joeytrader

Hello

 

How does the post link?

To find out the address, go to the actual page on ebay where you have seen the product for sale, then copy the address at the top of your web browser.

There are many products on ebay with the words "financial freedom" in them.

For example, here is one on ebay that is for sale, also with the name "financial freedom" within it, the address you want to copy should look something like this:

http://cgi.ebay.com.au/Financial-Freedom-Through-Electronic-Day-Trading-/300492297289?pt=AU_Non_Fiction_Books_2&hash=item45f6bc9449

On the topic of speeding up and trying to load multiple charts simultaneously for FDM, I have found a strange solution on my computer.

Not sure why, at least on my computer, I found that if I had 3 charts showing FDM template on the same MT4, it will slow everything to glacial speed.

But when I have 3 duplicate MT4 platforms, and have each shows only 1 chart, (still total of 3 charts simultaneously), now the computer is no longer slow.

For example, I now have three duplicate MT4 opened on my computer, and on each I am showing 1 FDM chart. (So still a total of 3 FDM charts), but now the computer does not freeze like before. Strange. I only need to go to the Windows tool bar at the bottom, and click the corresponding icon for each MT4, like clicking on tabs, to see each of the chart.

In fact, I once tested with 2 charts on each of the 3 MT4 platform, with a total of 6 FDM charts opened, and still my computer did not freeze. And still on just one computer.

Not sure if this solution will work for other computers?

hallo

is interesting Systym with potenzial.

Not the Same as i surch.

please post the financialfreeddomforex Com

Hallo

 

is on eb@y for Sale !

Hi HBCAI, since the main site is under construction, do you have the web page address for the ebay sale page? This way we can see what is this?

Not 100% certain, but it may be the same as the one already shared on this thread (as least the title sounds familiar to me):

http://indo-investasi.com/showthread.php/6845-REQ-Profitable-dax-ftse-forex-system

Post #6 is ebook

Post #18 is template + indicators

Post #19 is second system from same author

EDIT: Sorry, it seems I was wrong, after reading the author's page posted in Post #8 below, it seems it is a live one-on-one mentor program, so not the same as the one I posted above.

I got sent a link from cash-master promoting this outfit (I of course deleted their affiliate link):

http://[email protected]/

Usually trading signals or follow-and-copying live trading is not my cup of tea. (I prefer to learn and understand how to trade). But I found the results page interesting:

http://[email protected]/performance.php

He is showing not a single losing day for 4 months, and average over 3 digits pips per day.

Is he real, or is he scam? Anyone has any info on this P@ppa chap?

Hi paws no problem. All I trade is s/r levels including camarilla/midpoint levels, my profit is determined on how strong those levels are. No default pip target, I look for 2%-5% profit on a daily basis. Because I trade the higher time frames eg 1hr, 4hr and 8 hr I look for anything from 25 pips upwards.

 

I have an indicator that posts the latest new announcements on my chart so I know exactly what is going to happen within the following few hours which might make the market move.

 

I also use the Fip_line indicator which identifies high probability turning points and mikko_autos/r indicator which further identifies s/r levels and plots trend lines automatically relevant for each different time frame. Eg if I have it the 4hr it plots the relevant information for the tf then if I move down to say the 15m it will automatically plot the relevant s/r and trend lines for that tf.

 

These indicators are free on the net. I will gladly upload them if I can remember how together with my chart set up:-))

Hi dave,

Yes, some of these indicators seem interesting, if you have the time to upload, thanks in advance, will be interested in playing with your actual MT-4 set-up, with template and indicators.

I also liked to trade s/r type of trade, but usually only on daily pivot levels. Would like to improve my strike rate by testing with your set-ups too.

If I may, a question for now also, with your average trade stop-loss of 50 pips, what equity % do you usually risk per trade, to reach your target of 2 to 5% per day?

. . .Its using 20-50-100 EMA for generating signals apart from Bar strength indicators . . .

Hi checkmail, actually, I think the author's version uses only one EMA, not three. See step 8 on page 24, he changes the first EMA to 5 periods EMA, and delete the content for the other two MAs. And you can also see his chart examples, only 1 moving average. But maybe three MAs will work better than one. Need to test and see. Thanks for the suggested settings.

Fx18o Ebook Download

A chat with a fellow trader netted me this little download link. He allows me to post it here. He said he's not impressed (and probably will ask for refund in the future). I just took a quick read through, I agree with him, I'm not impressed either. Wish the author has spent more time and efforts on the trading system, and less on the fancy graphics, or on detailing how to sign up account and set-up on IG Index, or used up so many pages just on detailing the forex factory calendar.

