February 17, 2012
E.C. (02/17/2012 8:18:27 AM): Just read the first chapter; Fantastic! :)
February 13, 2012
Bill W. (02/13/2012 10:28:12 AM):+15 and have stop set at entry level on remaining long
February 8, 2012
I see what you're asking. I am starting to get used to seeing these patterns. I have in the past more often watched markets like the S$P 500 for similar types of indicators. - Phillip R.
January 31, 2012
I'm getting better at fx trading, thanks to your System!
Being self employed working 12hrs a day make it a challenge...
Best, Tim C.
January 9, 2012
Ken Y. (01/09/2012 8:55:56 AM): Best Day Ever!! Thanks!!
Mike Radkay (01/09/2012 8:56:48 AM): Nice!!
December 22, 2011
Please know that I appreciate all you and Steph taught me.
Peace,
John
December 21, 2011
Mike Radkay (12/21/2011 7:33:56 AM): short eurgpb at 29
Mike Radkay (12/21/2011 8:10:10 AM): starting to get a drop...levels are tight but at 1L profit hitting now...looking for 8307 to 8296
December 21, 2011
E.C. (12/21/2011 8:12:35 AM): looking forward to class tonight!! :)
December 09, 2011
Alexander(12/9/2011 8:07:59 AM): woo, just made a trade on /6b for 20 ticks.
Ruben (12/9/2011 6:19:36 AM): made profits in both pairs and also the EURJPY.
December 06, 2011
Neal(12/6/2011 8:13:06 AM): ok thanks. BTW...EURCHF in at 12373 for 2L
Mike Radkay (12/6/2011 8:13:27 AM): nice!!
December 01, 2011
Frank (12/1/2011 6:47:47 AM): hi mike lost power and computer went down for little while these winds are notorious for power outages make sure you have your but covered with any orders as they can last for hours
Mike Radkay (12/1/2011 6:48:16 AM): hear you!! thanks...
November 30, 2011
William (11/30/2011 9:26:58 AM): LONG AUD/USD @ 10239...had 5 audusd took 4 off @ +42
Mike Radkay (11/30/2011 1:36:43 PM): Nice!!
November 25, 2011
Just again I like your system and everything what you do, system is based on the same numbers I used to see and consider to make trading decisions. Well, sometimes those numbers are off from yours for some pairs
Cannot wait to see you during next meetup.
Many many thanks.
Regards,
- Alex.
November 23, 2011
William (11/23/2011 6:57:36 AM): went light took some profit +16 on remainder have stop @ 13410 with ts @ 10
Mike Radkay (11/23/2011 6:58:13 AM): nice!!
November 17, 2011
Reese(11/17/2011 8:12:10 AM): Good Morning Michael, I wish you, Stephanie and your families the warmest of family togetherness on this thanksgiving Weekend. I thank-you for you both for your business efforts to help us 'newbies' trade. On a personal, great trading note... I have won 47 trades this month with a loss of only 5 - I thank-you for that!!! Have a great Holiday!!! Respectfully, Reese
William (11/17/2011 6:55:27 AM): yes that would be nice...good class last night!
November 16, 2011
Alexander(11/16/2011 8:00:18 AM): scary just a counter-play
Mike Radkay (11/16/2011 8:01:03 AM): yeah...im not going to marry anything here myself
November 15, 2011
Alex(11/15/2011 6:41:29 AM): nice 30 tick run on /6e
Mike Radkay (11/15/2011 6:41:45 AM): nice!
November 10, 2011
James (11/10/2011 8:10:34 AM): 2 plays, the usdjpy cancelled, when filled on light eurusd 1.3559 and 1.3561 currently running with 59's only in profit right now
Mike Radkay (11/10/2011 8:11:44 AM)nice!!
Ellie (11/10/2011 6:57:56 AM): usdjpy, does it make sense to have the stop at, say, 16 pips in this set-up?
Mike Radkay (11/10/2011 6:58:34 AM): that's my thought but try and have a thought of making at least 16 pips in your mind as well...
Mike Radkay (11/8/2011 6:38:58 AM): still running short eurchf from 12383...taking some profit here at 1L area...on remaining shorts looking for 12339 to 12317 oco with 12382 to lock in profit on remaining....trailer stop moved down to 72 now ...
Neal (11/8/2011 6:39:25 AM): wow moving now!
William (11/8/2011 7:04:46 AM): took profit @ +27 & +30 still short 1....Man it feels good to have profit locked in
November 4, 2011
Mike Radkay (11/4/2011 7:51:25 AM): taking some profit here eurchf 12223 ...looking for 12238 on remaining oco with 14 stop
Mike Radkay (11/4/2011 7:55:29 AM): flat...have 12193 buy limit pending now on eurchf
Andres (11/4/2011 7:58:06 AM): You took some profit (1L) at 12223.How many lots were you in? home many left working?
Mike Radkay (11/4/2011 7:58:40 AM): better question is how many did you have working and what did you want to risk if you got in...
Mike Radkay (11/4/2011 7:59:01 AM): i took half off of my existing position...reason for answer is ...dont get consumed with my $$ and lot size...get consumed with what you can risk and afford...so my answer remains i took half of my position off the table
Andres (11/4/2011 8:01:17 AM): Got it. Thanks
Andres (11/4/2011 9:16:10 AM): wow 2L profit on eurchf from 12193 :)
November 3, 2011
Hello Michael.
You, actually, quite a bit inspired me yesterday. I made my first very
very long trade (almost an hour) on /6b for 38 ticks. Many thanks.
I'm still thinking about the one-2-one sessions to create a list what type of
help is needed. I know there are a lot of things I need to improve.
November 2, 2011
Richard (11/2/2011 8:34:03 AM): did the GBP today - that was good. also have a resting order in the USD/CAD which I'll carry thru the report
William (11/2/2011 8:03:50 AM): took some profit @ +25 still long gbpusd from 15988
Mike Radkay (11/2/2011 8:04:15 AM): nice trade!!
William (11/2/2011 8:19:20 AM): took more profit...on last one put a 10 pip trailing stop
November 1, 2011
Andres (11/1/2011 7:38:08 AM): should we wait?
Mike Radkay (11/1/2011 7:38:28 AM): risk is personal to you...i risk 1L
Andres (11/1/2011 8:06:14 AM): looks much better now
Mike Radkay (11/1/2011 8:07:08 AM): never always easy...thats why they call it risky business...but felt the turn-around was coming
Neal (11/1/2011 8:00:28 AM): I'm in on 3 pairs -- all looking reasonably good so far..
Mike Radkay (11/1/2011 10:56:18 AM): short gbpusd again at 15980 and 90 this time around
William (11/1/2011 11:59:42 AM): nice trd...
October 27, 2011
William (10/27/2011 8:08:19 AM): I need help...how do u handle missing a move by 1 pip...take deep breaths focus on that there are many opportunities in the big picture?
Mike Radkay (10/27/2011 8:08:44 AM): you got it!! or do 1 lot or something to get yourself involved...when you see lower lows like in this case
William (10/27/2011 8:10:22 AM): thanks
October 27, 2011
Mike Radkay (10/27/2011 8:02:23 AM): usdcad short looking good!
Neal (10/27/2011 8:03:08 AM): yeah, of course I wish I hadn't scaled out so much yet. the last bit is doing fantastic, though
October 25, 2011
Bill (10/25/2011 11:35:32 AM): I got flat +6 usdcad, it's just floating along here
Mike Radkay (10/25/2011 11:36:27 AM): Covered some myself...oco in now
WW (10/25/2011 11:39:26 AM): oco is a nice call...
October 20, 2011
William W (10/20/2011 9:10:04 AM): OKAY THAT WAS THE 2ND STORM AND I AM OUT
Mike Radkay (10/20/2011 9:13:11 AM): now the choice just becomes...do you want to try it again...3L move, overbought, below session green / redline...if you do...stops at 9026 and looking for 1 to 2L drop to possibly retest sesson low
William W (10/20/2011 9:21:47 AM): I am short 9004 usdchf
William W (10/20/2011 9:51:31 AM): I put 9000 stop in with a 15pip trailing stop
Mike Radkay (10/20/2011 10:00:44 AM): okay...sometimes you have to fight for it!! nice...
October 18, 2011
NS (10/19/2011 8:06:24 AM):I've had 2 long positions today eurchf so far. +13 pips each.
October 18, 2011
James O: Out of last eurusd @6:57 1.3660 Thanks mike for all the work you do and share with us. Don't say often enough or speak much. Time for long bike ride and CU 2 nite. james
James O: at 6 am I removed all but 3 charts from watch (same 3 as U at 6:15 post) main interest eurusd and only one I put order in on. sell limit 1.3719 filled at 6:09pst took a little off here and finger on. Wow now in target area!...riding rest
Mike Radkay: sounds good!!
Neal S: redline plays working for me. a bit nervous though. closed +23 pips eurusd, still short eurgbp at about breakeven
October 06, 2011
Mike Radkay (10/6/2011 7:24:33 AM): things breaking down...careful
Ellie C (10/6/2011 7:25:25 AM): stopped out already
October 04, 2011
Neal S (10/4/2011 8:07:27 AM): my orders on gbpusd matched yours almost entirely. but I just got stopped out... +14 and +4
Fred G (10/4/2011 7:10:35 AM): nice little run on Canadian - almost 100 - good enough for the day
October 03, 2011
Mike Radkay (10/3/2011 7:10:03 AM): short light 15513 gbpusd...going to focus here ....canceling others for now
James O (10/3/2011 7:47:47 AM): GBPUSD nice!
Neal S (10/3/2011 7:39:35 AM): I'm flat gbpusd. +42 pips. nice day for me.
September 23, 2011
William W (9/23/2011 10:09:19 AM): flat on eurgbp picked +19 & +29
Neal S (9/23/2011 9:45:23 AM): Wow nice ride on eurgbp from 55 down to 17
Mike Radkay (9/23/2011 9:46:14 AM): It did it!! Did you take advantage?
Neal S (9/23/2011 9:46:40 AM): yes I did. scaled out at L1 then the rest at L2
Mike Radkay (9/23/2011 9:46:57 AM): Nice!!
Neal S (9/23/2011 9:50:53 AM): Thanks. It's nice to have a system such as RDS that works consistently for me.
Chad J (9/23/2011 8:18:50 AM): Best week ever...thanks Mike - Chad
September 21, 2011
Thanks for all your help, it's going real well for me. I am really excited about the future. Bill W
Chad J (9/21/2011 11:53:10 AM): I'm up 280 pip today. that was fun!
Fred G (9/21/2011 8:53:38 AM): was reading your site and playing with my previous knowledge and up 64 pips on eur/usd so far today. will continue to read
Stacey S (9/21/2011 6:16:39 AM): Hi Mike - I really do love your football field. I caught the GBPUSD trade this morning at 5:30am EST and again at 6:30am EST based on your parameters. Nice trade while the kids were sleeping. Cheers, Stacey
September 20, 2011
Chad J (9/20/2011 9:50:10 AM): my account is up 10% this month. this is the most success i've had in the 1 year i've been in the markets. so thanks!
