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LJ Forex Group

Sorry, please can you tell me what is FTB and any other abreviations you use? I am part the way reading through the thread but have not come across the abreviations yet. Thanks

LJ Forex Group

The problem I have with the demand you show is that it is not strong as it looks a very sluggish move out of the level initially. The second pull back however does show strength but that could be unrelated to the previous sluggish demand level and ...

LJ Forex Group

Those shaven candles you show, mine all have wicks... BUT you clearly show strong candles coming out of periods of more compressed candles which is supply/demand.

LJ Forex Group

eur — Possible eur scenario. Compression into demand level is unlikely to hold due to the previous activity at the demand level imo. Caution: Friday and price has already tanked some 130+ pips from start of Asian session (the latter which ...

LJ Forex Group

Great Post

LJ Forex Group

A well defined risk model can help to remove ego. One needs/expects losses to make gains. The end result could be a high probability low expectation or high expectation low probability method that one needs to strictly follow to reap rewards (High ...

It is so easy, yet so hard

I agree that there is a lot of crap around regarding mechanical systems. However much of it is due to really bad money management strategies that go with it. Great mechanical systems do exist, often with very low win rates but very high r multiples. ...

LJ Forex Group

Just found this gem of a thread.

LJ Forex Group

[quote=60minuteman;5711640] There's a good Free webinar by fxevolve that discusses this process in detail. Its basically Van Tharp's expectancy formula. Good stuff and definitely a psyhological wake up.

Buy sell line trading

Yo Kenny dat's dope.

Romancing the Price

Use smaller time frame levels within the weekly such as Daily or H4. What was the RR of your weekly level that got broken? Did you use the odds enhancers?

B.S. Trading with Kenneth Lee

Ok then smart arse put knowledge to action and help the man out instread of providing daily results which are totally meaningless. I'd be very interested to know where the edge is. Good luck.

1minute 1 trade

I am not knocking you and you have rightly warned people of the limited data which was the biggest hint you gave your followers to help you out imo. Your followers should be back testing this for at least 12 months. It's non-discretionary so a ...

1minute 1 trade

Flimsy logic, 25 days of data and you are trading this daily! You really think 1 week of data means anything at all! This is just pure entertainment. You people need to wake-up and do the math.

1minute 1 trade

yes nfp is fun to watch -it is utter BS in its purest form. video

The life of a trading system on Forex Factory

Ok fair comment but I think people try and understand too much. There are only 2-3 major economic drivers to watch for at any one time to gain overall sentiment of the major currencies and then just monitor them in relation to the risk aversion ...

The life of a trading system on Forex Factory

Why do people get so excited about bashing fundamentals? Macro fundy sentiment moves the market. Can be used as an indicator alongside the context of price action, that's all, no big deal, no conspiracies etc.

The life of a trading system on Forex Factory

Yeah. Some guy named Paulus trades 1min chart on spread bet pwatform and makes 200% per month Its true. He told me.

The life of a trading system on Forex Factory