Hmm... Almost half of this small sample say that they have a secret indicator that works all the time. This is not to make fun of you, but what's stopping you from becoming a trillionaire using your indicator? Even if your indicator is not the Holy ...

The Secret Indicator?

There has been a lot of interesting and useful discussions since I started this thread. But I still haven't asked this question yet: Is there anyone here in this forum who becomes a millionaire purely from trading forex?

Can you honestly earn a good living or even get rich through forex?

Thank you. But which did I get it right and wrong? Trouble is SM doesn't really talk about PF recognition. He only says "There's PF, Safety trade is next." My PF leans more toward candlestick pattern. Variations of M&W & H&S. How would you mark the ...

M&W-Trading

FX-Trader, or anyone else, can you please verify my PF identifying? This is EU for the whole month. I appreciate any help.

M&W-Trading

Yes FX-Trader, I've followed your suggestion since the first time you told me to and I thank you for your help. I only look at 1H chart until I can see a clear setup before zooming in into the 15M chart. But identifying PFs is by no means an easy ...

M&W-Trading

Thanks M and Moloy. Well, it's tough not being smart. Every day, I dedicate at least 3 hours on and off doing my homework and demoing. With my trades sometimes I get it right, sometimes I get it wrong. If I got mostly wrong, then I would've given ...

M&W-Trading

I've been following that, but doing my homework, I found the swipes, or 3 spikes to the direction of the hunt, is very rare. I mostly found M&W + vector candles. You mentioned 3 swipes/3 pushes. They are not the same are they? 3 pushes are the ...

M&W-Trading

Pictures attached. EU and GU, same story. I did demo and I did live account. I've lost a lot of real money already. The trouble with me is, I don't want to give up. Looking at people here, I know this method works. I just haven't found the missing ...

M&W-Trading

There you go, the levels are extended again in EU & GU. Perfect M. Brink Trades even. But ended up badly. This is so frustrating.

M&W-Trading

See what I meant by dealers keep resetting? USD/CHF, USD/JPY, and virtually all other JPY pairs have gotten 2-3 pushes, forming a nice M, and are supposed to go down, but the news seem to extend all of them. Had I traded any of them, and I would if ...

M&W-Trading

This is the latest half-a-batman that I can find. GU a couple of weeks ago. But would you trade it? Wouldn't you also consider the possibility of a second leg or even a reset?

M&W-Trading

Here's my understanding: Yesterday Hi-Lo (Aqua color on the chart): This is the area where previous trap volume is often made. If today's stop hunt distances itself from it (all subjective judgment of course), then you can be sure that price will ...

M&W-Trading

@ianf0ster Indeed, even up to this day, I'm still having trouble picking genuine PF. Early on in this thread, thanks to everyone who contributed, I made a general definition of a PF: Highly visible in 1H chart. Less in 4H chart. Do not use 15M chart ...

M&W-Trading

I would say his whole concept is rare to begin with. He did say there are only 3-4 setups per week. Looking at this week alone, among all majors I can see 1 EU on Tuesday SHLR. 1 Safety Trade GU on Tuesday. 1 MPF UF&UJ on Thursday. So that's 4. It's ...

M&W-Trading

Man, that's definitely some new material you put in there. I never touch W1 or MN charts. Steve said it's irrelevant. You only need the past 3-5 days worth of data he said. It's good that you are combining the teaching from other people into your ...

M&W-Trading

What's the reason for this trade? PFL has just formed yesterday (in my opinion), and you went short. Towards the peak formation. Something SM says against. I personally wouldn't trade it just because an M is forming there. What's your definition of ...

M&W-Trading

Thanks for the honest answer Moloy. 70% sounds like you're a human. Definitely more realistic than the hyped and promised 90% Holy Grail by SM. So feel free to share your losing trades as well That way we can all contribute to everyone's ...

M&W-Trading

I find your level counting different than mine. Didn't SM say to count the level based on the pushes? You seem to count it by the day. Day 1 rise Day 2 rise, etc. Instead of level 1 rise, level 1 consolidation, level 2 rise, etc, while disregarding ...

M&W-Trading