With all due respect, stop taking gambler's excuse, folks. Instead, start building sniper's mentality. I've said back then, and I'll say it again here. Johnathon does not teach us to become a Forex trader. He teaches us to become a Forex sniper! One man's fate comes from one man's wait.
I agree and understand.
I never want to say that you must trade everything, all timeframes and all PA which you see.
So for all be sniper not machine gunner.
I wrote it bad and gave bad example
All I want to say is that even if you take 2 trades per year doesn't mean that you will be profitable. Saying after 2 unprofitable trades that you should trade demo and not live is premature. Never want to say that you must take 10 trades every day if you want to know your trading edge.
And Jonathon is mentor he know exactly what he do. There aren't suprise for him. You can follow him (great idea) but cannot compare his results with yours. He is teacher he is better in this trading. Saying that Jonathon is success in 90% is great and you know that this system work but you are not Jonathon you cannot compare yourself with him. This expectations are too high and as someone who start with this metod ... you should be happy that you are profitable or BE in your first trading year. You shouldn't be confused that Jonathon's gain is 200% and why you don't have this too. For newbie it is too high expectation.
Hope you understand what I mean.
Last edited by bambino358; 09-26-2013 at 07:13 AM.
I was just rewatching this video. Most of you must have seen it but I thought it's good because it goes through many different situations. I especially like the USDCHF analyse when he shows when to switch from looking to go short to looking to go long.
I understand. How I wrote 'sometimes little bit meticulous". I only want to reply to his question.
Next time I show only naked chart and told him to draw it yourself. it will be much more useful.
If you want to know Jonathon said that he doesn't use trendlines but have nothing against them.
I am not old member I am here maybe 2 weeks ..not so old .
Last edited by bambino358; 09-26-2013 at 07:14 AM.
Interesting analysis, do You trade setups like this often? When the trend isnt yet reversed?
I always get surprised when I get queries about the 1-2-3 pattern, especially because it's at the heart of how we trade (!)
When price is in a swing (whether short-, middle- or long-term), we trade PA formed after pull-backs within the trend [ that IS 1-2-3 ] And if you have counter-trend in your plan, the CT PA are fair game as well.