Hello World! I <3 Forex

Lemoonjuice · 1 November 2016

While trying to load some decent size shorts in above into the stop zone, aud interest rate news came out with no change, showing potential continued aud strength with no stress for at least 30 days.

Due to this i have taken every chance to jump back onto my "Short till its not Train"

This is my current 60mins chart.

Just simply play what i see, when it happens.
Raise and Lower risk during the waves.

Lemoonjuice · 9 November 2016

Soo...

My plan failed.

I was forced to closed out some longer term positions due to my floating risk was near breakeven.

I clicked the Close all positions button right before the big burst of GBP strength.

New week, new game, new hourly wage that must be printed.

Keep on pipin.

Lemoonjuice · 9 November 2016

--

+754% Scalping during the Election.

do you even forex?

Lemoonjuice · 9 November 2016

AUDUSD 1min

edit: This picture shows 3x positions. On cTrader it allows you to add to current positions.
I add to the position till my risk reaches a certain point. %

This is an example of what my chart history looks like.

Currently trading 7 pairs.

Lemoonjuice · 10 November 2016

Around 3 hours trading at my desktop set up and 2 hours trading on my phone.

My week is done, see you all next week.

1min + 5mins charts for entry reasons.

60min + 4hourly chart for major direction

Print Print Print

Candles are the secret language to world wide manipulation and chart control.

Lemoonjuice · 10 November 2016

77% win rate out of 1673 total trades.

Pips:
Win: +31,039
Loss: -8,082
=
Total: +22,966

Lone Wolf · 10 November 2016

Lemoonjuice said:
Around 3 hours trading at my desktop set up and 2 hours trading on my phone.

My week is done, see you all next week.

Are you done because you hit a weekly profit target or because of other reasons?

Many traders have commented in the past that methods that were once very successful for them no longer work. So if you have a method that works, it might be worth milking it for all you can while you can.

Lemoonjuice · 10 November 2016

Lone Wolf said:
Are you done because you hit a weekly profit target or because of other reasons?

Many traders have commented in the past that methods that were once very successful for them no longer work. So if you have a method that works, it might be worth milking it for all you can while you can.

I am addicted to pips and extremely competitive.

I found my strategy over 3 years ago, been milking it till the teets are dry.

Mainly stopping my heavy trading as i have a big family event tomorrow night, did not want to be wrecked by a surprise attack while im getting my drunk on.

"Forever Student in Forever Changing Market"

I read the chart and adapt as it happens, play what i see as i see it and take instant profits.
I feel that my way of trading will work till the markets stop trading, but in saying that maybe everyone felt this way at some point. Only time will tell.

Thanks for the reply.

Lemoonjuice · 27 November 2016

THE GAME

Hello World!

Someone has challenged me to turn $2 into $100. I said i could do it and he called my bluff, lets see how i go.

I have created an account called "The Game" that you can mirror for free on cMirror.
https://cmirror.com/strategy/59800

I deposited $2.

Currently there is $2.70 usd

Mirror this account and choose your own risk.

Risk 1x $2.70 usd or 100x $270.0
( Maximum cMirror allows you to copy is 100x. 0.01 = 1.00 )

All i really need to do is gain 20 pips and I will double my account and make 100%.

If can double $2. Can double $20 right ?

ThePiptaker · 27 November 2016

Lemoonjuice said:
AUDUSD 1min

View attachment 68748
edit: This picture shows 3x positions. On cTrader it allows you to add to current positions.
I add to the position till my risk reaches a certain point. %

This is an example of what my chart history looks like.

Currently trading 7 pairs.

I see your not too worried about price going against you sometimes on this first trade on your chart you were probably happy to see the price accelerate down knowing it was a weak move and it was going to turn. Anyway love your style, awesome work..

minwa · 28 November 2016

Re: THE GAME

Lemoonjuice said:
Hello World!

Someone has challenged me to turn $2 into $100. I said i could do it and he called my bluff, lets see how i go.

I have created an account called "The Game" that you can mirror for free on cMirror.
https://cmirror.com/strategy/59800

I deposited $2.

Currently there is $2.70 usd

Mirror this account and choose your own risk.

Risk 1x $2.70 usd or 100x $270.0
( Maximum cMirror allows you to copy is 100x. 0.01 = 1.00 )

All i really need to do is gain 20 pips and I will double my account and make 100%.

If can double $2. Can double $20 right ?

Good luck..but with every pip equating around 10% of equity is your stop like 1-5 pips only ?

Wharris · 29 November 2016

Copying your trades mate, turn my $5 into $50 haha

Lemoonjuice · 31 December 2016

Hello everyone!

Blew that game account up within about an hour. Moving on from that I have created a blog to keep track of my pictures which will help everyone learn and understand how I am entering my positions and adding to winners.
Nothing special right now, 2 days worth of waves.
http://forex.ownyourworkweek.com/

Happy New Year!!!

Chuck.

microtrader2017 · 1 January 2017

Thanks for your posts Chuck.

A key part of your strategy is your entry which is shown by your win / loss ratio per trade. What process do you have for making that judgement call? Do you trade on sub 1-minute charts, watch the market depth?

microtrader2017 · 1 January 2017

Oh - and what exactly is the setup for your yellow line of death?

Lemoonjuice · 2 January 2017

Hey Micro,

I do not trade lower then the 1min charts, you can see the market depth very clear on there. Example for people who have no idea, if a massive order is placed you will see it happen while watching the 1min charts, the market might absorb it and hide it but you seen the massive entry happen.

A combination of 1min, 5min, 15min candles gives me the perfect entry for instant profit moves.

The yellow line is just an EMA that holds strength when the market is trending. Once a breakout begins I will read the candle closes around the EMA to determine if it is going to be strong or not.

Thanks for the reply.
Chuck.

microtrader2017 · 2 January 2017

Thanks Chuck.

Many years ago I was a fairly active trader on stocks using a similar technique as you. Tight stop losses, but pyramiding into winning positions. It was a very profitable strategy.

I stopped trading to focussing on business interests, but have recently started dabbling in forex. It's very early, but the same entry strategy and "just trade what you see" look promising.

Out of interest, is there any reason you haven't scaled up your lot size with time to increase your hourly rate beyond a few hundred dollars?

Lemoonjuice · 3 January 2017

My hourly wage from scalping is a nice rate, but the only way to dominate the massive wave is to be ready and scalping.
So I scalp and keeping printing till the breakouts begin.

Once the breakouts have started I can add to my winners.

If my risk is lets say $30 per hour, then adding 6x positions to that and then doubling one of them 4x will give around $300 per hour.

What I am trying to say is, There is no need to risk much. Live to fight another day, start small and add to winners.

Lemoonjuice · 3 January 2017

https://gyazo.com/ad782d3c30b6c24741cca9109b893a13

https://gyazo.com/c08eefc1accfff9bcdf2db8d790232b3

This here is just over 12 months old.

Risk = 0.10 position
Reward = 1.60 position size.

I was running a training group that I called $100 to riches. Not interested in doing that now tho.

And there is this picture that was in the same folder, Not sure if you can zoom into it or not. Sea of green.
https://gyazo.com/5accec42a6d67c08409014e90d036b0e

minwa · 7 January 2017

Lemoonjuice said:
hhaha!!

I am not here to advertise training or anything, was just looking for other traders who are doing what I am doing.

In all of your charts you use IC Markets and now you're recommending Pepperstone with a affiliate link ? Their affiliate commission structure must be better than IC Markets.

So you've changed your mind and started charging ? Instant rich in trading not working too well ?

Hello World! I <3 Forex

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