I said that is the usual range it bounces when it is bouncing a lot....hope you understand what i meant. Your math is incorrect, If it bounces 5 times your take profit is around 30, if it bounces 6 times your take profit is around 35. It would have ...

NipThePips' Boomerang

No it doesnt include the spread....but then again most of the time when i trade with my broker there is no spread...only comission on the trade. Learn to use limit orders to your advantage. Also, everyone spread is different, I am sure people can ...

NipThePips' Boomerang

European market open is best for the GBP pairs...when the market is moving is when this method works the best and fastest. It is not necessarily dangerous to trade during asian times...but it is real sloooooooowwwww

NipThePips' Boomerang

The usual high number of bounces would be 5 or 6...but most trades dont go over 3. I tried a method that when the Take profit increases, I increase the stop...but after about a 11 month backtest...it was less profitable than just keeping the stop at ...

NipThePips' Boomerang

Thnx for doing that...but unfortunately there is also a excel file that was coupled with the strat...also there is an excel spreadsheet embeded in the word file that you cannot see in a pdf...hence why I didnt originally convert it. Also here is ...

NipThePips' Boomerang

Hey...sorry guys — Hey guys, sorry for just kind of leaving I just came back from a near 3 week vacation in Southbeach (Miami Beach), Florida...It was long needed and I really enjoyed it...didn't want to think about trading, work or anything ...

NipThePips Journal. Small steps to Freedom.

Reserved — This is reserved for my trade I made today. I am on my way to work so do not have time to post it it was: Long GBPJPY at 234.71 at around 8:45 GMT +5 and +10 was closed at 9:15 GMT Last 1/5th was closed at +40 Account details and ...

NipThePips Journal. Small steps to Freedom.

I have been doing that for over a year lol....Its what scalping is (High Leverage/Short Profit Goal). Trust though, I always have my risk managed some way or another. Just because there is high leverage doesnt mean that my risk isnt the same: For ...

NipThePips Journal. Small steps to Freedom.

" This system uses two visible indicators: ATR Channels and StepChoppyBars v1.1," You only need to have the ATR Channels and the StepChoppyBars on your chart, the other two indicators only need to be in your indicator folder for the StepChoppyBars ...

pabloski System

That would end up being a loss, because later on down the road it eventually closes above the aqua line before going below the orange line...but think of it like this If your trade went over a 100 pips in profit before hitting your stop...would you ...

pabloski System

Here this should make it clearer And actually when the yellow bar appears you are suppose to close all trades....you would of actually been in 14 pips profit on that trade....that is if the indicator doesnt repaint itself

pabloski System

Make your picture bigger, because I think you are missing an entry... You would actually enter the trade sooner than you are thinking...on my chart, i have a red candle entry the one before that long candle... soo all three trades would of been ...

pabloski System

I believe that is the recent dip on H4 GBPJPY According to his rules, that sell would of reached the 1st take profit, and the other 2 positions would of been moved to break even so it still would of been a profitable trade.

pabloski System

"which needs to work properly StepMA v7 and StepRSI v5.2 indicators." They are there so the other indicator can work.

pabloski System

Weekly Recap (4/1-->4/6) — WEEKLY RECAP Starting Account Size: $66.48 Profit (In Pips): +104 Ending Account Size: $79.69 Percent Increase (of original investment): 65.68% Percent Increase (of weekly start amount): 19.87% Below is a graph ...

NipThePips Journal. Small steps to Freedom.

Well these past two days have been really stagnent and not much movement. Even though there were some opportunity for trades, they were not the signs I like to see and would rather wait on a definite entry. Oh well, that is how trading goes ...

NipThePips Journal. Small steps to Freedom.

4/4/2007 (Intraday Trade) — **Post will initially just include the signal, and then after the trade is done, include a full debriefing.** Trade 1: Pair: GBP/JPY Direction: Long Entry: 234.75 Stop: A close Below 234.10 on M15 (but no more than ...

NipThePips Journal. Small steps to Freedom.

Whenever I post one of my trades late, its either A. I forgot to post it when it happened or B. I simply didnt have time, because I had to go to work/sleep etc either way it goes, My trading comes first, posting my trade comes second.

What do you think of members who only share their trades way after they happened?

Well it looks like GBPJPY is continuing to rise...I was expecting that to happen, but I need to go to bed lol...oh well, like i mentioned earlier, the woes of having a life and trading...one day I should only have to do one.

NipThePips Journal. Small steps to Freedom.