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psaini1973

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Posts posted by psaini1973

  1. Has someone experiencing a good way trade on GU? After Res 1 was broken, the price climb for 41 pips....

     

    This a good example of resistance break.. after breaking the resistance then came the buy arrow.. i am not trading GU now a days, but if this trade was EU then i surely would have taken it ...

     

    Ill think of trading GU... i am already trading 3 pair simultaneously , so the trading 4th pair at a single time the risk would be unbearable i suppose..

  2. Thanks for the tips and quick replay....If u don't mind could you tell me what is ur leverage....Thanks again

     

    I have well funded a/c so i dont use the full leverage.. i can have my leverage up to at any time 1:500.. pls remember high leverage is a double edged sword. it can kill any type of a/c in no time.

     

    i wouldnt recommend any body to use high leverage without proper guidance and knowledge

  3. @roels major. the sell in EU 5 min tf was given b4 the london open so i will not trade it. if i have to trade i will look 4 a fresh signal in 15 min tf (sell trade).. approx one hour from now eu news is coming, so i think i will wait 4 it... i m not trading GU so i will not take its news in to consideration if i get a chance to enter a trade.

     

    For buy in EU it will have to break R1 reasonably well to trade it ... along with a buy signal in EU 5 min tf

  4. Thanks for sharing pivot psaini1973

    sorry to bother you but is it good for the trader from India ( 2 Hrs ahead of GMT ) ? I do not have knowledge about pivot time setting so I am asking you.

     

     

    My broker is Gmt +2 hrs so the pivots will b accordingly. ( india is GMT + 5:30 hrs, dont bother about it, pivots are always according to broker time, they r not related to ones local timings)

  5. Soundfx hey man u r great, i have never come across such a helping, down to earth person in my whole life, i salute you for all ur hard work u have done to make this system a world class...

     

    Wat a fantastic presentation u have made of my trades... too good to believe. even i couldnt have done this much better.. all things in a proper manner and a sequence ..

     

    It must have taken days to build this presentation.. so kind of u ....

     

    Thank You Soundfx

  6. hello psaini, could you please explain how can you got 300 pip in about 20 minutes on eu?

     

    what kind of account you're using?

     

    sorry if this ****** questions, i only using mini acc and dont know about other

     

     

    First of all i made $ 300 and not 300 pips... wish if that was true,

     

    Its a live account but funded with good amount of money so my spreads are low.

     

    Now coming to how i took the trade... there are some rules i made 4 myself . cant tell again here, u will have to read few posts... basic thing is i got a signal in EU and UC in 5 Min TF. EU broke the R1, waited patiently to confirm that the breach was good n real not a fake.. after the confirmation entered trade in 3 pairs, these are the basic things in trading which i follow.. thanks

     

    @ Piphore Good trades frnd, keep it up

  7. Thanks psaini 1973

     

    No I am not based in India But I can convert India times to my local time

     

    RE EurJpy what time do u trade this pair London Open Or after Japan Close

     

    Thanks

     

     

    EUR/JPY is a highly volatile pair so i trade it 90% of the times after the close of Japanese mkt. Pls also make sure its in positive correlation with E/U otherwise it will wipe out all the profit in no time... Your trigger pair for entry and exit shld be EUR/USD not EUR/JPY

  8. @ Vikram88 i think u r in India. so here are the local timings in IST of the following mkt

     

    JAPAN Open 04:30 Am Close 01:30 PM

     

    European Open 11:30 AM Close London close

     

    London Open 12:30 PM close 09:30 PM ( From 30 Oct 2011 London will start at 01:30 PM and close at 10:30 PM DST will end)

     

    USA Open 05:30 PM Close 02:30 AM ( From 6 NOV 2011 USA will start at 06:30 PM and close at 03:30 PM DST will end)

     

    @ Raven Hello Frnd i have already described in details many times about my trading style and ideas , i suppose u will have to read a few posts

     

    Yes i do wait 4 recent highs and the lows . daily highs n lows.. yesterday high n lows, pivot points.. i mean all basic things which we all use in our daily trading... thanks

  9. @ psaini1973:

     

    I have two questions if you don't mind.

     

    What is the reason/logic for you to usually act on m15 and than sometimes on m5?

     

    Do you use (momentum) indicators for timing the entry and exit, or is everything youre looking at

    displayed in the screenshot?

     

    Thank you in advance.

    Regards,

     

    Ikke

     

    Hello Ikke.. i am using 5 Min TF 4 my trading... My favorite TF used to be 15 Min. but since from the last month or so mkt are in range so i thot that i shld trade soundfx pip accumulator with 5 min TF so as to catch easy and fast 15-20 pips... Now it has bcom a very imp part of my trading...

     

    I sometimes trade 15 Min TF as i have no signal in 5 Min TF or i feel that current trend will continue so its better to trade following 15 min TF... i dont trade beyond these two TF.. as i am trading multiple pairs at a given point of time so i have to be on my toes to enter or exit a trade.

     

    i am only n only using soundfx pip accumulator and pivot points in my trading... i like 2 keep my trading as simple as i can ..

     

    Thanks

  10. Hello Frnds.. Good start of the week . Just made $ 1029..

     

    Today i had some imp. work so couldnt trade the London open.. when i came back couldnt spot a oppurtrunity.. so i was itching to trade.. so just traded eur/gbp which was in loss.. :)) After that spotted few opportunities, kept my greed in control and made my day... check it out... :)

     

    http://i54.tinypic.com/wc0ad1.gif

     

     

    http://i54.tinypic.com/wc0ad1.gif

  11. Good Going psaini1973 & abdul73, chah gaye ho cheeto good going, Abdul yarr couldn't get your method properly bahi, Psaini1973 you are very active bro keep rocking, my wishes are with you guys, per mujhay bhi samjhao na sab :o.

     

    Hi red bull... welcome yaar... mujhe pata nahi tha ki aap bhi indian ho . tarrif ke liye dhanyavaad... aasan sa system hai... mai aap ko sab bata dunga... thanks

  12. can you please post the settings? i haven't found them inside this thread :-(

    would be very nice :-)

     

    This is wat abdul wrote it down:

     

    when u open indicator input first change TF normally i am using 30m chart and 4h bcoz of pip accumulator i am using 5m chart but raitis indi i am using 30m with smooth setting 2 and 5 and than 1h with smooth setting 2 and 5 so basically 4 raitis indi i am using it and smooth phase i didnt touch it may be in the future i have to check it and let u know guys

    today was very bad for me

    i was up almost $1350 with EU but i lost my connection phone is down i cant do any thing i put my TP and SL but than i keep changing and one time i removed both TP and SL and suddenly i lost conection but anyway i just closed my trade with $489 better than nagative never ever gonna do it same mistake again

    psaini

    pip accumulator system how i use it ?

    for this system i am using 2 charts 5m and 30m

    30m for trend and 5m for entry

    first i wait for 30m arrow than i have to look 5m if 30m give me short and 5m give me long than i have to wait 5m short

    but if 30m give short and 5m already short than i have to jump in

    but u know when u trade u have to look lots of other thing news timing H/L pivot s/r too many factors involve

    and i think pip accumulator dont need any above things lol

    it is very good system

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