Trading for a living

That was awfully kind of FX-Blitz to do so much work for you in turning your one trade into a system.

And I thought I shouldn't be worse, if only to show you that what are screaming for has been right under your nose, but that you have been too busy being a spoiled brat to notice.

Thtpro showed you many years ago, and now again, a perfectly viable and profitable way of trading GBPUSD on the 30m minute chart. Too much work, or something, as you didn't seem that appreciative.

I mentioned that I use Renko charts, which you dismissed immediately, clearly stating that you weren't the least interested.

So I thought I should ask my favourite AI assistant what the optimal Renko brick size would be for day trading GBPUSD. Answer: 6 ticks.

What's the best chart setup? Answer: EMA20 and a 6 ATR Keltner channel around EMA50, and setups are defined in terms of those.

What's the best entry-trigger? Answer: Three bricks of the same colour in a row. Which is more or less the same as a 2ATR SuperTrend, which I've added to the chart.

And then I've made an addition of my own in addition to the AI suggestions by adding the True Strength Index with standard settings to filter entries.

I also asked the AI bot about backtesting, capital requirements, etc. Short story: 10 KUSD, risk 1% or 100 USD with a 15 point stop. Hit-rate should be a least 65% with professional execution. and Profit Factor 2.14-3.19. And that's without the True Strength Index. So perfectly possible to make a success of with prop firm funding.

Anything else you need?

Not a research report length document with all the details, so maybe still not good enough for you, but I hope you will be able to add the independent thinking needed to turn this into something that works for you.

As you can see in the chart below, October so far would have been very profitable.

Ahhh we're all at it lol

Seen as I've prepared it, I might as well publish it

SP500 Index - SP500 TRENDS and corrects nicely, other markets are more irratic! So beware if applying on other markets

This is WEEKLY time-frame

This is a very simple moving average strategy - The moving average is a DYNAMIC moving average which means it ADJUSTS itself based on 52 week volatility

Simple strategy is to go LONG and HOLD when RED turns to GREEN and trail up a stop until stopped

You get more bang your buck by buying on DEFINITE bullish signals when price BOTTOMS when the Indicator is still RED - but the win rate reduces slightly due to 1-2 false signals in the MAJOR BEAR markets (They tell you you can't time the market lol!)



The real trick is knowing when the major bear markets are due and for how long, then you can avoid the false signals, but that is a whole other ball game

What happens is markets MOVE as you know by now in trends caused by cycles - those cycles work within set factors of volatility and when COMPLETE, the volatility changes higher - So when you have a 2-3 YEAR bear market, once that Indicator turns GREEN, you know its GAME ON for multi-YEAR rallies/increasing prices to some degree, where you can buy the pullbacks/dips or breakouts!

Obviously when the Indicator is RED you can short the rallies or breakouts too!

All these techniques would be totally useless if markets were random, as they are not, we can devise any type of method/strategy that simply follows price direction

Beats guessing doesn't it

EDIT - This is a UK stock I traded in the 2010's - WEEKLY time-frame, I traded it on the DAILY chart not shown

As you can see it was NOT in a bull trend, it was a trading range over many years
I've noted some [not all] trade opps

Again same principle - we want to be BUYING to definite bottoms when the Indicator is RED and buying the dips when GREEN




This is why knowing the CYCLES are Important

I posted this chart on page 2

See how Important these cycles are - When BOTH the CYCLE bottoms AND price are in the RED = ULTRA high probability turning point, then you look for signs of the reversal

When WEEKLY stocks turn like this they move many % - ALL these up and down cycles moved over 100%, which was how I was able to generate high triple-four digit % returns per YEAR in the 2010's

This is just the cycle chart - PS the RED cycle line is on the cycle chart BEFORE price, so you KNOW in advance price direction! Which also increases CERTAINTY

again if prices and market were random, we'd not be able to do this

Hi Medici. Thank you for your feedback!

I already wrote to FX-Blitz that I appreciate his posts and didn't want to dismiss his suggestions and approaches, just as I didn't want to dismiss your Renko approach. My problem is that I feel overwhelmed by too many different approaches and don't want to fall back into system-hopping mode. I'd like to be able to focus on one thing, such as the ORB approach, which I personally really like, matches my style, and is understandable to me. I like clarity and don't want to trade based on gut feeling, like the example of my manually placed trade last Friday.

