rob123
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Posts posted by rob123
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Now the vendors are selling it now.She may be a great trader but nothing impressive with material she has shown so for.She is going to have to do much better than that for 500.00
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Hank when your trading daily charts your stop losses will be large unless your trading with limits hoping price comes back.The way Steve trades is with a momentum move ---breaking the high or low of a set up bar or candle.If the next bar doesn't break the engulfing bar the trade is negated. I've asked Brett if i could e-mail other students or clients regarding this particular method and they refused to release any info....so i didn't purchase this method for that reason.I believe Steve is a real trader and manages accounts but personally i will not purchase anything without proof. The holidays are here and watch out for these so called gurus that are selling ****.The same people over and over.
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In the video above he uses bar charts.I personally use candles. For example for a bullish setup(engulfing) you look at the bodies only ....the open of a green candle needs to be lower than the previous (red) candle's close. If you google forex street and steven primo he has several webinars explaining the candles. He uses the 50sma as a buy --sell line and trades 6 or 7 pairs at a time on the daily charts.I thnk somewhere he says he doesn't trade anything over a 200 pip range.Anything lower than the 4 hr chart isn't very reliable from my visual backtesting.Using an atr might be helpful too ...say for example you have a candle's range that is twice the atr you may want to take caution.I hope this helps. I think the methodology may have potential but needs further testing.
- smarter, Sesshoumaru and shiree
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I pretty much know the rules of the forex #5 strat. It's ok but there isn't allways going to be 4 or 5 trades a week as he states in his videos.This #5 strat you can either trade an aggresive approach or conversative as for as bring stops up or down.I have a video showing somewhere stored away .I'll see if i can find it, post it here if the moderators will allow it. If anyone is interested let me know.
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Hi Silly .Do you have the setup rules and everything ? If you have this i can explain what i do that is working so for. Rob
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I just nailed another one for 15 pips on 5min lol The 1hr slow stochastics line just about allways hits either the 70 or 30 line. I'm impressed s. Rob
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I'm allways skeptical of advertisers and so called gurus trying to sell something. And i'm not a scalper but was curious how the maximum velocity method would work out on the 5 min and hourly chart. To my surprise it looks pretty darn good just by watching charts and hitting 2 trades in a row for winners and another one missed this moring because i had to leave to go out of town .If anyone has tried this method out and getting descent results let me know. 2 or 3 trades hasn't convinced me yet.
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Soundfx I WOULD'VE have provided it but looks like you beat me to the punch !
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I just received this in my e-mail this morning for 19.95 by John Chen and Russel Maxwell. Anyone decides to purchase this let everyone know if it's any good.From the examples he posted in his advertisment maybe traded on 4 hr charts.
Take care,Rob
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STEVE PRIMO'S FOREX SWING TRADING COURSE(with 12 Months Trade Alerts)($495) $395
Former Exchange Specialist Steve Primo Teaches You All The Rules And Sends you The Latest Trade Signals!
YOU GET IMMEDIATE ACCESS TO THE FOLLOWING:
9 Strategy #5 Video Modules
*DAILY TRADE SIGNALS WHEN THEY OCCUR.
Weekly Forex Trading Lesson Videos
Video Modules explaining the following:
Learn when to buy or sell using Steve Primo's Buy/Sell Line Video
Learn how to pinpoint your entries and exits and when to stay out of the trade video
Access to Ask The Instructor where Steve Primo will answer your questions
Learn where to place stops
Learn how and where to place your exit targets before getting into the trade
Learn how to identify you risk before the trade
Real world trade examples
ACCESS to additional special Webinars where Steve Primo will review recent trades and help further fine tine your FOREX trading
PDF's of the rules and other FOREX trading education
Learn all the rules and strategies so you can begin trading with a solid plan as soon as the next day.
and MORE
Anyone have this please share. Rob
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This one looks darn good trading higher time frames with the bullish engulfing 2 bar entry ,very different from what i've been taught in the past.Looks effective Anyone have it please share.I was thinking he had a sale for 395.00 or so on the forex swing course somewhere. Maybe i'm wrong.
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Not exactly because james16 doesn't use all 5 .
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just from glancing the daily chart trends and how Todd identifies trends i would say it's not bad using his price action patterns.Anything less than the daily charts i would be careful. This is just my opinon.
Rob
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Hey Forexexpert, Do you find it useless because the lack of entries or is it the hit ratio ? For the price you paid for it looks pretty descent. I'll give it a demo run this next week or 2 . Thanks for sharing .
Rob
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I think EZ is a knowledgeable guy and has some good ideas regarding confluence and price action bars but all his calls are after the fact(hindsight) ....so we really don't know if he calls them in the private members area or not. Not too sound pestimistic here but i don't see very many members in his private area.Maybe they have all became millionaire kings after leaving their testimonies lol
399.00 isn't bad.Keep us posted.
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pdf won't do any good. You need to watch a video to get a good understanding.
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There is 2 i watch for is a ratio trade and pullback trade. The A to B impulse can be choppy at times. The pullback trade is off the 61.8 level and you need something at that level for a probabilty setup like symmetry coming down or up depending on the trend direction.(maybe a bounce off the 38.2 level) , trendlines. rsi ob/os,SR closed candle consolidation. ...a bounce off the 50 would terminate the setup according to the rules.
Ratio trade is similar to a gartley and you can usr the 50.61.8 78.6 and need several things to happen. Impulse leg . fib confluence like 127.141----78. 86--anyof these combinations.Symmetry right a these combinations or just shy of this.
Take care,Rob
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Apollo i have the basic package. It's not bad really. The file is too large for me to download or i would, Basicaly it's trading tops and bottoms with some price action involved. I never attended the summer camp deal he offers but i would assume it's close to the same thing. It's very similar to triplethreattrading with Jason but my with my personal experience it's much better. Probably the most difficult part is indentifying impulse moves....watching the monthlyand weekly close is important too.Anyway i'm giving a test to see how i do. Long term don't know yet. Take care,Rob
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Thought i would p*** this on. It's nothing new but educational i think. It's a combination of fibs and symmetry, Sr and projections. I hope it's okay to post this if not delete. It's more are less on the higher time frames .
http://www.stocktwits.tv/fibonacci-ratio-analysis-with-abdel-ibrahim/
Take care,Rob
- learningfx, wakjoe, gelan2000 and 2 others
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I agree Keifer.His software is way overpriced and this is how he makes his money. With the conversations i've had with him he thinks he is a Mr know it all. Ask him for a statement and let me know what he says.Basically all he does is wait for accumulation say 4 are 5 candles or bars then a break out are impulse move then places a limt order wherethe ipulse move started.Trading on the 10 minutes charts can be very risky also. Just my 2 cents. Rob
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Yea i would also like to more about this. Rob
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I'd be careful here until they can get established---------then i'd be careful. I e-mailed Tony and he told me they had a free trial for 7 bucks. This may not even be true either. The reason i was a slight bit interested was i heard that Raj was a descent trader. Like you all i want to see proof first hand and not after the fact.
Rob
Ultimate Forex club 2.0
in Trading Systems & Strategies Request
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