You go girl...

Part Time Wealth Building Trading System - Weekly Scalping

Stick with the rules as they have evolved and you will do well. Keep at it and respect the money management aspect of trading which is by far more important than any trading system... TK

Part Time Wealth Building Trading System - Daily Scalping

Start with one micro lot. Risk only 2-3% per trade. For example, if you have $5000 in your account, risk only $50 - 150 per trade which equates to 1 - 3 micro lots... TK

Part Time Wealth Building Trading System - Daily Scalping

Once you achieve the TP, you are done until the next bar... TK

Part Time Wealth Building Trading System - Daily Scalping

Want to be clear. The inital SL is 40 PIPS. Only adjust to 20 PIPs after you have achieved a 50 PIP gain with a 100 PIP TP. Or, you set a 50 PIP TP which would drastically reduce your exposure to the market... TK

Part Time Wealth Building Trading System - Daily Scalping

Initial TPs are always 100 PIPs. Would re-enter with 100 PIP TP.. TK

Part Time Wealth Building Trading System - Daily Scalping

No. I simply enter at 2400 GMT providing I have achieved the TP on the previous bar. If not, then I simply allow the trade to cross-over to the next bar and expand the TP by 50 PIPS... TK

Part Time Wealth Building Trading System - Daily Scalping

Yes. Always have a BUY and SELL entry order ready to be executed in the market using whatever trading platform. The range between the BUY price and SELL price represents a stop loss. The current BUY and SELL price using the one hour GBP/JPY chart is ...

Part Time Wealth Building Trading System - Weekly Scalping

Immediatly crosses MA...

Part Time Wealth Building Trading System - Weekly Scalping

All of my initial SLs are set to 40 PIPS. If the trade accumulates a 50 PIP profit, then adjust your stops to 20 PIPS and let it ride. I use a 100 PIP TP but you can do very well with the 50 PIP TP. For example, a 50 PIP TP per day using only 1 lot ...

Part Time Wealth Building Trading System - Daily Scalping

EAs and Backtesting Could Never Substitute This Feeling — Last nights market is a perfect example why in my opinion, all the backtesting and EAs in the world could never substitute the emotional highs and lows of actual trading. It is within ...

Part Time Wealth Building Trading System - Daily Scalping

Do not know if I understand your question but all entries would remain the same... TK

Part Time Wealth Building Trading System - Daily Scalping

It does not get much more fun than that... TK

Part Time Wealth Building Trading System - Daily Scalping

EA = Expert Advisor SAR = Stop and Reverse TP = Take Profit

Part Time Wealth Building Trading System - Daily Scalping

Whew, What A Ride... — No. I had three SLs during this bar and finally captured the 100 PIP TP on the final trade. Two of the three SLs were 20 PIPS and the third was 40 PIPS totaling 80 PIPS. Net result is up 20 PIPS. What happened last night ...

Part Time Wealth Building Trading System - Daily Scalping

That is correct... TK

Part Time Wealth Building Trading System - Daily Scalping

All candles represent market activity regardless of how thin. I use all candles... TK

Part Time Wealth Building Trading System - Daily Scalping

Entered GBP/JPY Short... — Now short GBP/JPY at 234.64 with 40 PIP SL. TK

Part Time Wealth Building Trading System - Daily Scalping

Excellent read and your are correct from a rules perspective. I am changing my entry position to SHORT. The last three bars have all been up becuase of the opening gap on Sundays bar... TK

Part Time Wealth Building Trading System - Daily Scalping

New Trend Following System Posted — I have posted a variant of my proprietary trend following system at the following locaton: url . This is a very reliable trend following system and should attract the true "Trendies" as I admit to be one ...

Part Time Wealth Building Trading System - Daily Scalping