Hi Steve. I´m enclosing the spreadsheet I use. You can see how fast the account grows with 20 pips per day goal and 2% risk per trade. Even 10 pips per day increases your account by 11 times per year. That is the magic of compounding...

Nihilist Forex Indicators

That sounds good in principle, but the reality is that setting a stop loss is a totally objective decision, while setting a TP is totally subjective. 99% of the time, price will not end its move at the TP you set. It will either fall short and turn ...

Nihilist Forex Indicators

Hi Steve. It is much, much easier to pocket 10, 10 pip trades or 5, 20 pip trades than 1, 100 pip trade. Take those small profits continuously, they add up. When in doubt, get out. Psychologically, taking many smaller profits (singles) adds to your ...

Nihilist Forex Indicators

Hola amigo desde Madrid. A very simple system. Question: Why did you set your TP on USDCAD at 1.10?

"Scalping" in 1 day charts

Yes. OK, guys. Having lost 7% of the account in 3 days. It´s time for me to say good bye. I have tried many systems over the years and I can tell when my time to move on has arrived. Thanks Udine and good luck to all with your trading in the future. ...

As simple as possible: 00 level trading

Today: AudUsd: +5 TP AudUsd: -10 SL EurCad: -10 SL EurGbp: +5 TP AudUsd: +5 TP AudCad: +5 TP EurCad: -10 SL EurUsd: -10 SL AudUsd: +5 TP UsdCad: +5 TP AudUsd: -10 SL AudCad: +5 TP Now open: EurGbp, UsdCad Today: -15

As simple as possible: 00 level trading

Today: AudUsd: +5 TP AudUsd: -10 SL EurCad: -10 SL EurGbp: +5 TP AudUsd: +5 TP AudCad: +5 TP EurCad: -10 SL EurUsd: -10 SL AudUsd: +5 TP UsdCad: +5 TP AudUsd: -10 SL Now open: AudCad, EurGbp, UsdCad Today: -20

As simple as possible: 00 level trading

I have an ECN Broker and spreads and commission are taken into account. These numbers are net.

As simple as possible: 00 level trading

Today: AudUsd: +5 TP AudUsd: -10 SL EurCad: -10 SL EurGbp: +5 TP AudUsd: +5 TP AudCad: +5 TP EurCad: -10 SL EurUsd: -10 SL AudUsd: +5 TP UsdCad: +5 TP Now open: AudCad, EurGbp Today: -10

As simple as possible: 00 level trading

Today: AudUsd: +5 TP AudUsd: -10 SL EurCad: -10 SL EurGbp: +5 TP AudUsd: +5 TP AudCad: +5 TP EurCad: -10 SL EurUsd: -10 SL AudUsd: +5 TP Now open: UsdCad, AudCad, EurGbp Today: -15

As simple as possible: 00 level trading

Today: AudUsd: +5 TP AudUsd: -10 SL EurCad: -10 SL EurGbp: +5 TP AudUsd: +5 TP AudCad: +5 TP EurCad: -10 SL EurUsd: -10 SL Now open: UsdCad, AudUsd Today: -20

As simple as possible: 00 level trading

Meta1 explained it a few pages ago with pictures.

As simple as possible: 00 level trading

Today: AudUsd: +5 TP AudUsd: -10 SL EurCad: -10 SL EurGbp: +5 TP AudUsd: +5 TP AudCad: +5 TP EurCad: -10 SL Now open: UsdCad, EurUsd,

As simple as possible: 00 level trading

Today: AudUsd: +5 TP AudUsd: -10 SL EurCad: -10 SL EurGbp: +5 TP AudUsd: +5 TP AudCad: +5 TP Now open: UsdCad, EurCad I´m back to flat for today.

As simple as possible: 00 level trading

No, they don´t appear on the list, but the daily trend is valid and price is in the correct side of the 50 SMA. Most of the top 8 do not qualify today.

As simple as possible: 00 level trading

Today: AudUsd: +5 TP AudUsd: -10 SL EurCad: -10 SL Now open: UsdCad, AudUsd, AudCad, EurGbp

As simple as possible: 00 level trading

[quote=Meta1;7825743] Fourth H1 red candle in a row. The odds are against a fifth . I wait for a consolidation and then set the sell stop again on the first H1 turning red. My ideal entry (Stop Order placement) is seeing two or more countertrend ...

As simple as possible: 00 level trading

AUDUSD +5 pips. So far 6 winners and no losers. All trades taken in correct direction of strong Daily trend.

As simple as possible: 00 level trading

Go5, I sent you a PM.

As simple as possible: 00 level trading

Thanks. I would appreciate if you direct me to the corrected version of the spreadsheet. There is always discretion with any system. You cannot enter exclusively by the rules of the system, without any personal input and expect to be consistently ...

As simple as possible: 00 level trading