Forex Price Action

[Kasravi]

Thank you for posting this Adir. I am glad you have posted this because I have had the same questions you did (just not in as much detail as you).

BBPunisher

When I was serving in the army there were recruits who were p***ed off with something and wanted to get their frustration out on somebody or something and ruin everybody elses morale too. Trying to make their problems everybody’s concern.

Same applies to you and your mate adir. You are trying to drag the conversation from PA and trading into issues which was never anybodies concern a fund and the crazy calculations you are hinging onto it.

[B]You are harassing a thread that has been started by a man that gets the thrill out of helping others! [/B]

I am a very keen observer and I search always for facts rather than fiction. Fact is that Johnathon is producing quality material time after time. Posting articles and trade Setups that are spot on. [B]These are hard facts.[/B] Now go ahead and challenge that.

Has anyone come on here and said that these methods are fake/did not work?! Has anyone come on here saying FSO was a scam?! Where are you getting this stuff from?!

We are about trading and I speak for everyone that if you don’t have anything to say about trading and Price Action analysis than you are out of place.

Best

[Kasravi]

Gbp/Jpy 4h

A strong Rejection from 170.00 VBRN.

Let’s see how this works out.

Best

[EternalNewB]

Thank you for posting this Adir. I am glad you have posted this because I have had the same questions you did (just not in as much detail as you).

I found the actual link to the post.[B] It is from one of Jonathan Fox’s actual students[/B] admitting he had a fund for 30k, and that the fund was negative for the year.

Forex School Online with Johnathon Fox - Page 2

It was his student (who was in general supportive of Jonathan Fox) who said this. So to admit the fund exists suggests what Adir is saying is true.

This begs some big questions, such as:

1. If the fund isn’t negative, why try to sweep this under the rug and not address this?

2. If he is such a good trader, [B]why [/B]trade only a 30k fund? The profits would be peanuts.

Assuming he does 100 percent return, and he takes 20 percent of the profits, we are talking 30k x .20 = 6k income for an entire year’s trading.

What professional trader trades 30k for a 6k payday at the end of the year? He could sell 20 courses and make that easy, so this does not make any sense.

What also doesn’t make sense is that he could not even make money with 30k!

3. If the fund is so great, why haven’t we ever heard another word about it over the last two years?

There are probably a lot more questions I am missing here. The fact remains, Jonathan Fox’s own student admits his trading fund is in the negative, should prove Jonathan Fox cannot trade profitably, and only loses money trading.

I think everyone should be having serious doubts about Jonathan Fox. If he doesn’t address this, then you have your answer.

Other Points by Adir

1. His site is very similar to Nial Fuller’s. I do not think they are the same person, but they both have cartoon drawings of themselves, and give themselves high titles on price action.

My guess is Jonathan Fox saw Nial’s work and realized he could copy it, built a similar product to make money, because he can’t trade.

4. In terms of proving he actually trades live, how come when he does a video, telling everyone where his entry, stop-loss and limit are, the charts do not show he is actually in any trade? MT4 shows horizontal lines showing the entry, stop-loss and limit, so if he was really in the trade, it would show it.

Why not show it as Adir suggests? It would demonstrate he is trading live, and making money with those trades. Doesn’t make any sense not to do this.

I also agree with what Adir says about many of the R-R ratios being quite poor on the trades he says were successful.

Anyhow - thank you Adir for pointing this out as it seems clear Jonathan Fox cannot trade.

If people in here aren’t asking questions about this, then they are paid plants/fake accounts, or oblivious to something that seems obvious.

I also notice Jonathan has been absent from this thread lately. Hoping this will just “go away” perhaps?

BBPunisher

It is not that I mind critics or anything but gosh you both come here just who attack a man that has been around for long on his own thread?

If you don’t believe in PA or J. Method feel free to go away, if you want to “warn” others not to get “scammed” feel free to open a new thread

We have some learning to do here and we’d rather (at least I’d rather) not spend time reading such attacks, I have tried PA and other methods and, for me, J. methods works just fine.

Of course YMMV but it is not a reason to generalize and treat the man as “scammer”

[spongebob76]

Howdy Peeps

Yip, im the old spongebob but since iv been gone for so long I lost my login details!

