Trading with Deadly Accuracy

Finnished watching those videos, which gave me an answer to that one
Thanks for the techings, love the minimalism and simplicity. Keeps your mind on the goal in this messy business

Enjoy...

i have been looking forward to this all week.

Hello wmd,

Just wanted to say great thread and great job.

Johnny

Appreciate the good words, cheers pal. Glad to have been of service.

(just as London kicked off)

(picture missing first 56 seconds)

Et voila...

USD/CAD also had a sweet confluence ;-)

Its not what you think, but what you do about it that makes you who you are...

And again... but more aggressive this time.

All the Training/Trading vids are now arranged on a youtube channel.

Link is in my signature.

If you subscirbe to the channel you'll get updates every time a new vid is posted.

Euro short scalp

...and thats our target hit, nice one folks!!

Good call! I saw it and didn't act on it. Shame on me. LOL

Hi wmd!

This "hook" Technic is awesome!
I'm a Forex beginner, but I want to learn your Technic...

I read almost every post, and saw all pictures
I believe, I understand the "Hook" Technic, but I still have some Questions...

- What is your money management? The old proven 2% rule, or something else?
- Do you have any rule for the "agressive" trading? I mean, if you open more than one position after a hook... Like your last trade...
- What is your favorite time frame and currency? I have seen, that you trade on multiple time frames and several pairs...
- Do you use any indicators?

I attach my chart about this month and I marked and numbered some "hook" entry places.
Please, comment my chart...

My opinions:
0. Classic Hook.
It's started from September, but the hook is there (in October), and the 200 pips run is also in this month...

1. Classic Hook. Small, but fine

2. The pink trend line doesn't exist at this time, but the purple trend line and the blue support line (prev hook) are there...
This support already tested, so I am not sure...

3. Classic hook on a not tested support line

4. The blue line is an old support level and there is also the green trend line.

5. Here is only the green trend line, so I'm not sure...

6. Classic hook on a not tested support level...

7. There aren't any support level, but the pink and the green trend line exist already. So I'm not sure...

8. Classic hook..

9. It can be a Hook on the green counter trend line, but I'm not sure...

10. There are 3 touches to this support... I believe, I don't want to trade at this place... I don't see any "A+" hook there...

11. Hook to the counter trend line. It's not the best... The 1.3900 level is to near... But, I would take it...

12. This support level is already tested, but there is the pink trend line... Actually, the pink line and the support are proven levels, and there is 100pip until 1.39, so I would take it... but, I'm not sure...

13. There aren't any support level... but, a few pips higher, there is an old S/R level, and the pink trend line is also there... I'm not sure...

So...
I hope, that I have "decoded" some good opportunities...

Thank you!

http://i42.tinypic.com/29cw65v.gif

Its a lot to talk through in one post considering i've dedicated almost an entire thread to it.

I'll do a video at some point to clarify interpreting the hook, in the mean time you are welcome to get in touch on skype and we can chat.

Best wishes,

W.

Ozzy short on high/low wave structure.

Got round to reading the entire thread. You have to understand that what i'm about to say is difficult for me and it pains me but it has to be done.

Thank you Will.

The markets make more sense now. Keep the videos coming. Subscribed to your youtube channel, signed up for the email updates, happy to buy the book when its out and watch the movie when it released!

Totally buzzed by this, you called that Aud short trade more then 2 weeks ago! (see the vid 13-14 mins in).

Awsome!!!

i know. he is like that.