I've mentioned several times that I haven't been able to trust my skills as a chart reader so far and that this is difficult for me. I feel like I'm just wasting more time doing this, which ultimately wouldn't lead to anything. The way it's being thrown at me here doesn't allow me to create a clear daily routine with clear rules, nor would I know how to objectively backtest this rather subjective chart reading to test the all-important positive expectation mentioned here, at least based on the past.

I also find it difficult to even see who I can trust here and who knows what they're talking about. FX-Blitz has been registered in this forum since May 2025. You yourself said that most people here, or anywhere else in the online trading world, have no proven success.

Your quote: "And you advertise for the few winners to come forward and support you."

How do I recognize these "few winners?" Where is your profitable track record that classifies you as a profitable trader, or even as a trader who can make a living from it? Where is that track record from FX-Blitz or other people who give me advice here? No trade explorers, no charts over a statistically significant period that prove such successful trading showing all trades from entry, stop to exits following a clear defined trading plan/strategy.

I apologize if I seem arrogant or disrespectful. I'm just desperate, and I think a thread like this really doesn't do me any favors if it only leads to being bombarded with tips and advice from dozens of traders who have proven no success to document. These tips and advice might not even be suited to my preferred trading style, and the resources available (like time and money) and especially aren't geared toward achieving a clear minimum goal within my desired/required timeframe anyway.

Wishing everyone a successful day and a good week.

Yes, you need only one approach, which is what I have provided you. Something backtested and solidly profitable. I thought I should give you what you ask for


So a backtested system that works very well, and a lot better than ORB ever will, in order for you to "have less pressure". Also, it could be automated if you like. And you wouldn't have to worry about whether I make a living from trading or not. You can just verify the profitability of the system for yourself.

Yes, it would mean having to learn something new, which i thought wouldn't be too much of a challenge for somebody who already "knows too much." And that it would be worth the effort considering the challenging living circumstances you are facing. But how do I know there's any truth to those claims?

But if it doesn't suit you, that's ok. I had fun putting it together. In any case, best of luck to you.

https://www.tradingview.com/script/u...-vv4-06-30-25/

You mean that?

For example, but oh yes...regardless of ORB implementation. And the one on your TradingView link had a losing month. Not allowed by your criteria. You'll have monthly income with what I propose. But don't take my word for it. Backtest it.

I see you are still looking for the holy grail pal.... it does not exist. But but but this might suit you

Its a bit like me '' simple as Fuck '' but it works bloody well. It might help you, it might not. I'm thinking the latter coz you gonna spend the next 10yrs picking holes in it.

Anywhoo its a bit zoomed out so scroll in... Pink lines = Daily Liquidity grab
Green lines = Weekly Liquidity grab

So how to trade it....... Once you identify the liquidity go to smaller tf, 4hr, 1hr and 15min to find entry

Only sharing it with you coz u do seem like your'e putting in some effort ..... Anyways, good luck

But dont waste the next 2 or 3yrs of your life trading and Chasing a Dream

PS and just before i go. see if you can spot the liquidity were now in..... SO WHAT DO WE DO NEXT == look for a pullback to go long to the next higher liquidity which should give you 150pips give or take

I know it's probably unrealistic to achieve a consistent minimum monthly return, and most traders probably have months where they aren't profitable. That would be fine for me as long as it's at least profitable quarterly. That, too, is probably difficult to guarantee? I just don't know how else to approach the whole thing, to make a living from trading if you don't have enough capital to bridge prolonged periods of drawdown and non-profitability.

In my freelance business, I also have fluctuating income, but here I can much more easily assume a certain minimum that I will definitely achieve, since it depends less on my performance and the markets than on my working hours getting paid by clients. Or in affiliate marketing (what I also do but is not going very well anymore), I know that if I generate X amount of traffic, I will generate X amount of minimum income from it.


Could you elaborate on that?

Because I trade futures rather than spot, I don't have access to that much data for backtesting. But this kind of system I traded about 15 years ago. Hit-rate was about 80% and reward:risk 2.5-3. Yes, the holy grail. i was working half-time (plus) at the time, but my trading partner made six figures a month for more than two years. Then the fx markets slowed down, and I moved to index futures, and so did my trading partner.

