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  • #435,601
  • May 4, 2011 5:41pm May 4, 2011 5:41pm
Quoting Venice
Starting to see really interesting things with 50% of candle bodies.

Looks like I get something new to look into tonight.

Fibre loves the 50, I must have said that a few hundred times here.
  • #435,602
  • May 4, 2011 5:41pm May 4, 2011 5:41pm
Quoting cloggie
I am not going to pass value here on what he does or what he teaches, but out of principle I would rather hook up with a trader then a teacher. Those who can trade, those who can't need to find another revenue in this business and signal service/ mentoring can be a pretty profitable option. Not as profitable as trading itself, but it may beat a 9-5 job with a bit of good marketing and PR.
Yeah, if you do the right PR you can make some pretty good money with it ( if you like to screw people...) People don't even realize the most simple logic in forex which tell you exactly why signal services must be crap 99.999% of the time. If your strategy works then no service no matter how big it is in the world is worth the hassle. That's the brilliant part about forex, you can scale your strategy like shit to the point where you don't get filled anymore like you want to.
  • #435,603
  • May 4, 2011 5:44pm May 4, 2011 5:44pm
Quoting milagro
Yeah, if you do the right PR you can make some pretty good money with it ( if you like to screw people...)

Good money? What could a signal provider/mentor make a year, a couple of 100k? With all the hassle, all the BS, dealing with !d!ot muppets, dealing with personel in an office, have an overhead and expenses. AS it is with trading so it is with mentoring/ signals, only a very select few make it in that buisness.

Like you said, you need to be a borderline crook to even want to do it.

Trading income is limitless, you can make whatever you want to make.
  • #435,604
  • May 4, 2011 5:48pm May 4, 2011 5:48pm
really really funny to compare current weekly silver candle with the last 50 ones

......anyway catch ya later, off for bed.

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Hero calls followed by margin calls...
  • #435,605
  • May 4, 2011 5:52pm May 4, 2011 5:52pm
Just for the record, I wasn't advocating signing up to any form of signal service, paid for tuition or mutual fund, not quite sure how this has been inferred by my post...

By referencing J16 and Jacko, I merely meant their strategy threads, which are FOC...
  • #435,606
  • May 4, 2011 5:53pm May 4, 2011 5:53pm
Quoting cloggie
LEt me add a big caveat to the discussion here, as price ain't going nowhere anyways for another hour. Do not copy what you find here, adapt and adjust it to suit your style and personality. I have loads of friends that trade for a living, we get together lots of times and trading styles always come up. I could never make money with any of them, even though they are extremely succesful, purely because it doesn't suit me.

Plenty here know my personality, my trading style is pretty much the same. Snap choices, instant execution, get in, get in...
lmao... s/o hijacked that account.
  • #435,607
  • May 4, 2011 5:55pm May 4, 2011 5:55pm
Quoting FibbinArchie
Just for the record, I wasn't advocating signing up to any form of signal service, paid for tuition or mutual fund, not quite sure how this has been inferred by my post...

By referencing J16 and Jacko, I merely meant their strategy threads, which are FOC...
Yeah, yeah, yeah... we know you're sort!

When are we going to have this bloody beer then!??
  • #435,608
  • May 4, 2011 5:57pm May 4, 2011 5:57pm
Quoting bbakker
Yeah, yeah, yeah... we know you're sort!

When are we going to have this bloody beer then!??
alright Bri, I got the Rifles in london town friday, but free all next week if you're about...

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  • #435,609
  • May 4, 2011 5:58pm May 4, 2011 5:58pm
Quoting cloggie
Good money? What could a signal provider/mentor make a year, a couple of 100k? With all the hassle, all the BS, dealing with !d!ot muppets, dealing with personel in an office, have an overhead and expenses. AS it is with trading so it is with mentoring/ signals, only a very select few make it in that buisness.

Like you said, you need to be a borderline crook to even want to do it.

Trading income is limitless, you can make whatever you want to make.
There are quite a few easily making that a month without any office, work or what so ever. It's nothing compared to real forex profits but for the average guy it's a lot especially if he knows that he actually would not make a dime with trading his shit. However you really need to have a very questionable personality to do that.
  • #435,610
  • May 4, 2011 6:00pm May 4, 2011 6:00pm
Quoting FibbinArchie
alright Bri, I got the Rifles in london town friday, but free all next week if you're about...
Next week it is then. I will bell you on Sunday for a date and time!
  • #435,611
  • May 4, 2011 6:02pm May 4, 2011 6:02pm
Quoting bbakker
Next week it is then. I will bell you on Sunday for a date and time!
sorted...
  • #435,612
  • May 4, 2011 6:03pm May 4, 2011 6:03pm
Quoting cloggie
Fibre loves the 50, I must have said that a few hundred times here.
Yep, I always took that in the context of a full or partial swing move, rather than individual candles.
  • #435,613
  • May 4, 2011 6:06pm May 4, 2011 6:06pm
Quoting Venice
Yep, I always took that in the context of a full or partial swing move, rather than individual candles.

Hint, where are my TL's? Must have said that loads of times too.
  • #435,614
  • May 4, 2011 6:10pm May 4, 2011 6:10pm
AS to trading, those that followed what I was posting today, know my numbers here, 31 needed to be filled which NY did for us, above that we have the numbers from Asia and London, 47,50,62, there is loads of pressure up there. This thing ain't gonna give us a decent move here for at least another half an hour or so. Just don't go jumping on the first cr@p bar you see. You also know my strategy for the night, just not sure if I am going to trade it tonight, may put on a teaser lot to see where it ends up in the morning.
  • #435,615
  • May 4, 2011 6:21pm May 4, 2011 6:21pm
Morning all... or night to most of you... Looks like i missed a cracker of a run after that channel was broken.. ah well...

Looking like we could be setting up for another long from here? Sideways for a bit given the time though... Weve bounced off the 19.1 fib from that long run and higher lows seem encouraging... 1.5 next target?
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  • #435,616
  • May 4, 2011 6:28pm May 4, 2011 6:28pm
how i'm seeing it.. 55ema is holding it in check for now
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Don't have an ego. Always question yourself and your ability.
  • #435,617
  • May 4, 2011 6:30pm May 4, 2011 6:30pm
Quoting RamsesII
how i'm seeing it..

You are seeing right, lots of pressure up there don't underestimate 31, just watch aussy news tonight, that may give a bit of unwanted liquidity on the dollar half of this pair. That is the only thing that could jeopardise my earlier posted number. Ally spotted it right too.
  • #435,618
  • May 4, 2011 6:35pm May 4, 2011 6:35pm
Quoting cloggie
You are seeing right, lots of pressure up there don't underestimate 31, just watch aussy news tonight, that may give a bit of unwanted liquidity on the dollar half of this pair. That is the only thing that could jeopardise my earlier posted number. Ally spotted it right too.
possible straight break south like last night, would've thought 82x may have held, but not since the earlier spike down...
  • #435,619
  • May 4, 2011 6:36pm May 4, 2011 6:36pm
Quoting FibbinArchie
possible straight break south like last night, would've thought 82x may have held, but not since the earlier spike down...

4770 is very much in the picture here, am still haning around here to see if there is something I could get going with profit locked in that I can let run while I am off to sleep. Watching some TV so don't mind hanging about a bit.
  • #435,620
  • May 4, 2011 6:39pm May 4, 2011 6:39pm
22-35 immediate range, looks like there could be fakeouts on either side before this thing gets going
Don't have an ego. Always question yourself and your ability.
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