How to start learning forex trading

[malaguti]

make sure you have your period (day) separator on,,, and start day by day , pretending you are dealing with a live market ,, start analyzing EVERY swing , and have a look how the market evolves over a 24 hour cycle

as long as you analyse the swings correctly, of course..oh sh!t we're back to square one again!

 

[George A]

One tries to do something productive , for the benefit of others ( new traders who genuinely need help ) ,, and the response received was , from everyone else BUT those it was intended for ,,,,
Some people seem to have nothing better to do , except knock and abuse , they do NOT know how to socialize in harmony and respect here , and be constructive for the benefit of all ,, and the mood of this forum ,,, which is very sad indeed .
the amount of energy required to have to keep defending one's point of view and opinion , from all the rubbish that is dished out ,, is total UN necessary waste for me ,and no one needs to have to put up with so much ,,, hence brought me to the following conclusion .
As much as i would love to continue with this ,, i have made the decision to stop the input i started .
Anyone one want any further help regarding the subject i have spoken about ,, i am sorry, BUT for the reasons i stated ,, i am NOT prepared to continue offering it under these conditions , and will NOT allow myself to be exposed to such abuse in the public forum .
I will ONLY offer it in a private environment for the obvious reasons here on this thread .
Any moderator would like to single me out, as anything BUT , a genuine person trying to help , and can NOT see the logic behind my reasoning ,, then BE IT , as i am sure no one would accept this kind of treatment either .
Cheers,
George

 

[timsk]

Mike,

As I have pointed out to "Shakone" the whole theme on this particular thread is slanted towards any one who seeks to PM another member with regard to helping them out is to regard them as being up to no good.

Anyone can PM anyone else to help them out. At no point in any of my posts have I even suggested that there is anything wrong with this. T2W exists for the very purpose of members helping one another out. However, it has to be done in the correct way. George's way is the incorrect way and I have explained why in the clearest terms possible on at least 4 occasions in this thread.

You have said yourself in point 2 above that the PM facility is there for members to communicate privately so i still don't see what all the fuss is about if George offers to do so by that means.

You've only made reference to the first half of point 2. The second half reads: "However, it can be abused - and has been abused in the past - and T2W has a duty of care towards its members to try and prevent further abuse in the future." I then elaborate on this from point number 7 onwards. Please re-read them carefully.

I wouldn't mind knowing if you have statistics which show how many complaints T2W has received from members to indicate that they are being scammed in this way. I only mention this because if the percentage is of serious proportions then the moderators should consider withdrawing the PM and email aspect from T2W. Just a thought.

The PM facility has nothing to do with the Mods. It is there at the discretion of admin' and, as far as I'm aware, there are no plans to disable it. However, as I've made clear repeatedly, we do have a duty of care towards our members as, sadly, some people will abuse this facility.

Also, as explained to Shakone when I have started threads on T2W I have always explained in great detail what I am doing as I only use simple strategies and not complex ones that apply to George's theories. The point I am making here is that I am a genuine person who seeks to profit from FX and I share my own strategic information freely in crystal clear terms.

I'm very glad to hear it.

I don't want to get into arguments about whether George has not explained something correctly or backed up his theories on a public forum. George is George and one has to accept him as he is. He is more passionate about FX than any one I have ever talked to on the subject. As I have said before if George's prerogative is that he is willing only to take a few of us under his wing then I feel so fortunate that he offered to help me.

There is no argument about whether or not George has explained his theories publicly. He hasn't: that's a simple fact. His passion, skill and expertise all amount to zilch, nada, nothing if he isn't prepared to share it publicly for the benefit of all members. A ten year old who doesn't understand the difference between bid and ask can post on here and claim to be passionate about forex and give the impression they're some kind of guru. In the absence of clear explanations backed by practical examples of how they can be applied to the markets - such claims are utterly worthless.

Let' me be very clear here. If George does provide full explanations backed by practical examples of how to implement his ideas and then, unprompted, a member chooses to send him a PM asking a question - that's absolutely fine. That's what the PM facility is for. But that's a completely different kettle of fish from implying he has knowledge - but is only willing to share privately via PM. The latter is completely unacceptable. I'll wager that everyone bar you, George and possibly Dick understands and accepts this very basic point. In any event, it's forum policy. Those who breach it will have their posts reported and the Moderators will take appropriate action.

Also, as I have said before any one being persuaded to decline his help will miss out on improving their trading.

