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- tkimble replied Feb 14, 2007
GBP/USD Offers 160 Today So Far — The GBP/USD has offered up to 160 PIPS of profit thusfar. Those trading the GBP/USD should have hit the 100 PIP TP goal and now be flat unless you decide to let it ride... Happy Trading, TK
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 14, 2007
This is a great example of a broad deployment of this system. Covering six markets in one trading session is excellent. This result also underscores that this system can work in any market. Keep going... Happy Trading, Tkimble
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 14, 2007
My objective is to share with the hopes of improving the lifes of others. Polish your skills and this system will change your life. I can personally attest to this... Happy Trading, Tkimble
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 14, 2007
Choppy Beginning — Choppy beginning to the GBP/JPY market resulted in three SL being hit. Have caught the following trend and just cashed out with 100 PIP PT from an entry of 236.00 even which also recaptured almost all of my losses. GBP/USD ...
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 13, 2007
LOL - Sorry for the confusion. Sometimes my words are a bit confusing. I will try again. Anytime there is extended move in one direction the pressure builds to correct that move. Be it profit taking or simply covering positions, the market will ...
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 13, 2007
Both the GBP/JPY and GBP/USD daily charts using MT4 show last two days as down days. The GBP/USD was almost breakeven at 2400 GMT today... TK
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 13, 2007
Sorry if I offended anybody but I am only an average trader and cannot predict future movements. Do no want to portray anything different. Happy Trading, TK
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 13, 2007
I only show two short candles no my chart... TK
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 13, 2007
Upcoming Trades — OK. We are entering the most risky part of the week because of the previous two days of price action. I will be SHORTING the GBP/JPY in 4 minutes and staying with my current GBP/USD SHORT which is at a breakeven position. The ...
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 13, 2007
I am neither great nor as wise as I wish I were. Be that as it may, I have know idea what the market is going to do. I do not follow the hourly charts, only the daily charts. I learned long ago that nobody can predit the future consistently. I ...
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 13, 2007
My G-J chart is only showing the 12th and 13th as consecutive down days. Friday was slightly up an almost break even. I reverse positions when I the market has had three consecutive days in the same direction... TK
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 13, 2007
What is RHYTHM??? TK
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 13, 2007
No problem. This is why I am detailing and to a limited extent, forecasting my trades in an effort to mentor/coach/encourage trading activities to whatever extent it makes sense to others. As of now I am flat in the GBP/JPY market and SHORT the ...
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 13, 2007
Excellent trading. Continue to polish your skills... TK
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 13, 2007
Excellent trading. Keep building your skills... TK
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 13, 2007
Third 100 PIP GPB/JPY This Week — Took another 100 PIP gain from the GBP/JPY market. That is 300 GBP/JPY PIPs so far this week with three more days in the trading week remaining. Only one 40 PIP loss thus far. The GBP/JPY market is currently ...
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 12, 2007
This system is a trending system that relies completely on real-time price movement to signal entries and exits instead of lagging indicators. To say that the system would be untradable is simply silly. Granted, less volatile markets will produce ...
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 12, 2007
The likelihood of the open and close being the same is very slim but if it happened, I would continue in the same direction of the previous bar until the market told me otherwise. Sorry for the confusion, Tk
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 12, 2007
I am not interested in the Candle Stick trading systems and therefore do not get involved with Candle Stick techno speak. There are certainly correlations to this system and the Candle Stick approach but I do not try to predict future price ...
Part Time Wealth Building Trading System - Daily Scalping
- tkimble replied Feb 12, 2007
ReThink/Visualize Every Order 3 Times — This is very common. I have found that if I rethink and visualize the potential outcome of every order 3 times before I place the order it will reduce the likelihood of the wrong order being placed. ...
Part Time Wealth Building Trading System - Weekly Scalping