A lot of traders underestimate the power of 5 pips. Albert Einstein once said the most powerful thing is compounded interest. So if you add the two then you get the following: 20 trading days x 5 pips each = 100 pips per month x $100 = $10 000. That ...

iandekoker's 5 profit target trades

There are many ways to make money in forex. So i use a combination of sma, ADX and other times only fib levels and other times chart formations and other times candlesticks. It would be very hard to combine all the above in 1 system.

iandekoker's 5 profit target trades

Bullish Piercing Line Open lower than the red candlestick to its left. Closes more than halfway into the red candlestick enter when the next candlestick breaks the high of the Bullish Piercing Line Candlestick

iandekoker's 5 profit target trades

Bearish Dark Cloud is a strong reversal signal enter trade when next candlestick breaks the low of the bearish dark cloud

iandekoker's 5 profit target trades

Inside bar cannot make a higher high or lower low than the candlestick just to its left. How to trade this candlestick formation: this is a either or trade. either ur gonna go long. or ur gonna go short. It all depends which gets broken first. the ...

iandekoker's 5 profit target trades

Here is a Bullish engulfment. The bullish candle (white candle) open lower than the red bar just to its left. And close higher than the high of the red bar.

iandekoker's 5 profit target trades

Here is a nice bearish engulfment. The bearish candle (red bar) opens higher than the white candle just to its left and also closes lower than the open price of the white candle. To confirm it is a bearish engulfment enter when the next candlestick ...

iandekoker's 5 profit target trades

Since it is weekend we might as well play around on the charts and show some good trading oppertunities. On this chart you will see a good Pin Bar. The price gives the impression it wants to go down but the it goes up instead. Always wait for the ...

iandekoker's 5 profit target trades

The same goes for gbp/usd. Currently the market is trading at the top of the channel. This currency might go up all the way to the 123% fib extension before coming down.

iandekoker's 5 profit target trades

here is what i expect the eur/usd to do next week. We are heading towards the top of the channel. Then eur/usd can either break thru the channel and head up towards the 1.4600 level and higher OR eur/usd can come back down after hitting the top of ...

iandekoker's 5 profit target trades

yes i did....i am experimenting with a 7 sma to see if i can catch the trend earlier.....will keep you posted how it turns out....

iandekoker's 5 profit target trades

and my last 5 pip short trade for today.....lol...what a nice day....makes my toes curl... i hope everyone had a good profitable week.....

iandekoker's 5 profit target trades

Thank you for clearing it up. This is what i was trying to say.

iandekoker's 5 profit target trades

Maybe there was a misunderstanding. I didnt talk you down or said anything that offended u...did i? There might be a few things that we are not clear on....like there is a difference between pips and money...as you know a trader can make 5 pips ...

iandekoker's 5 profit target trades

i couldnt resist this 5 pipper....lol

iandekoker's 5 profit target trades

No problem

iandekoker's 5 profit target trades

Ok i hope you work something out that works for you. As for me, i am not after pips....i am after money...so i want the shortest way to make lots of money...without getting reckless.

iandekoker's 5 profit target trades

I hear what u have to say. And in a way i wanna agree with you. I love eur/usd. But i also trade gbp/usd However i absolutely avoid the "Big Green Monster" aka gbp/jpy. But a lot of traders love this currency and makes very good profits trading it. ...

Forex can be easy if you dont trade the GBPUSD

and here is a good oppertunity to buy on eur/usd around 1.4432 to go long again for test of 1.4600. The reason why i say this price is because it is near trend line and daily pivot point and 61% fib level. So there is congergence and that means very ...

iandekoker's 5 profit target trades

ok the market should calm down withing the next 30 minutes. Then we would continue as usual. Damn this uptrend is incredible. As far as i can see we are heading towards the 1.4600 level on eur/usd soon And gbp/usd should test 2.0900 soon and then ...

iandekoker's 5 profit target trades