Just putting the pips on here isn't good enough, I have to show money management somehow. Streamlining as I go. The large draw downs like the NZD/CAD is a small position compared to the USD/JPY for example, where I go stopped out a bunch finding the ...

Swings and scalps

Here is a list of my current positions, I will get more organized with chart analysis etc as time progresses, for now: short USD/CHF currently down 7.3 pips short USD/JPY up 17 pips short AUD/CHF -40 short AUD/NZD -46 short CAD/CHF -114.5 short ...

Swings and scalps

Interested in something that automates trades every 5 or 10 pips, scaling in, like 500 pips every 5 pips entries, above and below price. The idea is to scale in and profit on every market move, have bother buying and selling at the same time, ...

I will code your EAs and Indicators for no charge

I read the pdf. Looking into it a bit. I usually just use lines and fibs. Larger fibs and smaller fibs for support and resistance. I scale in on the dips and then try to ride the trend all the way, moving the stop on the dips, adding more money, ...

Your best method for identifying a trend please

I took a long break for inner meditation to let everything go, including my attachment to money. Just looking for a fresh perspective. I consider money a philosophical tool to meditate on, it represents allocation of life force energy, which is what ...

Your best method for identifying a trend please

I still haven't mastered when to say when. I suffered a huge drawdown today, but recovered and got out at about breakeven. It was a result of adding to the position at fib extension levels and resistance levels. I just couldn't exit like a sane ...

Exiting the Rat Race

22% — Thanks, I know that is an obvious solution. But then I have to check my checklist, and that would be asking too much! Just kidding. Since I scalp a checklist is not alway possible for each trade, because I have to make a decision in a ...

Exiting the Rat Race

Re-evaluating — Election day was bad, I made a mistake and got caught on the wrong end of a breakout of a major resistence line. I hedged but the loss was too large to recover, because I tried to scale in and average out the loss, so I ended ...

Exiting the Rat Race

Change — OK, calculating the pips per day is too tedious. So, since I am using somewhat larger positions now and actually trying to make my account grow instead of just maintaining profitability, I will start logging the percentage increase to ...

Exiting the Rat Race

Take my pips and run. — The one lesson I am having a hard time learning is to take my pips and wait for the next a++ setup. I am having a tendency to overtrade. I find some good setups and make a bunch of pips and then I try to trade the ...

Exiting the Rat Race

Don't know if I mentioned this earlier but I am from now on calculating pips differently. I used to add up the pip value of all positions, now I just count the pips the market has actually moved. It means less pips but it is more accurate of how my ...

Exiting the Rat Race

AAAARG! — Afer trading since the open on the European session until 12 EST I was up 180 pips, but then made a fatal mistake. I didn't place a stop or hedge in place because the market was not very volitile and I was playing a range and got ...

Exiting the Rat Race

Still raking in the pips with EUR/JPY +500 pips so far. (this is calculating actual pips the market has moved, not as I calculated earlier based on number of positions. If I were to add those up I would be at +2381 pips in the last 3 hours or so.)

Exiting the Rat Race

Woo Hoo! — Just banked 300 +- pips from EUR/JPY in a few short minutes. I got in where the red line is approximately and then exited and entered 5 times as the move progressed. I exited when it lost momentum and then placed another entry below ...

Exiting the Rat Race

Market Meltdown — I've been on the sidelines for the most part this last week, due to the market not responding in predictable ways to the fundementals. Horrible news for the dollar has come out and the dollar has GAINED ?!! It is due to the ...

Exiting the Rat Race