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Knowledge is Power

  • #821
  • Jul 20, 2008 7:28am Jul 20, 2008 7:28am
Quoting Warren Forex
I just posted on another thread the following. Please watch the video and post your feedback on this thread. Your post will be like your attendance in school to know if you are present or not. It would help me if there was more feedback here rather than myself doing most of the posts. This thread is about interaction.

The pupils can also teach the teacher so do not be shy.

As well can you post reports here in PDF format of your Demo Trades to date so that I can see how each and everyone of you are doing.

Thank you for your cooperation.

My Post:

Your post is very interesting in that you confirm the luck or guess factor.

Try trading this way if you would like better results...

It is called by WWW.INO.COM the "FTP" Method !!!

Fundamentals + Technicals + Perception

Fundamentals also stands for Supply and Demand of the currency pair that you trade.

I will find the great video of FTP and post it here on edit for you. I love PEACE !!!


If you have not viewed the video posted on this thread called "FTP" please do so after reading this post. FUNDAMENTALS get you into your position ahead of most others. Then you use TECHNICALS to get the BEST entry into that currency and also know where everyone sees, Support, Resistance and Pivot Points.

Then we get to PERCEPTION !

Just like in the FTP video of a little less than 7 minutes shows, when the PERCEPTION becomes commonplace, that is when it will be ready to reverse as it just might do shortly over the next few days since the market thinks the banking and brokerage and housing bottom has been reached because Citi Bank only declared losses of 2.5 Billion in the last quarter.

I will do another post on how to take advantage of this knowledge to make money using my method of trading FX which works on my Home Thread, Knowledge Is Power. Enjoy !!!

Here is the Link to the FTP video.

http://broadcast.ino.com/education/t...eboard_6/?blog

PLEASE WATCH IT !!! Thank You !!!



Bruce
There doesn't appear to be anything in this thread which is very clear or understandable.

You have decided on one direction, you have also decided to play just 20 % of capital, and when it goes back up , you wait until you have found another point to enter to go back down, along with small lots per position.
This is clear and understandable.

However you never write e.g. at 10.30 am EST sell 2 positions and TP at plus 5 pips, this is the FUTURE, not the past.

What you write instead is. I have just bought 2 positions at ...... and if it goes to .... I will SL. You don't instruct your students on where to TP.

TP Bruce is where the money is made, not in hoping that it won't touch SL.

I think you should give up your unpaid teaching job, and go back to managing that 500 000 USD, which you wrote begins on 15th July, adding of course to the already 200 000 USD funds which you are also managing.

Wow so much time to teach without pay and play a demo platform, and yet so much money in the account to play forex, what a life!!!!!
  • #822
  • Jul 20, 2008 8:18am Jul 20, 2008 8:18am
Quoting Warren Forex
I just posted on another thread the following. Please watch the video and post your feedback on this thread. Your post will be like your attendance in school to know if you are present or not. It would help me if there was more feedback here rather than myself doing most of the posts. This thread is about interaction.

The pupils can also teach the teacher so do not be shy.

As well can you post reports here in PDF format of your Demo Trades to date so that I can see how each and everyone of you are doing.

Thank you for your cooperation.

My Post:

Your post is very interesting in that you confirm the luck or guess factor.

Try trading this way if you would like better results...

It is called by WWW.INO.COM the "FTP" Method !!!

Fundamentals + Technicals + Perception

Fundamentals also stands for Supply and Demand of the currency pair that you trade.

I will find the great video of FTP and post it here on edit for you. I love PEACE !!!


If you have not viewed the video posted on this thread called "FTP" please do so after reading this post. FUNDAMENTALS get you into your position ahead of most others. Then you use TECHNICALS to get the BEST entry into that currency and also know where everyone sees, Support, Resistance and Pivot Points.

Then we get to PERCEPTION !

Just like in the FTP video of a little less than 7 minutes shows, when the PERCEPTION becomes commonplace, that is when it will be ready to reverse as it just might do shortly over the next few days since the market thinks the banking and brokerage and housing bottom has been reached because Citi Bank only declared losses of 2.5 Billion in the last quarter.

I will do another post on how to take advantage of this knowledge to make money using my method of trading FX which works on my Home Thread, Knowledge Is Power. Enjoy !!!

