I agree he has never made an EA but what do you mean by "a fractal is not a fractal"?

What time frame do you use to take a trade?

What time frame do you use to take a trade?

Wab and alligator.......thank you for your replies. Very much appreciate you both sharing how you are succeeding.

Question? — How many of you are trading BW's method in a live account and consistently making money? Also to those that reply......what time frame do you use that has created the consistency? Thanks.

How many trades do you get in a week or month trading daily's and how many pairs do you trade? Do you say have 3 or four trades going at one time and do you add on positions as Bill suggests?

That would be a valid trade. The exit would have been the top of the bar below the #1 bar according to Bill's rules but I personally would have place a stop 1 pip below my entry after a couple of down bars. I play things very tight and since I like ...

ScalpOrDie......do you only trade daily's?

Oh, I agree, I mainly use them on 2, 5, and 15 min tf's.

Here is an example of what I am talking about. As you can see there are 3 valid fractals above the red line. I have had much success taking the 3rd valid fractal above the red line or below if it is a short.

Depending on your interpretation of wm1 it may not actually be a valid signal if it below the red line on a long and above it on a short. It is used in conjunction with a bdb in the "gambling stage of Bill's method. I am having more success and more ...

Do you always start at WM1? Do you add on with WM2 or WM3? What time frame(s) do you use?

What time frames are your charts?

When do you interpret wm3 donfriday? How many pips are you scalping and how many wins versus losses? I think 15 min tf's are great and I would like to refine my trading consistency using them.

pmacbrian..........by all means I would suggest to go. I've used his home study course for 12 years and bought the updated one in 2007. I then went to the private tutorial with Bill and Justine in March of 2008. Well worth it and Bill is just a ...

Star, its a simple moving average set at 5 with a displacement of 3,

BW has traded the daily's with the currency market. He recommended to me to use higher time frames. I've used 4 hr and 2 hr time frames. I like 2 hr time frames the best. But when I am in front of the computer and trading, I like to use 15 min time ...

Thanks for the clarity. That's what I thought you meant. I like it.

Sounds good. Would you mind putting up a few charts as examples? It doesn't matter what time frames you choose. I would like to get very clear on the location of the bars you identify as a Thumb signal. Thanks.

That sounds good. I do have a live chat site at my signature below with a BW trading room if you are interested in talking there too. Its free to join. I'm just looking for other successful BW traders to make some money with in the forex market and ...