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tmaccorm

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Posts posted by tmaccorm

  1. Re: [Req] Omegavus

     

    Thanks for the comments. No offense taken.

     

    Here is the link for the request that was posted originally in this thread:

     

    http://profitableforextrading.com/limited-offer/

     

    The offer is from a trader who goes by the name Omegavus, but whose actual name is Carlos Diaz. I'm not sure how the name of Yokiro got into the mix, but I'm pretty sure these two people are not one and the same.

     

    Anyway, thanks for the clarification. Much appreciated. This forum is a terrific source of valuable information, not only for guiding us towards stuff that's helpful but for helping us to stay away from stuff that is very unhelpful.

     

    Regards.

  2. Re: [Req] Omegavus

     

    Not sure who is being referred to in these posts as it looks like the request was for work by Omegavus or Carlos Diaz, whose offer is in the link provided by the initial request.

     

    I'm confused: who is this other person being referred to as I don't see Mr Diaz as a scam artist. At least, that's not the impression given by his web offer nor by anything else he has posted on the net.

     

    To be clear: I have no affiliation whatsoever with Mr Diaz or his offer or offers. However, it seems unfair to me that his name is being placed in the same posts alongside soemone else who has been experienced as a scammer.

  3. I don't have an issue with any of the traders affiliated with forextradersdaily.com. I do, however, take issue with their marketing, which I feel to be deceptive and underhanded. I recently subscribed to a brief trial of a service they had advertised to spend time with one of their traders, Derek Frey. The sign-up page presented two options, one of which required payment of $20. I paid my money and attended five or six sessions of trading with Derek. Assuming my trial had run its course I left off logging in to the service, but was surprised recently to notice on my VISA statement that I had been billed $299 US for ongoing services (one month) with forextradersdaily.com. I had no idea that I was going to be billed on an ongoing basis (they never sent me a receipt for my payment) and when I wrote to them they responded that in their small print I had agreed to pay such an amount on a monthly basis. I returned to the site and noticed that in their microscopically small print I had indeed agreed to such an arrangement. I accept that I must've done such a thing but take exception to the way in which this trial was presented to prospective attendees to Derek's daily sessions. Most other services present such information in a far more upfront manner rather than hiding such an agreement in tiny print at the very bottom of the page. (In fact, I did look to see if I was committing myself to an ongoing monthly service but saw nothing to this effect.) If the service pretends to present itself as one that operates with integrity and transparency, then you have to wonder why they would market themselves in such an underhanded and what I experience as devious manner. This reflects poorly on forextradersdaily.com, suggests a serious lack of professionalism on their part, and in turn only adds to the shady reputation of the spot forex industry in general. I asked for a refund, of course, but this request was rejected outright. The response I received was that my subscription would run for the entire month regardless of what I thought and in effect too bad so sad. I’m left wondering: if you're proud of what you have to offer, then why market it in such a questionable and underhanded manner. In the end, it leads any prospective subscriber to wondering what else they might have to hide.

     

    edited and moved :) K

  4. Re: Luminous M1 GBPJPY Strategy

     

    Thanks for this strategy.

     

    At the risk of complicating it a bit, I'd suggest a bit of a buffer to filter out the little feet that step over the line but have no intention of going any further.

     

    Here's an idea:

     

    The same 200 simple moving average of the high and the 200 simple moving average of the close. If it makes it through there, then it seems you might have an improvement in success rate. You also have to look at previous support and resistance, as well as the direction of the 200 SMA and its angle.

  5. Re: Accurate Scalper system

     

    Having some success with Perky Scalper system in the Asian session with AUD/USD. Just go for 5 pips, take half off the table and set stop at break even and maybe get another 5, sometimes more. The best thing I find about this system is not so much the trades it gets me into but the ones it keeps me out of. Sometimes the decision to save money is wiser than the decision to try to make it. Thanks for posting this system and to Perky for sharing it.

  6. Re: Price Action, Naked trading only

     

    Not sure if there are other posts regarding Phil Newton, but this seems to fit with the naked trading/price action thread. The link indicates that it's all about trading breakouts but in fact it's all about support/resistance and simple price action (higher highs, higher lows, etc.) This is really very good and merits watching more than once. Here's the link:

     

    h**p://transcripts.fxstreet.com/2009/07/trading-break-outs-and-other-market-views.html

  7. Re: HI-LOW STRATEGY

     

    A variation on this strategy is to bracket the first 30 minutes of the day's open -- U.S. market, for example. This can be seen as setting the tone for the day i.e., above the high of the first 30-minute bar look to be bullish and below the low of the first 30-minute bar look to be bearish. No trades within this range. Wait for confirmation of a break-out of the opening range and use the opposite bracket as your stop loss, depending on the kind of risk to reward it offers.

     

    -- 23 Aug 2009, 23:00 --

     

    Check out the following for a free guide on this strategy as it is used for stockmarket:

     

    hxxp://scans.marketgauge.com/GetOReBook_step1.asp

  8. Re: [req] The best indicator ever invented...?

     

    Well, well, isn't that interesting. Looks like the best indicator ever invented is a close above/below the simple 50-period moving average. Paint the bars blue above the 50 SMA and red below the 50 SMA, and you now have what is being marketed as the best indicator ever invented. See attached image on 15-minute time frame. Not to say that it isn't a good indicator, but it's even better marketing. Hmmm.

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