the key to the mint

yes sounds reasonable.
not sure about the amount of potential trades appearing per day.

ok there seems to be some questions that i think have the ability to answer this might seem like a longer than usual post but these things must be said. As far as if this is a winning thread or whether there is a heaven or hell after we die all lye in the factual evidence that we collect. lets start with the method i have been posting the 123 since march of last year and for most of that year traded live in a trading room witnessed by 10-20 people at a time when i put these trades on thats eveidence #1 i called the entry and called when to move stop or if to abandon the trade live!!! thats evidence #2 i have posted chart after chart showing the trade setup i was in thats evidence #3 so i have shown evidence it is up to you to backtest and see if these things be true or not thats what builds confidence . Now to the most important of the 2 questions is life after death you said nobody came back to tell us well lets refer to the evidence!!! 2000 years ago Jesus Christ was killed on a cross this is a historical fact that even the atheists believe because its a true histrical fact. Before he died he by many unfailable proofs demonstrated that he was more than just human but divine also. He told his followers that he must die and in three days he would raise from the dead. and thats just what happened and there were a total of 516 witnesses in total that saw him after he rose from the dead 500 at one time. this is all evidence. ok so maybe your thinking that this story was fabricated well lets examine the evidence. when he died they placed him in a tomb and rolled an extremely large stone in front of the tomb. the jewish leaders asked the roman officals to put guards there so the followers couldnt steal his body and say he raised from the dead. so now we have 3 groups of people involved #1 jewish leaders #2 the roman guards #3 the followers. on the third day the stone was moved and the body wasnt there the guards had a lot at risk if they let a prisoner or whoever that they are watching escape it would cost them there lives, the jewish leaders would not have stolen the body because if they did the followers would say he is a live and the jewish leaders would just reveal the body. thirdly the followers if they stoled the body an made this up when it came time to die or tell the truth it is totaly unthinkable that anyone would die for an outright lie this is eveidence there is a lot more if you would like that i can provide but my hands are tired right now the purpose for christs death was preordained so that he could reconsile us to GOD because our sin has separated us from him. GOD defines sin as breaking his law and his law are the 10 commandments so if you told a lie you are guilty (GOD states we all have sinned) and with any law there comes a penalty for breaking it and its eternal separation from GOD and confined to a place called HELL. By trusting what christ did on your behalf based on the factual evidence GOD will forgive and grant you eternal life NOW its time for you to analyze this post and find the ultimate setup

Hello Harold,I have been following your thread for more than awhile and I am truly pleased with your biblical responses to the heaven or hell.I do not think that most people on this sight understand(and they won't) unless they are born again,in closing I would like to say no#1 you cannot understand jesus christ unless you are born again.no#2 a lot of people will say that there are grey areas in his word and it contradicts,the gray area they see is"THE SMOKE FROM THE PEOPLE WHO ARE CURRENTLY BURNING IN THE HELL THAT THEY DO NOT BELIEVE IN" GOD BLESS YOU HAROLD AND YOUR FAMILY,THANXS FOR TAKING THE TIME TO TEACH US ALL!!!!!!!!! PS: DO NOT LET $$$$$$$ BE YOUR GOD PEOPLE !!!

hi monicrok yes most people dont understand unless you tell them and then GOD has to touch there heart i can only touch there head remember always gbe ready to give an account for the hope that you have with"GENTLENESS AND RESPECT".

looking at the daily friday, can you confirm?
monday E/U & G/U no trade, E/J still uptrend

based on my charts dealbook rjo(gft) eurusd emas even meaning no trade the gbpusd and eurjpy long

hi forexmad

i sympathize with you a lot, because i know where you are coming from. this is a high risk business, but with risk comes profit.

