Disliked{quote} Valesch, You are right that those stop levels are spot on and most of times his "live calls" do work out. He got those stop levels from multi-brokers' orderbook, which include Oanda and other brokers. His indicator used to get data feed from Oanda only, back in the days when it was owned and sold by Tarmo. Later the two of them updated the indicator to add data feed from other brokers. He is in the process of launching the upgraded version to the public, which he is not willing to disclose at current stage. Sometimes market makers do hunt...Ignored
Now that is an awesome post Pooh !
Very well said.. Succinct and to the point...no fluff...no bullshit..
(MMM I like this color..)
Truth of the matter is RR is everything in trading.. in fact IMO from my own years of experience and most experts agree... Long term profitable traders ..FT traders.. all have less than a 50% hit rate.
No magic Indis...
the magic is Trade management , cutting losers quick..adding to your winners and your exit..
Entries can be made with a flip of a quarter for the most part.
Any room can take a trade.. but exiting is where it's at.
its what changed my trading from failure to success..
anyways AWESOME post Pooh !
i think if anyone is a Harvard graduate ..it's Pooh lol
The Best Loser Wins
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