September 20, 2011
Stacey S. (9/20/2011 7:52:51 AM): Hi Mike, Just want to thank you. I really haven't been trading currencies, but your framework has really helped me in trading bonds and equities. It has taken about a year, but the light bulb is finally starting to go on. Thanks again, Stacey
September 19, 2011
NS (9/19/2011 10:41:11 AM): Not a bad day... I'm flat after +25 audusd, +7 eurusd, +12 gbpusd.
September 16, 2011
Neal (9/16/2011 7:42:46 AM): hopefully you got a small profit I was out with -5 pips.
Mike Radkay (9/16/2011 7:43:36 AM): small profit...hard ride though ...probably missed the boat on nzdusd ...oh well...
Neal (9/16/2011 7:45:59 AM): there's your nzdusd opportunity
Mike Radkay (9/16/2011 7:46:17 AM): careful what you wish for ...right...
Mike Radkay (9/16/2011 7:48:21 AM): last little bottom 8300 before a bounce on nzdusd...going to go in ong there with a chance
Mike Radkay (9/16/2011 7:55:05 AM): long nzdusd at 8300
Mike Radkay (9/16/2011 8:00:02 AM): would like to see some higher highs nzdusd next 15 min candle...
Mike Radkay (9/16/2011 8:01:40 AM): getting some higher highs...looking good on long from 8300...targeting 8338 to possibly 8372
Mike Radkay (9/16/2011 8:03:12 AM): taking some profit in +23...looking for 8338 for more
William (9/16/2011 8:06:36 AM): NICE
September 13, 2011
(All Times Are Pacific)
I was in on the Aud trade yesterday I didn't take profit a soon as u did but it was a nice trd for me also picked up 1L late in the day with usdjpy Had an awesome trade late Friday early Sunday. I was short the eur/usd @ 13656, 13682 & 137.01 I know we had talked about it. Well i decided to hold the trade until Sunday. Dude Sunday open up at 13598, I took my profit and enjoyed the rest of my Sunday...thx for all your help
September 12, 2011
Mike Radkay (9/12/2011 6:16:57 AM): interest in audusd (bearish bias)...feel resistance will develop at 10358
Mike Radkay (9/12/2011 6:40:04 AM): resistance audusd 10358, usdjpy found resistance at 7727 and eurjpy found resistance at 10556 area...
Neal (9/12/2011 8:01:07 AM): i'm out. not a bad day so far. +20 pips audusd, +10 pips usdjpy.
September 09, 2011
BW(9/9/2011 9:05:30 AM): took profit plus 10 with 1 still long 2 on usdcad
Mike Radkay (9/9/2011 9:06:54 AM): took profit myself at 72...keeps stalling there
BW (9/9/2011 9:10:46 AM): looks like eur and aud back on down trend, know we need cad to continue up trend
Mike Radkay (9/9/2011 9:15:27 AM): its trying...had vision of parity on usdcad 1.0000...might be wishful thinking
September 06, 2011
Mike Radkay (9/6/2011 7:53:11 AM): just got long at 7714 usdjpy after i exited usdcad for small profit
Mike Radkay (9/6/2011 8:04:56 AM): usdjpy starting to make some higher highs...still running long from 14...7753 session high area
Mike Radkay (9/6/2011 8:07:25 AM): 1 level of profit into it...took 1 off...still long looking for 31 and 42 and 53 for remaining
Bill (9/6/2011 8:52:42 AM): I got flat @ 42
Bill (9/6/2011 8:53:33 AM): +31
September 01, 2011
NS (9/1/2011 8:05:54 AM): Another good day. played countertrend on eurusd for 18 pips. will wait for on-trend moves before I re-enter.
August 31, 2011
Mike Radkay (8/31/2011 6:16:33 AM): at this point the only market that seems to be moving is the usdchf (bearish bias) sell limit pending currently at 0.8091
Mike Radkay (8/31/2011 7:16:54 AM): short at 0.8091 usdchf
WW(8/31/2011 8:02:29 AM): that's why your the master...have 8019 limit on remainder with a stop @ 81 ...down to 1 took profit on 1 @ +40
Neal S (8/31/2011 8:02:13 AM): I'm out of usdchf -- too nervous . I was in / out several times for a total of about +28 pips. good day for me!
Craig B (8/31/2011 8:28:07 AM): I got out too early!
WW(8/31/2011 10:31:21 AM): just picked another 24 on 3 usdchf short @ 8044 out at 8020...total pips for the day, if u add them up 178
August 30, 2011
Mike, We're back from vacation. It felt good to be trading again today, made my goal of finishing in the green.
Bill
August 24, 2011
Chad J (8/24/2011 8:16:50 AM): Hi Mike, I like to put on small swing trades and was looking at the usd/chf daily chart. Are there any fundamental changes with the CHF recently...any reason to think it wont continue to be more valuable than the USD? I'm reading things about trying to lessen its value by the SNB
Mike Radkay (8/24/2011 8:19:52 AM): the way it seems right now is that the dollar has held these gains over past week and a half and with current prices above weekly, red and green..more inclined to stay long if prices hold above 7911 weekly
Mike Radkay (8/24/2011 8:21:41 AM): SNB has lowered rates to 0 in hopes to slow down CH strength...seems to be working so far and price action is in alignment with USD climbing and CHF falling at the moment
August 22, 2011
Mike Radkay (8/22/2011 7:25:50 AM): taking some profit on the pause here at 9857...still running short from 9873
Neal S (8/22/2011 7:34:49 AM): i got out of all of mine. +16 pips on most, only 10 pips on the last bit.
August 16, 2011
Rich I(8/16/2011 7:37:37 AM): I'm finally trading better last couple months and making profit... Waiting for opportunities is the hardest part.
August 12, 2011
Mike Radkay (8/12/2011 7:36:12 AM): usdchf moving back in downtend on 15min...support still expected 7687...long at 7687 usdchf
Neal S (8/12/2011 7:46:33 AM): wow goin' now...i always get nervous when things go this well and tighten my stop.
Mike Radkay (8/12/2011 7:50:05 AM): got a good one going!!...set a trailer on it
Neal S (8/12/2011 7:52:18 AM): yeah i just took off most of mine at +55 pips. will let the last little bit run with a trailer
Rich I (8/12/2011 7:48:31 AM): sweet. I hate when I only have 1 on from being a chicken. Harder to play and know when to get out.
WW(8/12/2011 7:49:36 AM): picked up 30 still long
James O(8/12/2011 8:05:22 AM): usdchf was only one on my radar as well at 5:30am NICE Thnks MIKE for all you do and Steph as well have a great weekend. James
August 11, 2011
WW: did u go long at the flip from down trend to up trend 75.75 usdchf..I missed it, kept waiting for it hit 7492 or came back to 7549 range
Mike Radkay: yes i did..had 7492s working as well but when i saw higher highs came back in i bought 7550s
WW: Thx....that helps a bunch...the higher high
August 10, 2011
WW: looks like I should be able to make it tonight...didn't lose faith with eurjpy and picked up +47 & +63...flat and bbq some brats
Mike Radkay: nice!! i didnt lose faith either...audusd was great as well !!
August 09, 2011
Thanx, challenging material - need to broaden my understanding of the changes within the trading time, as per how you finished this evening's class... new and a bit of a stretch for now. Looking forward to understanding it thoroughly.
:) E
August 07, 2011
The material and the daily videos are all very motivating. Thanks for your help so far...Take care, Reis
August 04, 2011
WW(8/4/2011 2:09:10 PM): Mike, last night was great, I real enjoy your classes. I couldn't get involved this morning was just to busy at work but once we slowed down was able to go long the usdjpy with your help and picked 31 pips. I went light, was nervous with the extreme moves today. I didn't listen to my gut, wanted to go more but total happy with what I made. I made a decision last week to start shutting things down around 3:00pm (cst), if I am in the positive. It's just to much, to wrap up work, take the train home, be with the kids get dinner ready and the whole time I have the market on my mind.
WW(8/4/2011 2:19:57 PM): fyi...I am still trading dollar pips, at the beginning of July I was down about 500.00 in my acct and from that low now I am up over 750.00 bucks. I am out tomorrow with the wife and kids. We're taking the kids downtown for a day of fun in the big city. Thanks for all your guidance, good luck tomorrow and have a great weekend.
Ellie C(8/4/2011 8:26:43 AM): Mike, does it matter that eurusd is between the red and green lines? Also, on audusd above both? I do understand the principle to go long above and short below.. want to make sure I understand all parameters, whether it matters where these points are located vs the red and green lines..
Mike Radkay (8/4/2011 8:27:33 AM): the entry spot 14228 is below that is what is impotant
Ellie (092811check) Chay (8/4/2011 8:29:00 AM): ok - thanx
August 03, 2011
Rich I(8/3/2011 8:08:32 AM): nice trade on GBPUSD long. I only had 1 and got out too soon. but still made some.
Mike Radkay (8/3/2011 8:08:46 AM): nice!!
Neal S(8/3/2011 7:56:38 AM): i got out at 15 pips profit. good enough for me for today.
August 02, 2011
WW (8/2/2011 1:34:38 PM): was able to pick up 23 pips today made plus 20 yesterday
August 01, 2011
Tim C. - I LIKE HOW YOU BREAKDOWN THE CHART (RED LINE)...I'M AN EX-YOUTH FOOTBALL COACH 15 YEARS
July 29, 2011
Mike Radkay (7/29/2011 8:05:11 AM): would be nice to have some usdcf runing as well...but i wont be greedy and take what i get ...took my profit on usdjpy and calling it a day...
Ellie C (7/29/2011 8:05:37 AM): very nice run usdjpy
Neal S (7/29/2011 8:04:28 AM): wow usdchf...hmm i should have done the same, but still in. will see what i can get.
July 28, 2011
WW(7/28/2011 12:49:35 PM): I picked up another 2 earlier @ 39, with it moving slow just got flat at +13 & +14
Neal S (7/28/2011 8:10:46 AM): I rode eurjpy for 16 pips in 2 trades. That's a good day for me so I'm out.
Neal (S (7/28/2011 8:11:16 AM): i'm trying to learn how to walk away when i hit my target.
Mike Radkay (7/28/2011 8:12:58 AM): nice neal!!
July 27, 2011
WW(7/27/2011 3:50:03 PM): Advice please..I am still long...11027 break even...was planning on hold out for 11055 but seems like 11027 or low 11030 is all where going to get...should I call it a day hold out for 11055?
Mike Radkay (7/27/2011 3:51:02 PM): been a long time into it and it is struggling here...i got long audusd from 30, 17, 13 ...coverd up near 28 and then reentered long at main support at 05 and covered up near 30 again which wasnow the trouble spot...im flat
WW (7/27/2011 3:57:50 PM): that's why your the master...I jumped the gun earlier went long @ 32 and 30 and 09 so my hole was a deeper
Mike Radkay (7/27/2011 3:59:02 PM): gotcha...I kept bullets in reserve...just remember that 30 has been a srugle and the times tha market gave it to ou was a good thing to take it when it gave it
WW(7/27/2011 5:10:29 PM): Thanks for you advice got out @ 34...feel much better
Mike Radkay (7/27/2011 5:10:42 PM): :)
July 27, 2011
Mike Radkay (7/27/2011 7:12:22 AM): i like audusd better as to position on field
Neal S (7/27/2011 7:12:58 AM): right. farther above red/green. nzdusd between them.
