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- pa_pips replied May 13, 2011
Well done, geduim! I see both of us had a 6 pips loss at same area going counter trend.
Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 13, 2011
Not the best London trading session. Strong trend and I did not manage 12 pips
Did at least end day positive with +4.6 pips.Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 12, 2011
2.5 hours of sitting on hands during early London session before order filled. Did not trade New York Yesterday. Today I am officially 2% overall in profit since starting on 2 May. I now ended 7 trading days in a row positive which represents 10% ...
Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 11, 2011
Choppy London Session. Will only be able to trade 1st hour or so of New York session today. So will see if any opportunity presents itself then. The 2 pips during London session at least helped me to cancel out the 8% loss during first 2 days using ...
Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 10, 2011
Great job in turning it around Kenfenfix
Yes, agree with you about the emotional aspect. I tell myself there are plenty of 12 pip movements in the day. No need to be in a hurry. After 2 or 3 losses in a row during the London Session, I ...Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 10, 2011
5 Days in a row ending up in positive and representing 7.73% growth. If all goes well next trading day should take care of the crazy 8% loss during my first 2 days.
Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 9, 2011
Wow, Mike that was a nice trending trading session and great results

Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 9, 2011
Thanks geduim and Mongolia for your thoughts on targets for day, maximum losses, etc. I did run through a mental process where I had to pretty much weigh up what both of you suggested. At a stage I did read the Niceguy Ridiculous 7 pips trading ...
Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 9, 2011
Thanks geduim. Your questions are welcome. For this style of trading my risk is 1% per trade on $100 account while I am building confidence. Ideally I would only enter 1 trade a day and hit my 2% for the day. Realistically that is obviously not ...
Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 9, 2011
Good job katrooo! Hope your exam goes as well as you trading today.
Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 9, 2011
10 pips during early London Session and done for the day. It has been 4 profitable trading days in a row using this approach. 2nd entry should in fact show +12 pips. 12 -2 = 10 pips for day.
Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 6, 2011
Wow, great stuff geduim

Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 6, 2011
+7.9 pips and done for the day. Thanks Mongolia, I cannot remember the last time, if ever, that I ended 3 days in a row in positive territory.
Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 5, 2011
geduim, I think my fighting mindset goes together with my overall attitude to learning. Fail your way to success has worked well for me in the past. While at university, I failed Mathematics 1. Then managed to passed it with distinction on the 2nd ...
Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 5, 2011
Thanks geduim. I certainly see that you are improving and your charts and Mongolia's comments helps a lot. I will check out those links
Mongolia, thanks for the W & M suggesting. I am already looking forward to tomorow's session to add that to my ...Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 5, 2011
New York Session Trades — Thanks for pointing out the great short that I could have taken in the London morning session, Mongolia. Your feedback enhance my learning experience. Managed to end day with 5 positive pips. The mindset of fighting ...
Make Money Everyday - A Guide to Short-Term Trading
- pa_pips replied May 5, 2011
Thanks 2scoops, fact remains your comment was applicable even though not directed at me. Provided the opportunity to clearly express the risks that I faced on that Daily AudUsd short trade.
Trading Made Simple
- pa_pips replied May 5, 2011
Out of AudUsd trade with 175 pips. If it was not for ECB meeting and all news items I probably would close out at end of day given that it is a counter trend trade.
Trading Made Simple
- pa_pips replied May 5, 2011
Yes AudUsd Daily trade against Daily trend. However seemed as if first possible obstacle only appears at 1.07 to 1.0750 zone. If breaching this level could go down further 100 pips. Would not take it if angle on TDI was not so good. Other aspect ...
Trading Made Simple
- pa_pips replied May 5, 2011
Thanks for sharing this great method Eelfranz! I took this Daily trade using micro lot while I am building confidence and experience.
Trading Made Simple