I can guarantee it’s more real than the photoshopped picture on your avatar.
Lets do it this way, if you don’t like what I am talk about or discussing then please move on. Last time I checked there were about 10,000 different trading threads on babypips. If you want to quietly creep here that is fine. If you find value in what I’m discussion and want to contribute that would be fine also.
I have been in the world of Forex for a little over half a year now. I traded in the world of options for a while, and spent time studying chart patterns. It was actually randomly running across Nial Fullers website that convinced me to try it out. It didn’t take me long to learn PA candlestick, and since I was already trading S/R and patterns, it was a nice compliment to how I traded. As they say, the rest is history.
Well my people have spoken, lets get back to learning! haha. I don’t mind skepticism, but I am going to make sure these threads stick to learning price action trading and understanding trade setups.
I’ve pretty much said everything I can say about myself without getting in the color of my boxers. So if there are anymore questions then PM me about it so we can keep this thread clean and focused on learning.
That’s Tony Hart you are talking about. The man’s a national institution.
Here’s my issue:
9999/10 000 of these threads are ‘price action’ and there are plenty of people with more experience then you teaching them
You have been trading for 6 months only
You learned your trade from Nial Fuller who is well known as an internet marketer and not a trader
You have no more proof than a excel chart of your trading record (a little more than the door to door salesman Mastergunner except he couldn’t be bothered to use the chart wizard function)
You don’t have the competence to teach given these facts. Put it another way: It’s not wise for people to be taught an engineer with 6 months on the job with no track record of success. Annnnd it’s not a good idea for you to teach with 6 months experience in forex either. Take some responsibility, get more experience, get a decent track record before you teach. You won’t have to deal with irritating people like me when that happens. People’s hard earned money is at stake here. Just look at Medisofts account after following Mastergunner’s price action thread.
You don’t have the competence to teach given these facts. Put it another way: It’s not wise for people to be taught an engineer with 6 months on the job with no track record of success. Annnnd it’s not a good idea for you to teach with 6 months experience in forex either. Take some responsibility, get more experience, get a decent track record before you teach. You won’t have to deal with irritating people like me when that happens. People’s hard earned money is at stake here. Just look at Medisofts account after following Mastergunner’s price action thread.[/QUOTE]
Hahahahahahaha… Talking of experience ooh yeah? I can show you a man who leaves down my street, he has been a trader for 6yrs but still blows his account… Lol
You won’t trust my honesty regarding my equity curve, but you trust my honesty when I tell you how long I have been trading Forex? It’s obvious you are choosing to believe only those things that would help you attack me. I have been trading Forex for 6 months, but if you would have spent any amount of time to read my bio you would have known I had been in the stock market for over a decade. The principles of trading price and volume do not change, regardless of the asset you are trading. I started this thread as an alternative to door to door price action salesmen. I also sell nothing so please don’t insult the countless hours I spent writing articles, making learning videos and creating free place for price action Forex traders to gather.
I had already nicely asked for any personal question to be posted me to privately. If you want you can start a thread called “Reasons why I don’t like Krugmans thread” and post your garbage there, but leave it out of my thread. Any futures posts like the one posted above will be reported.
The reason I answered your questions to begin with was you were at least respectful about it. So I am disappointed to see this post. This thread wasn’t created for your opinions about price action trading or my credentials for teaching how I trade. There have been plenty of warnings here already and the posts have been promptly reported.
The reason I answered your questions to begin with was you were at least respectful about it. So I am disappointed to see this post. This thread wasn’t created for your opinions about price action trading or my credentials for teaching how I trade. There have been plenty of warnings here already and the posts have been promptly reported.[/QUOTE]
What about the posts do you find offensive? Skepticism? Valid questions and points? What exactly… besides them not being in line with your opinion?
I respect someone who can argue his point… Not someone who tries suppressing criticism or skepticism without response.
The thread is temporarily locked for moderation. If you don’t see your post or it has been edited, it means that it has been moderated. Try to stay on topic and treat others as you want to be treated. Warnings/Infractions/Bans will be given to those who continually derail the thread.
Hi, my name is Nikita and I’m a dad, husband, son, brother, IT specialist, fx loser. Looking for one place and one system to lock on to to improve my trading and to keep it away from affecting my personal and professional life - find a good balance. Thnx for this thread, looking forward to good discussions
It looks like we are back in business folks, and I am glad because I was bombarded with messages asking me when this was going to open back up. I am glad there are so many traders out their looking for good quality price action teachings.
There is no better way to kick this off than to start with some price action setups to look at. Here on the GBPNZD we have a textbook trend that has formed. Looking at the market struct is the very first thing I do. This gives me an idea of what direction to trade for the best edge and helps me understand the risk dynamic of a trade setup that may form. The next thing I do is identify key S/R. Here in the beginners thread we won’t be using EMAs so please ignore it, but I have marked some very key S/R levels. Now that we know we are in a textbook downtrend and we have marked our key S/R levels. The next step is to wait for price to pull back to the bottom S/R and form a price action signal.
The S/R levels tell us “where” we will enter a trade and the price action candlestick tell us “when” we will enter a trade. Trading using price action is truely as simple as that. I go through this same process with every pair. Here in this thread we will be allowed to trade as low as 4 hour charts. Sometimes the lower charts will get you in the trade earlier and at a better price. This will help increase your overall RR of the trade. Realize though that as you go down in time frame the riskier the trade becomes.
Hey kitnik, I am glad to have you here, welcome to the community. What do you do in the IT field? Price action is fairly easy to learn, but can take a while to really master. Unlike purchasing or learning some rule based system, you will have to put some work into learning how to read the price story and the dynamics of a trade. On the same note if you are looking for a way to improve your trading, you have come to the right place. This thread will keep to the basic principles of price action, keep it as rule based as possible which will help those new to price action quickly assimilate it.
I don’t know one trader that started his journey completely successful. The only difference is some are able to go from losing to winning much quicker than others.
That’s the beauty of trading price action. You wait until after the rejection candles have already formed. This way you aren’t trading purely on speculation but are simply reacting to the rejection of a key level the market is already showing. If you are trading price action correctly, and price does what you think and breaks back up through the level with ease, then it should be no loss to the trader as there were no signal to trade.
[QUOTE=“krugman25;552004”] Hey kitnik, I am glad to have you here, welcome to the community. What do you do in the IT field? Price action is fairly easy to learn, but can take a while to really master. Unlike purchasing or learning some rule based system, you will have to put some work into learning how to read the price story and the dynamics of a trade. On the same note if you are looking for a way to improve your trading, you have come to the right place. This thread will keep to the basic principles of price action, keep it as rule based as possible which will help those new to price action quickly assimilate it. I don’t know one trader that started his journey completely successful. The only difference is some are able to go from losing to winning much quicker than others.[/QUOTE]
I support big and complex trading system in one of the major banks. No coding for living though, just for fun maybe. Started FX 6 months ago and blew my acct on USDJPY. Find myself in analysis paralysis now, so the “system” I mention is everything that comes into consistent winning, including psychology, MM and planning I’m very greedy in terms of knowledge, so you could imagine a number of books, threads, forums and articles I went through. I see PA as a good method that fits my style and my plan is now to focus on my trading discipline. Stick to one thing and master it. Hope I could contribute some good set ups here.