NO-ONE absolutely no-one can predict what the market will do or be doing, if someone says they can, run the other other way, fast! what we are working with here are what we believe to be high probability trading setups. and thats all they are. the thread starter or other guru believes they will work for him because of his past experience and the fact that it seems to work for others.

my advice to you is to read this and other threads and work out YOUR OWN system based on the ones you like. i read and comment here but i don't use anybody's system but my own, and i am making money!

you see, all traders are working with the same data. the data is the same. you can use FIBS. PIVOTS, MOVING AVERAGES, RSI, MAC BOLLS, ELIOT WAVES, SHAPES and all the 10,000 different indicators and systems but the core data is the core data.

its been said before and i'll say it here again, start with the basics. for example simple chart patterns like , TRIANGLES, HEAD AND SHOULDERS alone will provide you with good consistent profits if you trade them consistently. stick to one pair preferably, gbpusd or gbpjpy until you are thoughroughly conversant with how they move.

people do not want to trade publicly with you because then their losses and mistakes and flaws in their system would be apparent to all. i could trade with you using one of my methodologies if you want. i like divergences. spot a divergence on the 30 min time frame, then go to the 15 min and wait for a divergence in the same direction. i use 4hr ellipses for my SR's but thats too long to get into now. you could use dailypivots or fibs. and believe me it works. this is not a divergence thread, but i have no doubt that it it works for its devotees as well.

peace

hypnos63

Why don't u start a separate thread, there you can post your chart and explian your system. Then you can give a live call and then we can trade together. Here, I am not sure, you can disguss system other than KMT.

the current ellipse SR system i use does not work on MT4. i just checked. the ellipse drawing tool is not the same as the one on the java based package i use with http://www.igindex.co.uk which is why i suggested dailypivots or fibs for you.

also i do not know how to set the MT4 zizzag tool to the the same parameters i have set on the java based package mentioned above.

however, you can use the rectangle shape drawing tool on the 4 hr chart for excellent SR on the 30 min and 15 min time frames.
other than that its just simple divergences screened through a different time frame. see the divergence on the 30 min time frame. see the one in the same direction on the 15 min chart and open your position.

do you know divergence?

your stop is the previous candle high /low

exit 80% when price hits nearest SR and leave 20% to run til either ZZ turns or 10 EMA turns against your position.

peace.

the text shifted. enter at either of the two arrows on 15 min chart,
exit 80 % close of 0630 candle.

hope its clearer.

peace

[email protected]

Thanks for your post. How do you get the entry signal?

see the divergence on the 30 min time frame. see the one in the same direction on the 15 min chart and open your position.

do you know divergence?

your stop is the previous candle high /low


Can you please explain these terms in detail. How long have u been trading with this system.

Guys!
This may be good intention, but please.

This is the Key to the Mint thread !!

Regards, Lowen

if you do not know or have never heard of divergence, you have a very long way to go, forexmad.

http://www.babypips.com is as good a start as any.

since this is the wrong thread, and lowen may get upset, why don't you pm(private message) me. and i will explain further.

i was going to show you how that very same move i caught with divergence could be captured with bollingers so its all the same. but pm me and i will explain.

peace

hypnos63

try this link. there are hundreds of trading systems there. but you need to make a choice and stick to it. that is the key.

http://www.trading-naked.com/Divergence.htm

make sure you understand what divergence is. then screen thru the 30 min time frame. in other words when you see a bearish divergence on the 30 min time frame look for a bearish divergence on the 15 min time frame. one will show up in no more than 30 minutes after you see the original divergence on the 30 min chart. same for bullish divergence.

thats it.

pm me and i will show you how to draw excellent Support & Resistance lines using the rectangle tool on MT4.

or you can stick with KTF which appears to be ok too. its really about making a choice, learning it and sticking to it.

peace

this is so true.

Thanks again for your interest to explain all these. You mentioned you know where i am coming from, I don't know how u know but thanks for understanding my situation. I need to live with this trading in 2 months. I am jobless now, going to work for 17 hrs per day for understanding some system.
Your strategy looks simple, and it works for u , so i will give a try on it in demo.

First I read about divergence then i will ask you more questions.

Thanks

True!!

Hi Harold,
a Q related to significance or validity of the 123's:

Do you use a maximum limit for the distance between point1 and point2? Maybe a max. Pip-value or a percent of last counter-trend move or anything else?

Lets say I see a countertrend move of 50 pips, and then point1 to point2 is 45 pips. But point 2 to 3 is only 15 pips..



Lowen

hi lowen firstly i dont countertrend i trade according to daily trend so if its down i only look for shorts i find my stop and target by point 2 and point 3 not point 1 point 2 and 3 must not be more than 24 pips including spread thats the max