Good thing for us, unlike the stock market, there is no one financial institute large enough to corner the forex market! Spending some serious time in learning about Forex trading, before you start even the demo trading, is quite important. March 6, 1: All the money I put into the larger accounts was risk capital, meaning while I was not exactly looking to lose it, it would not impact me psychologically in the slightest. To me, it seems there are times that there are just so many variables pointing to a certain currency pair going a certain way.
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In fact, when I first launched this stupid blog, I thought that finding credible investment advice was going to be fun and easy. Boy was I wrong. In retrospect, I have only learned that humans are basically prone to deception. We take from each other with such callousness.
There is very little compassion and honesty outside of family and friends. The internet has only exacerbated and exaggerated our base instincts. This site uses Akismet to reduce spam. Learn how your comment data is processed. You might want to have a look at it emmett. Theres an article at valforex that pretty much plagarised this article. Emmett you might want to have a look at it. Yes, I have known about these copycat characters for a while.
A lot of research and time goes into each review. I have to dig for facts, which takes a few weeks. It s clear that those guys r not real traders. As people say, those who cant do teach. After reading the review, I visit the website of tradeciety and ask for a free price action book. The book is almost useless. I personally thought of requesting a review of Tradeciety a few weeks ago.
People who are very cheerful, nice and agreeable are a real threat. Does this guru have a fully verified trading record? Thanks for your stupid blog Emmett, it undoubtedly has saved many people from wasting their money. These guys also run a blog.
So it is best to read such blogs and take notes. No need to spend on taking education courses or systems that they themselves do not follow or trade. Youtube is full of detailed vids that give solid trading tips and tricks for free. Superstars should either start a signal service or fund or post vids on youtube for free. No need for glorious courses and seminars. Why would you read such a blogs? Info from people that cannot trade has zero value.
You just mess your head with theese kind of shit. That is the point. The only information you should absorb is from people that has the knowledge…. To be fair and practical, there is no ending to learning and finding new information about any field. I do not visit blog of these guys much, most of my new learning is from youtube or trading forums etc. Look what I found. Summary Tradeciety is a futures, stocks and Forex educational company owned and operated by Moritz Czubatinsky and Rolf Schlotmann.
Does a verifiable track record of success exist with either of these characters? Photo and Image Files. Audio and Video Files. Notify of new replies to this comment - on. Notify of new replies to this comment - off. August 5, 5: August 6, 8: April 18, March 11, 6: Thank you for this review Emmett.
March 8, 9: March 6, 2: March 6, 1: Open the iParamonWorkTime indicator, and click the Inputs tab. For instance, my local time as at the moment of writing this is My local time is 1 hour ahead of GMT.
My platform time according to the Market Watch is So my GMT offset is 0. Once the two indicators have been attached to the chart, two vertical grid lines with a shaded area will delineate the 1pm GMT to 3pm GMT time zone, two horizontal lines will also delineate the highest and lowest candlestick points that are located between the vertical grid lines.
You can adjust the text colour as well as the colour of the shaded area for better visualization. Allow the price action to breakout of the trendline and then trade with a profit target of 40 to 50 pips, while setting a tight stop loss of 10 pips, set just below the broken trend line.
The principle is to allow the price to pull back to the the upper trend line after a candle has closed above it, and then take the trade using either a Buy Limit or a Market Buy order. Usually the indicator will also show you the exact price at which the trend line rests, giving you a very precise entry.
The yellow shaded area is our area of interest. We can also see the trend lines and grid lines drawn by both indicators. The breakout candle is seen and the pullback is also seen to occur at the same time that the MACD histogram is blue in colour. The stop loss is set at a few pips below the upper trend line marked by the antGUBreakout indicator. The short trade is taken in reverse. We see this clearly shown on the snapshot below:.
The breakout is seen, and the long black candle which followed opened with a pull back to the lower trend line before taking off on a long journey down south, producing a move of close to pips. At the same time, the MACD histogram showed a red colour, which supported the bearish bias for the move. The stop loss is set at a few pips above the lower trend line marked by the antGUBreakout indicator. This strategy is very simple to implement and can be used to pick a lot of pips from the market month after month.
Test it out on demo before applying it to a real money account.
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