Sorry Major, this is for the OP.
THANKS
Hi HFW
I think for any member / FX trader to try and follow what we get up to on this thread everyday - It would be good to read the first few pages of this thread - back in November 2013 and then check out my other 2 main threads
http://www.trade2win.com/boards/tra...ding-forex-market-make-consistent-profit.html
http://www.trade2win.com/boards/tec...linear-regression-indicator-over-8-years.html
I will say it will take a few hours of reading to check out my methodology etc - but then hopefully after a bit it will all make sense
If you want to follow this thread every day - you are welcome and i would suggest you set up a 1 min chart with my LR settings ( all platforms are different so you might have to fine tune them ) and also the 2 main time windows every hour along with the 6 key times I take potential new intraday trades.
Initially follow only just one or 2 pairs - every day I will trade the EU and GU - but then my favourite is the EJ - but maybe not advisable for a start until you get more into what I do.
Then when I mention a time - by looking at the chart you should be seeing what I am seeing and will understand if all the quick LRs are under price I am buying and opposite if all over price.
I only take myself normally 10 -20 trades a day and leave many on with 30% stake sizes with stops in profit.
Major Magnum who learned my method over 6 -8 months last year as now advanced to taking 25 -40 intraday trades a session- and is becoming very skilled at it - showing that it is all possible.
I do not recommend any raw rookie with less than 3 months basic FX understanding to follow me - the ideal trader is one who has been trading for over a year or 18 months - with both demo and live experience and understands already many of the main trading ideas - from Elliot's wave to Gann - to even Ichimoku and basic Harmonics etc - so at least you have an idea of market movements and ideas
I then just take it into another very advanced level - that is hardly simple - it fact fairly complex - but then easy after say 3 -6 months of understanding it and how it can be applied etc.
You cannot buy experience - it really does take time and effort - but i would say any reasonable sensible disciplined trader past the basics stage can within another year to 18 months get to a reasonable level - for all I know Major Magnum - my only true student who's gone the whole way - might be exceptionally talented for this game skill - - I have done coming up to 18k live trades over many years - and he has only done maybe now 2k live now - but he's already outperforming me on many sessions - in fact I am going to cover 2 of his trading days on another thread as I am so impressed by his performance
Hope that helps HFW - and any questions in between - feel free to ask
All the best
Regards
F