I am not trying to persuade any member from getting advice from George, you, Dick or anyone else. If they choose to do that - good luck to them. However, (and this is 'official' T2W advice), they would be well advised to conduct due diligence and do everything they can to ensure that the person they seek advice from is going to be able to provide them with whatever it is they want to know at a 'price' they can afford. Important: please note that 'price' need not be payment necessarily, it might just be hard work on their part. (In other words, I'm not accusing George of being a closet vendor.)

Maybe all this doesn't fit into T2W's Community Constitution but it seems a great pity to me that some new members will not benefit from his experience.

If George posts his ideas clearly on the public forum then many members will be able to do exactly that. Why he chooses not use the facilities available for the very purpose for which they are intended is precisely why he's in such hot water at the moment.

Once again I do thank you so much for dedicating time and effort to respond to us both.

I won't be much longer as, the more this goes on, the more convinced I am that it's just a wind up designed to waste my time. However, it has provided the opportunity to explain what the issues are so that new members unfamiliar with the way community forums like T2W work, now have some insight which will, hopefully, leave them a little wiser and mindful of the proverb: 'fools rush in where angels fear to tread'.
Tim.

 

[Dick Lexic]

Leave me out of it timsk... if george has done something wrong with the pm's then so be it...rules are rules ….i have only ever sought to bring this to an end before it escalated as it inevitably has....if george's post broke the rules then it should have been removed immediately and the reason explained to george instead of all this back and forth which I think may have put some hackles up ...i have seen posts being removed very quickly from various threads because they broke the rules on T2W so i'm left wondering why this one has been left hanging....

for the record I do not offer advice via pm's

 

[timsk]

Leave me out of it timsk...

Hi Dick,
If you don't want to be included, then you need either to stop aligning yourself to George / Mike or, alternatively, you need to at least acknowledge the very basic points that I have made repeatedly about acceptable conduct on T2W. I've only included your name because it is clear (thus far) from your posts that your thinking is very much in line with theirs. If this isn't the case - I apologise - but you need to make this clear.

George is deliberately choosing to behave like a scammer and, rather than disassociate himself from such people (as you'd expect an honest person to do), he's choosing to defend their actions which makes him look more dodgy than a very dodgy dodgy thing. You're either comfortable with that - or you're not. If you're not - you really need to say so in order to retain any credibility on the forum.
Tim.

 

[Shakone]

as long as you analyse the swings correctly, of course..oh sh!t we're back to square one again!

The way I draw swings, is that for an upswing I look for a higher low and a higher high. While it continues to make higher lows and higher highs I consider it to still be in that upswing. When this stops and we get lower lows or it just goes sideways, I consider the upswing to have ended. Groundbreaking stuff, I think my edge has just disappeared.

How do you draw your swings malaguti? You're a P&F man, so is a column a swing on it's own?

 

[Dick Lexic]

Hi Dick,
If you don't want to be included, then you need either to stop aligning yourself to George / Mike or, alternatively, you need to at least acknowledge the very basic points that I have made repeatedly about acceptable conduct on T2W. I've only included your name because it is clear (thus far) from your posts that your thinking is very much in line with theirs. If this isn't the case - I apologise - but you need to make this clear.

George is deliberately choosing to behave like a scammer and, rather than disassociate himself from such people (as you'd expect an honest person to do), he's choosing to defend their actions which makes him look more dodgy than a very dodgy dodgy thing. You're either comfortable with that - or you're not. If you're not - you really need to say so in order to retain any credibility on the forum.
Tim.

well i thought i had made myself clear in my last post...stick to the rules

i also thought i made it clear that the situation could easily have been avoided if you had followed the T2W rules and removed the post...

 

[timsk]

Dick,
i also thought i made it clear that the situation could easily have been avoided if you had followed the T2W rules and removed the post...

As I have repeatedly made clear - I am not a Mod' and, therefore, do not remove posts. Indeed, unless it's a black and white case of someone posting extreme porn at a time when Mods aren't around to delete it, it's not acceptable for me to remove any content at all. Quite rightly and deliberately, the role of staff and Moderators are completely separate to ensure that, as a member of staff, I can't unduly influence the content and general direction of the site.
Tim.

 

[Dick Lexic]

As I have repeatedly made clear - I am not a Mod' and, therefore, do not remove posts. Indeed, unless it's a black and white case of someone posting extreme porn at a time when Mods aren't around to delete it, it's not acceptable for me to remove any content at all. Quite rightly and deliberately, the role of staff and Moderators are completely separate to ensure that, as a member of staff, I can't unduly influence the content and general direction of the site.
Tim.

well it looks like the mods are happy with it...

 

[timsk]

well it looks like the mods are happy with it...

