Do you know any forex trading group which does predictions correctly?

[vlad]

Hi Guys,

Do you know any forex trading group Vlad can join and which does predictions correctly?

Anil Mangal group is a joke.

Vlad is looking for help and suggestions.

[Baphomet]

Hello Vlad.
I was with https://www.forexflow.live/ trading platform for about 6 months. but then i left because i do not trade with SL. i invest by opening tiny positions. but Ryan littlestone and other guys are good for short term traders. they mostly rely on news and other fundamental issues and use technical analysis too. just putting out since you asked.

[oldmate]

https://www.topforextargets.com/
https://www.set-and-forget.com/

[Chapeau]

I don't think Elliott Wave count predicts Forex market correctly. Ralph Nelson Elliott has derived EW on Stock Market and it is based on human sentiment. But nowadays Forex market is full of Algo and HFT trading. Machines are beating humans. That is so different people are counting differently on FX. On my opinion it may still work for stocks and indices(More human sentiment) better than Forex.

Anyways if you trade like Mangalov without SL and money management, none of the single strategy will work

Mangalov can blow one account every day if he trades just forex without any silver. Silver is saving the account for few months

[vlad]

I don't think Elliott Wave count predicts Forex market correctly. Ralph Nelson Elliott has derived EW on Stock Market and it is based on human sentiment. But nowadays Forex market is full of Algo and HFT trading. Machines are beating humans. That is so different people are counting differently on FX. On my opinion it may still work for stocks and indices(More human sentiment) better than Forex.

Anyways if you trade like Mangalov without SL and money management, none of the single strategy will work

Mangalov can blow one account every day if he trades just forex without any silver. Silver is saving the account for few months

Hi Chapeau,

Elliott wave still is the best method around as per my understanding; and I have tried all methods from pivots to ACD method by Mark Fisher to moving average (which works great for scalping) to u name it.

Good thing about elliott is that if you are counting waves; and the next impulse doesnt go the way u expect; then u know u r wrong and u can get out quickly. With Mangal waves you are trading blindly so you never have a clue where u are in first place.

Writing elliott waves and mangal waves in one sentence together is a crime in my opinion

Anil Mangal frankly is just a channel trader; he just trades channels until he gets rekt

[Chapeau]

Hi Vlad

I am saying the same. If your initial count is not working then you have to come out soon. It means that your initial forecast was not right and you have to count on a different way to adjust to make it correct. A good example is if you give one chart to 10 expert Elliott Wave traders then they will come up with different counts. I didn't say Elliott Wave is a bad method, it is the only method which was back-tested with 70 years of data by Elliott itself. At the same time I do not say all the other methods are crap.

What is working for you may not work for others. I had seen few traders are making huge profits using market cycles theory, Supply and demand and even just with Moving average. As long as we understand what the market is doing in terms of price behaviour and trade what we see (Not what we think and forecast), we have great edge on the market

Check this guy, he is using Moving average and he won trading competition
https://www.forexfactory.com/showthread.php?t=691864
https://www.myfxbook.com/en/members/Apo ... Z4mEYRBELv

Supply and Demand Trader - Grown to run his hedge fund (publically, not like Mangalov)
https://www.youtube.com/watch?v=WQkBpOqvhQE

[Karma]

Vlad,

It depends on what sort of time frame you want the predictions for short/medium/long term as there will be a difference between technical and fundamental predictions.

There will be some groups that are good, however one needs to have an understanding of what they will get from the group and is it really worth the money they are charging for what they offer, most have free trial periods and you get a feel for whether it's going to work or not.

I have personally had the experience, when you join a group for their services they give you the price or signals then its up to you as a trader/investor scalper to take the trade and manage it, if it does not work then you move on with limited risk loss and empowers you to learn through your mistakes.

I use elliott wave, harmonics, fibonacci, indicators etc as each one has a purpose and fits with my trading style, when I am wrong I take the loss and move on as it is expected that there will be losses on the way, each instrument is different and then trade it.

[drake36]

Who of you knows V. Manena? Are we talking about another Mangalov?

[oldmate]

I've done Victor's course. It's much much better than Anil's. Victor is very professional, his course is ~$500, he explain things thoroughly, he has a solid rule set to determine what kind of corrective patterns you are dealing with and he has good profit targets. No wonder Anil despises him.

I thank Anil for getting me on to him with all his ranting about him. I started watching Victor's videos and his predictions were quite good, so I did the course.

[Chapeau]

Not talking about any particular person. I was generally saying that there are lots of successful traders using other techniques, not the Elliott Wave.

Yes, I did enquire with Victor Manena and he has sent all his course details immediately. He is covering all the topics which vlad is using. I asked victor to share his trading success record, so that I can see whether he is really making money with his method or not. He said that it will be available to his students after joined his course.

Personally I feel Victor Manena and Bulent Akgul are better than Mangalov (Its purely based on the free analysis and the other two are not arrogant as Mangalov)

[drake36]

Personally I do not follow Elliot wave theory so strictly. I am, in fact, sure the markets are manipulated by big institutions. I found many markets where the single tops/bottoms are linked one to each other by regular math relationships. If you find the right relationship you can predict easily the next top with precision. The only risk is to fail the right relationship.

I attach, for example Platinum where you can see I am waiting for (short opportunity) the following levels:
944.3
975 (better)
At moment I am long and I will increase my position if the recent High will be taken off because this will give me the right confidence that, at least, I will arrive at 944 area.

PLATINUMDaily.png (32.48KiB)Viewed 71350 times

[m4verick]

What about this one? https://youtu.be/JQICzYlu57M

[vlad]

What about this one? https://youtu.be/JQICzYlu57M

anyone who is a wave trader but doesn't count; doesnt have vlad's respect

[irishharp]

My friend has been raving about falcon traders. From what it seems from his intro videos on youtube, he only draws channels. Has anybody taken his course here? I am curious

[fxMarshal]

My friend has been raving about falcon traders. From what it seems from his intro videos on youtube, he only draws channels. Has anybody taken his course here? I am curious

Man, You doesn't understand, that Anil draws only channels too ?

[niclas]

My friend has been raving about falcon traders. From what it seems from his intro videos on youtube, he only draws channels. Has anybody taken his course here? I am curious

It's available free on internet do google search falcon course same stuff with extra shine
https://freecourser.com/ i use this site if you wanna any course mostly you get check this out

[niclas]

Hi Vlad

I am saying the same. If your initial count is not working then you have to come out soon. It means that your initial forecast was not right and you have to count on a different way to adjust to make it correct. A good example is if you give one chart to 10 expert Elliott Wave traders then they will come up with different counts. I didn't say Elliott Wave is a bad method, it is the only method which was back-tested with 70 years of data by Elliott itself. At the same time I do not say all the other methods are crap.

What is working for you may not work for others. I had seen few traders are making huge profits using market cycles theory, Supply and demand and even just with Moving average. As long as we understand what the market is doing in terms of price behaviour and trade what we see (Not what we think and forecast), we have great edge on the market

Check this guy, he is using Moving average and he won trading competition
https://www.forexfactory.com/showthread.php?t=691864
https://www.myfxbook.com/en/members/Apo ... Z4mEYRBELv

Supply and Demand Trader - Grown to run his hedge fund (publically, not like Mangalov)
https://www.youtube.com/watch?v=WQkBpOqvhQE

Thank you for the guy you mentioning won competition is actually using Market Cycle not MA. MA's for Entry Exit kinda thing bro also the technique is simple
once again thank bro for the information