XXX Confluence Scalping Method - MT4/MT5 resources
My name is Caleb S. and I have been a profitable trader for the past 8 months thanks to Jacko, the James16 team, Billy Ray Valentine and Roland Campbell, who I found on ForexFactory. I am so grateful for this forum and over the past 8 months I have gone from being a losing trader to over 40% of my account winning with the guidance of the professional traders I have met here. It can be done, and I've done it. For your education and benefit, I decided to share some of my charts in real time as trades occur on the market.
Advice for new traders who want to make money:
- Avoid indicators. They distract you, can destroy you and your account, and take too much time to take action.
- Trade the four-hour chart as your base chart. That's what money is about.
-Look for obvious settings. The more eyes there are at the same level, the more likely it is to respond.
-Price action is king. Read the first 40 pages or so of James16's thread and/or spend more than a few months on his private forum.
- Know where your stops and limits are in the markets you trade. This is why prices move.
I will post my charts live, but I will not post my entries and exits here. Sorry, not everything in life is free. You have to work hard to learn these things, and in the long run I'm not doing you a favor if I give you everything. (Who was John Galt?) Plus, there are legal ramifications…
Are you ready? Let's learn to trade and make money.
Advice for new traders who want to make money:
- Avoid indicators. They distract you, can destroy you and your account, and take too much time to take action.
- Trade the four-hour chart as your base chart. That's what money is about.
-Look for obvious settings. The more eyes there are at the same level, the more likely it is to respond.
-Price action is king. Read the first 40 pages or so of James16's thread and/or spend more than a few months on his private forum.
- Know where your stops and limits are in the markets you trade. This is why prices move.
I will post my charts live, but I will not post my entries and exits here. Sorry, not everything in life is free. You have to work hard to learn these things, and in the long run I'm not doing you a favor if I give you everything. (Who was John Galt?) Plus, there are legal ramifications…
Are you ready? Let's learn to trade and make money.
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