traderwin

It takes time to create analysis. While trading I could only take screen capture of double screen, while pic editing and commentary, like trade May 15st took 2 days.
 
Eusebio of MAX claimed hundreds much more pips than mine. I didn't count precisely % risk of my Lot size as the decision should be made quickly on M1 chart. I enter using Script quick buy on Market price. I set short cut button for quick execution. The script has predetermined lot size, SL and TP. The 1st script has Lot size 1% of account and the 2nd script 2% of account size. I reset the size periodically. If my SL is under 10 pips I would use 2nd Script to enter 2 units. If more than 10 Pips then I would use 1st script.
 
Read section Entry of "Trading in the Zone" (uses 3 units initial entry) and learn Videos and Pdf "The importance of exit strategy - YTC PAT" (uses 2 units entry). Read price action correctly on M1 in the context of M15 frame structure. Enter only after a failed test and follow trough. The trade would never instantly move against you but move in your intention for a while in to the closest S/R or SupDem before turn against you. Hold "TIZ premises - ANYTHING COULD HAPPEN" to manage the trade. That's why I said taking the 1st TP at the next SupDem and move 2nd SL to entry line is very important and dictate the next scale in.
 
If I were later wrong then my loss would be "Profit of 1st unit and 0 pip or small profit from 2nd units" then I re asses the market then apply the same fixed strategy.
 
I occasionally Stopped out if I were "loosing focus" and "not disciplined" to wait for a retest + follow-trough hunting greedy for "less than 7 pips Stop". But it was a 2 or 3 pips entry of the High/Low thinking the price has reversed. The price was soon prove me wrong so I scratch the trade for 3 - 4 Pips loss.
 
To me YTC PAT really play part around this critical area on M1 chart
 
It would be probably useful to explore how to profit in the wrong trade applying the above Money management in the next post.

232 Pips Short GBPUSD on May 15th - Power of Supply and Demand
 
First I'd like to thank Marchello for introducing me to Supply and Demand,
 
GBPUSD fell about 80 Pips during London Session on May 15th and still continue to 160 pips during Asian session on May 16th. I was exit the market around 80 pips range with more than 232 Pips in tree times scale in.
 
First Scale in with 4 unit urders: 41 pips, 41 pips, 27 pips, 22 pips = 131 Pips
Second scale in: 28 pips, 27 pips, 12 pips, 12 pips, 4 pips = 83 Pips
Third scale ins with 2 orders scratched before US session for: 8, 8 and 2 pips
 
http://1.bp.blogspot.com/-Q4QjxfkP2os/T7XCdIps7iI/AAAAAAAAAE0/k9Fa4bz8AIY/s640/Pic1.jpg
 
http://3.bp.blogspot.com/-wlTHlrh51xo/T7XBMDJb-LI/AAAAAAAAAEc/lXfAbR43t4s/s640/Pic2.jpg
 
http://2.bp.blogspot.com/-q79chZHkMLU/T7XCGrHo8XI/AAAAAAAAAEs/HrhG78cOy3M/s640/Pic3.gif
 
Details of analysis: trading-price-action.blogspot.com/2012/05/232-pips-gbpusd-may-15th-trading-multi.html

all i think is that his strategy worked out for him,so all i thing we can do is to follow him gradually to understand his strategy,I made the 3rd runner up in surefire trading challenge(feb edition) with about 20 trades only in 5 day to sum 630%.So I think his strategy could be realistic,i believe we should try asking him to know whats he sees that make him increase his aggression while trading.This could mean alot in order to filter bad trades.Like for me i trade only Wednesday nights to Fridays an occasional on Tuesday nights.

While the both of you are replying to my comment, why don't you hit the Thanks button instead of bumping your gums. Because I know you downloaded swof1's share. I personally think that clowns like you come from other forums out of jealousy and hate just to cause disturbance here.
OH, and of course to LEACH. Because you never share and when you download anything shared here, your too ignorant to hit the Thanks button.

