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JPCfx (ECN) (By 1stECN )

The user has deleted this system.

JPCfx (ECN) Discussion

Najite Puegeren
1stECN
Sep 16 2010 at 16:09
15 posts
for the traders who execute the above trade, we have exited all at the current price by 12pm EST (NY time). And move on with the market. Tomorrow is a new day.

Attached is my own image directly from the platform. I exited with the below figures in pips:
<a href='' target='_blank'><img src=''/></a>

-15.5 pips audcad
-12.3 pips audusd
+10.1 pips nzdusd

remember, its better to take on small losses than a huge one and hanging on in the market trying to force it your way!


Najite Puegeren
1stECN
Sep 16 2010 at 16:10
15 posts
1stECN posted:
    today's trade:

SELL AUDCAD at 0.9595 SL: 1.0198 TP: 0.9573
SELL AUDUSD at 0.93389 SL 0.9938 TP: 0.9321
SELL NZDUSD at 0.72370 SL 0.7836 TP: 0.7209

might post final result here or just go directly to my report profile if I don't post it here when tp is hit.

Thanks


for the traders who execute the above trade, we have exited all at the current price by 12pm EST (NY time). And move on with the market. Tomorrow is a new day.

Attached is my own image directly from the platform. I exited with the below figures in pips:
<a href='' target='_blank'><img src=''/></a>

-15.5 pips audcad
-12.3 pips audusd
+10.1 pips nzdusd

remember, its better to take on small losses than a huge one and hanging on in the market trying to force it your way!



Najite Puegeren
1stECN
Sep 17 2010 at 06:08
15 posts
Buy audcad at 0.9668 sl: 0.9063 tp: 0.9693
Buy audusd at 0.9448 sl: 0.8846 tp: 0.9476
Buy cadjpy at 84.56 sl: 77.77 tp: 84.07

SolarFX (forexma)
Sep 17 2010 at 06:55
1332 posts
Are these stop losses for REAL?

"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Soeren (GridsForPips)
Sep 17 2010 at 07:02
205 posts
Yup, just look at history trades...

Always get cashback -
Najite Puegeren
1stECN
Sep 17 2010 at 12:04
15 posts
forexma posted:
    Are these stop losses for REAL?


correct Soeren.

yes the stop losses are real. It helps me create a large enough space to execute counter-attack orders (Bull Counter Attacks or Bears Counter Attacks) which in-turn changes and finalize a negative open order into a positive closed trades. Possibly, we will encounter these counter attacks before the end of this month.

The stop losses also serves as capital insurance should any unexpected happen. 50% of what we read in books helps you win and the other 50% helps you lose!

PS. With the proprietary strategy, there's nothing like stop loss hunting complained by most traders who use 'bucket shop' brokers.

Forex Refuge (ForexRefuge)
Sep 17 2010 at 23:33
92 posts

forexma posted:
    Stephanus, I understand your concerns and I support the critics against scammers but I don't agree with you in this case.
A person could have 5 accounts running 5 different strategies. If 4 of those accounts are in loss and the 5-th is a long term winner that doesn't make that person not credible. That's why there are different strategies and different accounts.
I think a person with myfxbook verified account, reputable broker as dbFX, CitiFX, FXCM, FxPro or else and quite large live account(a sign that the person trusts his strategy) cannot be called scammer.
As you may see this ain't some 100$ account but it was rather a 40-50k account. Scammers don't conduct experiments on 50k live account.



I quite agree with you.

One other thing i have noticed is that many traders fail to improve their skills because they always look out for loop holes in other traders result waiting for just one mistake just to discredit your abilities rather than try to bring out the positive aspect of your trades and harness it for a better result.

Success in Forex Trading is a marathon and not a sprint.
Najite Puegeren
1stECN
Sep 18 2010 at 03:45
15 posts
1stECN posted:
Buy audcad at 0.9668 sl: 0.9063 tp: 0.9693
Buy audusd at 0.9448 sl: 0.8846 tp: 0.9476
Buy cadjpy at 84.56 sl: 77.77 tp: 84.07


for those who executed the above trades, notice the pair 'audcad' hit its targer before market closing. Now we will continue with audusd and cadjpy which just actvated our bull counter attack mode. Here's what we will do to turn the remaining 2 trades into a positive one with larger profits. We will re-enter the market by 12am Monday and increase target to 0.9500 for audusd and 84.50 for cadjpy.

Summary to re-enter the market by 12am Est Monday:

Buy audusd at 0.9448 sl: 0.8846 tp: 0.9500
Buy cadjpy at 84.56 sl: 77.77 tp: 84.50

thank you.

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