In my opinion you don't want much more than 1 pip spread. You need to look for a broker with ECN accounts and then do some research on spreads on the pairs you want to trade. You will pay commission for having a tight spread but its worth it, can be ...

As simple as possible: 00 level trading

Thanks for the response smooth, green pips to you too

As simple as possible: 00 level trading

Hey Smooth, was just wondering how you are finding tokyo open and what pairs are you finding to be the best during this time? I am concentrating on Franky/London open for now because I feel that is going to be the best way to get profitable but ...

As simple as possible: 00 level trading

Just reviewing my trading log for the week, I got caught with this trade that has been discussed as well, I almost didn't take simply because the 1hr candle before had respected the 900 level basically to the exact pip. That is my take away from ...

As simple as possible: 00 level trading

Pretty sure if you read this thread from the beginning you would have an idea of at least part of the answer.

As simple as possible: 00 level trading

Great to see everyone doing so well! lots and lots of green pips for everyone. My first week trading live has been a bit of a roller coaster, started with 2 consecutive losses so was down just over 4% to begin (2% per trade + commission), then had a ...

As simple as possible: 00 level trading

Like it when the market makes a decision easy for me, no suitable levels to trade frankfurt open on my pairs :EJ,GJ,EU,GU... must await london today

As simple as possible: 00 level trading

Another EA trade out with the trailing stop, small profit. at BE for the asian session so far... No more asia trades for me today - even though I am only demo trading asia... will wait till franky/london opens to hopefully bank some real profits

As simple as possible: 00 level trading

System works, just don't expect to take every signal and for it to work. As udine often says, "pick your battles wisely". I always remind myself avoiding 1 loss is more important than taking 1 win with this system, so I am pretty careful with the ...

As simple as possible: 00 level trading

Too Right, Looks like Commodities and the aussie200 are not available to me today... broker must have them closed for the u.s holiday

As simple as possible: 00 level trading

Had a dig at EA and EJ both ended in break even, new pending orders set on the same pairs. GA AND GJ need to get some sort of direction for me before I'll set an order...

As simple as possible: 00 level trading

You can build it into your TP if you like, i.e i pay .55 pips per round lot, so my tp is usually 5.5 pips. I am recording my results so I can see if I am better of doing this or if it costs me in trades that would have been winners turning into ...

As simple as possible: 00 level trading

EJ TP Hit, from order filled to tp hit, that was the fastest 1% i ever made...

As simple as possible: 00 level trading

I am similar, I like it to be 10 pips away from the open, but if it is 8 or 9 pips and the pairs are in sync (i.e if I am looking at GBPJPY and it looks basically insync with EURJPY) and EURJPY has moved faster than GJ then I might take it, its got ...

As simple as possible: 00 level trading

Just taken care of business logging my trades, now my platform is done with

As simple as possible: 00 level trading

Euro Pairs and GBP pairs headed in opposite directions at the moment... coming couple of hours could be interesting if I am not mistaken... Made my 2% for the day so think I will observe only for the rest of the session

As simple as possible: 00 level trading

I got trailing stopped on EJ, 5.5 pip TP target to try to cover commission and it cost me there, by the spread at the time from the looks of it

As simple as possible: 00 level trading

Yes it has been mentioned in the thread before to trade pairs relevant to the open sessions, so tokyo should be looking at pairs involving AUD,NZD,JPY mainly...

As simple as possible: 00 level trading

good work Juan, I got that one as well. Up 1.8% today which is 2 winning trades and 3 break evens that cost me a little bit of commission... Now I am done, feels like its been a tough session and I have an early start in the morning unfortunately

As simple as possible: 00 level trading

Half your luck, if you have a decent profession in Australia and are making money in forex as well then we are paying upwards of 40% to almost 50% tax... to my knowledge so far (and I havent looked really deep into it yet - as I don't make money in ...

As simple as possible: 00 level trading