I had to re-read your post and edit this. Right, USD is quite active. I have no issue trading aud or yen during London/US session.
Hello
I would like to show you what ācauseā that āBig Spike Moveā during the NEWS recently seen on EURUSD, GBPUSD and different currency pairs.
Take a look on the daily āfutures volumeā. Climatic volume before actual moveā¦
Regards
Pete policeās his threads very well and is extremely protective of his online presence and I have no doubt that this post will be deleted as some point.
Anyone considering to give up their time and follow Pete should read the transcript below. It is a conversation I had with Pete on his youtube channel, āThis is how to trade profitably. (47) ā video. At the end, Pete promptly closed all comments but not before I had copied it all.
In summary, all I have ever asked is that he provide some form of evidence that he is a successful trader. The conversation below will fill you in on the restā¦
erinsunc
3 hours ago (edited)
If your are currently in this trade why donāt you show it instead of showing all your charting on a demo account. Unless you are not actually in a trade and just feeding us BS why else would you not show that you are in the trade? In fact, of all the videos you have posted I donāt think I have ever seen you actually in a trade. Raises suspicion Pete.
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petefaders
2 hours ago
I called this trade live in my webinar session with my subscribers. Join my chat group and talk to them. My skype is Petefader. Obviously I donāt want to share my account information. Good enough for you?
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erinsunc
2 hours ago
Calling a trade and actually showing that you have entered it two very different things. You have been trading MT4 for years now and yet, to my knowledge, you have never provided a substantial trading log. There are plenty of online options available for you to publish a live trading log with the ability to mask what ever sensitive information you wish. Even a youtube clip showing your trading log masking lot size and profit/losses would be something. At the end of the day, is it really too much to ask for proof that you can trade rather than just explain what happened in hindsight as so many scammers out there like to do.
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petefaders
2 hours ago
Talk to people that trade with me live. If thatās not good enough for you, oh well. As we speak Iām taking profit on another A/U short. Come talk to people that are in the trade with me or move along.
erinsunc
1 hour ago (edited)
So I ask you politely why you donāt publish a trading log/journal and you only response is to say āMove Alongā ? Not good. I have no desire to join your for group again (yes, I have been there, done that) because the reason I left seems to be the same reason why I donāt come back. You have never provided any proof that you can consistently successfully trade.
I have been in this game way too long to be impressed by a one successful trade itās your last 50 trade I would like to judge you on and considering that you have been going for at least 4 years there should be much more than 50 trades to look at.
In terms of % of account, what has been your performance over the last 6 months. Retrun/Loss, Drawdown. Get where I am coming from ?
lād give you an Oscar all day long for your presentation and understanding of what has happened in the past but I really do not understand what the problem is with you providing a trading log/journal for us all to see.
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petefaders
1 hour ago (edited)
Since I present myself as a teacher, what really matters is if my students are profitable. Iām not here asking to manage peoples money or bragging about what I make. Iām teaching. When my students make consistent money, I am justified. Period.
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erinsunc
41 minutes ago (edited)
You disrespect teachers. In the real world, teachers have to prove their ability. You,obviously, believe that you do not have to.
I have no interest in what your students do as they are not the ones offering their services for cash. Besides, I have been there, done that and didnāt make money. You know, it was never my intention to disrespect you but by refusing to provide a reasonable explanation as to why you are unwilling to provide a trading log doesnāt help the cause.
Pete, You now have an golden opportunity to make an ass of me and shut me for good. Log back into into your myfxbook account and upload your live account (never really understood why you stopped using it). Lock down anything that you donāt want us to see as in lot size, cash return etc and let us see that you can trade. You donāt have to work out Drawdown, Monthly Return or anything like that as myfxbook will do it for you.
Show me and anyone else reading this log that you can make profits and can keep hold of them. Show us that you are in the top 5% of traders that are successful.
Pete, you have nothing to lose and a lot to gain !!
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petefaders
10 minutes ago (edited)
Iām not going to post any information about my trading account online. Since Iām teaching, itās the results that students have that matters and the trade setups in the room that I call. There are people making money trading what I taught them in my babypips thread and on Skype. I guess they are all lying. I have nothing else to say about this. Good luck with your trading.
erinsunc
Again, the proxy performance of what your students (I think subscribers is probably a better word) achieve is not what I am interested in.
You know Pete, I never questioned your ability to trade but considering you are so adamantly against providing any real evidence that you can, must surely bring that ability into question. I have now come to a regrettable conclusion.
What really annoys me is not that you generate revenue from people naively topping up your Paypal account but that you take peoples time on one hand while giving them hope on the other.
In light of any real evidence, you must be a scammer and a fraud. The fact that you deleted this conversation from other videos you have posted just throws gas onto a very established fire !!![B][/B]
Your initial question to Pete wasnāt really a polite question, more like an attack or dare. You called his teaching BS and then called into doubt all his videos.
