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Hi Powertrader,
Can you please explain in a little more detail how you draw the LRC channel? Still looking for a clearer way to exit the trades and this channel seems to be the best way i've seen so far
Thanks!!!
Hi all, Im new 'ere.
erm, i wanna ask sumtin.
What point u usually use as target profit??
i used 161.8 b4.. but i dunno, mayb i put the fibo at a wrong point..
can any1 help me?? or post a fibo-auto plot or sumtin.
Lrc
Hi Powertrader,
Can you please explain in a little more detail how you draw the LRC channel? Still looking for a clearer way to exit the trades and this channel seems to be the best way i've seen so far
Thanks!!!You may go to the powertradingfx website and watch the video on using the LRC.
PT
Hello mates.
Could someone be so kind to post latest version of River setup with all indicators and manual how to use it?
Please people be so kind![](https://c.mql5.com/forextsd/smiles/embaressed_smile.png)
Thanks anyway mates![](https://c.mql5.com/forextsd/smiles/party.png)
Same set-up
Hello mates.
Could someone be so kind to post latest version of River setup with all indicators and manual how to use it?
Please people be so kind![](https://c.mql5.com/forextsd/smiles/embaressed_smile.png)
Thanks anyway matesStace,
To my knowledge The River is traded as described in PT's first post. No changes have been made.
https://www.mql5.com/en/forum
and watch this video as well.
https://www.mql5.com/en/forum/176576/page2
Changes
Stace,
To my knowledge The River is traded as described in PT's first post. No changes have been made.
https://www.mql5.com/en/forum
and watch this video as well.
https://www.mql5.com/en/forum/176576/page2There have been many changes and updates to using the River, but you need to learn the basic system first to understand the changes.
PT
Open Letter
Friends and Members,
I have something important to talk about and wanted this email to be
separate from the Weekly Summary. This is mainly addressed to those of
you who are either not succeeding in Forex or failing altogether.
Have you asked yourself why one person is making consistent pips week
in and week out and you are still floundering? Have you questioned
whether anyone can really make a living in Forex? Are you just completely
fed up with trading and not building your account? If the answer is
yes to these questions, then this email is especially for you.
I am not going to pretend like some, to have all the answers. Nor do I
fancy myself some kind of Forex guru. Do I have the ability to teach
you anything at all? You bet I do!
We all can be teachers as well as students and when we quit learning,
we are either ignorant or dead.
Reasons you are not succeeding:
First, way too many of you change methods like you change your socks.
How can you ever expect to perfect anything when you don’t stick with
it long enough to really learn it inside out? Should we try to learn
all we can about Forex? Of course we should. There are many ways to
make money trading currency and once you find one that is making money,
stick with it.
Second, you are not disciplined. You do not follow the rules of the
system you are using and you go with your gut and not the facts. I
can’t tell you how many times I have seen people in TS room take trades
based on nothing more than a hunch. You wish trades to work and do not accept
they are bad as they fall deeper and deeper in the minus category.
You make entirely too many trades and spend way too much time in front of
the monitor.
Finally, some of you are lazy. I don’t mean lazy in the normal sense
of the word but you do not practice. You expect that you are going to
read about a great new idea and poof, you will have it down pat. You want
an exact formula when trading way more complicated. You have great ideas
but are unwilling to spend the time back testing and forward testing to
find out if you are right or simply to tweak what may be a great idea.
If what I have said is true, how do I know it and how are we going to
fix it? The reason I know these things are true is, they all described my
trading till a few months ago. I made every mistake in the book and more.
The way we are going to fix it is the same way I did.
Those of you who know me are aware that I am trading with great success
and completely without fear. I have increased my accounts and make
positive pips every week. What’s more, I am not afraid to tell you what
I am doing in plain English without riddles. Do I always get it right?
Certainly not but I could if I gave you an answer that could later be
interpreted either way, anyone could. I believe that powertradingfx is
absolutely the best Forex Forum on the web. We have great members who
are willing to share anything and everything. You will never find our
members attempting to sneak into another trading room for ideas, we
don’t need to.
So what is the purpose of this email?
Next week I will personally be teaching in our TeamSpeak room for the
first time formally. I will be instructing and live trading what I
teach, yes I said live trading. If you join in and follow what I am doing,
you will make pips, it’s that simple. I will be putting my money
where my mouth is and you will know that when I say this is a good trade
it will be because I am trading it with you. Most importantly, I will
be helped by some of the best traders in our group.
Why?
I am tired of people blowing accounts on stupid, ridiculous, gimmicks
and tricks that do not work. I heard this week of another person who
blew several thousand dollars betting on price to stay above a certain
SMA. Could there be anything more ridiculous?
The definition of crazy is, continuing to do the exact same thing, but
expecting different results.
* Join us beginning Sunday evening and see what I am talking about.
What have you got to lose? It’s free!
Traderbill
* You must be a registered member of powertradingfx and the
powertrading TS room.
I will continue to post in this forum and this should not been seen in any way as a ploy to get you to another site. I enjoy this site and the people here and plan to post the River and the entire PowerTrading method in the future!
We will have the oportunity to see the trading system working alive.
Great !
Guys why can't i see the movie i can only hear it is audio only or do i need special softwre..thanx
Guys why can't i see the movie i can only hear it is audio only or do i need special softwre..thanx
Download the codecs HERE