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$500 to Freedom (500 to 5,000 in 1wk)
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Členem od Jul 06, 2011 29 zpráv(a,y)
petrus damianus (damianus)
Nov 07 2011 at 02:30
TheCyclist posted: Petrus, Don't fall for bullshit like that. I been in this game about 7 years now. It's a con. I bet you he's selling it for $100 somewhere. Thank you. PipGnostic to remind me.... :) Ini uang benaran bukan daun jambu |
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Členem od Nov 02, 2011 57 zpráv(a,y)
Ken (TheForexFox)
Nov 07 2011 at 02:38
this was sent to me (PM) and I thought I would answer it for all.
FXTrendWorX Hi Ken, I just signed up with myfxbook, and noticed your postings. Can you tell me what strategy you are using to achieve the results to date? I downloaded the MACD you recommended, and understand the 2 Stoch.'s you are using. So, how do you get in and out of trades?? Much appreciated, David Hi David and everyone else Shorts First I look at Macd on the 1, 5, and yes 15min- where is it heading is the blue line below the red on 5 & 15 (down) Then I look at both Stoch on the 1 & 5 min are they both above 80 then wait for the cross on the 1min and then sell keep watching the 1min stoch as it drops when it gets below 20 check the 5min stoch is it still heading down then you can hold for a little longer (IMPORTANT) as long as the Macd did not cross back, if the Macd crosses back on the 5 get out when the 1min stoch is below 20 and turning up. Note: you will notice I lock in ASAP any profit at all, My broker set limit is 3pips so when I have 5pip profit I lock in 1/2 to 1pip there's more but that's the basic-practice practice you will (I hope ) see what I see and know when you can stay in or get out. Do the opposite for a buy-- Good luck to all Ken-TheForexFox Trade the plan that works for you!! |
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Členem od Nov 02, 2011 57 zpráv(a,y)
Ken (TheForexFox)
Nov 07 2011 at 03:21
Added to above
Sometimes as long as the Macd on the 15min did not cross against me I will trade just the Stoch on both the 1 & 5 min. Trade the plan that works for you!! |
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Členem od Nov 03, 2011 56 zpráv(a,y)
7forex
Nov 07 2011 at 07:20
TheForexFox posted: this was sent to me (PM) and I thought I would answer it for all. FXTrendWorX Hi Ken, I just signed up with myfxbook, and noticed your postings. Can you tell me what strategy you are using to achieve the results to date? I downloaded the MACD you recommended, and understand the 2 Stoch.'s you are using. So, how do you get in and out of trades?? Much appreciated, David Hi David and everyone else Shorts First I look at Macd on the 1, 5, and yes 15min- where is it heading is the blue line below the red on 5 & 15 (down) Then I look at both Stoch on the 1 & 5 min are they both above 80 then wait for the cross on the 1min and then sell keep watching the 1min stoch as it drops when it gets below 20 check the 5min stoch is it still heading down then you can hold for a little longer (IMPORTANT) as long as the Macd did not cross back, if the Macd crosses back on the 5 get out when the 1min stoch is below 20 and turning up. Note: you will notice I lock in ASAP any profit at all, My broker set limit is 3pips so when I have 5pip profit I lock in 1/2 to 1pip there's more but that's the basic-practice practice you will (I hope ) see what I see and know when you can stay in or get out. Do the opposite for a buy-- Good luck to all Ken-TheForexFox Good trading. Thanks for sharing. I love taking risk with the right returns. |
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Členem od Nov 06, 2011 8 zpráv(a,y)
FXTrendWorks
Nov 07 2011 at 08:46
Ken,
Thank-you for getting back to me and clarifying your strategy. I have a similar strategy, that I'm using with the stochastic oscillator (9,3,3), on the M1. I'm going to watch this carefully, and incorporate into my trades. I've been trading stocks & Forex for the last 5 years, and have finally been trading & growing consistently. I'm trying to establish various layers of strategies, overall. PS: I'm also new to myfxbook. Is there a trick to getting the account up and running on the site. I placed the broker and investor password in my settings, earlier today, and I still have a 'pending' status. I was hoping that my trades would start to show up on my account, here. You're appreciated, Ken! |
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Členem od Oct 18, 2011 39 zpráv(a,y)
tyler (tylerbose)
Nov 07 2011 at 10:51
(editováno Nov 07 2011 at 10:53 )
damianus posted: Hi Ken... Thank you for your compliment...:) Well...I am still young and stupid....I willing to learn from others...( Including you )... Btw ...There's nothing impossible in forex world... Here the link that i would share to you... mt4i.com/users/indrafxscalping This guy start with $ 1000 then turn into $ 13 million just in 6 -7 hrs !!! 1000$ into 13 million is possible thats what i like about forex , but no broker with a minimum of 1000$ deposit would allow him to withdraw 13 million , if you'r aiming high you better go with the big guys , like hotspot (1million minimum deposit ) , marex (500k ) , LCG ........ |
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Členem od Feb 07, 2011 617 zpráv(a,y)
PipGnostic (TheCyclist)
Nov 07 2011 at 11:37
It is not possible in 7 or 8 hours. In 24 hours that individual would have more money than Bill Gates. I think we'd have heard something by now.
