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General Trading Chat / Ideas

  • #8,861
  • Sep 21, 2019 1:08pm Sep 21, 2019 1:08pm
Quoting asgcorp
nice promo video of ICT. Claims to be trading 20 std lots, but it my books - this is either demo or mini lots. Never posted any TE (Myfxbook) with live stats. But still his minions will defend ICT relentlessly. pretty sad.
I do not know who this is. I just found a video, watched it and found it interesting. Instead of calling others minions and asking for myfxbook, if you think you are doing better than stick to your strategy, if not than tested it yourself and find out and let us know if it works or not. I have my strategy that works for me and I stick to that. Video looks interesting and if the guy makes money from that strategy good for him.
  • #8,862
  • Sep 21, 2019 1:25pm Sep 21, 2019 1:25pm
lol. You are excused, cause you obviously don't know who you are dealing with in that video. This is ICT, a well-known con artist, whose main source of income
is selling a flaky mentorship program. Apparently his charms still work on millenials and other poor souls.

PS: I got no problems with you personally and/or your trading system. I just can't stand this fake shill ICT, cause he got a bad rep.
  • #8,863
  • Sep 21, 2019 1:47pm Sep 21, 2019 1:47pm
Quoting asgcorp
lol. You are excused, cause you obviously don't know who you are dealing with in that video. This is ICT, a well-known con artist, whose main source of income is selling a flaky mentorship program. Apparently his charms still work on millenials and other poor souls. PS: I got no problems with you personally and/or your trading system. I just can't stand this fake shill ICT, cause he got a bad rep.
Looking at forexpeacearmy, his got 3.9 stars. Which tells me that he is in average/upper average positive reviews. I would say people that comment one star are possibly traders that failed with his strategy because did not understand, or were expecting holy grail but it is not there. I do not see anywhere that he's got a bad reputation, but possibly from people that were expecting holy grail, did not put time into practice and blaming the mentor. Here is a website:

https://www.forexpeacearmy.com/forex...forex-training
  • #8,864
  • Sep 21, 2019 10:11pm Sep 21, 2019 10:11pm
Quoting Techanalyst
{quote} Looking at forexpeacearmy, his got 3.9 stars. Which tells me that he is in average/upper average positive reviews. I would say people that comment one star are possibly traders that failed with his strategy because did not understand, or were expecting holy grail but it is not there. I do not see anywhere that he's got a bad reputation, but possibly from people that were expecting holy grail, did not put time into practice and blaming the mentor. Here is a website: https://www.forexpeacearmy.com/forex...forex-training...
Lol,, Im sure your memory will remind you of something ole friend ,, I dont particuly care for those tht charge foir what they learned ,, if they were trding well day in and day out they shouldnt really need too ,, but if one gets paid for their knowledge well tht is kinda how things work usually ,,, as far as the gbp ,,, or any pair for tht matter anything less than a daily chart just offers one a bit of a view and a refined entry to get in and make a few shekels ,, all well and good ,, a few averages or levels may even add a few shekels ,,,, as far as the gbp ,, lol,, just a few simple things one can put on a chart will give one areas or LEVELs to take a swing ,, look at a m15 200 or a m30 200 which is roughly a weekly average price gbp trying to take out a weekly high area ,, been above it ,, there was a projection ,,it was hit ,, now it has failed to hold it so far
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.

