Hi hermanhess,
there are a couple of guys on FF still trading (albeit not reporting) the BW system. Especially isto, who started one of the threads, is still active -as are others.
But Profitunity is more of a complacent method (or toolbox) for senior traders - even on short TFs, than a method for young guys shooting for quick bucks. You don`t have your fingers at the trigger, its no video game. Instead you carefully set your pending orders - and let the market work! Like Ichimoku its a self contained complete system (batteries included) which has everything in it that you find otherwise in separate methods. And as a topping it has the reverse pyramiding MM, not the fading out of positions. It really looks for a market (underlying, pair) that shows first signs of a trend, tiptoes with small sizes into this markets (66% failures), but on successful entries these already grow before the first real trend-momentum signal is showing. Now (and after each retracement) you add to your position - till the trend has bent.
Comparing Profitunity style of trading reminds me always of my first lessons in driving, flying (PPL) or sailing: Don`t force it too much, small corrections at the right time - let the Beast/Bird/Maid do her best and....ride the trend!
Which TF? The higher, the better(economically) but if you can`t jump there on a trend - go lower till you find a trend. Once found stick - and in a late phase check with the higher TF and preferably jump on this if it shows now a trend. I never look at two TFs at the same time.
Profitunity is easy, but must be learned, its only a couple of basic rules, but numerous basic combinations of those - which must be mastered. Reading the FF threads showed me that most of the posters hadn`t learned the first ones - and hadn`t even noticed the latter ones.
Regards to this georgeous community
indo37