July 25, 2011
Mike Radkay (7/25/2011 11:04:55 AM): took awhile without too much heat...but better as out of the woods on short plays usdjpy 7826-39 and usdchf from 8063
Keith L (7/25/2011 11:05:16 AM): Got out green
Neal S(7/25/2011 11:05:36 AM): i just took profits on usdchf. 13 pips was good enough for me.
July 22, 2011
WW (7/22/2011 12:09:19 PM): thanks for your advice this week...you have a good weekend too!
July 15, 2011
Mike Radkay (7/15/2011 9:10:32 AM): USDCAD 9554 looks like it may be a place to start to short again...
WW (7/15/2011 12:31:58 PM): THX...
WW (7/15/2011 1:16:08 PM): have a great weekend, I am flat + 15
July 14, 2011
KC (7/14/2011 5:07:15 PM): ive been getting the hang of it all, i love the simplicity of your system
Mike Radkay (7/14/2011 5:07:40 PM): glad its working for you!!
July 13, 2011
Danny R(7/13/2011 10:58:51 AM): I haven't been able to trade lately...I am finding it more difficult to find time to do it with having to go to work and everything...I was getting into situations where I would get into a trade then having to worry about getting down to work...then when I am at work it is difficult as well....I'm just having trouble finding the time to be able to sit down and do it
Mike Radkay (7/13/2011 11:00:46 AM): with the platform buy/sell limit and oco attachment, you can do the 3 step process and be protected and at the same time take profits...or you can even set up a trailer on it...have you taken advantage of that?
Danny R.(7/13/2011 11:02:15 AM): I am familiar with the trailing stop but it seems that I can only do that on my first entry into the trade...If I have multiple entries i Have to put a stop limit....
Mike Radkay (7/13/2011 11:02:23 AM): check out the video if you havent already: http://www.rdstrader.com/forex-futures-experts/faq-entry-orders.php#exactlinevideo7 ...you can have complete control over orders if they vary in size...lets say you can do 6 lots total...you can set up 1 in an area, then 2 in another area, then 3 in another area giving you a total of 6 lots all treated individually
Danny R(7/13/2011 11:04:49 AM): Does that make sense what I said before about only being able to put a trailing stop on the first entry?
Mike Radkay (7/13/2011 11:06:28 AM): yes...but you can put a trailing stop on other orders but they need to vary in size 1,2 or 3 for example...if you have 1,1,1 then you can only set to where first oder was FIFO
Danny R (7/13/2011 11:06:51 AM): oh...i see....so I need to vary my lot #'s...like 5,6,7 not 6, 6, 6
Mike Radkay (7/13/2011 11:08:01 AM): yes...lets say you see an area you like but cant wait around and you want to buy the audusd at 53 and at 23...prices are trading 73 at the time...you can set a 1 buy at 53 with a stop, limit and/or trailer, and at 23 you can set to buy 2 with a stop, limit and/or trailer
Danny R(7/13/2011 11:08:37 AM): oh, ok, that is cool...I didn't know that
Mike Radkay (7/13/2011 11:08:44 AM): all treated individually and free from FIFO...yes the video can help...its about 3minutes long
Danny R(7/13/2011 11:08:50 AM): damn,, i should have IMed you a couple weeks ago...i've just been stressing about sitting down and getting into a bad situation
Mike Radkay (7/13/2011 11:09:35 AM): this takes all of that away and can be really good for you
Danny R(7/13/2011 11:09:57 AM): for me yes
Mike Radkay (7/13/2011 11:10:01 AM): if the trade hits...it hits...nothing forced and all pre-planned
Danny R(7/13/2011 11:10:18 AM): got ya, thx for the help....I will start implementing..I thought that was really weird I could only trail on the first entry but was also confused that sometimes I was able to...makes sense now :)
Mike Radkay (7/13/2011 11:11:23 AM):)
July 13, 2011
Bill W (7/13/2011 7:25:21 AM): I HAD USDCAD SHORT 1 @ 96.26 CLOSED OUT @ 96.15 1 @ 96.33 CLOSED OUT @ 96.00 STILL HAVE 2 FROM 96.36
Mike Radkay (7/13/2011 7:26:05 AM): nice!!
July 12, 2011
Ellie C (7/12/2011 8:34:18 AM): Mike, wondering why gbpusd has gone radically long?
Mike Radkay (7/12/2011 8:39:43 AM): been beat up for couple of weeks now...things always recover at some point...i didnt see any real news...but gbp unemployment data coming out early tomorrow morning...could be some shorts covering ahead of that report at 130a pacific
Ellie C (7/12/2011 8:42:11 AM): remarkable - adds to the thinking process (and view)- thanx
July 11, 2011
Reese N (7/11/2011 8:52:54 AM): I certainly can respect 'quiet' time while waiting for market to hit 'spots' it was just the way I read your chat, it made it sound like you were done for the day - and even so that was fine, just checkin in with ya
Mike Radkay (7/11/2011 8:54:10 AM): no...not done..orders are pending...computer is doing all of the work for me now as i wait with entries and oco stop and profit targets attached...this is when the computer and the software i use is nice
Reese N (7/11/2011 8:55:36 AM): oh yes, pending orders etc limits and this software is great, I can actually get some stuff done around the house during the downtime and not miss anything - FYI... I have won the trades for the past three days, and been doing very well, Thank-you!!!
July 11, 2011
Neal S (7/11/2011 7:09:42 AM): got out of usdcad too early; only 13 pips
Mike Radkay (7/11/2011 7:09:57 AM): nice trade though...way to get in there!!
Curtis J (7/11/2011 7:47:07 AM): this day is a gift to all fx traders!
July 10, 2011
Dear Michael, I want to thank you for all of the education you provided me. I am trading real money and doing ok. I think I'm ready to do it myself! Richard Woods.
July 07, 2011
Mike Radkay (7/7/2011 8:09:24 AM): i jumped in usdchf long @42
Neal S (7/7/2011 8:15:04 AM): i'm out of usdchf. i should have scaled out, but i took my 17 pips with all of it
Mike Radkay (7/7/2011 8:15:33 AM): nice! making money is the key!!
Neal S (7/7/2011 8:16:22 AM): yes. trying to focus on the "treat your winners like your losers" part. That's my biggest problem these days.
Mike Radkay (7/7/2011 8:17:08 AM): i hear you but treat you losers like you treat your winners is the actual thought
Neal S (7/7/2011 8:17:37 AM): right
July 06, 2011
Mike Radkay (7/6/2011 10:31:43 AM): back from a run...thank you break in the eurjpy and the eurusd :)
Rich I. (7/6/2011 11:03:14 AM): i got flat eurjpy at 77. was short from 99. got out of gbpusd a bit ago on that higher high
Mike Radkay (7/6/2011 11:03:38 AM): nice trade!!
Rich I.(7/6/2011 11:04:04 AM): thanks. still a bit nerve wracking for me at times. I didn't leave on any runs like you. :)
William W(7/6/2011 9:21:03 AM): Couldn't handle waiting for the 99 sold light @ 93...took profit on my 93's @ plus 15 still have my 99's stop @ 89 going for 62 the 7:30 pst low
Mike Radkay (7/6/2011 11:15:34 AM): nice!!
William W(7/6/2011 11:24:25 AM): took profit on 1 out of 2 @ plus 34 put on trail stop at 10 pips
July 01, 2011
William W (7/1/2011 7:32:00 AM): Picked up a bunt single this morning went short the gbpusd arnd 5:45 pst @ 160.24 got nerves after imf came out and took 16 pips and ran...thx for all your help, I really appreciate it.
June 30, 2011
thanks to your class last night re: Time Frame reaching a buy/sell point and other points the worked out. After the flip around 7 I put in a light sell at 1.6035 and I liked the 6061 area better so put in orders there also. Out the 6035 at 6043 and 6061�s at 6048 and the 6066�s at 6026. But wow 10 hours later on those. Put on oco�s and walked away came back at 3:30pm and they hadn�t triggered so took them off and used the time frame idea saw it was sideways from 10 to 12 and was again running that way so was watching to exit at about the two hour mark. When it started to drop I put a trailing stop in on larger lot and and held the smaller one to run with. Again ideas from your class last night. Thank you YOU THE MAN! This 67 yr guy thinks slow but I ride fast. I should turn that around. See ya in am. -James
June 30, 2011
You are top notch and we received great feedback from the students who took the FX class - Morgan Busby - DTI Trader
June 30, 2011
John M (6/30/2011 6:21:39 AM PT): I did take the sell at 16033 and took half off at 10 pip profit...letting one ride with 29 stop
June 29, 2011
I missed todays' trading - I hope it went well. I am sure this Greece thing and debt ceiling issue is probably having things a bit on edge. Thank-you for keeping me included, you have a great program and I am honored to be allowed to be a part of it.
Respectfully,
Reese
June 29, 2011
Hey Mike.
Thanks for another GREAT class. I love your teaching from the charts!
As always, thanks.
John
June 29, 2011
Roxanne M (6/29/2011 8:20:08 AM PT): So, I'll do a little 'horn-tootin' ~ went on a hunch with the eurjpy: went long @ 116.00, it had 3 rules: flip, RSI & two level pull back: made 50 pips in about 20 minutes
Mike Radkay (6/29/2011 8:20:30 AM PT): nice!!
June 24, 2011
Meetup Live in Person Event: It was a great meeting. Mike always has insights into the market on trading mechanics, trading plans and his overall approach to mastering the market. You simply cannot get feedback better than this in LA. Also many other top traders attended the meeting and discussed the real challenges of trading at the expert level. This meeting is a MUST attend if you have ANY interest in trading your own account. This is the REAL deal if you know how to trade so thankful I made out to the meeting. - Seth
June 23, 2011
Ellie C (6/23/2011 6:45:33 AM): thanks by the way for the class yesterday - i finally realized i could gather daily numbers by using daily candles - go figure! didn't think of that before, and did way more work..till i watched your method
Mike Radkay (6/23/2011 6:46:36 AM PT): glad it is helping you and saving time!
June 20, 2011
Gary Y. (6/20/2011 8:05:07 AM PT): I do enjoy watching your thinking on the markets. Thanks again
June 17, 2011
Rich asks: The eurusd long trade today at 97 is great example of my confusion. (I did not participate in this trade.) Is that lower candle at 10:45 considered the second storm and time to get out?
Mike Radkay: It is a storm and you have to make a decision about risk and time...never feels good when you see lower lows when you are long...I risk 1Level...but adjust through it as I see flips...
Rich asks: Or is it merely in the window of opportunity?
