Hey friends. I was reading and I found some interesting posts about Eelfranz by Snarlyjack.
" Snarlyjack:
* Emmanuel,
To answer your question on what Eelfranz taught about s & r.
What I remember him saying is: " reduce your bar size to
the smallest possible size and look left". He was always saying
look left to find your levels and s & r. I don't ever remember him
using fibs, s & r, levels, etc. I think he eyeballed it.
I don't ever remember him putting lines on his charts. I think
he went by the tdi 90% of the time and his gut 10% of the time.
He had a "feel" for the market that I'am sure took years
to develop.
I tried to answer your question correctly...
snarlyjack.
* Emmanuel,
Did I ever tell you that I think he was rich?
I can remember him telling me that on numerous
times he would use 10 standard contracts
for a quick scalp trade for 20-30 points. 10 x 20 = $2000.
moves that he did all the time while waiting for
the bigger moves to happen. He funded his church
and daughter big time. You know, whenever his daughter needed
a car he would say, ok honey go pick one out! You know
how dad's are...
snarlyjack
* The system that were trading was designed by the best trader that I know.
Like Eelfranz always said, he traded forex cause he really liked to trade
and was very good at it. Not because he needed the money. He was
the perfect person to learn from. He only wanted people to be successful
and live a great life. He tried to share everything that he had learned.
It's really to bad that he died, now we are trying to pick up from where
he left us and keep moving forward...He taught a lot of the successful
traders here at forex factory.
snarlyjack.
" Snarlyjack:
* Emmanuel,
To answer your question on what Eelfranz taught about s & r.
What I remember him saying is: " reduce your bar size to
the smallest possible size and look left". He was always saying
look left to find your levels and s & r. I don't ever remember him
using fibs, s & r, levels, etc. I think he eyeballed it.
I don't ever remember him putting lines on his charts. I think
he went by the tdi 90% of the time and his gut 10% of the time.
He had a "feel" for the market that I'am sure took years
to develop.
I tried to answer your question correctly...
snarlyjack.
* Emmanuel,
Did I ever tell you that I think he was rich?
I can remember him telling me that on numerous
times he would use 10 standard contracts
for a quick scalp trade for 20-30 points. 10 x 20 = $2000.
moves that he did all the time while waiting for
the bigger moves to happen. He funded his church
and daughter big time. You know, whenever his daughter needed
a car he would say, ok honey go pick one out! You know
how dad's are...
snarlyjack
* The system that were trading was designed by the best trader that I know.
Like Eelfranz always said, he traded forex cause he really liked to trade
and was very good at it. Not because he needed the money. He was
the perfect person to learn from. He only wanted people to be successful
and live a great life. He tried to share everything that he had learned.
It's really to bad that he died, now we are trying to pick up from where
he left us and keep moving forward...He taught a lot of the successful
traders here at forex factory.
snarlyjack.
