luc33x

LOL I like your joke ...

The so called "channel" in the ptzero system is nothing more than a 5 sma (high/low).....

Hello ianf0ster,

Why are you such a creative fantasizer ? If you are the real ianfoster, being a MAX graduate, you perfectly know the pip counting is not made as you describe. It does not depend on the trade size but on the number of scales-in made along the trend, with a very strict risk control. This is a completely different point. I see only 2 possibilities : either you are not the real ianfoster and consequently, you don't know what you are speaking about, or you are the real ianfoster and then, I don't understand your behavior. Have you correctly understood the MAX Trading System ? Are you still struggling with it as obviously you seem to struggle with the MMM? I think so otherwise you would not jump from one method to an other one then again an other one, and so on. Doing so, you are losing credibility ! Do your homeworks instead.

Eusebio did what regulators defined as "creative accounting". So if he entered at 1.2920 and got out 1.2980, the price on chart may moved just 60pips. But he will use a mini-lot account and counted $1 per pip. If he bought 30 mini-lots at 1.2920 and 20 mini-lots at 1.2930 and 10 mini-lots at 1.2940, and exit all at 1.2980, ........ he would count (30 x 60) + (20 x 50) + (10 x 40) = 3200pips! The price only moved 60pips but he booked "+3200pips". If he counted in standard lots, then it would be much less. If he counted per chart movement, that true pip count is only 60pips. And for stop loss, he said he used 25pips stop. But he don't use the same rules to count stop losses, because if he did, the initial entry of 30 mini-lots at 25pips stop would amount to -750pips loser. So using creative accounting, he can say "I risked only 25pips but made 3200pips".

 

Creative accounting allowed him to claim hundreds and thousands of pips every day.

Steveg, why do you only watch eurusd ? You risk to miss the main action. If some pairs do not move as "expected", this means the action is on other pairs. Have a look at some of crosses : eurchf, eurjpy, gbpjpy, cadjpy, gbpaud, eurnzd, gbpnzd, nzdcad, audnzd, nzdusd, and some other majors : audusd, usdchf, nzdusd. More than enough opportunities.

How are folks doing with their trading, MMM or otherwise?

 

At this juncture (5:13 A.M. Pacific Daylight Savings) EURUSD made a strong upward move preceeding the London open, and then oscillated in about a 20 pip range. I am not referring to the MMM "blue box" which terminates a while before the London open. The strong upward move is supposed to be, or is often interpreted as a market makers' manipulated move, which may be a "fake" move designed to trap traders before the real move ensues. Or it can be the start of a continuing ("straightaway") move. Or it can be a move to nowhere. In common parlance, price will either go up, down or sideways. Only a select few can successfully predict.

 

9:07 AM Pacific DST: Still lazily uptrending.

Yes, I have

luc33x, did you receive this?

 

-----Original Message-----

Sent: Saturday, March 10, 2012 09:07 AM

Hello all traders and friends,

I want to personally invite you to this Sunday's Level Count Session.

I will be making some New Announcements and going over some changes I will be implementing to help all student traders within the group.

I look forward to seeing you and hope you can make it...

See you Sunday at 6:30 pm Eastern.

Have a great weekend, see you Sunday evening!!

As fate would have it, yesterday AM (Pacific) I placed a long trade in EURUSD on the premise that the downward price movement out of the Asian range was a fake move. I thought I saw a W formation. This was a wrong interpretation. Price continued downward.

 

We can, of course, continue to report our trades, or modifications in the methodology.

There is no need to change the methodology. At the US open, it was obvious the EURUSD would go downward. I suspect some, as yourself, have missed that direction, because, again, ignoring the main aspect of the MMM methodology : beyond the levels, how to track the activity of the MM. In last January, E has made a clear presentation on that point in the MMM Sunday session. Thanks to his explanations, more pieces of the puzzle fall in the right place in my mind.

Make great trades !

Luc, you personally met Eusebio? Why did he met you?

 

Max has several emas and vinini, that are the basics. Some oscilators too for confluence. Why do you think it isn't easy to tradeß Only short under ema 233 enter when it crosses ema 21 down.

I have problems with the many scale ins: in sideway markets this is not a good strategy.

 

I also watched Mauro. I don't think that it is so easy. Ofter there are more levels down than he predicts and not everytime there's a W or M. How do you trade with it with wins?

Hey Bob,

Why not meet E ? A few weeks ago, I was visiting Paris (France) and I have asked E the possibility to meet together. Surprinsigly, he has kindly accepted. Ask and sometimes you will be answered :-)

If you have followed the courses, you should know the MAX method requires more than the use of indicators. Several details or nuances, or variations on the theme (as S Mauro says) related to the price action and the context must be paid attention, in order to avoid difficult or bad trades during critical moments. It's true sideways markets are way more difficult to handle. But when you attend the application rooms or even the scrolling parties, you learn all the tricks to avoid most of them and only keep the worthwile setups.

Concerning the MMM, I don't understand why so many people insist on the levels. S Mauro has clearly explained we may seen less or more levels (depending on the fact the market makers can collect enough profits or not), and they are just a tool but not an essential part of the MMM. And thsi is also the case of the M and W patterns. Any of the described patterns in MMM has a special meaning outside a specific context. Again, too many people focus on the technicalities instead of the principles.

