[Rumpfunk]

So the short signal is confirmed. good luck guys.

[ForexEASystems]

Time to close our long trade. Will post screenshot in a few minutes.

[wanelad]

Originally Posted by Rumpfunk

So the short signal is confirmed. good luck guys.

I think it is just channelling side ways and would be better to wait until tomorrow night and hope for some clearer signals, I thought you were already short at higher prices?

[j.holloway]

Well it certainly feels better to have some company in all this now!

Are you guys still aiming for the 100 pips or do you have closer TPs near support levels like 1.5088?

[ForexEASystems]

Todays GBPUSD trade:

ENTRY: 1.51545
STOP LOSS: 1.50845
TAKE PROFIT: 1.52545
CLOSE PRICE: 1.51315 (market direction changed)

PROFIT/LOSS: -23 PIPS

TOTAL FOR MAY: +68 PIPS

[Rumpfunk]

Originally Posted by sonoio

Hello Alex, sorry that i did not reply earlier but i took a few days off to spend some time in one of these fancy wellness hotels.

Feel me know 5 years younger .

What i can say about Profx:

When i started with it i was making the mistake that i did not follow the trading rules, was jumping into trades to late and go out to early.

And with every trade i was getting more and more nervous and it was getting worse and worse.

Reading some of the posts in this thread this it looks like many new users make this mistakes.

So i stopped trading for a few days and asked Alex for some advices. He replied i should use a demo account for at least two weeks, make a trading diary and print out the basic rules and create a check list.

I was still full of doubts that this will help me but i followed the advices.

Slowly it was getting easier and during the first month of correct usage i made almost 400 Pips. At this time 400 Pips was already something awesome for me but i knew i can do better when i learn to trade without any emotions.

Every month a few pips more then last month. That was my new target and it worked out well.

Now a few month later i make the same profits then Alex make. Sometimes a little bit more, sometimes a little bit less and i am very thankful for his support.

In fact, without Alex i would be still on the loosing side and i dont think i would still trade forex.
When you trade with ProFx follow the system rules. Do not make the same mistakes i made and when you do them learn your lections from them.

In no time you will make a lot of money with this system.And when you are tight with money, simple follow some trade calls from Alex. From what i know he made here calls worth thousands of Dollars.

Hi Sonio,

Good to hear your progress, as you say I feel like I could understand the system more fully. Im beginning to trade the system fully this week but with a mini lot so I will also do what you did and make a diary of events for the next 2 weeks. When you mention checklist, what would you include in your checklist to follow?

Thanks Rump.

[Rumpfunk]

Originally Posted by wanelad

I think it is just channelling side ways and would be better to wait until tomorrow night and hope for some clearer signals, I thought you were already short at higher prices?

yes I was short before but the price had luckily come back near to where I entered when the short trade was confirmed. I actually added another lot to the trade currently in 27 and 24 pips profit for each lot so fingers crossed!

[wanelad]

Cool, I just took 16 pips on a short myself

[Rumpfunk]

Originally Posted by wanelad

Cool, I just took 16 pips on a short myself

Very good, keep your eye on it as the 4HR support trendline is about 1.5081 so to get our TP it will need to break that.

[wanelad]

Originally Posted by Rumpfunk

Very good, keep your eye on it as the 4HR support trendline is about 1.5081 so to get our TP it will need to break that.

Yes that is why I did not hold I exited and took the profit