Thanks gbl83! Access to the forum would be helpful. There I’m guessing you can get verification on whether you’re spotting setups correctly or not from the more seasoned traders.
One question though, is Nial himself active in the forum as well? Because if he is, then it’s definitely worth the money if it means getting “mentoring” from Nial himself.
I am also a paid member of Nial’s, I agree that the forum is a great learning tool, I really like having the course access too, it’s a guide that I use a lot to refresh myself about how to properly trade price action.
I emailed Nial about the videos recently and he is currently recording more for the member’s area I guess, he just posted a new one recently. I think it’s all worth it.
Here is an example of a perfect looking fakey setup, I took this setup and am already out with a net of 100 pips, risked 50. This is why I trade with price action setups from Nial Fuller; he emphasized waiting for the ones that are super obvious, like this one. I find people want to trade way too much when the most efficient and effective way to improve your trading accuracy and build your account is through being patient enough to wait for the best formed setups.
I disagree, fibs are ok but pivots and “murry math”?? That’s just overly complicated confusing jargon that is unnecessary, I will never understand why traders want to study anything but price action and levels, everything else is second-hand information.
I agree with you mate “Murry Math” is a secondary indicator. As you know price action moves in waves in all time frames but when you get a confluence of reason in one zone the greater odds for the trade going your way. The core of my system is Elliott-Wolfe waves but S/R,Fibs,Pivots,Gann-Murry Math gives me accuracy for my entires to reduce risk as much as possible. It just boils down to your brain and how much information you can process at once.
I think everyone should read the following article. I hope the moderators here will allow this link, it is a link to a free article that I just read that has literally turned on a light bulb in my brain regarding my trading:
That was a tough one, looks like it didn’t work out. Good setup, it just didn’t work out, some of them don’t work out, event he good-looking ones at strong levels, it’s just part of the game, which is why you have to manage risk effectively every single trade.
Could somebody please recommend a good free software for drawing chart setups. i am currently using meta trader 4 but finding this is not brilliant for manipulating drawing tools and trading from charts