Mike Radkay responds: When it flips back up in favored direction its a new window and time to ask if you want to get back in or add to an existing positon....Is it above green, red?...Whats the distance drop?...Whats rsi?..How long have I been in trade?...Have I been trying this idea more than 2 or 3 times?...How am I doing type of thing etc...
Rich asks: Can you walk me through how you would trade this EURUSD long play starting from 14297...where did you have stops?
Mike Radkay responds: I have a 1L risk (down to 14252 at worst) with 14342 objective going in to the idea initially but as you know I will adjsut along the way as price action unfolds...I bought 14297s to start (2 lots) and then as prices fell to 14288 bottom (8:00a PT flip bottom)...I bought there as well (2 lots)...still felt good about the long but flags were beginning to wave as prices dropped to 14277 as I am reentering and not getting much result at this point but not even a half level of risk against so no big deal...after flip back up though I put stop at 14276 for 14297's long ...I know I could risk a level (down to 52) but time in trade already (about 1hr.) and what was happening doesnt mean I have to let it fall a level against me if I'm not feeling it and if it fell below 77 bottom...I would cover the 14297s and run with 14288s a bit...(placed stop just below 10:15a PT bottom @76 ..when it came back up and didnt stop me out ...I sold some 14300s to exit my 14297s (entry that gave me most pain) ...I then ran with my 14288s...put a 14296 stop (to secure profit) as prices rallied above 14300 and attached a 10 pip trailer or looking for 14342...went for a run ...came home and it got me out at 14305 on 14288s. All in all 6pips from 2 bought @97 and 17 pips from 2 bought @88 for 34 pips or total of 40pips...hope this helps!
Rich responds: Thanks Mike. I really appreciate it.
June 16, 2011
Chad J: Do you think about daily goals as a percent of your account? IE my goal is 2% gain for my account and risk being the same % i guess
Mike Radkay: sure...i try to achieve them but i will take what the market gives for that session and not get clouded by the hard percent number...downside numbers are hard fastened and of course equal to that of upside or better
Chad J: i bring this up because i evidentally have a fear of loss even with the .10 pips... I'm doing well with sim trading 3-5 lots, spending the last 2 days brushing up on the platform, but i'll move to live trading next setup i see.
Mike Radkay: you should have fear of loss...its an unavoidable emotion...rehearsing the scenarios and adjusting proper contract size and goals to realistic expectations soothes the fear along the way
Chad J: Its funny because just yesterday i gave the same basic advice to a new triathlete...scared of open water swimming. thanks - Chad
June 16, 2011
Ric G (6/16/2011 7:01:04 AM PT): another successful trade - good call on usdcad long !
Neal S (6/16/2011 7:01:53 AM PT): wow that was some report! moved the market in our favor
June 15, 2011
I sure wish I had kept my short position on the NZD/USD from real early this morning. I thank you and Stephanie for all you do!
respectfully,
Reese
June 13, 2011
james a. (6/13/2011 10:04:57 AM PT):hi mike, made money today on nzdusd set-up. will be on the road wed. morning, so will be out of contact with you for a while.
June 10, 2011
Bill W. (6/10/2011 7:18:37 AM PT): Man the anxiety, I want to get out plus forty but still in down trend. What focus should I have?
Mike Radkay (6/10/2011 7:19:30 AM PT): set you stop a tick above if it makes higher high on 15min. and then just relax...pressures off and you rode it the best you could
Mike Radkay (6/10/2011 7:24:23 AM PT): have you ever used the trail stop?
Bill W (6/10/2011 7:24:35 AM PT): not yet
Mike Radkay (6/10/2011 7:26:34 AM PT): set stop say at 61 and put a 10 pip trail stop on it...say you set it when price was trading 41 at the time...after it falls 10 ...down to 31 stop would move down to 51...price falls to 21 stop would move down to 41 etc...locks in if it climbs back to stop or keeps going if it keeps falling
Mike Radkay (6/10/2011 7:27:14 AM PT): check box on stop and then hit drop down by trail stop and select to trail by 10 or more
Mike Radkay (6/10/2011 7:27:28 AM PT): dont set a target limit...just let it run!
Bill W (6/10/2011 7:35:05 AM PT): thx...feel better with trail stop
Mike Radkay (6/10/2011 7:35:37 AM PT): nice!!
Mike Radkay (6/10/2011 7:36:19 AM PT): let the market do the work now!
Bill W (6/10/2011 7:36:42 AM PT): cool
Mike Radkay (6/10/2011 7:41:03 AM PT): go eurjpy!!
Bill W (6/10/2011 7:44:18 AM PT): yes...nice
Bill W (6/10/2011 7:52:34 AM PT): all do to your help...thx so much
Mike Radkay (6/10/2011 7:52:53 AM PT): glad it is helping!
Bill W (6/10/2011 8:33:55 AM PT): Trailing stop kicked in flat 115.27
Bill W (6/10/2011 8:38:56 AM PT): 1 contract 30 pips 1 contract 62 pips for total of 92pips
Mike Radkay (6/10/2011 8:39:11 AM PT): Nice trade!!
Mike Radkay (6/10/2011 9:29:03 AM PT): have 10568 sell limit audusd as well
Bill W (6/10/2011 1:24:05 PM PT): just made 28 pips audusd...total 120 for the day
June 8, 2011
I can't say Thank You enough for helping me with this difficult transition. Helping students with the psychology of trading may not be as much fun as the technical teaching but it is as important. I will be one of your success stories. Thank You for caring enough and continuing to help me to do that. -Peggy
June 8, 2011
Mike Radkay (6/8/2011 7:53:15 AM): sold 10633's on audusd...keeps stalling at level and still have 39s pending...looking for a move back down to 03 level to session low (4L range target)
WW(6/8/2011 8:17:04 AM): also went short at 33, plus 16 right now
June 3, 2011
Mike Radkay (6/3/2011 8:51:23 AM): you dont have to lose a level no matter what on unprofitable trades...most times 2nd storm stop out saves resources to use for next opportunity
Ellie C (6/3/2011 8:53:29 AM): well said, and well received Mike, believe it. Was profitable on smaller scale for a while, and I paid close attention. my stop was slightly less than 1 level, but significant (4 me) nonetheless. Let 1 moment slip to wait, and it turned... U'r right, for now there's a next opp.- thank u.
June 2, 2011
Mike Radkay (6/2/2011 8:53:21 AM): 14410-11 is middle of window eurusd from 14402-19 buy window...holding here so far...feel prices will climb back to 32 and possible 67
JM: Did you take a Star 2 entry?
Mike Radkay (6/2/2011 9:13:08 AM): working 14397s got in long at 14412...did you?
JM (6/2/2011 9:08:24 AM): No - I was waiting for your OK - gotta learn to do this myself - worked earlier trade pretty well - thanks to you - I am feeling much calmer trading - not nearly as nervous as I used to be - 1 have a long way to go - but I am confident that I will get there - thanks as always for your help!
Mike Radkay (6/2/2011 9:13:08 AM): you got it!...you have to trust yourself...its the only way...im just here for guidance...
JM (6/2/2011 9:13:08 AM): And you do a GREAT job of guiding!
JM (6/2/2011 9:13:08 AM): I didn't even see the Star 2 entry until you pointed it out - same for the Star 3 eentry earlier - gotta see the trees in the forest
June 1, 2011
Mike Radkay (6/1/2011 9:48:32 AM): usdjpy and usdchf on radar and grinding in uptrend right now...sell limits @ 8100 usdjpy and @ 8434 usdchf for a short play opportunity
William W. (6/1/2011 1:17:53 PM): Did you short the usdchf or is it a new day
Mike Radkay (6/1/2011 1:18:29 PM): i am short at 34...new day at 2p pacific
William W. (6/1/2011 1:20:27 PM): thanks...
Mike Radkay (6/1/2011 1:51:03 PM): run lower usdchf - short from 34
William W. (6/1/2011 1:58:14 PM): very nice!!
May 31, 2011
Mike Radkay (5/31/2011 10:36:20 AM): finally eurjpy!
Javier P. (5/31/2011 10:37:55 AM): Good starting day!
May 27, 2011
Hey Mike-
As always I really appreciated your newsletter. I had always thought of the rules in terms of entry - your article helped me to understand that I can use the rules to evaluate the trade and manage the exits as well.I have made several trades since April - not every day sometimes because of my schedule and a few days because I did not like any of the trades. I'm up 199 pips over that time frame. I have been trying to trade for about a decade using many different instruments and many different systems. This is the first time that I am up over any sustained period of time. That is HUGE for me!
Thank You, John
Testimonials: May 26, 2011
Thanks for your help so far. The webinars have been great. I don't know why my audio was fading in and out but I was getting the gist of what you were saying. I really like the mental side of what you are teaching.
Bill W.
May 25, 2011
Hey Mike -
Just wanted you to know that I found today's class really helpful.
Due to my schedule, it has been a few months since I had taken the class on Parts 5 and 6.
It's my favorite class.
Listening to you walk through the charts is incredibly helpful.
I could do that for HOURS!
I also really appreciated hearing you talk about how you handle risk.
I have been putting on WAY too many lots - four instead of 2 to start.
I am sure that will help also.
Thanks for all your patient teaching.
John
May 24, 2011
Thank You Mike for understanding. I look forward to class and will work hard at having some improvement to discuss next mentoring session. I really appreciate all you do for me.
- Peggy
May 23, 2011
Erick G.(5/23/2011 7:53:12 AM): good trading - nice!
Ellie C. (5/23/2011 7:54:49 AM): :) :)
Stacey S.(5/23/2011 7:59:14 AM): reentered at 48. took 2 off at 41, 1 at 31 and letting the last one ride, so we will see. have oco on since have to run. thanks so much!
Skip A. 5/23/2011 8:01:25 AM): yes! half at 25 and the rest at 11...43 total pips!
Linda G. (5/23/2011 8:19:14 AM): nice call mike
Erick G (5/23/2011 8:38:19 AM): another good day
John M. (5/23/2011 9:53:41 AM): Nice trade today - thanks.
May 20, 2011 Thanks very, very much, Mike.
I got in on three trades this week - all winners.
I didn't get in on this afternoon's 2L from Red on the eurusd - what a sweet trade that was! Thanks to you I am building confidence.
I really appreciate all your patient help. I've reviewed the chart and your insights on trend and placing orders are REALLY helpful - not just for this trade but for my overall understanding - THANKS!
John M.
May 20, 2011
Thanks very, very much, Mike.
I got in on three trades this week - all winners.
I didn't get in on this afternoon's 2L from Red 2L pullback on the eurusd - what a sweet trade that was! Thanks to you I am slowly building confidence.
I really appreciate all your patient help.
Hope you enjoy a great weekend!
John
May 20, 2011
John M (5/20/2011 8:24:50 AM): I've reviewed the chart and your insights on trend after inside candles and placing the buy limit at last bottom are REALLY helpful - not just for this trade but for my overall understanding - THANKS!
