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  • #639,901
  • May 4, 2012 4:44pm May 4, 2012 4:44pm
Quoting KillerWhale
But does anyone realize (even experienced traders) that spending another 500 hours on websites like www.babypips.com and sortlike stuff, can land you a gain that could be FAR MORE than $15,000 per year?
Or a good website about "reading candles"?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #639,902
  • May 4, 2012 5:12pm May 4, 2012 5:12pm
Quoting KillerWhale
Or a good website about "reading candles"?

What good websites can you share about reading candles?
Luck has no place in trading. Leave that for the poker table.
  • #639,903
  • May 4, 2012 6:22pm May 4, 2012 6:22pm
Quoting Pair-me-up
What good websites can you share about reading candles?
Here is a good one, there are many more, all for free if you search enough, but this is really a good one.

Don't even come close to thinking that you can go over this in 50 hours or so.
If you are serious about making a living with forex you should also be serious about spending a 1000 hours to learn about it.

And that's not enough, you also need a few 1000 hours minimum of "screentime".

It may sound silly but just spend some days watching charts without trading.
Just watch a 1 minute chart for 24 hours.
Then watch a 5 minute chart for 24 hour, all without trading.

And you will find some very interesting things that at least will very much help you with scalping, an ART in itself.

Let me know if you have questions, I'll be happy to answer them if you are serious.
Here is the link:

http://thepatternsite.com/CandleAlphabet.html
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  • #639,904
  • May 4, 2012 6:22pm May 4, 2012 6:22pm
Hey Killer. I've been observing this this thread for couple months. I too used to shoot for 5-6% per week. Learned over time if you can post 3% per week, week in and week out, you are in the big leagues. I think you have had some really good averages over the past month. Also appreciate tips on some of the interesting pairs you have traded lately.
Defending Truth, Capitalism and the US Constitution
  • #639,905
  • May 4, 2012 6:27pm May 4, 2012 6:27pm
Quoting KillerWhale
Here is a good one, there are many more, all for free if you search enough, but this is really a good one.

Don't even come close to thinking that you can go over this in 50 hours or so.
If you are serious about making a living with forex you should also be serious about spending a 1000 hours to learn about it.

And that's not enough, you also need a few 1000 hours minimum of "screentime".

It may sound silly but just spend some days watching charts without trading.
Just watch a 1 minute chart for 24 hours.
Then watch a 5 minute chart...
And make no mistake, I can be joking around for a lot of time but I am VERY SERIOUS about trading because it has to provide not only for my living, but also for making the nest egg for retirement.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #639,906
  • May 4, 2012 6:27pm May 4, 2012 6:27pm
Just got the book on Order Flow Trading, now thats some information for a trader! Im liking the facts so far. Really great read.
In the mean time, Im up 2% this week, which I am happy about but could have been more, but I am super busy with my full time job. So 2% increase with 5 hours of work this week, not bad if I do say so myself.
All posts are my personal opinion
  • #639,907
  • May 4, 2012 6:32pm May 4, 2012 6:32pm
Quoting KillerWhale
And make no mistake, I can be joking around for a lot of time but I am VERY SERIOUS about trading because it has to provide not only for my living, but also for making the nest egg for retirement.
And another thing I mentioned just 2 days ago or so, I'm gonna be confronted with the dentist bill of my wife, which is estimated at 38K and my insurance company only pays half of that.
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  • #639,908
  • May 4, 2012 6:39pm May 4, 2012 6:39pm
Quoting KillerWhale
And another thing I mentioned just 2 days ago or so, I'm gonna be confronted with the dentist bill of my wife, which is estimated at 38K and my insurance company only pays half of that.
the rest has to come from losers in fx
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  • #639,909
  • May 4, 2012 6:43pm May 4, 2012 6:43pm
Quoting KillerWhale
the rest has to come from losers in fx
But don't get this wrong, I will try to help anyone in this business who is really serious about it.
And I do not have a hidden agenda.
It's just for free and for fun, here on this site, because I like to share my views.

(I couldn't do this if I was wrong all the time )
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  • #639,910
  • May 4, 2012 6:52pm May 4, 2012 6:52pm
vision fails all time...
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  • #639,911
  • May 4, 2012 7:01pm May 4, 2012 7:01pm
Quoting jarhead
Hey Killer. I've been observing this this thread for couple months. I too used to shoot for 5-6% per week. Learned over time if you can post 3% per week, week in and week out, you are in the big leagues. I think you have had some really good averages over the past month. Also appreciate tips on some of the interesting pairs you have traded lately.
Thanks for the compliments, if you have questions, don't hesitate to ask, or PM.
I wish you a very good future in FX
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  • #639,912
  • May 4, 2012 7:03pm May 4, 2012 7:03pm
Morning
EUR Daily
Any idea?
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  • #639,913
  • May 4, 2012 7:19pm May 4, 2012 7:19pm
Thanks. Retiring SC homebuilder. Been trading couple years. Moderate success. Working on the patience thing! Picked up on the fact that you take FX seriously. Have a great weekend!
Defending Truth, Capitalism and the US Constitution
  • #639,914
  • May 4, 2012 7:26pm May 4, 2012 7:26pm
Quoting Ares13
Morning
EUR Daily
Any idea?
I'm going to develop my ideas in the next days
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  • #639,915
  • May 4, 2012 7:44pm May 4, 2012 7:44pm
Quoting KillerWhale
I'm going to develop my ideas in the next days
But remember, I've said that a few time before

I have NEVER MADE A LOSS in UCAD
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  • #639,916
  • May 4, 2012 7:46pm May 4, 2012 7:46pm
Quoting KillerWhale
But remember, I've said that a few time before

I have NEVER MADE A LOSS in UCAD
And I'm not about to change that
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  • #639,917
  • May 4, 2012 9:07pm May 4, 2012 9:07pm
Quoting Ares13
Morning
EUR Daily
Any idea?
Looks like its heading towards 1.3000.
The Thief of Wall Street
  • #639,918
  • May 4, 2012 9:21pm May 4, 2012 9:21pm
Quoting Chicky
Looks like its heading towards 1.3000.
I believe that
  • #639,919
  • May 5, 2012 12:00am May 5, 2012 12:00am
Quoting Ares13
I believe that
More like 1.2500, but what can we do than to wait.... Decision time for the fiber.

Posted earlier: http://www.forexfactory.com/showthre...32#post5639432
Don't just beat the markets, leave bruises.
  • #639,920
  • May 5, 2012 12:16am May 5, 2012 12:16am
Quoting Motion
More like 1.2500, but what can we do than to wait.... Decision time for the fiber.

Posted earlier: http://www.forexfactory.com/showthre...32#post5639432
oh, I see
I'm sleeping when you posted.
The time lag
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