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- RFMagus1 replied Feb 8, 2019
I understand the skepticism. I've traded currencies for 10 years with marginal success. I discovered a unique method of trading without charts in November 2018. The setups appear continuously on USD,GBP, CHF,CAD AUD & NZD. When I discovered this ...
- RFMagus1 replied Jan 24, 2019
I have been trading Forex for 10 years with moderate success. About two months ago I was looking at a chart and had a "eureka" moment. Using candlestick charts reduces currency trading to gambling or guessing. No wonder that 95% of new traders fail. ...
- RFMagus1 replied Sep 29, 2017
Exactly how many times does this setup happen in a 10 year period? I suspect not many. At least it conserves capital because you'll be making very few trades per year.
- RFMagus1 replied Aug 11, 2016
Would like to hear some opinions concerning this issue: Is it better to trade multiple pairs at the same time, or is it more profitable to concentrate your trading on one, or possibly two pairs all the time?
- RFMagus1 replied Jul 13, 2016
I don't use Stops, have been trading Forex since 2008 and have NEVER blown out my account. Major traders, hedge funds, banks and other high volume market participants don't use Stops either. The mark of an "amatuer" trader is one who uses Stops. ...
- RFMagus1 replied Jun 20, 2016
That being the case, if you arbitrarily pick the highest high and lowest high at, for the sake of argument, 11:00am, and a subsequent high( let's say it happens at 1:00pm) eclipses the highest high and lowest high as of 11:00am, the integrity of ...
- RFMagus1 replied Jun 20, 2016
Let me try to understand this. Are you saying that you trade today using yesterdays highest high and lowest high? How can you use TODAYS highest high and lowest high if they havent occurred yet?
- RFMagus1 replied Jun 1, 2016
Too many rules.Trading is instinct and flexibility. This method seems stiff, unsure and complex.
- RFMagus1 replied Jan 25, 2016
Is anyone here trading with the Gartley pattern? It's from the 1930's but works especially well in the current market clinate.
- RFMagus1 replied Mar 24, 2015
The single biggest weakness of all trading systems is that they are designed to somehow lure the market into their setup. This is a fallacy for two reasons: 1) These $97 systems attempt to draw the market into the system. The market goes where it ...
- RFMagus1 replied Feb 23, 2015
EUR-USD at 1.31200 by March 15th. Regression Channel breakout through compression.
- RFMagus1 replied Feb 21, 2015
This thread has deteriorated into mathematical psycho-babble. Fact is, trading is a simple game.....fear vs greed. At the moment EUR-USD is awash with fear. Eventually, if the law of reversion to the mean holds water, the EUR is going to snap back ...
- RFMagus1 replied Jan 15, 2015
For us retail types, Forex is gambling by another name. Only difference is that we can't see the deck of cards as they're dealt.
- RFMagus1 replied Dec 9, 2014
USD-JPY: Well gentlemen and ladies, let me introduce you to a bubble bursting. 118.926 and on down.
- RFMagus1 replied Dec 5, 2014
USD/JPY........120.643.....that's all she wrote folks.Time to short heavily.
- RFMagus1 replied Dec 3, 2014
Probably the Chinese. They have a pathological dislike for Japan.
- RFMagus1 replied Dec 3, 2014
Wonder who, or what is manipulating this pair and trying to put Japan out of business. It looks like a massive bubble is forming here. Be careful all you happy go lucky LONGS.
- RFMagus1 replied Oct 13, 2014
RE: Millionairres on this blog: Those who aren't say they are, those who are don't say.
- RFMagus1 replied May 15, 2012
Currency Trading(eur-usd) — Does anyone here believe that currency trading at the retail level is a big scam designed to take amateurs money away from them? This EUR-USD "crisis" is a giant manipulation by big market players. They want to ...
- RFMagus1 replied May 11, 2012
EUR-USD Manipulation — Looks like Market Makers are accumulating BUY orders near the bottom. When they start releasing profits next week, EUR-USD will shoot up like a rocket