May 13, 2011
Curtis J. (5/13/2011 9:02:47 AM): +90 on euro short... nice
May 11, 2011
Stacey S. (5/11/2011 8:05:28 AM): Thx Mike - made a 15 got in at 51, sold at 40, in again at 38 - sold at 49, 59 and stopped out at 58. can't make training tonight, as it is my anniversary and have plans, so will try training again next month. I get your methodology, but it prob would be good to sit in again. Since I missed the first session of the original training, thought I would wait for next month.
Mike Radkay: glad you rebounded on trade!! welcome back!!
Ellie C. (5/11/2011 8:03:08 AM): u had a good day so far!! roller-coaster, but good
Curtis J. (5/11/2011 8:04:10 AM): tried to do this trade in futures but waited to long
Mike Radkay (5/11/2011 8:40:45 AM): okay...we will get it...welcome aboard!! nice to get the blood pumping a bit...wasnt sure on that one for a minute
Curtis J. job well done
May 10, 2011
skip a.: thank you for the what you expect. this helps me more than anything else i think, as i am always trying to think "what am i looking for" or "what am i hoping for" so as to answer the questions in advance of the events.
Mike Radkay: glad it helps!!
skip a.: so what are we thinking now? on the chf
Mike Radkay: thinking usdchf is exhausted after 4L range run up to 8820 (sell or do nothing...i choose to do nothing) and feel support at 8768 (buy or do nothing...i choose to have a buy limit pending here)
skip a.: it is nice to know that was just what i was thinking before you told me
May 10, 2011
Peggy R.: TY Mike, eeked out 31 pips today with your help...that helps with the disappointment of the last days. Think I'll go to the dentist for a little more fun now. :)
May 03, 2011
Mike Radkay (5/3/2011 5:23:25 PM): thanks for you continued confidence in my service!
Eric G (5/3/2011 5:23:25 PM): the only one I've made money with
May 03, 2011
Erick V (5/3/2011 10:01:48 AM): Michael I want to tell you that your education to me is invaluable. Thank you for sharing your experience everyday!
Mike Radkay (5/3/2011 10:02:08 AM): glad it is helping!
Erick V (5/3/2011 10:02:16 AM): thank you
Erick V (5/3/2011 10:03:13 AM): Next week i want to contact you to have a one on one lesson if it is possible
Mike Radkay (5/3/2011 10:04:08 AM): we will talk next week to set it up :)
April 21, 2011
Erick G: once again you levels held on the GBP - good job
April 20, 2011
Mike Radkay (4/20/2011 8:01:08 AM): usdchf approaching my 8929 sell limit
Mike Radkay (4/20/2011 8:06:41 AM): short usdchf at 8929
Mike Radkay (4/20/2011 8:07:40 AM): going to focus attention on usdchf for now canceling other limit orders for now
Mike Radkay (4/20/2011 8:09:09 AM): on this entry will begin to get uncomfortable above 8946 but looking for prices to fall to 8912 to 8895
Mike Radkay (4/20/2011 8:14:07 AM): usdchf showing good signs so far from short at 8929...looking for 8912 to 8895
Mike Radkay (4/20/2011 8:15:52 AM): taking some profit in with 10+ into it...8912 limit on remaining with a protective 8928 stop attached
Mike Radkay (4/20/2011 8:19:40 AM): have 8930 sell limit pending usdchf, going with 14450 buy limit eurusd, 10644 buy limit audusd, 7938 buy limit nzdusd and 11924 buy limit eurjpy
Mike Radkay (4/20/2011 8:21:04 AM): just covered remaining for 1L profit...flat usdchf
Susan H (4/20/2011 8:22:47 AM): Out and green...thanks!
Rich I: (4/20/2011 8:23:05 AM)very cool. mkts throw us an easy one once in a while.
April 20, 2011
Erick G (4/20/2011 8:51:31 AM): caught 20 pips on the eur/jpy - your levels were magic
April 19, 2011
Chad J (4/19/2011 6:56:04 AM): I've been following your levels for the ES and continue to be impressed at the accuracy of these levels. - Chad
Mike Radkay (4/19/2011 6:56:34 AM): glad they are working for you!
April 13, 2011
Peggy R (4/13/2011 11:46:26 AM): I'm so happy to tell you I've really understood more this week than ever, can't wait to start working together next Wed.
April 12, 2011
Chad J. (4/12/2011 8:21:36 PM): holy smokes im getting excited! its amazing how accurate these daily grids are. i started trading the ES with 5k and its no wonder i keep losing money with a 1 lot. i really think your approach is going to get my confidence back. thanks in advance...
April 12, 2011
Ron R. (4/12/2011 8:57:30 AM): flat, nice trade Mike!
Mike Radkay (4/12/2011 8:57:59 AM): would have like to have seen it go 55 bid...but i will take it :)
April 11, 2011
Michael S. wrote: (4/11/2011 9:34:52 AM): I see you and Steph as I expected taking the trading education where it should be. The two of you are a blessing to the honest people attempting to stay afloat economically in what will soon prove to be the worst global economic meltdown in history. Thanks to the international banking community
April 6, 2011
John M(4/6/2011 8:40:13 AM): Thanks ever so much - I know I am asking a mother load of pesky questions - I feel like I have the basics down - But I keep learning that I have a lot more nuance to learn - I cannot tell you how much I appreciate you patient help - seriously, thanks!
April 1, 2011
Peggy R(4/1/2011 7:30:18 AM): Yes, I appreciate the new 2 hour format for attention span, learning trading is stressful so little bits at a time are really great to prevent overwhelm, even though your style is the most user friendly I've been exposed to.
Mike Radkay (4/1/2011 7:30:52 AM): glad you like it!
March 31, 2011
Stephan G. wrote: great! thanks to you and steph for the top notch trader education services with the personal touch!!!!
March 31, 2011
Ruben G (3/30/2011 4:26:29 PM): Thanks. The 3 Currencies last night were on the spot. Very good. I just wake now here in China.
Mike Radkay (3/30/2011 4:27:43 PM): eurjpy and usdjpy still running a bit...glad it worked for you!
March 30, 2011
Mike Radkay (3/30/2011 7:45:21 AM): run eurjpy!!....taking in some profit but still running long from 11669
Mike Radkay (3/30/2011 7:45:48 AM): looking for 11700 to 11731 session top area
Mike Radkay (3/30/2011 7:47:09 AM): when you are patient...you make money...when you force it...you struggle
Ellie C (3/30/2011 7:47:42 AM): right on motto
Stephan G (3/30/2011 7:47:31 AM): tell me about it!
Richard S (3/30/2011 7:48:00 AM): Good job Michael
Richard I. (3/30/2011 7:48:11 AM): trades like these is the reason I need to build my confidence to enter more than 1 lot. It's not gonna give me a chance to add more on this one
Richard I. (3/30/2011 8:03:34 AM): nice job
Donald F(3/30/2011 8:04:17 AM): Thank you for the guidance!!!
Mike Radkay (3/30/2011 8:15:10 AM): locking in 20pips on remaining with a 10 pip trailer stop at 11689 to see if it will run to 11730
Ellie C (3/30/2011 8:15:10 AM): got out way soon, but with a PLUS - now watching yours run
Mike Radkay (3/30/2011 8:15:10 AM): need 11708 bid for trailer stop to move up to 11699
Mike Radkay (3/30/2011 8:15:10 AM): going to to bank it folks...will monitor the action the rest of the way...but i am going to sit on sidelines
Ellie C (3/30/2011 8:15:10 AM): great run Mike!!
Ellie C (3/30/2011 8:26:58 AM): tons 2 learn, and happy you're there guiding and teaching
March 30, 2011
james a. (3/30/2011 8:14:51 AM): thanks mike. got 29 pips on the eurjpy
Mike Radkay (3/30/2011 8:15:00 AM):
james a. (3/30/2011 8:15:15 AM): have a nice day
Mike Radkay (3/30/2011 8:15:39 AM): i will monitor and be around until 10a my time
james a. (3/30/2011 8:17:36 AM): cool, then i am going skiing at 10. the snow is super great right now. plus it is going to be in the 50's. cheers from sunny lake tahoe!
Mike Radkay (3/30/2011 8:18:01 AM): sounds awesome!!
james a. (3/30/2011 8:18:14 AM): it issssssssssssssssss!
March 24, 2011
Mike Radkay (3/24/2011 2:01:06 PM): about time on that usdcad ...man that took forever...all the way until the 2P PT
John M (3/24/2011 2:03:24 PM): Rode it with ya!indeed!
Mike Radkay (3/24/2011 2:03:35 PM): nice john!!
Mike Radkay (3/24/2011 2:04:04 PM): too bad we cant control the clock and how fast things go
John M(3/24/2011 2:05:06 PM): I am feeling more and more confident thanks to you - those 2 level from red and 2 leel pullbacks really do hold up - GREAT SYSTEM!!!!!!
March 11, 2011
Mike Radkay (03/11/2011 8:45:53 AM) : Don't like the usdcad opportunity at the redline...those are dicey plays 50-50
JOHN J(03/11/2011 8:45:53 AM) : learned my lesson monday on that L1 play on the redline. wasnt even thinking of the usdcad. helps to have that experience you have....
Mike Radkay (03/11/2011 8:46:44 AM) : glad it is helping!
JOHN J(03/11/2011 8:47:05 AM) : definitely
JOHN J(03/11/2011 8:47:36 AM) : wow, look at it just getting crushed....
February 25, 2011
From: Susan H.
Date: February 25, 2011 8:34:39 AM PST
To: Steph and Mike Radkay
Subject: Re: The Trading Cat
I forgot to tell you that I am remodeling a bathroom with the money I have made with you.
Thanks again,
Susan
February 24, 2011 via FX Trade Hunter and text alert service:
Mike Radkay (2/24/2011 7:16:32 AM): short eurjpy 11284 - 11294
John M (2/24/2011 7:48:28 AM): On the initial short entry on the eurjpy, why did you wisely pass on the 11270 level (a 2L entry from earlier lows) and wait for the 11294 level - is it because the earlier highs were before the US session?
Mike Radkay (2/24/2011 7:48:55 AM): yes...thats what was on my mind...
John M (2/24/2011 7:49:10 AM): Thanks.
Mike Radkay (2/24/2011 7:49:31 AM): its started pushing above 11270 as well and most times will take the higher level to place initial entries
Mike Radkay (2/24/2011 7:50:25 AM): stop moved down to 84 to lock in more oco with 70s
Mike Radkay (2/24/2011 7:52:32 AM): flat on eurjpy
John M (2/24/2011 8:04:15 AM): Walked away for a few minutes - thanks for the second comment on the eurjpy initial entry
John M (2/24/2011 8:08:06 AM): Gotta go - again thanks for both your technical and trading support - you offer truly top shelf service - much appreciated
Mike Radkay (2/24/2011 8:08:29 AM): have a good rest of the day! thanks...
February 24, 2011 via FX Trade Hunter and text alert service:
Neil Yeager@dtitrader (2/24/2011 7:52:37 AM): Good trade Mike
February 22, 2011 via FX Trade Hunter and text alert service:
Richard I wrote: (2/22/2011 9:09:09 AM): having this texting service from you has really helped me better understand your thought process, patience, etc. I'd like to think it really would have helped 2 yrs ago before I gave up...but maybe I still wasn't in proper mind to understand it back then anyway.
