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- Pipsninja replied Dec 24, 2015
AUDCAD long trade, +81.6 pips (8 lots at +10.2 pips). I wish you all a very Merry Christmas.
Scalping the Rainbow
- Pipsninja replied Dec 23, 2015
EURNZD short trade, +67.2 pips ( 8 lots at +8.4 pips). At the time of entry the top right meter was all red.
Scalping the Rainbow
- Pipsninja replied Dec 22, 2015
It is GMT+2. Please keep in mind that over 80% of the trades that I have posted here, some of the indicators looked different at entry time compared to exit time, so you can't really analyse the indicators at the exit to see what they looked like at ...
Scalping the Rainbow
- Pipsninja replied Dec 21, 2015
NZDUSD long trade, +77.6 pips( 8 lots at +9.7 pips).
Scalping the Rainbow
- Pipsninja replied Dec 19, 2015
I have been using LE1's way of trade management meaning I move my SL to BE after being up by X many pips to BE. I usually have a profit target of 8-14 pips on my M5 trades and 15-25 pips on my M15 trades. If there is no major traffic ahead, HTF, ...
Another simple system - Time-Frame 15
- Pipsninja replied Dec 18, 2015
These are as mentioned before advanced type entries. I always evaluate Price Action by zooming out first. Where is price coming from? How far has it come? Where it possibly could go? Where is the best place for me to join the current move? Where are ...
Another simple system - Time-Frame 15
- Pipsninja replied Dec 18, 2015
Hi Pipsalon, thanks for this post and the explanation of your trade entries. When I do multiple entries, I do so by design and I make that decision way before my first position entry and as result I split my trades size accordingly. As you correctly ...
Another simple system - Time-Frame 15
- Pipsninja replied Dec 18, 2015
EJ M5 short trade with 2 positions, too long to be in a trade in M5 for my taste but had confidence in the YEN strength.
Another simple system - Time-Frame 15
- Pipsninja replied Dec 18, 2015
You are welcome Mares, I agree with you to a certain extent regrading time spent in a trade, I don't sit and wait forever until I get to a predefined profit target since my TP is dynamic anyway. When trading big lots and going for short distances ...
Scalping the Rainbow
- Pipsninja replied Dec 18, 2015
I closed a UJ trade using the rainbow and went to post it on another thread and that is when my internet slowed to a grinding halt. I am on my backup internet now
. Nice pipping pips29 and Pipsalon
Another simple system - Time-Frame 15
- Pipsninja replied Dec 18, 2015
I am having internet issues today. There are some people who question the usage of hard SL when trading the lower TFs. Example of a nice yellow zone failing and price smashing through it. There are no 100% setups. Always use a SL and protect ...
Another simple system - Time-Frame 15
- Pipsninja replied Dec 18, 2015
UJ short trade, +80.0 pips ( 8 lots at +10.0 pips).
Scalping the Rainbow
- Pipsninja replied Dec 17, 2015
Superb trading everybody
. I have been busy trading the lower TFs
. My UC prediction on Dec 11th posted here: Let me get my crystal ball out
. We are on the C Wave leg of an uptrend which is the longest leg. Wave A is +300.0 ...TMS for M30 charts
- Pipsninja replied Dec 17, 2015
I employ a form of pivots and ADR in trading a HTF strategy. I have looked at Center of Gravity indicator briefly but don't use it.
Scalping the Rainbow
- Pipsninja replied Dec 17, 2015
Very good question Mares. The answer falls in that 30% part
. Just like cigarguy, I employ an emergency hard SL which varies depending on the traded pair and I close a trade before it reaches it. My TP is dynamic meaning that I actively mange my ...Scalping the Rainbow
- Pipsninja replied Dec 17, 2015
Hi, I see that you joined back in 2008 and you have had a busy past 6 months just trying out a lot of different trading systems, I have been in your shoes and have done the same in the past. It is a matter of finding what fits/suits you best. Just ...
Scalping the Rainbow
- Pipsninja replied Dec 17, 2015
Superb sniper shot
. I would rate this trade on a scale of 1 to 10 with 10 being the best a solid 10
. Now, keep on doing it over and over again with extreme precision and when you have a losing trade just take the loss and move on ...Another simple system - Time-Frame 15
- Pipsninja replied Dec 17, 2015
GU M15 short trade, sub-wave within the larger wave ( break of RN and then a return kiss for a further continuation move down)
. May go lower but I am not greedy
. I am done trading for today.Another simple system - Time-Frame 15