No Nonsense Forex - VP

NVP

Legendary member
36,506 1,833
hey Gang ....

just wanted to flag up an interesting newish kid on the Block who goes by the name of VP (no its not me, i'm NVP)....

Patrick trades out of Las Vegas Nevada and has created a Free Blog / Website / Podcast series and youtube channel

he has created quite a stir in the last year or so and accumulated thousands of followers

He has openly challenged many myths about the Forex market trying to assist traders to become more profitable - no punches pulled...and i like that ...

its all free and i can assure you I have no commercial relationship with patrick ....just always happy to share out interesting and more original views on forex ...especially those that are disruptive and challenge the norm....

We dont share the same opinion on how successful Forex Strengthmeters indicators can be ......but thats just because we are all different and there are many many ways to be profitable in trading ......thats what makes it so interesting.........

N

https://nononsenseforex.com/forex-blog/
 
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NVP

Legendary member
36,506 1,833
Patrick recently discussed Forex Strengthmeters / Indicators ....interesting views and he does concede that although it didnt work for him there could be possibilities.....

he mentioned about a week of intensive investigation but not being able to make anything decent work or beat his own systems......Fair enough ...but lets be honest guys .....a week is nothing

Ive been using Strengthmeters for nearly 20 years now and it did take me a few years working with some great programmers and traders to get my bespoke systems in place .......everything in trading takes time and persistence before any success is seen

heres his podcast - I have offered up my own free indicator on his site for his followers if they want to try out things

good trading
N

https://nononsenseforex.com/forex-q-and-a-podcast/currency-strength-meter/
 

trendie

Legendary member
6,110 981
He is quite good!
(I had independently found his youtube channel. I think if I am leaning towards the same kinds of information that someone as illustrious as yourself is advocating, I think I am on the right track! :) )

He spends first six minutes talking about bitcoin.
He seems dismissive of Currency Meter / Indicators, but he does give the additional advice that should you decide to test it, make sure you use a Volume indicator as a separate filter.
 

NVP

Legendary member
36,506 1,833
He is quite good!
(I had independently found his youtube channel. I think if I am leaning towards the same kinds of information that someone as illustrious as yourself is advocating, I think I am on the right track! :) )

He spends first six minutes talking about bitcoin.
He seems dismissive of Currency Meter / Indicators, but he does give the additional advice that should you decide to test it, make sure you use a Volume indicator as a separate filter.

hey T

i had already corresponded with Patrick (VP) on strengthmeters / indicators before his podcast came out

in fact i suspect it was a small part of the catayst for doing the podcast ....a few others were contacting him as well so he decided to discuss his views ...........and i 100% agree with him on the worthlessness of heatmaps , lightshows , and the superficial stuff out there....all useless ....

it has to be indicator based like my FXCorrelator .....sure mine is MA based but most stuff lags...and in truth i dont use it for scalping ...i have faster and more immediate variations / derivatives ......

at least he concedes that there are possibilities ...but nothing he has found beats his own systems .....Fair do's ....

He couldnt make it work for him.......but he confessed it was only for about a week that he really really tried to get stuff working on it ..............it took me in all seriousness a few years to really get it working well for me .....and with some serious programming help along the way ..........

I think the Guy has really produced a good series so far ........but like all things it needs to stand the test of time ........perhaps a small part of me is still screaming

1) whats the catch
2) what is he selling?
3) how do we really know he is sucessful ?

But thats just natural for us old warhorses ...as weve all bought the T-shirts on so many "Great" traders and systems over the years

N
 

NVP

Legendary member
36,506 1,833
the guys set up a big discord discussion channel a while back now ..........it has a lot of good detail and an excellent range of customised indicators and other info

heres an invite if you want to get in the mix


N

again i am not affiliated or related in any way to VP or his NNFX team .....just someone who respects what they have done ...as long as it remains free and available to all i'm happy to support its work - N