DislikedPosting is just a way of nurturing and developing my ideas, exposing them for the benefits and scrutiny by others, improving them and keeping them for futrue references....Ignored
Well said keep up the good work...
The Not So Perfect but Perfect System 13 replies
HYBRID: trading system within a trading system 30 replies
The perfect trading system 3 replies
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Practice Makes Perfect Trading Championship Leaderboard 6 replies
DislikedYou posting made everything appear so easy. If you actually trade forex, you will know that price movement is not that straightforward. There are times when you have to wait for three days to get 100 pips. Fox example GBPUSD has been moving between 1.57820 and 1.57320 (50 pips) for the past 14 H4 candles (14 x 4 = 56 hours). I am still of the view that $1500 to $10800 is a little over ambitious. I agree it is possible to make 100% return a month, but the big question is "Is such return sustainable?"Ignored
DislikedMy posting is not to condemn your strategy, because the best strategy in forex is the one you developed on your own. Don't rely on others because you will bear the brunt/gains of your actions. Having said this, if this strategy work for you, I wish you all the best.Ignored
DislikedLet me re-emphasise that the purpose of this threat is to give readers sustainable, realistic and enduring ideas. Furthermore, this thread is not for those who are looking for get-rich-quick systems. What I normally advocate is a return of between 5-10% per month for beginners and increasing their rate of return over time. Improvement over a period of time is what I consider sustainable.
The above notwithstanding, you are free to share your ideas here!Ignored
DislikedYes, I know it's very easy to post a bunch of numbers that mean very little to nothing... but given this is in line with one of my strategies I post my first month results below. However, the time it took is just past 1 month by 4 days and I fell short of the 1800 target but not by much.
So when I posted those figures they are rough sketches of what I was anticipating. We all know the market giveth and the market taketh away so it was never my intention to make it seem or sound "easy".
yes absolutely... we are all competing against...Ignored
DislikedThis posting is for short term trading opportunities. A close above 1.58376, which is currently proving difficult to break, is the gateway to the top. Furthermore, our concrete zone for now is 1.56535 to 1.58376 (about 180 pips). If prices fails to break 1.58376, keep an eye on M15 for opportunity to short. Until the daily opens and closes outside 1.58376, the zone is still valid.
Happy trading!Ignored
DislikedThis is where we are at the moment. The current trend appears to be bearish. If the bearish trend plays out 1.56535 support will first give way followed by 1.55092 and finally 1.53411. If 1.56534 holds, then whe are back in our concrete zone. It is always useful to plan ahead.
Remember that the concrete zone remains valid until the next daily candle opens and closes outside the box (i.e. 1.56535 and 1.58376).
Happy trading!Ignored
Dislikedsome good stuff on this thread articulate. well done.
may i ask how well you have been doing trading yourself for the past year ?
i will read through the entire thread over the weekend.Ignored
DislikedWhat I will share with you is a possible Head & Shoulder on the weekly. The right shoulder is already in place around 1.60000, the head is on 1.63000....Ignored
DislikedWhat I will share with you is a possible Head & Shoulder on the weekly. The right shoulder is already in place around 1.60000, the head is on 1.63000. If the set-up plays out the left shoulder is expected around 1.60000 and the neckline is expected around 1.53000.
The critical step to validate this set-up is for 1.53000 to act as a strong support and send the current downward move from 1.63000 back to 1.60000. On the other, 1.53000 is critical to the cable at the moment and if this support fails, a freefall to the area in yellow below is a very...Ignored
Dislikeda person needs to conquer its own emotions: greed and fear to be successful in forex or anything that relies on one's own hands
greed: noobs think 50:1 leverage = faster road to riches
fear: money dropping faster than flies attracted to a lightbulb when it doesnt work outIgnored