Quite so Dick.
However, all that means is that there isn't a clear and obvious reason for the Mods to edit or delete the post(s) using the T2W Community Constitution as a benchmark. In other words, George, Mike and you can behave like scammers and, even, endorse scammers and still remain within the T2W Site Guidelines as laid out in the T2W Community Constitution. The fact that the Mods haven't edited or removed George's posts (or yours or Mike's for that matter) doesn't mean (and please forgive the double negative here) that he, or you and or Mike aren't guilty of trying to spam the forum with hocus pocus 'Bullpoo'. And, as far as I can see, that is precisely what is going on here.
Tim,.

 

[Dick Lexic]

you have read this whole thing completely wrong but i have to say i am happy with the result....strange but true...

here it ends for me

 

[George A]

Quite so Dick.
However, all that means is that there isn't a clear and obvious reason for the Mods to edit or delete the post(s) using the T2W Community Constitution as a benchmark. In other words, George, Mike and you can behave like scammers and, even, endorse scammers and still remain within the T2W Site Guidelines as laid out in the T2W Community Constitution. The fact that the Mods haven't edited or removed George's posts (or yours or Mike's for that matter) doesn't mean (and please forgive the double negative here) that he, or you and or Mike aren't guilty of trying to spam the forum with hocus pocus 'Bullpoo'. And, as far as I can see, that is precisely what is going on here.
Tim,.

I can easily sum it up with one word ,,,
WAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAW !!!!!!!!!
I DID sit here for the last 15 mnts writing out a full detailed reply , but then i thought ,, WHY BOTHER , so i deleted everything i have written as i believe , there is NO other way to reply than the words i have used above >>>>>>> .
Cheers,
George

 

[malaguti]

The way I draw swings, is that for an upswing I look for a higher low and a higher high. While it continues to make higher lows and higher highs I consider it to still be in that upswing. When this stops and we get lower lows or it just goes sideways, I consider the upswing to have ended. Groundbreaking stuff, I think my edge has just disappeared.

How do you draw your swings malaguti? You're a P&F man, so is a column a swing on it's own?

depending on the box size of course but yes, thats the way I determine them. there's still an element of getting something wrong, but the number of times it keeps me out of trouble i couldn't ever consider anything else. I did notice on one George's early charts that his swings were in the wrong place, which means one minute he could be in an uptrend, then its not, then it is again. All wrong.
Another useful way is using a displaced moving average..ala ichimoku. Use ichimoku on a 60minute chart and you have your swings on a daily chart. On most of my charts I could be within a few points of a daily swing high or low just be using the various time frames.
Then there's cycle analysis...I combine all of these where I can

 

[BILLV]

Timsk
IMO there is nothing wrong with sharing information in private so stop making this a big deal.
Not everyone who wants to help people or doesn't stick to your rules is a scammer
so how about you let people decide for themselves what they want to do?
I imagine you are not selling anything either so George is not taking your customers....

 

[George A]

Timsk
IMO there is nothing wrong with sharing information in private so stop making this a big deal.
Not everyone who wants to help people or doesn't stick to your rules is a scammer
so how about you let people decide for themselves what they want to do?
I imagine you are not selling anything either so George is not taking your customers....

Be careful Bill !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
You may get branded along side of mike , Dick and myself
By the way ,,, what happened to that payment u were suppose to send me for that last session ????????????
Cheers,
George

 

[George A]

depending on the box size of course but yes, thats the way I determine them. there's still an element of getting something wrong, but the number of times it keeps me out of trouble i couldn't ever consider anything else. I did notice on one George's early charts that his swings were in the wrong place, which means one minute he could be in an uptrend, then its not, then it is again. All wrong.
Another useful way is using a displaced moving average..ala ichimoku. Use ichimoku on a 60minute chart and you have your swings on a daily chart. On most of my charts I could be within a few points of a daily swing high or low just be using the various time frames.
Then there's cycle analysis...I combine all of these where I can

Poooor souls !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The SUN IS out ,, and YOU both are STILL using a LIGHT GLOBE ????????????????????

 

[wackypete2]

Timsk
IMO there is nothing wrong with sharing information in private so stop making this a big deal.
Not everyone who wants to help people or doesn't stick to your rules is a scammer
so how about you let people decide for themselves what they want to do?
I imagine you are not selling anything either so George is not taking your customers....

Rules are set for a reason. You can love them or hate them. If George or anyone else doesn't want to play by the rules then go elsewhere. Whether he is a scammer or a genuine nice guy makes no difference. Personally, I can't understand why this entire thread still exists, completely devoid of any content. It's just a p1ssing contest between George and an admin, and since we're still here then it appears George is winning. A testament to what is wrong here at t2w.



