The title of this thread pretty much says it all. Most of what I know about Forex goes completely Against Conventional Wisdom. Among the many bits of conventional wisdom that I disagree with are PA (price action), FA (fundamental analysis), S/R (support and resistance), how news affects the markets, Fibonacci, and what is the proper cutoff for the Daily bar. This is not an all inclusive list, but it will do for a start.
The system I use is technical and does not use any of the methods mentioned above. When I first started learning this system, the complexity nearly overwhelmed me. But in due time the simplicity of it became fully and clearly apparant.
What you will not get from this thread is instruction on how I trade the system I use. (1) That is why it's not in the Trading Systems Forum. I will not be posting full charts. The reason for this - I've been asked and agreed not to post these charts in full anywhere. When time allows I will post trades live.
Another thing this thread is not and that's a place to debate the myriad methods that permeate Forex trading. That is why this thread is not in the Trading Discussion Forum. If you feel the need to argue against what I post, my suggestion is to start a thread some where else for that purpose. I will arbitrarily and without notice put you on the iggy list if I feel that is your intention. I will also not tolerate abusive or inappropriate language.
The time zone I reference is US eastern (New York). That is because it is the time zone my charts are based on. More on this later.
Now that I have most likely alienated one-third to one-half of everyone here at FF with this brief introduction, I will get started.
I wish you all the best and God Bless.
(1) If after perusing what I have posted here, you think you would like to try and learn this system, feel free to contact me. The only cost is your time.
The system I use is technical and does not use any of the methods mentioned above. When I first started learning this system, the complexity nearly overwhelmed me. But in due time the simplicity of it became fully and clearly apparant.
What you will not get from this thread is instruction on how I trade the system I use. (1) That is why it's not in the Trading Systems Forum. I will not be posting full charts. The reason for this - I've been asked and agreed not to post these charts in full anywhere. When time allows I will post trades live.
Another thing this thread is not and that's a place to debate the myriad methods that permeate Forex trading. That is why this thread is not in the Trading Discussion Forum. If you feel the need to argue against what I post, my suggestion is to start a thread some where else for that purpose. I will arbitrarily and without notice put you on the iggy list if I feel that is your intention. I will also not tolerate abusive or inappropriate language.
The time zone I reference is US eastern (New York). That is because it is the time zone my charts are based on. More on this later.
Now that I have most likely alienated one-third to one-half of everyone here at FF with this brief introduction, I will get started.
I wish you all the best and God Bless.
(1) If after perusing what I have posted here, you think you would like to try and learn this system, feel free to contact me. The only cost is your time.
Mark ... Everything you have been told is a LIE