I think it was 5k into 100k, :eek: But I might be wrong.
See page 139 of this blog to see it was 50k.
Yes, but at the very start he started with a small amount and compounded it - and thats how he had the 50,000 on page 139ā¦
am i right?
i have been following this thread for a while and im under the impressions Luis and a partner worked with a small amount and worked together to turn it into what he has now.
perhaps tmoney can clue us in. What did you start out with Tmoney?
Yeah, I think I recall thatās how he started.
It was 4,865.27 of which we made a 12,586.46 dollar profit from after paying 948 in commission to our brokers. This was enough to land us a 50k investment and the rest is historyā¦ heh. We flipped the 50k to 172.6k from July to end October and took a break throughout November and December. As a result, we ended up with 122.5k in profit (245% return between July-October, 61.3% monthly avg). From November-Jan 1st we withdrew 160k (split the shares) and the rest you should know from my recent posts from Jan - Today. All in all, now we are in the processes of finalizing a dealā¦ and as I said b4, I can say no more :D.
I hope this answers your question :rolleyes:
Awesome as usual coming from you
Itās great to have you back in here, donāt get lost for that long.
BTW did you trade the cable during this session?
Hey,
Is anyone looking at the USD/CHF at the moment?
i am trying to analyse it, with my
X @ 1.07870
A @ 1.05175
B around 1.06970
I would upload pics but i am on bootcamped Mac running windows and it doesnt recognise the print screen button.
I wish Fx was compatable with Mac!!!
anyway - i am just keen to start getting some pattern recognition under my belt, it looks like this one could turn into a buttlerflyā¦ im not sure
any help?
Incredible result, congratulations.
-Edit- Iām currently in the swiss
TMoneyBags - you mentioned that you are in the process of signing some kind of deal ā¦ does this mean that you will not be able to post your trading ideas/results and your new system here on the forum due to terms of your deal ??
Took a 9 pip loss. 6 initial after the first 15 min close above the convergence point and 3 now after reading the candles and seeing price history. Their is too much confusion within that convergence point to stay in it and wait for a 30 min close (lower time frame analysis) and the News that had swiss news from 5am usually makes this pair go āballisticā through out the day (price history march 18, feb 18). Iāll let you guys know if I find anything decent to trade today. Iām pretty sure some pattern will form for the US news thatās about to come out.
No on the contrary, quite the opposite will happenā¦
My guess is:
Babypips are going to recruit him
yayyyyyy!!!
What was your pattern on the swiss like TMB?
i have one which hasnt completed quite as yet, its on its way to the D nowā¦ hopefullyā¦
Upcoming EUR/GBP Bullish Butterfly (4H) convergence at 0.86499
Upcoming EUR/USD Bullish Butterfly (2H) convergence at 1.31743
Thanks mate, itād be good to have short and sweet alerts like this and can have a look too
Nice one !
Hi, im really curious. Is there any favourite currency that you guys have that u always pay attention to?
Trading Check List (MUST BE COMPLETED BEFORE PLACING AN ORDER OF ANY SORT)
1.THERE IS NO NEED TO ALWAYS BE IN A TRADE.
a.Is the market symmetrical (2-3 patterns prior to your prediction)?
b.Is there multiple convergence?
c.What time frame are you trading?
2.Always set a stop loss point, whether it is visual or physical, a failure point must be set.
a.What is your visual stop?
b.What time frame is your visual stop in?
c.*Is your trade 10+ pips positive?
d.Is there a physical stop? If so where?
3.At the beginning of your trading day, you must do a full top down analysis of the pair you will be trading.
a.Have you done a full top down analysis of the pair?
b.What are the results of the last 10 patterns that developed?
i.Circle (F)ailed || (S)uccessful
1.F S
2.F S
3.F S
4.F S
5.F S
6.F S
7.F S
8.F S
9.F S
10.F S
c.Is the success rate above 70%?
4.Make sure your XABCD points are valid!
a.Is your X an extreme?.
b.Is your BC Leg at least a .382 retracement?.
i.If your BC leg is a .382 retracement or gap, then CD must be: 127% - 261%
5.Your D projection must always be at a convergence point in price.
a.What is the proximity between the convergence point?
i.Please circle the following (If not applicable SWITCH PAIRS):
1.0.0-2 pips = Excellent convergence
2.2.1-5 pips = Good convergence
3.5.1-10 pips = Moderate convergence
b.Is there additional convergence points in the given area?
c.*What candle stick pattern formed after reaching the convergence point?
d.*What candle stick pattern did you use as a ātriggerā (late entry/re-entry)
6.Is your limit set at 30 Pips (If this is not true then you have failed)?
1.YES
7.THE ABOVE MUST BE COMPLETED BEFORE ENTERING A TRADE.
*must be completed during a trade.