1 year, 6 pairs, 1 lot, daily chart, 504 signals, 13942 pips profit

[firedave]

Originally Posted by forex1

He obviously gets some kind of a kick out of it. After a while everybody ignores him, then he goes away (or gets banned)....but returns 1 or 2 months later with a new name and gets a few more people revved up believing that he's the real deal.

Well, what is MoneyTec going to do with this kind of attitude ?

[bobnat]

Originally Posted by HardNut

forex1,

Yes I am new here, but I don't understand if it is one person changing names and claiming to be some supertrader who is making hundreds of pips every day but not telling anything about his/her system, why would any human with even half a brain want to do that?

You're assuming he has half a brain. You're wrong.

Nat

[birdjaguar]

HardNut:
Trading strategies are very personal. I am sure you have read about it. After travailing in pain for some longer than expected period to create a personal trading strategy, people probably are not going to give that away. You will benefit more from this forum if you ask specific questions. Then we can help you develop what you are working on. Someone else's specific system will most likely not work for you anyway. What pairs are you working with? Some pairs may be more suited for your S/R style. If you have no particular attachment to S/R trading, then I recommend you select a simple indicator such as a 13 per EMA to determine the trend. Then follow it with breakouts and retracements until a reversal occurs. Wait on the slope change, then go the other way. The pairs used, the time frame, the stops, entries, exits, etc. are personal. Tailor them to the way that you see the market. The 13 per EMA is just to get you started with something if you are starring at blank paper. There are consistent themes in various trading literature regarding how to develop a winning trading strategy. Don't overlook these sources.

[birdjaguar]

By the way, for other newbies out there, FXCM has a course for about $500. I have read that it is pretty good with helping one to get started with understanding what tools are available and various ways to apply them. It may arm you with the technical foundation from which you can develop a personal strategy. Also, see the due dilligence forum as well as the strategies and methods forum. There are plenty of ideas there.

[fxscalper90]

edited. edited.