Hello World! I <3 Forex

[Lemoonjuice]

GBPAUD
1min chart

Profits taken. Long triggered



60min chart showing death plumet

 

[Lemoonjuice]

So when you are wrong you can see it.

Can see this, I never closed my long out for "Instant Pips".
I held and was being greedy attempting to gain more pips.

Have the perfect chance to close for 10-15 pips which would be a great hourly wage.
Instead I closed out for a small loss when price came back to my entry area.

 

[Lemoonjuice]

Its that time of night.

Game Time!!!!

Objective, how many shorts can you add into this breakout before it reverses and loses control.

I have the top pip on the last wave shorted for a Stop Loss level of 7.8 pips.
I have added +2 shorts in on the 1min chart.

My current count = 2 shorts with stops in profit. 1 short with a 13 pip stop loss.


I am posting this before any moves happen.
Pictures come first!

 

[Lemoonjuice]

Was just taken out for +1.3 pips on an up swing, re shorted wit ha 3.5 pip STOP LOSS.


How big would you bet?

Example.

3.5 pip @ 5 lots = $50 per pip. = $175 loss. (add spread and commissions = $200)


Reward?? 45pips+ @ $200 loss = $2,200 1:10

Once this trade is roaring in profit I will ADD MORE !!! !





3.5pip SL and 6.5pip SL.

 

[Lemoonjuice]

AUDUSD - Example of an instant rich move.

I made just over 600% profits on my Game Account.

This is what the end game chart looks like.
I am now starting to long the bottom as its clearly over sold.

Current count is 100% short. 35% long.

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Starting add more trades as my first entries has stops in profit = no risk. Add risk once trades are protected!

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cTrader has the "Double" position button, it doubles your open position and averages it out on the chart
As you can see in this picture my "Entry Dot" the time at which the trade as placed.. is currently floating lowing showing that I have doubled that entry.


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This picture is when I activate "Instant Rich Mode"
I have doubled my doubled trades... Exponential Growth or lose floating profit not accepted yet.
Example = 1 - 2 - 4 - 8 - 16 - 32 - 64 - 128 <- Double your initial entry making it 128x bigger then you opening lot size. Exponential Growth 101 for Max Gainzz and isntant rich.

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This is Doubling my Doubles once again with a Stop Loss IN PROFIT that is 1.7pips away from current price.

This trade is now 32x bigger then the price I opened it.
Lets calculate that.

If $5 per pip is your opening lot size
32x = $160 per pip. x 15 pips = $2,400. And this whole time your stoips are in profit only risking profit you have not locked yet.

 

[Lemoonjuice]

 

[Lemoonjuice]

Was just taken out for +1.3 pips on an up swing, re shorted wit ha 3.5 pip STOP LOSS.


How big would you bet?

Example.

3.5 pip @ 5 lots = $50 per pip. = $175 loss. (add spread and commissions = $200)


Reward?? 45pips+ @ $200 loss = $2,200 1:10

Once this trade is roaring in profit I will ADD MORE !!! !


View attachment 67891


3.5pip SL and 6.5pip SL.
View attachment 67892

The AUDUSD move that happened is what I wanted this GBPAUD move to look like.

So to recap on that GBPAUD, I lost one trade for a few pips and everything else was taken out for +1pip breakeven when i move my stops into profit. Never let a winning trade turn into a losing trade and only add to winning ideas / trades once you have moved stops loss's to profit.

Once your SL is locked on the map, you have no '$$ equity' RISK. So open a new trade and risk some $ on 1 position.


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On the AUDUSD breakout I managed to open 8 Single Short and Double Three of them for 4x, 16x and 16x.
While doing this I had my SL at least 1.7 - 2.5 pips in profit at all times to allow for slippage and commissions. Some trades might close for -0.5 pips with slippage so allow for that.


To put this into perspective lets do some Math.

If a 16x trade gives you 10 pips, compared to your initial position size that is really 160 pips profit or breakeven risk

RISK: Reward -> 1:160 for 10 pips.


After years of trading on the markets and trying all different styles and techniques I have been doing this for over 3 years now.

Years of then one day I discovered this "Adding to winners" and applied to a 1min chart after a China news release had surprised AUD strength. Within 45mins I had added 20x more positions into the market and was making more money then i ever thought possible. Within 2 hours I had turned my $450 account into $6,800.

The only thing I had on my chart was an aggressive uptrend line on the 1min candles.

That was the day I realised how the market is actually moving, the winning team is loading in exponential amounts of positions using floating profit as risk and averaging it out per entry, so worst case scenario is breakeven. No loss.


The Maximum I have ever managed to get a position is 160x and I nearly blew it, I took 7 pips from that trade.
7x160 = 1,120 pips from my initial position size.




This is how you Forex!
This is the secret to Instant Rich.
This is life.

Chuck.Aus

 

[cynic]

...

Once your SL is locked on the map, you have no '$$ equity' RISK. So open a new trade and risk some $ on 1 position.
...

What you seem to be describing throughout your posts is a pyramid style approach where one increases exposure in the direction of the market trend.

Such strategies greatly depend on a continuous market and surety of counterparty performance.

The synthetic nature of the retail forex market allows significantly higher counterparty risk than markets that are traded through a regulated exchange. The practice of "stop harvesting" by unscrupulous counterparties and/or liquidity providers, would prove to be a significant impediment to anyone trading any stategy so heavily dependant on stop orders.

The highly liquid nature of a market, may give some the false impression that it never gaps, however, the truth is that gaps, whilst they may be less probable, are still entirely possible!

Events of recent years serve as stark reminders of the capacity for highly liquid financial markets to unexpectedly gap and/or become illiquid.

