Thor's chart analysis system

I would like to thank everyone on forex factory for the pleasure of learning alot from all the dedicated traders on forex factory. I have been forex trading for 2 years now and was stock trading and contiune to stock trade now for the past 7 years. I would like to give back to this wonderful and giving community. What I will do is post how I trade and why I make the trades I do. Please note to all newbies. PLEASE READ BOOKS AND LEARN ALL you can before embarking into the world of trading and if you do anything else learn and learn and learn about money management. This system although not glamous or has a high winning rate does keep you in the market for the long haul and for me anyway keeps your emotions out of trading. On Sunday I will post my charts and methodology behind it. I start with a Day Chart and narrow down to the 5min chart to give give clear exit and entry spots and to risk little to get how probapility spots for profit while minimizing risk. I hope I can help anybody new and would like critque from those who have been around for awhile.

I will use what I use in trading.

1. Pivot Levels
2. Fib levels in multiple time frames
3. Trend lines
4. General Trend Direction
5. Pair Sentiment (what i mean there is the general street feeling about a pair)
6. Moneymangement and proper risk management.

I honestly hope I can help anybody new or anybody at all really. Send Pm's with any questions. Any experienced traders can call me out if you see something that you don't see right. I can take some heat. LOL!

I will post charts on Sunday and I will continue daily with chart set-up.

Thanks everyone and to everyone I have learned from on here!

Look forward to everyones help in helping my system but I also wish everyone tons of pips and financial freedom that i learned the hard way and threw lots of trial and error and mostly PATIENCE!

Hi everyone, this is my first analysis for the week. I will narrow down on Sunday. I'm watching for areas where fibs and pivots come together on the daily and where the general trend direction is. Which is up now..and has been for a long time. So my first thought on the daily..look for long trades..I will continue more on Sunday. Everyone is welcome to discuss or ask about my chart set-up.

Christian

Chris:

I have followed your posting on Imran's thread and came across this. Two questions for you:

1. Are you going to do anymore weekly analysis?

2. Whereabouts in Minnesota are you?

T

Hi there, yeah i'm going to start-up again..there will be a overlap of the imran system here. I will move this thread to the trading jounals if you want to follow it. I live around Detroit Lakes Minnesota. I'll let you know where the thread is moved too.

Cheers,
Chris

This thread has been moved to the trading journals.

http://www.forexfactory.com/showthread.php?t=57596