Recent content by Biobob

I admire you Ivan, as I admired Lucca123 for sticking with the strategy. SO many retail traders jump around from strategy to strategy without giving each one a good go [I would say 3 months is required as a minimum]. I've been guilty of this myself, but I feel ProFX just doesn't have the...

Hi mate, The problem is that ProFX [in its standard format as "taught" by Alex] has an appalling risk reward ratio. Risk 70 to gain 100 - that is NOT a winning proposition. In fact, it's a recipe for disaster. ProFX works brilliantly in trending markets - but I could show you a hundred...

Good work mate!! 33 pips a week is enough! It'll just take you a bit longer, that's all!! Imagine trading 10 lots and getting "only" 33 pips for the week...............

I'm afraid that Alex's knowledge amounts to this: 1. He is a system seller. 2. His system works great in trends. 3. His system has no filter for chop. 4. So it doesn't work in choppy conditions. 5. He only trades it on demo. 6. He only shows winning trades................. Harsh maybe...

Know what you mean about demo, but it's better than losing money. Glad you're only trading minilots!! When I first came across ProFX, I looked at using ATR for targets. Much smaller targets, but potentially, more consistent. Keep us updated. Like I say, I admire you for sticking with this...

Hi mate! I really admire you for sticking with this. However, my own personal feeling is that ProFX simply wipes out WEEKS of hard work as soon as markets become choppy. I had my best ever 3 weeks of trading a while back with ProFX [around 800 pips in 3 weeks], but then saw those 800 pips...

Hi Lucca - bad week all round so far. Let's hope we get some trends kicking off soon....................

Hi Stricky, You've posed some good questions - and in all honesty, I think there are better qualified people than me on this forum to answer them! However, I'll give it a go! I'll enter as the signal candle is forming, but ONLY if all other indicators agree AND I'm going in the same direction...

You're welcome mate!! Like I say, I don't profess to be an expert, but I'll always have an opinion!!!!

Hi mate, Well, where to start!!?? There IS certainly a good degree of discretion to how I trade this strategy, which unfortunately is difficult to teach. Plus, I am no expert in it, although I have had a good start to using it!! I tend to ignore the higher timeframe, as per BMB, in terms of...

Thanks! I intend to!!! BTW - I wasn't bragging about MY performance. I was just wanting to show everyone what is possible with ProFX. SO FAR, it has definitely turned a losing trader into a winning one!!

Hi all, This is the end of my 3rd week trading ProFX. This is the first time I have strung together 3 consecutive weeks of profit. My pip count is around 750 for the 3 weeks. I have been trading [unsuccessfully] for around 18 months. SO FAR, ProFX seems to be making the difference I have...

Great work Lucca!!! I saw those setups but decided to wait for cable - and I'm in it long now. Funnily enough, it's the slowest moving!! If I'd taken any of the others, I'd be away with my profits now!! Well done, anyway mate!

Caution advised today after last weeks big moves!!

Hey Lucca!! Good work!! I use 30min tf. I have spent ALL day reading that other thread. Very interesting, although it disintegrates towards the end and the main guys say they are not using it any more!! DESPITE them banging on about how important it is to stick to one system etc!!! What are...