The markets are slower now, but the same swing/cycle structure prevails, as Thtpro has tried to show you. Which i why I am convinced that the results of my brief backtest will extend over larger sets of data.

So I encourage you to go ahead and backtest what I proposed. If you do, let me know how it goes.

its been some days, I like the input around. I believe I might be able to meet the checklist, but honestly I feel so low rn thinking unknowingly I believed FF to my my home, 13 years yet I always speak like yesterday. I feel terrible looking at people making fool of each other just because they are feeling good about it. I am owning my truth, the reason behind my first account was revoked is because after loosing, I found a new term EA, downloaded it from a garbage ran backtest on mt4 it gave results beyond imagination (SHIT IN CAPS) it looked drooling to eyes I posted it on the commercial section nobady cared if I had lost all my money fewdats back I tagged it for $5 dumb people would buy and I made close to 150 before I was banned. 2014/2015 observed 2016 a breakthrough HH HL, I got so excited I posted it as a system FX Dynamite but how such a simple thing can be profitable else everyone is not stupid to be not looking it 2017/18 moved for graduation to another city. I was able to make some whenever needed by 19/20 end I was in job, I had always confirmed it to myself for once or twice this thing can be done but not again and again, I met a person through strange circumstances the man behind possible TE. That was the first time I had experienced what money and power is in real life. He made be break my mental barriers in strange ways, with his real world knowledge on how money actually works he helped me with risk management when I put together everything I’ve learned so far and understanding what money management is for real, 2021 this was the breakthrough moment of my life damn this thing is not random, if things are setup properly one can never go wrong adhering to the management. If I had failed with the POSSIBLE TE I must not be around I was in a positive mindspace I was staying at a penthouse. Once I closed it. Since then I am able to manage my needs, but J had always decided already to never get this deep into it it’s not worth it but the real money in play catered all my immediate needs that I felt comfortable quitting my job, I started realising I’m betting on my luck more, I started losing sense without a job it’s all energy, the subtle moments the doubts the frustration but why even after making it with such a big TE ? Because I started feeling caged I am npt someone who can be caged, I know by doing it can be done but you cannot talk to anyone like you can having a job, nobody around me knows about forex, but everyone is talking about trading having made it in real I had understood what trading is for real, Forexfactry is for some reason give me the feeling of professionalism since everyone around knows this shit you can’t fool around if you are not sure what you are talking about. I started disagreeing many based on my experience then the universe and life showed me in subtle clues what it’s really is, a man made system to generate wealth for THEM. I went to the back office of my broker for real to know the faq is all about, I wanted to break free. No friends can’t relate tk anyone and I could see through peoples bullshit. If it was a one time thing based on luck ? The man behind this has been extremely supportive throughout. He doesn’t need convincing up until the Possible TE it was him who trusted me with money before I could ask for, around that time when we both were staying together he was diagnosed with kidney stones and had to be operated ASAP his family were in another city, he just put my name on the form as immediate contact it’s not a big deal nothing is from my words but behind it the emotions can melt diamond without touching, I NEVER post on FF if I’m not sure what I’m talking about. I have been suicidal and depressed one of the reasons was a heartbreak few years back and another being caged no matter how much you made you’ll be caged in your mind forever till it keeps happening on luck by chance. I am able to make end needs, but once I had experienced this I wanted to do it again as it was so easy in the first place if I stop making it sound so. I wanted to know everything. It was not about money or career anymore I have always been a free soul until after POSSIBLE TE. I ft caged like chocking every moment but not dying. I knew it can be done but what if things goes wrong and to figure out what if things go wrong, I WAS RAPED BY LIFE FOR FOR YEARS IN MANY Mysterious ways. Until sometime back a subtle thought I believe it to be GOD, cleared all my doubts in a moment when I was so close to giving up, making money to someone is also like a job they’ll enjoy have fun like people around ff yet you have to go through the emotional roller coaster of market. I would have shot myslf by now if that moment has not appeared in my life that looking at charts and trying EVERYTHING there is yet still be caged ? Fuck no ! I got excited again. Up until now all my previous tests it was doable that I would never advise anyone to even consider. It would just happen. Forex was never about money to me I always wanted two outcomes either it set me free or I don’t want to do it. The godly moment appeared when I started with the CURRENT test te, starting balance 35k, took big lots overleveraged and everything a novice would do till the margin call appeared with 6500 and I felt for the first time I figured it. But now The battles I am at is not with anyone just myself so I decided to risk all my credibility since start and started updating my actions based on momentary basis to journal it all. I feel homecoming at this moment. My words might sound professional to some but it’s only to hide my raw feelings and emotions. It wasn’t easy nor I ever dedicated my life to it, series of events and situations unfolded based on my intentions. I would not have said this before I started with the CURRENT test but now I feel there was no cage ever in the first place, I am very difficult to accept anything if it’s not for real yet. For the first in my life, I’m starting to sense whatever and everything that has happened so far forex has set me free for life. Now I know how to do it again and again. Every word I’ve spoken in my life not just around here has come straight from my soul if there is one. I am more curious that you to see what happens and I’m rooting things to erupt like it always does, but it hasn’t yet. My fears are no more in control of what I speak now, slowly but this is what I always ever wanted this feeling.

