Fernie, this entry was ok (for me). I would had taken this as well. But I was at lunch during this retracement. Regards - Xaron

5Min Intraday System

New entry, reached its target in the first progression. I love it. Regards - Xaron

PowerSM Semi-Martingale EA

That's true. But who wants to trade with low leverage (like I do)? No newbie wants to. Yes this works if you go with the fundamentals, it's more investing than trading. But forget this Elliot BS. I don't know. It hasn't even started yet... ...

It's impossible to lose money in Forex!!!

I'll use this sequence using my entry technique from now on. I'll use it on the EUR/USD primary. The risk/reward is great for such a strategy. Even if I lose a sequence I only need two winners to recover. Regards - Xaron

PowerSM Semi-Martingale EA

Another successful day with the entry technique I've described. I think I'll switch to the Lucky-7-setup in the EUR/USD using 10/40 settings. Should work most of the time. Regards - Xaron

PowerSM Semi-Martingale EA

Thanks, matsf! You're right but usually I don't close the second half of my position but trail the stop... Regards - Xaron

5Min Intraday System

What can I say, target reached, about 2% today. EUR/JPY #1: Bah, why did I close that trade so early? One thing to learn... Long at 162.829 1st half closed at 162.891: +6.2 pips 2nd half closed at 162.943: +11.4 pips image EUR/USD #1: Long ...

5Min Intraday System

Yep, trading without a stop is dangerous. It's possible if you use low leverage and go with the fundamentals... Regards - Xaron

5Min Intraday System

The right answer is that there is no right answer. What does work for one doesn't work for another one. Personally I try to keep it simple as possible and don't want to use many indicators... Regards - Xaron

5Min Intraday System

That's right. I don't use a TP and I don't set the stop to BE after 6 pips, only sometimes. I set the stop to BE after I've closed the first half of my position (try to reach 10 pips here). After that I trail the stop for the second half below the ...

5Min Intraday System

Wow! My respect! That must had been hard... Regards - Xaron

5Min Intraday System

I sometimes wonder where all the money come from which goes into my pocket. So thank you Henry, looking forward to your live account. Regards - Xaron

It's impossible to lose money in Forex!!!

Yes, I've found my style. 20 pips SL works for me. I trade the longer timeframes as well, but the 5m is fun. Regards - Xaron

10 pips daily isn't enough?

I'll do, I promise. Regards - Xaron

honest broker

Mine is always 20 pips in the 5m timeframe.

10 pips daily isn't enough?

Yes, I think so. Regards - Xaron

honest broker

Well, $100 for 10 pips sounds good. But it also mean that you lose $100 for every 10 pips the position goes against you. I use this strategy: url Regards - Xaron

10 pips daily isn't enough?

Hmm... I think there is no need for a template. I just use the 3 moving averages, nothing more... Regards - Xaron

PowerSM Semi-Martingale EA

Thanks, that's very helpful. It's like the hibernation mode? From now on I'll use simple price entries. I already use a 5m scalping entry technique which should be a very good entry for this approach here as well. It should reach its target in the ...

PowerSM Semi-Martingale EA

Wonko, old friend. No, I don't look at candle formations. For me they don't say anything in this short timeframe - they're just not reliable (for me). It's also some kind of multi pair watching. Let's take a look at the EUR/JPY: image There was ...

5Min Intraday System