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DiNo

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Posts posted by DiNo

  1. I thought to have here some discussion because there is no a single chance that his methodology will be revealed here or anywhere else for one of the reasons: either it is total fake and there is nothing to show, or Benny is the best trader of the century and his methods work so well that no one of his students under any circumstances would share his methods. Why would they want it, they even do not need any forums to visit. So the only chance is to discuss what we might know about it and assemble as much as possible from very limited sources of information. First, is it really possible that he squeezes from market as much as 60-80 pips per day and besides did not miss today's huge fall in some currencies?

    He is not a directional trader i.e. does not have directional bias and earns pips as long as market at least moves in either direction. First I thought he hedges but now it seems he does it in more tricky way like turning with the market flow. He uses something like grid-based trading with martingale money management, but his martingale does not cause unlimited losses, somehow he controls it. It means if market did not behave "well' he would apply that technique to recover losses. And no indicators on his charts, but pays attention to S/R and maybe Fibs. He call his approach as a forex "game plan", because it is not a system but methodology about what and when to do. Honestly if everything about him is true it would be worth to pay 7,500 for mentoring, but soon he will double the price. He explains it because of dollar drop, but I'd call it rather greed, because all countries suck now. I would not advise to enroll to it anymore, because it is too late and price must be reduced actually. Why? Because sooner or later leakage of the "secret" will happen, or another genius would discover his methods by occasion therefore everyday the course value effectively decreases, like worn cloth. Whatever, if you want to add anything what you know about his methods (if they are real) you're welcome to share your ideas and/or information.

    Thanks

  2. Re: McDaddy Trading course -Price Behavior

     

    Interesting that McDady approach is an opposite to an approach promoted by Craig Harris. First of them wants to buy higher high and short lower low and the other guy wants to short near highs and buy near lows. Both claim that their methods are the best and highly profitable and they have high percentage of profitable students. None of them actually would show results of system performance but charge a lot and almost same amount. Though they have different preconditions which would signal market entry. Both are mostly intraday traders. Pursue just one of these approaches, which would fit better your mentality.

  3. Re: Craig Harris-Forex Education

     

    Did anyone ever get this system ?

     

     

    Does anyone know how he uses moving averages ?

     

    I think that his (Craig Harris) natural flow approach has excellent perspective but I am concerned that he is not willing to show his "performance/live trading" results. As for me I'd like to build my own system based on his NF discovery, and not just blindly copy his trading rules. There is no guarantee that his rules will fit my mentality. But overall I like this NF thing. Regarding MAs I can only speculate that he could use it as a directional filters (like higher profit targets in trend and lower profit targets in counter trend) extrapolated from few time frames but because I do not use MA at all I do not care about exact numbers.

    As an example how people could build a system around his base NF idea look through this thread:

    http://www.forexfactory.com/showthread.php?t=211188.

     

    And sorry I could not give you a straight answer on your question.

  4. Re: My Gift 4 U - New Holy Grail - Tested & Proven for 37 Year

     

    Hi William, I am intrigued too with your gift. Please let me try it.

     

    1. Ocean Theory + TS indicators
    [url]http://www.indo-investasi.com/viewtopic.php?f=51&t=4830[/url]
    
    2. Matrix book
    [url]http://www.indo-investasi.com/viewtopic.php?f=19&t=2240&start=50[/url]
    
    3. Bill Poulos FIE 1 trading course
    [url]http://www.indo-investasi.com/viewtopic.php?f=19&t=1053[/url]
    
    4. Intermarket trading strategies book
    [url]http://www.indo-investasi.com/viewtopic.php?f=51&t=4502[/url]
    
    5. Ed  Ponsi FX Educator trading course
    [url]http://www.indo-investasi.com/viewtopic.php?f=19&t=3367[/url]
    
    6. Dynamic trading indicators book + ValueCharts indicators
    [url]http://www.indo-investasi.com/viewtopic.php?f=51&t=4562[/url]
    
    7. High Probability ETF trading book
    [url]http://www.indo-investasi.com/viewtopic.php?f=51&t=4767[/url]
    
    8. Momentum direction and divergence book
    [url]http://www.indo-investasi.com/viewtopic.php?f=51&t=4501[/url]
    
    9. Trading regime analysis book
    [url]http://www.indo-investasi.com/viewtopic.php?f=51&t=4499[/url]
    
    10. Encyclopedia of trading strategies + software
    [url]http://www.indo-investasi.com/viewtopic.php?f=40&t=3750[/url]
    

  5. Re: Market Matrix

     

    Juz ignore him,he will regret as every dog has it day in the sun.When he need help!!!!!!!

