Why not take him up on the challenge? You always seem to have plenty to say in others' posts, would be interesting to say the least.
I might steal some popcorn and sit back with Modest
Plus I suck at trading, so I like seeing those who talk the talk, also walk the walk.
Because I no longer trade intraday? I used to! And TH used to hassle me frequently for posting stuff about trading intraday momentum in forex lol!
But I stopped because it was far too stressful and not really aligned with my life goals. I have described what I do now, previously in a few threads, basically I hold some gold, some cash/bonds, and I have a handful of EOD based models which dictate my exposure to equity risk assets (I hold some single names but mostly portfolios/indexes) vs cash. No leverage, except occasionally I might go long options if the models dictate. The turnover is very low, I'm not sure daily updates of "still holding ~30% net long risk assets with the balance in cash and gold" for months on end would be that exciting.
You can usually get a gist of my current opinions based on what I'm posting, as it's usually the raw inputs of what goes into the models.
Utter nonsense. What evidence do you provide to support this claim? High tick volume indicates nothing other than a high number of transactions took place within a bar. That could be a million $1 transactions and it would show up as a big tick volume bar, except $1m of transacted dollars on the FX is peanuts.
Tick volume provides pretty much no additional information to a price bar chart.
You Know Gavin Holmes?
That's so cool!!!
I never really understand what you're doing, it's all too complicated for me with the way you describe it, but you sound fairly systematic in your approach which gets me curious, but not for this thread
Do you have an AFSL license ? You will need one for what youre selling on the site.
Also link up a myfxbook to your live or demo account
It is free and requires no extra work after setup and no one will argue you of its validity.
If after a while you show good profits on low risk I am sure you will get many more paid subscribers and you can also shove it in the face of some posters here.
But I doubt that will happen. Please update AFSL number or remove link to your site.
Once no reference of your site is left I am sure you get a more warm welcome here.
Don't need an AFSL License its an educational webinar, all I need is an ABN and I have that.
Just opened a position long GBP/CHF
I will post targets soon
Manage positions when they reach these areas and close on large signs of weakness
Closed the position for a profit of 15pips because of a little weakness.
Wow really ? For your sake I would carefully read http://asic.gov.au/regulatory-resources/financial-services/giving-financial-product-advice/
You fall under giving GENERAL FINANCIAL advice and solocitating in dealing of financial products. Lots of EDUCATORS around search up Safety in the markets, Traderscircle, Platinum Pursuits. They all have AFSL because they are seeking renumeration for giving financial education/general financial advice like your site.
btw, if you're gonna try and hide your position size, probably best to not display it directly on your chart. If anyone was curious, the GBPCHF position size was 1.00 lot. i.e. no real position sizing algorithm in place.
Until you can do that, your comments are irrelevant to me and carry no weight.
I will just continue posting winning trades week after week..... and of course any losers, I'm an honest guy after all.
Until you can do that, your comments are irrelevant to me and carry no weight.
We don't care about you buddy, we care about providing a reality check for those who might fall prey to your sales tactics.
To summarise:
* Claiming to trade VSA, but trades a proprietary market where real volume data costs $$$ (eSignal AGET which is the standard for real actual FX traders currently runs at 300USD/mo).
* Claiming to be a real trader, uses MetaTrader4, the software designed to game money from retail noobs.
* Claiming to know VSA, but can't even properly identify NoDemand bars on a chart.
* Claiming that MT4 tick volume can be used interchangeably with actual transacted volume.
* Claiming that MT4 tick volume has different application than actual transacted volume, while still treating MT4 tick volume as if it were transacted volume for the purposes of VS analysis, contradicting the previous claim.
* Runs a paid subscription service, selling a template and indicators which can be obtained for free from countless threads on countless retail forex forums like forexfactory.com.
Carry on.
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