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do you have a several month history to show me?
are you advertising this to make money, or is if for elite members?
I make money by trading.
After introduction of EURO and electronic forex brokers for retail. I mean micro mini lots electronic brokers or bucket shoppers which can give you insane leverage...most of the people start trading spot forex. More then 95% loss their money average, rest make money at the cost of what 95% lose.
When scammer or con artist saw that we have so many traders losing money why not start ponzi scheme.
This economic melt down is not only due to wall street greed, victim of great era of scam in forex are also part of it. Never heard of it, we have any statistic on that matter, if some PHD student read my this post should think about doing desitation on that so that we can get exactly the real number on that important matter.
You also forgot to state the indicators are indeed based on price, and those really complex factors (you know those really hard ones you can't really explain) is high, low, close, open, and time.
The other thing you forgot to mention is, indicators based on price lag because they are based on historical prices- so let's not get ahead of ourselves baby Einstein.
You are correct most of the indicators are based on high, low, close, open, and multiple time, but not all of them are based on those factors.
Forget about indicators if you are technical trader all the time you see is past. Bar chart or Candle charts they all are history so why blaming indicators because they are derived from past. If you think you don't see chart because they are history you better not trade technically instead you can trade based on other trading styles. Lot of my friends they are not technical traders but still successful.
No one can predict future still most of the traders due to nature of the business trying to predict future, therefore, I can say in other words we try to find out trades which should have fair chances of holding our stop losses. If I have setup with good probability I take trade. Some of the traders they take trade based on good possible setup and still they are survivals because they know how to manage.
I am already in G/Chf trade and I won't take any trade til new year first week and I am not boasting my indicators as they repaint and renamed .
Just putting this trade in case people want to see what I am suggesting. As some indicator based traders think there has to be indicator to suggest a trade. I am not disrespecting anyone...you should understand once I put smiley face its mean I am kidding. We need some humor in this business to survive.
I am already in G/Chf trade and I won't take any trade til new year first week and I am not boasting my indicators as they repaint and renamed .
Just putting this trade in case people want to see what I am suggesting. As some indicator based traders think there has to be indicator to suggest a trade. I am not disrespecting anyone...you should understand once I put smiley face its mean I am kidding. We need some humor in this business to survive.
My last trades made thousands of pips. I should change my thread name to 'Couple of free thousands of pips for free' .
I am expecting CAD will get strong.
Look at picture to understand it. I hope you must have learn something from my previous posts. How long term trading can also be successful.
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