Natural Market Entry - Weekly Chart Merged With Natural Entry System — Just an additional thought. The Daily Scalping system is what I refer to as a "Natural Market Entry" system. On any given trade, you have a 50% chance of being profitable ...

Part Time Wealth Building Trading System - Daily Scalping

No. I used Monday, Tuesday and Wednesday as an example. Can be any three day trend... Tkimble

Part Time Wealth Building Trading System - Daily Scalping

Ah. Thank you. Do not understand why people speak in such cryptic terms. I like things very simple. But, while we are on the subject did you know that those under sea cables were actually tapped by American submarines during WWII and I am sure today ...

Part Time Wealth Building Trading System - Daily Scalping

Pardon my ignorance but I do not know what cable is? I use FXCM for all my trades with the assumption that Cable is an equivalent trading platform... Tkimble

Part Time Wealth Building Trading System - Daily Scalping

I risk 2 - 3% on every trade. My trading has placed me in the comfortable postion to know that over time, I will recoup my losses and extend my profits. You need to get to this level of confidence with whatever system you choose to trade. I would ...

Part Time Wealth Building Trading System - Weekly Scalping

Well Said — From my perspective, one month of paper trading is more valuable then all the back testing in the world. Happy Trading, Tkimble

Part Time Wealth Building Trading System - Daily Scalping

No. I very seldom backtest, only paper trade new systems. I do not publish my results. Make it your own experience... Tkimble

Part Time Wealth Building Trading System - Daily Scalping

This system works in all markets but results will differ according to market volatility...

Part Time Wealth Building Trading System - Daily Scalping

Daily Trading System Now Posted — I have posted my daily trading system at: url Happy Trading, Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

Consistency builds confidence. Stick with the rules and you will do very well... Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

The daily system is nothing more than an extension of the weekly system. The biggest difference is the use of a daily chart instead of a weekly chart and tighter entry points... Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

In my mind it is always important to adapt a system to your personal trading preferences. If what you have proposed works for you, go for it. There is no such thing as "Right" and "Wrong" in trading systems. Only what works for you... Happy Trading, ...

Part Time Wealth Building Trading System - Weekly Scalping

Retail Sales Report Tomorrow at 930 EST - Market Anticipates Report — I added a post to this thread earlier regarding the markets knack for anticipating high impact reports. Tomorrow morning at 930 EST is the Retail Sales Report. Watch the ...

Part Time Wealth Building Trading System - Weekly Scalping

I agree but you must have the time, particularly in the beginning of the week to stay on top of the market and monitor each and every move until the trend is established which normally occurs about 1 - 2 days into the week. Happy Trading, Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

Astute Observation — This is a very astute observation. You have to be quite agile to manage more than two or three pairs. It is far easier to manage one pair. Besides, do not forget to include the money management spreadsheet that I have ...

Part Time Wealth Building Trading System - Weekly Scalping

Yes. Sunday close and Monday open would be the same. All times are EST. Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

It does take some time to get use to the reduction in PIPS from time to time. But remember, following the system is what enabled you to increase your PIP count to the point where a 100 pip reduction will still result in a profit. Aslo rest assure ...

Part Time Wealth Building Trading System - Weekly Scalping

Your quote is the essence of profit maximization. Some are comfortable using profit targets and others prefer to let it ride. The old adage of "you cannot go broke takinig profits" is so true. The idea with this system is to enjoy profits beyond ...

Part Time Wealth Building Trading System - Weekly Scalping

Wonderful Mystery — I am glad to see that others are applying great thinking and profiting from this system. I believe that simplicity is the key to all things in life. Not trying to pontificate but everything created by humans can likewise be ...

Part Time Wealth Building Trading System - Weekly Scalping