You need to perfect your own strategy first because that's the hardest part of trading and nobody can do it for you.

My chart is always clean because I do not pick trade on time frame I love trading raw price action and scalp in and out of the market and that's why I am using Renko Live Chart (Offline chart)

pipmaster77: I want to reveal how I overcame my trading crisis in the early days may be it will help those traders here who are still fighting for survival in the market because I see a lot of traders asking for strategy and indicators. I do seek for new things in this business too but almost of the so call new things are not new they are just of old. The best strategy and indicator is YOU and I love listening to traders who I perceived they are doing well than me but not because I not doing well but to learn one or two things.

I used this same style of trading in August 2008 to turn $1200 into $6k in just one month.

I trade only one pair in multiple time frame (15, 30, 60, 240, 1day). I will check long time frame and pick my entry on 15 or 30min chart.

I have a target of 50pips per week and I use leverage of 20:1 to trade while my broker leverage remain 400:1. It is easy to achieve 50pips in a week and this will reduce a lot of stress from you trying to make 1000pips in a month. There is no week I have not met my target even beyond. New traders let me tell you if you are not successful trading only one pair you can not be successful trading two or three. When you mastered price action risk and reward ratio will not mean much to you.

The amount of pips you made in a month does not matter to you or to you broker but the value of the pips. One trader can be making 1000pips per week and another 100pips but still be successful that the other guy.

Let's say you have $500 in your trading account, going by my style you should be trading 20:1 (0.1) mini lot and 50pips will give you 10% of your account in a week and in a month 40-50% and by the end of 12months you should have $55k plus in your account assuming you will not withdraw any fund.

You can start at low leverage of 10:1 to increase your confidence and later move to 20:1 but do not ask your broker to reduce you account leverage ooo so that you can withstand pressure from the market.

If I see who is interested I may post the excel sheet to show you how you can easily grow your account without stress.



How do we indicate interest sir, anyway go ahead n show me (n other interested folks). tanx

odiaero: Are we there yet? now all profits locked

tonjoan:

I understand bro. About trend changing, I used to hear in my early forex years that trend changes from smaller time frames but truth is that is not true. trends actually change on the big time frames. What the small tfs do most times is retrace on their immediate bigger tf.

tonjoan: gu is doing so much shakara and piling up buyers along the way only to sprint off later and raise dust in their eyes.

nolly042: anyone thinking of buying gu and eu today is sitting on the long thing o. there are so many hanging mans on the 1 hr tf around a major support. ie for gu.