The hunt for 4 pips...
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Thread: The hunt for 4 pips...

  1. #1
    Hi all,

    I Wish to start with a Scheduled Appointment. I try to grab 4 pips every day.

    Why 4? It's because of my stop. I use a stop that's double the magnitude of this tp. I go for breakouts in the EUR/USD only. The price frequently breaks through S/R levels. I really don't care about if there'll be a new trend or not, I just search for 4 pips.

    I start with $2,000 today. I use Oanda where I have a nice spread of 0.9 pips for the Fiber.
    I utilize quite high leverage. A reduction will lead to about 2-3% of my account size.

    Regards -

  2. #2
    Today I didn't take a breakout. Price went through S1 in 1.4798. I went on the pullback to the S1. These types of trades are very, very secure.

    Position was entered at 1.47972 with 60,000 units.

    Here comes the chart:
    http://www.xaron.net/dl/fx/2008/intr...usd_050208.png

    Regards -

  3. #3
    Hello .

    It looks good.
    What kind of egy you use?
    The TP is small, but it appears safe to run.
    Good luck.
    Tordi

  4. #4
    Today everything went well.

    Ranking was entered at 1.48435 with 60,000 units. There was no slippage. Target reached within minutes.

    http://www.xaron.net/dl/fx/2008/intr...usd_040208.png

    Done for now.

    Regards -

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