Iconoclast, aka coinz, slalpz, drawdown. Since you missed out on the show, I'll give you a quick re-hash of what he would be posting here: "I'm long EUR/USD as well as USD/EUR, so I coin money whether the market goes up or down." On winning positions: "I just snapped-close an easy 200 pips on this trade." On a mirror-image losing position: "That drawdown represents a mere .004% of my account." All demo, of course.
You forgot that he never uses stops, brags to high heaven when he wins but he never loses (200 straight winning trades).
I get the feeling that there a lot of people here who really have nothing better to do than brag about wins here... That is sad, but what is sadder is a crowd of people arguing about where the euro is going next and why.... Who gives a damn? What is the point in anticipating, besides the horror of getting contradicted? Just trade. Don't care about stupid fundamentals, don't care about idiot indicators, or oscillators... in essence they are and should be only a confirmation of something you are already thinking, not a pointer to a trade. The real deal is the price... I don't think that when you close a deal with somebody you care about anything else then the price and the effort you put in.... Stop misleading beginners. And this post is really pointing fingers to the bragging guy (the 96 pip run, 200 pip run).... i am sorry man, BUT unless you are a position trader and you are VERY WELL CAPITALISED, you have no business in gambling for that much amount!!! Someday everything will stop making sense to you! And we will not miss you!
You are on the wrong track here. Oscillators and indicators coupled with price is the correct way. Daytrading as a way to keep from gambling with large amounts is wrongheaded at best by the way. Daytrading is gambling--Position trading is not.
Maybe i was a little extreme. You are right. I use indicators and oscillators. Although to a minimum, i use them too. They are part of my system, but it is based on the key factors, price and time. Now, i was reffering to people who search for the holy grail indicator or who wonder about where the market is heading next. I don't want to sound like a hypocrit, but all this talk sounds like nonsense. And bragging is a sign of incompetence. It is when your frustration takes a form.
and besides, even if i found system that does not use ANY indicator at all (this is just an assumption) what would entitle you to argue with me?