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Starting a Trading Group

  • #21
  • Jul 1, 2015 3:50pm Jul 1, 2015 3:50pm
Hoffi4201, what is the kill
  • #22
  • Jul 1, 2015 4:23pm Jul 1, 2015 4:23pm
Also interested. Am following now.
  • #23
  • Jul 1, 2015 6:31pm Jul 1, 2015 6:31pm
Quoting Hoffi4201
Hi, I really don't know if I am in the right section for this but I can't post in Interactive Trading due to membership requirements. Anyways I want to start a trading group which is following one daytrade strategy and one momentum strategy which I believe it can be profitable. I know that this idea of a trading group has already been made (and failed) by many others but I give it a try! It should be a group of 5 or 6 people using some kind of chat software and screening together the market. These two strategies are aiming for a 2:1 RR and following...
After you have spent several years trading Forex live you start to realize all you should be thinking about is survival. Succeed in the Forex market???????? Try to survive first....
  • #24
  • Jul 1, 2015 7:42pm Jul 1, 2015 7:42pm
Quoting Hoffi4201
As you can see on the chart, the bottom zone is valid, the top zone was already tested so it's not a fresh level anymore!
I'm finding that those perfect setups are few and far between. Would you say that Supply/Demand zones on lower timeframes (15 or 5 minutes for instance) are as effective as on the 1 hour?
  • #25
  • Jul 1, 2015 10:36pm Jul 1, 2015 10:36pm
Did you start it ?..... i am interested
  • #26
  • Jul 2, 2015 2:36am Jul 2, 2015 2:36am
Here to go:

http://www.forexfactory.com/showthre...11#post8359311
  • #27
  • Jul 2, 2015 3:39am Jul 2, 2015 3:39am
Trade group is a good idea, but it has to be unified, diversity is a weakness and it ends up in a squabble. Yes diverse opinions add to the soup, but when the flavor is off then you play the blame game and the group is in peril. Anyway, my idea for a group is a little more ambitious, I guess you could call it a flash mob. Take a thousand traders, 100,000 would be far more effective, pick a pair, pick a time, that would be day, hour, min, and everyone buys or sells, according to the designation at the sametime. Do you think that would move the market.......oh just a little. Everyone gets to play soros or buffet, short the pound, they don't mind......lets all play destroy the ozzy dollar. Hey hold it for special occassions, you know, when facebook is going acquire some billion dollar property overseas and they want to do some arbitrage action and WE THE PEOPLE drive the currency price up.......Zuckerberg he so smart, he like a smart thing he, ya I know it will never work......try it and watch and see what happens to forex factory. Suddenly the wallstreet whiners start to cry, next thing you know, they shut off retail currency trading due to their inability to control the flow upward to them. Arrests are made, life imprisonment for me, and a few others that I implicate trying to make a deal to save my butt from the ravages of bubba and the backdoor boys in the joint. You could write a novel about this.......I can't, must stare at charts, so many charts so much staring......
  • #28
  • Last Post: Jul 2, 2015 5:17am Jul 2, 2015 5:17am
Quoting fibulator
Trade group is a good idea, but it has to be unified, diversity is a weakness and it ends up in a squabble. Yes diverse opinions add to the soup, but when the flavor is off then you play the blame game and the group is in peril. Anyway, my idea for a group is a little more ambitious, I guess you could call it a flash mob. Take a thousand traders, 100,000 would be far more effective, pick a pair, pick a time, that would be day, hour, min, and everyone buys or sells, according to the designation at the sametime. Do you think that would move the market.......oh...
nice thoughts !!
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