- Search Metals Mine
-
pearsonfx replied Feb 24, 2008Hello, It's all part of my strategy, my strategy is not as easy as a moving average crossover, but more of a variety of things, while looking at multiple timeframes on each. I have 1 main method that I use, and I have posted a chart of that method ...
PearsonFX Trades
-
pearsonfx replied Feb 24, 2008Hi Karmo, That's supposed to be LONG, obviously...the order would not have been able to have been sent to the server with a T/P higher than the entry if it was a SHORT trade. I caught that last week shortly after I had posted it as a trade, and I ...
PearsonFX Trades
-
pearsonfx replied Feb 24, 2008LONG at 210.91 - T/P-212.31 (2 lots) - CLOSED at 211.21 - Market Price +60 pips (+30 pips x2 lots) LONG at 210.30 - T/P-212.31 (2 lots) - CLOSED at 211.22 - Market Price +184 pips (+92 pips x2 lots) Results: Trades Taken: 40 Winning Trades: 39 ...
PearsonFX Trades
-
pearsonfx replied Feb 24, 2008Active Orders: SHORT at 1.4840 - T/P - 1.4760 (EUR/USD) SHORT at 1.9680 - T/P - 1.9530 (GBP/USD) SHORT AT 1.9666 - T/P - 1.9530 (GBP/USD) (4 lots) SHORT at 1.9634 - T/P - 1.9530 (GBP/USD) (4 lots) SHORT at 1.9613 - T/P - 1.9530 (GBP/USD) (4 lots) ...
PearsonFX Trades
-
pearsonfx replied Feb 24, 2008LONG at 106.88 - T/P - 107.63 (USD/JPY) - CLOSED at 107.24 - Market Price +36 pips Results: Trades Taken: 38 Winning Trades: 37 Losing Trades: 1 Total Profit in Pips: +4772 pips Win Percentage: 97.37%
PearsonFX Trades
-
pearsonfx replied Feb 24, 2008Active Orders: LONG at 106.88 - T/P - 107.63 (USD/JPY) - CLOSED at 107.24 - Market Price SHORT at 1.4840 - T/P - 1.4760 (EUR/USD) SHORT at 1.9680 - T/P - 1.9530 (GBP/USD) SHORT AT 1.9666 - T/P - 1.9530 (GBP/USD) (4 lots) SHORT at 1.9634 - T/P - ...
PearsonFX Trades
-
pearsonfx replied Feb 24, 2008Good Afternoon from the midwest of the states... I hope everyone had a good weekend and is looking forward to another good week of trading. My broker, Interbankfx, is opening for trading in about 50 minutes. This is what I am preparing to do. ...
PearsonFX Trades
-
pearsonfx replied Feb 24, 2008Yes, Here is a graph of what I mean by effective hedging. This is a graph of the 4 hour, Eur/Jpy charts around mid to late January of this year. Please note that in this chart I am not posting any indicators because the indicators and strategy are ...
The reason why 95% of new traders consistantly lose money
-
pearsonfx replied Feb 24, 2008Hi David, Hedging as I explained above wont do anything for your account equity on the first hedge....it comes with hedging multiple times while waiting for your original trade to come into profit that you make a lot of pips. I explained the gist of ...
The reason why 95% of new traders consistantly lose money
-
pearsonfx replied Feb 24, 2008You are asking for failure.... what you are looking for it a sort of hedged grid EA... Let me explain by showing you your original example... 1.6120 - sell limit 1.6110 - sell limit 1.6100 - current price 1.6090 - buy limit 1.6080 - buy limit this ...
LIMIT ORDERS EA
-
pearsonfx replied Feb 24, 2008The Max DD that I experience in my account is 10%. The Max that Steviet allows for is 10% as well. In relation to steviet's method I believe he just answered this question on his thread with someone else. He explained that he uses a 1000 pip stop ...
The reason why 95% of new traders consistantly lose money
-
pearsonfx replied Feb 23, 2008FXTitan, I would just like to say that I agree with you on your original post. I have almost a 100% win ratio on my trades since I began my new method of trading. I invoke the power of hedging into my system. In response to Hanover, I want to say ...
The reason why 95% of new traders consistantly lose money
-
pearsonfx replied Feb 22, 2008like you said 1 lot = 10,000....or 1 lot = $1.00 per pip. I suggest you sell GBP/USD using 1.50 lots I suggest you buy GBP/JPY using .90 lots Zack
PearsonFX Trades
-
pearsonfx replied Feb 22, 2008Ed, you are in luck, I have no intention of disappearing, my goal is precisely this, to help other traders succeed. sometimes I take a little while to respond, but thats because I have lots of people asking me questions. In addition to that, I need ...
PearsonFX Trades
-
pearsonfx replied Feb 22, 2008Ok, good to know. This is how I calculate how much I trade. I take my account balance multiply it by .0001 and this determines the lot size that I trade. So for example you have $3000.00 in your account. 3000 x .0001 = .30 lots At first glance, you ...
PearsonFX Trades
-
pearsonfx replied Feb 22, 2008Hi Ed, First you have a mini account I see. Are you able to trade micro lots, or lot sizes such as .01 mini lots, equivalent to 1 cent per pip, or in terms of 1 lot = 10,000.....are you able to trade .01 = 100? Thanks for looking at the thread, Zack
PearsonFX Trades
-
pearsonfx replied Feb 22, 2008Active Orders: SHORT at 106.88 - T/P - 107.63 (USD/JPY) SHORT at 1.4840 - T/P - 1.4760 (EUR/USD) SHORT at 1.9680 - T/P - 1.9530 (GBP/USD) SHORT AT 1.9666 - T/P - 1.9530 (GBP/USD) (4 lots) SHORT at 1.9634 - T/P - 1.9530 (GBP/USD) (4 lots) SHORT at ...
PearsonFX Trades
-
pearsonfx replied Feb 22, 2008Active Orders: SHORT at 106.88 - T/P - 107.63 (USD/JPY) - Position Added Market Price SHORT at 1.4840 - T/P - 1.4760 (EUR/USD) SHORT at 1.9680 - T/P - 1.9530 (GBP/USD) SHORT AT 1.9666 - T/P - 1.9530 (GBP/USD) (4 lots) SHORT at 1.9634 - T/P - 1.9530 ...
PearsonFX Trades
-
pearsonfx replied Feb 22, 2008Active Orders: SHORT at 1.4840 - T/P - 1.4760 (EUR/USD) - Position Added Market Price SHORT at 1.9680 - T/P - 1.9530 (GBP/USD) SHORT AT 1.9666 - T/P - 1.9530 (GBP/USD) (4 lots) SHORT at 1.9634 - T/P - 1.9530 (GBP/USD) (4 lots) SHORT at 1.9613 - T/P ...
PearsonFX Trades
-
pearsonfx replied Feb 22, 2008SHORT at 211.13 - T/P-TBA (5 lots) - CLOSED at 210.71 Market Price +210 pips (+42 pips x5 lots) Results: Trades Taken: 37 Winning Trades: 36 Losing Trades: 1 Total Profit in Pips: +4736 pips Win Percentage: 97.30%
PearsonFX Trades