{quote} In principle, just purely looking at the M5 chart it all looks good; did you check M15 ??.... but Were you aware of the ECB rate press conference call, and Draghi's comments. The markets have been in great debate over what they were going to do, their decision was controversial. So it proves Genesis provides accurate signals; and sometimes knowing too much about the bigger picture, can make you unnecessarily over-cautious. Not sure if you stop got taken out ?? But as for entries pretty good
), I know I will stick to HPT setups because I have proven to myself that it's the way to stay consistent, and staying consistent is what would allow me to actually live off forex trading. I don't fear getting burnt too badly, I fear a streak of losses due to the fact that I have failed to adapt to the summer market conditions. I would be really grateful if you could help me out with this, as I feel it is the last obstacle in front of me. I would also love to keep contributing to this thread, but with live trades this time, because they mean so much more than a simple unplanned demo screw-up that turns out profitable per se. Hey everyone. I have an unusual question, which comes from the fact that I don't have enough time trading forex behind me. With summer approaching, I've read that volatility drops, right? I was wondering how that affects genesis traders. I know it is not an exact science, but I was wondering if any of you more experienced traders (RJ, marty and the rest of you whose great advice have allowed me to progress pretty neatly the past few months) could share their experiences from, let's say, the previous summer? Are HPT harder to get, do you spend way...
{quote} Last year, all of last year, the volatility in the markets was way down on previous years, and certainly way down on this year ........ come to you, I think you'll be fine.
{quote}As I have said many times before, patience is the holy grail for fx trading, imo.
If you can end the week/month with an average of 50/day and you apply the compounding method, you'll be very happy
{quote} that's interesting so much so, let me do an example, just to see if I've undersstood well it's in euro, as it can be valid in every currencies - Account 5.000 euro; - Leverage 10; - Cross Eur/Usd; - Pip value (actual) 3,82; - Weekly medium target 250 pips (50/day * 5); - Compounding all; - Start period weekly may 5 2013; (Just to be intended as medium results) - After 1 week / 5.995 Euro - @ weekly august 12 2013 / 48.509 Euro - @ weekly december 12 2013 / 795.080 Euro ................. no ........................
