Leaderboard

The other part of the course is focused on Ellliot Waves and is taught by the other 2 mentors, Blake Olson and Alessio Barretta (Barrett). Augusto (Smart Money Source) also used to trade Elliot Waves but has since then changed to SMC + Wyckoff & VSA, which is the part I uploaded on the telegram channel above.

Hmm... didn't mean it like that. I was just talking purely from a karma perspective, from what separates those who pirate these courses from those who create them through their own time and effort, of course this doesn't apply to everyone, some are indeed straight up copycats. The great counterweight of FREE WILL is personal responsibility, so unless you were held at gunpoint to buy their course or they promised you profitability, it's your responsability to keep it to yourself unless told otherwise. Except of course, if you believe karma is determined by our own personal morals (Which I do, to some extend). This is where we have to agree to disagree and that's fine, because that's your personal experience and I don't blame you. I'd be skeptical too if it weren't for validating experiences I've had. Augusto from VVS has showed his myfxbook before and I believe he also showed it in one of his public youtube videos. Levi from ProficientFX also showed his myfxbook during one of our private classes. Apparently Tanz from Vertex did too (can't confirm this one as I didn't see it with my own eyes). Yes, you are right they are in the shadows, but they charge for the mentorship as well! Just ask AKFX. (the guy who teaches SMC on youtube for free) Agreed 100%. I dont really know why its a big problem in this industry. Pretty normal standard in other industries. Debatable. Alfonso Moreno is profitable and he doesn't like trading. He also charges you for his services.

Despite what we think of these guys, they put their time and effort into these courses, yet people who bought the courses out of their own FREE WILL, are sharing them around without the author's permission. How should karma balance that out then? Or does that not count because those people should not be charging for it in the first place? So is it our personal morals that determine "karma" after all? If that's the case then who's not to say the mentor believe he is doing the right thing? After all, he promised a course and a mentorship, he didn't promise to make you profitable, because well... that depends on the student himself! In many cases these leaks actually help promote their mentorships, how does one explain that? Good karma I suppose! Now, I am thankful for all these courses being available for free. Many of us have been scammed for thousands already, too many dream sellers who just want to suck us dry. So at best you can use these resources to learn it all on your own and at worst, it helps you find someone worthy of your time and energy. But to sit here and act entitled on judge others for what they consider their time and effort is worth, all the while we're using our time pirating their courses and claiming we can learn it all for free on the internet when we're still here looking for new bits of info on their courses, that's not fair either man... PS: I just waited before posting to see how many people would like your post... because they just proved precisely the kind of mindset/behavior I talked in my previous post. People just can't help themselves, oh well.

ECN "raw spread" accounts charge commission per trade and very tight spreads, specially the most liquid markets such as EURUSD, but that is during regular active trading hours during London and NY. Minor pairs are gonna have fluctuating spread, it can be very tight, or it can go to 1 pip, sometimes even 2. I don´t know about exotic, there is no reason to trade those pairs, why? There are enough pairs in the majors already, you should specialize in one or focus on only two, three tops... Don´t fool yourself thinking you can keep track of all of them. Most of the time they are kind doing the same moves, sometimes with a bit of delay or at the same time. While you are checking one, the opportunity in another is gone when you go to check that other chart, and while you are checking the other chart, then you might missed the opportunity in the chart you were just checking, and so on.

Guys, I think it is impossible to scalp in fx market if you don't have an ecn account with zero spreads for all currencies. only eurusd is most liquid and have zero spreads. how to trade the other exotic pairs without giving spread pips and slippage. it's difficult guys..........

Well I know of a few profitable and good traders in cryptos who basically give away their material for free, eg: CryptoCred, Karoush. As you said, they make enough trading profitably that they don't need to sell courses as a source of income. What is interesting to me about CryptoCred is what he said about his own strategy and success story:

phantom trading

I'm not a huge fan of this course, can anyone recommend me an alternative (and hopfully better :D) course based on supply and demand?

You are welcome buddy, but the whole point I am trying to make is that there is no edge in extending lines or rectangles from those "order blocks" (or supply and demand zones whatever you wanna call it) and hitting buy or sell when price reaches those areas, it´s akin to coin toss TBH.

@Darkz0r I still think that ICT and supply/demand zones drawing methods are just wishful thinking (as in drawing and extending rectangles and hoping price will bounce from them), there is WAY more to successful forex trading than that, as in gauging strength of each currency based on it´s price action (the daily territory breaches, as taught in Urban Forex courses, specially the 4CB) and also the fundamentals. And you gotta do it for each currency, so you always be looking at at least 49 charts to check this stuff and select the best pair to trade at a given day. You gotta create profiles for each currency so you gonna have 7 charts for each currency. You gotta also keep track of the high impact news for each currency and crate a table of Strong Vs. Weak based on the news, that sentiment will linger til the markets change direction. Using the same example you posted, that trade would actually have a high chance of working because: 1 - You are in fresh sellers territory, and the previous buyer failed to make a higher high 2 - You are in a range, and you got a lopsided V-Formation inside of the range after a choppy pullback (meaning the big boy seller is most likely back). So taking a short at the upper side of the range has high odds. You still have to break the low of the range, though, price can bounce back to the upper side too one more time. (after the V-Formations we wait for the tests, but since it´s happening inside of the range we can try and short at the best price - which would be the top of the range of course, or an upthrust of that range) So you see, there is a logic involved here, it´s not drawing a rectangle and extending from an "order block" and hoping price will react. If the price action of this image was happening in a different context then the trade would probably wouldn´t work out (for example not in sellers territory/trying to trade outside active hours (london or NY opening hours)/strong fundamental for the currency you are trying to short/currency is weak against others after correlation analysis; etc, etc,....)

@MedievalTrader Vertex developed an easy systematic/rule based approach with these concepts heavily based on market structure (you don't need wyckoff as it already accounts for that), so honestly they would be my first choice. Check the leaked new 2021 material. Alternatively, if you have the money and want to use Wyckoff/VSA as well, I would recommend VVS Academy (the leaked stuff so far isn't even 50%). Augusto is one of the best mentors I have ever watched (along with Tanz from Vertex), he explains it in a step by step, easily digestible way, not to mention he calls moves everyday on live sessions before they happen and has shown his myfxbook track before. Either one of these is enough to make you profitable, but you have to backtest and put in the work, otherwise you will just keep jumping from course to course like many.

If anyone is wondering how to compress very large video files like this, a very simple way is to use VLC - just search for VLC - compress video - there´s tons of tutorials.

It´s amazing what a little compression will do... =)) The 25GB contains 4 workshops - each with massive size video files. I´ve uploaded 2 of them. The 3rd is the 3Ws event which was shared elsewhere on this forum The 4th one called KeyNote8 i´ll upload. Hope they´re useful. I agree with logicgate, with most of their workshops if you´ve seen one of them, you´ve seen them all. ;)