oeps here is the chart

iandekoker's 5 profit target trades

here is another 5 pip profit. ADX and DMI were above 35. Seems like good oppertunities present themselves when DMI is under 25 and then breaks thru 25 level heading towards 35 level and breaking above it.

iandekoker's 5 profit target trades

Here is my first trade of the week resulting in a 5 pip profit.

iandekoker's 5 profit target trades

Ok this is a new line of thought that i havent come across before. Care to share some more detail on this?

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

Lol...exactly

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

Damn with 140 pip stop loss you might as well not have a stop loss Yes that is my problem with systems too, they are work during trending markets and/or for a short while but in ranging markets and/or in the long run they seem to struggle.

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

Yes i agree 100%. Maybe some traders don't take the time to study a currency and/or seek to understand what is driving it What is your thoughts on the immediate future of the eur/usd? I am convinced that we will trade around 1.36-1.45 till the end ...

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

whatever floats your boat my friend. It's not my fault you don't know how to follow what i wrote and/or doesn't know how to set up the ADX properly.

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

Yes adx 7 period applied to close

iandekoker's 5 profit target trades

yes time of day is also important. i dont trade asian sessions

iandekoker's 5 profit target trades

Yes you are right. Money Management is the MOST important thing in forex to me.

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

Regarding your 2nd chart. Once again our chart differ. Either the brokers have different times or your setting are not like mine.

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

Regarding your first chart. I think our charts differ a bit. Cause on my 15 min charts there was a 5 pip profit for me.

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

I am with you. I know how you feel. Sometimes i get so "mad" when i read certain statements posted about risk/reward, money management, stop losses, profit targets, winning/loosing ratios. Other days i find it very amusing. And i wonder where ...

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

Lol...sorry but i just have to responde to this. My friend is a +2 handicapper. That means he shoots a round of 69 on average BUT he cannot make it as a touring pro on the golf scene. I know of two golf courses where he holds the course record. ...

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

Yes i agree with you

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

The ADX needs to be above 35 AND the DMI also has to be above 35.

iandekoker's 5 profit target trades

yes each to his own....as long as everyone is making lots of money

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

Well said. I couldn't have said it any better myself

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

My account size is big and i use a 10:1 leverage. I trade $100 lots. Aiming for $500 or 5 pips profit. Risking 20 pips or $2000

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