Hello Ladies and Gents,
Let me ask you this, which fisherman would have better chance or have consistent success in respect to fishing on highly turbulent ocean/sea? (A) Reactive fisherman; fisherman who thinks he can react to changes to weather patterns every time and depends on pure luck when casting his net into the sea. Or (B) Smart fisherman; fisherman who checheks daily and weekly weather forecast befor going out into the sea, and then uses a fish scanner device to help him into casting his net on the right spot? Continue reading for my answer of this question…
Have something pretty special to share with you today, but befor we get into that let me give you some background first.
I have been trading forex for over 5 years including 2 years of full time dedication to this business since my graduation from uni. Unfortunately like the majority of FX traders I lost my money and the FX business is incredibly stressful especially when you losing money. But I was always a persistent person not a quitter, so I persisted until I get it right… I love thinking outside the box as well as examining and questioning stuff.
Anyhow the forex world is full of bul**** that needs to be detected and quetioned. Even stuff like ‘Trust You chart/Price Action’ or ‘Never Trade Against The trend’. How many times have you trusted your chart to only find out it actually lied to you? Price action lies and deceive us so why do the so called wise traders tell us to trust our charts.
Found out the hard way that relying on technical analysis of the market is a recipe for disaster. Check out this tread which explains the fallacy of pure technical analysis Technical Analysis Fallacy @ Forex Factory
It is when I started thinking outside the box, the opposite of what I was taught that I started making a real headway in developing my new amazing strategy. I use to think that the FX market is illogical, irrational, chaotic and uncontrollable beast. This is because I did a lot of technical analysis using many different technical strategies and that led me to believe that the fx market is absolutely irrational and all that… But now I think I’ve see the other side of the market that only very few successful FX traders see on a regular bases. And the answer is with the FUNDAMENTALS! Plus very limited technical chart analysis.
Having seen the FX market as well as some other markets from a different dimension I now believe the market is NOT totally irrational or uncontrollable illogical beast. In fact for trained eyes the market is as logical and predicative as the weather system. As we all know meteorologist forecast of the weather is not 100% correct all the time but, most of the time they get it right. Infact we can rely on good meteorologist forecast of the weather to plan in advance instead of to reacting frantically when **** start to go down. So back to my initial questions; which fisherman would have better chance or have consistent success in respect to fishing on highly turbulent ocean/sea? My answer is off course (B) The smart fisherman, the reason is obviously as I explained on above paragraph, the smart fisherman has an advantage on some valuable make or break information…
See FX trading as kind of virtual fishing, the market with its vast liquidity is the ocean/sea and the pips are the valuable fish we need to catch. Now if we can forecast the FX market just like the meteorologist forecast and predict the weather in advance then we will have huge advantage over everybody else on the technical side waiting to react to every move of the market…
I have deviced a very simple formula that is based on fundamental data releases of all 8 major currencies to forecast and predict a week in advance. The forecast includes highly reliable weekly signals that tells me which currency will be weak and which currency will be strong. In terms of precise entry and exit that too is covered to extent.
The formula/system is new but have done extensive back test and on each time to my surprise the system never failed to deliver to my expectation. Further more unlike technical patterns and cycles that change during time, this fundamental system is as eternal as the greed and fear of human nature that dictate the market are eternal and never changing.
Before developing this system and befor I had a paradigm shift I was a losing trader so on the process I lost some money that left me on some financial difficulties. After extensive work at the drawing board know I have some life change ideas and amazing new potentially huge money making formula/system that I would like to share with 10 or less lucky people.
I’m now looking for an employers that can give me chance to demonstrate my capabilities either directly trading for them or a partnership.
I will be posting weekly forecast signals with some entry and exit tips on every saturday or sunday for all major currencies as well as some commodities like Gold and OIL and some CFDs like US30, FTS100, SP500 as well… So stay tuned for those signals if you want to know more about this strategy.
Feel free to ask questions or to participate on this thread. But be warned to make sure not ask stupid questions. If you are not sure first PM me for posting any stupid comment on this thread. Do not post unrelated chit chat comments in here…
Peace, Love and All That!