Yet people would buy $5 shit EA from a dumb but never appreciate the honest effort over a decade of valuable experiences. I can live with this though ! FF is the place for validating my truth to myself I’ve become a weird person right now sometime back I felt sad about it but now looking the world I could not be more grateful for the universe in protecting me in so many mysterious ways from so many evil! One wrong/impulsive decision could have trapped me forever. Right now I feel I’m just coming back to life. I can start building everything I want in sometime.

I am an average guy who just don’t like to take orders from anybody nor he thinks someone can decide his fate just because they have some extra money.

Not sure if anyone reads it but just poured it out of my soul. I need to find other ways as well to let these unrest unsettled emotions for over a decade pass smoothly.


Also trading has less to do with charts but everything to do with uplifting yourself I had realised it long back but now I sound fake to myself whenI try to uplift someone as honestly I don’t have much left in me. I will slowly start putting work on healing and moving forward. I might have bern there always to uplift a soul yetI found no one when I needed. Yet some mysterious forces has done its job in uplifting me in a way I can’t go down from here ever, If it still for any reason. I WILL EMBRACE IT!

Here's some further elaboration: Your gift had a marvellous day yesterday with more than $250 profit per contract for less than $100 risk in the afternoon, and even better in the evening.

Simple as fuck nice name and a real one. Simple as fuck !

Thanks. I first need to get an overview of Renko charts. So far, I've only used traditional OHLC candlesticks or bar charts.

What I understand so far about Renko charts:

Potential Advantages

- Simplified trend identification
- Noise Reduction
- Clarity and simplicity

Potential Disadvantages

- No time information
- Loss of highs and lows
- No volume data
- Lagging Signals

I've looked at the chart example you posted ("a perfectly viable and profitable way of trading GBPUSD on the 30-minute chart"), but I can't yet tell where the corresponding entry signals/triggers are. I'll take a closer look and try to mark them on you chart example and re-post it.

Additional questions that come to mind:

If the signals where trading decisions need to be made are independent of time (unlike, for example, the ORB approach), how can I trade them if I only have a limited amount of time available each day, or if I don't want to spend more time?

Example: As you say, I get signals in the afternoon or evening, but I'm not actively in front of my chart and therefore can't profit from them. How does that help me?

Solutions I can think of:

- I set the time myself (e.g. Maximum first 3 hours of the London or New York session) where I can trade all the signals the strategy gives (so as not to cherry-pick).
- I'll find a way to automate such a trading strategy, from identifying all valid signals according to its rules to executing entry and exit orders (regardless of time).

Furthermore, this would mean: If I only had a certain amount of time available each day for manual day trading, I would only have to isolate signals during that time to verify/backtest whether such a strategy would still work to achieve my goals, rather than taking ALL daily signals for a specific chart's timeframe (e.g GBP/USD 30M)

No this would be harmful in my opinion, In 15 minutes line chart price never changes direction you have to THINK from a perspective, if you were to run the market where will you can load maximum numbers of buyers/sellers and kind of rug pull. Be EVIL infront of chart. That’s a reason nice people always finish last the market knows it. NO SIGNAL will give you an entry you can profit from, on a uptrend if you get a single to go short that might be a good higher low. Signals are like waiting for the day when all traffic lights are green. Use it to your advantage don’t do what it looks like at any moment contradict it. Forget Newyork/London Allign your time with Ukrain/Kiev time ! All valid signals are wrong they are actually signals for lp and brokers to be happy because more than 70 percent of retail would consider it a valid signal.

since you talking about renko, I have tried it but it takes lot of technicalities in place and extremely heavy on load, you want to build a house but at the same time you are worried about the fuel in a nuclear reactor. Not similar I guess !

