Now short 1 Lot. image SL will be tightened to further reduce risk as PA unfolds. Masterrmind.............

GamblerPro

Price getting close to my ZOI ! image Pay particular attention to the 'internal harmonic' move to the upside I have drawn on the chart and where it completes. This poses a potential risk to a short side entry. Masterrmind............

GamblerPro

If price fails to make the bounce and pop into my ZOI for a potential short entry, instead deciding to drop to lower levels then I'll pass on it since I have no interest in chasing price. image Masterrmind............

GamblerPro

Might have missed a nice short off the 50 Fib but lets just wait and see how price moves. image Preference is at least the 61.8 zone for a short setup in this case. Lets see if price bounces off minor support (light blue color zone) and gets back ...

GamblerPro

CADJPY [M5] image Masterrmind.............

GamblerPro

UCad [M5] Closed out for a winner. image Masterrmind.............

GamblerPro

I may also start trading more than 1 pair at a time if I see appropriate setups. Note that I may apply any risk across the account up to but not exceeding 10% of current Equity. If this were to occur it is more than likely that each trade setup ...

GamblerPro

USDCAD [M5] Now long 1 Lot image Initial stop is 20 pips with a TP set at 30 pips. Trade will be monitored including stop ot target adjustments and early closure if required. Masterrmind.............

GamblerPro

Losses In the case where losses occur and Equity drops to the next lower level then its simply a matter of trading the designated volume within that Equity range according to the plan as presented on the Excel sheet. Traders can apply a 'stop ...

GamblerPro

The following is a close approximation to how I will increase trading volume based on Equity levels. image The screenshot of the Excel shows many important elements including: 1. smoothed out pips/month requirement of about 220 (or ~55 pips/week ...

GamblerPro

Yes good points raised here. Generally speaking it is the frequest deposits into a trading account that add to the power of compounding (withdrawing is a negative). Ofcourse, in trading where Monthly Gain in Equity can fluctuate quite alot much ...

GamblerPro

By re-investment are you referring to the same trading account ? If so, then all you are saying is that you wish to withdraw half of the gained profit every 2 months and allow the account to compound on the back of a 50% of the interval return. So ...

GamblerPro

General Goal Setting By Goal setting I am referring to a traders target Gain in Equity (% and/or $) over a certain time horizon and how this can then be broken down into smaller bite sized pieces. This approach can assist in showing traders if they ...

GamblerPro

Important Information regarding the Leaderboard Updates and TE 1. The leaderboards will be updated on a Monthly basis commencing from August 2019 with August 31 being the next major update; 2. Post 1 should be read often as this is where I update ...

GamblerPro

Post 1 lists you as a current member so all is good. Masterrmind.........

GamblerPro

Current News Released data image Masterrmind.............

GamblerPro

GJ Here is where I mentioned in an earlier post regarding a potential upper ZOE ! image Obviously I didn't take that entry due to proximity of high impact news and the high probability of a nasty whipsaw PA. Masterrmind.............

GamblerPro

GJ Closed out for a small winner. Next trade. Masterrmind...........

GamblerPro

GJ [M5] Now short 1 Lot image SL will be reined in after favorable progress. Only after a few pips depending on progress to the downside at this stage to proximity of news. Masterrmind.............

GamblerPro

GJ [M5] Price pushing up nicely. image Zone of Engagement (ZOE) via Fib Projection Channels is as per screenshot in the case of a short bias. Masterrmind............

GamblerPro