My name is Caleb S. and I have been a profitable trader for 8 weeks thanks to Jacko, the James16 group, Billy Ray Valentine, and Roland Campbell, whom I found here on forexforum.co.za. I owe much for the forum, as I have gone from being a losing trader to earning over 40% in my account in the last 8 weeks with the mentoring of those professional traders I fulfilled here. It may be done and I have done it. I have chosen to share a few of those my charts in real time as the trades are going on in the market for the eduion and benefit.
Advice to new traders who want to make money:
-Avoid the indiors. They are a distraction and they WILL destroy you and your account in addition to take way too much time to act upon.
-Trade the four hour chart as the base chart. That is what the cash is looking at.
-Look for OBVIOUS setups. The more eyes which are on a level, the more likely it is to be reactive.
-Price action is now king. Read the first 40 or so pages of this James16 thread and/or spend a few months in his private forum.
-Know where the stops and limits are at the market you are trading. That is what moves price.
I'll be posting my charts in real time, but that I will not post my entrances and exits here. But not all is free in life. You will have to work at learning this material and that I wouldn't be doing you a favor in the long run if I gave you everything. (Who is John Galt?) Additionally, you can find legal ramifiions....
Ready? Let us learn to trade and earn some money.