Forgive me for feeling the need to ask lemoonjuice, but can you confirm that these trades are on a live account where real $$ are at stake?

 

[Lemoonjuice]

Of course there could be gaps, there has to be some flaw in the strategy you can pick on.

The FX is very liquid especially with hft algos which make smaller pips very easy to gain, most gaps happen during the rollover period or scheduled news releases which both you do not trade.

The 1min charts might have smaller gaps but nothing makes it over the 1pip level they are mostly 0.7

I am not here to prove anything i just simply wanted to show what I am doing and how I do it. Everyone has their own way of making money from the markets and this is mine.
Maybe there is others out there doing the same as me.


Did you mention you do not trade Forex?

 

[cynic]

Of course there could be gaps, there has to be some flaw in the strategy you can pick on.

The FX is very liquid especially with hft algos which make smaller pips very easy to gain, most gaps happen during the rollover period or scheduled news releases which both you do not trade.

The 1min charts might have smaller gaps but nothing makes it over the 1pip level they are mostly 0.7

I am not here to prove anything i just simply wanted to show what I am doing and how I do it. Everyone has their own way of making money from the markets and this is mine.
Maybe there is others out there doing the same as me.


Did you mention you do not trade Forex?

Have you noticed how your story seems to have changed in this post?

By the way, last night I experienced 28 pips positive slippage on a limit order on one of the major currency pairs!

And it did not occur during the rollover period.

 

[cynic]

Correction to my last post: insert "Friday" between the words "last" and "night".

 

[Lemoonjuice]

Have you noticed how your story seems to have changed in this post?

What do you mean my story has changed.

Do you have a problem?

If you are trying to have a go at me for something i am mighty confused

 

[cynic]

What do you mean my story has changed.

Do you have a problem?

If you are trying to have a go at me for something i am mighty confused

My main concern is that readers of your posts may get a highly unrealistic impression of forex trading and its associated risks.

Hence my reason for questioning the increasingly dubious claims being made within this thread.

 

[minwa]

The FX is very liquid especially with hft algos which make smaller pips very easy to gain, most gaps happen during the rollover period or scheduled news releases which both you do not trade.

HFT trades on the interbank level, unless you are trading via a FX prime broker, which you are not from your leverage, HFT has no effect on your liquidity. You are trading in your retail broker's liquidity pool which is why leveraging up you will be at their mercy.

 

[Lemoonjuice]

Hello World!

I am having one of those months.


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[minwa]

Hi Lemoonjuice can you help me clear a few things up because at the moment I can't make any sense and am agreeing with cynic:

My main concern is that readers of your posts may get a highly unrealistic impression of forex trading and its associated risks.

Hence my reason for questioning the increasingly dubious claims being made within this thread.

The equity return chart you just posted shows the start is around August 2016, which also happens to be the time of the creation of this thread. You mentioned you've been trading for 5 years. How come it only goes back 2 months ? I'm sure you've changed brokers over the period but surely you must have a longer history than August '16..the chart says 0.00% in August so it was created at that time.

I'm eyeballing roughly the drawdown in October, from about 450% to 200% in a day. Surely this must not be your real main account to have suffered this kind of drawdown in such a short period ? If you're trading full time I am thinking you at least have $100k in there, for it to be halved in a day is a bit distressful.

It is a bit misleading to post curves from "play/bet the farm" accounts (live or demo) with such a history and high leverage without stating so. One can open 2 or more accounts (demo or live) and crazy leverage them 1 going long, other going short for a short period to get such returns.

It is very easy in forex to put all these questions to rest by simply linking your account to a myfxbook or similar (there are quite a few in forex) with a long history of verified trading returns because just posting a short time period's trading with wild swings in account equity is only get you more "cynical" responses.

 

[Lemoonjuice]

Hey,

Look I understand all your questions and thoughts how about this might just be fake attention seeking or something, at least thats what it sounds like you are saying.


In a few previous posts i have explained everything about my accounts and how I play them.

I create new accounts on a monthly basis so that i can "build" them into longer term trading accounts while scalping and printing money in between. I call them game accounts, as you can see in this picture on gbpaud I have some trades are are roaring into profit, this will allow me to log out of the account and create a new "game account" to play on while the longer term positions make me money.

This account is a GBPAUD account and the other posts in this thread are related to AUDUSD trades, this is why i started playing on the account when it was time.

At any one time I can have 5 Game Accounts waiting to be played on which i create in advance.
Currently I have 30+ Longerterm accounts that might be holding 3-5+ open positions each gaining daily swap and i have closed out multiple positions intra day while building these accounts.



You mentioned opening 2 demo account and going long or short on either of them hoping for the best gains, If you notice the first picture i just post there is 900+ shorts closed on the chart over a 40 day period which is giving me around 14,000 pips average profit. This clearly shows that i am not doing what you just said.



Yes these results might look extreme, but the whole Forex game is extreme if you know how to play properly.
I am just sharing what I am doing with pictures for proof and hopefully it might spark some lightbulbs in other traders who can also start printing money every second of the day.

 

[cynic]

Hey,

Look I understand all your questions and thoughts how about this might just be fake attention seeking or something, at least thats what it sounds like you are saying.
...

Yes these results might look extreme, but the whole Forex game is extreme if you know how to play properly.
I am just sharing what I am doing with pictures for proof and hopefully it might spark some lightbulbs in other traders who can also start printing money every second of the day.

Spoken like a true salesman! Caveat emptor! (i.e. Buyer beware!)

 

[Lemoonjuice]

Spoken like a true salesman! Caveat emptor! (i.e. Buyer beware!)

If you just send your Credit card details to my email account we can get straight into the product.

Please make sure you attach photo ID and a current electricity bill and please do not forgot the security code on the back of your credit card.

 

[Modest]