- Search Forex Factory
- 47 Results
- Pro Trader replied Oct 26, 2013
First of all I would like to say I have paid my dues to OTA. I done the full forex course including XLT which continues for life. BUT, I still had my issues with emotions & confidence. I still had questions that were unanswered fully. This was not ...
- Pro Trader replied Oct 25, 2013
Im a member of the private group too. All I can say to those who don't agree with what Alfonso has done, please leave this thread out of respect for those traders who wish to continue with this thread regardless of what's been said. There is no ...
- Pro Trader replied Oct 25, 2013
Couldn't of said it any better.
- Pro Trader replied Oct 24, 2013
I can answer your question very clearly. The differnece is undivided support to the serious trader who learns the rules given for free but still need confirmation & time to learn from fellow traders all following the same strategy. If your making ...
- Pro Trader replied Oct 21, 2013
Yer your right. I only done it this way to clearly see the new weekly trend supply just formed or the coloured boxes would overlap. Did'nt want to confuse the weekly trend supply I was basing the trade off.
- Pro Trader replied Oct 20, 2013
Hi here is my analysis following Alfonso's rules. There are two possible setups. 1. monthly/daily - We have to wait for fresh & original supply levels to form to short. 2. weekly/240 - Weekly demand was taken out by a few pips & we are back into ...
- Pro Trader replied Oct 16, 2013
Here's a possible short in the eurcad for this week following the Weekly/240 swing trading rules. image image
- Pro Trader replied Oct 16, 2013
Hi esanjayplaye. This is a private indicator I use for confirmation of certain levels but to be honest its not necessary. If your confident & understand supply & demand as well as Alfonso then no indicator is needed. In fact its more of a ...
- Pro Trader replied Oct 16, 2013
I also add to my position this way. Then let em run managing on the way to final target. This is done as a number 3 - location & momentum trade only for me.
- Pro Trader replied Oct 16, 2013
I strongly believe you will never have a best exit strategy as the markets always vary to some degree. The true question is which exit strategy can you emotionally stick too? Consistency is key. Forward testing is the only answer.
- Pro Trader replied Oct 16, 2013
Well its going good so far. I find it easier on my emotions which is another step in the right direction. Early days at the moment.
- Pro Trader replied Oct 16, 2013
I used too, but now I leave it where it is until another level is created then move stop as per trade management. This is something new which I am currently testing.
- Pro Trader replied Oct 15, 2013
Yep 50% two targets is what I use. Remember this was just an example of how I take targets & manage trades. My point is what ever you decide...You have to give it a fair test for a few months without tweaking or changing take profit plan. There is ...
- Pro Trader replied Oct 15, 2013
Hi Irad. Good analysis by the way. First I would like to say that I believe Alfonso will make a video in the future regarding profit taking, targets etc. This is the hardest rule to apply as emotion plays such a huge part to depending on previous ...
- Pro Trader replied Oct 15, 2013
Hi to all who follow Alfonso's thread. Here's a nice 240 demand zone setup that's about to hopefully take place next few hours. I will take 2 positions (20 pips each) with 1st target at 40 pips profit & 2nd target 100 pips profit. Overall at 3.5 to ...
- Pro Trader replied Oct 13, 2013
Yes there was. Alfonso sent out an email to register & a link to view after recording. Very good webinar on the whole supply & demand multiple time frame analysis.
- Pro Trader replied Oct 13, 2013
Yes you should, however if im into monthly trend supply & bouncing from weekly location supply this negates any lower time frame trend line. Just my own personal rule. We have also got a new daily supply too (Daily supply in control). I will short ...
- Pro Trader replied Oct 13, 2013
Hi wllen. Spot on with this level but you really need to show multiple time frame analysis as where are we on the bigger picture curve? i.e 240 chart = weekly chart curve as per Alfonso's rules. Would be nice if you downloaded the indicators so your ...
- Pro Trader replied Oct 11, 2013
Hi traders. The eurcad setup from early this week has now been stopped out. Im getting large time frame divergence signals that this pair is ready to drop but I will wait for daily price to dictate when I can enter again. No trading on fridays for ...
- Pro Trader replied Oct 11, 2013
Hi Mortimire. Im too an OTA grad. Did you do XLT?