Here is the Link to the FTP video.

http://broadcast.ino.com/education/t...eboard_6/?blog

PLEASE WATCH IT !!! Thank You !!!



Bruce
Bruce,
Do you use FTP when looking at all time frames, or just to get a sense of the market direction on the higher time frames? It all makes sense that you would get out [short or long] when the fundamentals run out, but I am still thinking that is on a higher time frame. If we look at the USD/JPY, what has driven the price back up to 107, and has there been a change in fundamentals that could drive this higher? Or is this just part of a technical move on its continued way down?
Thanks
Tim
  • #823
  • Jul 20, 2008 6:31pm Jul 20, 2008 6:31pm
I don't understand why people have so many problems with Bruce. He is just trying to help others to be a better traders but people don't miss any opportunity to bad mouth about him. If you don't like his thread please don't post here. Many of us find it very useful and we will continue to read his post.
  • #824
  • Jul 20, 2008 9:47pm Jul 20, 2008 9:47pm
why was warren forex banned? i liked his posts
  • #825
  • Jul 21, 2008 12:51am Jul 21, 2008 12:51am
what kind of Infractions they are talking about ???
pip and run ....
  • #826
  • Jul 21, 2008 7:25am Jul 21, 2008 7:25am
Quoting pipo77
what kind of Infractions they are talking about ???
a good question!

I hope he will be back soon, he helps a lot
  • #827
  • Jul 22, 2008 8:29pm Jul 22, 2008 8:29pm
Quoting pipo77
what kind of Infractions they are talking about ???
Infractions Overload
is a temporary suspension due to the following post:

http://www.forexfactory.com/showthre...10#post2118010
  • #828
  • Jul 22, 2008 9:03pm Jul 22, 2008 9:03pm
I'm not sure is it I eligible or entitled or qualified to ask something over here?

I've been reading lots of books and website to know extra about behind of Forex market.

So, I wish to know, for every single USD that i earns from Forex now, is actually a money of who?
Is it only as simple as that is money from others traders? Or it includes the money of those big firm, company, banks, even those who are using currency exchange rate?

Juz ignore me if you found i jzu asking nonsence, cause this is something behind forex, not really about technical or fundamental stuff.

mphpopular
  • #829
  • Jul 27, 2008 6:14pm Jul 27, 2008 6:14pm
Why did Warren get Ban? It's sad when he's gone this thread stops and so does all the great information.
  • #830
  • Jul 27, 2008 8:32pm Jul 27, 2008 8:32pm
Quoting mphpopular
I'm not sure is it I eligible or entitled or qualified to ask something over here?

I've been reading lots of books and website to know extra about behind of Forex market.

So, I wish to know, for every single USD that i earns from Forex now, is actually a money of who?
Is it only as simple as that is money from others traders? Or it includes the money of those big firm, company, banks, even those who are using currency exchange rate?

Juz ignore me if you found i jzu asking nonsence, cause this is something behind forex, not really about technical or fundamental stuff.

mphpopular

exactly...It is the money of somebody (Be it: another trader, big firm or every country owned firm)...

e.g.
Recently, 1 Shipbuilding firm in SG, reported lost nearly 400 Mil $ in loss of FOREX, They buy and keep lot of US $ and last year US$ slide..that is t reason they are in the RED of 400 mil..they have to do FOREX as hedge as their ship order are in US....so where their money goes to??

Hope it helps,
sonic
  • #831
  • Jul 27, 2008 11:29pm Jul 27, 2008 11:29pm
Thanks sonic, you give the exact answer for me. I guess i got the keypoint for continue trading...Hehe.
  • #832
  • Aug 3, 2008 5:57pm Aug 3, 2008 5:57pm
When will Bruce be back???
  • #833
  • Aug 4, 2008 7:21am Aug 4, 2008 7:21am
Quoting eneloop
Infractions Overload
is a temporary suspension due to the following post:

http://www.forexfactory.com/showthre...10#post2118010
An Open Post for Twee and any other interested parties !!!

Dear Twee

As we both know I accept your decisions knowing that you are doing your job in enforcing the rules of Forex Factory.

I have always shown respect to you and Forex Factory and still do.

I am very confused about the reason that I was banned for two weeks.

