100 Pips in Under 25 Minutes – Easy as ABCD! (Forex Trading)
Tuesday, June 30th, 2009 at
8:47 pm
You read that right… how to earn 100 pips (that’s $100 if you trade just 1 mini-lot) in just under 25 minutes! An overview of the ABCD pattern and how to use it together with Fibonacci retracements & extensions.
Duration : 0:7:36
[youtube yl_PXD949WQ]
Tagged with: Black • Currency • education • forex • FX • fxKnight • invest • Knight • learn • Markets • trading • Training
Filed under: mini forex trading
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Making pips, yeah …
Making pips, yeah right, only in your wildest dreams, I have a thousand times your knowledge, wisdom, and understanding, and with that understanding comes the knowledge how you are nothing but a liar, who lies to make money, to convince people that you can make money trading the forex market, and that you can teach others to do the same, when in reality you are nothing but a liar, because nobody can beat the forex market. I am a man of God, while you are a liar.
Okay, sir… me and …
Okay, sir… me and all my little satanists will go on making pips, while you go on yelling and fuming. Just go and do it on someone else’s page, please.
By the way, my …
By the way, my website is Forex Daily Signals, I had a lot of clients signed up with me, they came from my stock trading website when the market died, and we got our stop hit over and over again by -6 pips. I then figured out the computer program that the forex market trades by, and in my video I prove this mathematically. The forex market is a scam, and nobody in the world can beat it, it is Satan’s system, when you tell people you can beat the forex market, you help Satan and his cause.
Okaaaay….
Okaaaay….
And by the way …
And by the way fxKnight, I know more about this world and everything in it than you could possibly begin to imagine…..
I’m sorry but …
I’m sorry but you’re nothing but a two bit liar, you know it and I know it, nobody in the entire world can beat the forex market, this is a positive fact, you cannot beat it, and if you say you can you are a liar, plain and simple. You live with your own lies, and you answer to God on Judgement Day for your lies….
There NO secret …
There NO secret code, dude. It’s just 1000s of market participants, trading with one another. No different than stocks or any commodity. If you put in the work to learn & practice, instead of chasing secret codes, you can learn to be consistent (I’ll agree that no one wins 100% – but you CAN learn to win more than you lose).
For news trades …
For news trades like this one, I’m typically on the 5min chart. For intra-day swing trades, I like the 1-hour/4-hour in combination. Works any day of the week that price is moving… though, lately, the intra-day trades have been much more profitable than the news ones. Market conditions are always shifting.
What TF did you use …
What TF did you use fxKnight? only works on friday?
Nonsense, that …
Nonsense, that isn’t possible, nobody in the world can beat the forex market, like I said, I know when a currency is going up or down 24 hours per day and I cannot beat it, so therefore he cannot either. You simply don’t understand….
HAHAHHAHA.
So …
HAHAHHAHA.
So you’re the smartest person in the world?
I know a guy in Israel who works for a bank professionally and does currency trading and DOES make 6 figures ++.
What is your problem?
Pillsbury, yes …
Pillsbury, yes that’s exactly what I’m talking about, nobody on planet earth makes money trading the forex market, this is a positive fact, I know the forex code and can tell you if a currency is going up or down all day long, and I can’t beat it, and they stop me out by -6 pips over and over again, spelling 666. If I cannot beat, and yet know the forex code, than nobody on planet earth can beat the forex market, 100% impossible….
You’re saying that …
You’re saying that nobody makes money with Forex trading? Wtf are you talking about?
thanks for the video
thanks for the video
thanks for this …
thanks for this wonderful wonderful video ….. guess I will try and see you in your chat room ….. if you don’t charge Money ……. because my forex account does that …… and my wife, too.
$10/pip is standard …
$10/pip is standard lots, correct… I used minis in this example because that’s what by far the majority of beginners are trading with. Wanted to make it relevant.
$10 for standard …
$10 for standard lots, but I used minis in this example as that’s what most beginning traders are using these days.
I do it every …
I do it every Friday on FXStreet at 15:00 GMT… please join us for one of our FREE live webinars.
I thought a pip was …
I thought a pip was worth 10 bucks or is that with a normal lot and not a mini?
do you mind teach …
do you mind teach us a more detail of how to identify the A-B-C-D-E moves..?
hope that you can really help those pp how loss their money in fx and earn them back.
YouTube doesn’t …
YouTube doesn’t allow posting of links, but it’s on the title at the start of the video.
Visit our website …
Visit our website for additional FREE resources to help you out, including videos, webinars, articles, live chat, forum, and more.
Statistical …
Statistical probability. If I’m wrong, I get stopped out. If it stalls at 38, I’ll try that. If I’m stopped at 38 I’ll retry at 50, and so forth. If it doesn’t stall at a Fib level, I’ll see what happens at the next one.
Absolutely. This …
Absolutely. This is a trend-following pattern. It won’t help much in a choppy, ranging market. Use often use ADX in combination to confirm a trend, with a reading of 30 or greater.
Sometimes it goes …
Sometimes it goes to 50%, sometimes also 38.2%… you see C in hindsight, after the A-B move resumes. C is not your entry, C only helps you find your D target. It took 25 minutes in THIS example… sometimes it takes a few hours, sometimes 5-10 minutes, all depends on your timeframe.