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- iandekoker replied Oct 29, 2007
yes that is why i love trading eur/usd mostly. Only a 2 pip spread and you only need the market to move 7 pips once you have entered and you can get out with 5 pip profit
iandekoker's 5 profit target trades
- iandekoker replied Oct 29, 2007
lol...i am not even gonna comment on this...it will only get me into more trouble....

Now I know why 95% of traders are on losing side
- iandekoker replied Oct 29, 2007
here was a more riskier long trade...it is better to wait until the candlestick closes above the trendline before entering trade....but i took the chance and it paid off...5 pips in dthe bag...lol
iandekoker's 5 profit target trades
- iandekoker replied Oct 29, 2007
oh no a loosing trade.....but here is a good lesson to learn i took this long trade...but didn't draw the trendline before hand...and that was the reason i got stopped out....so next time i will only take the trade once it has broken above the ...
iandekoker's 5 profit target trades
- iandekoker replied Oct 29, 2007
lol..yes i know the feeling of seeing lots of profit the one minute....only to see you have been stopped out an hour later....or you set a take profit target only so see you missed it by 1 pip....it has happened so many times with me trading ...
iandekoker's 5 profit target trades
- iandekoker replied Oct 29, 2007
This was a good long trade on usd/chf but i was too late spotting this one....damn...lol
iandekoker's 5 profit target trades
- iandekoker replied Oct 29, 2007
i was bored with eur/usd and gbp/usd earlier today so i took this short trade on nzd/usd.....got my 5 pips
iandekoker's 5 profit target trades
- iandekoker replied Oct 29, 2007
see on this chart how eur/usd is struggling to get back into the channel....let's see what happens
iandekoker's 5 profit target trades
- iandekoker replied Oct 29, 2007
here is how i see things.... we need to break the purple upside trendline if eur/usd is gonna push higher. After that we need to break the upside channel line...Then eur/usd will take off
iandekoker's 5 profit target trades
- iandekoker replied Oct 29, 2007
here is a 5 pip short trade after the channel was broken to the lower side
iandekoker's 5 profit target trades
- iandekoker replied Oct 29, 2007
here is a bigger picture of eur/usd consider short trades once the channel gets broken to the downside
iandekoker's 5 profit target trades
- iandekoker replied Oct 29, 2007
i have to agree with the pro trader. i am not a big fan of a mechanical system. Unless that system takes support and resistance, pivot points and chart formations in consideration. Besides making use of a mechanical system is as good as giving ur ...
Now I know why 95% of traders are on losing side
- iandekoker replied Oct 29, 2007
well said...or rather well quote
Now I know why 95% of traders are on losing side
- iandekoker replied Oct 29, 2007
i agree....there are lots of ways to make pips.... maybe the tread got so long cause everyone wants to prove to others that THEIR way is superior...lol ps...i have never put down other ways of making pips...all i am saying is this :"try and make ...
Now I know why 95% of traders are on losing side
- iandekoker replied Oct 29, 2007
and here is a good trade on usd/jpy
iandekoker's 5 profit target trades
- iandekoker replied Oct 29, 2007
Plus look at these jpy charts...there were lots of pips in this
iandekoker's 5 profit target trades
- iandekoker replied Oct 29, 2007
here is a 5 pip long trade i just made om gbp/usd
iandekoker's 5 profit target trades