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OK, here's my understand of profit targets so far. Your profit targets are all derived from WRBs. WRBs either from the timeframe where you took the signal or other timeframe. Which timeframe you use to find the WRB gets tricky although you tried to explain it. Now a crucial question. If...

I'm trying to understand something. Let's take "white bullish hammer patterns". OK. So there's some conditions for the pattern itself in addition to the classic pattern definition which is very small body, small upper shadow and long lower shadow: 1) lower shadow of hammer should be the...

How is WRB support? Like in a white WRB... it's low would be support or how?

I think you explained once how you derive your targets but it's still like voodoo to me.

81 views and no responses?

you said shortly what i said longly :)

The term "holy grail" in its usual interpretation means 100% wins, "perfect" system. Anyone with half a brain understands that noone needs such a holy grail to be a successful or very successful trader. Noone needs to have 100% wins to make tons of money. OK? Obvious. So what IS needed...

Basically there's something called InterBank system where the big boys quote their bids and offers. The spreads are real tight there. Now our retail spot dealer takes those spreads, tacks on a bit of a mark-up, wolla you get the 3 point spreads that they all seem to hype. When you place an order...

Whats the highest margin offered by a legitimate broker? Name some names plz.

Can anyone beat that?

the name says it all doesnt it :) *sarcasm *

Where can I see a list/ranking of the biggest retail spot FOREX broker/dealer firms in the world?

NA, I know you're asking these to make me learn more and for my own good, and I'm thankful for that. My current interest is mini-Dow and EURUSD spot rate. I currently dont have my charts setup so cant take up that yet.

NA, what made you choose 0.5 as the point to move stop to BE in ER2?

lennet you actually been making money with this stuff??????????????

ehmm, u got nothing. i mean u do got something in terms of some industry connections and stuff. but.. in terms of trading u got nothing. you dont know how to trade profitably either manually or automatically, correct? so you cant be a successful trader or run a successful hedge fund now.

Thank you for the offer to communicate in this manner, I shall consider it. Meanwhile... why the stop at 27.50 not 26.50 or 25.50? The number is not really what I'm asking but how you arrived to that nmber, you know..

what price action are you requiring before the hammer?

So where would you place your stop?

Looks like it came within 1 tick of stopping out, no?