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fxhermit replied Dec 29, 2010Other name — I think that this system may once have been sold under another name. That version probably had a horizontal support/resistance indicator as part of the package. Being able to fairly accurately mark significant S/R levels on a ...
Forex Bible System
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fxhermit replied Dec 29, 2010Paradise — The last three days have been a swing trader's paradise with approx. 200 pip ranges in the EURUSD. The H1 entry signals on this system were pretty good. It signaled the same trades as my usual swing trading system with very little ...
Forex Bible System
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fxhermit replied Dec 29, 2010MT4 Tools — I just use the trendline and Andrew's Pitchfork tools as found in MT4. Search around FF and there will be lots of info on how to use trendlines, forks and channels. Delineating the trading landscape is imperative to a swing trader, ...
Forex Bible System
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fxhermit replied Dec 28, 2010Darn good idea — Yup, and other than a basic visual, I wouldn't personally put too much energy into back testing. The ultimate proof of the pudding is if it works for you in live testing. I keep a live micro account for just such purposes. The ...
Forex Bible System
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fxhermit replied Dec 28, 2010current view — Channel dynamics as I currently see it. Horizontal support nearby - hold or give way ??.
Forex Bible System
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fxhermit replied Dec 28, 2010way to go — Nice going Cubbybgood. Finding something that works for you and makes the market a friendly place to be for you is definately the kind of edge that you want to exploit. Although I do a bit of scalping now and then, my prefered ...
Forex Bible System
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fxhermit replied Dec 28, 2010mq4 — Thanks SMScom for the mq4's. Gives a bit more insight as to some of the logic behind this system.
Forex Bible System
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fxhermit replied Dec 23, 2010Off the top of my head — This is strictly off the top of my head, but, If I were to take ownership of this trading system I would first of all use it as a swing trading system in the H1 for the EURUSD simply because that's already how I trade ...
Forex Bible System
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fxhermit replied Dec 23, 2010making it your own — O.K. the fact that this was once a $97 system is at this time a mute point. I do agree with Gulfcoastpip's comment about creating your own trading system that suits you. Part of the reason why traders can't just pick up a ...
Forex Bible System
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fxhermit replied Dec 23, 2010Ain't that the truth. One of the frustrations of buying commercial systems. The authors don't seem to realize (or don't care) that they are actually doing themselves (and their customers) a diservice with these claims. I would rather see them ...
Forex Bible System
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fxhermit replied Dec 23, 2010black box?? — Forex Bible System...... God! what a terrible name
Nice system though. With a little "tune up" (should only take a couple of minutes fiddling) it could be an effective swing trading approach for say the EURUSD in the H1 time ...Forex Bible System
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fxhermit replied Nov 27, 2010secret revealed? — Now you've done it .... revealed the secret and given it all away
. The odd thing is that most retail traders refuse to believe that trading is really that straight forward and simple, it's just not an easy concept for ...the way the big players trade?
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fxhermit replied Nov 13, 2010Tongue in cheek — Amen to that!
and Forex is just all of the world's Monopoly money all in one place ...so help yourself 
Ridiculous Trading Myths
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fxhermit replied Nov 11, 2010two sides of the coin LOL — "Traders who spend time in a forum are profitable." Sorry, couldn't resist.

Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010Ahhh .... the 95% that fail - truth (reality) or myth that has come to be belief (perception)?
Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010[quote=CindyXXXX;4152382] For Would sorta be like the FF Apocolypse
quote] Wasn't that the Jacko thread? 
Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010Well, if your perception (belief system) is in harmony with the structure of the market (my points about Impulse and Corrective waves in previous posts) then trading should theoretically be profitable. If, on the other hand, your perception (belief ...
Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010Myth or truth — From the venerable Bill William's, one of the chapter headings in his book: "The Market Is What You Think It Is There is no reality, there is only perception" He is basically saying that we don't really trade the markets, just ...
Ridiculous Trading Myths