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New-Pragati replied Oct 11, 2014I have thought about increasing the Risk/Reward ratio. The best that I could come up with was : The 1st step of the trade set remains the same. There is no improvement in the Risk/Reward ratio. Improvement in Risk/Reward ratio will be implemented in ...
Magnetic Target Zone with Capped Martingale
- New-Pragati replied Oct 11, 2014
Thanks for your advice. I do apologize for not putting up any pictures and I appreciate your feedback. However the pictures will reveal the exact trade method , which I don't want to reveal at the moment. Maybe later on, after about a hundred or ...
Magnetic Target Zone with Capped Martingale
- New-Pragati replied Oct 11, 2014
As per the market close on Friday, the price of AUDJPY is 93.45. If market opens with this price on Monday or lower I will take this trade : AUDJPY (A1) : buy 0.01 lot at 93.45. TP 93.85 . SL post 3rd Martingale. Next Level buy 0.04 lot at 92.75(A2) ...
Magnetic Target Zone with Capped Martingale
- New-Pragati replied Oct 11, 2014
Learning and improvising is a 'Never Ending' Process. I thought of keeping track of the success/failure of this system updated in the First post. This will definitely go a long way in creating a profitable system. The statistics will be in terms of ...
Magnetic Target Zone with Capped Martingale
- New-Pragati commented Oct 11, 2014
Every new trend starts with reversing the old trend. The trend is both your enemy or your friend Depends on when you enter and exit any trade.
Traders in Financial Futures - Options and Futures Combined Positions as of October 7, 2014
- New-Pragati commented Oct 11, 2014
The heading of this article should be "Who will NOT raise interest rate first" . All nations seem to be wanting weaker currencies.
Who will raise interest rates first – the US or UK?
- New-Pragati commented Oct 11, 2014
Natural resources are not unlimited. Saudi Arabia may not understand this today but a few decades or maybe a few centuries down in time their descendants will definitely curse their ancestors for this. God help them in their endeavor .
Saudi Arabia to pressure Russia, Iran with price of oil
- New-Pragati commented Oct 11, 2014
I admire the guy for his courage. Need a lot of guts to do this.
A Wells Fargo Employee Emailed The CEO Asking For A $10,000 Raise And CC'd 200,000 Other...
- New-Pragati commented Oct 11, 2014
No matter what tests are done , some banks will still fail in the long run. People will always happen to lose money without deposit insurance.
U.S. and U.K. Plan Banking ‘War Game’ to Test Crisis Defenses
- New-Pragati replied Oct 11, 2014
Hi All , I have added a small poll to get the opinions of viewers on this system. Your opinions will be appreciated. Also kindly do comment on why you voted with each option.Thanks. Currently my opinion is that it will work(My Vote is Yes). Maybe a ...
Magnetic Target Zone with Capped Martingale
- New-Pragati replied Oct 11, 2014
I was checking the system and and I was not satisfied with the risk/reward ratio. I know that there will be losses and this is what I have to control. I need to increase profits in terms of pips to make up for losses that will be incurred. Still ...
Magnetic Target Zone with Capped Martingale
- New-Pragati replied Oct 10, 2014
GBPJPY trade (A1) closed in profit within a few hours with a profit of $3.49 after deducting commission. Trades A2 and A3 cancelled as A1 TP reached. I Missed the GBPUSD , EURJPY and NZDJPY trades as I was not on on my system. Need an EA so that I ...
Magnetic Target Zone with Capped Martingale
- New-Pragati replied Oct 10, 2014
Today's Second Trade : GBPJPY (A1) : buy 0.01 lot at 172.82. TP 173.20 . SL post 3rd Martingale. Next Level buy 0.04 lot at 172.12 (A2) if TP not hit on above trade (A1) and goes further down. TP at this level will be 172.50.(All GBPJPY trades ...
Magnetic Target Zone with Capped Martingale
- New-Pragati replied Oct 10, 2014
AUDJPY trade (A1) closed in profit within a few hours with a profit of $3.48 after deducting commission. Trades A2 and A3 cancelled.
Magnetic Target Zone with Capped Martingale
- New-Pragati replied Oct 10, 2014
Today's Trade : AUDJPY (A1) : buy 0.01 lot at 93.82. TP 94.20 . SL post 3rd Martingale. Next Level buy 0.04 lot at 93.22(A2) if TP not hit on above trade (A1) and goes further down. TP at this level will be 93.60.All AUDJPY trades closed) Last Level ...
Magnetic Target Zone with Capped Martingale
- New-Pragati replied Oct 8, 2014
The market is is open for 120 hours per week.(24/5) . Guess the person made a typo mistake. My time zone : Opens on Monday at 2:30 AM and Closes on Saturday at 2:30 AM.. From Saturday 2:30 AM to Monday 2:30 AM the market is closed which means closed ...
Being a trader is a way of life
- New-Pragati commented Oct 8, 2014
Thanks for your info Rtm and mrlfx. Previous experience with instaforex was pathetic. They deducted half of my deposits made via Liberty Reserve and also froze the remaining half deposits for over 3 months. I withdrew at the earliest. Also SL ...
Bitcoin - Story of Mania and a Possible New Paradigm
- New-Pragati commented Oct 8, 2014
Well I missed my opportunity to make profits in bitcoin. When the price fell to about $113 after the Silk Road Episode more than a year back I wanted to buy 10 bitcoins but none of my mt4 terminals provided bitcoin trading. Hence I could not ...
Bitcoin - Story of Mania and a Possible New Paradigm
- New-Pragati replied Oct 8, 2014
A little change to post 4 . ; The Capped Martingale system will consists of 3 steps of the trade. The first trade in any particular pair will be taken with a lot of 1,000 (0.01). The second trade of each traded pair will be 4,000 (0.04). The third ...
Magnetic Target Zone with Capped Martingale