what's the title of the book
Thanks in Advance
Automated trading: $200 to $100K in 1 year 27 replies
friend wants to leave 100k, for 5%, riskless profit. 35 replies
Turning $250 into $100K in one year??? 11 replies
DislikedThanx mysticgenie, now its working right!
Btw what the difference between red and blue downarrow signal on your gpb/nzd 4h chart?Ignored
DislikedThe red arrows my entry & exit points (i.e., down arrow= sell; check mark= exit; up arrow= buy)--- The blue arrow is put by the indicator when the trendline breaks, but be careful of fake break-outs as in this case when a pair is ranging---
GL/GTIgnored
DislikedHi Folks,
It may sound impossible, but I turned 1k usd to more than 100k usd (126k to be precise) in a wk---I am attaching the statement from my real account (after removing the account no. et al.)--Caution to newbies, please do not trade this way---I call my this account 'wild thing' which boosts my overall return---I trade another account conservatively as per proper MM---Btw, I did the almost the same thing last mth as well turning 400 usd to 60k within 2 wks---with some experience in forex trading & a decent trading system, I believe, this feat achievable atleast few time a yr---afterall, I am only risking 1k of my capital (rest is house money).
Next time, I'll discuss how I manage this kind of trading, although the statement is pretty much self explanatory---
GL/GTIgnored
DislikedThe red arrows my entry & exit points (i.e., down arrow= sell; check mark= exit; up arrow= buy)--- The blue arrow is put by the indicator when the trendline breaks, but be careful of fake break-outs as in this case when a pair is ranging---
GL/GTIgnored
DislikedMystic,
Do u go to short time frames to enter the trade? like M15 ? or just H1 ?
I use the Laguerre Indicator with Imran technique for a while, and i´m just trying to understand how u trade.
I see this DEMARK indicator is almost the same of FRACTALs from Bill Williams. I will ready more about it.
ThanksIgnored
DislikedIwant to commend that you have attainded a great feat.Therefore, I desire that you let me into great secret
thanks
best regards.
JonathanIgnored
DislikedBesides the the book mentioned, The New Science of Technical Analysis, and two others TD authored, you can find many articles in major trading magazines.
One such article covering TD Lines was in Currency Trader Sept 2006. Do a web search and even try searching here in Forex Factory. I believe someone compiled a list of previous editions of Currency Mag.Ignored
DislikedHi Folks,
It may sound impossible, but I turned 1k usd to more than 100k usd (126k to be precise) in a wk---I am attaching the statement from my real account (after removing the account no. et al.)--Caution to newbies, please do not trade this way---I call my this account 'wild thing' which boosts my overall return---I trade another account conservatively as per proper MM---Btw, I did the almost the same thing last mth as well turning 400 usd to 60k within 2 wks---with some experience in forex trading & a decent trading system, I believe, this feat achievable atleast few time a yr---afterall, I am only risking 1k of my capital (rest is house money).
Next time, I'll discuss how I manage this kind of trading, although the statement is pretty much self explanatory---
GL/GTIgnored
DislikedHie Mystic!
Thanks for the indicators posted. I have traded using demark indicator only and my account grew 16% starting from 27 November trades. open 3 lots per pair. Trading 9 pairs now. take profit set to 3 different targets set by the demark indicator. my SL for short is the previous Highest High and long is the previous Lowest Low.
AUDUSD 80 pips
NZDUSD 262 pips
USDJPY 13 pips
USDCHF 287 pips
EURUSD -73 pips
GBPUSD 498 pips
GBPJPY 135 pips
GBPCHF 126 pips
EURJPY 541 pips
Not bragging about results here. just to inform that simply by trading the demark indicator only its possible to make this kinda pips. Couldnt attach my HTM file here...wonder wats wrong with it....Ignored
DislikedMystic G,
Seemed you have many positions open at the same time. May I ask what kind of computer do you use and How many monitors attached to?
Thanks,
SZBIgnored
DislikedSo far what ever I did I lost money. Would you please share your system with us. Thank you.Ignored
DislikedMG -
I know you're a busy guy, but I second the call for an explanation of how you use Keltner channels. Also, how does James16 price action fit into your trading? It sounds like you use PA on longer timeframes to identify high likelihood price movement, then drill down to a tighter timeframe where you use Lag and Demark lines. Is this correct? Do you only take trades with a PA, or is that discretionary?
Has anyone else had success with this yet? Automan - were you using just the Demark indicator or did you filter it with something else? I'd like to build a coherent trading system from these disparate parts and apply some risk analysis to it.
DZIgnored