/scalp the 1/5/15 min chart for profits between 10,20,30,40+ pips. I use a stochastic set to 14,7,3 to check for overbought and oversold conditions and I also scale into trades. Basically, since im still learning to trade with real money I am moving into a trade in 2 parts instead of all at once in an attempt to minimize losses if/when the trade moves against me…this has been working very well for me! I also keep the leverage very low…at 2:1…this allows me to scale up or help to dollar cost average if I need to. Max drawdown is set at 7%.
As well, I always read up on the overall daily trend/resistance levels that are expected for GBP/JPY at actionforex.com…it helps to get an overview of what to expect generally…Im using MB Trading…highly recommend them.
morning traders, back to work for my group today. Staying in cash during holidays is a must.
I just moved headquaters to Miami, FL. I already took 2 trades today for +10 +10 (check chart).
I will be posting my trades up again on a daily basis.
JANUARY 12TH’S GRAND TOTAL: +20 PIPS
19 DAY GRAND TOTAL: +1,413 PIPS
morning traders, past 2 days have been hectic in my personal life. I had to take those days off. But everything is back to normal now and i will trading today. Sorry for any inconvience.
WOW GJ in a 15 pip range for almost an hour now, retail sales #s are coming out at 830am est, bring some volume into the GJ. I am in a long position in GJ at 130.10 see how it goes.
I like to see that you’re still getting great results and I am looking forward to Jan 26th if that is still the correct date on the re-opening of your trading group. Keep up the good work.
GJ looking to be showing a strong uptrend on the 5 min chart, i will be trying to get long all day today on any sort of pullback. looking at the daily chart, price slow down showing a bottom forming. Longs are in play. Smart money going on the long side.
[B]
P1PTRAD3R[/B]