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You have to realise that 95%+ of traders will lose money no matter what strategy they use. I have outlined many mistakes in this thread. Most traders dont give themself a chance as they wont put the hours of study in. They wont go away and find 50+ examples and then study price nuances intensely...

That's cool. As I said in my first post this thread is only for losing traders. If you are consistently profitable then you shouldn't listen to anyone and refine what you are doing.

I dont understand how this can happen. Surely if you are provided with a demo account you will notice your trades are not showing on the tape.

Post 6/10 Trade Management Effective trade management is critical to your success. In my opinion you should not enter a trade unless you have the prospect of earning a 2:1 RR on your higher time frame. I say prospect because the trader never knows the outcome of any one trade. Poor trade...

You are reading it wrong. The concepts I outline in this thread are part of my decision making process but they are not my complete methodology. The material is enough to gain a solid edge. It would be futile for both writer and reader to post their whole methodology.

that's interesting can you provide more colour on this?

It's completely your decision whether you invest any time at all. As I said in my original post if you are a profitable trader already you should just close this thread and continue and refine what you are doing. If you are a losing trader then investing the time and studying examples as per...

Post 5/10 Stops Taken, Retracements & How Price Moves The post explains how and why price moves. Let us suppose that price is going to move from point A to B. Of course we never know that for sure in advance that it will move from A to B however we can use a methodology to guide us (see earlier...

In the business a cross is any pair which does not contain the usd dollar. GL.

Live Trade example in real time right now. Does anyone notice anything to the left of the marked setup.

Merry Xmas Surf. Did you miss post 1 where I drew a picture of the future. Lol. This thread is for losers only.

When I say crosses I mean EURGBP AUDNZD and not major pairs. In my experience they behave differently as they don't have unique order flow.

The examples are marked exactly the same way as the initial chart. If you do not understand the examples you should keep going over them until you do. I cant make it any simpler than that sorry. I have deliberately not put entries onto the charts. Your entries should be close to where you know...

Yes you will see this price behaviour on all time frames. If you are not a consistently profitable trader I would not look at a timeframe less than 15m. I hate to be a douche but you wrote 'I am already seeing value in your posts'. The only value you will see from my posts is if you followed the...

Post 4/10 Timeframes, Instruments & Targets The price behaviour seen in the schematic in post 1 can be seen in all timeframes and the instruments I indicated in post 2. I show below 4 examples of assorted instruments and timeframes. Example 1 H4 Treasury Bonds Example 2 Weekly Nasdaq Futures...

dont worry no amount of trolling will stop me writing the 10 posts. I will leave it up to the mods if they want to clean it up later.

Please see first paragraph, I cant make it any simpler than this. This thread is purely an xmas gift to traders who lost money in 2016.

Post 3/10 Why nothing in this thread (or anything else) will help 90%+ of you This is the most important post in the thread. What separates winners and losers in this business is their ability to not make and continue not to make the below mistakes. Losing traders will continue to make the...

Post 2 of 10 The chart of EURUSD in post 1 was posted in real time. See chart below of current price action and where price went. Look at the blue lines I drew to indicate the likely path of price and compare to what happened after. Stops/Targets/Entries, RiskReward, Trading Money, What to...

imo the root cause of traders blowing up their accounts is that they are trading without an edge. Having unrealistic expectations doesn't help but imo it is not the root cause.