well i am sure you can turn the loosing days into winning days again....."discipline...patience...endurance"...lol

iandekoker's 5 profit target trades

oh no...what made them loosing days? What did u do wrong?

iandekoker's 5 profit target trades

so we are nearing the NFP news announcement. As usual i will stop trading now and jsut observe. I am not man enough to trade the NFP Consensus is 80 000 number. The range is 10 000 to 110 000. So if the number comes out within the range the trend ...

iandekoker's 5 profit target trades

O man that is awesome.......11 winning trades...now that is what i call beating the market.... ok lemme check out the way u do things...i am sure i can learn something from you.....i like the idea of using 50 moving average....it is good indicator... ...

iandekoker's 5 profit target trades

Hello R Thx for the compliment. Yes forex is difficult enough as it is....so decided to simply things a bit....lol when i take 5 pip profit is does not include the spread. so when i am trading eur/usd which i trade with a 2 pip spread, i need to ...

iandekoker's 5 profit target trades

and here is a 5 pips on gbp/usd

iandekoker's 5 profit target trades

here is another 5 pips made on a long trade

iandekoker's 5 profit target trades

Oromis I am assuming u are referring to this trade? The smas had crossed down. The ADX moved above 35 level. so the 2 critria have been met. The purple line is my trendline. The red candlestick upon which i based my trade had 13 pips in it. However ...

iandekoker's 5 profit target trades

here is a short trade to start the day with

iandekoker's 5 profit target trades

thank you. i took 12 trades yesterday at 5 pips per trade = 60 pips @ $100 per pip = $6 000. And that only on the first day of november....there is 29 more days left to trade...lol So i would agree that it is profitable to look for smaller profits

iandekoker's 5 profit target trades

yes a few people seem to have a problem with 1:4 risk/reward. But if you look closely you can see there is often more than 5 pips profit to be taken.

iandekoker's 5 profit target trades

The blue vertical line is just my way of showing where the trade took place. In almost all cases i wait for the SMA to cross over first. I like the candlestick to close to confirm the cross. Then i wait for the ADX to rise above the 35 level. As ...

iandekoker's 5 profit target trades

here is a long trade on gbp/usd

iandekoker's 5 profit target trades

here is a long trade on eur/usd for a quick 5 pips

iandekoker's 5 profit target trades

here is a short trade on eur/usd

iandekoker's 5 profit target trades

May i suggest you sign up for AutoChartist. I know it is a free service on InterbankFX for live account holders. It gives you the most awesome chart formations. I have my setting on daily, 4hr and 15 mins timeframes.

CHART Reading for serious traders

Here might be another Head and Shoulders developing on gbp/jpy....let's so how this one plays out....

CHART Reading for serious traders

image Look at how nicely this inverse head and shoulder played out this week....

CHART Reading for serious traders

here is a quick 5 pips short

iandekoker's 5 profit target trades

and here is a short trade followed a few minutes later by a long trade on gbp/usd also see how the price respected the 38% fib level and then shot up. So you could have made more than 5 pips on this trade if you entered once the pin bar was broken ...

iandekoker's 5 profit target trades