This seems like a very interesting idea. I don’t know if I have the discipline to follow it, but will surely give it a try. It would be like a dream come true, no more analysis, indicators, etc. Almost sounds too good to be true. I guess the clue is that is not for everyone. We’ll see, then.
Boy was it dead last week, I really thought I’d get to my $400, but nothing it was dead for me, so a bit more in the pot I think, I’m giving myself a pat in the back for staying out!
But what I really need is £10k or so, so if anyone’s interested
Septem, how did you get on? It would be great to get more opinions on the system.
Wondering if anyone has used this strategy on oanda’s iPad trading app, or any of their mobile apps for that matter? I’m having trouble setting up my charts the way ppf has explained. Seems like a sound strat with lots of positive feedback. Looking forward to testing it out soon. Thanks…
You got no chance on anything other than a decent internet connection and a proper screen, and a 100% clear head when you’re trading, it is what it is, if you can do it, it’s a great way to trade, you don’t have to think analyse or figure anything out, you just have to have mega concentration while you are trading.
As you have seen I’ve described the system in it’s entirety in this thread, I do have a simulation product on my site to practice the strategy, but as I said, you can try the strategy out 100% free with an Oanda demo account, then if you think the strategy is for you, you know the best place to go and learn it!
Thank you for the prompt reply ppf. I definitely understand that this strategy deals more with the individual trader, his/her psychology and the discipline to follow your rules day in and day out. I think I’ll demo it and go from there. Thanks again and have a great day…
Curious to know how this strat has been working for you?
Pipslap 1223
My gain average was more than my loss average with Cat and Mouse. I changed to the 3 duck strategy for a better gain average. Cat and Mouse is very intense. 3 ducks is less intense.
Wow, cool, I must admit Kalie66 is a client of mine and it is working for her as it is for many others, but grab_pips, I don’t know if you are or not, but I’m really pleased to see another trader having success with it, and yes I absolutely agree with you 100%, you need to have 100% focus and 100% clear head, but it does work and in the absence of any market knowledge whatsoever you can make a profit from forex with it.
It is working for me, you do have to concentrate hard, I am looking at other strategies, what other strategies do you use?
But in the meantime as ppf says if you don’t understand the market you can still make a profit so in the meantime I’m sticking with this and making modest amounts of profit so I guess I’m in the 5% !!
Kalie66, While doing the cat & mouse you could use the 3 duck system and learn the set and forget method within the 3 duck system. It is a method that I really enjoy. 301 Moved Permanently
Cats, mice, ducks! I’ll have to get myself a smallholding.
I’ve had a look at that 3 ducks, but I didn’t fancy it, but I’ll take a second look, Thanks.
Any others worth a look?
So u went up from 1k to 10K in 1 year, so this year ull be up from 10 to 100K and on 3rd year from 100k to 1MIL nice man u made it in forex
Look, I understand you’re being sarcastic, you’ve seen the compounding table on my site and thought yeah bollocks!
But look a little deeper and you will find a little gem.
Point 1. Ok I haven’t done that with it, but who says it isn’t possible?
Point 2. The table illustrates the power of compounding.
Point 3. When you get to the levels of capital you require you tend to trade less and enjoy the fruits of your labour, knowing there’s plenty more where that came from.
Point 4. It is a great starting strategy for newbies, you can be making profits from forex without knowing much at all about markets.
Point 5. It is profitable, and if you are not profitable you really can’t knock it.
Point 6. Some of my clients are profitable with it, as well as traders that I have only come across on this thread, and I expect many more that I will never know about.
Point 7. You can pay a heck of a lot more than what I charge, and you don’t get the simulator.
Point 8. The simulator works, I know it works because I developed it for myself, it worked for me so I ‘shared’ it.
Point 9. Ok it’s not for everyone you need to concentrate pretty hard for an hour, but for those it is it’s money in the bank.
Point 10. If you find it’s not for you, you’ve given one good system a damn good chance for an amount of money you can easily squander in weekend.
Sorry i was not sarcastic i realy thought u made such money i even dont understand ur system because im new in forex are u just using candlestics? thats it?
Ha, I thought you were quite witty actually, that’s fine, you need some wit and humour with this trading lark.
But yes, just the one candle for each pair, very simple, you do have to concentrate pretty hard with it when your trading, but it’s pretty easy to understand what to do.
Hello PPF,
thanks for sharing so much with us!
I have one question here: Will it make a difference that CHF is now tied to EUR?
Not as such, different market conditions will always provide more and less opportunities as with any system, what you are waiting for is certain type of market behaviour, sometimes it turns up more often, sometimes less.
Thx for your quick answer!
Another profitable month, I do fancy getting another strategy under my belt for the times that I can’t trade this, still not sure what, still I’ve got some nice compounding going on.
I’m not sure I understand what the non-traded pairs will be doing at the time of the trade. Could you please explain.
Thanks.