## THE MACRO PIP

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aliassmith
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### Re: THE MACRO PIP

MightyOne wrote:
prochargedmopar wrote:With the activity in this thread, It appears most are unwilling to let go of the MICRO pip.

You don't have to 'give up' the micro pip.

Let's say that you trade Space Wars at \$0.10/pip.

If you make 15 macros at \$0.30/pip (\$45) then you have 45 space at \$0.10/pip.

Accumulate to \$3 & 100 space and the same 15 macros is \$450.
We are not going to risk all of our labor on one trade so we either trade
2 charts at \$1.50/pip or
3 charts at \$1.00/pip (10 macros for each).

If you are only at \$3 & 60 space then you can reduce to \$2/pip for 90 space (9 macros)
or you can reduce to \$1.50 for 120 space or 12 macros...

...with the first option you would trade 2 charts with a 9 macro stop for \$2/pip &
with the second option you might trade 2 charts with a 6 macro stop for \$1.50/pip.

For as long as size can be reduced space can be multiplied & risk can be diversified;
accumulation is critical to your success.

I suppose you mean \$0.30 per macro pip. 15 macro pips
for \$4.50 space, then 45 micro pips equals \$0.10/pip.
Trade Your Way as Long as It Makes Money!

Thank you for your support.

MightyOne
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### Re: THE MACRO PIP

I suppose you mean \$0.30 per macro pip. 15 macro pips
for \$4.50 space, then 45 micro pips equals \$0.10/pip.

That is correct.

As you can tell, I don't spend a lot of time on my posts

salezyakuku
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### Re: THE MACRO PIP

MightyOne wrote:Decision Points:

00:00 to 02:40
Decide if you are going to trade the pair

08:00 is this trade working for or against me?
KEEP or LIQUIDATE?

12:00
KEEP or LIQUIDATE?

16:00
KEEP or LIQUIDATE?

21:20
Check your charts one last time.

I edited Market Sessions indicator. I added one additional period.
It works on M5, if someone need M15 then times need to be change in options:
21:20 to 21:15
02:40 to 02:45

Market Sessions.mq4
Attachments
macropip2.png (25.12 KiB) Viewed 1329 times
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

MightyOne
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### Re: THE MACRO PIP

salezyakuku wrote:
I edited Market Sessions indicator. I added one additional period.
It works on M5, if someone need M15 then times need to be change in options:
21:20 to 21:15
02:40 to 02:45

Market Sessions.mq4

Thanks salezyakuku

JanHetzer
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### Re: THE MACRO PIP

Working for me, thank you.