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the_wizard replied May 4, 2012Did anyone get long May Soybean? I tweeted this one earlier in the week. It had literally zero drawdown. It's an example of the kind of levels you guys need to be interacting at. Print the chart out, put it above your desk and use it as a benchmark. ...
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the_wizard replied Apr 20, 2012Some good questions on here folks. I'm not ignoring them - I'm busy trading but I will see they are answered in the Sunday webinar.
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the_wizard replied Apr 17, 2012I got the EUR/USD SFP yesterday. What a beautiful trade! When I checked the calendar here at Forex Factory the first thing that caught my eye was this: url This didn't hurt either ;-) url
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the_wizard replied Apr 12, 20121) I don't trade crosses. One reason is the spread is usually too large a percentage of the ATR. This is something which many overlook but which negatively affects your edge unless you are going for huge moves. On AUD/CHF, the market has to move 8% ...
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the_wizard replied Apr 9, 2012Nice trade. Although perhaps worth noting that it was a 16 pip gap on my FxPro feed. You should have passed on this. I was worried enough about this setup that I actually went down to half size for it so you certainly didn't want to be doubling up. ...
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the_wizard replied Mar 29, 2012If it's not performing, don't be afraid to cut it. There is no room for stubborness. The best SFP's often show momentum fairly quickly as trapped traders pay up to get out.
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the_wizard replied Mar 29, 2012I'm reading along folks. Keep up the good work. It's a very good market at the moment :-)
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the_wizard replied Mar 21, 2012Hey Kalbar, I wouldn't have actually traded that one but there have been some absolute killer SFP setups this week (and some great level retests too). The SFP is a fantastic pattern but like most price patterns, people get enamoured by initial ...
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the_wizard replied Mar 1, 2012Hi Hugh, I think it was a great trade. It was a good level with a fib retracement in line. Obvioulsy, the key news led the Euro lower but most of the time you are going to get paid to stand infront of these levels. This time you didn't.
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the_wizard replied Feb 29, 2012Hi, A couple of points to make with my strategy in mind. Firstly that is neither an SFP or a BEOB. We do not swing away from the first high enough to call it a valid swing point which is why it is not a proper SFP. At the same time, the BEOB, while ...
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the_wizard replied Feb 23, 2012I had four losers in a row just before Christmas. It wasn't pleasant. You seem to be a very good trader from what I read of your comments so keep it up. Markets won a few battles but it sure as hell ain't winning the war. Just keep your head ...
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the_wizard replied Feb 23, 2012There is not really enough space for me on that level. There is no rule that you can't take these kinds of trades. I just see them as more aggressive and I rarely take them unless I have a major D1 bias and there is a confluence at the level. The ...
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the_wizard replied Feb 22, 2012Just a quick note : Omnovia has been upgraded and capacity should now cover everyone that wants to get in to the free webinars. Thank you for your patience folks. Next free webinar is on Sunday 4th March and I'm going to show you something very ...
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the_wizard replied Feb 21, 2012Hi Folks, I really do apologise for this. I have tried a lot of software for these webinars and had problems with many of them including major screen lagging or sound issues - this was especially the case with the cheaper ones. Like anything, you ...
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the_wizard replied Feb 21, 2012Yes, I watched that. I have to say it was nothing like trading in prop. Did you see my tweet to Anton the other night? It caused a mini sh*tstorm and resulted in a barrage of abuse and a blocking!
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the_wizard replied Feb 17, 2012Hi Folks! I'm back! :-) Thanks for the encouragement! I think Twee made me a commercial member but didn't move the thread. It's all good now so let's get on with the show. I'm having fun with Camtasia so will try and get some videos up for you guys ...
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