Thread: Trading in 2 Minutes a day only

P/L so far: 583 pips10 trades complete

Feb. 2011: 223 pips: 5 wins, 1 loss
Mar. 2011: 196 pips: 3 wins
Apr. 2011: 164 pips: 2 wins

I have been trading this egy for about 2 decades now with fantastic results so I simply decided to start logging some of my transactions here. I usually do 4 transactions each month, my transactions have 150 pips prevent loss in case the market acts open and odd take profit. I open my trade at 6:00pm ET and do not touch it until 6:00pm ET the following day. So I just trade for about 2 minutes every day and the results are great. I shall keep this thread and update it with new trades. I won't be posting all my transactions here but will post some and log my results. See this thread for some fantastic trade ideas.

Hello thegreatone,

would you post some charts and reasons to your entrance for us to understand please?

What is your preferred timeframe?

Hi vijidas,

Unfortunately I don't have any fancy indiors or templates to show you. All I have are numbers of where the banks and large players are putting their money, their entries, their stops and such. I've got an MSc in Statistics therefore I utilize my schooling along with my expertise to develop with those transactions. I am not saying that I always get them right but I receive them many times and thats sufficient in this market.

Originally Posted by ;

hello,

would you post some charts and reasons to your entry for us to understand please?

What's your preferred timeframe?

Originally Posted by ;

P/L so far: 0
I have been trading this egy for approximately 2 years now with fantastic results so I just decided to begin logging a few of my trades here. My egy is based on numbers I gather from near friends of where the banks and big hedge funds are placing their stops and limits. I really do a few statistical calculations and produce my transactions. I normally do 4 trades per month, each trade brings on average roughly 120 pips roughly. My trades have 150 pips stop loss...

...I find it coming...

Originally Posted by ;

...I find it coming....

Looks totally legit to me.

Wonderful prediction, how is exactly Forecast the buy signal, great

Have a Wonderful day to ypu

But you really have no method of knowing where banks and large players place their orders, do you? Can you show us some proof that banks place their orders at a certain place?

Originally Posted by ;

Hi vijidas,

Regrettably I do not have some fancy indiors or templates to show you. All I have are numbers of in which the banks and large players are placing their money, their entrances, their stops and such. I have an MSc in Statistics so I utilize my eduion together with my experience to come up with those transactions. I am not saying that I constantly get them right but I get them right many times and thats sufficient in this market.

Hi ,
No I really don't have any evidence, this is my diary not a place to demone anything. . If you'd like my way of trading it is going to be a joy to have you otherwise all the best for you personally.

Originally Posted by ;

However, you really don't have any way of knowing where banks and big players put their orders, do you? Would you show us any evidence that banks put their own orders at a certain loion?

Ok so its nearly 6:00pm so this is the update:

Close EUR/USD at market: 1.3696

P/L: 94 pips
Maximum : 137 pips
Max. Drawdawn: 31 pips

I hope some traders made some pips with me personally.

Good luck to all!

OK it is just that you mentioned in post 1 which you place your orders where banks do, and I just wanted to question you , as you really don't have any way of understanding where the banks place their own orders, so that I wondered why you made this statement. I guess to lure people in to see your diary? I truly can not figure out why someone would make that statement, but I guess you've got your reasons. All the best to you as well.

Originally Posted by ;

Hi,
No I don't have any evidence, this is my diary not a place to demone anything. . If you like my way of trading it will be a pleasure to get you otherwise all the best for you.