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Thread: 5305994 - Simple is the best.

  1. #21 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Oh!You started Nkhan2810

    Nice explanation with good Risks Managements

    Good luck out there mate!
    --------
    Myself also put some Pending Orders across a variety of Pairs.I had set up for a wide range for the day.May be go with some good ole' Scalping too if the conditions so offer.Will update in my thread soon.
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  2. #22 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Yeah, I have started trading and all my trade is under water now. Meanwhile I have moved the SL of order no. 1 and 2 to new price of 1.63999 to give it little bit more room. And also changed the TP to 1.62885 for the same orders. I know risk factor increased but I did it so that my trade can cover these fluctuations in price movements. I opened another trade of USDJPY. I hope to update it soon.

    ---------- Post added at 11:30 PM ---------- Previous post was at 01:48 PM ----------

    I am very sorry that I could not update my trade information. In the mean time I trade no. 1 and trade 2 has been closed. Trade 1 was closed with net loss of 1.52$ which is almost 3% for the initial equity and trade 2 was closed with 0.27$ which is almost 0.5% of initial balance. In the mean time I have opened a trade of USDJPY. I hope to give details of that trade in few minutes.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    goodguy333 (22-09-2014)

  4. #23 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    My 3rd order:

    Order No: 908662300
    Symbol: USDJPY
    Order Type: SELL
    Open price: 108.673
    TP: 108.030
    SL: NA
    Volume: 1

    Entry and Exit: On the M30 chart of USDJPY I found a three consecutive bearish candle with higher momentum. Which I considered a bearish trend for USDJPY. And I opened a 1 lot trade on the 4 th candle which I indicated on the chart given below. Here no SL is set and TP is set as well for exit purpose.

    Name: uj1.jpg Views: 348 Size: 349.6 KB

    Money Management: Here in this trade risk is 100% and very big possibility of getting stopped out. I set TP at relatively low level with very high profit target. I might close the trade if I see some profit or with no profit. As this trade is now with 50% floating loss. I wish price will be retraced and I would be able to get my invest back. Opening big lot trade is a big mistake here.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #24 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Order 3 of USDJPY was modified. The TP was set to 108.360 as the market was very slow. In the morning as I seen the movement is back I replace the TP again to initial target of 108.030. I am watching my trade closely now and probably I could close my trade manually if profit is reasonable.

    ---------- Post added at 01:49 PM ---------- Previous post was at 07:42 AM ----------

    I placed SL to my trade to protect my equity. I placed it at 108.639. If it hits I'll get some profit from the trade. I wish my profit will be extended though I may close my trade anytime from now. I would be happy to get above 50% profit from the trade.

    ---------- Post added at 02:25 PM ---------- Previous post was at 01:49 PM ----------

    Closed the order no 3 manually with net profit of 27.40$ which is 52.69% of initial invest. I closed the order to remove the load of big lot trade depending on my initial balance and booking handsome profit. I could have waited more but I didn't let my profit to slip. So the overall profit is now 50.28% which is so far so good. Next I'll try to open small lot trades so that I can met the requirement of 10 trades. So far 3 trades has been made I hope to do the rest in 1/2 days.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Great trading bro ........52% is really handsome and i feel now it will be really hard to catch you .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Anything if you can make it simple then it can work good for you. Complex and hard issue can make you confused and you can not get any good profit from there. So simple is good for any things. Keep your strategy and indicators very simple that is enough for you.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    nkhan2810 (23-09-2014)

  10. #27 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    I have opened 8 sell orders of USDJPY as overall trend for the pair is bearish and I need to complete 10 trades. Almost all of the trades are small ranging from 0.01 lot to 0.20 lot. I may close all the trade manually if overall profit is over 1.04$ which is 2% of my initial equity. Here I give the details of my trades.

    My trade No. 4, 5, 6, 7, 8, 9, 10 and 11

    Order No: 908737919, 908737930, 908737938, 908738029, 908738053, 908738067, 908738095, 908738347
    Symbol: USDJPY
    Order Type: SELL
    Open price: 108.389, 108.394, 108.392, 108.389, 108.390, 108.393, 108.395, 108.451
    TP: 108.280
    SL: NA
    Volume: 0.05, 0.01, 0.01, 0.01, 0.01, 0.01, 0.01, 0.20

    Entry and Exit: On the M15 chart of USDJPY I found overall trend is bearish. Though it has retraced 20/25 pips but it is going to be bearish soon as far as USDX confirm that. TP is set to for exit purpose. I didn't set any SL as I am monitoring my trade and I can do any change if required.

    Name: uj2.jpg Views: 343 Size: 415.7 KB

    Money Management: Here I opened few small and one moderate lot trade but I didn't use SL. Theoretically it is full of risk. But as I am monitoring the trade I can change anything if required. As the over all margin level was above 2500% that is why I took this liberty. I set the TP but I might close all the trade if total profit of this trades is above 2%.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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  12. #28 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    My trade No. 4, 5, 6, 7, 8, 9, 10 and 11

    Order No: 908737919, 908737930, 908737938, 908738029, 908738053, 908738067, 908738095, 908738347
    Symbol: USDJPY
    Order Type: SELL
    Open price: 108.389, 108.394, 108.392, 108.389, 108.390, 108.393, 108.395, 108.451
    TP: 108.280
    SL: NA
    Volume: 0.05, 0.01, 0.01, 0.01, 0.01, 0.01, 0.01, 0.20
    Trade No. 4, 5, 6, 7, 8, 9, 10 and 11 was closed manually with small profit as 0.21$, 0.04$, 0.04$, 0.03$, 0.03$, 0.03$, 0.03$, 1.74$. I closed this trade as to book profit and complete the contest requirement of trade number and overall lot size. Here is the overall trade history so far in this contest.

    Name: profit.jpg Views: 1343 Size: 170.1 KB

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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  14. #29 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Trade No. 4, 5, 6, 7, 8, 9, 10 and 11 was closed manually with small profit as 0.21$, 0.04$, 0.04$, 0.03$, 0.03$, 0.03$, 0.03$, 1.74$. I closed this trade as to book profit and complete the contest requirement of trade number and overall lot size. Here is the overall trade history so far in this contest.

    Click image for larger version Name: profit.jpg Views: 0 Size: 170.1 KB ID: 54986

    Just wow mate.

    You are doing rockes.

    Carry one bro.

    Hope to see you in 1st place.
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  16. #30 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Hi bro, long time not see and hereby i wish you with all the best. I am interest to see your binary option strategy here because i am not yet have any good strategy for that.
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