Mike Radkay wrote: (2/22/2011 9:12:06 AM): its all of it...i get better at what i do and you get better at what you do...needed a way to implement real-time environment that allowed me to trade at same time as well...glad it is helping...things ever changing and hopefully getting better with each change
February 22, 2011 via FX Trade Hunter and text alert service:
James O. wrote (2/22/2011 8:55:35 AM): usdcad & nzdusd hit my target took what was left off by half so riding small with trailing stop Thnks again you rts rocks . been green for month jim
Mike Radkay (2/22/2011 8:56:08 AM): keep it up!! nice!!
February 14, 2011 via FX Trade Hunter and text alert service:
Kevin D wrote: Hi mike, took class last week, first trade this morning (EUR). really like the system, much calmer and more deliberate than how I have been trading. Thanks!
David B.wrote: 2 lot light entries are much better, I was doing 1 lot feel/light moves and only getting 2 ticks cause of profit stop. now i can take half off and see what i can get with the rest. Another great lesson from Mike Radkay
Sanjeev G. wrote (7:29:24 AM): thank for guidance on yesterday, i did short on eur at 13172 and was green when i closed at 13137 as per your guidance. i made more than 3 times quarterly fee of trade hunter in one day
Ian Y. wrote: Do you expect that there will be a 4 level movement over a 24 hour period?
Mike Radkay wrote: that's what I plan for minimum
Ian Y. wrote: ok. You briefly taught about market profile in your course. Do you ever refer to that during the day?
Mike Radkay wrote: I don't have to because I see it in the candle charts...on the eurusd right now without looking at a profile in the overnight congestion around red-line to 1L up...then breakout in US hrs...giving a bit of a double distribution as its holding on the top side now...all stemming and pivoting from the midpoint now 13252 area
Mike Radkay wrote: its just a lot of years of seeing them so I don't have to refer back and forth anymore
Ian Y. wrote: That is the beauty of your methodology, it is very simplistic and easy to follow the 5 rules. I am trying to get away from other methods of watching all of the indices and indicators. It gets too confusing and I tend to miss trades
Ian Y. wrote: I shorted 1 contract on the GBP/USD and made 10 ticks. My first profit ever in the currencies!!!!!
Mike Radkay - FX Trade Hunter: nice!!...that was the way to play gbpusd to the short side...
Ian Y. wrote: TY. That broke the ice for me. Thanks for the confidence that you gave me!
December 1, 2010 via text alert service
Reese wrote: and on a good note, that just paid for our Family Christmas
workrds wrote: nice!!
Reese wrote: Thank-you for everything, I am off to get my mom from the airport, flying in from MA. Hope your days keeps going green!
November 18, 2010
Hey Stephanie
I had fun glancing at the market today and look forward to tomorrow afternoon and this weekend when I can go through the ebook. I think the ebook is fantastic and very user friendly. I enjoyed the course. I think it is great doing the tests together because I think it keeps perople engaged. This was the first time I have been able to be present the whole sessions. I think the examples help solidify the information.
I am so blessed because I think I have found the right approach to trading with you two. I need the structure you teach and how you teach it. I value your holistic approach. I look forward to incorporating it into my life.
I know you have been through the fire. I also know I see a beautiful person that has emerged the victor. We can celebrate both of their lives. At the end of my journey I look forward to visiting the gardens on the 30th day of taping like you and Mike did.
Much hugs
Katherine
November 16, 2010
I am not where I want to be, but, for the first time, after literally years of trying and spending tens of thousands of dollars, I can see light at the end of the tunnel and it is NOT an oncoming train! If you can help me, you can help ANYBODY!
Larry G. wrote (11/5/2010 9:11:01 AM Pacific): : kick me I had to leave for awhile, set target conservatively at 14072 EUR/USD, 3 contracts short, only get 700.00 out of the trade...Thanks!!...all the way to the bank...new to Forex, but I am liking berry, berry much
October 28, 2010 via text alert service
John M. wrote: (10/28/2010 9:55:12 AM PT): Why did you earlier get in on the gbpusd after a one level drop and are not getting in on the nzdusd after a one level drop now?
Mike Radkay wrote: (10/28/2010 9:58:41 AM PT): follow thru is better during first couple hrs...and people are feeling different now as london is going home for dinner and US is going for lunch...dont want to waste my time on slow action...so it leaves me wanting to wait for what i truly want
John M. wrote:(10/28/2010 10:01:01 AM): Got it. Thanks. Great class last night. Very hepful. As on Mon night I learned that I did not know some things I thought I knew and I heard more things I did not hear before. Thanks!
October 28, 2010 via text alert service
Bill F. wrote: (10/28/2010 6:40:39 AM PT): what was your entry on gbpusd?
Mike Radkay wrote: (10/28/2010 6:41:12 AM PT): posted in previous text long GBPUSD @1.5912
Mike Radkay wrote: (10/28/2010 6:53:53 AM PT): lets go gbpusd...going to lock in 10 pip profit and see if it will run
Bill F. wrote: (10/28/2010 6:55:02 AM PT): good call Michael, I'm impressed!
Mike Radkay wrote: (10/28/2010 6:56:01 AM PT): took an even 20 pips per contract on that one....flat now...thanks but i dont pat myself on the back for too long....searching for next trade ...bill cosby says; 'the difference between a pat on the back and a kick in the butt is about a foot"
October 27, 2010 via text alert service
[8:24 am PT 10/27/10] David B. wrote: "like you have said in the past, can't fight the tape. saw Eur/Usd on and ascending HH HL trend. took the star 1 at 1.3899 and cut the chord at 20 profit. going to call it a week. been awhile since I had a month like this, feels good to get some confidence back. thanks for all the help, I really appreciate it."
September 30,2010
[9:34 am CT 09/30/10] Steve S: just a note: After retake of Steph and Mikes FX class i am on 3rd successful trade since this AM
[9:35 am CT 09/30/10] Richard G: i've had 5 trades FX this morning; ...1 $20 loser; rest winners....green $1,450
September 28,2010
Good Afternoon,
I just wanted to say Thank-You very much for all the work and ongoing efforts you are both doing.
I may not be a real talkative person on IM, but I have been there and following all that has been going on.
Today (early morning) was my first trading day (Live) using your methods and I wanted to let you know I made 72.3 PIPS (no losses). I don't know what kind of a big deal that is to you or all the professional traders you work with is, but that is a huge deal to me.
Everything worked as planned, the market in the EUR/USD went basically right to the areas set by the "Grid".
I was so excited when I finished I could not stop talking to my wife about it. (It is a big deal to me since I have not traded Live in about a month and before that it was with huge failure).
I just wanted you to know that I truly appreciate all you are doing for 'us' and look forward to continued prosperity as the weeks roll by.
A Heart-felt Thanks!!!
Reese
September 27,2010
Hey Mike and Steph.
I took your August class,, was awesome,,,help me learn not just about FX trading but learned a lot about trading thinking that relates to all mkts, thanks
Mike E.
September 13,2010
Mike
Just wanted to say how much I have enjoyed your training the last couple of weeks. I was in your class and plan to do a retake ASAP as well. I traded FOREX a few years back and the group I was associated with had very limited training;hence I lost a lot of money.
I was hesitant about a second try at the FOREX, but took the step, and to my amazement using your system I am making money with the demo. I have completed my account application and think now is the time to go live.
Even though we missed your 1st hour today, I used your system and was able to pull a $300 profit using the demo!
Many thanks to you and Steph!
Keith L.
August 31, 2010,
Hey Mike.
Thank you so much for all of your help today.
You are fantastic!
I feel like I am a one on one student of yours.
I have a tremendous amount yet to learn - just to get to know the platform to say nothing of trading your system.
But your kind help is really making the process easier.
I feel like I have learned a lot in the last two days and I look forward to learning much, much more. Thank you ever so much.
Hey to Steph.
Peace,
John, Cosby, MO
August 5, 2010,
Mike,
I just wanted to tell you I think you are doing some great things! The yahoo messages have just made your great service even better! My Dad made a bit of a comeback today and it gave me a chance though to talk to him about being on the wrong side.
"It is really nice to know that they are available. I could see that a well thought out approach to Forex trading was being introduced and made available to those willing to put in the time and effort.�"
June 30, 2010,
Re: Join us for the "1st Hour Adjustment" 6/21-6/25
From: Steve M
To: Michael Radkay
The pre-set workspace is great, very time saving. I also got a lot out of the sessions, especially todays. I tend to try and trade breakouts, which hasn't worked well for me in FX, your guidence with todays range worked great. Hopefully I can put some consistancy together and keep going. thanks again.
Best Regards,
Steve M., Chicago, IL
June 22, 2010,
Subject: 1st hr adjustment videos - thanks!
From: Richard
To: Michael Radkay
Hi Mike,
I've been very busy the last few weeks and just got a chance to watch a few of your morning archived videos. It was great to get back to watching them and I wanted to let you know that you do an excellent job of discussing your rules, the markets and generally things about trading (be patient, don't force things, look at more than 1 market etc.)
Thanks again for the excellent job!
Richard, Manitoba Canada
June 4, 2010,
RE: Meetup Message RDS Trader
From: Seth
To: Michael Radkay
Hello Mike,
What a great experience coming to your event. Your approach is solid and it was so cool to watch your real time discussion of the forex in real time. My head is spinning with new ideas. Thanks for the excellent real information about the markets.
See ya next week at your event at traders expo...
Regards,
Seth, Los Angeles, CA
May 23, 2010,
Hi Mike, great webinar yesterday!!
Kathy, Valencia, CA
May 21, 2010,
Hi mike,
No problems yet, only amazement!
Even without your rules and risk management, all the other things, markets seem to "hug" you levels?
I guess that's how you made it through the pits huh?
Its truly amazing what you have here, im surprised you offered it to people.
But I guess you found yourself at such a level, that you needed to tell people how easy it is when they realize how hard it is?
This course has stunned me, 7 years on the markets no one else no one qualified enough has ever offered something like this this is amazing!
Keep showing us how it can be done, and how you can leave the 9-5 if you leave you old self hahahaha
Thanks a lot bro!
Kirk, Australia
May 20, 2010,
From: Mike D
Good morning,
I just wanted you to know that I made my first trade (USD/CAD in my practice account) this morning. I went short which was not the right thing to do. As soon as you started going over the rules this morning in the 1st Hour Adjustment I knew that I had made the wrong choice. But this was good because I realized that no matter how much you go over the training materials and the rules, some things just don�t click until you actually put it into practice. I was so focused on whether or not the activity was outside both the red and green lines as well as watching for 2 level movement that I overlooked the red and green rules telling me whether to go long or short.
