PhilSimm said:Check out what happened just before Christmas on the EUR/CHF. OTE into the breakdown swing of the previous high ( possibly a mitigation block, won't know until MM5 ). Someone was preparing for a gigantic pay day.
sqa said:The COT Data is pretty clear: Large Institutions (and, sub-section, Dealer Intermediaries) *doubled* their Longs on the Swiss Franc (so that would be a Short on EUR-CHF & USD-CHF) that week. That was all institutional buying. It might be been pure hedging, but the folks that focus on Fundamentals only should have figured out that the Peg wouldn't last forever.
I just don't think anyone expected the SNB to be so stupid about it.
Golden Bull said:Seems like every time Mike manages to win a trade you guys get a video production.. good practice 8)
Golden Bull said:Seems like every time Mike manages to win a trade you guys get a video production.. good practice 8)
marzullo63 said:He doesn't share too much the losses though and I find counter productive for his students.
ovidiux said:He doesn't share the bad setups that seem good for the noobs like me who follow his teachings. For me that is counter productive..
I wish he'd make more videos on how he's preparing the entry and managing the trade, that would help me more. Occasion in the past, I see them myself.
In other words, I think would help more the videos made before the fact with his reasoning on the exact trades he took (not examples), even if released after TP.
Decoherence said:I wouldn't post mine even if I had made a few mil. Could be a safety issue and attract internet stalkers...
ovidiux said:He needs to prove something to someone so he will show us in the end maybe. I also want to see the history of that account.
the golden gun said:I don't think we'll ever get a live myfxbook account with public trade history from that guy...
Golden Bull said:That does make sense. Specially with all the vids and the low profile he's keeping.. ;D ;D ;D
Decoherence said:Had the same thought right after posting that .. ;D
Starting to notice quite a few disgruntled customers around here..
Jack said:..(Not defending ICT, but..) The thing is.. you can give the most basic strategy to two different people and get very different results. The results over a sample of traders diverge even more so as the complexity of the system increases. This relates to different personalities, styles, risk tolerances, etc...
That, plus I never really felt ICT teaches a "system" so much as an analysis method and tools. It's up to the trader to put them together in the right order and build out the setups they want to focus on...
Peterma said:The only reason for being disgruntled is that they don't realize it's a capitalist market.
You only owe money to those from whom you have purchased something, if it's for free the FO
If it's for free, then use it, if it is useless then bin it. If you find value in it then you may say thanks, if zero value then forget it.
If you feel disgruntled, then you are not in a capitalist market, the only place to go is ...... damn, was going to say Cuba.