ST patterns Strategy. Result for the last 7 days: + 71%

Nov 8, 2010
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#46
If genuine, I'll see what he's got when I am bored. I happen to believe winning is possible. So I would not be shocked if he turns out to be a real winner.

But on the first gut impression, I am not buying his title: price is everything, because price is the primary tool the merchants use for manipulating people's thinking. Relying entirely on that would be deadly.
Forex education is the primary manipulation tool in the markets. The only place they can't hide their tricks is on a buck naked chart, and I'd never condone the use of anything else
 
Apr 4, 2016
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#47
Forex education is the primary manipulation tool in the markets. The only place they can't hide their tricks is on a buck naked chart, and I'd never condone the use of anything else
Yes misinformation, news etc, is a major tool. But the price is the ultimate tool. They can use the price to 'paint' any pattern you like. I would not put that much faith in it.

What I do is I study where they put their money. They are never wrong when their money is in it.
 
Nov 8, 2010
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#48
Yes misinformation, news etc, is a major tool. But the price is the ultimate tool. They can use the price to 'paint' any pattern you like. I would not put that much faith in it.

What I do is I study where they put their money. They are never wrong when their money is in it.
Their money is where everybody else's stops are, and that's printed on the charts, because the ITs have their targets, and as price gets close to them, they get the retailers to trade in the right direction, then take their stops.

There's no place to see that but on the charts.

Anyway, let's stick to topic, and await this guy's verified results :)
 
Apr 4, 2016
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#49
Their money is where everybody else's stops are, and that's printed on the charts, because the ITs have their targets, and as price gets close to them, they get the retailers to trade in the right direction, then take their stops.

There's no place to see that but on the charts.

Anyway, let's stick to topic, and await this guy's verified results :)
Could be a long wait.

I'd certainly like to know where the stops are. I normally just blindly assume they are at the BS support/resistance places.
 
Nov 8, 2010
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#56
It took me ages to delete all those arrows! I didn't want them to divert the audience's attention from the clearly explained trade.
Next time, I'll save time and leave in the arrows.............
 
Nov 8, 2010
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#58
As stated before, nobody will believe your hand drawn accounts of your trades.

Without verified accounts, which you've had ample time to arrange, you're wasting your time here