It’s probably better if I keep testing it on demo on my end so you’re not tempted to trade real money with it. I’ll keep demo testing and update here. I know a lot of people look down on demo, but they’re very useful. Even if you’re trading live, ...

Quitting Forex

I’d say it did good enough on day one, hitting 900 USD for now. I can’t test it tomorrow since I’ve got a lot going on and won’t be home, but I’ll definitely check it again on Wednesday. I’ve got a feeling it’ll hold up, for at least 500 USD. If ...

Quitting Forex

It’d be ironic funny if this thread went from Quitting Forex to Joining Forex. It would be great if it turns into people talking about why to get into trading Forex instead of why to stop. If this simple indicator system keeps working for the next 3 ...

Quitting Forex

Trading isn’t hard if you know how to do it. Just like 2 + 2 isn’t hard unless you don’t know what 2 is or what the + sign means. Without enough understanding, even something as simple as 2 + 2 is impossible to do. The same with trading. If you ...

Quitting Forex

Not judging, just thought it was funny irony to see "Quitting Forex" trending on ForexFactory, the place where people go to start trading. Topped off with a dickhead comment.

Quitting Forex

The first thing I see on the ForexFactory main page lol image

Quitting Forex

Here's another setup for D1 timeframe I'm playing with related to the setup I discovered today, the pending buy limits would be placed at one or both of these local lows, with the target being the 161.8%. It's also possible the price could push as ...

Candle Patterns Magnet Zones and More

There are too many examples to post but this another current example on H4 for those on MT4 that want to demo test it on demo only. Not financial advice. image

Candle Patterns Magnet Zones and More

There are many, many, chart examples but here are a couple of examples to show that price could push up to anywhere in (let's called it, zone 1, zone 2, zone 3) before correcting. I only just began experimenting with this but I believe I'm seeing ...

Candle Patterns Magnet Zones and More

Experimenting with a new setup I found this weekend and spotted the first one on GBPNZD H4, where price could push up a bit more but then will be likely to return to the 261.8. It you trade it, do it on demo only. Not financial advice. image

Candle Patterns Magnet Zones and More

Looks like they could be making money from YouTube: url url url

Quitting Forex

There are a lot of winning strategies, really. I don’t use indicators for signaling at all, but I just put one public indicator on my chart today, after many years of looking at considering the same strategy years ago, and before, having the same ...

Quitting Forex

I don’t know if this helps for you to know but I can’t even tell you how much money I have lost trying to learn trading Forex, many thousands in USD. Over 100K USD for sure. I’m still not at breakeven lol. I admitted it, I’m not sure if others will. ...

Quitting Forex

The idea that led to taking this EURCAD D1 wasn’t really based on a candle pattern. It was more about price coiling in a range and liquidity building. I’ll try go into it more this weekend. image

Candle Patterns Magnet Zones and More

For the target, I use any sensible local high on H1. image

Candle Patterns Magnet Zones and More

AUDUSD H4 looks like it's closing too high, not correct for the candle structure so at this point, with 5 minutes before close, GBPAUD H4 is the more valid example of the pattern. Not financial advice. image

Candle Patterns Magnet Zones and More

Similar analysis as above, for GBPAUD H4. image

Candle Patterns Magnet Zones and More

There are still about 30 minutes before this AUDUSD H4 candle closes but it’s the same pattern, again. We’ll wait for the next small bodied candle next, or, just a breakout to the downside as just mentioned in the previous post. The breakouts don’t ...

Candle Patterns Magnet Zones and More

About the NZDCHF W1 example shown previously, it isn't necessary to only have a small bodied candle next. It's also possible the candle can just breakout as it did here, which would also signal the continuation as it did in this example. image

Candle Patterns Magnet Zones and More

Not the kind of feedback and engagement that makes me want to keep posting, but definitely the kind that makes me wonder why I’m even bothering.

Candle Patterns Magnet Zones and More