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DislikedI do not post very often at ForexFactory, nor have I started many threads. However, today there is a need for a new thread to discuss and test what I believe is a technically very sound and worthwhile trading system. It's more than a system really...it's a paradigm shift in and of itself where Reward/Risk and trade management are concerned. It is called the 10XROI System and it was first introduced by another ForexFactory member just a few days ago who, unfortunately, must remain nameless and is unable to post here due to commercial restrictions....Ignored
Disliked{quote} you really havent explained the rules in a simple easy to understand manner at all. all you have done is copy exactly what was in the e-book. you need perhaps do bullet points so that even a layperson can comprehend what is being said, because the rules are not easy to follow at all. anyone who says otherwise is deluding themselves. and i have a law degree, even i cannot make out what the author is saying. try to put the rules in practice you will soon realise more clarification on the rules is required.Ignored
Hope that helps!
DislikedHi Pipskateer Been looking over a few recent charts for good setups and I think I may have one that we missed by a few days, it was also good for a 10xROI in about 3-4 days, depending on entry... Chart 1(D1) should read Resistance Line Break. Your opinion and advice will be much appreciated. Regards {image} {image}Ignored
DislikedWhatfx . I think Pipskateer has done a great job in explaining the system,especially for those that have not purchased the E books. Which part are you struggling with, the daily pullback to the previous days resistance level or finding an entry on the hourly chart. I hope lots of new traders read this thread and realise that small stops and longer targets like 10R is a great way to trade Perhaps we can help you. CheersIgnored
DislikedUsdpln looks like a buy to me on weekly and daily. The spread is a concern but the pair moves.Ignored
DislikedLong on usd seems more plausible since ecb want to cut the rate. Short the eur.Ignored
DislikedPip, I'm away from my computer now but I will follow up. In regard to the chart I've posted I'm now looking for a pullback, a third candle that would touch the low of the second and reverse in back up. Am I wrong for thinking that?Ignored
DislikedIS THIS A POTENTAIL PUSH/PULL? Daily: EURUSD current price: 1.3513 Candles #1 and #2 complete, candle #3 pulling back now SMA 3 pulling away from SMA 10 Anticipate a test of the 1.3481 area, the closing price of candle #1 {image}Ignored