I do appreciate your training materials and the morning input.
workrds (mike-radkay) sent (5/17/2010 7:02:13 AM Pacific): good morning!! audusd flipped for current sell idea 8807 up to 8829 window...middle of window 8818
charles sent (5/17/2010 7:02:45 AM Pacific): Good Morning!!! and I'm in on audusd
workrds (mike-radkay)(5/17/2010 7:03:49 AM Pacific): okay
workrds (mike-radkay) sent (5/17/2010 7:26:39 AM Pacific): audusd providing a little pain on current flip but hanging in there weathering key area 8807...prices still able to hold below 8807 key
charles sent (5/17/2010 7:36:40 AM Pacific): ok
workrds (mike-radkay) sent (5/17/2010 8:15:02 AM Pacific): audusd still in downtrend at 1L make sure you lock some profit in but price action could run us down to 8749
charles sent(5/17/2010 8:16:22 AM Pacific): I pulled out a minute ago for 28 pips..
workrds (mike-radkay) (5/17/2010 8:16:33 AM Pacific): nice!!
charles sent (5/17/2010 8:16:48 AM): thanks!!
charles sent(5/17/2010 8:37:56 AM Pacific): You were right on about the audusd..I should've hung in there!
Apr 10, 2010, at 1:27 PM
Re: This morning's call
From: Gerry
To: Michael Radkay
Just looked at the Thursday and Friday recorded sessions.....they were really good and informative. Great job!
I also like the additional 3 chart examples in your Session 5 training.
"They provide valuable information and perspective to anyone interested in the Forex. Their guidelines are focused yet conservative and can be implemented by anyone."
Apr 9, 2010, at 8:04 AM
Re: today's meeting with RDS Trader
From: Matt
To: Michael Radkay
Hello Mike,
I will definitely consider signing up - very useful information. I just made 26 pips on the EUR with your rules! Thanks for the invite! Have a good weekend.
Best,
Matt, Los Angeles, CA
Apr 9, 2010, at 7:20 AM
today's trade
From: Susan
To: Michael Radkay
Hi Mike,
Well it looks like I got out too early. I had seen the window, and I was out some money. Got in too early (I always seem to jump the gun), but took a chance and bot another at 13371, and even though I know you say wait until the trend flips, I just wanted to get out of the one that gave me the most pain. 13386, so I got out of that one at 13410. I am not sure why it is so easy to stay in a losing trade and so hard to stay with the winners. In any case, i got out of the 2nd one at 13428.
I think the mindset was that after losing and staying with the darn BP the other day for too long. I just wanted to take a profit. I still have lots to learn. Mostly how to get out of the losers.
Thanks again for the daily webinars, they are invaluable to me.
Sue, Chicago, IL
Monday, February 22, 2010 7:31 AM
From: Jay
To: Michael Radkay
Sage advice. Thanks for your forthrightness. Now I know you�re the real deal.
Cheers
From: Michael Radkay
Sent To: Jay
Subject: Re: Can you help me improve these results?
Hi Jay,
It sounds as if you have a plan in place and you have had education. I don't blame you for not wanting to shell out unnecessary dollars!! Your past mentors whether you felt they were good or bad for you (seems like the latter) helped you more than you know. I have read a little of your commentary and you are right there. You just need to follow your plan. It is not a sometimes thing, it is an all the time thing. That is the only thing that has kept me in the business!! Start worshiping the ground you walk on, not the ground that somebody else walk on...You have the answers already within you!! You know how to buy and sell and when you should buy and sell and when you should get out and when you should be done for the day. Follow it!!
There is only so many ways the markets can move (up or down) and only so many ways you could teach it.
My recommendation is for you to take your approach and look back and see when the best opportunities hit. That may be only once per day on the e-mini sp's. If that's not enough apply it to another market and take the best opportunity there to give you another possibility and so on and so on until you give yourself enough opportunities to give you your end result. Don't invest your money on iffy ideas just to trade.
You don't go out and invest dollars in a house, just because you need a place to sleep, you buy one because you want to create a life there and opportunity is all around you. Otherwise just keep renting until you find it.
Keep in touch,
Mike
February 17, 2010
From: Richard
Sent: Wed, February 17, 2010 5:04:58 AM
To: Michael Radkay
Hey Mike,
Just wanted to say that I appreciate that you are archiving the 1st hour adjustment sessions....they come in very handy and I usually only listen in the evening or 1st thing in the morning.
Thanks again...they are a great resource and thanks for the commitment you and Steph have to putting them on every day.
Take care,
Richard, Steinbach, Manitoba
February 15, 2010
From: Mike S
To: Mr. S.
Sent: Mon, February 15, 2010 1:34:08 PM
Cc: Mike Radkay
RDS Trader Education Hello Mr S.,
I am forwarding my buddies education site, Mike is one of the best in the business and whether you are interested in currencies, or futures I am confident he will be able to suit your needs.
Take care,
Mike S., Chicago, IL
February 15, 2010
From: Davis
To: Mike Radkay
Sent: Mon, February 15, 2010 10:21:33 AM
Subject: Re: transfer
Yeah, Fxsolutions UK has solid back office operations.
Davis, Bergenfield, NJ
February 4, 2010
From: Gerry
Sent: Thu, February 4, 2010 11:31:37 PM
To: Mike Radkay
Hi Mike,
Just want to say thanks for giving me a kick in the ass this morning! I really needed it. To me, it's the essence of a great coach to be able to be direct when the occasion calls for it, while being respectful at the same time. You did a good job with both. I took it the way it was meant to be taken, so please.....no bother to explain anything should you feel compelled to do so. You held my feet to the fire and it was the proper thing to do :-)
Thanks again for this morning.
Gerry, Lake Oswego, Oregon
January 25, 2010
Mike your 1st hour adjustment is excellent, thank you for you efforts !!!
John L., Las Vegas, Nevada
January 21, 2010
Hi Mike and Stephanie,
Almost exactly one year ago I met your Dad, Stephanie, and I am so glad I did. He asked me a few questions; do you have time, (I did at the time), do you have Patience, do you cry easily, do you play sports, I think you know the drill. Then he pointed me in your direction, and I am glad he did. I have to admit I must be a slow learner, slow but steady, not willing to give up and learn how this works.
Well, I have learned how to lose a lot of pips. and how that affects me. I have gone almost 2 weeks with a profit everyday, (I have tried to include my hubby), and today was the first day I ever made 100 pips in one market, (took a loss in Canada even though I was long at 68/72), and most importantly, today was the first day I put stops in (1 level above) for all my positions and entered orders to close positions. While I still was a bit nervous, I felt good knowing what my objectives were and had those covered. I wanted to let it run a little bit more, but was affected by other matters.
Thanks again Mike and Stephanie for all the help and advice and quick response to all of my questions.
Sue, Chicago, Illinois
December 28,2009
You Tube Interview - "RDS Trader has helped me tremendously by giving me structure, patience and discipline. I highly recommend it."
December 28,2009
From: Jeffrey S.
To: mradkay@rdstrader.com
Hi Mike,
I would just like to share with you that today was the best day I had in months. I capitalized on 2 trades and ended the day up $1800. Getting that account with FXSolutions UK with RDS Trader as the IB has been awesome b/c it has given me the confidence to trade both the forex and the the futures market using the RDS Strategy with your guidance. I am first making sure I know the RDS market moods of all the markets, plotting my levels and once the market moves to Rule 2 , I'm asking myself, "if I place a resting order at our pullback point: (1) Am I at or above (longs)/ below (shorts) neutral and the previous day's homework line? (2) Does my resting order coincide with the overall mood of that contract? and (3) What size can I trade where I will risk 1 RDS level to make 1.5-? I feel that if I continue to do this, I will make money. In addition, If I enter, take a half or full RDS level out of the resting order that was hit, I can now place another order at star 2 (Rule 3) since the market has most likely put in a RDS Window.
Thanks for all of your help over the last 6-8 months!!!
Jeff, Chicago, IL
December 28,2009
You Tube Interview - "RDS Trader has taught me to minimize my losers and let my winners run. Mike is a fantastic teacher!!"
David, Chicago, Illinois
November 25, 2009
"I was able to turn a profit the 2nd day and several consecutive days afterward."
"I am amazed as you know how simple you made your system. I had been losing many, many days prior to your training and system. While I am not fully disciplined to trade it most effectively, I was able to turn a profit the 2nd day and several consecutive days afterward. I needed some simple but Identifiable parameters (boundaries) to trade in. .I always look forward to your follow up calls after the trading day. I think you are straight forward about mistakes, yet you have a very positive attitude, toward what I am trying to learn and achieve. I believe that a disciplined execution of this system will serve me well in the future. I think the training calls are very valuable to me because I feel a sense of accountability. It is odd but it is an added incentive to be able to tell your coach that you did your best. For me this translates into a desire to maintain my discipline and I look forward to looking at the Charts and discussing where I entered or exited and taking a look back on the charts. Honestly, I have really enjoyed the training thus far. I look forward to the remainder of the sessions. I feel as if I have grown as a trader in a very short period of time. I am more relaxed, because I have boundaries to trade within and; therefore, I have more confidence in the trades I make and don't make. Thanks for the hard work; I can't believe that you take time from your trading to do it. I think this speaks volumes about you as a person. Someone that not only takes from the market, but gives it back."
Brian, Edmond, Oklahoma
November 15, 2009
"A hybrid approach of Fundamentals and Technical solutions are applied to the Markets making RDS Trader a very Ergonomic application to the Futures and Foreign Exchange Markets."
"Mr Michael Radkay of RDS Trader is very dynamic and applies Thoroughness in teaching of his application RDS Trader. A hybrid approach of Fundamentals and Technical solutions are applied to the Markets making RDS Trader a very Ergonomic application to the Futures and Foreign Exchange Markets. RDS Trader's Structure accommodates traders of all Skill levels. The Nucleus of RDS Trader is the Support Michael and Stephanie Radkay offer which is High Standard. RDS Trader is a Reflection of Michael and Stephanie's experience and blueprint to Success. I look forward to keeping my Relationship with RDS Trader and the results that will come forth."
Joshua, Sydney, Australia
September 29, 2009
"I use RDS to get a picture of the day and see where I want to be."
"I have had four winning months in a row and only two losing days in this time. I have learned I am a contrarian trader and I use RDS to get a picture of the day and see where I want to be. Thank you for teaching me the cycles of the market. Like when you were instructing me, patience and discipline are still important. The only time I even get near trouble is when I know that I didn't wait for the window to open. I've learned to wait, wait, wait! Thanks again for showing me the market."
Roger, Chicago, IL
August 18, 2009
"Learning how patience is such an integral part of this endeavor."
"The Value Added of RDS Trader:"
"Has provided me with an objective way to view multiple markets.
Given me a game-plan for each trading day, which provides me the confidence to execute.
Through their mentoring I have been better able to understand myself and how to react to what the market is showing.
I no longer see what I want to see, I utilize their system to see what the market is providing and to then execute accordingly.
They have taught me how to trade within my own personal comfort zone both mentally and financially.
Learning how patience is such an integral part of this endeavor."
Craig, Chicago, IL
March 15, 2009
"The window of opportunity segment is priceless."
"I have noticed that your daily, previous day, 5 day and year to trade flip prices are very important levels. I have had some success this week waiting for prices to pull back to these levels for buys and approach these levels for sells. BTW , the window of opportunity segment is priceless."
