hi - i have been watchin this thread for a bit and would like to say good work purple patch… i am interested in this method as i am a newbie to forex as such and it’s nice to know that there is a method …(if you master it of course) that will allow you to earn whilst learning, without the over analyzing of techs and fundies…
purple patch i am on metatrader4 and looking to have a bash…but i’m having problems lining the four windows up neatly as per your sim and videos etc…i intend to sign up when i have had a absh and can see whats what…
any ideas on the best way to line up windows in MT4 …anyone?
I’ve checked the training module, but every time it’s doing the same routine in the exact same manner (the walkthrough). Is there a way to make it a bit more random in order to reflect the market conditions?
I apologise for all the questions, but I’m really interested in learning your method.
You can’t really do this with MT4, it doesn’t give you the execution method you get with Oanda.
The simulator does do random, that is the paid for service on the website, hey I’ve shared all the information you need for a fully fledged system, but I can’t be a total charity
And I have the greatest respect for babypips, so on the whole I’d rather not discuss the website too much on this thread, thanks.
Just one last question. Since I’m not quite familiar with Oanda’s interface, where can I find the fast Buy/Sell buttons, since fast execution of the trades is crucial
And is there a way to keep the chats setup after you log out. Every time I exit the platform and then get back in I have to make new charts and it can get a bit annoying.
I have been trading a very similar technique with Oanda for at least two and a half years with no problem. As far as I am aware, some brokers will allow you to and other not.
I would recommend that you contact your broker and find out:)
I hope this helps, especially for newbies, I have run through the thread picking the best posts, or mainly the answers to the best questions. I know how tedious it can be to get the gist of an interesting thread, and to pick the wheat from the chaff, but in between these posts there are also some very good discussions, but these are the key links to information on how to trade this strategy.
This looks like a good starter system and I see from the postings that there are a number of people trading this profitably, but I’m just wandering how long it takes to learn?
The concept of this system is easy to understand and to learn. The difficult part is to develop the disciplines to make this work. LIke the getting out part and the waiting for a good correlated move. Everyone is different as a result of life experience, conditioning, social upbringing and also your personality in regards to trading. If you don’t have patience and are looking for a lot of pips this is not for you.
To answer your question. This does take some time to learn, how long it would take, depends on you. I would suggest that you stay close to some sort of mentoring and advise. PPF is definitely recommended
There are ‘tips and tricks’, but to be honest nothing conclusive, you won’t get conclusive with forex, but with time effort and support there is stuff you can learn to help you with the strategy, but like you say, give it a go for a bit so at least you can see if it’s a strategy you want to pursue.
Wow, man-o-man!!! I’ve read every post until the one quoted above and I feel like my prayers to the Gods of Forex are answering me!
I’m new on this forum and in this business. I will be a full-time trader and I want to make the forex my living business. I start trading on a demo account just 3 weeks ago and I like to scalp mainly. When I’m scalping I feel like a sport car driver.
Just a dumb question, can I use your sistem on a metatrader4 platform?
Thanks!
I’l read on the rest of posts from the quoted one!!!
Hey PPT, thanks for all your efforts with this thread. I’ve read through it multiple times and I just subscribed to your web-site.
I’m in the middle of School of Pipsology and enjoying it very much and intend to finish and go to other sources of knowledge regarding forex.
Nevertheless it seems a person could learn your system and make money without knowing anything about Forex Market Analysis. Is this correct? Not that this would be my course of action, I’m always interested in the “sausage making” process of things.
Thanks again for your efforts, I’ll post my experience with the training module soon.
Great stuff, you really got the idea, you certainly can trade this strategy without knowing much at all about forex, the main thing it needs is just total concentration when trading.
I trade this when I can give it the concentration it needs, I trade another strategy as well, but this is a good strategy to have under your belt and can get you into profit while you study and evaluate the market, it’s complexities and other strategies that you may like.
I asked O. about scalping over 2 yrs ago and the woman said, “we love scalpers, the spread is how we earn our money.” She went on to say that they don’t like robos - someone or something that consistently closes a trade at say 2.6 pips, trade after trade. At that time you would get one warning, the 2nd time the acct. would be closed. They may have changed re. robos but I know they don’t mind scalpers else why would they have no TF over 1 Day but 30, 10, & 5 seconds? I have used them ever since and I want to demo this strategy but don’t know how to set up 4 prs on a single page. Oh well, more learning ahead! Lots of good stuff here, thanks all.
I’ve read through it multiple times and I just subscribed to your web-site.