EmmanuelD1st:
A 100% draw down is a a whipsawed account (blown account)

Pipsbasketing:
It varies, it depends on what the market gives me. Sometimes 50%, sometimes 100%, 200% and sometimes 0%. Whatever the market gives me is the key. I have traded with different brokers and hence different account, hence I cannot give the exact total %

Pipsbasketing:
Let us see what will form tomorrow, so we can trigger the sell

EmmanuelD1st:
A 100% draw down is a a whipsawed account (blown account)

joelreg:

Draw down
Negative balance in % to your account in pip basketing trading system.
Your worse case scenario.
As you make 0%,50%,100%,200%,
The other way round

Pipsbasketing:
If you have been active here, you will recall I made a buy call for gold last year dec, 23rd or so and I gave update almost every week on that, the position lasted for about 3 weeks and I vaped about 700.0 pips on this single pair on the buy position.

Are you ready for the sell this time, let us wait till tomorrow (see picture below)........this is how I swing with the FX business.

Also my former broker gave me $25 credit two days ago for referral
Just in 2days, I am already making more than 120% (see picture below).

Success is sweet when you are calm, patient and consistent.

Selah

mrikay:



Chai.... E pain me oh... But no wahala.... I am with you... Lets do it tomorrow

lawson007:

I just analysed gold on daily chart and i realised that gold is still bullish towards 1291 i.e about 880 pips to go

Pipsbasketing:
Still waiting for the sell confirmation by the end of today.


Let us see what will form tomorrow, so we can trigger the sell

jasper83:



pls bro I need the QUATER THEORY book too.

olatunde2012@Yahoo.com

EmmanuelD1st:
A sell is confirmed on GOLD from my system, the current bearish engulfing candlestick on the 4hr TF too hard to ignore.

obatine:


From the daily timeframe the Bulls are still in charge...and same scenario playing out on silver....

obatine:


From the daily timeframe the Bulls are still in charge...and same scenario playing out on silver....

obatine:


From the daily timeframe the Bulls are still in charge...and same scenario playing out on silver....

EmmanuelD1st:
Just Long GBPAUD SL:120 pips tp:360 pips

friendbee:


thank God is friday

bigbasho:

Sent

Pipsbasketing:

Yea, you see why I have been patient with the pair, I can no longer buy the pair, I am only waiting to sell before the end of today.

As for gold and silver, it is clear the are complementary, reason why I stopped trading silver and focusing on gold only.

Pipsbasketing:
I just requested for a withdrawal of my entire fund. I am not comfortable with the broker. I battle with wide spread, swap/rollover fee and commission, above all, It is sure I will be charged another $30 for my withdrawal.......brokers are killing with all these charges.

I am returning to FXCM by next week, I already have account with them. Will fund and trade on, no charge on deposit and withdrawal and takes about few minutes. Only that I may be limited by the 33:1

redcliff:


sorry to digress, I am a bit new to fx although i learnt it a while back in 2006. But somehow I left it and I now I tried to start afresh by lerning again and I have been reading the beginners guide in Babypips. I also tried to follow your telegram updates. But there was a pair i traded and while it was giving a loss on my end, i checked yours and it was giving a profit. can someone actually copy another person's trade?

wuyexzy:
hope aint gonna offend peeps here. needing small skrill fund real quick, $40. will sharply make cash transfer to you.

Pipsbasketing:
You got me laugh loud. Yes one can copy trade, major reason for the negative is likely to be that you entered lately.