I love spongy so keeping it, haha. Ummm SOME might think im a fake too but go with your gut to those who know me

As for fakes, yea Johno must be a fake as im still trading successfully from what I learnt from Johno’s course. I dont post on here as there are ample guys helping others, I call that being helpful not a scam.

I will be honest, It was tiring answer so many questions and dont see any problem on new guys taking over from us.

But hey, Im a member of FSO so what do I know.

Cheers guys

[ivanyo]

Thank you for posting this Adir. I am glad you have posted this because I have had the same questions you did (just not in as much detail as you).

I found the actual link to the post.[B] It is from one of Jonathan Fox’s actual students[/B] admitting he had a fund for 30k, and that the fund was negative for the year.

Forex School Online with Johnathon Fox - Page 2

It was his student (who was in general supportive of Jonathan Fox) who said this. So to admit the fund exists suggests what Adir is saying is true.

This begs some big questions, such as:

1. If the fund isn’t negative, why try to sweep this under the rug and not address this?

2. If he is such a good trader, [B]why [/B]trade only a 30k fund? The profits would be peanuts.

Assuming he does 100 percent return, and he takes 20 percent of the profits, we are talking 30k x .20 = 6k income for an entire year’s trading.

What professional trader trades 30k for a 6k payday at the end of the year? He could sell 20 courses and make that easy, so this does not make any sense.

What also doesn’t make sense is that he could not even make money with 30k!

3. If the fund is so great, why haven’t we ever heard another word about it over the last two years?

There are probably a lot more questions I am missing here. The fact remains, Jonathan Fox’s own student admits his trading fund is in the negative, should prove Jonathan Fox cannot trade profitably, and only loses money trading.

I think everyone should be having serious doubts about Jonathan Fox. If he doesn’t address this, then you have your answer.

Other Points by Adir

1. His site is very similar to Nial Fuller’s. I do not think they are the same person, but they both have cartoon drawings of themselves, and give themselves high titles on price action.

My guess is Jonathan Fox saw Nial’s work and realized he could copy it, built a similar product to make money, because he can’t trade.

4. In terms of proving he actually trades live, how come when he does a video, telling everyone where his entry, stop-loss and limit are, the charts do not show he is actually in any trade? MT4 shows horizontal lines showing the entry, stop-loss and limit, so if he was really in the trade, it would show it.

Why not show it as Adir suggests? It would demonstrate he is trading live, and making money with those trades. Doesn’t make any sense not to do this.

I also agree with what Adir says about many of the R-R ratios being quite poor on the trades he says were successful.

Anyhow - thank you Adir for pointing this out as it seems clear Jonathan Fox cannot trade.

If people in here aren’t asking questions about this, then they are paid plants/fake accounts, or oblivious to something that seems obvious.

I also notice Jonathan has been absent from this thread lately. Hoping this will just “go away” perhaps?

BBPunisher

Interesting how you missed the last two posts before yours and state that Johnathan has been absent.

Please just leave the thread and let us be - we talk price action here. You can go stir up your little storm by creating a new thread and calling him out or something. I really don’t want to see you fools post here anymore.

[armyharahap]

@Kasravi

Gbp/Jpy 4h

A strong Rejection from 170.00 VBRN.

Let’s see how this works out.

Best

wow, that pin bar completely different in my chart, yes, it has long tail rejected from 170 but finally it form a very thin body almost line and bear is inside. well I think it’s too late for me. couldn’t made a decision earlier with pending order.

is this anything to do with me in GMT+7?

[Kasravi]

Howdy Peeps

Yip, im the old spongebob but since iv been gone for so long I lost my login details!

I love spongy so keeping it, haha. Ummm SOME might think im a fake too but go with your gut to those who know me

As for fakes, yea Johno must be a fake as im still trading successfully from what I learnt from Johno’s course. I dont post on here as there are ample guys helping others, I call that being helpful not a scam.

I will be honest, It was tiring answer so many questions and dont see any problem on new guys taking over from us.

But hey, Im a member of FSO so what do I know.

Cheers guys

Hey Spongy!

Long time no see! Yeah bob is my fav. too. The idea of a talking sponge living in a pineapple is out of this world.
Hope to see more of you in the coming days.