A word or two on patience - the patience of real world is COMPLETELY different, when it comes to market it has covered 98% of human emotions so it keeps you in hope, excitement, fear, FOMO till you lose track of it and in a position you can’t make more choices but to suffer your decisions, observe these emotions since you have a TE you know what I’m talking about.

use Notion to build a template to journal your entries it can be a game changer just don’t let the market to overpower your real emotions.


In a way anyone who trades are scammers not traders trying to not get scammed by the scammers (Market) by scamming them instead.


PS : If you believe market is random consider me stupid af !

I think you're mentioning my method GBPUSD 30 min if not ignore this post

Markets AREN'T random, they work to STRUCTURE - Its a bit like Elliott Wave, but its NOT EW - EW doesn't work as its spun to us all (parts of it do though)

Right although this is shown on a 30 min time-frame - its just an EXAMPLE - you can use it on ANY time-frame that suits YOU - 30 sec, tick, 1 min, 5 min daily, weekly etc

You create a ZIGZAG swing file and you manually set the SIZE of the swing - in this 30 min chart it is set to 0.25%, so EVERY time GBPUSD MOVE 0.25% AGAINST the current swing direction, it creates a hook/point/swing

Swing 3 CANNOT exceed swing point 1 - if it does the trade potential is OVER - WAIT for the next 123 to form - obviously if this is a 30 min chart it takes hours and days for swing points to form

 

1. in 99% of circumstances, when a market REVERSES direction, it makes a 123 swing move - look at the chart at the FIRST one - You get a SWING HIGH, followed by a SWING LOW followed by a LOWER SWING HIGH than point 1 - this creates a 123 swing move - as long as swing 3 does NOT exceed point 1 [the START] then you're looking to trade at the swing point number 2 and the STOP goes just past swing number 3
2. I've labelled the main 123's on the chart and the 2.3's are self-evident
3. This is also the concept of TRENDS having higher highs/higher lows and lower lows and lower highs depending on the direction of the TREND

When a market is TRENDING, this method FORCES you to FOLLOW the TREND

How you manage it is up to you

I don't trade at swing point 2 - I'm in the trade at swing point 3 - that's for you to figure out how to do that, I'm just showing you a method that works - its down to you if you want to, to refine it

LOOK at 10/10/25 - It NEARLY created a 123 UP formation but just fell short and reversed back DOWN, then immediately reversed - this sort of stuff HAPPENS, because those swings are acting like ATOMS flying around - WHEN you get BIGGER in TIME AND PRICE CORRECTIVE SWINGS, its a early warning that the prior TREND DIRECTION is possibly changing because on the big corrective swings are ONLY caused by NEW energy coming into the system

In the above example - on the way DOWN when you see 2,3 - OBVIOUSLY swing point number 1 is the PRIOR swing point number 3

Another EDIT - IF a SWING doesn't look right - FIGURE it out - it HAS to be 123 with 3 NOT exceeding 1 - it can't get much simpler

5 min chart - SWING FILE % level adjust down to 0.1% to get tradable swings

Those disadvantages can also be turned into advantages, in particular in this case.

First and foremost, you don't have to sit and stare at a 30m chart until candle close, break of line, or whatever. Instead you can, when a setup appears, set a stop entry complete with stop and take profit levels, and let the market take care of things. That's the beauty of this system. Which potentially could take care of the parts of the day when you can't be in front of the computer all the time.

In the mornings there can be good action in GBPUSD, so it may pay to be there for those hours. And once you get the hang of Renko, you could automate the whole thing. But given the nature of Renko, you can get a long way without coding at all by simply using stop entries.

Btw, as to being in front of the screens in the morning, this morning another $250+ in profit per less than $100 risk...

If you fancy, compare the swing structure on this Renko chart with the one on your 30m chart.

I sincerely hope that those who read your posts realize the true value of what they are reading!!! Ross called this THE LAW OF THE GRAPH