I guess not every trade will look as perfect as this one:
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
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...Ignored
Disliked
Anyway,
I still use Demark system with discretion. As I said, it's not only system, but your MM will bring the winner out of you.
Currently I see a sell in Gbp/Usd below 1.5290 for a near term target below 1.49 ( a possible H & S in making I think with a divergence in demarker indicator--chart attached)Ignored
DislikedMystic - please correct me if I am wrong, but after reviewing your chart it appears that you played a bounce off of the TD supply line and not a breakout of the demand line. Is this how you are using the TD trendlines now?
Thanks in advance.Ignored
DislikedGbp/usd target 2 achieved @ 1.4580---
Currently I see a long on Usd/Cad above 1.2215, SL below 1.2100 for 1.2400 & above---Ignored
DislikedAs I said before my friend, it's discretion--- don't forget in cable there was H & S formation as well around 1.53 level ( right shoulder top) along with divergences on Demarker indicator---just an example how to icrease the success probaility of your trade besides S & R lines---
GL/GTIgnored