No, you're incorrect. If the distance between the first price point he has marked (1.4384) to the second price point is 320 pips, the second price point would be 1.4084. But as per the chart, the second price is 1.4352, which is 32 pips. In most ...

New idea for strategy with ATR and MA

Not to go off-topic but the EA pair (or any pair for that matter) doesn't move that many pips per day. Perhaps you mean 63.9 pips if you're averaging the last 2 days on that pair. Don't get confused with 4 digit and 5 digit brokers. Best of luck ...

New idea for strategy with ATR and MA

Can anyone tell me how much of an affect the actual DAX components have on running the price up and down? For example if the majority of the 30 companies are negative % can we expect the price to fall as a result? url

SPX and DAX - CFDs are the place to be

Got it, thanks. It seems like your method of trading, being a positional trader, would be suited more to those with larger bank rolls; where you could stay in the market 100% of the time with multiple positions over multiple pairs. Would you say ...

+300,000% by 2020 / Follow My Journey

Rags2RichesFX, do you usually trade with larger lot sizes because of the small trading range this pair gives? It just seems the 'time vs return' on EG is quite small compared to other higher ranging pairs

+300,000% by 2020 / Follow My Journey

Took 100 points on DAX this session. Two positions short at 9342 and 9322. Although longer term targets could have been 9080-8900 (looking at the weekly and monthly charts), but I like to get in and out of the market. That's me for tonight.

SPX and DAX - CFDs are the place to be

Ok got it thanks

The Coin-Flip Theory

So, when you say an SL of 34, what you mean is 3.4 pips, right? My brokers EU spread is 2.5pips.... it wont even let me put an SL so close to that, as 1 tick in the wrong direction would stop me out. And even with a broker with 1pip spread are you ...

The Coin-Flip Theory

Definitely love the volatility in the DAX however with that, I find, comes larger stop losses. If you're looking to have a tight SL, you had better have a good entry strategy. Where as with FX at least with a slower pair you can get away with a 5pip ...

SPX and DAX - CFDs are the place to be

Thanks got it working

The Dollar Cost Averaging Pivot Point Trading Method

Hi mate, when you say you use Fib Retracement Pivot Points (Daily) are those regular pivots or the Camarilla pivots? I also use FXCM and can't find the Camarilla pivots (I have an option for Fib Retracement but nothing about Comarilla). Also do you ...

The Dollar Cost Averaging Pivot Point Trading Method

Just had a look at that broker with the huge leverage - on their website it shows max leverage of 1:2000 for accounts less than $3,000, and is automatically adjusted according to the account equity... Account Equity | Leverage $0 — 3000 (1:2000) $3 ...

The Coin-Flip Theory

So, if you didn't pull that $27k out and kept going you would have now been $19million richer? lol If this method was so easy to turn $100 to $27k in 5 days, why not keep doing it and let us know how many times it's worked? Just cash out every fifth ...

The Coin-Flip Theory

You have an appalling attitude and your ignorance is disgusting with such a blatant post like that. If you placed opposite trades and made a 'good deal of money', shouldn't you be thanking the OP? Ignorance at it's finest indeed. I for one used a ...

The Hurt Locker System

I'm not questioning your method, and of course everyone will have losses using any method or system they use, but where do you get that figure of 60% win rate from? That's what I'm trying to get at, to find a percentage win rate you'd have to ...

Open Scalping Strategy

When you're using such a small stop loss on a daily time frame (where you can't see the small price moves), you can't get an accurate probability of this method. Where you've marked those entries, plot it on the chart and move to a 5min time frame ...

Open Scalping Strategy

Ok fair enough, maybe for the people with brokers whose spread is a little higher perhaps stop loss can be set a little more. If the method is working for you I'm not one to say otherwise

Sharing my profitable and simple strategy

Putting it another way - we're essentially assuming here that once price breaks the min/max candle by 4 pips and goes back 3 pips to trigger the pending order 1 pip above/below the min/max, that price will not move back 3 pips any more times (where ...

Sharing my profitable and simple strategy

Do you account for spreads? Let's assume we're working with a 'min' candle as per your images. By my calculation with an average spread of 2-3 across most currency pairs (1pip if you're with a good broker on EURUSD), if the bid price went down 4 ...

Sharing my profitable and simple strategy

Almost marked the same area on the gbpjpy, whiteout. Did you take the trade? I was asleep when it went into that area unfortunately. If today closes under yesterdays low there's a chance we could see it drop further to test lower levels, just have ...

The theater - trading analysis and setups