Best

[Kasravi]

wow, that pin bar completely different in my chart, yes, it has long tail rejected from 170 but finally it form a very thin body almost line and bear is inside. well I think it’s too late for me. couldn’t made a decision earlier with pending order.

is this anything to do with me in GMT+7?

Hmm not sure, which broker are you using for your chart analysis?

Best

[armyharahap]

@Kasravi

Hmm not sure, which broker are you using for your chart analysis?

Best

This is my chart

I’m using monex…same broker for my trade.
or should I use another broker just for doing analysis?

[Kasravi]

[B]should I use another broker just for doing analysis[/B]?

Yes.

Check this out: Broker and charting Info

Best

[Velniukstis]

@Kasravi

Gbp/Jpy 4h

A strong Rejection from 170.00 VBRN.

Let’s see how this works out.

Best

This one is in the middle of bigger range on the daily and mine resistance is ~40 pips up from that PB so no go for me, but keeping my fingers crossed for you.

[armyharahap]

Yes.

Check this out: Broker and charting Info

Best

thanks mate.

I already installed a NY close MT4.
so far, I looked after it side by side, not all chart is different. some pair show significant different on daily or h4 (regarding Price action off course), when some are complete mirror.

regards.

[Kasravi]

This one is in the middle of bigger range on the daily and mine resistance is ~40 pips up from that PB so no go for me, but keeping my fingers crossed for you.

Thanks, so far first TP hit at 171.20. Let’s see if it pushes further.

Best

[EternalNewB]

Thanks, so far first TP hit at 171.20. Let’s see if it pushes further.

Best

Kas what is the buffer you use for a H4 ?

thank you

[buster48]

I’m sure Jonathon is well able to defend himself and this thread. As a long time thread member (though not always actively posting)(probably longer than most people on here) I swore to myself not to get into debates after a protracted argument with an idiot that was both irritating and time consuming,what I’m saying is all the coat-tail gurus will pop up in Jono’s defence when he can handle it himself ,after all as Kasravi has said Jonathon is producing a good basic system for newbies to work from and a lot of good articles.You should be able to challenge ideas and not follow blindly what others say as long as its not offensive and I’m sure Jonathon would be the first to agree,so lets not get too excited when someone says something they don’t like ,if you don’t like something just ignore it and get maximum benefit from this forum, so here’s to the good ship “forex on line” thread and all who sail in her.
PS Kasravi this post is no way aimed at you as you have made some great posts mate ,its just that all the toadies will be giving their four penny worth about the posts which have had a go at Jonathon.Happy trading everyone :18:

[armandrmorel]

This one is in the middle of bigger range on the daily and mine resistance is ~40 pips up from that PB so no go for me, but keeping my fingers crossed for you.

I had my key support area around 168, also making this BUEB right in the middle of the range, so was the VBRN of 170 a better area to have had that support line drawn?

Those this mean the BUEB presenting itself on the daily is an A+ set up, come 5pm?

[Forex_School_Online]

@Adir_Mehra

I think several things need to be said about Mr. Fox and his method.

1. Why is his website almost an exact copy of Niall Fuller’s site, learntotradethemarket.com? They are eerily similar, down to the article content, writing style, graphics used, website design and style. The membership fees are even the same. And they are both Australians. For all intents and purposes it looks like they are run by the same person.

I believe Mr. Johnathon Fox is a slick salesman, a sweet talker, and not much more. There is currently zero evidence of Mr. Fox being (or ever having been) a consistently profitable trader in the Forex market. In fact, all of the available evidence points against that fact. But hey, looks like you made $150k (or more) just by selling memberships in 2013. Not bad for selling a broken refridgerator.

I am not a disgruntled customer. I don’t consider $300 a lot of money, so I bought the membership just to see what it was all about. I just thought I would bring up these points that seem to be oh so conveniently ignored here in this thread. I have nothing against price action, in fact I use a lot of it in my trading.

Mr. Johnathon Fox, feel free to respond to these allegations. Or ignore them, as you usually do when the question of your integrity comes up. Though be aware the latter option, as well as the former option with no proof to back it only makes you look the guilty party.

@BPPunisher

Thank you for posting this Adir. I am glad you have posted this because I have had the same questions you did (just not in as much detail as you).

