I am not interested to talk about me, but I must confess that dont like to post in forums and less to post about my trading so I am not sure why I decided to initiate this today.
I am a member o FF since year 2004, but rarely post in the last years. I am a real professional trader, not someone that appeared here last year, or last month. I am trading forex from 10 years now, and before that stocks, and commodities.
Said that, first at all I would like to declare that I believe most (but certainly not all) people in the forums are good people, and deserve the hard support needed to win.
Second, I want to state that in my humble opinion, most (and certainly almost all) indicator, systems, EAs, are absolutely worthless.
The best advise to a new forex trader is not to trade and look fortune elsewhere. This market WAS easy, and a goldmine in the beginning, when stops were honored by brokers, but now is every day (or almost) introduced by Winston Churchill: "I have nothing to offer but blood, toil, tears and sweat."
I will posting (initially for 2 weeks only, then we will see) every day before midnight GMT, some trades indicated by my proprietary system.
I am a technical trader, and my trading is based mostly in proprietary indicators based in stochastics, atrs and moving averages.
Sorry, I will not disclose my system further than what is said in this post. IMHO people has no idea of what a winning system cost, in term of efforts, time and money, 99% desist before to reach that point. This is the real reason why what is posted in matter of systems is mostly worthless (with some pearls of wisdom sometimes off course). ... good people that believe in what are saying, without remembering that the way to hell is paved with good intentions.
I will not post complete trades with stops and break evens because this is not a signal service, but I WILL post the trades BEFORE I enter them around Midnight GMT, with direction and targets and I will post the results.
I will use the following acronyms:
B: FOR BUY OR GO LONG
S: FOR SELL OR GO SHORT
1L = 1 LOT
2L = 2 LOTS
M= MARKET
P = PENDING
SO GBP/USD B2LM means buy 2 lots of gbp/usd at market at 24 GMT and GBP/USD S2LP1.5950 means to sell 2 lots of gbp/usd pending order at 1.5950.
Good Trading to All.
Pepe
NOTE: THE 2 WEEKS ARE LONG GONE. I WON, AND I AM NOW POSTING MORE RELAXED MARKET COMMENTS AND TRADES, BUT NOT WITH THE SAME PRECISION THAN IN THE 2 WEEKS EXPERIENCE.
I am a member o FF since year 2004, but rarely post in the last years. I am a real professional trader, not someone that appeared here last year, or last month. I am trading forex from 10 years now, and before that stocks, and commodities.
Said that, first at all I would like to declare that I believe most (but certainly not all) people in the forums are good people, and deserve the hard support needed to win.
Second, I want to state that in my humble opinion, most (and certainly almost all) indicator, systems, EAs, are absolutely worthless.
The best advise to a new forex trader is not to trade and look fortune elsewhere. This market WAS easy, and a goldmine in the beginning, when stops were honored by brokers, but now is every day (or almost) introduced by Winston Churchill: "I have nothing to offer but blood, toil, tears and sweat."
I will posting (initially for 2 weeks only, then we will see) every day before midnight GMT, some trades indicated by my proprietary system.
I am a technical trader, and my trading is based mostly in proprietary indicators based in stochastics, atrs and moving averages.
Sorry, I will not disclose my system further than what is said in this post. IMHO people has no idea of what a winning system cost, in term of efforts, time and money, 99% desist before to reach that point. This is the real reason why what is posted in matter of systems is mostly worthless (with some pearls of wisdom sometimes off course). ... good people that believe in what are saying, without remembering that the way to hell is paved with good intentions.
I will not post complete trades with stops and break evens because this is not a signal service, but I WILL post the trades BEFORE I enter them around Midnight GMT, with direction and targets and I will post the results.
I will use the following acronyms:
B: FOR BUY OR GO LONG
S: FOR SELL OR GO SHORT
1L = 1 LOT
2L = 2 LOTS
M= MARKET
P = PENDING
SO GBP/USD B2LM means buy 2 lots of gbp/usd at market at 24 GMT and GBP/USD S2LP1.5950 means to sell 2 lots of gbp/usd pending order at 1.5950.
Good Trading to All.
Pepe
NOTE: THE 2 WEEKS ARE LONG GONE. I WON, AND I AM NOW POSTING MORE RELAXED MARKET COMMENTS AND TRADES, BUT NOT WITH THE SAME PRECISION THAN IN THE 2 WEEKS EXPERIENCE.