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pipsandkfc replied Jan 6, 2019Thank you for the input. You're right, I'm missing the fundamentals from my analysis. 1. What was the cause of the up move in the first place ? a) Consider the reasons behind the flow of money into and out of the XAGEUR market. I have began the ...
Quad Candle System
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pipsandkfc replied Jan 5, 2019I have a question about a potential trade. I mean I'm not sure on doing it but just want to ask opinion about it, if my analysis is wrong or I'm omitting something: The position would be sell at market price with a SL at around 13.95 and TP at ...
Quad Candle System
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pipsandkfc replied Jan 5, 2019Thank you for the input. Yes, I plan to apply the mentality you suggested: investor type and long term goals. I would love to add additional positions with each octive in our favour move, but I still don't have a grasp on it. I will look at your ...
Quad Candle System
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pipsandkfc replied Jan 3, 2019My account has been funded so I'm read to start the Journey. It's 899.2 EUR but I will apply the same principle of monthly funding, although with variable amounts. This video suits for the journey: video Either you forex per Masterrmind rules do, ...
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pipsandkfc replied Jan 3, 2019The spike today made me wonder about a few things. Was the cause the lack of liquidity in the market or another reasons? If it was the first reason what period would be best to avoid trading? From the thread I presume it's best to stop trading on ...
Quad Candle System
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pipsandkfc replied Jan 1, 2019How important is the win rate, it can make a whole world of difference into trading profitability... My 2019 Forex Goal: End in profit and learn to get good risk:Reward ratios for all my trades.
Quad Candle System
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pipsandkfc replied Dec 30, 2018Awesome, thank you for the input on the questions. As for trends you are right, we're only dealing with one timeframe D1 and we're just looking for better confluence on the other timeframes. A situation similar to the trendlines up and down that ...
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pipsandkfc replied Dec 29, 2018Another question comes to mind while reading various forex articles to prepare for the journey. Is it true that most of the time trend changes occur when there is fundamentals pointing in this direction and in the other cases it's just corrections? ...
Quad Candle System
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pipsandkfc replied Dec 29, 2018Got it, thank you for the input on the matter. Also I noticed that first post has been updated again with the other trading aspects: "10. Max Lot Size (per trade) and Recommended Volume Ranges: a) Max Lot Size = Equity/10000 b) Recommended Volume ...
Quad Candle System
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pipsandkfc replied Dec 28, 2018An update to post 1 has been made: "Account #2 (MT5) 1. Dream Level: DL5 (10% monthly compound rate). 2. Invested Capital (initial): US$1000 (January 7, 2019). 3. Deposit Timeline: Deposit 1 : US$1000 on Monday February 4, 2019; Deposit 2 : US$1000 ...
Quad Candle System
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pipsandkfc replied Dec 26, 2018Thank you for the input, could you please tell me why? They seem reliable? Forex.com for smaller balances acts a dealing desk but I think they're big enough to not put tricks?
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pipsandkfc replied Dec 23, 2018Awesome, the first post is already taking shape for the Journey! I think my dream level is going to be 2 and I'm being optimistic, hope I end the first year in profit
" MT5 Account #2 (Regular deposits) Account Start Date: 7 ...Quad Candle System
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pipsandkfc replied Dec 23, 2018I would like to wish everyone a Merry Christmas and a Happy New Year and thank Masterrmind for all his teachings. A good rest is recommended for everyone as we're going to embark in a hopefully legendary 10 years journey

Quad Candle System
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pipsandkfc replied Dec 17, 2018Thank you for the input. I never heard of the expression "bearish compression". Is it the triangle formed by the up trendline and resistance, or it's something different? I've looked online but I haven't found an exact definition url
Quad Candle System
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pipsandkfc replied Dec 17, 2018Thank you for the input. We have the quad formed but it's not in an extreme MML? We are in an uptrend and the AB=CD pattern shows finishing right in the upper channel trendline? A resistance would be around the ~ 1.5504 area ( didn't draw it on ...
Quad Candle System
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pipsandkfc replied Dec 16, 2018This is a secene from some cartoons I was watching as a child and I think it fits the steps of entering into a trade
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pipsandkfc replied Dec 16, 2018We should be able to survive those drawdowns if we stick to the money management plan: a maximum loss per trade under 5% including situations when there are additional positions added plus a maximum accepted drawdown of 29% as set in the thread or ...
Quad Candle System