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  1. mikeriley

    Fibonacci ratio query

    Not referring to you Mickey, but I suspect many allow back-testing software keeps them from the truth concerning the subject.
  2. mikeriley

    Emotions in trading

    If you're serious about becoming a disciplined trader, you'll need to spend time and effort in behavioral modification. It's extremely difficult, to almost impossible to become a next level trader without change. Real change. It starts with self-awareness. Anything that will help you identify...
  3. mikeriley

    South African CEO to Pay $3.4 Billion for Forex Fraud

    Another in a long list Federal agencies are shutting down. Most people still don't see it.
  4. mikeriley

    Boost your trading success with our live webinar - Part 2!

    If you have an edge, there's a better route. Some Prop Firms are set up that only require a Fee to be funded. If a trader is still in the learning curve, the evaluation route is probably better. https://www.fundedtradingplus.com/master-trader-program/
  5. mikeriley

    Boost your trading success with our live webinar - Part 2!

    Some traders are not aware there are prop firms that Fund traders without an evaluation phase.
  6. mikeriley

    TradersParadise Matthew Cowart being sued for Fraud?

    Unfortunately the trading & investing space breeds a lot of unsavory characters. A valuable lesson of caveat emptor to the victims involved.
  7. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    micro NQ Double bottoms work fairly well. But the chart looks like this market is going to turn and go lower.
  8. mikeriley

    Can price predict it's own future?

    NQ is headed towards 13200 again. Just a coincidence? Simply take the HIGH and LOW from yesterday and flip the chart horizontally (like turning the page of a book) it will give you a clear picture how price followed a mirror of itself. IF, you're not scared of making money, take the HIGH and...
  9. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    Break of structure on 1 or 4 hour charts are very good setups for anyone with the patience to wait for it. NQ gets 1 or 2 setups every day.
  10. mikeriley

    Can price predict it's own future?

    Bro, are you too lazy to research an answer to your own question? Your assumption that any trader has to earn over a million a day trading the markets is completely foolish. Does your present mentor earn a million a day trading? How about lowering your standards to at least a million a year...
  11. mikeriley

    Can price predict it's own future?

    SunTrader, you and I both know EVERY TRADER would never enter a trade WITHOUT predicting what he or she thinks price is going to do. Anyone who says otherwise is just being disingenuous.
  12. mikeriley

    Can price predict it's own future?

    Interesting how price absolutely did predict it's own path on the chart I posted. Are you people blind? Last night I followed the same procedure following the mirror technique and took over 200 ticks. Just coincidence again? Appreciate all the comments, it's been both fun and educational.
  13. mikeriley

    Can price predict it's own future?

    MW, I would agree that I'm always ready to learn more. I'm an avid reader and always interested in anything that might improve my tool bag.
  14. mikeriley

    Can price predict it's own future?

    Sun Trader, that's impressive.
  15. mikeriley

    Can price predict it's own future?

    MW, the answer is yes. Not only that I was grilled for almost a year in Zoom meetings with an exceptional trader and mentor. The mirror effect does work. But you'll only know that when you read the material and test it for yourself. This is straight from my notes: "Mike, stay away from back...
  16. mikeriley

    Can price predict it's own future?

    MW, on this thread and others I've posted the books I've read that have been a tremendous help. The real question, is why do so many debate, instead of just doing the work to read and learn? It's not because their lazy, it's because of their BIG ASS EGO. Humility always comes before knowledge...
  17. mikeriley

    Can price predict it's own future?

    MW, that was such a long assessment to indicate I know something that you don't know...LOL:cool:
  18. mikeriley

    Can price predict it's own future?

    Hi there SimpleMeLike, You are welcome bro. Adding more contracts when losing never worked for me. Not to mention it's stressful as hell.
  19. mikeriley

    Can price predict it's own future?

    I'm not a gambler, and only enter the market on what I believe are high quality, high probability setups. If I'm losing I would never double down. Never add more money once the market has invalidated my position.
  20. mikeriley

    Can price predict it's own future?

    I've learned many forecasting techniques from my mentor. But I've also learned a few from reading. You'd be amazed what TA techniques might produce profits from reading. Bradley Cowan W.D. Gann Timothy Morge Christopher Grafton Michael Jenkins Brice Gilmore Scott Carney George Bayer Robert Minor
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