Show me your pips!! |
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Členem od Oct 18, 2011 39 zpráv(a,y)
tyler (tylerbose)
Nov 07 2011 at 12:53
TheCyclist posted: It is not possible in 7 or 8 hours. In 24 hours that individual would have more money than Bill Gates. I think we'd have heard something by now. it's incredibly hard but not impossible , if you have a good broker and giant balls of steel between your legs you can do it  when i was a beginner in forex i build a lot of strategies , one of them was about turning 10k into 19.2 million in only 12 trades 100 pip each trade , 100 pip loss would be my entire account wiped out ! seems risky but if you think of it , you have more chances doing 12 win in a row than 300 ! that's the theory , but in reality risking my entire account on each trade would probably kill me , i wouldn't be able to handle the amount of stress that would cause , so i risk only 2~5% on each trade thats more comfortable |
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Členem od Nov 02, 2011 57 zpráv(a,y)
Ken (TheForexFox)
Nov 07 2011 at 13:20
FXTrendWorX - I see you have your account posted- good luck and thanks for your kind words.
7forex below is a great post by Saltywaters- thanks for your comments- I see you really don't need any help with a system, your doing very well on your own-nice trading Good luck to all- below is a GREAT post by Saltywaters- SaltyWaters posted: Based on what I've read around I rather start my view (not definition) with what is a bad trader. A bad trader is one who doesn't succeed in making money even though he has read all the books about trading and belongs to a group of people who agree with him and call themselves 'the good traders' or the guys who know how to do it the way it should be done (they usually have nothing to show) but they still struggle to break even or they still end up losing. He applies the rules he believes should make a good trader (e.g. tight SL) and tries to define a bad trader, usually setting the standards of trading or even teaching others (e.g. selling books that define what is a good trader) - pointing out things he sees on other traders that he can't do himself because he has no skill or he is a 'chicken' like trading without a SL or using a martingale strategy, grid, etc... He often forgets the ones who succeed in this game are usually the ones who don't do what everybody else is doing. Because they have the 'Guts' or the 'Balls' to do it. A good trader is one who makes money trading regardless of his style or strategy be it orthodox or not. He knows that there's plenty of wannabes out there that don't agree with him and will try to put him down by calling him names (e.g. gambler) or trashing his method (e.g. it will blow soon or later). He doesn't give a shit for what others say or do. He believes in himself and his strategy. He may be able to take more heat than others before chicken out and let the DD go deeper in order to get what he wants. He knows the risk involved and he is willing to take it. He will take the money and run when the time comes and bank the profits. Here he will laugh at the 'barking dogs' that say he is not a good trader then indifferently he will go back for more. He is an individual that knows the risk involved in trading and he knows that he will win some and he will lose some sometimes but he keeps his equity growing. A good trader knows that better than to be a 'good trader' is to be a 'Money Maker' and that is his ultimate goal. In the end of the day the name of the game is 'make money' - and if you can have fun doing it is even better . Cheers, Salty Hope you all enjoyed it, and thank you Salty for posting it. Trade the plan that works for you!! |
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Členem od Feb 07, 2011 617 zpráv(a,y)
PipGnostic (TheCyclist)
Nov 07 2011 at 14:15
No tylerbose,
It is impossible. As you just re-iterated. Run your 12 trade thing. Prove me wrong. And you as well Ken, go live, show me how this works. Show me your pips!! |
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