I updated the first post with a link to a new tick chart indicator that I ended up using and the new EA that I made to help me with the trading. It’s now easier to spot where the true TP line would be and to see the up coming news and current spread.

Also attached is an example of a bad trade which still resolved in about 5hrs. This tends to…[Read more]

I updated the first post with a link to a new tick chart indicator that I ended up using and the new EA that I made to help me with the trading. It’s now easier to spot where the true TP line would be and to see the up coming news and current spread.

Also attached is an example of a bad trade which still resolved in about 5hrs. This tends to…[Read more]

Haha millions sure does get us all excited 
The numbers say its possible but its safest to cash out after small gains of 1000% instead of waiting for 10,000% gain! haha

As for the Renko charts. It’s a good idea. If you are best at telling trend with Renko, sure, use it!

You are right!

As for % per trade, I use Oanda (1:50) and I can get up to 0.43% per trade in EURUSD but if one goes for lower, then that also increases the probability of success because it increases the amount of time you have per trade due to draw down so very valid point. Also keep in mind that you don’t have to go for 2% a day. With…[Read more]

Here are all the ideal places with lower high for short entries off of the tick chart (since its short trades that I was looking for based on M15 chart)
Always wait for a good setup on M15 and then this type of setups on the tick chart to make the entry.

I’m not sure if you are still getting my point. If anyone is wrong only 0.01% of the time, it’s fine to blow up the account when that 0.01% event occurs.

The TZ EA was a different concept. This is not TZ trading. It’s very difficult for an EA to read the trend correctly, not impossible but its much easier to spend 15min a day to place 2-3…[Read more]

Here are all the trades that were taken today as an example. I enter the pull-backs in tick chart that were against the trend direction of the M15.

It’s all based on how much profit you take from a single trade. My goal is 0.40% from each trade. Here is the calculation you can do to figure out how much the final gain would be after X number of trades.

G = Percent gain in decimal (i.e. 0.40% = 0.004)
X = Number of trades
Then percent gain after X number of trades = ((1+G)^X)*100
For…[Read more]

Glad to hear Scissors! TP of 20pips is pretty high for me but if it works for you, then that’s great. The highest accuracy (probability of success) is for lower TP size. With 20pip TP, my guess is that the probability is probably at around 60% (60% recurrent) with random entry but I’m sure it can be very high if you are really good at reading the…[Read more]

As I wrote these posts, I already made 2 trades. I’ll make a few more and then I’m done for the day. The 2 trades took only about 5 minutes of me quickly glancing at the charts. I don’t think it can get any easier than this

The chance of me screwing up is 0.01% (1 / 10,000). That means if I trade a 10 Thousand times, I would fail once. Heck, I will take 1 out of a thousand. With this system, you are starting out with 1 out of 100 failures if you just blindly Buy or Sell. I’m sure you are a pretty good trader already that knows how to read the trend and can spot…[Read more]

There is no SL and the SL is a margin call. You play with the account as the stop loss. The goal is to reach the 99.99% success rate by trading with the trend. Taking 1pip TP at high volatile times for this 1pip is the easiest thing you can do. Just take a look at a tick chart. As long as you follow the rules, you will have 99.99% success…[Read more]

They are just MA lines placed on the CMP indicator. Trend is not based on just the MA lines.. its a bit difficult to explain quickly. Tomorrow I will write more about it

Good question! Let me try to answer this question with another question. If the probability of any single trade being a success is 99.99% and if you place 4 trades a day (each trade bringing 0.5% profit, for a total profit of ~2% per day), how many trades would it take for you to end up with a losing trade? Before then, how big would your…[Read more]

Good question! Let me try to answer this question with another question. If the probability of any single trade being a success is 99.99% and if you place 4 trades a day (each trade bringing 0.5% profit, for a total profit of ~2% per day), how many trades would it take for you to end up with a losing trade? Before then, how big would your…[Read more]

Good question! Let me try to answer this question with another question. If the probability of any single trade being a success is 99.99% and if you place 4 trades a day (each trade bringing 0.5% profit, for a total profit of ~2% per day), how many trades would it take for you to end up with a losing trade? Before then, how big your account…[Read more]