100 Pips in Under 25 Minutes – Easy as ABCD! (Forex Trading)
You read that right… how to earn 100 pips (that’s 0 if you trade just 1 mini-lot) in just under 25 minutes! An overview of the ABCD pattern and how to use it together with Fibonacci retracements & extensions.
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Category: Automated Forex Trading
Actually… I *do* live on an island. Really nice nature here, though, not desert.
YouTube doesn’t allow posting of links, but go to our website, then to the Forum, and then to the Strategies section and you can download a PDF which shows you how to set up the MT4 Fibs step by step.
This is amazing. I’m so fascinated by the technicals. And yes, the ability to take financial control in your our hands is great. Got a lot to learn. Thanks so much for the video.
merci
Hi fxknight, you haven’t mentioned anything about stop loss. Where would you place your stop loss for this system? Thanks.
Hey BK – since they’re about to kill forex trading in the US, I think I will have to move to trade. Aren’t you in Germany? Is it very difficult for an American to relocate there? I’m also checking out Canada and Australia. Thank you.
ok guys its like this….no one has the best stratergy almost all statergies will work and at one point fail…always do your research..if some one gives you advice always test it and see how it works for you..i could give you a million and 1 stratergies but not all of them will be for you…learn the market first this comes with experience…just remember its easy to posts profits but not loses…..
Hey Black Knight,
I have been following your trading using your advice and starting to make consistent profits. I am not greedy, so, I stick to 200 pips per week. Because of my low profit target, I don’t over trade.
Thanks for your free videos.
A quick question:
What stochastic parameters do you suggest for a 15 min chart. I use 14,3,3. Is that OK?
ima beginner on a 1000 trade what is the value of 1 pip
very interesting. if you believe in that ABCD strategy, why dont you gamble all your money on forexy and triple your money?
Please visit our website (YouTube does not allow links in comments but it is on the video titles) and go to our free Trading Academy… there is a webinar there specifically on placing and trailing stops.
Keep in mind you don’t need to relocate… you just need an address and need to receive a bill or credit card statement there. Or an offshore company/trust.
I personally like a faster 5,3,3 setting – but I also confirm overall direction with a higher timeframe.
watch my channel for more video’s about daytrading and read reviews about different brokers.
forex is a scam business. the only ones winning 5% on it are the market seller, brokers and banks, for this reason i am out from this business held by devil. i am different markets now
You cannot believe how profitable trading Oil is, if you want to make a consistant $5,000 to $10,000 per month from your own computer, then Oil is the way to go. Come see what we’re all about by finding our website within our profile or Google Oil Trading Academy, join our Trading Room and or get our Signals sent to your cell phone, and see for yourself just how much money you’re going to make.
@timwharton44 depends
Correct me if I am wrong, but the price doesn’t actually retrace back to the 61.8 fib (i.e. you couldn’t have entered at 237.75 because it didn’t retrace back to that price)
If so this is an imaginary trade. A trade that I would have taken if I had been there or if it had actually reached the 61.8 fib retracement.
I believe I commented on this once before… first every example is from actual live trades, second your entry is NOT at C (C is for finding D, your target), your entry is usually some time AFTER C as you can only see it after it forms. On our website we have lots of free videos which detail exactly how to find, time out, and confirm those entries. Fibs are not (by themselves) a complete system, they are a tool for finding targets. A complete system takes a bit more than 10min to teach.
it is not possible to make money in forex. forget it. most of market sellers dont trade on live accounts, that is why they sell all the scraps to convince the honest people to buy it feeding a dream that would not happen, never. forex is a business supported by devil.
You probably have seen this before, but it really does work.
If you could start an investment of $6.00 and make $800,000 over the next
year would you do it?
Oprah Winfrey and ABC’s investigation team 20/20 also proved it.
so go to my profile and make a lot of money
Its not that its impossible, although I certainly understand why you would have that conclusion, but its nearly impossible to find the correct information on how to trade forex and consistently make a profit and you won’t find it on the internet. Pros don’t share their information and this clown is not a pro.
Does the system work on all markets?
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