Finally somebody with some common sense!!

You cannot expect a serious answer to your question from anyone. If it's your friend, why not ask him directly???

Is this thread actually supposed to help anyone??? If so, where is the advice? You're saying it shows that it can be done, but that's the problem, you're just saying it. I can't believe people waste their time reading this.

Take a look at this chart...

That's just a glitch within the platform most likely.

Can someone explain what is the reason for this thread??? Anybody can claim they can go from $10 to 100,000,000 in 2 weeks. So far you've "supposedly" made 920 pips in 6 days. Dude what are you doing on an internet forum? You should be a multi ...

Yeah, that's an interesting question. I'd like to learn a bit more as well about this.

Damn! That's a wicked chart!

So how exactly do target profits help you gauge when the move ends and the retracement begins? This is why discretion, instead of target profits should be used with this method, because only using discretionary methods you can get a rough idea when ...

Maybe this has been answere before, but I'm still having a difficulty understanding this system. The way you make money in my understanding is from a retracement after a move. So why not just forget about the hedge and trade the retracement only? ...

Here's a link to current qoutes over the weekend: url Hope it helps

I agree, awesome idea. Way to go!

It looked interesting until I saw this chart. How on earth can anyone make money in a situation like this?? Do you actually use this strategy?

Go to Insert, and Fibonacci. It's there

Speed lines..mmmm.. sounds rather illegal and addictive On a serious note, it looks interesting. I will read through the document, and hopefully learn something useful. Thanks for posting this!

I think mechanical breakout systems (such as Mouteki) may be unprofitable simply because not all breakout patterns work out. Some have a much higher probability of success than others, and that's why trading breakouts with discretionary rules ...

Great strategy you have here, just keep on practicing and getting used to it. Also, if you move the stop to breakeven after only 10 pips, it may keep you out of some profitable trades, sice yo may get stopped out due to some noise. It's just ...

That's good analysis, way to go!

A nice channel has formed on this pair. It looks like it's over extended, and perhaps we will see a retrace to the bottom of the channel in the near future.

I think you should start with no less than a 4 Hour chart, while a daily chart would be ideal. Good luck!