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Kanzler replied Apr 27, 2014Which question/conversation?
ReadtheMarket - Supply and Demand with Price Action
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Kanzler replied Apr 27, 2014And the answer is, -99.7%.
What is monthly average earnings for forex traders?
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Kanzler replied Apr 27, 2014Just to clarify what I might have told you earlier, be careful to differentiate "why" from "how". How is actually what's more important here, not why. Why is trying to decipher fundamentals...a futile task from which you'll find a million different ...
Why do Newbies Lose?
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Kanzler replied Apr 27, 2014This forum is a good place to get started at. But after a certain point, it's entertainment. Most profitable traders don't come here because they want to share their strategy or because they're looking for something new, but because they're bored ...
Do scalpers make money in the long run?
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Kanzler replied Apr 27, 2014Experience. In all fairness, I don't believe the vast majority of indicators are of any use, because their basis isn't in the lowest level market mechanics and because they lag behind actual data. I just think a lot of people are looking for the ...
Is divergence trading an effective approach?
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Kanzler replied Apr 27, 2014You aren't going to believe me. But no, it's not. No indicator system is going to make you profitable over the long term. I noticed that you qualified your claim by saying that it works on gold with a specific type of stochastic and implied that it ...
Is divergence trading an effective approach?
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Kanzler replied Apr 27, 2014It was a simple S/R flip I think.
After doing some reading today I think I've figured out my missing information...check out the videos section on RTM; he explains some full trades that filled in some of the gaps in my understanding. I think my ...ReadtheMarket - Supply and Demand with Price Action
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Kanzler replied Apr 27, 2014I remember when I was playing around on FX CM's platform backtesting years ago, that I had a "hunch" for predicting breakouts. Turns out it was juts PA was in one of the right side corners of the screen and the program had already adjusted the ...
I can predict moves but then I forget how. Why?
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Kanzler replied Apr 27, 2014It's my beard, isn't it?
Thanks mate, same for you.Do scalpers make money in the long run?
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Kanzler replied Apr 27, 2014I've only been watching EU for a while now, I haven't had time to give good analysis to other pairs. The lowest time frame I watch for identifying ideal trade times is the M30 as well, so that contributes. Also as mentioned I risk half a percent and ...
Do scalpers make money in the long run?
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Kanzler replied Apr 27, 2014Hi Davit, good to see you again. I guess we'll see what happens.

EURUSD
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Kanzler replied Apr 26, 2014I appreciate the offer, but if by classic TA you mean indicators and cup and handle patterns, I have to decline.
I actually have some decent entries. Identifying the right time to exit has been my problem since I've been a little spoiled with the ...Do scalpers make money in the long run?
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Kanzler replied Apr 26, 2014Same. I'll be glad for 2% a month consistently, lol. Some months I make break-even and I've had a loser once in a while. But 1% is probably a good average, I'll have to run the numbers as now I'm curious (I risk half a percent btw). Scalping is just ...
Do scalpers make money in the long run?
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Kanzler replied Apr 26, 2014I already got the job, pal. The "job" I have is a career working with some of the poorest children in the country who have long been forgotten by the majority. It is a career I find to be fulfilling and honest, and trading is something I want to use ...
Do scalpers make money in the long run?
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Kanzler replied Apr 26, 2014Unfortunately feedback from truly qualified persons is too rare to dismiss bad trades to poor luck. I'm certain there are quite a few opportunities I just completely botch that could have been good profitable trades.
ReadtheMarket - Supply and Demand with Price Action
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Kanzler replied Apr 26, 2014Trading bitcoin knockoffs is kind of like trading penny stocks. 90% of them are pump n' dump schemes and are going to burn you when the game of musical chairs is over.
Alt Coins trading
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Kanzler replied Apr 26, 2014Yes, that's the issue I had a question about earlier. When IF replied though, it turned into a question of which one is more important, which is what I put the charts up for. I saw the higher frame supply/decision but when I zoomed in apparently I ...
ReadtheMarket - Supply and Demand with Price Action
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Kanzler replied Apr 26, 2014I noticed that there were two opportunities to enter. The first and by far most profitable was the FTR on the M1. But when price came back to the overall flag, it dropped again. I wouldn't have been able to pick the exact spot at which price ...
ReadtheMarket - Supply and Demand with Price Action
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Kanzler replied Apr 26, 2014Maybe this is what you're talking about. In the M30 I've identified what I thought was an FTR - we had a break of the flag into the LQG and the creation of a new one. Looking down at the lower minute frame I see that we had a very tiny little zone ...
ReadtheMarket - Supply and Demand with Price Action