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Thread: 10 pips a day can make you rich quickly

  1. #11
    Quote Originally Posted by ;
    I am aware of a guy (NOAH) MET him watched his trading account he gets 10 pips a day no more no less has a 90 pip stop loss. When I saw his commerce account report had not lost a transaction in more than a year, I saw. He makes 200,000.00 a month. Gives his whole trading method to anyone who wants it. I simply haven't taken the time to test it.
    Today you guys can blast away. I tell the truth
    I do not think anyone is going to blast you. Anything is possible in this company but if he goes for only 10 pips a day, no more or less, then with that kind of risk:reward he's basically right almost 95 percent of the time. He'd have to be or he would go bankrupt. If he can do this, that's nothing short of a Holy Grail. I would be skeptical, but proof is in the pudding and if you watched his statements then hop on for the ride with him, dude

  2. #12
    Quote Originally Posted by ;
    Ask the following questions:
    1. Where did the USD close (5pm EST) yesterday against the majors?
    2. What effect will now's economic reports have, if any, on the Foreign Exchange market?
    A. FED interest rate moves
    b. ECB decisions
    c. Unemployment -- Weekly Moving Average above or under 400k?
    D. Greenspan talking?
    3. Are you currently at an All-time high or low on the EUR or GBP or CHF? Or
    a. Are they way oversold or overbought? Is it better not to trade?
    4. Should I make a trade now, what might go wrong? What's the most I'll lose? Gain?
    Is your market just dead quiet right now? Moving fast?
    5. Is your EUR or GBP moving right now? How far are the pairs out of service and
    resistance?
    RB
    d is funny. Greenspan doesn't talk. I guess the text you've got this out of is really old.

  3. #13
    Quote Originally Posted by ;
    d is funny. Greenspan does not speak anymore. I figure the text you've have this out of is old.
    He got it out of one of Rob Booker's e-books.

  4. #14
    10 pips a day will be nice. I used to try for 10 and had a nice streak of 5 weeks without a loss. Then I got some 40-50 pip losses and got overcome with the desire to receive back it. Then more losses etc. etc..

    If I could do so consistently then I'd be doing fine.

    I enjoy Rob. His methods are excellent and I learnt a lot from his 1 on 1 training. Unfortunately for me he's in the USA so I've not had much personal tutoring. Would have liked a lot longer. Still would.

    Anyhow, 10 pips a day is very good if you're able to do it regularly. The biggest problem are the losses.

    Wiz.

  5. #15
    Quote Originally Posted by ;
    d is funny. Greenspan does not speak. I guess the text you've have this out of is really old.
    Might have written as lately as nine weeks.

    That is true but to time evidence the document he might mention the guys/gals place and it would appear good.

    Quote Originally Posted by ;
    By usgov.info
    President Bush today nominated his chairman of the Council of Economic Advisers Dr. Ben Bernanke to succeed Federal Reserve Chairman Alan Greenspan, whose term expires in January 2006

  6. #16
    I'll find and post the method
    Quote Originally Posted by ;
    I don't think anybody is going to blast you. Anything is possible in this company but if he goes for only 10 pips a day, no less or more, then with that sort of risk:reward he's basically right almost 95 percent of the time. He would need to be or he would go bust very quickly. If he can do that, that is nothing short of a Holy Grail. I'd be skeptical, but evidence is in the pudding and if you watched his statements then hop on for the ride with him, dude

  7. #17
    His title is noah depham and orginally he had been a 4xME user dont know if he still is not his egy was to utilize consolidation phases where the station dosent vary by more then 10 pips either way for no less than 4 or 5 hr candles he then straddles 30 pips outside for implementation and rides it the following 10 pips because of the momentum the longer it paces the dad it races he has his own website called club 10 pips .com he asserts 95% since he dosent deviate from his trading plan as far as 200,00/mo that a pip can be 10 pennies or 1,000 dollars how deep are your pockets but the man is for real

  8. #18
    Quote Originally Posted by ;
    his name is noah depham and orginally that he was a 4xME user dont know if he still is not his egy was to use consolidation periods in which the channel dosent change by more then 10 pips either way for no less than 5 or 4 hr candles he then straddles 30 pips out for execution and rides it the following 10 pips because of the momentum the more it paces the father it races he has his own website called club 10 pips .com he asserts 95% because he dosent deviate from his trading plan as far as 200,00/mo a pip could be 10 cents or 1,000 dollars how deep are your pockets but the man is for real
    So he puts a buy and sell stop orders concurrently 30 pips out of market, following a consolidation?

  9. #19
    All query refer to club 10 pips.com its noah web site I just temporarily remember it from a couple of years back its a mechanical system dosent produce a trade everyday so I lost interest since ive been reminded of it I might start looking at it again as a negative bet whenever all his planets align correctly

  10. #20
    Forex is all about CONSISTENCY,if u can attain that over along period of time then r in the gloomy zone.be it 1 or 1000 it does not matter as long as u can do it over and over again.and how can you know u r consistent? By simply putting your egy to try over many transactions,some suggests a million trades.with a proven track record then you can work out in your LOT size to reflect ur desired gain.CONSISTENCY in critical.

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