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Make Money On Forex Updated Daily

Discussion in 'Making Money' started by faisalali22, Oct 29, 2014.

  1. faisalali22

    faisalali22 Newbie

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    Hi,


    Thank you for opening this thread about 50 pips a day on EUR/USD. My system is a simple method, which produces 50, pips a day, trades are taken just before UK open so anytime between 7am to 8am UK time mostly around the 7.40am. My method uses pivots and S.R lines with historical data. I look at FF daily for the economic news and keep in mind what happened previously when the same news was out. I have had great success with this strategy winning 4/5 trades a week. Most importantly I have been able to trade every single week without blowing my account through my money management which I can help anyone with feel free to contact me on skype faz_999 about money management or even how my system works. My trades use a “set and forget” approach with take profit of 50 pips and stop loss of 40 pips. This is the ideal trading method for anyone working 9-5 every day =)


    I will be posting every morning on this thread my entry points on EUR/USD with my results. I hope you guys will follow and watch my account grow over the weeks.


    Thank You








    Feel free to ask me any questions on skype as I would like to keep this thread about the performance of my account.


    Wednesday 29th October: £200 starting balance
     
    • Thanks Thanks x 1
  2. peepin2me

    peepin2me Regular Member

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    Following...good luck on your journey
     
  3. lobo13

    lobo13 Regular Member

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    Lets see how it goes good luck on your journey...
     
  4. kaylanewett

    kaylanewett Power Member

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    Good luck on your journey! Forex is always an interesting adventure
     
  5. faisalali22

    faisalali22 Newbie

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    thanks everyone
     
  6. lpngern

    lpngern Registered Member

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    awesome! subscribed :)
     
  7. faisalali22

    faisalali22 Newbie

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    If anyone is following me please take on demo or use small amount as you cannot predict the market i only do 0.50-£1 a pip if i lose i only lose £20-£40 which is a small loss
     
  8. Commoner

    Commoner Power Member

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    Hey Faisali, 0.5$ is about 0.05pips right, thanks and following
     
  9. krishnacode360

    krishnacode360 Power Member

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    nice thread. I will be following it regularly. shooting u a message on skype
     
  10. faisalali22

    faisalali22 Newbie

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    ,
    If the pair reaches 1.2560 level I will take a SELL position (short) for 50 pips TP with a 40 pips SL


    If the pair reaches 1.2625 level I will take a BUY position (long) for 50 pips TP with a 40 pips SL

    Pending order style:
    SELL at 1.2560 TP: 1.2510 SL: 1.2600
    BUY at 1.2625 TP: 1.2675 SL: 1.2585


    !

    Taken 0.80 per pip
     
  11. faisalali22

    faisalali22 Newbie

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    Update 30th October 2014 Unfortunetly it reached 20 pips before kissing my stop loss loss £30 balance now £170 slow day tomorrow lets hope 50 pips will hit tomorrow so far 3 wins one losses this week
     
    Last edited: Oct 30, 2014
  12. faisalali22

    faisalali22 Newbie

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    Buy On EU
    My today's trade levels:


    Entry: 1.2567
    TP: 1.2642
    SL: 1.2522

    Good Luck Like Always TP 50 pops Stop loss 40 pis
     
  13. extreme90

    extreme90 Jr. VIP Jr. VIP

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    Good luck, subscribed to your journey! :)
     
  14. LisaHamilton

    LisaHamilton Regular Member

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    I tried it once, but Failed, so I am not going to waist my money any more... writing is my best skills and I am using it to make money online.
     
  15. troparzum

    troparzum Newbie

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    Trading is one of the Hardest jobs in the world! when u dont have a perfect mindset and a really nice strategy u will lost much money in the long term.
     
  16. faisalali22

    faisalali22 Newbie

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    Update for yesterday trade another loss of £35 balance £135 this week 3 wins and 2 losses
     
  17. faisalali22

    faisalali22 Newbie

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    My today's trade levels:


    Entry: 1.2500
    TP: 1.2450
    SL: 1.2550
     
  18. deciphers

    deciphers BANNED BANNED

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    Wow great amount of money. Any screenshots ?
     
  19. stharthjw6j

    stharthjw6j BANNED BANNED

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    Is this system gap trading or something else?
     
  20. faisalali22

    faisalali22 Newbie

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    Hi deciphers sorry its private dont want to share it hope you understand hi whatrar its bases on price action