here is a nice short trade this morning on eur/usd

iandekoker's 5 profit target trades

you are welcome. Now may your account never look back

iandekoker's 5 profit target trades

Here is some excellent reading url and also url

Will Fed Do The Unexpected And Leave Rates Unchanged!!

ok here is my take on the FOMC later today. Senario 1: Fed cuts interest rate by 0.25 point as everyone expects then the things will continue as like today. 0.25 is the consensus. Scenario 2: Fed cuts interest rate by 0.50 point then the dollar will ...

Will Fed Do The Unexpected And Leave Rates Unchanged!!

here is a chart showing how the price respects fib levels. The fib extention levels are always good profit target levels. See how the price went up all the way to the 161.8% fib level

iandekoker's 5 profit target trades

ok here is my take on the FOMC later today. Senario 1: Fed cuts interest rate by 0.25 point as everyone expects then the things will continue as like today. 0.25 is the consensus. Scenario 2: Fed cuts interest rate by 0.50 point then the dollar will ...

iandekoker's 5 profit target trades

yes you are right. It actually came close than i thought on a second look For jpy i would suggest a bigger stop loss. Anything from 30-50 pips.

iandekoker's 5 profit target trades

Here is a text book trade on usd/jpy that i took earlier today. I just wanna show you the whole picture see how price respected the fibo levels and once the price hit the bottom of the channel (which was also 76.4% fib level ) it went up and stopped ...

iandekoker's 5 profit target trades

As you can see there are lots of ways to trade forex. I like to look at the bigger picture provided by the weekly and daily charts. Then i like to buy dips or sell rallies. Also i like to see chart formations broken. It gives me good low risk and ...

iandekoker's 5 profit target trades

if you are wondering where i get my chart formations from it is from Autochartist. If you have a live account with InterbankFX then this service is provided free of charge. Autochartist send you chart formations every 15 minute, 30 minutes, 60 ...

iandekoker's 5 profit target trades

things dont always work out as you plan. I expected usd/chf to go down after it reached the top of the channel. But it seems to have mind of its own. So let's so how this trade works out. I am short on this trade for the reason that there is a ...

iandekoker's 5 profit target trades

i dont often trade usd/jpy to get more than 5 pips but i just couldnt let this one slip. Look how the price took off from the bottom on the channel all the way to the top of the channel where i put my take profit target. Nice 44 pip profit. It was a ...

iandekoker's 5 profit target trades

Go to "inset" menu. A drop down menu will open and then click on fibonacci. It should be the first option.

iandekoker's 5 profit target trades

here is a potensial set up for those traders who wants more than 5 pips. This set up gives you low risk entry points and stop loss points that is well placed. This is called a fibonacci channel. Most MT4 platforms have these indicator. All you need ...

iandekoker's 5 profit target trades

here is another long trade on gbp/usd

iandekoker's 5 profit target trades

here is my long trade on gbp/usd

iandekoker's 5 profit target trades

beautilful.....see how easy it is to some pips

iandekoker's 5 profit target trades

here is my first trade for today

iandekoker's 5 profit target trades

Yip

Now I know why 95% of traders are on losing side

4/4 is excellent. Maybe you have many more 5 pip profit days.....

Now I know why 95% of traders are on losing side