Anyway, here you go:

Download Page

http://[email protected]/fx18o/download

(change the "@" to "a", and the alphabet "o" of "18o" to number "0")

You'll need this login and password info:

Login: 180download
Password: fxprofits

This trader friend does not live in the same continent as I do, so he will not be sharing the CD and physical manual which is shipped physically by postal mail. But having read the ebook, I don't think we really need them anyway.

Edit: would suggest someone creates a mirror after download, in case the author changes the password.

Joey,

 

Do you mean forum not blog right? On the Trade2win forum.

yes, my mistake, correction now made to the original post.

Hi Joeytrader,

 

Thanks for your explanations. Very helpful.

 

So, I would like to confirm the trading time of 2 authors as follows:

 

1. Original author of FMT EA and Turbo Morning Trade EA:

 

+ Trading time from 05:30 to 07:30. 2 hours duration. Is it right ?

 

2. Author of FMT Extended version:

+ Trading time from 06:00am to 06:45am. Duration of 45 minutes only

 

All above time is based on GMT Time. London open hour is at 08:00am GMT.

 

Other functions are almost same for 2 authors.

 

The only most important issue is the find Trade setup during either of above trading hour, I believe.

 

So, is my understanding correct ?

 

So far, how do you feel and think of this manual trading system as well as EA?

 

Every month is a winning month? and how about every week's results?

 

Waiting for your confirmation of Trading time above.

 

Thanks a lot

James

Hi James,

As I only manual trade the vanilla version of the author's official FMT, I can only confirm with any certainty the base FMT strategy.

(1) Basic FMT: Currently, the base strategy is to take trade at and only at one specific time, which is 6:30 am London time (Note: NOT GMT time). So officially, FMT is still trading at only one specific time, 6:30 am, and NOT over a period of time like 5:30 to 7:30. This is still considered a manual set-and-forget strategy. The basic EA is a bonus to help automate this method.

(2) Turbo FMT EA: As I do not trade with EA, and I did not purchase the author's new Turbo version, I do not know enough details of the current settings for the Turbo. But from reading his daily results page, I know he is testing partial take profits with the Turbo. Although I believe the Turbo has capability to take trade over an extended period of time, I do not think the author has officially endorsed any such entry condition at the moment. (Anyone who with more details please feel free to correct me). To quote the author's own words with regard to the best settings for the Turbo, he said:

...You should do your homework and find the best setting for you...

So consistent with what he said earlier, Turbo is meant as a tool for the users to test different combination of settings, and the rules for basic FMT has not changed because of the Turbo.

(3) FMT extended version, created and sold by a third party: I really do not know enough of this product to make comments. But 6:00 to 6:45 am London time does sound reasonable. But I have not used this, and have no direct knowledge with the extended version.

(4) Your question about functions between the two authors: I may be wrong, but I thought the Turbo version has many more functions and capabilities than the extended EA. You can read about the Turbo's capabilities here:

http://[email protected]/turbo/

(remember to change "@" to "a")

The creator of the extended version simply took the older and free version of FMT EA, and added the feature to trade over an extended period of time. It seems he literally took the original and free FMT EA, without changing the old codes, and simply added his own codes for his desired feature, and then turn around to sell it.

(5) Results so far: No, not every week is a winning week. In fact, I think November saw at least 2 weeks of minor losing. But overall, FMT has been winning more than losing. In terms of months, at least for the short time I have traded FMT, every month has been winning. And from the author's results page, August, September, October, and November were winning months. However, do not be surprise to eventually hit a losing month or two. I look at FMT as like a marathon, there may be short term draw-downs, but if it is profitable in the long term, then it is a winner in my book.

Hope this helps answer some, if not all, of your questions.

Cheers

FMT EA versus FMT extended versus FMT Turbo

From some of the questions I have received, there seems to be some confusion and interest in the differences of the different EAs now floating around related to FMT.

There are 3 major variants of FMT-related EAs currently that I know about (feel free to add to my list if I have missed some):

(1) Original FMT's EA, sent out free officially by the author: this is a free bonus that comes with the original FMT ebook purchase. Currently the latest version is 4.1. And the upgrades have been sent by the author free to his ebook purchasers. This EA is mainly designed as a tool to automate the basic FMT strategy.