Darrell, Washington, D.C.
November 4, 2008
From: Richard
To: Michael
Subject: Thank you
Hello Mike. I just did a google search on you and looks like you've really expanded your coaching business. Congratulations! I hope all is going well. I just wanted to drop you a note of thanks...I got back into trading about a year ago. I've been trading the mini-Dow and having a good year.
Along with patience and learning to ride my winners, the insights you gave me years ago regarding identifying market trends and retracement levels have really helped me.
Your tremendously long streak of profitable days (what was it? 3 years? more?) has also always inspired me to emulate you.
(I had just one losing day during the turmoil of September and October.)
Please say hello to Stephanie for me. Barbara and I are still in Phoenix area...3 sons and doing well.
Thank you, again, and best of luck with all your endeavors!
Rich, Phoenix, AZ
April 17, 2008
Subject: Done for the day
From: Danny
To: Michael Radkay
Hi Mike
I profited $761 this morning and it isn't even 830AM! For the week I have profited $1341. So unless there is a major mental collapse tomorrow (not planning on that happening) it should be a profitable week- I am done for the day. I plan on turning off my trading system and take it easy for the rest of the day. I wasn't expecting a profitable week for awhile after I started so I am pretty excited. Thanks and have a great weekend!
Danny, Denver, Colorado
September 26, 2007
Subject: Today's Trade
From: Richard
To: Michael Radkay
I really believe in this system. My ultimate goal is to train and trade full time one of these days. I have really enjoyed working with you so far and look forward to further opportunities in 2008!!
Take care
Richard, Manitoba, Canada
May 24, 2006
From: Ryan
I made the whole trip back on 3 lots on the island reversal in gold...lollol I hope you caught that move!! I am still working on gettin the CQG, but the new computer with two screens is up and running. I am about a day or two away from CQG then I can really start doing the homework and trading at night. Spending time with you really helped me out alot not just from a technical background, but from a practical background as well. I feel more mature as a trader after spending time with you and am very excited to take my trading to another level. The past two weeks have been two of my best and I think the main reason is I am focusing on being more patient and gettin out of losers quick.
I hope your trading is going well too. I am trying to plan another trip out there for a long weekend not for trading, but for partying....lollol I had a blast out there and I am bringing a wing man this time, but I will hope to def meet up for a dinner.. I am glad to hear from you and once again sorry that I havent contacted you. I will stay in touch!! Hope you have a great Memorial Day weekend...
Ryan, New Jersey
March 31, 2006
From: Curtis
To: Michael Radkay
Subject: RE: update
God Bless Mike,
I was just checking my hotmail a.c. as I have different e-mail accounts and I didn't realize you e-mailed me this message. I can't tell you how grateful I am that you are looking over my shoulder. I am SO VERY GRATEFUL!!Please feel free to do that for me at anytime. You guessed correctly. I was trying to recover my losses with one fell swoop. :-) Oops!! Didn't work. So I'm back to 1 and 2 lots and will patiently keep on plodding along until, by God's grace, I get better. I am so happy you sent me this e-mail. I didn't want to bother you with too many questions so I'm trying to save my questions and only contact you when absolutely necessary. Mike, thanks so much sir. God bless you! I really appreciate this e-mail. You can't imagine. I'm sorry I took so long to get back to you. I don't check my hotmail account often enough. I'll start doing that. My work e-mail is the one I check every minute of the day
Again, thanks so much,
Curt., New York, New York
March 30, 2006
Michael Radkay wrote:
To: Curtis
Subject: update
Curtis,
Not that I want to be BIG BROTHER watching over your shoulder, but what's going on??? I'm guessing......but it looks like you are thinking about the big time and trying to move forward too rapidly with 10...15 and even 20 lots...You can't concentrate on market flow and buy and sell decisions when all of your focus is on the money!!! I don't have to tell you that your account has suffered, but if you are trying to get money back in one full swoop that is most definately a dangerous frame of mind!!! maybe some R&R is in order....to clear your head
keep in touch,
Mike
September 23, 2005
From: Shane
Subject: Friday trades
To: Mike Radkay
Hi Mike,
Just wanted to let You know I completed my daily setup spelled out on the material and grabbed a nice 44-tick winner. This is one of my largest trades ever! The course really helped me identify targets and feel comfortable allowing it to run. Next quarter should look a lot better than this one.
Thanks for the help! Have a good weekend.
Shane, Chicago, IL,
Live Trading Education
» Would you like to have a 20 Yr. Professional Trader/Mentor in your corner real-time? We train you to be the Master not the follower...
» Payment includes all 7 Levels of Support and Software needed.
After unlimited e-mail support while an active student (Level 1 outlined below) and 3 months of attending the Trade Hunter Class (Level 2 - below), applying the strategy with Yahoo IM alerts (Level 3 - below) and using the web-tools (Level 4-7 -below) you will:
1. Have a strong command of the recommended professional trading platform and charts. Buy/Sell Limit, Buy/Sell Market, Buy/Sell Stop, One Cancels Other (OCO), Trailing Stops and FIFO Hedge Orders
2. Understand what moves prices up and down through "Fundamental Analysis".
3. Understand how to time and adjust "Long, Short or Out" with Scale-In / Scale-Out or All-In / All-Out Techniques using our view point of "Technical Analysis."
4. Understand the two approaches your opponents follow "Momentum vs. Contrarian" and discover which one is for you.
5. Understand the "Best Times to Trade" and "Avoid".
6. Have a thorough understanding of our 5 rules; the "Homework Rule" plus "4 Intra-Day RDS Strategy Rules"
7. Understand the Proper Contract Size for Your Personal Account Risk/Reward Tolerance to Help You with "Scaling-In Scaling-Out" vs "All-In All-Out" Techniques
8. Be given "Peak Performer" tips along with mind-set tools to keep the body, mind and spirit working in harmony with the "fear" and "greed" that you will be exposed to while "trading".
9. Receive "Proprietary Tips" and "Fast Track Short-Cuts" Mike has acquired throughout his 18 yr trading career from big picture Swing Trading to Intra-Day maps to help guide you to become an independent thinker and decision maker when it comes to participating in this game we call "The Markets".
10. Have the Confidence to Risk Real Money and Be Able to Use These Practical and Useful Trading Tips the Rest of Your Life!
Your payment includes unlimited e-mail and yahoo IM support direct with Professional Trader and Educator, Michael Radkay. Topics will adjust to your level of expertise and range from beginner to advanced and from Forex to Futures.
Our 5 time tested rules will unlock your potential to profit in up markets as well as down markets. We will simply help you implement the rules and identify the best trade set-up specifically using the spot (EURUSD, USDJPY, USDCHF, GBPUSD, EURJPY, AUDUSD, USDCAD and NZD/USD) as examples. Our information and methodology is transferable and successfully proven throughout all sectors within our market list.
Timely alerts with Chart SnapshotsM-F, 6:15a - 8:15a PT (q/a after via email): During the session we will provide trade set-ups, live trades we are taking (long, short or out) and support and resistance zones as the action unfolds for the spot: EURUSD, USDJPY, USDCHF, GBPUSD, EURJPY, AUDUSD, USDCAD and NZDUSD. Sign up for Yahoo Messenger (free download, Yahoo email address is not needed) and add "workrds" to your messenger list.
Professional Trader and Educator, Michael Radkay, talks about set-ups and explains to you how he implements the 5 rules he uses as the action unfolds for the spot: EURUSD, USDJPY, USDCHF, GBPUSD, EURJPY, AUDUSD, USDCAD and NZDUSD. Check the events calendar for the dates.
Proprietary Support and Resistance Grid for 10 spot FX and 20 Futures Markets and 30 Market Yearly Grid (for big picture swing perspective). We update the levels daily Sun. thru Thurs. by 7:30p Pacific and are valid until 2p Pacific the next session. (24/7 Username and Password Access)
Market List Spot: EURUSD, USDJPY, USDCHF, GBPUSD, EURJPY, AUDUSD, USDCAD, NZD/USD, EURGBP, EURCHF; Futures: E-mini S&P500, Dow, Russell, NASDAQ, 30 yr. Bonds, 10 Yr. Notes, 5 Yr. Notes, US$ Index, EUR, JPY, GBB, CHF, AUD, CAD, Corn, Soybeans, Wheat, Oats, Oil and Gold. We archive the levels, if you wish to back test their performance.
Special Note:
FXAccuCharts users only; we do the homework for you and place our proprietary levels on all 10 FX markets we cover; EURUSD, USDJPY, USDCHF, GBPUSD, EURJPY, AUDUSD, USDCAD, NZDUSD, EURGBP, EURCHF. Download the chart template each evening after 4:30p PT and levels are valid for the next session until 2p PT the following day.
Pre-market preparation tool built in accordance with the support and resistance zones on the 30 Market Grid to help you gauge and adjust proper contract size relative to your personal account value, risk/reward objectives and time tolerance. The Risk Calculator was designed to enhance your focus on price potential rather than the emotions that money brings to your trade.
Highly Acclaimed newsletter(delivered via blog or rss feed bi-monthly). The newsletter offers investment tips and tricks to help keep you on the right side of the market and the right side of life. You can view our archive of newsletters by clicking on "Overtime" in the menu bar above.
Money Back Guarantee: If RDS Trader LLC does not provide and deliver what has been stated in Support Levels 1-7 outlined above the client is entitled to a refund up to but not exceeding 100% of payment for the items deemed not to have been delivered. During rare times RDS Trader LLC's computers, platform software, website hosts, GoToMeeting webinars/meetings, internet connectivity, Yahoo Instant Message and recordings do present challenges. If for some reason you are unsatisfied with the level(s) of service on a particular day (within 24 hour notice) due to a technical glitch on RDS Trader LLC's end only, we will offer a proportionate refund for the problem. A refund will be determined by dividing the monthly fee by 20 (typical amount of trading days in a month) divided by which level(s) of support were disrupted to calculate the amount of the refund awarded.
All payments made are final. We provide no guarantee that you will be profitable by using the web-tools and/or education materials presented on this website. Due to the number of sources from which the Content and the Advice is obtained, and the inherent hazards of electronic distribution, there may be delays, omissions or inaccuracies in such Content and Advice and the Web Site. THE CONTENT AND ADVICE ON THE WEB SITE IS PROVIDED "AS IS", WITHOUT ANY WARRANTIES.
We follow the U.S. Holiday schedule plus we will be off the air 2 weeks per year (pertains to support levels #1,2,3,4). Website tools #5,6,7 will be updated normally M-F. You will be notified of these specific days in advance. There will be no refunds offered for these days.
Futures, Foreign exchange (Forex) and contract for difference (CFD) trading carries a high level of risk to your capital with the possibility of losing more than your initial investment and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary. The material on this website is intended for educational purposes only.
RDS Trader LLC
6038 Carlton Way Unit 107
Hollywood, CA 90028
213-784-0887
![http://rdstrader.com/eurjpy072811.jpg](="http://rdstrader.com/eurjpy072811.jpg){kind=link}
