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- Stephen Thom replied Jun 12, 2018
Hi Davit, I don't usually reply or comment on threads, just prefer to go quietly about my business. But since it is something of a milestone day (1000 pages) i just want to say what a great system, genius really and like all the best things so ...
- Stephen Thom replied Feb 11, 2018
Yes i missed that first part of the move. Very nice catch for you and it was there to be taken. Hopefully i will get in on the next part, need to see where it opens tomorrow.
- Stephen Thom replied Feb 11, 2018
That's good. I don't actually trade tight ranges so it's not something i would look for or be aware of. There are so many ways to do this. I wish you continued success with this or any other method.
- Stephen Thom replied Feb 11, 2018
Imo there are no good (best) indicator systems and anyway no one can actually learn anything by using them thus making winning in the long term impossible and therefore actually not helping a newbie trader. Market structure really is where it's at. ...
- Stephen Thom replied Feb 11, 2018
I am looking at nzd/usd for a potential sell tomorrow. Price is currently sat where previous support was 0.7252 (which should become resistance) and is also in an ascending wedge pattern which in itself usually results in a down move. If price ...
- Stephen Thom replied Feb 11, 2018
Yes 1.2250 ish is a great level having previously been support and then that false breakout down to 1.2225 and your stop above the previous highs is perfect, just the way i would do it. That is something i will be looking at tomorrow. Good luck with ...
- Stephen Thom replied Feb 11, 2018
This is all of it-simple.
- Stephen Thom replied Feb 11, 2018
Hi GS, i trade all the majors but no exotics and not xau due to the spread. My take on the above pairs you mention is that e/u h1 & h4 looks like it is heading towards 2160 ish and maybe lower but is obviously subject to increased volatility due to ...
- Stephen Thom replied Feb 11, 2018
This, right here, is the truth. Those who are losing money should take note and go and learn about market structure. Forget about all indicators-if you don't know market structure you can never trade profitably over a long period of time, and if you ...
- Stephen Thom replied Feb 1, 2018
I meant to say though, I do the same thing on higher tf-1hr.
- Stephen Thom replied Feb 1, 2018
Completely agree and imo this is the way to do it.
- Stephen Thom replied Feb 1, 2018
That's how they need to be. There is no point in having a chart full of lagging indicators in my experience.. The only indicator possibly worth having is volume profile.
- Stephen Thom replied Feb 1, 2018
Can't believe this thread doesn't have more followers. This is THE best way to trade for consistent profit.
- Stephen Thom replied Jan 17, 2017
Suits you sir.
- Stephen Thom replied Aug 25, 2016
Yes you are right it does not mean that it works for everyone. This is why it's impossible for someone to teach anyone (in my opinion) everyone just needs to find their own way, what works for them. During the 6 years it took me to become profitable ...
- Stephen Thom replied Aug 25, 2016
[quote]Hello, I've read most of the comments posted here and it really struck me on just how lucky I am to be part of the 5%..... I mean I'm a 21 year old student who started out with 1450 and now manage hundreds of thousands. My journey into Forex ...
- Stephen Thom replied Aug 25, 2016
This is totally correct. Please see below an extract from a comment i made in a different thread about a week ago. For what it's worth forget EA's, all the bullshit indicators, all the 1000's of different methods. Keep it simple, look for ...
- Stephen Thom replied Aug 20, 2016
Those who mentioned #5 genuinely consider themselves Guru? )) Really they exist? I am #5, 8 years trading now. Not a guru and not a teacher. Why? Because it's something that can't really be taught. Why? Well those steps (learning curve) are pretty ...
- Stephen Thom replied Aug 12, 2016
Lol... Can't we all just be friends? Ignored I have no friends. Money is my friend. If you need a friend get a dog - Gordon Gecko.