As many members of Forex Factory know I give many many hours of my time willingly wirhout asking for any form of compensation for my efforts.

I do not sell anything or try to suggest improper things to any members.

Yes at time I manage to attract those that for no better reason like to be argumentative. In light of my obvious skills in Forex I have some that like to challenge me as to my representations of a personal note.

The post that got me banned for the last two weeks was one in which I offered a poster in a polite and respectful way to send me a email and I would show that my claim of doing 673 winning FX trades in a row was true.

As a result of that reply I found myself banned.

In order to really understand and avoid being banned another time would you be so kind to explain to me and any interested parties how I violated Rule Number 3 !

I really am trying to understand but I do not.

Your reply would be most appreciated in clearing up my confusion and lack of understanding on this matter.

Respectfully


Bruce
{Promotion Removed}
  • #834
  • Aug 4, 2008 7:49am Aug 4, 2008 7:49am
I was always watching your posts before, but not as Empyrium.

Glad to see you are back. I also wanna know what was the matter.

Hope you will continue sharing with us your knowledge.
Buying Tops, Selling dips xP
  • #835
  • Aug 6, 2008 6:38pm Aug 6, 2008 6:38pm
Welcome back Warren. I just saw your post and I am glad you are back.
  • #836
  • Aug 6, 2008 8:21pm Aug 6, 2008 8:21pm
Quoting leo9
Welcome back Warren. I just saw your post and I am glad you are back.
Pretty quiet here in the last two weeks and quiet on USD/JPY Thread.

I am out of all USD/JPY and long some EUR/USD waiting for the ECB decision at 7:45 AM EST and the Trichet Press Conference at 8:30 AM EST...
{Promotion Removed}
  • #837
  • Aug 6, 2008 9:26pm Aug 6, 2008 9:26pm
Didn't know you were back, Bruce. Great news - missed your daily dose of optimism!
  • #838
  • Aug 7, 2008 3:07am Aug 7, 2008 3:07am
Quoting Rialto
Didn't know you were back, Bruce. Great news - missed your daily dose of optimism!
It is nice to be able to post again. Have a Great Trading Day. Trichet speaks at 8:30 AM EST and EUR/USD is awaiting his words.
{Promotion Removed}
  • #839
  • Aug 7, 2008 9:19pm Aug 7, 2008 9:19pm
Most of my posting is over on the EUR/USD thread since I am now long EUR/USD

Here is a post that I just did there that should be useful here.

Enjoy !

http://www.forexfactory.com/images/s...n/post_new.gif Aug 7, 2008 10:13pm
Warren Forex http://www.forexfactory.com/images/s...ser_online.gif
Warrenforex
Member Since Sep 2006
Posts: 1,329


http://www.forexfactory.com/images/icons/icon14.gif Great Comments !!! Thanks For Sharing !!!
Quote:
Originally Posted by Shadowfx http://www.forexfactory.com/images/buttons/viewpost.gif
Couldn't agree more Warren, to many depend on posted advice, signals, etc instead of gaining experience and understanding the basics of FX or they get lost in a flurry of "holy grail" indicators...
My motto is and always will be...train yourself to understand what moves the market...its like chemistry..if you don't understand the basics..no formula will work...

As always...Just my 2 cents...

Here is the Video We ALL Should watch...Especially now !

Here is the Link to the FTP video.

http://broadcast.ino.com/education/t...eboard_6/?blog

PLEASE WATCH IT !!! Thank You !!!
{Promotion Removed}
  • #840
  • Aug 7, 2008 10:08pm Aug 7, 2008 10:08pm
Quoting Warren Forex
Most of my posting is over on the EUR/USD thread since I am now long EUR/USD
Yeah, right. Maybe you'll say otherwise again since E/U is dropping. EU was between 1.5239 - 1.5245 as of your above post. You better say at what price you made your long EU and what TP. But I'm sure you'll wait for price to go up before you respond.

Please be reminded that Warren trade using fundamentals but scalps. As far as I know, fundamentalist don't scalp a few pips.

Note to those who were burned by shorting UJ because of Warren - Check out the post below that might have made Warren go to EURUSD thread. I thought it won't make a dent on his EGO but I guess it did.

http://www.forexfactory.com/showpost...ostcount=11127
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