Peter

 

[Shakone]

depending on the box size of course but yes, thats the way I determine them. there's still an element of getting something wrong, but the number of times it keeps me out of trouble i couldn't ever consider anything else. I did notice on one George's early charts that his swings were in the wrong place, which means one minute he could be in an uptrend, then its not, then it is again. All wrong.
Another useful way is using a displaced moving average..ala ichimoku. Use ichimoku on a 60minute chart and you have your swings on a daily chart. On most of my charts I could be within a few points of a daily swing high or low just be using the various time frames.
Then there's cycle analysis...I combine all of these where I can

Yeah I agree. I think there's a big difference between someone who is reading price from the left hand side of the chart as you must do when trading, and someone who looks from the right (or hindsight).

I only saw one of George's charts, and it looked like he'd just applied a zig-zag indicator and put a lot of 'why' statements around the highs and lows. Hindsight stuff.

As you point out, there are many ways to define swings.


...



BILLV and Dick Lexic, I think you've both got it wrong, again, and to be honest I don't know why T2Win puts up with this sort of nonsense. Private messaging is there for members to communicate yes, but that's members, and it has been pointed out several times by Timsk that he has nothing against that per se. But it's not an email service at Trade2Win. If you have no intention of posting on the forum as George has suggested, then you're not really a member and it shouldn't be tolerated in my opinion. If your intention is to come here to take members away from here to some out of sight location like Skype, chatrooms, websites or even just to PM prior to doing those, then you should be warned or banned. Or you should be paying T2Win for allowing you to feed on the sheep. No normal business would put up with this sort of thing and allow you to use their facilities to steal away clients/customers.


Far too tolerant here.

 

[Forexmospherian]

I have only joined in the last month and because of my initial comments on being an experienced intraday full time trader and expert scalper - I was immediately tarnished as being fake or a fraudster come rip off artist - etc etc.

In hindsight - I can understand why - because in reality only 5% of less of all traders can actually claim to make money from intraday trading - day in day out - depending on the number of days I trade etc.

So out of every 100 new member here - 50 % + may be newbies and want to learn etc - then say 20 -30% might be part experienced and trading for over a year or two - and then 20 -30% or more might to think of themselves as being very experienced and own a holy grail system etc and want to sell it to the world.

So out of these say 20 -30 traders only a few - ie 3 to 5 - will be like me - ie over 10 yrs trading purely the forex market and over 6 yrs full time with now over 13000+ live trades etc etc and the other 20 -28 or so might be up to something - either genuinely - up front and stating they are commercial etc and make additional monies selling stuff - or complete rogues - who will just rip newbies off.

It as a shame because the fraudster guys are no worse than the real bankers who lie and cheat and set up to deceive traders of their monies etc - but that's legal according to the regulators - or as been in the past .

The answer for genuine experienced traders who want to share of help some newer traders - is to only say what you have got to say out loud in the forum - as I am doing in my own thread.

I have agreed to not PM anyone - and similar will not reply to any traders who PM me.

I will say though after spending over 10k+ hrs watching live small frame charts and years of dedication via time and money - I would not give away every tip I now know - why should I ??

In a open forum - you will have some fraudsters and false guru's just looking for tips and knowledge to sell on - and therefore - why should I help these guys who want to pick my brains and then make money from me ??

Luckily - trading to make money is far from simple - with so many variables to factor in - and so like studying to become a Doctor or Lawyer etc - you will need to spend years learning all the skills required

I would say for a small frame chartist - part time - then 3- 5 yrs to be at first level, and for a part time 4 hr / daily chartist you will need 5 - 7+ years to end up seeing the light ;-)

I suggest if George and his fellow trader friends are genuine - they make a few live calls - either on my thread or another - you can soon judge a traders after a few days or after say 30 calls

Normally I make anything between 50 and 90 intraday calls a week - some last 2 mins - many last 15 -30 mins + and the "free trades" can now and again last days and weeks ;-)

You are welcome to join me any day of the week - and if its not your scene - either be open elsewhere on T2W or leave and go to another site - but all "teasing" does is "wind" other traders up


Regards

Forexmospherian

 

[BILLV]

Be careful Bill !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
You may get branded along side of mike , Dick and myself
By the way ,,, what happened to that payment u were suppose to send me for that last session ????????????
Cheers,
George

George, I feel it's time for you to move on.
Our friend Forexmospherian has a good suggestion if you have time to post potential trades
http://www.trade2win.com/boards/dis...ing-calls-expert-retail-forex-trader-262.html

Yes sorry about the missed payments....:cheesy: