Hehehe
Before coming on this thread ( about 3 months after I started learning forex ), I’d gone through a couple of sites and forums, and was trying to piece things together.
This includes Niall’s free info [ never could get what a ‘fakey’ is <perplexed> ] and the behemoth James16 thread on FF [ couldn’t see the wood for the trees!, too many ideas and PA methods floated around ].
Then I came across a PDF doc having info on the pinbar, and a big light came on! This looked like a way I’d love to trade. I digested it and tried applying it to my trading, though without much success [ fake charting (Etoro) + didn’t have info on support/resistance and KHL’s ]
Between then and losing alot of my personal savings :/, I came on to BabyPips and another light came on. Tried out a couple of the systems on here ( some were pretty kul, and work for those who ‘feel’ them ). They also made me realize simpler is better ( ‘simple’ doesn’t mean ‘easier’, just means structured and straight to the point, without twisted complexities ). I also did the BabyPips school, a real eye opener as well ( that’s where I got how to properly use Fibs, for e.g )
Then finally, somehow, while searching for something on Babypips (don’t remember what now), came across Johnathon’s first post, and hoozah!, I knew I was home ( clear direction right there in black and white ). Made sure I read all the posts before posting ( somewhere on Page 11 ), and there began the final putting together of the pieces.
This method won’t work for everyone ( it doesn’t have to, there are near infinite ways to skin the forex cat ). But it has worked for me, has opened my eyes even to see more than was laid out in the thread. And for that I’m very grateful to Johnathon.
As the days have gone on, I’ve come across alot of positive and negative sentiments towards Johnathon + this thread ( won’t regurgitate it here ). Truth this: you’ll get out of this thread whatever you are looking for. The truth is: you don’t even have to join FSO. If you ACTIVELY read through the posts ( making NOTES and cross-referencing CHARTS and just good ol’ CHART TIME ), everything is laid out here. How do I know? Because my notes show how to handle setups, entries, exits, market structure, even trade management. All before joining FSO. I joined the thread HUNGRY and drank in gulps the insights that were shared on here. You’ll get out what you are looking for.
Lastly, some have also expressed dissatisfaction at the ‘restrictive’ nature of the thread [ i.e, Johnathon’s insistence on sticking to the core setups + method ]. This is very necessary and a plus => because of this, you CAN see the wood for the trees ( i.e, you can see the BIGGER picture ). And when you see the BIGGER picture, you see other setups/patterns that you incorporate into your own trading ( that’s what sight + chart time does ). You will ‘see’ things, and from there make up your own brand of PA trading. But the core principles (setups + method) remain at the heart and center of it all.
OK, ramble + tribute over, back to trading
Cheers