Okay, I usually don't just spill the beans to my trading system that I've been using for over 15 years now (just like that) but I am so tired of reading these message boards and seeing so much confusion and noise. It hurts my brain!!!!
So, here's the answer to 9/10 trades in forex:
Trade support and resistance on multiple time frames and divergencies on the macd. Hold for a small amount of time(usually intermediate 5-10 minute holds wait until price nears nearest resistance or support, cut your loss out and close shop for the day. Rinse and repeat and the more money you fund and the more profits you make, you'll one day be like me. Don't ask for balance sheets or account information, I don't give any of that out to the public.) If you ever get caught in heavy movement either your way or the other way, ride your win and just cut out the loss. For the win riders(i call them) cut trade off at next nearest resistance or support depending on whether it's a long or short. For loses, just cut off the trade, suck up the loss, close your system down and understand that's why I said this system is for 9/10 trades, not 10/10. You must trade macd divergencies AND s&r by studying a 30 minute, 15 minute, and a 1 minute charts. If everything lines up you have a near perfect trade. The macd and s&r don't always line up on multiple frames so you must understand that and you may have to wait sometimes until they all do line up. Patience is virtue.
I know some of you big ego heads will call this "old news" but actually, this works. I've tried all your methods even that Jack Hershey chocolate method and this simple yet effective strategy not only feels very zen like in its simplicity, but it actually works.(Using it after my old trading partner Barney Harrolds in 1984 on the floor of the CME taught me about it when I was just an errand boy. Never quite knew what it meant until I became a runner)
I have been trading for over 15 years for a private firm and now on my own I remember when floor traders were the only way to see the markets one on one. You didn't have this electronic shit. The comradery amongst the traders was great as well.
This works for me and I'm a full time trader because of it so I'm finally spilling the beans because I am so sick of all these new guys coming out here trying to scam young guys and say that there system is the best. All it is is a bunch of useless noise. That's a shot to You, Puretick too.
A disclaimer: Always remember that Forex trading involves risk and my method can be and has been wrong in the past and I have lost money with it. It's an imperfect system however it works more times than not and I've been using it for my whole trading career with mostly fine results. You must have a large account size for this to work in your favor. It sure won't hurt.
-Jerry
So, here's the answer to 9/10 trades in forex:
Trade support and resistance on multiple time frames and divergencies on the macd. Hold for a small amount of time(usually intermediate 5-10 minute holds wait until price nears nearest resistance or support, cut your loss out and close shop for the day. Rinse and repeat and the more money you fund and the more profits you make, you'll one day be like me. Don't ask for balance sheets or account information, I don't give any of that out to the public.) If you ever get caught in heavy movement either your way or the other way, ride your win and just cut out the loss. For the win riders(i call them) cut trade off at next nearest resistance or support depending on whether it's a long or short. For loses, just cut off the trade, suck up the loss, close your system down and understand that's why I said this system is for 9/10 trades, not 10/10. You must trade macd divergencies AND s&r by studying a 30 minute, 15 minute, and a 1 minute charts. If everything lines up you have a near perfect trade. The macd and s&r don't always line up on multiple frames so you must understand that and you may have to wait sometimes until they all do line up. Patience is virtue.
I know some of you big ego heads will call this "old news" but actually, this works. I've tried all your methods even that Jack Hershey chocolate method and this simple yet effective strategy not only feels very zen like in its simplicity, but it actually works.(Using it after my old trading partner Barney Harrolds in 1984 on the floor of the CME taught me about it when I was just an errand boy. Never quite knew what it meant until I became a runner)
I have been trading for over 15 years for a private firm and now on my own I remember when floor traders were the only way to see the markets one on one. You didn't have this electronic shit. The comradery amongst the traders was great as well.
This works for me and I'm a full time trader because of it so I'm finally spilling the beans because I am so sick of all these new guys coming out here trying to scam young guys and say that there system is the best. All it is is a bunch of useless noise. That's a shot to You, Puretick too.
A disclaimer: Always remember that Forex trading involves risk and my method can be and has been wrong in the past and I have lost money with it. It's an imperfect system however it works more times than not and I've been using it for my whole trading career with mostly fine results. You must have a large account size for this to work in your favor. It sure won't hurt.
-Jerry
