conglo

Henry Liu has been around a long time, he's a scam artist.

He does have 2 other methods that are much less expensive. Quote (description of one system): "Instead of taking all the trades, about 100 a year, you may want to settle for the simplified version of the system that selects very special trades with a high probability of success. Trades like that can happen only a few times a year, but their combined profit is very likely to pay for the system many times over. I always look for trades like that. They took place when the market jumps over the entry level in the morning, before the daily session open at 9:30 EST, and does not return to it during the first hour of trading. If the market then breaks out of the first hour range in the direction called by the system, you take that trade. Use the same size of the stop-loss as for regular trades, although cutting it down to 2.5 pt for ER2 and 4 pts for ES should work well too. No matter the size of the stop-loss, employ a re-entry if shaken out of your position. "

Please post part 2 or whatever you have. Thanks.

Demo accounts don't count, live only. Agreed, Roels? Let's introduce an important factor into the equation.. U.S. clients who need hedging capabilities are severely limited as to offshore brokers. CFTC has introduced compliance requirements making it near impossible to open a live account with the better brokers (Dukascopy, Pepperstone, etc.). Some of us run multiple EAs on a single pair which at times will result in opposing (hedging) trades. This is much easier than opening multiple accounts with one broker; a number of U.S. brokers will balk at more than 2-3 accounts. If you can recommend a broker (real accounts only), if you are able, please add whether or not they accept U.S. clients.

Time to short the stock market !!

It's easy to set this up in MT. There are some good signals and just as many bad ones. Pass.

Thanks much. I had a previous version of VLC that was not working, the latest version works. Cool.

Okay, gimme a clue here, please.. It's an .avi file, but none of my media players can play it. It's either audio-only or the video framing is too erratic for viewing. Unusable as-is, at least for me.

If memory serves me correctly I used to have this book, the "secret" is simply the 50% price retracement.

If you do it would be appreciated. I think many of us may do better with the ponies than forex.

Not free, $64 USD / 6 mo., $120 / year. Somehow I doubt that Mellen's progression is still a secret.

Pure crap, but go ahead, but knock yourselves out..

Thank you, but I rank among the guilty.

To answer your original question, "How am I making money?", the answer is, I work for a living at a JOB. Am I making a living by trading? No. I have some irons in the fire that look pretty good, but I'm a long way from trading Forex as my only income. I'm getting closer (I think), and that's after 20 years and thousands of hours and $$$. The only systems I would trade are the ones I have developed over time. They are all manual and long term. Would I trade an EA for income? Never. I would only manually trade. EAs are for entertainment. Much better than TV. Shows you how bad TV is.

Well said.