you better have streaks of this long with that risk reward ratio. 1-10 pips profit and you let trades go 33 against? Your system better be right 150% of the time for that to work. Unbelievable that people actually read this and take it serious. ...

43 straight winning trades

Not the time of day to be trading. Its the time of day to get away from charts and enjoy life. No reason to jump in font of a moving train. The gj is in no mans land right now. No reason to trade to either side at this time

Auslanco - GBP/JPY and GBP/USD (newstrade)

Im bored so thought i would come back into this thread. I would look to sell this thing if it tests the highs of the four hour candle soon. I wouldnt be touching it at this level for a buy or sell.

Cable Update (GBPUSD)

excellent post infinity

Why Indicators will fail you

I guess this four hour candle on e/j was an engulfing bearsih candle ah eagle. I want peace in this thread, but seriously it just makes me laugh sometimes

Why Indicators will fail you

im cool with that man

Why Indicators will fail you

what more do you need other then account statement? Its right there. Private message me or yahoo im me [email protected] that goes for anyone who wants more proof.

Why Indicators will fail you

Like I said i would keep going long hitting singles then hit a homerun. Longs from 7500 have paid out nice. closed out final position at 8200. Trade was opened last week on the 10th I believe. Not a bad little week +700 on one trade. Anyone who ...

Cable Update (GBPUSD)

the phone number on there is wrong though. Its 480-980-3026 not 695-8017 lol

Why Indicators will fail you

Tech good post. I never claimed to know it all. I get stopped out of trades just like the rest of you. What I will say without hesitation is I am consistant in this market every month. I have losing trades but when the end of the month comes I am in ...

Why Indicators will fail you

Eagle the reason i didnt post my rules of engagement again was cause i wasnt starting this thread to talk about my trading. As we moved along you are right I probably should have explained a little more in detail what I look for. So I agree with you ...

Why Indicators will fail you

you know I can handle critics but blatant lies I just cant handle. The candle in question never went to 3905. From what I have drawn again here it closed at 4120 and made a low of 4055. That would still keep me in the trade with the stop losses that ...

Why Indicators will fail you

Fx good question i take both trend and counter trend trades with my method. I am looking for areas where the professional traders are most likely to reverse the market. I can post charts for today but I havent really had a setup i liked today. Last ...

Why Indicators will fail you

Maybe you can explain to me what 100+ pip drawdown you are talking about. there are always conditions to enter a trade. Like i said im not hear to argue, but again post a chart or something where that trade went several hundred pips in drawdown. ...

Why Indicators will fail you

Wrong Wrong and Wrong. I mean serious what time frame is this even on. You ask me to post a chart so i do then you give me this? So with that analysis you are selling as the market is already going down, and buying as the market is already going up. ...

Why Indicators will fail you

secondly eagle if you are talking about the first red candle with no wick being a losing trade you are again wrong. Its called managing a trade. Once a trade is up a certain amount of pips it should never become a losing trade. Once i get up 50 pips ...

Why Indicators will fail you

your statement that candles with no wicks are bearish is completly false. I mean I dont know any other way to put it. Completely false. that line of thinking is what makes it so funny. Go back and look at the history of what happens when you get a ...

Why Indicators will fail you

yeah yeah — here is a chart of e/u four hour time frame. The lines indicate places where i would get long. A four hour close with no wick is a good entry. None of those three trades were losing trades. The last one was good for over 400 pips. ...

Why Indicators will fail you

Eagle i am a fan of support and resistance levels for sure, but you are still missing the point that I have been talking about time and time again. there still has to be a setup. I have said this many times why is that ignored. Support and ...

Why Indicators will fail you

that is basicall what we are talking about man. Support and resistance are huge. Again though there still has to be a setup otherwise those areas dont mean a thing. I totally agree on looking at the longerterm charts. That is what you should be ...

Why Indicators will fail you