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THE BEST INDICATOR FOR 15 PIPS TRADES


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THE BEST INDICATOR FOR 15 PIPS TRADES

  #21 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

hehe what's the problem ? u make 100 to 200 pips a week, just double your trade size and you have just optimised ur account !..


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  #22 (permalink)
 
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 MWinfrey 
Lubbock TX
 
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MetalTrade View Post
hehe what's the problem ? u make 100 to 200 pips a week, just double your trade size and you have just optimised ur account !..


profound metal...simply profound.

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  #23 (permalink)
 nirajkrishna 
McKinney, TX
 
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MetalTrade View Post
hehe what's the problem ? u make 100 to 200 pips a week, just double your trade size and you have just optimised ur account !..



SIZE KILLS I LEARNED THAT THE HARD WAY.

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  #24 (permalink)
 
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 MWinfrey 
Lubbock TX
 
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i thought there was a country and western song that said Size doesn't matter.

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  #25 (permalink)
 
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 Dragon 
Bellingham, WA
 
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Nira,
My favorite thread right now on futures.io (formerly BMT) is Jeff's CCI thread. Do a search for it in the blue bar above. If you like using moving averages, you might like Jeff's moving average/Bolinger Band combo of Electronic Local and Dr. Bob's trading methods with the CCI.

There are so many threads here though. Have a look around and stay awhile .

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  #26 (permalink)
 Eric j 
NY
 
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nirajkrishna View Post
i am looking for the best indicator which can give me fast 15 to 30 pips on FX. I mainly trading AudUSd and looking to make like 4 to 10 trades per day(trading day for me is like 14 hrs from Europe open to US close). Which indicator could help me on this target you believe? Regarding timeframes i use 130 tick charts 1 and 5 min and 4 tick meidan renko. Any help would be appreciated. thx in advance!

I see your question differently . Perhaps what you seek is a way to make a few high potential entries and exit before the move collapses . If so maybe most momentum oscillators you already have will do the job but its the context you need to seek , not the indis . One suggestion I bet most people here would agree with is to focus on the first retracement going in the direction of a new trend . 1. price makes a new high ( or low ) 2. price retraces down to x ( support,pivot,whatever) 3. heres where your momentum indi comes in telling you to enter long (AND exit) .
If you focus on the structure/context you then are stacking the odds in your favor . By focussing only on the 1st push in a new direction you are again stacking the odds in your favor .

For ideas google Linda Rashke and or "first cross" method and dont give her any money .

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Last Updated on October 29, 2010


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