what i meant was, yes there are eas and all that, but to my knowledge discretion is usually applied, and once discretion is applied then it no longer becomes a true mechanical system. if there are and are traded that way, then i bow to superior ...

Part Time Wealth Building Trading System - Weekly Scalping

fresian, the eurjpy is an old trade isnt it? what are you using for s/l?

My Daily Fozzy Trades

i am a newbie, but i suspect the reason tk and the others havent answered is there isnt such a thing as a 100% mechanical system.. if it was so simple to make money............

Part Time Wealth Building Trading System - Weekly Scalping

just be a little careful on this. this requires a lot of administration. i traded in this manner with 3 orders per pair for two pairs.. and it requires lot of attention, especially if you have a day job as well..

Part Time Wealth Building Trading System - Weekly Scalping

james, tk, what do you use as s/l for the immediate entry on the weekly system? and in summary this is what you do : tkimble: if sunday long, enter long trade on market open if sunday short, enter short trade on market open s/l? still 30 pips? and ...

Part Time Wealth Building Trading System - Weekly Scalping

absolutely no discretion. methinks tk designed this for no user discretion. i have now been stopped out 4 times and currently out of market, since i was not able to re-enter at original buy price (work) ...

Part Time Wealth Building Trading System - Weekly Scalping

same here. am sticking to week close +/- (50 + broker spread[) and 30 s/l. i shall re-enter as soon as i get stopped out. no other variations. one question. since i have a day job there are often occassions where i am not able to re-enter an order ...

Part Time Wealth Building Trading System - Weekly Scalping

got sled once more now.. on oanda.. my nerves can take this.. my a/c? lets see

Part Time Wealth Building Trading System - Weekly Scalping

week close was 238.16. i entered long at 238.76 which includes broker spread, sl at 238.46. on gft and oanda its hit this 2 times now and sled too.

Part Time Wealth Building Trading System - Weekly Scalping

gbpjpy — crazy day on this.. stopped out 4 times on long.. but i shall persist .. perseverance pays as evidenced by tk

Part Time Wealth Building Trading System - Weekly Scalping

chfjpy,eurcad,nzdusd,usdchf — chfjpy seems to be the best of the lot so far

My Daily Fozzy Trades

bad week for me with audnzd and cadjpy wiping my gains. look forward to the coming week now.

My Daily Fozzy Trades

i took the 1st and last.. the last is against the rules, but i wanted to test my discretion.

My Daily Fozzy Trades

eurusd is a definite maybe. tight stops wld be good. note that the lowest in recent times is just about 50 pips away from the current price. nzdusd i wldnt take. it hasnt stayed long below tunnel. cable also i wldnt for same reason. btw while i am ...

My Daily Fozzy Trades

good point. todays wld be 4th candle. beyond my rules. yet another quiet night.. just 2 trades this week.

My Daily Fozzy Trades

cadjpy,eurusd — these two in decreasing order of interest seem the best of todays crosses. what say folks?

My Daily Fozzy Trades

good for you. i stayed out of the market yesterday

My Daily Fozzy Trades

am sure this is a great system — like all of tk's others... those, like me, who have day jobs, might find this difficult to administer.. so weekly system is better in that sense.. ofcourse, with tk's generosity, the need to have a job will ...

Part Time Wealth Building Trading System - Daily Scalping

now, i wonder why i bought rich dad poor dad.. i shoulda just read tk's posts .. great great post tk. thanks.

Part Time Wealth Building Trading System - Weekly Scalping

might be worth posting your refinement of the system in the main thread.

My Daily Fozzy Trades