(2) FMT extended, is sold by a third party who was a member of original FMT customers: During the weeks of many discussion on the FMT author's official blog's thread, there were many members who experimented with variations of FMT, in terms of entry rules, exit rules, currency pairs, entry times, etc. And one such variation was to extend the qualifying entry time for FMT trades. Eventually, that member decided to modify the original FMT EA to suit his purpose of looking for trade during a "period" of qualified time. So instead of looking at trade only at 6:30 am London time, he now looks at anytime from 6:00 am to 7:00 am (I am not sure of the ending time here), if a trade qualifies here at any time, the EA places the trade. The EA was initially offered for sale on FMT's own thread. Needless to say, that caused some issues with the other members. So he now sells it at his own web-site.

(3) FMT Turbo EA: This is the latest EA offered for sale by the original FMT author. Although this EA is related to FMT, the author considers this is far more feature-packed than is necessary for the basic FMT trades. So he considers this as a separate product, and he is selling this for a price. It offers all the features in the FMT extended EA of (2) above, and then it also pack many more features, too numerous for me to list here. The price is cheaper than the original FMT system (ebook + free EA). If not for the fact I only trade manually, I would have purchased the Turbo too myself.

In summary, although I do not use EAs myself, my understanding is this, if you already have the basic FMT ebook and EA, you are already set. As the original system is still profitable. But if you want the extra features beyond the free EA, I would recommend the author's Turbo version over the unofficial version of FMT-extended. From the way Mark has been supporting the original version and EA, I believe you stand a better chance that your new EA Turbo will also be upgraded and supported in the future for free. And not to mention the fact that it is far more feature-packed than the FMT-extended.

But you be the judge and decider.

Thanks for share harry.

Just finished reading the ebook. Interesting twist on pre London session open trading. Should be easy enough to do a back check and see whether this has been profitable or not.

Also, unless I have skipped some sections on the ebook, not sure why he mentioned MACD and Stochastics in the Chart Configuration section, but never mention these indicators again in the rest of the ebook.

I can only assume we are to use them for divergence readings.

Perhaps about time those who used the first FMT to make money and has made money to support the developer by buying the Turbo version. . . .

As the original sharer of FMT on this forum, I think I agree with the general philosophy that hedgehog has touched upon here.

Personally, I love this forum because it allows me to test out many systems which would otherwise be too expensive to purchase all on my own. Having said that, it has also been my practice that if I do find a system/method I like and use, and has actually made good money greater than the purchase cost of the system/method, I would usually like to reward those rare authors/system producers by eventually buying their products. (But of course, I would not tell them I already have their products previously downloaded from II).

I think it is only fair. For example, I would not feel guilty downloading and testing and NOT PAYING a cent to the K@rl Dittm@ns of the forex world. Because I will not be using their products for long or have generally found their products to be useless.

On the other hands, for the rare occasions that I do find myself using certain systems for longer than 6 to 8 weeks, or find the systems/methods to be profitable enough to pay the systems/methods themselves, then I will not hesitate to use the winnings to pay the original authors.

I think it is my way of supporting the good guys in the industries. I am of the old school who believe good deeds deserves to be rewarded. (Perhaps this is also my way to keep my conscience free.)

Anyway, a bit off topic, but just my own take of this.

From reading some of the author's responses to questions on his own thread on T2W forum, the author seems to consider the turbo EA as an additional tool, although related to FMT, but separate from the basic FMT system. So while regular upgrades to existing FMT's EA will be free for existing customers, this new one is considered a separate product which allows you to try out many variations of entries and exiting strategies and different MM, so he is charging a fee on this. He said something like the basic FMT package does not require all the fancy testing features on this Turbo EA.

The author says he is selling this only to existing customers, but I doubt he will be confirming the email address of every single purchaser who decides to purchase the Turbo EA. Though I could be wrong.

Why do I get a feeling that if someone did send him the "449,-EUR", he probably would not have sent the correction email out? Or worse yet, send the correction email out, and not refund the poor sod who paid the "449,-EUR"?

Also, just curious, is "Sebastian fight man" some kind of signature slogan, or a poor Google translation of his German name?

Pre-launch sales page is now up, at £185.25, not as expensive as his previous offerings.

Not sure how good or worthwhile it is though:

http://[email protected]/fx180/

(remember to change "@" to "a")

He's now releasing/selling a trading video...curious to see it

I have not followed his progress for many weeks now, just wondering:

(1) Is he profitable again (I recall reading about his margin call a while back)?

(2) Is the video going to have a English version? (I can't translate German)?

(3) Is he finally going to share the method he actually trades?