Course,, dont particularly care for the high rollers tht blow thru and point all to the light lol,no chart no nothing just the I know it attitude ,, usually the worst with the pretend fake knowledge ,ya know tht saying those in glass houses etc etc , one chart pretty much tells the story ,,sure you can put the pieces togather T ,, dire warning 2 months ago from well you will figure it out ,,2 months later ,,, yes 2 months still putting in new lows along with another thing many of the type like to chirp about ,, smart and dumb money ,, charts dont lie ,forget the bull shit ,,, ,draw a damn line ,, collect on to the next one same shit different day
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  • #8,865
  • Sep 21, 2019 10:43pm Sep 21, 2019 10:43pm
gbp ,, yep struggling abit here ,, wonder why ,,oh,,, yep drew a dam line , it is a previous low area ,, was a projection hit ,,,, makes a bit of sense now ,,,, what happens now ,, well in about 15 hours or so the chess match starts again ,, there will be pieces present themselves to put together,,and tht daily chart will get levels just like a minute chart ,, piece em together draw a damn line collect ,,on to the next one
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  • #8,866
  • Sep 21, 2019 11:06pm Sep 21, 2019 11:06pm
Hmmm wonder where it goes 1st if it cant hold up here ,,,, ,,the last thing one does is take anything seriously anybody says,,,, its the internet ha I know everything is true lol,, ,,,,,especially the high rollers ,, but every one of ya can draw a line and use a few simple things to add to to the bottom line ,, and,,,, all can look at a chart and see what happens and who said what ,and in so doing well you know ,ya may even run across good ones tht are just automatic fades when they come a chirping lol,,,,,, hope all enjoying the week end ,, 14 hours away from ding ding ,,
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  • #8,867
  • Sep 21, 2019 11:47pm Sep 21, 2019 11:47pm
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ex nihilo
  • #8,868
  • Edited 11:18am Sep 22, 2019 10:47am | Edited 11:18am
Quoting digger1
{quote} Lol,, Im sure your memory will remind you of something ole friend ,, I dont particuly care for those tht charge foir what they learned ,, if they were trding well day in and day out they shouldnt really need too ,, but if one gets paid for their knowledge well tht is kinda how things work usually ,,, as far as the gbp ,,, or any pair for tht matter anything less than a daily chart just offers one a bit of a view and a refined entry to get in and make a few shekels ,, all well and good ,, a few averages or levels may even add a few shekels...
I don't know how we went from talking about a video to GBP currency but whatever. Like I said, the guy in the video I have no idea who he is. I was looking at the video and found it interesting and shared it. No one has to watch it or take any courses or whatever. I remain bullish for gbpusd for now.
Either way everything in trading is just probability, and the strategy that a traders gets use to and of course that brings profit month to month basis. Of course with money management. Also in currency trading, you have to adjust all the time because it is not as easy as it was before recession in 2008.
You have been sharing charts i guess it's good for people that are still learning and follow you. But you never post where you actually take a trade with SL and TP like I do for example. Should we assume that you're no good either? Absolutely not, people can try your strategy and see if it works for them or not. For example me looking at your charts posts makes no sense to me whatsoever. Lines all over the charts. But that is just me, it works for you and will work for some traders but not all. Same thing in the video it can work for me but possibly not for you. Some people share knowledge for free and some charge for it. Plain and simple. Trade safe.
  • #8,869
  • Sep 22, 2019 11:23am Sep 22, 2019 11:23am
Well its nearly that time again... Charts ready set go!
God speed
Turn your wounds into wisdom
  • #8,870
  • Sep 22, 2019 12:51pm Sep 22, 2019 12:51pm
Quoting Techanalyst
{quote} I don't know how we went from talking about a video to GBP currency but whatever. Like I said, the guy in the video I have no idea who he is. I was looking at the video and found it interesting and shared it. No one has to watch it or take any courses or whatever. I remain bullish for gbpusd for now. Either way everything in trading is just probability, and the strategy that a traders gets use to and of course that brings profit month to month basis. Of course with money management. Also in currency trading, you have to adjust all the time...
the video was on the gbp,,, no biggie bud ,, several charts just like yours from platform ,, pain in the ass moving shit around to do it ,, one can look ,, have a great week T ,,, bell a ringing soon as bk said ,, nothing too far away from where it closed other than usjpy a bit of a gap up atm so maybe gold down at open ,,, but its an hour away yet gbpyen a little gap up atm which may help the ole gbpusd a bit ,, have a great week all .
  • #8,871
  • Sep 22, 2019 1:01pm Sep 22, 2019 1:01pm
Quoting digger1
{quote} the video was on the gbp,,, no biggie bud ,, several charts just like yours from platform ,, pain in the ass moving shit around to do it ,, one can look ,, have a great week T ,,, bell a ringing soon as bk said ,, nothing too far away from where it closed other than usjpy a bit of a gap up atm so maybe gold down at open ,,, but its an hour away yet gbpyen a little gap up atm which may help the ole gbpusd a bit ,, have a great week all .
Ok. Either way i don't want you to think i was being rude, i like sharing ideas and you have my full respect. You are a good guy and trader. Little discussion is always good. Trade safe.
  • #8,872
  • Sep 22, 2019 1:15pm Sep 22, 2019 1:15pm
Quoting Techanalyst
{quote} Ok. Either way i don't want you to think i was being rude, i like sharing ideas and you have my full respect. You are a good guy and trader. Little discussion is always good. Trade safe.
no worries bud ,, if one was curious as to what happened the rest of the day tht video was from and what a pattern and drawing a damn line does for one ,,,, well there it is whether its a minute chart or a damn daily ,, they all play the same ,,,lol
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  • #8,873
  • Sep 22, 2019 1:23pm Sep 22, 2019 1:23pm
on a m30 it looked something like this do believe one could say the ole m15 200 failed at tht point ,, and it went to the next level ,, the ole m30 200 ,, or a rough weekly average price where it did exacftly what mkts always try and do ,, till it doesent , its there again ,,, nothing more nothing less ,,
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  • #8,874
  • Sep 22, 2019 1:27pm Sep 22, 2019 1:27pm
and currently ,, not the bounce it had the previous times from there ,, one might see it didnt hold it,,, some help just a bit lower ,,,, if it needs it ,, but being below it ,,, one has to be a bit careful ,, it burned thru some shit poking the highs it did poke ,,, may need a bit of a rest lol any way ,, great week to all
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  • #8,875
  • Sep 22, 2019 1:33pm Sep 22, 2019 1:33pm
Quoting digger1
{quote} no worries bud ,, if one was curious as to what happened the rest of the day tht video was from and what a pattern and drawing a damn line does for one ,,,, well there it is whether its a minute chart or a damn daily ,, they all play the same ,,,lol {image}
Got it. But looking at the history, he was right. The buy trade did work on 1 min chart.
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  • #8,876
  • Sep 22, 2019 1:41pm Sep 22, 2019 1:41pm
Quoting Techanalyst
{quote} Got it. But looking at the history, he was right. The buy trade did work on 1 min chart. {image}
Just a way to use the volatility around a session open time ,,, nothing a matter with tht,,, a few shekels to be made for sure ,,one just needs to remember the bit bigger picture is all ,and I do believe he did say tht ,,, the orange was his bigger level , so really not much said tht warranted what was said about the vid tht you posted was all I was making a point about,,he chooses to make a little for his knowledge ,,, more power to him ,,, small charts one can use to make a few with the levels the bigger charts have given one to work with ,, they were scalp trades tht was said tht was noted
  • #8,877
  • Sep 22, 2019 1:56pm Sep 22, 2019 1:56pm
there is several of them kinda trades everyday,,, every week ,, it is a chess match,,,, it takes them to make the patterns tht in turn cue one in to what a bigger chart will look like ,, top down,,,, bottom up,,,, tht simple fact lost on many,, and it will never fit into a,,,, "system " ,,,,,as said several times ,, eventually all will be right ,, dont pay well not doing it with the mkt tho
  • #8,878
  • Sep 22, 2019 2:12pm Sep 22, 2019 2:12pm
guys been going over some shit have decided scalping is of the menu its not a respected time frame within the industry and any flash crash will wipe me out. Im looking to open live in near future possibly November i need to stop making mistakes first lol Time frames i have settled for are weekly daily h4 entry i think i can get away with 30 to 50 pip stop on most pairs Im starting with a £3000 account risking 00.3% per trade so £9 in cash. I will close account if ballance drops under £2000 so it will give me over 100 trade window for evaluation. is there anything im missing? for risk management or anything i should consider adjusting ?

