Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

[simpleforex]

possible setup happening on nzdjpy as well...

[simpleforex]

I might jump in on this one with a 2nd order if it hits the trendline and gives me a good reversal signal...this is on the 1hr TF

[simpleforex]

this is a good short setup happening right now...notice the slowing upward momentum with are red candle formation that hasnt crossed the tl to the upsisde.

Im not going to take all these trades...2 or 3 will do for me, but this is just to show you so that these kinds of setups occur everyday.

Easy...

[Azim166]

http://azimforextrader.mt4stats.com/

260 USD in profit on a 200 USD account in 2 weeks is impressive, but in violation of rules

1. You initiated multiple contracts on 2 currencies at the same time, trade lasted 2 weeks.
Mostly everything moves in tandem here and if you win on one pair you win on both pairs and the other way around

2. You basically won one setup, and the trade was a long term trade diversified with many contract. That is the right way to trade according to my preferences

3. But you made 130% profit on basically on trade. That is too much according to rules. You may have used tight SL (not good), for sure you account was very undercapitalized and your trade overleveraged (a sure path to disaster)

With proper capitalization you more likely made 30% in 2 weeks because everything went in right direction. With P(win) of 70% that may be normalized to 30% * 0.7 - 30% * 0.3 = 21 - 9 = 12%, with P(win) of 55% to 3%.

I'm using small lot and I've practiced a lot so I know how my system works =)

By the way, It's not USD60 in profit but USD268.. USD200 become USD468

[il brigante]

Two days ago I got stopped out on eurjpy and eurusd going long.

Yesterday I went long nzdusd, audusd and audjpy, gained my risk and moved my SL to BE.

Simpleforex, excellent trades on euraud.

[il brigante]

audusd long

[il brigante]

audjpy long

[Azim166]

Undercapitalisation

If you have someone in family your really don't like, a propose this "present"

- Open an standard account with 1 USD per pips as minimum lotsize, and put USD 1000 on this account
or
- Open an mini account with 0.1 USD per pips as minimum lotsize, and put USD 100 on this account

In both cases minimum leverage will be about 14000/1000 = 14
When account has dimished by 50% minimum leverage will be 28

Enjoy his trading , and afterwards tell his friends about his "trading talent"
You need a reason for being that sadistic of course.

?

[simpleforex]

couple of losing trades yesteraday...

[simpleforex]

got stopped out on usdjpy as well.