How I'm turning my $1.500 into $1.000.000
- Thread starter peti305
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peti305
Wealthified Representative
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Traded AU CPI yesterday, and won
+30 pips
While the CPI trade was open, also traded the UK Meeting Minutes.
Made a win again
+30 pips
Because of the AU CPI trade, on the second one I had insufficent margin left, and I could only open it with 50% less lot size, so I made 50% less money..
+30 pips
While the CPI trade was open, also traded the UK Meeting Minutes.
Made a win again
+30 pips
Because of the AU CPI trade, on the second one I had insufficent margin left, and I could only open it with 50% less lot size, so I made 50% less money..
peti305
Wealthified Representative
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- 198
Traded the German IFO Business Climate today.
I had to exit from this trade before the GB Prelim GDP came out, and got out at break even.
Because that GDP came out exactly as expected and didn't have any influence on the market, I decided to re-enter my position.
It missed my take profit only by 1 pip... and at 18.00 GMT my broker applied the over the weekend leverage, and they opened a hedge position.
After this I decided to close my position
+17 pips
Little bit frustrated about that one pip
I had to exit from this trade before the GB Prelim GDP came out, and got out at break even.
Because that GDP came out exactly as expected and didn't have any influence on the market, I decided to re-enter my position.
It missed my take profit only by 1 pip... and at 18.00 GMT my broker applied the over the weekend leverage, and they opened a hedge position.
After this I decided to close my position
+17 pips
Little bit frustrated about that one pip
peti305
Wealthified Representative
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- 198
Traded the USA NonFarm Payrolls today.
I had to exit from this trade before the US ISM Manuf. PMI, so got out at break even.
0 pips
It would have been a nice win if there is no Manuf PMI news. But I didn't want to re-enter my position because it had some push to the different direction.
I had to exit from this trade before the US ISM Manuf. PMI, so got out at break even.
0 pips
It would have been a nice win if there is no Manuf PMI news. But I didn't want to re-enter my position because it had some push to the different direction.
the numbers guy
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man thats impressive. im using almost the same strategy but with a 20pip SL & TP. been blown out three times. infact, this friday's NFP blew me out when i went short the dollar yen, only for the pair to continue its downward trend after the PMIs were out. In all my 3 cases where i hv been wiped out, i had got the direction of the pair right. this time i will limit my risk capital
the numbers guy
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What i wanted to know is do you get in just after or just before the news release?
peti305
Wealthified Representative
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I get in after the news, of course. I am not gambling.
the numbers guy
Recruit
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im so glad that you posted your journal online coz i wasnt quite getting it why im always blown out when all ground work seemed ok and i was also doing it after the news release. The answer has got to be my money management approach
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