You then claim it all raises suspicions.
1 post on babypips.com and it shows thatā¦
I am surprised he even responded.
Your post should be deleted.
FYI, VSA trading is a proven method around long before Pete was here.
I think you need a hobby or something man. I have no power to delete posts in this thread, so wrong again.
I donāt mind that you posted that here. I stand by what I said. Same offer goes to anyone reading this. They can ask my subscribers about my track record of LIVE CALLS. Now Iām blocking you from the thread.
BTW, showing an equity curve slanting up with my name next to it doesnāt prove anything. That can be faked. Live calls can not. I bet if I just posted that people would sayā¦nah I donāt believe him unless he makes live calls LOL. So really, whatever.
Whatās funny is, when people pop up that are convinced Iām full of ****, they NEVER take me up on my offer to talk to my subscribers. They are not looking for the truth but , they just want to back up what they already believe. Theyāve probably been scammed in the past so I become a target. I dunno, thatās my guess. Maybe Iāll showing an equity curve with my name next to it, but I donāt think that would stop them anyway or prove anything.
I have been ālurkerā on this thread for a long time now and have read through almost all of the posts from the old and new. I am surprised with the amount of people that feel the need to lash out over there personal losses. I think that pete has more than shown that he is a great trader with lots of knowledge to share. Its one thing to trade behind closed doors but to be able to call trades live and help others profit alone should show he has been successful.
I think
Besides, I have been there, done that and didnāt make money.
sums up why he says the things he does. Maybe VSA/Peteās System is not for everyone but than just move onto the next like every other sheep does.
Pete, I used to fight that battle to. But then I gave in and linked a demo account to all the trades that I call to my subscribers.
For me I was never comfortable putting my own account up. But for a demo that tracks it all the same, I was fine with.
Instantly shuts down any naysayer.
Why you so mad bro? Not profitable? Canāt trade worth a ****? Life got you down? Take a deep breath.
Dude, I am living proof Peteās method and VSA do work. Read. Do your homework. Once you understand how the markets work, there is no going back. THIS is reality.
That said, what does it matter what Peteās account looks like? No offense to Pete, but if all he can do is teach how to trade, and canāt do it himself, I could give two squirts of piss. That doesnāt change the fact that Peteās method AND VSA work, and work consistently.
You sound like someone who just blew ANOTHER trading account. That is your fault alone. Take your negativity elsewhere.
Iād say good luck to you, but you wouldnāt know what to do with it if you had it!
-Profitable Trader
PS - I am thinking of opening an account on ZuluTrade so that others can see what profitable trading decisions look like. Maybe Pete should join too and embarrass me lol :18:
[QUOTE=Er1nsunc;690416]Pete policeās his threads very well and is extremely protective of his online presence and I have no doubt that this post will be deleted as some point.
He wont do any of this as heās full of BS as is his foul mouthed mate pipdaddy777 who rants off about god knows what. who cares if you ban us we just come back. Policing a thread is all well and good if you donāt mind living in a police state, isnāt that what you call a dictatorship where nobodyās allowed to express an opinion.
Do you guys realise that nobody owns you nothing? Like do you understand this? No one is obligated to own you or prove you nothing.
If you think this method is bull****, cool. Then itās not logical to spend energy and time here, so why come back?
For me, I started with this method at the beginning of March, at the moment Iām up with 6,5% growth even though I made huge and very stupid newbie mistakes, and because of school I did not trade at the best hours. Before this, my best result was to keep my account at breakeven.
There is no holy grail in forex, but in my opinion this is the closest thing to it. If you guys donāt want to participate, no worries.
I suggest to everybody that leave them be, because they are just here to leech off value. You canāt win this game, because they are just here to argue.
Jesus we are going through this again. I am a student of petes studied his methods ,recently signed up for the live sessions cost me Ā£100 Gbp a month Ā£25 a week not going to break the bank is it ?and they are lessons not just trade calls. If your smart take notes and learn learn learn your not going to need them forever. Any doubters go over to Skype itās free and learn from the other 150 members who are all at different levels of learning.
I think everyone starting fx would just love it if there was just one fx guru with complete transparency who showed their account on fxbook etc. It costs nothing and requires almost no effort. The confidence it would give a student trying to select one from so many gurus, courses, signal services competing for their money would be almost irreplaceable. And anyone looking for students who can verify results would have a vary rare point of difference over the rest of the fx businesses. Many have tried and almost all have crashed and we never hear of them again. This is either because they are out right scams and can bluff with wide stops etc long enough to make a quick buck, or they think they can trade but discover they canāt when results are recorded, or the pressure is too much and they choke.
But does a teacher refusing to show his account mean he is a scam? No. There are many reasons not to reveal results and if youāve got the students without it why bother?
