Thanks, deepblue44. It's good to be back. The last two sessions were classic Trending Momentum opportunities, which is the name of my game. Now what? Will the market return to lock-down consolidation (hibernation) for the next two weeks? If so, I'll be standing aside. (Whatever happened to the forex go-go days of yore?) And so it goes. We have to take what the market gives, as we daily sift the muddy dross for those few gleaming nuggets of gold. Cheers, Greg
Hi Greg,
I am new trader and started trading live since last two months.
I have been following your strategy since a year now and I want to thank you for all the efforts you are putting in keeping this thread running. I have learned a lot from you. Your charts and explanation are really valuable. You actually have taught me to do trading profitably. You are truly an inspiration to me.
I appreciate everything you are doing here for a great cause. Please keep up this great work.
God bless you and your family.
Happy trading
Hi Sandy, Thank you for your post, I'm glad you find my trade submissions helpful. Of course, as we know, a good portion of the road to success is the daily practice, practice, practice. I will always have off trading days here and there --inevitably caused by human error--but they are fewer because of daily chart study. Many more wins, fewer losses, preservation of capital; that's the goal. Happy trading, Greg
Well, it's been a long haul and i've been an avid follower for a long time and regard yours as the best thread on the site and i can finally say that everything has come together and for awhile now i have been trading extremely well and getting great returns.
I was a little reluctant to express my success publicly but i wanted to give your thread the credit it deserves. As you prob know from previous posts of mine i don't trade exactly the same as you in regards to indicators etc but the moves you catch are similar to the ones i catch and the underlying key to that is being able to recognise "trending momentum".
Your story and mine about how we got here are so similar it is scary. Although i'm sure you are still years ahead. The years and years of hard work, persistance, study and emotional trauma, the toing and froing, pouring over charts, declining bank balance, thinking you have it then realising you don't but you are at least one step closer and then finally you begin to get some great results to the point that it begins to become a little easy so long as you keep your discipline and ego in check and not become complacent.
I will follow your thread til the day it dies but i just wanted to post so that others could get some encouragement to follow your posts and also to keep hanging in there trying. It is the hardest game in the world this one but i have never felt such satisfaction as the past few months and even through the hard times i couldnt wait for monday to come around again so i could try and figure the beast out again. I will say though that you have to be fully committed. If you think you can do this part time or casually then i'd honestly say to forget it and that is said with total respect to everyone out there.
Anyway, thanks again Greg for adding and without knowing, confirming what i was doing. Your posts and approach are so logical and full of common sense and is totally in line with the guy who originally taught me a lot about how to look at the markets.
I sincerely wish you continued success and all the best to you and your loved ones.
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Joined Jun 2008
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Status: Safe swings g/y g/u u/y
|222 Posts
Hi Greg,
I have to echo the comments by zorroz.
I have been following your thread off and on and trading time to time.
I would get into the market and do well for a while and would wander off
into some strategy for which gets me to a dead end and time and
again had to retract and re-evaluate. Then i read books and evaluate
strategies used by other traders both in the forums and those who run
competitions and such. Every day and every mistake brings me closer to
what works and what doesn't - which new events are big, which are not,
which trends are real, which are not, which rebounds are real or not,
which break thoughs are real /not and how much to expect from each
trade -
Thanks again for your insights and detailed charts. You truely are an
inspiration when i feel it can't be done and was ready to throw in the
towel.
Joined Dec 2009
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Status: crede quod habes, et habes
|885 Posts
Good evening all
It saddens me to notice that the thread that teaches so much on profitable trading and in areas of momentum and mass traders sentiment is gathering dust.
I have read countless threads on this forum but nothing beats the amount of information Greg places in each of his diagram. Clearly not enough readers are taking the necessary effort to dissect and analysis each of his pics.
I anticipate Greg's return with most earnesty.
I don't mean to be a stickler however someone asked why his profit summary looks different to the normal mt4 accounts. It is because that profit statement is the very screenshot of personal FXCM online account management. This is a real live account and I would know as I also produce same profit summary on the very same FXCM account management. It adds weight of reliability on his teaching if such assurance is needed.