Anyhow - thank you Adir for pointing this out as it seems clear Jonathan Fox cannot trade.

If people in here aren’t asking questions about this, then they are paid plants/fake accounts, or oblivious to something that seems obvious.

I also notice Jonathan has been absent from this thread lately. Hoping this will just “go away” perhaps?

BBPunisher

Heya guys,

firstly lets get something clear. Adir; you are not one of my members. If you were you would not be asking the questions and making the statement you are because you would have the answers. You would not be trying to to make silly slanderous comments. I don’t know if you have another product you are trying to flog and you are both Adir and BPpunisher (odd you come out the wood work at the same time).

If you were a member you would know there is a whole seniors thread where live trades get places are posted live in the members forum by seniors and myself where both winners and loser are discussed in real time. You would know that in the members area we teach completely different setups and techniques that other price action educators don’t teach. The trading fund was a pamm account that did not get traded because it was with a broker for non US clients which was unfair for US members. We paused it to find another suitable broker, however this did not end up happening.

This is the last I am going to go into any other type of this rubbish. I said at the start of this thread it will be for teaching traders who want to trade price action and that is exactly what will happen. If people carry on with hate they will be banned. It is not my integrity in question here as you put it, it is the people pushing hate on others. I noticed you happened to put into your post that you had been a “Professional trader for 25 years”! It did get me wondering why an already professional trader goes buying a new course. And what they then have to gain from taking the time to make a brand new babypips account and make a bunch slanders.

Johnathon

[Yumei]

Hi armyharahap,
maybe ou should check if your MT4 use New York close 5 day charts. ussualy, the brokers set the close time of candle and we can not change it. i live in GMT+7 also, and i have no difficult with AXITRADER. i took this trade with pending order, hit TP1 already.

wow, that pin bar completely different in my chart, yes, it has long tail rejected from 170 but finally it form a very thin body almost line and bear is inside. well I think it’s too late for me. couldn’t made a decision earlier with pending order.
is this anything to do with me in GMT+7?

[Forex_School_Online]

Just to give a different point of view.

I started forex trading last year in July using this method. Before then, I used indicators and just entered during crosses and w/e. I made tons of pips but lost them the next day due to no knowledge of trade management.

I started reading this thread and learned price action. I soon after got a membership on Fox website. I went 6 months profitable each month. Made all my money I lost back including the membership fee. I then made a mistake to go using indicators again and I lost all I made. I just started back doing Fox method strictly.

Reason I went to indicators again was because I got greedy. I thought I made money with Fox method but I could make more. I was wrong. Fox method worked well and I should not have gone elsewhere.

If you go to his forum, yes new people come and go. Same thing with this tread, same thing with other treads. Once people learn all they can, they stop posting on the forum and just trade themselves. You post on forums when you need help. Once you learn then you don’t have a reason to post right?

Fox method teaches you to trade the right way. Its simple as that. But discipline is one thing it can’t teach you and that is something you teach yourself. If I stuck to this method without switching I would have been so far ahead then now.

In terms of pips won and loss. Fox method takes high probability setups. So you always win more than you lose. So when you have a loss, your winnings cover that.

If you can’t give this method six months following all the rules then you won’t know how it works.

But keep in mind, trading depends on where live, your timezone, your lifestyle.
This daily trades works for me as I am in Canada so I can’t stay awake waiting for markets to open and close. I look at charts once a day and thats that.

Hopefully this helps

Exactly! :35:

Great post as I could not explain it better myself. Everything is laid out for you in step by step, but I or the senior traders can’t do it for you. Yes we are there every step of the way and will show trades and run exercises etc, but it is up to the individual traders to put in the chart time and have the discipline to do the right things as it would be with any business in the word. It is the same with trading price action; you need to have the discipline to keep following the rules time after time.

Johnathon

[pgtips]

Hope this can be put to bed, It is frustrating when these hostile campaigns start to run, its a free choice whether to follow a thread or become some paid member.

To Jonathon, credit where credit is due for giving up your time in the first place.

Personally I believe PA is the way to go, haven’t signed up yet because I’m still not convinced I can make a living in FX.

I’d like to but I’m not convinced its possible yet.

But Mr Fox please don’t let these people derail you.