    Anyway we will able to find it here sooner or later with or without his help.So why work-up over such passer-by.

     

    He may be ignored, but the fact that he could be getting excellent trading systems and ideas from this forum with such ill attitude cannot be ignored. Besides, because of him, I will not be able to share Nexus for a while, at least in open way. Regarding Matrix itself, I am not sure why it is considered better than the last R.Miner's book. Both of the methods would give similar signals, just in different ways.

  6. Re: I will be out if there is no EAs

     

    Well i am still prefer manual trading, is still best. Market condition always change, those ea claims to have superb backtest results are just scam.

     

    At first everyone also incurred a loss, but remember MONEY MANAGEMENT is important, don't just think if you have $500 in your account you can trade 0.1 or 1 mini lot. Unless you are experienced trader that's another story, trading is actually very easy.

     

    Because you have losses, you will keep searching for holy grail ea, stress everyday but still can't find perfect ea, while you are still in trauma for trading live, i guess you need to clear off your fear. Takes 1-2 week practise and practise on demo, remember don't be greed over the amount you get in demo and jump into live after 1 - 2 days. Demo with the amount of your intended startup account. I suggest start with $250. Well i don't say you can only start with $250, you can start with any amount just as you wish.

     

    You can start with only $250 and to start with choose the easier currency EURUSD, because most broker can offer lower spread for this currency, and don't be greedy, play 0.01 to start ur time.with.Understand support and resistance is the best. DON'T ever listen to your broker analysis, chief strategist, free forex analysis, forex instructor and also they have been in trading 20-30 years. Thank goodness, i am myself won't be so free like them to do such thing, everybody busy trading. Just don't listen to what analysis, they have live proof etc etc. Those just wasting your time.

     

    You will succeed if you overcome all this fear, just relax and take your profit, don't be thickheaded to believe that the market will go according to your gut feeling, take profit when possible that is consistency.

     

    If you compound that small little profit then it will be big amount. You are trading in US DOLLARS, which is a lot in your currency.

     

    REMEMBER: keep practising, DON'T BE GREEDY AND CONSISTENCY.

     

    Well, I still think you can program market changing conditions. What actually can be changed in market? Direction, ranging/trending, volatility. I do not see a reason why it cannot be programmed. Unless you have to deal with such discretionary things as trendlines, S/R levels, Fibonacci levels, chart patterns, etc, EA is doable. For instance, I cannot find a good way to backtest discretionary approach, and backtesting is important. .

  7. Re: Who is a better trader?

     

    My answer: neither, i.e. they will tie without the fight.

    None of them had guts to ever place a trade in person with real money. If they were doing poor and you saw that, then would you buy their material? I guess no. So, they are still smart keeping that way and no risking with their reputation. But as teachers both of them are good.

  8. Re: AbleTrend 7.1 Realtime

     

    It does not work because the setup was expired on 01.01.2009 and newer one was never available. Try to change your PC clock back to 2008 and you may succeed. But do not regret much because it does not have a real secret behind, if you do not believe look a Tradestation code for it which was shared before. Many systems here are more proficient and interesting. Do not waste your valuable time, if something cannot be easily installed just move on for an alternative, for instance, Blue Wave indicators or older eAscTrend version 6.

  9. Re: I will be out if there is no EAs

     

    EAs dont usually work

     

    Well, elaborating this statement there is one thing why one should still pursue EA, even if it is difficult to find a profitable one in long run. EA can and should be back tested, all manual systems without back testing are quite risky and usually will lead to losing positions. Only solution is to scroll back a few time periods and apply it manually without cheating.

  10. Re: I will be out if there is no EAs

     

    Probably you could survive if you set at the same time your profit target and stop loss. You enter somewhere between those points though be sure you have at least ratio 2:1 in favor of the profit target. Where to put those points? Former swing low/highs, round numbers, Fibonacci replacements/extensions, pivot points and particularly if three or more have confluence. Whatever happens do not move those pre-calculated lines. And avoid big volatile days and news days.

  11. I was not sure where to place this excellent book on designing and evaluating trading systems: here or in e-book section.

     

    http://rapidshare.com/files/180253709/ETS.rar

     

    And more important: here is a rare software supplement for this book. Warning: you must know c/c++ language to use it. Soft can be used in Windows, but originally was designed for Unix/Linux. There is no nice GUI for this software, so you must work with in a console terminal. But you have source code so modify it for your needs, create your own GUI, make your own formulas.

     

    http://rapidshare.com/files/180256707/EST_SOFT.rar

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