For the student the alternative is do the research on whatever info is available and pay the price for the course and see if it works and suits. Peter has provided an extensive amount of free info so there is plenty available to make up your mind without committing your money. Read the thread from start to finish. Watch the videos. If you want take up Petes offer and speak to his former students. Not as easy as a fxbook account, but maybe the extra effort and commitment helps sort those who really want to succeed from those who donāt?
People donāt realize Myfxbook can be easily manipulated to look great and screen shots can easily be faked. I naturally am skeptical of claims of anything i cant prove myself online including online reviews, easy just to write them yourself under an alias. Thats why i studied petes free videos on youtube learn the basics and go to the charts and see it happen in real time every day, the charts dont lie. Anyway i made the decision to sign up with pete for 100 pounds a month 25 a week. Not even the price of a losing trade. I made that decision by myself wasnt forced or conned into it, and am a happy customer. If you dont like it go and learn a different strategy theres plenty of ways to skin a cat.
Since the bandwagon has begun, heck, Iāll throw my two cents worth.
Peteās really a carrier of the VSA tradition. So, if you have any qualms with himā¦blame his predecessors.
Now I digress. Pete teaches Volume Spread Analysis to a tee. Every loss I make within the market can be looked back retrospectively with a reason as to why the trade had foldedā¦I take full responsibility and, in actual fact, it inspires me to
keep tradingā¦fuels my fire, so to speak. If you have a genuine passion for tradingā¦(push through) 
the taxing moments, have the testicular fortitude to take a loss gracefully.
I, for some reason, have never been skeptical about VSA and Peteās tradingā¦If he wasnāt genuinely pleased to help othersā¦his efforts would not be of this calibre. Instead, I truly believe he would have given up on teaching this method by now. To say Peteās method is dubious, is to doubt Richard Wyckoffā¦one of the sharpest minds in the game, not to mention a method dating nearly a century. This in conjunction with VSA speaks price action like no-other. To cap this offā¦I will continue to study VSA as I have for a long while now and hone in on my tradingā¦treating a loss with as much grace as a win.
- Romancandles
[QUOTE=āwestpest;690536ā]People donāt realize Myfxbook can be easily manipulated to look great and screen shots can easily be faked. I naturally am skeptical of claims of anything i cant prove myself online including online reviews, easy just to write them yourself under an alias. Thats why i studied petes free videos on youtube learn the basics and go to the charts and see it happen in real time every day, the charts dont lie. Anyway i made the decision to sign up with pete for 100 pounds a month 25 a week. Not even the price of a losing trade. I made that decision by myself wasnt forced or conned into it, and am a happy customer. If you dont like it go and learn a different strategy theres plenty of ways to skin a cat.[/QUOTE]
I would love to hear how myfxbook can actually be faked. I donāt believe itās possible at all.
Myfxbook can be easily manipulated. Otherwise why not follow one of the systems that claims 100000 percent profit?
What did you say? Itās hard to hear you behind this big stack of money.
You saying that this doesnāt work is like a person telling another person they still have cancer, even after the doctor cured it. It makes no sense. The patient has been cured but somehow you still think youāre smarter than the doctor and the patient, and insist that theyāre both wrong, despite the evidence at hand.
The problem is, I HAVE been cured. I do use VSA and I do make money, so itās very hard for me to believe that Iām wrong.
I donāt care whether Pete makes money or not, because I do. I can make some pretty logical assumptions that because he taught me a lot of what I know, heās most likely making money. Does that logic make sense to you, or is it like trading and itās too hard for you to understand? BAZINGA!
Part of me wishes Pete would do FXBook or another one of those types of sites. Not to prove himself though; he has already done that. Just to shut you and your losing friends up for good.
Also, all the videos I have made about trading the DOW were forward looking predictions of imminent long moves on the DOW. What happened after my videos on the DOW? By golly the market shot right up! Weird, isnāt it?? If Iām not mistaken, they were 1000+ point moves (thatās points, not ticks). I must be the luckiest man on earth making guesses like those! Or am Iā¦
Weāre not making this stuff up. As another poster pointed out, this method is a hundred years old. Supply and demand is how EVERY single market on earth works. From a lemonade stand, to real estate, to FX. If you donāt believe this, pick up an econ 101 book - if you need help understanding that - the world needs plenty of ditch diggers; go grab a shovel.
Get on the wagon or piss off. Stop blaming others for your lack of ability. Dedicate yourself, or do something else with your life and your time.
Love,
Cured Patient / Profitable Trader
I have never been a follower of that site so Iād love to hear from Master Gunner, your or others to see if its legit or if it can be faked. I am willing to take the challenge and enroll. The only issue is that I donāt trade full time, so Iām not going to have trades every day, and sometimes not every week. So, people will have to be patient. But, over time, Iāll show you winning trades outweighing losing trades, and profit.