Reload Scam! All the videos was from indo. I have all the videos from indo
Hi, everybody! I am newbie and I am interested in this method...
...and just one question:
Is there anyone who could post WorkTime indicator with shadow boxes, I really miss that... Thanx!
Might I suggest you have a read of the blog posted at:
http://forexsmarttools.com/forex/hol...forex-trading/ as it will help you understand the concept of the Brinks Trade.....
"GBPUSD rose 189 Pips this week just 1 Level away from retesting the HOM/HOW [High of Month]. Look for price to Consolidate Stop Hunt to the Top side and then correct Short. EURJPY retested February’s HOM on Friday. Look for price to Consolidate Stop Hunt to the Top side and then correct Short as well."
Steve is back!
I am trying to trade this method.
Difficulties are clicking out of trades too early wich ads up and taking the wrong directional bias.
All the info I have is from the webinars at strikezone trading and marketcheckdown.com.
This method seems to work best at the start of London session not so well during NY.
The NY session is the most difficult to trade.
I have linked my account to myfxbook if anyone is interested let me know
here is myfxbook. https://www.myfxbook.com/portfolio/mcd2ecn/864146
There is a lot of info the free webinars by the marketcheckdown guys they are quite accurate most of the time
Take a look at their projections on audusd and usdcad for next week.
On the GJ trade I was looking at the 4 and especially the 1 hour chart it showed a clear uptrend at the 15 minute there was a very small fake move before the trend continued.
I hope more people discuss their views on this method and their experiences.
E/U, G/U, A/U, U/Chf and lets throw in A/J, E/J, G/J and E/A as cross.
Post your direction and thinking just like Zen has been doing in those videos.
That would be a good place to start.
I use the daily high low adr and tdi and also the 5 13 50 and 200. Recently I have started to remove them from time to time to practice seeing the chart patterns. I remember them saying to use the indicators for confirmation not as entries.
what are your biases?
E/U ? staying away for now
U/CHF ? also avoiding it
G/U long (I like Short)
A/U short (I like Short)
U/CHF ? also avoiding it (I like Short)
U/J long (I like Short)
A/J short (I like Short)
G/J long (I like Short)
E/A long (I like Long)
G/C long (I like Short)
E/C long (I like Long)
U/C long (I like Long)
Now of course it can do whatever it likes for there to be a valid trade it still has to throw so sort of pattern. When Zen would do his FREE weekly reviews of all the pairs they'd sometimes say "see it worked" and the pair maybe stop hunted a few pips hardly a "It worked" in my book. So be sure to wait for a real valid sign of panic that it was a false move. They may not play out as reviewed, but then again if it didn't play out right you should have never traded it thus reduce your over trading. From my initial comment to you, don't take a trade for the sake of taking a trade b/c you think it's fractional disparity, I still can't fig that out it always works in the review mirror.
Your lesson for today - STOP trading every pair. Be selective! Highly Selective, in fact.
Ok. So basically no one has been profitable trading this method. Either people are interested and trying to start a conversation, or people are enthusiastic to help teach others who are not familiar with the method. But in the end, no one is really profitable with this method.
Xen11 - you have a E/U trade open, on the 1hr it's a fat M. Why are you even thinking long? You seem to have almost evey trade wrong, my suggestion do the exact opposite. See if you get better results. When you want to enter long go short, when short go long.
Actually I think I see what you saw with the trade. But do post your logic. Trading is about consistency, so if you are consistently doing something wrong then change it by doing the opposite. (Simple logic yet very hard to do sometimes)
Your FX book says you've only been right 30% of the time. If you review the trades, did the 70% that didn't work out, was it b/c you exited early? or were you just wrong on your bias altogether if so you know what you need to do to become a profitable trader 70%+ of the time. How many of the trades were Counter Trend vs Trend? How do the %'s look on those.
In the end all methods work it's how you approach the mgmt part of the game. If you are inconsistent with your entry and order mgmt you'll be wrong more then right. If you are inconsistent with your analysis then you will be wrong more then right again.
Forget the method for a min and review your stats thoroughly, your answer lies within.
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