Another free indicator from good ole K@rl

Another new month, so of course another new freebie from the ever productive K@rl, lol:

http://[email protected]/xma.html

(change "@" to "a")

Not sure how useful this is, you be the judge.

I am not downloading this because there are already plenty of other methods/indicators for determining trend.

FMT and trading in December

I have been asked several times about author's opinion on trading this in December holiday period. Finally, here is part of the email update that the author sent out. Hope it will help you decide if you want to adjusting your FMT trading in December:

-----------------------------------------------

Trading in December

-----------------------------------------------

 

Quite often I receive question if we should trade in December and

beginning of January.

I'm going to tell you my personal view, the decision is up to you.

 

First of all, if you are uncomfortable trading during Xmas and new

year, you can skip this period. There is nowhere to hurry in trading.

 

If you'll check my Results page for last year December, there was a

loss. But that was before we introduced the Break Even rule to the

trading system.

 

I made a backtest of December for the last 5 years using the

actual trading rules: TP = 35, SL = 40, BE = 20 :

 

2009: 5 pips

2008: 95 pips

2007: 170 pips

2006: -60 pips

2005: -95 pips

 

Not every year this month was profitable, just like with any other month,

but overall the system is in profit for the last 5 years in December.

 

I personally will trade during whole December, without any pause.

 

If you don't want to stop trading, but you feel uncomfortable about it,

you can reduce your risk.

For example, instead of trading with 2% risk, you can trade with 1%.

Yes, there is a new EA called Turbo Morning Trade that just came out an hour or two ago.

Unfortunately, it is not free even to existing FMT owner. But you can read about it here:

http://[email protected]/turbo/

It does seem to have some nice features. Too bad I only trade manually, so I cannot use the EA, otherwise I would be interested in getting one too.

Diesel10 is offering the system on the 'http://indo-investasi.com/showthread.php/10292-(Share)-Travel-Tr-ding-Pr0fit-F0rmula

thread

Thanks Freddie for the above link. But I may be wrong, I thought the one kindly uploaded by Diesel10 is the pre-launch freebie. Kinda like a teaser for the author's $497 full program?

I have to admit I am not a fan of bill poulos. But on one of the outside forum thread that I occasionally take a look for another system that I am following (Forex Morning Trade (FMT)), I notice this post mentioning the Forex Profit Multiplier (FPM):

http://www.trade2win.com/boards/trading-journals/101770-forexmorningtrade-journal-540.html#post1338398

According to the above poster (post #4320), he/she seems to be having much success with FPM when combined with FMT.

Although one post is not proof. But it does get me a bit more interested in this. So hopefully some generous soul will share.

Sounds interesting. Will hop in if get a chance to say hi.

Just a question for now, you mentioned that there are 3 systems that you are trading, will you be sharing those systems with your members, so they can follow the same charts reading the same signals along your side?

Good ole Jeff sent out a link to the recorded webinar that happened just earlier this week, plus the purchase link (of course with him as affiliate). So if anyone has either $2000 burning in your pocket, or 3.5 hours of nothing better to do than watching a webinar, here is the link:

http://pipclub.com/askjeffwilde/now.html

Although I like the logic of trading based on alignment of price cycles on different timeframe/wavelength (the core idea itself is not new), I am not convinced that it is worth $2000 to learn it, or that I cannot use Metatrader to trade the system. Perhaps I am either cheap, or does not like to have on-going expenses, I simply do not like the idea of being forced to pay subscription monthly to run his indicators on a non-familiar charting software.

His reasons given on the webinar for not using Metatrader sounded weak to me. Basically, he says Metatrader is bad because: (1) different brokers use different GMT offset time, so indicators based on end-of-day data do not align across different brokers, and (2) Metatrader will have price gaps, which is bad for his method, while his charting software will not show price gaps.

For me, I think this is very weak excuse, because:

(1) on the issue of Metatrader broker time, although I am no programmer, I have seen enough indicators to know it is possible to have coded indicators to have an additional parameter to adjust the GMT offset time to fit the individual broker; and

(2) on price gap, not sure if he is referring to weekend gaps, or normal trading period price gaps. But either case, I think that is a nature of the actual price movement in the market anyway. For example, if price spike very quickly in-between 2 candles, perhaps on Metatrader it may show a price gap from one candle to the next. In contrast, perhaps his software chart the candles of this price spike without showing a "gap". Maybe this will affect the calculation of his indicators. But I very much doubt such "gap" versus "no gap" occurrences and magnitude are frequent or big enough to seriously affect the results from one charting platform versus another.

But I have no actual experience with his system or his charting software. So just my layman's perspective.