I would like to chat with you live online if you dont mind. If you have Yahoo or AIM can you PM me your screen name or something.

NipThePips road to Professionalism

Yup daily pivot points, The charts that I show come from IBFX...which is on GMT. You shold get the same analysis I get ------------------------------ And there is a cute story to why I also still use IBFX. I was eating dinner with my family ...

NipThePips road to Professionalism

****Closed Trade!!!**** 1. Trade Number 2 2. GBP/USD 3. Short 4. Closed at 1.9425 +50 5. R= 50/45 1.11 6. 2/2 trades are winners (100%) Price could not handle my first Take profit which was at the next support after entry. It played around with it ...

NipThePips road to Professionalism

The indicator below gives me great support and resistance default settings should work What I did earlier was waited for the price to break below support by like 5-10 pips. Also I made sure it was under all my EMA guages. Stochs MacD and RSI were ...

NipThePips road to Professionalism

****Modified Trade!!**** 1. Trade Number 2 2. GBP/USD 3. Stop moved to +10 4. TP: 1.9320 Since trade showed great downward movement, I modified the Takeprofit to the next support point. I also secured profits, so now I can rest easier

NipThePips road to Professionalism

****Trade Number 2!!!**** 1. Trade number 2 2. GBP/USD 3. Short 4. Entry 1.9475 5. S/L 1.9520 6. T/P 1.9420 I entered in this trade after it broke lower support after a long consilidation. It hasd support around 1.9479 and i waited for a significant ...

NipThePips road to Professionalism

My biggest draw down was only 40% of my account, but i got it all back in 2 days (not by the most respected way, but I traded it back up never the less). I had to show my family about a years worth of my personal account. But I showed them a very ...

NipThePips road to Professionalism

I only left IBFX because of thier spreads and style of broker they are. I actually like them a lot, and I still have a decent size account with them. I use them for testing and modifying my style of trading and also my carry trades. Plus with thier ...

NipThePips road to Professionalism

Yea when I had PAMM it allows you to trade one master account, and allocate the risk between all of your accounts. So you just have to trade the one master account. Unfortunately until my broker impliments PAMM all the way, I have to toggle. They ...

NipThePips road to Professionalism

I have considered LLC, but LLC does not allow business credit, and does not allow the coporation to act as a sole legal entity...correct? And I wasnt thinking S Corp, I was thinking a regular C Corp. Is there something I dont know? I want to be able ...

NipThePips road to Professionalism

Me too.

NipThePips road to Professionalism

Hedge funds are more regulations, more laws, and more responsibility. But eventually I might become a hedge fund. Its just, until I get everything settled, I am just going to continue to manage accounts. But yea, That is a goal in the future

NipThePips road to Professionalism

****Closed Trade!!!**** 1. Trade Number 1 2. GBP/USD 3. Short 4. Closed at 1.9525 +157 {o[s 5. R= 157/30 which is about 5 to 1 6. 1/1 trades are winners (100%)

NipThePips road to Professionalism

Trade number 1 — ****YAY 200th Post!!!**** Even though this trade already happened, it was my first trade of the year, and I wanted to start the journal somewhat even. In the future the post will be made as soon as I place the trade on my ...

NipThePips road to Professionalism

THANKS SO MUCH that is what i forgot to consider! The spread! LOL Thnx for all the info!

GBPJPY and EURJPY

VERY INTERESTING

looking to build aggressive MM strategy

Umm lest see Trade 40% of your account, and adjust your trade size depdning on your account size so if you have a 1k account..trade 400 dollars (or 4 mini lots) lets say you get 100 pips off of that trade you now have 1400 dollars, now on your next ...

looking to build aggressive MM strategy

I usually find 3 resistance points (or support depdning on long or short) and exit based on those (you can also used fibs) So if i go long.. at 1.9000 for 4 lots and there is resistance at 1.9010, 1.9020, and 1.9040, I sell 2 of my lots at the first ...

Exit strategies???