Banked the EA i had free from last friday on open
Turn your wounds into wisdom
  • #8,879
  • Sep 22, 2019 2:20pm Sep 22, 2019 2:20pm
deffo near support euro chf daily and h4 might be worth watching
Turn your wounds into wisdom
  • #8,880
  • Sep 22, 2019 2:32pm Sep 22, 2019 2:32pm
Quoting Bk55
guys been going over some shit have decided scalping is of the menu its not a respected time frame within the industry and any flash crash will wipe me out. Im looking to open live in near future possibly November i need to stop making mistakes first lol Time frames i have settled for are weekly daily h4 entry i think i can get away with 30 to 50 pip stop on most pairs Im starting with a £3000 account risking 00.3% per trade so £9 in cash. I will close account if ballance drops under £2000 so it will give me over 100 trade window for evaluation....
lol,, some shit ,, long term short term ,, price is above some shit or below some shit ,, whether its weekly or monthly or a hourly or a min ,, usually things not respected by those who cant do ,,,,,,,really,,,, how well respected is the industry as a whole ,, it is just a necessary evil in how things get done financially across the world , thanks to a bit of advancement in technology a normal person has a chance to participate a little easier than before ,, why one would give a shit about what the industry thinks is beyond me ,,, but good luck in what you decide , and lots of green to you
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