prochargedmopar wrote:ZEN wrote:I realy was in love with the good old green Buck but I see him beated by all the new kids on the block and I don't like this. Is there a currency war!?
I realy don't thing the USA economy is that weak.
If it goes like this, very soon the USA governement will have to find a new currency somewere, or some blood to rejuvenate the good old green Buck, uncle Buck!
Funny, these are the kind of doom and gloom stories you read right before the market makes a big swing....... Keep selling to the big boys, the'll buy from you happily...LOL
It has hit me like a TON of bricks!!!!
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ZEN
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Today it's better!
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xtremeforex
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My life has changed.
Family and friends are suspicious about my change in lifestyle.
Comrades, trading is very simple. Don't listen to 99% of the crap and lies that apparently "teach" you forex. I am now convinced that 99% of the literature in FOREX is a load of crap developed by winners to confuse beginners and the naive in the most logical-sounding way possible, with half-truths to make it convincing, such that you never clue in on the simplicity of trading. You must have screen-time to see for yourself.
You don't need indicators, you just need a good risk management strategy THAT IS IT.
Family and friends are suspicious about my change in lifestyle.
Comrades, trading is very simple. Don't listen to 99% of the crap and lies that apparently "teach" you forex. I am now convinced that 99% of the literature in FOREX is a load of crap developed by winners to confuse beginners and the naive in the most logical-sounding way possible, with half-truths to make it convincing, such that you never clue in on the simplicity of trading. You must have screen-time to see for yourself.
You don't need indicators, you just need a good risk management strategy THAT IS IT.
Last edited by xtremeforex on Mon Jan 07, 2013 8:06 am, edited 1 time in total.
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xtremeforex
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By the way, my favourite TRO tools are
a) Multi Meter Candle Colour
b) HERD Mentality
c) UP DOWN
d) Spread Alert
e) Bias EZ
Although, these indicators do not affect nor are they implemented in my strategy. I find the information they provide gives me a good holistic understanding of the current market situation in an organized way.
a) Multi Meter Candle Colour
b) HERD Mentality
c) UP DOWN
d) Spread Alert
e) Bias EZ
Although, these indicators do not affect nor are they implemented in my strategy. I find the information they provide gives me a good holistic understanding of the current market situation in an organized way.
xtremeforex wrote:My life has changed.
I just bought a new BMW with my trading profit, something I've always wanted.
Family and friends are suspicious about my change in lifestyle.
Comrades, trading is very simple. Don't listen to 99% of the crap and lies that apparently "teach" you forex. I am now convinced that 99% of the literature in FOREX is a load of crap developed by winners to confuse beginners and the naive in the most logical-sounding way possible, with half-truths to make it convincing, such that you never clue in on the simplicity of trading. You must have screen-time to see for yourself.
You don't need indicators, you just need a good risk management strategy THAT IS IT.
Real men drive trucks (no wink face)
xtremeforex wrote:My life has changed.
I just bought a new BMW with my trading profit, something I've always wanted.
Family and friends are suspicious about my change in lifestyle.
Comrades, trading is very simple. Don't listen to 99% of the crap and lies that apparently "teach" you forex. I am now convinced that 99% of the literature in FOREX is a load of crap developed by winners to confuse beginners and the naive in the most logical-sounding way possible, with half-truths to make it convincing, such that you never clue in on the simplicity of trading. You must have screen-time to see for yourself.
You don't need indicators, you just need a good risk management strategy THAT IS IT.
I like how you told everyone you finally saw the "light" and then bounced
Congrats man on your new found success!
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ZEN
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xtremeforex wrote:My life has changed.
I just bought a new BMW with my trading profit, something I've always wanted.
Family and friends are suspicious about my change in lifestyle.
Comrades, trading is very simple. Don't listen to 99% of the crap and lies that apparently "teach" you forex. I am now convinced that 99% of the literature in FOREX is a load of crap developed by winners to confuse beginners and the naive in the most logical-sounding way possible, with half-truths to make it convincing, such that you never clue in on the simplicity of trading. You must have screen-time to see for yourself.
You don't need indicators, you just need a good risk management strategy THAT IS IT.
Congratulations!!!! Keep up the good work. Good luck and best regards!!!
Today it's better!
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xtremeforex
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Thanks guys
Yeah adaseb you're exactly right. Screen time is the most important.
I've realized that you can NOT devise a strategy that is based upon predicting the future. This basically means, FORGET candle formations, forget anything that attempts to tell you the future. Don't even try it will never work, any literature in forex that suggests you can figure out which way the market will go will ultimately be a losing strategy.
The focus on strategy development should be ENTIRELY risk management, automation, building margin and developing a strategy that allows you to go LONG in a BEAR market and SHORT in a BULL market. Yes, you read that correctly. Automation being very important in this regard. If you're able to profit by taking an opposite direction to the trend then you got a SOLID winner, because imagine when you go in the SAME direction...
Yeah adaseb you're exactly right. Screen time is the most important.
I've realized that you can NOT devise a strategy that is based upon predicting the future. This basically means, FORGET candle formations, forget anything that attempts to tell you the future. Don't even try it will never work, any literature in forex that suggests you can figure out which way the market will go will ultimately be a losing strategy.
The focus on strategy development should be ENTIRELY risk management, automation, building margin and developing a strategy that allows you to go LONG in a BEAR market and SHORT in a BULL market. Yes, you read that correctly. Automation being very important in this regard. If you're able to profit by taking an opposite direction to the trend then you got a SOLID winner, because imagine when you go in the SAME direction...
I'm new here, but it's always very encouraging to hear from people who actually are successful, rather than fakers and scammers.
I'd heard about TRO for a while, but never looked at his material in depth (there seems so much of it now that I am looking!)... but other threads on FF regarding "naked" no indicator trading and fib trading have always entranced me, but no-one ever provided much of a system. Is there any particular thread I should start on now that I am here?
I'd heard about TRO for a while, but never looked at his material in depth (there seems so much of it now that I am looking!)... but other threads on FF regarding "naked" no indicator trading and fib trading have always entranced me, but no-one ever provided much of a system. Is there any particular thread I should start on now that I am here?
- TheRumpledOne
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