Kreslik.com - traders community since 2006

1k per pip X 4 pips per day X 5 days a week X 50 weeks makes about a million. Your looking at about 135k to 150k of margin per trade. With tight stops and small grabs of a few pips threre is lot of risk but you can manage it. For trade money managment I use a version of rob singer's bank roll mgt. h...

thanks Avery

this is one iv been missing


airball

I have a yellow sticky note on my trading screen that says "hay stupid 4% is a lot of money" the best thing about forex is that you only need one technique that you become good at trading. you can make it even if it's the old 20ma X 50ma I like the TRO buy zone it's all I trade.

airball

@mwrfsu trade the usdjpy for 4 pips net per day and stop for the night. if you do this to the 21 trading days in a mo. you will be a million dollar a year trader.

airball

lets follow the money and see who would gain the most from this. hmmm... maybe the CME? they would be the only game in town for leverage on fx futures contracts.

airball

VegasScorpion, i dont think so. Wave59 is the best software for charting this type of trading.

airball

Sir Sedgwicke wrote:For all of you currency buffs out there, check out this site if you have ever wondered what the historical exchange rates have been. For example, did you know that the pound was over $9.00 in 1864?

http://eh.net/hmit/

thanks Sedg, its a great sight.

airball

jim, you can change the start time w/ Cvax's Buy Zone indicator just open the inputs to change the start time and you can have it start when ever you want.

airball

Avery, i was playing w/ the back ground color, i use the black back ground but i like this one.

Avery this is way too easy. this was from 2:00 cst on a friday- a time frame i never trade and i was able to crank out 7 more pips. iv been trading the BZ from the start but this just makes it a lot simpler to trade. so, thank you again. im starting to feel guilty - i just wanted to say hey thanks a...