40-100 pips per day LIVE TRADING

[njacobs]

Originally Posted by scammed

Big surprise. What was promised as a one time only fee is now a monthly fee room. What about the promised daily targets? Gone also I'm sure. Gotta give him credit for mining newbies on this site for a monthly cash cow.

Also wondering why such a big time trader is trading single lots with a market maker like Oanda instead of multi lots with an ECN?

Yea this person scammed has no idea what they are talking about. First, targets are still given for students in the advanced room that requires no monthly fee. Students have requested James continue to trade with them and would be willing to pay a monthly fee. I for one am one of those students. I am more than happy to pay a small monthly fee to trade live with James. I've learned a ton from him and am still learning. But if I did not want to pay the monthly fee, I could still get the targets. I'm surprised James doesn't charge a lot more for what he is providing. Who wants to work for free. I've seen people charge a lot more for a lot less education.

Also, James does not trade with Oanda. He uses them for charts. And I don't know where you got that James trades single lots, that's not true. Get your facts straight before posting. You have no idea what you are talking about.

Also a big thanks to Tess and Tony for there contributions. And of course, thanks James for everything you do to help people. I really appreciated it.

[tonymand]

p.s. .... want proof ? do you own research you lazy sods ....[/quote]

I love it and couldnt agree more!

[MasterPlan]

Tony or Tess:

how do you guys find the trend of a pair?

do you look at 4hr charts, 1hr or dailys?

[daydreamer65]

Hi Masterplan you will not see Tess on here all week (on holiday) so I will endeavour to answer in her stead.

Take a look at this site

Trend Lines - StockCharts.com

If you have any more questions just ask away.

[tonymand]

Originally Posted by MasterPlan

Tony or Tess:

how do you guys find the trend of a pair?

do you look at 4hr charts, 1hr or dailys?

Hi master. I start at the dailies and work down. Each time period has 3 distinct trends. I usually determine overall direction on daily, 4H and 1H before coming down to the 15 min timeframe. So today all 4 time frames on GU are up and so I would expect any pullback on the 15 min to be a retracement until proven otherwise. If I end up in a long trade i will be more forgiving of it than if a short comes along

[tonymand]

If you look at the various timeframes for GU they are all up. The black elipses mark a legitimate short trade that I didnt take as I would prefer to trade with the larger trend. There is the possibility of an ib forming now on the daily low which would be a nice entry if it comes off

[MasterPlan]

yea i was going to get on that trade, but i chicken out . i couldn't pull the trigger LOL. oh well, at least i saw the trade thats half the battle . It's hitting the r1 level at 2.0300, do you think it will break though?


Master

[tonymand]

Originally Posted by MasterPlan

yea i was going to get on that trade, but i chicken out . i couldn't pull the trigger LOL. oh well, at least i saw the trade thats half the battle . It's hitting the r1 level at 2.0300, do you think it will break though?


Master

Didnt take it in the end. The OB is legitimate but look at the overhead resistance here at the round number of 300. Would rather see it break through and take it then. You would say the probablility is that it will go as we are up on all relevant timeframes. Look at GY now struggling at 230 and remember it is down on the higher timeframes so looking for rejection makes sense

[tonymand]

Having said that James thought it was a legitimate trade and a number of people in his room took it with a profit target of 300

[MasterPlan]

Tony:

do you think PPI Input m/m or PPI output m/m, might have affect on GDP/USD?

Master