All Blog Comments

perrie - Forex Money Management : A New Approach

perrie — Tue, 2 Feb 2010 09:23:41 +0000

I realise this doesn't take account of differing pip values, but it's close enough for me (as i'm working at 1%) - Oandas platform can automatically trade a fixed % based on stop loss - and you can trade pico lots there ie 0.000 01 of a lot (ie $1) amounts are calculated to 0.0001c and you get interest on the non traded part of your account, as well as second-by-second interest on the trading bit. - off my soapbox now .

perrie - Forex Money Management : A New Approach

perrie — Tue, 2 Feb 2010 09:19:29 +0000

I have a chart made out each day based on the account balance to determine lot sizes to trade based on risk. I trade 1% per pair. here is the formulae (Spread+ stop loss) = (Account X %risked)/( 1000 x lots) ie for today (5400 x1)/(1000 x lot) = 5.4/lots , so i write a paper with 0.01 to 0.15 and calculate the pip value, ie 0.01 lot is 540 pips - so any stop loss > 540 pips i don't trade, 0.02 give 270, so from 271-540 it's 0.01 lot, 270-181 0.02, 181-131 0.03, 130-104 0.04 etc , that way i can more quickly enter trades . You could also use available equity too instead of balance.- hope this is of some use in MM

rajat - Forex Signals 1st Feb

rajat — Tue, 2 Feb 2010 01:28:03 +0000

tell me how to use these signals for exampl Order ID: 4 | Order Cancels Order | $EURUSD Buy 1.3895 | Currently at +10
how to use this?????

richard - Forex Signals 1st Feb

richard — Mon, 1 Feb 2010 23:47:22 +0000

to firepips no i havent recieved anything in my junk mail either and i dont have a gmail account

FirePips - Forex Signals 1st Feb

FirePips — Mon, 1 Feb 2010 23:33:43 +0000

Hi Perrie,

It seems that your Short order was cancelled since Long GBPUSD was triggered, which is fine and thats how OCO order should work.

On my ECN broker GBPUSD didn't get filled on Long side. It later triggered the short side.

FirePips - Forex Signals 1st Feb

FirePips — Mon, 1 Feb 2010 23:31:02 +0000

Hi Fxandme,

Are you using an ECN broker? Both GBPUSD and GBPJPY were not filled on my side for longs.

If you trading with a Market Maker I recommend adding margin for extra spreads.

FirePips - Forex Signals 1st Feb

FirePips — Mon, 1 Feb 2010 23:27:00 +0000

@Miro @Richard, Can you please double check your spam /junk folder. Also try using Gmail account if you have one.

sammmy - New Month - Fresh Look !

sammmy — Mon, 1 Feb 2010 23:03:08 +0000

Very nice look!

richard - Forex Signals 1st Feb

richard — Mon, 1 Feb 2010 23:00:53 +0000

i have a hotmail email address and i havent recieved any emails about signals all i have recieved is your request for me to join your facebook and the email about the new look on your website? please help

perrie - Forex Signals 1st Feb

perrie — Mon, 1 Feb 2010 22:08:56 +0000

My windows smartphone does the funny thing with the email too, (HTC P3600i)
As well, the GBP/USD that was stopped out. I was in front of the PC when the trade started, and like a true OCO cancelled the other immediately - but you show an entry - please explain how you want us to treat these OCO manually - do we cancel the other AFTER it's hit a TP or.....
thanks

fxandme - Forex Signals 1st Feb

fxandme — Mon, 1 Feb 2010 21:21:31 +0000

My bad .. GU(Buy) And GJ(buy) stopped out !!

Miro - Forex Signals 1st Feb

Miro — Mon, 1 Feb 2010 21:13:45 +0000

and I have no e-mail... only the warning via twitter about “admin@firepips.com” in your address book

FirePips - Forex Signals 1st Feb

FirePips — Mon, 1 Feb 2010 21:11:31 +0000

Thanks davide...This time I've send emails only in text format.

Please let me know.

FirePips - New Month - Fresh Look !

FirePips — Mon, 1 Feb 2010 21:10:15 +0000

Haha...Cute wasn't word I was hoping to hear :)

Pierre - New Month - Fresh Look !

Pierre — Mon, 1 Feb 2010 21:05:41 +0000

yeah it's more cute !

davide - Forex Signals 1st Feb

davide — Mon, 1 Feb 2010 20:45:29 +0000

hello,
I see the email in a bad format on my windows mobile phone.

I see text in a vertical way

li
ke
th
at

hope this helps
davide

FirePips - New Month - Fresh Look !

FirePips — Mon, 1 Feb 2010 16:14:55 +0000

Let me know what you think of the new look. Is it any better?

davide - Forex Signals 29th Jan

davide — Sat, 30 Jan 2010 01:17:26 +0000

hello FP
first week following you, not the best one probably, little loss for me. which is your balance guys?
this week end for me it will be at a beautiful termal spring here in the nord of italy called Miradolo.
have a great w.e. all
davide

FirePips - Forex Signals 29th Jan

FirePips — Fri, 29 Jan 2010 20:27:28 +0000

Hi Eric,

Sorry about GBPJPY. Remember the cardinal rule of trading, manage your account so you can trade another day.

FirePips - Forex Signals 29th Jan

FirePips — Fri, 29 Jan 2010 20:24:57 +0000

Hi Haniff,

Good idea. Sometime it is good to step away and come back with a fresh outlook.

Catch ya next week.