Another good, profitable day. Done for the week

Magic 100

The noise on lower timeframes like M1 is extreme, not so on H1. Every professional trader (and I know quite a few) will tell you that M5 and M1 is nearly impossible to trade profitably. Even for me with over 10 years of trading experience, it is ...

Magic 100

Thanks for your effort, but to trade this system profitably you need experience, screen time and manual entries. You cannot let an EA take every entry according to the rules, won't work...

Magic 100

Open a thread and post it there!

Magic 100

If you make 20-50 pips a day, please open a trade explorer and show us the performance. You can look at mine and see how good the Magic100 is... BTW, you will NEVER be profitable long term on M1...

Magic 100

PLEASE open your own thread, this has nothing to do with this system!! Or do you want that someone clutters your thread with a completely other system?? Why do you post a M1 system that has absolutely nothing to do with the 100EMA? I don't get ...

Magic 100

I only traded 3 pairs today: NZDUSD, NZDJPY and GBPCHF. But with multiple positions and partial closes, so that could be the reasons for that many trades.

Magic 100

Tough trading today, but I managed to make up for my losses.

Magic 100

Almost among the Top 10

Magic 100

Looks also good...but wait and see how the H1 closes. If the candle is big, wait for a smaller one or an inside bar and take the break of that one.

Magic 100

Looks good . But be careful, price is making HL and HH, so it easily could go higher and break through the 100EMA.

Magic 100

Yes, same entry rules. But you have to be extremely picky with your setups, only take the best ones.

Magic 100

Yes.

Magic 100

No, it depends. Can also be a hammer / pinbar. Retracement has to show that is slowing down. But if price hits the 100ema or some heavy support/resistance zone or round number it does not require a special candle formation. It is hard to explain, I ...

Magic 100

2 reasons: 1. I was not at the PC ;-) 2. Personally, I would have not taken the break of that green candle because it shows no slowing down of the retracement (no doji). If you had made the trade, it would likely be a winner too (depending on your ...

Magic 100

Here's another trade I just took on AUDCAD M15. I took profit at 1.5R. SL = 8 pips, TP = 12 pips.

Magic 100

Here is another perfect trade example I took on NZDCAD H1 a few day ago. The retracement slowed down (Doji), so I took the entry right below the round number. A bit early according to the rules, but you would have made a good profit either way.

Magic 100

I slowly but steadily climb up the August Leaderboard for Live accounts. It should be noted that most of the accounts above me have a negative all time performance.

Magic 100

Here is some trade I took on GBPCAD H1, perfect setup. Partial close at previous day's low, TP at round number.

Magic 100

5.7% profit today...more than enough. I am done

Magic 100