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Weekly Performance
Month: April, 2009
Week: 17-24th day
Pips Pefromance: +736 pips
Eq. Change (week): +6.36%
Eq. Change (2009): +46.28%
kolachi
Note: Charts not available at the moment due to maintenance of the trading platform.
Hi,Here is the daily chart showing entry on daily chart as per Kolachi Method. kolachi
Please look into the chart and tell me why you have not use the entry at the 2 white arrows..
Thanks
Hi,
Please refer the arrows on your chart. The lower arrow shows a valid entry while upper is not valid as price closed too near to axis.
kolachi
Please look into the chart and tell me why you have not use the entry at the 2 white arrows..Thanks
Hi,Please refer the arrows on your chart. The lower arrow shows a valid entry while upper is not valid as price closed too near to axis. kolachi
Thank you sir
I got the point..
Regards
I'm just curious, how do you go about making up to 900+ pips a week on the 5 MIN chart just trading the beginning of london session. I'm not trying to put you down or doubt you at all kolachi. I'm asking because I want to know whether I have the right idea of how to initiate trades. Thank You.
Hi,
First of all I must make it clear that not every week I make 900+ pips. Those are the lucky weeks with a good volitility. Secondly, when a good set up is there, I leverage my position occassionally which may be 5 or 10 times my ordinary pip value. Thus my pips performance reflects equivalent pips representing my ordinary pip value.
80% per cent of my trading I use routine pip value so I measure my performance with that. Hence, if I place a 10 time bigger trade and catch 5 pips then I got 50 equivalent pips. In early posts on this thread I had explained it as far as I remember.
In my view pips do not matter much what matter is equity.
regards,
kolachi
I'm just curious, how do you go about making up to 900+ pips a week on the 5 MIN chart just trading the beginning of london session. I'm not trying to put you down or doubt you at all kolachi. I'm asking because I want to know whether I have the right idea of how to initiate trades. Thank You.
hello im new here and i hope to gain enough knowledge about trading however heres my own contribution to this forum use the 10 25 50 expo moving averages on a 15 minutes /1hr time frame when 10 crosses 25 and then 50 to the upside/downside you enter at the close of the first candle takeprofit 20pips. richpips20
Look for bounces/breakouts relative to R/S lines.
Hi,
Thanks for the suggestions. would you take time to elaborate yourself.
kolachi
Look for bounces/breakouts relative to R/S lines.
Weekly Performance
Month: April/May, 2009
Week: 24-01st day
Pips Pefromance: +786 pips
Eq. Change (week): +0.21%
Eq. Change (2009): +46.49%
kolachi