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Post by forex123 on May 5, 2015 1:17:45 GMT -5
Hi Allen, could you please make a separate video on each type of set up that you use and give examples of live trades and the particulars of what to look for in looking for. I haven't found this yet on the forum and I bet people would find it useful.
I also want to know how you recommend on a scale these 7 set ups. ie. which is the one with highest probability of winning and which is the worse. I'm sure although there are 7, there are probably your 1, 2 or 3 favorites that usually perform better than others.
TIA
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Post by forex123 on May 8, 2015 1:09:42 GMT -5
any reply would be appreciated  |
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Post by swiftyfx on May 8, 2015 2:31:20 GMT -5
any reply would be appreciated Hi forex123, I think Allen said on the message board that he was planning on catching up on some questions soon: " traderAllen: I am a little behind in answering questions , but I'll get to them". Hope that helps. |
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Post by forex123 on May 9, 2015 13:59:51 GMT -5
yes i just saw that, thanks for letting me know, cheers
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Post by traderAllen on May 11, 2015 7:38:33 GMT -5
It would take a lot of time to make a video focusing on each set up, since I'm a trader and not into Marketeer videos is something I'm not very good at. Except for the ones that are filming live most of them I have to redo over and over sometimes as many as 10 times articulated the point well enough.
As far as the seven setups and which ones are better than others, I pointed this out before the importance of your journal. You should have a column in your journal like I do when you document what set up each trade was. This way as the month progresses you can easily glance back to you Journal and notice which trades are working well and which ones are not. The better performance setups change with market conditions making note of heaven your journal is the fastest way to identify when conditions may be changing. For example typically in the summer months in the past the markets tend to range a lot. This makes RB and IRB perform well. Whereas when the market is more volatile second breaks tend to be the better choice along with block breaks. Constantly recording these new journal is the only way you'll know. And believe me this helps, many times I have look back at my last week's Journal and said to myself every first break has failed in the last two weeks but my range breaks have all worked out I'll focus on range break this week.
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