To give you all a little intro I have been trading for about two years now and I have tried pretty much every indicator that I thought was useful, read all the materials that I thought was essential, followed experienced traders and how they trade, glued my eyes over my laptop screen for hours at a time trying to find that pattern where it repeated itself over and over again. Through the years I felt like giving up withdrawing what little I had in my account and move onto something else something that I had a chance at winning. Presumably I was starting to believe that trading forex profitably was a myth that I was wasting my time.
These thoughts were always there whenever something wasn't going right. But deep down somehow I knew fx wasn't a myth and that anything was possible if you put your mind and give all you have. I want to quote a saying "If you think you can do a thing or think you can't do a thing, you're right" by Henry Ford. I resonate with every single word and I hope you all do. Anything worth having and worth fighting for. There's no easy way to success in life even outside of trading. This is what keeps me going.
Moving on couple of months ago when I was on the edge *almost* of giving up I noticed a pattern where it repeated itself over and over again. I studied the pattern backwards on pretty much every pair but mostly pound and euro crosses and concluded that I could exploit them to my advantage. Word of caution this is no HG or magic formula they don't exist if thats what you're looking for sorry to disappoint you. And realise that if you don't feel the pattern like I and many other pattern enthuasists do I advise you go find something that you're comfortable with. Trading is personal so should your system/method be. Don't copy what others say is good without knowing it all from deep within or feel comfortable doing. It should feel natural. At least thats what I think. They're countless smart/experienced people around sharing how they trade or they have before they trading finally took off, what I'm saying is that they're a lot of good material to learn from to read about on this and many other forex related forums. I'm not claiming how I trade is HG.
So now you're probably thinking if I have found something that works for me why would I share, well first of all trading is personal you can make money selling pound even if the UK economy is well in shape, if you can that is. I not only backtested by also forward tested this method on my live account for couple of months now but on 30m chart. I eventually managed to zoom down to 5m chart yes I know what you're thinking that ended bad, quite bad. So I'm making some changes the fundamental aspect of how I spot buy or sell remains the same, I look for the pattern but on higher TF and make my entry on lower TF. Sorry for all the mumbling, the point why I started this thread is I wanted to keep track of my progress, use it as a journal and learn from other fellow pattern enthusiasts out there and if there're newbies out there who could learn a thing or two I'd be happy. Thats how I got started we all learn from each other.
Enough the talking so shall we get started ?
These thoughts were always there whenever something wasn't going right. But deep down somehow I knew fx wasn't a myth and that anything was possible if you put your mind and give all you have. I want to quote a saying "If you think you can do a thing or think you can't do a thing, you're right" by Henry Ford. I resonate with every single word and I hope you all do. Anything worth having and worth fighting for. There's no easy way to success in life even outside of trading. This is what keeps me going.
Moving on couple of months ago when I was on the edge *almost* of giving up I noticed a pattern where it repeated itself over and over again. I studied the pattern backwards on pretty much every pair but mostly pound and euro crosses and concluded that I could exploit them to my advantage. Word of caution this is no HG or magic formula they don't exist if thats what you're looking for sorry to disappoint you. And realise that if you don't feel the pattern like I and many other pattern enthuasists do I advise you go find something that you're comfortable with. Trading is personal so should your system/method be. Don't copy what others say is good without knowing it all from deep within or feel comfortable doing. It should feel natural. At least thats what I think. They're countless smart/experienced people around sharing how they trade or they have before they trading finally took off, what I'm saying is that they're a lot of good material to learn from to read about on this and many other forex related forums. I'm not claiming how I trade is HG.
So now you're probably thinking if I have found something that works for me why would I share, well first of all trading is personal you can make money selling pound even if the UK economy is well in shape, if you can that is. I not only backtested by also forward tested this method on my live account for couple of months now but on 30m chart. I eventually managed to zoom down to 5m chart yes I know what you're thinking that ended bad, quite bad. So I'm making some changes the fundamental aspect of how I spot buy or sell remains the same, I look for the pattern but on higher TF and make my entry on lower TF. Sorry for all the mumbling, the point why I started this thread is I wanted to keep track of my progress, use it as a journal and learn from other fellow pattern enthusiasts out there and if there're newbies out there who could learn a thing or two I'd be happy. Thats how I got started we all learn from each other.
Enough the talking so shall we get started ?
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