At least, this is my vision on these 2 points, but I may be wrong.

The MAX Trading System is a great system. At the end of last year and at the beginning of this one, I have followed the Lite and the Standard courses. When there are trends, the method does extremally well. When there are not enough movements, trade opportunities are rare. Those who believe or describe the MAX as a pure indicators system are wrong. There is much more in the system through its concepts. Not only it tells you when to trade in a very safe way but also when not to trade depending on the context. This last aspect seems to be the most difficult one to understand by some students when they begin to trade with the MAX. Why ? They want to force the trade because they fear to miss "opportunities". Who cares if a movement is missed because the system has not indicated the related setup ? There are always other opportunities later the same day or the next day. An other important problem I see here and there with people who have not followed the courses, but also with some graduates, is to exit way early from a trend. It's true it's not so easy to stay in a movement when you already have a profit and you see a portion of it disappears in a pullback. But I have understood it's one of the way to catch nice movements. You must not be fraidy cat as the instructors say lol.

Are its concepts simple ? Absolutely yes. Is it an easy system to trade with ? Absolutely no. It requires hard work and commitment to make its concepts and rules a second nature. Many traders are not ready for such an approach. Are the instructors reachable after the courses ? Absolutely yes. I am amazed how available they are to continue helping the graduates, not only through their application rooms, but also the other MAX activities or privately too.

Learning the MAX with the videos available here and there (but they are old ones) does not really help to grasp the important concepts. Miss some of them and you will fail with the MAX.

That's my experience with the MAX and I intend to follow their other courses this year or next year. I can say that the naysayers (and that's their right) don't know what they are speaking about.

And by the way, I have also followed the last web course of the Market Makers Method of S Mauro. I have then discovered that one of the MAX instructors has also previously followed it. I have discussed this point with him (I have even encountered him). He has explained and shown to me how both methods nicely complement each other. But it's rather complex. The MMM is also difficult because you need to dynamically recognize patterns within patterns within patterns ... So you then have 2 methods for which you need to think a lot and always consider you may be wrong when you consider you have a setup to trade.

This is just my opinion.

Luc

In fact, one true secret to make a small fortune in the Forex is this one :

Start with a big one lol

I have a free system for you that makes you a millionaire very quickly. Here it is:

 

Buy low, Sell high. It works very well for me. You should try.

Hi BataviaTrader,

This is only half of the system. The second rule :

Sell high, Buy low.

We can also consider some variations on the theme. I let you work on them. LOL

Hello,

 

honestly I do not mind sharing the videos but the max guys watermark my full name and email address on every video which I feel uncomfortable posting to the public. Hope you guys understand.

Hello Heavenforex,

I understand and respect your hesitation. Could you consider an other solution, for example send the videos links with a pm ? Thanks for your answer, whatever your decision.

Please allow me to share some advice..

 

Get Smashing Forex. It is the forerunner of TigerMax. The TigerMax system is NOT an improvement on the basic system.

 

After reading this thread I looked in my files and found a copy of SF. Out of curiousity I loaded it up and reread the manual. Ten or fifteen minutes at most.

Three nice winners in a row this evening on EURUSD during the Asian session, no less.

 

If you cannot trade SF profitably, you haven't a chance with the Max method, and I don't know why you would bother.

If you can't fly a Piper Cub, do you think trying to fly a 747 will be easier?

 

More complicated is NOT BETTER. SIMPLE is better.

Hello Conglo,

Can you share please, old links are dead. Thanks !

Hello all,

The 17th pair in the scanner is not a pair but the US dollar index. It is provided by some brokers. It measures the strength of the US dollar against a basket of the main currencies eur, gbp, jpy ... Babypips describes in details how the index is built.

Hello Heavenforex,

Can you share too please ? It would be much appreciated. Thanks !

Hello hermanhess,

I can find the reviews on fpa, and most of them seem favorable (but I may wrongly interprete them). But I don't find them on T2w (except just a question never answered). Can you pm me a link to access them ? I would like to read them. Thanks !

Luc33x

I was just wondering if anyone in here has made any money with MAX reason i ask is on t2w and fpa there are as many bad reviews from ex-students than there are good reviews from ex-students or if anyone has actually seen a statement of any of the MAX teachers , because the MAX teachers dont need to trade because they charge a scandalous 2k for an 8 hour webinar!! If they have 50 students a month that makes them 2k*50= 100k a month!

Hi Staw,

Plaese, include me in the list too. Thanks !

Luc33x

My suggestion for this great forum.. I WANT A 24hs CHAT ROOM of FOREX.. for help, sopport, ideas, signals, questions.. so moderators, traders and me can help online.

 

who is with me? :-?

 

Regards

caZador

This already exists on some other forums and its a great idea. It would be nice to have it here too.

Re: Market Matrix

luc33x

 

You said that each tradeable instrument is different, would you categorize all futures/options financial instruments as one class or do you you treat each as a separate entity? Have you tried it on Forex?

Yes, it's much more complex you may think after reading the book. Stocks may be divided by sector or industry. Each sector or industry has its own cycles and matrix points. The futures may be divided in several categories : indices, oil, metals, ... Each category has its own cycles and matrix points. For Forex, I'm still resolving some cycles.

It's a huge amount of work to solve all the cycles for each category. Good luck and good work.