WOW. Funny thing, I never think of the markets in this way becuase my timeslice is week to week. If I make money everyweek, of course I am happy. Great work and thanks. Maybe I should copyright and start selling? What do you think? Lets see, based ...

Part Time Wealth Building Trading System - Weekly Scalping

This is a great sentiment and a sign that you are truly beginning to experience the calm and tranquil approach to trading. It is not fun to spend the whole trading experience with your hair on fire. Happy Trading, TK

Part Time Wealth Building Trading System - Weekly Scalping

The only thing typical about any week is that you should make a profit. Not all weeks, but most... TK

Part Time Wealth Building Trading System - Daily Scalping

Yes. You are correct. Instant entry based upon previous days close. Only exception is if the three previous days have all trended in the same direction, then you reverse direction on the daily system... Happy Trading, TK

Part Time Wealth Building Trading System - Weekly Scalping

[quote=howard;210072] I am assuming that the SAR50 means stop and reverse. On the daily and weekly system, I use no mathematical indicators because I like the simplicity. I simply follow the previous trends as indicated by the daily/weekly price ...

Part Time Wealth Building Trading System - Daily Scalping

Daily System Rebounds Nicely — Have generate approximately 375 PIPS in the last three days using the daily scalping system in the GBP/JPY market. This is a nice rebound and recapture from losses sustained during last weeks choppy markets. Hope ...

Part Time Wealth Building Trading System - Daily Scalping

Tremendous Effort — WOW. Tremendous effort on your behalf. Much appreciated... TK

Part Time Wealth Building Trading System - Daily Scalping

200 Pips Per Day Available — The GBP/JPY market commonly offers two hundred plus daily PIPS. If you can manage to get only half or 100 of the PIPS daily, you will be doing very well. My personal goal is only 50 PIPs. The daily scalping system ...

Part Time Wealth Building Trading System - Daily Scalping

Understand. Make the system work for you... TK

Part Time Wealth Building Trading System - Daily Scalping

Correct...

Part Time Wealth Building Trading System - Weekly Scalping

hi, this is post #353 after this post I and many others agreed to start trying this settings, although it was created for GBP/JPY, following this post there were several opinions that concur with the concept of 100 pips straddle can be improved for ...

Part Time Wealth Building Trading System - Weekly Scalping

This is another great example of adapting the system to your trading style. Do what works for you... TK

Part Time Wealth Building Trading System - Weekly Scalping

The Wealth Gauge — The purpose of the following PIP Profit thresholds is for you to gauge your weekly income requirments: Weekly PIPs Financial Comfort 50 Very comfortable 100 Extremely comfortable 150 Care Free 200 Bill Gates plays second ...

Part Time Wealth Building Trading System - Weekly Scalping

Good point. The system is designed so as to not burden you with thinking about the trends. This is a 100% mechanical system. Simply follow the direction from the previous bar as specified in the original rules and set your SLs and entry positions. ...

Part Time Wealth Building Trading System - Daily Scalping

Excellent Trading — The system has regained market alignment this week and hopefully will continue to attract the PIPS. Great trading and system following. I cannot think of any way to simplify the system accept to make it automatic but that ...

Part Time Wealth Building Trading System - Daily Scalping

Yes...

Part Time Wealth Building Trading System - Weekly Scalping

More Volatile Markets May Require Broader SLs — Great question. More volatile markets may require broader Stop Loss (SLs). I have been experimenting with broader SLs for the markets I trade with good results thusfar. I am currently using the ...

Part Time Wealth Building Trading System - Daily Scalping

I like the idea...

Part Time Wealth Building Trading System - Weekly Scalping

Monitoring Dialogue — This week, while not still over, has been challenging. If you can successfully trade through this week without major losses, you have mastered the money management portion and endured some challenging trading. This thread ...

Part Time Wealth Building Trading System - Weekly Scalping

I use the same stops for both... Tkimble

Part Time Wealth Building Trading System - Daily Scalping