There are seemingly no financial advisors who specialize in the sphere of day trading or understand the logistics of realizing exponential capital growth via the Forex market. But, in the process of searching for one, I ran across some information on Forex specialists that I'm curious to check out as compared to my own personal approach to trading to see whether or not this stuff comes across as legitimate in my eyes. Hence this thread...
So, what is this guy's strategy? Well, I looked at this next video (from eleven years ago, explaining his strategy) and I wasn't all that impressed. There were arrows all over the place, many of which he was ignoring and which did not last beyond a single candlestick. Perhaps the next overlay he mentioned at the end of the video will help, but at this initial point, his candlestick strategy looks like a bit of a mess to me. On this second video, he's still ignoring the arrows where things would not have turned out so great... So, now he's adding divergence, which seems to finally be adding an element of differentiation into the equation...
After watching The Forex Trading Coach's fourth explanatory video, I can see how, with whatever else it might be that he includes in his system (including Fibonacci ratios) it could be that his approach genuinely works.
I found (snippets from) this Elite Currensea video to be incredibly boring, with the information offered not striking me as all that unique or insightful.
You obviously have read ads by forex "gurus" and probably way too many of them. Retail forex traders realizing "exponential capital growth"? Based on the law of large numbers, there will always be a few lucky traders, but none are making "exponential" profits long-term. If they did, you'd be seeing them on the Fortune 500 and similar lists.
People have been trying to use Fibonacci ratios, Elliot Waves and Gann nonsense for almost 100 years. Again, none have been successful outside of some "fooled by randomness" periods.
Luckily I don't have to watch such videos anymore. beware of fake gurus. it can cause more harm than benefit.