Wrong, the actual figures leaked out were 75% lose, 25% win by an American broker. They say 95% lose to make those winning traders think they are special. More win than you think, check the facts rather than spinning this 95% bullshit stuff. Its all ...

has anyone EVER seen a successful trader/trading system?

Hi Anthony Here is my plan for GBPUSD on Monday. I spend a hour or two before trading drawing lines like a artist. My tip is use line chart and start drawing lines, see how the dip down stopped at the line and bounced. The wicks let us trade but ...

Sunny Coasting Along

If you wanted to be a doctor, would you walk in off the street, pick up a scalpel and start to perform heart surgery in your first week.

has anyone EVER seen a successful trader/trading system?

Hi Alpha George asked us to spend hours and hours of our time viewing highs and lows of historical charts to look for price action REVERSALS. I did the work then developed a trading plan to trade this method. I never add additional trades to a ...

The Secret to Success and profitable trading - What is it?

Hi Asgcorp Yes you can get good prices on most pairs, let me tell you how its possible. IC Markets Raw spreads on GBPNZD are normally around 1.8 to 2.2 pips during the asia session. So not great I agree. BUT Wait to the London session when price ...

The Secret to Success and profitable trading - What is it?

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The Secret to Success and profitable trading - What is it?

Hi Alphadude There's little money in that pair, don't be fooled by thinking low spread costs means higher profits. That pair is a lame duck. You can't go wrong trading GBPUSD, nice movement with good returns. I actually like the returns on GBPNZD ...

The Secret to Success and profitable trading - What is it?

Yes, I run a few Algo accounts running over 100 open trades at any one time. I use their money not mine - 400:1 As for my manual trading, yes but I use a lot lower leverage. However in Australia, high leverage ends within weeks.

The Secret to Success and profitable trading - What is it?

I build all my own Trading managers to perform my trading exits. That way I can program a EA to send me both signals and perform trade closures at the same time. My favourite pairs to trade is the Beast GBPNZD, GBPUSD, GBPJPY, EURCAD & Gold. Still, ...

The Secret to Success and profitable trading - What is it?

Don’t say trend, doesn’t EXIST. Price is performing random movements while it’s waiting to run a liquidity pool above a recent high or below a recent low. I trade towards a liquidity pool after breakout inside a grind while I am waiting for the ...

The Secret to Success and profitable trading - What is it?

Hi T4Trade I prefer to enter manually and let my EA perform the exit strategy. If it’s going against me, the EA will hedge at X amount of points. If you run EA’s, you will learn to back test it against all pairs to get the best settings. This way ...

The Secret to Success and profitable trading - What is it?

Hi T4Trade If I was a poker player, I would be a card counter. I study the SHAPE of each spike or wave on the pairs I trade. Each breakout is either a false move or the beginnings of a grind movement which either climbs up or descends. A card ...

The Secret to Success and profitable trading - What is it?

Hi Jordi I trade the momentum of the move on M1 in basket trades set by my trade manager. The exit is programmed into the trade manager which is based on percentage of points earned. I hedge at 10 pips (M1) and build trades in baskets till any ...

The Secret to Success and profitable trading - What is it?

Hi Hamdibbb I use IC Markets as they give Raw Spreads and quick Execution. But the biggest factor on getting the lowest spreads is the time you are trading and I don't mean London or Asia session. Price moves from liquidity pool to Liquidity pool ...

General Trading Chat / Ideas

Hi Profitgrowth I trade Liquidity gaps ONLY when they lie in a area that's surrounded with orders contained within a Liquidity pool. That means near a resistance area or a new high or new low on any time frame you like. My alert system is set up on ...

General Trading Chat / Ideas

Hi Ced74 I would say you had two losses, not that I understand your strategy but just a good guess by looking at the two indicators. Trading my way, I see two entry's for two small wins but I use two different indicators to help me with basic price ...

"AUSSI" my thread and anything I want to put here

Hi bfx17 This is how I see it from my experience in Trading the M1 chart. Liquidity Gaps are created when price extends with great effort to consume orders within large liquidity pools. We see a long ranging candle but the reality is its full of ...

Stop Hunting using Sentiment and Market Structure

True on a bad pair outside of peak times but most pairs I trade offer between 0 spread to 0.4 pips when I trade them. I do like the beast GBPNZD which is normally over 1 full pip but it moves three times the ADR of other pairs. So it’s balanced by ...

General Trading Chat / Ideas

I find it interesting that traders worry about spreads when they trade the incredibly slow time frames like the M15 and slower. The only factor that worries me is execution speed. When I hit that close button, I need instant close of that trade or ...

General Trading Chat / Ideas

Hi ZenY I believe you can trade any pair without fear of losing pips if you just stick to trading within areas that contain Large Liquidity pools. I have alerts for 22 pairs and Gold. The only difference with majors is these pools of orders are ...

General Trading Chat / Ideas