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Hello,First you should install it by the setup exe.When it ask username and password simply ignore(cancel).Now you need to replace the dlls,indicators,expert advisors,fxipasswordcreator etc. with the educated files from tgmpl.rar file.Remember '_TG - VSA Details Beta' is the expert advisor(put it into expert folder and remove original),vsa signal beta,vsa volume stop beta,vsa volume beta are indicators(put them to indicator folder and delete originals),put tradeguider.tpl to template folder.Rest should go to libraries folder(remove originals).Hope this help.
 
Thanks.

Excuse me, I never said I am a professional trader. Sam Seiden and Steve Mauro said that professional trader are those who are capable of moving the price with the large capital they control. While we are just retail trader trying to be on the right side of the market by reading their traces.
 
I was initially learn Stock attracted by its margin strategy thinking that currency movement are so small and limit the potential gain, know nothing about leverage of forex. I did save the forex material I got during the learn of STOCK at different folder.
 
In the mid of 2009 I was attracted to forex after accidentally read Sure Fire Trading Challenge file where the 1st Champion gain 11.000% return in 1 month, 2nd - 3.100% etc. Unfortunately the system and strategy of the 1st champion are not in the SFT 2008-2009 package. As far as I remember indos didn't have this system either.
 
I searched SFT file after file on the net but none of them include 1st champion strategy. But I know that in each champion strategy pdf contain identity of the trader. So my next step of finding the name of the 1st SFT champion.
 
I found the name "Omotade" then search the net for PDF contains text "Omotade", I was lucky to find the strategy and applying it.
 
But I was a newbie know nothing about Price Action. I was failed. It was later after understand PA that I understand how did Omotade success with his strategy. It was the power of scale in and his discipline to close the trade as his system told. Only that Omotade add to loosing position as long as his long time trend in his direction that I think are dangerous so I now applying it in scale in adding to winning position where the winning portion of every stage determine/grant the entry for the next entry. This strategy make profit grow exponentially.
 
I failed with Omotade's 11.000% gain strategy so I began moving around searching for "Holly Grail". I've tried every mechanical system, FSS, Karl Dit, Lindencourt, FFM, Market U turn, Big Dog, 3 ducks, Black Diamond, Triad Trade, Advance Synergy basket trading, 45 sniper, Brain Trading, DDFX, FSS, Forex Bliss, Forex Siphon, Phoenix, angora, Trading in the buff, turtle trading and many2 more.
 
Still during this journey I've gone through some good concept but less success as I have not switch my perception to Price Action perception like Volume Spread Analysis, Proctor's Elliot Wave University, El Wave, Steve Nison, Hector Deville series, Bill Poulos series, David Weiss, Chriss Lori, Mike Baghdaddy, Fx Mentor series, Fx Candle Stick course.
 
Later in early 2011 I get in to STAR trading system, then Steve Mauro's Market Maker Method, RSI Pro, Sam Seiden and XLT, Martin Cole but only after I read YTC PAT in Oktober 2011 that it successfully transform my perspective in to Price Action Trading. Later I get to Al Brooks series, "Trading in the Zone", Russ Horn FMM and LST.
 
It was Sam Seiden concept and YTC PAT that change the way I trading and see not the chart and the price but buyer and seller who move the market. Then Al Brooks sharpen it. But remember that this skill are already formed over time.
 
Later Then I looked back with different perspective to MMM, SupDem, STAR etc and then I can say that "All system talk on the same thing with different language"
 
It was involving some good friend that I couldn't mention all here. I wouldn't be like this without the help of them.
 
But all takes determination and efforts like how I found Omotade's system. Please realize that If someone put the food in to your mouth, the food became less value compare to if you put effort to find it. Like YTC PAT, maybe many download it but rare that read it to find its value.
 
But everyone has to find their own path. I couldn't tell anybody to follow such path. I could only tell the destination.

hellboy,
 
Thank you so much for this! It's great!

Alright then...:))