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Conversation Between ThePhoenix and MikiMax
Showing Visitor Messages 1 to 4 of 4
  1. ThePhoenix
    07-01-2009 02:50 PM - permalink
    ThePhoenix
    So, far he has only manully stopped one whole basket out at -50 pips. In the room he will tell you if he thinks a trade is going bad and to get out. Honestly, if you follow the method and make sure at least 4 pairs are in a trend together, it is kind of hard to lose unless you stop out on a little bit of drawdown. I've found if you can go with the trend, it will often look after you.
  2. MikiMax
    07-01-2009 12:01 PM - permalink
    MikiMax
    Will do, thank You
    BTW if something goes wrong and all 5 sl will get hit, it will be quite a draw down..
    Were there days like that ?

    Mike
  3. ThePhoenix
    07-01-2009 11:20 AM - permalink
    ThePhoenix
    Just watch the free videos, they tell the method. The one that tells the actual entry mothod is the, "basic," movie. Go to his twitter page, twitter.com/FourSquared I believe they are linked from there. As far as sl for the non jpy pairs it's 50 for the jpy it's 75. He gives away free scrips for opeing with SL's already set and an all close, for when you hit TP.

    It does go into draw down but not bad, not any worse than any other method.

    I'm new to it too and just learning, so I'm not going to try and teach anyone. scalpist is a good teacher and will answer questions via e-mail. He'll also e-mail you with the free stuff you need if you ask him.
  4. MikiMax
    07-01-2009 11:11 AM - permalink
    MikiMax
    Hi Phoenix,

    Just joined the 'daisy chain'.
    Gone through all the materials and must admit, makes sense.
    Came recently to similar conclusion with one more pair added usd/chf for opposite direction.
    Would appreciate if could find a minute and share with me your experience with this method
    Could you tell me as well what SL is used ? Were there any drawdowns and how big?
    I'd be garteful if You could tell me as much as possible as I'm cosidering that opportunity seriously.

    Greetings

    Mike
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