View RSS Feed

Recent Blogs Posts

  1. How Many Pips Should We Target Per Day?

    by , 07-25-2014 at 02:40 AM
    Talking Points:

    • Targeting X amount of pips per day is unrealistic.
    • We should instead focus on diligently following our strategy.
    • Trading with an edge using limited leverage should yield a profit over time.

    About once a week I receive an email from an aspiring Forex trader telling me that part of their trading plan is collecting a consistent 10-20 pips a day from the market. Or they might just ask me flat out for a strategy that only makes 10-20 pips a day. There is ...
    Tags: pips, points, trading Add / Edit Tags
    Categories
    Uncategorized
  2. 100 Pips in Under 25 Minutes - Easy as ABCD!

    by , 06-17-2014 at 08:13 AM
    100 Pips in Under 25 Minutes - Easy as ABCD! (Forex Trading)

    You read that right... how to earn 100 pips (that’s $100 if you trade just 1 mini-lot) in just under 25 minutes! An overview of the ABCD pattern and how to use it together with Fibonacci retracements & extensions.

    Name:  gbpusd-mn1-metaquotes-software-corp-temp-file-screenshot-17757.png
Views: 371
Size:  38.3 KB

    Name:  usdjpy-h8-metaquotes-software-corp-temp-file-screenshot-30484.png
Views: 508
Size:  39.0 KB