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rob123

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Posts posted by rob123

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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

  6. 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.

  7. 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

  8. 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
  9. 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
  10. 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

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