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Zoltan

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Posts posted by Zoltan

  1. I put in two trades today; 1 lot on the Aud/Usd and 1 on the Euro/Usd. I am closing both of them now, Aud/Usd 44 pips and 110 pips on the Euro. I will be traveling so no open orders for me. Just trade the signals in the direction of the trend. I used the M30 charts, sorry waterskiguy. No price action, pivot or fib levels, candles or any other nonsense were used. Don't shoot me, I am just saying. Enjoy the system, if you can make money with it you are a trader if you can't... . With this system you will not have to think a lot. You'll do better, I believe if you forget most of the things you learned about Forex. Thanks again waterskiguy, I had fun testing it.
  2. I have not read all the posts on this thread but based on the first page, I must say waterskiguy got it. Congratulations. Well done. To all other members; quit playing with all the pay for garbage, this is as close as most of you will get to a real pro system. I am not as generous of a man as waterskiguy and I don't think I would have shared it, at least not for free. This is the single most important contribution on this site that I have found in the short time I have been member. I just hope that all will see how good this system is. To the people who will not like it; trade for 4-5 years longer and you will understand it too. And to those who can't make money with this method; get the your mental game straight and please try again. Great way to start the new year. Thank you waterskiguy!
  3. Hey Frank-E! Just go through as many systems as you can a and pick one that "speaks" to you, one that you like visually. Systems have very little to do with successful trading. I know a lot of people would disagree with me on this point but that is the truth. Money management is number one! The rest is all in your head. Your belief systems, your confidence level and so on. I am sure you know all this. How little systems has to do with trading? Try this; open the Williams template in MT4 on an one hour chart, clean it up a little by removing the grid and the period separators, thicken up the lines to make them visually more pleasing and look at the signals it generates. If you would trade those signals in the direction of the trend would you be able to make money? What if you would apply a good money management system to it? Trading is easy. Beating the addiction is hard!!!
  4. Those alerts need the Bias and Key levels and they are generated on the OU server. With the educated version of the software you can't connect to it. You are not missing anything. I know people who are members at OU for about a year now and they have not made money with this system yet. I bought Forex Mastery too and returned it in a month. Most of the signals generated by the scanner are counter trend and fail. Save some time and pick a new system to trade with. There are a lot of them on this site.
  5. Yes I know people who are rich from trading. I have seen the houses, cars and the wives. You can do it too. There is no question about it.

     

    FXCM is fine; I never had any unresolved issues with them. Two things you must know when you choose them as your broker, first is a universal one; they are ECN but if you trade mini lots you are trading against your broker, FXCM and all other brokers can only execute orders in increments of full lots so they must take the other side of the trade on any order less than that. I would not be surprised if they nudge the probabilities in their own favour a bit. The second thing, their MT4 platform was not made for manual trading, it was setup to run EAs. I don't trade with robots but people who do through FXCM’s MT4 tell me that it works just fine. I use their Trading Station and it works very well. You can use MT4 for charting and Trading Station for order execution.

  6. If you want to learn Forex trading this is the only course you need. Chris will tell you all you need to know. You must pay attention to what he says, some of the important points are not so obvious first time around. Go through the course a number of times. Take notes. He will make you a trader. I know Chris Lori well, I have met him a number of times and I can tell you he is the real deal. European royalty trust him with their fortunes, I think you can trust him with your education. Especially at this price. Go buy his program and you will get a lot of extra stuff that will make a difference in your trading. If you are looking for someone that will give you a set of magical indicators and show you how to use them, he is not your man, if you want to learn price action trading he is THE MAN. And no, I am not him. But I do wish!
  7. After learning Forex trading for years and realizing that most courses and gurus are clueless I have developed a very simple exit strategy for myself; I have a goal of 5% return per day. I trade 1 standard lot for every $5,000 on my account, so I have to make 25 pips on the Euro. I don't trade the Euro but this is the easiest way to explain it. I trade the H1 charts so to make 25 pips is very easy. Do I make my 25 pips? Yes I do, every day when I trade. And yes I do make more than that. But I am happy with my 5%. I leave money on the table every day without regret. I am back the next day to collect more. Trading this way allowed me to double my account every 14-15 trading days for the last 15 month.
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