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Freddie

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Posts posted by Freddie

  1. Bill Poulos is selling a new system for $1,000. He has put out three videos explaining the system as well as a couple of charts showing how it all works.

     

    Largely it is composed of triangles on an hourly or daily price chart.

     

    I got to be quite interested listening his videos and was convinced that this was a super scheme until I spent some time wondering how and why the triangles were formed. It is a bit of software that he has had made but I wondered why it was so useful. I think that the answer is that it saves us the effort of marking the trends and being ready to trade the break-out.

     

    After a while I came to the conclusion that other people had also worked on the same system but without triangles, just break-outs of a short term trend and were selling it. I decided that it did not need to be sold, just 'done'.

     

    I wondered if people looking at our II Forum would like to discuss the basic system. It might be useful for newbies to learn.

  2. I guess after I confronted Karl's minions about Easy FX Pro being identical to at least 2 other programs he sold earlier that he stopped pushing it. Apparently no one here or anywhere else has bought this thing so we could get a definitive answer.

     

    Wasn't just him pushing it. I had emails from a few others advertising it. Maybe they got paid for being affiliates.

    Would you mind telling us what the other indicators were, IQ?

  3. I bought the most recent Dittman program and shared it and was going to buy this one but I have been in touch with Karl and his programmer so much they are on to me so if someone else could splurge for this little gem I would like to compare it to his previous offerings. Thanks.

     

    I have seen it for sale for $107 - (87 + vat)

     

    I also know where it is on sale for just $12 or $13.

     

    PM if you want to know, not allowed to give you a link posted here.

  4. and EURUSD trade. you can see excatly same entry/TP/SL as in previous picture which was posted BEFORE the trade was triggered. done for today. http://i.imgur.com/BBUsw7g.png

     

    A price action trade would assume that the top empty green candle was a 'stop loss' taker. That was then a standard reversal followed by a sell candle that confirms the signal to trade. It would be one and a half candles better than ET3's trade.

    Stop loss would be at the HH and followed down every two candles.

     

    His trade was 11pips, mine was 22. - not that I actually traded that.

     

    The previous chart shows a cup formation. I would not know how to trade that one.

  5. Just a bit of a warning:

    I have just upgraded my computer with a SSD -Solid State Disc. I also got Windows 7. After I tried to open the download there was a warning about likely virus and other things.

    I have just carried on since other people have said it all goes well.

    I tried to open 'part 1' wouldn't work. I needed to install the 'SWF reader'. Did that, all works well.

     

    Just told you this in case of anyone having a worry from the warnings.

  6. Jared Martinez in his webinars, uses a fib tool that has various lines at different colours. Would it be possible for one of you expert coders to make our Fib indicator have various colours for every time we use it?

     

    I have taken a screen shot of the colours and I would be happy to post it if required.

     

    I do think that this might be useful to some of us if it can be made.

  7. nobody posting anymore here?

     

    Not much point, Kelvin. it is all a thing of the past now. Any links are followed up and deleted by an observer.

    The system was difficult to understand when SM gave his talks. It was all rather 'historic' anyway. There were no real trades discussed as they were happening but as they happened in the past.

    One of the best 'strategies' however was to see a 'stop hunt' and to go with its return.

  8. Caution to those that deal with 4xp Brokers.

    We also have one person that is using six different usernames as...: Scarlett Mason, Sasts1950, Heyes1929, Ponde, Thintwit1954, Migge1990. Check their postings for 4xp spams....and see how devious this person actually is.

    ... highly advise that you find a better one, which shouldn't be hard to do. Thanks!

     

    I will see what I can do FT. Thanks for your efforts

  9. From Stock Charts - Chart School:

     

    Dragon Fly Doji … form when the open, high and close are equal and the low creates a long lower shadow. The resulting candlestick looks like a "T" with a long lower shadow and no upper shadow. Dragon fly doji indicate that sellers dominated trading and drove prices lower during the session. By the end of the session, buyers resurfaced and pushed prices back to the opening level and the session high.

    The reversal implications of a dragon fly doji depend on previous price action and future confirmation. The long lower shadow provides evidence of buying pressure, but the low indicates that plenty of sellers still loom. After a long downtrend, long black candlestick, or at support, a dragon fly doji could signal a potential bullish reversal or bottom. After a long uptrend, long white candlestick or at resistance, the long lower shadow could foreshadow a potential bearish reversal or top. Bearish or bullish confirmation is required for both situations.

     

    Gravestone Doji … form when the open, low and close are equal and the high creates a long upper shadow. The resulting candlestick looks like an upside down "T" with a long upper shadow and no lower shadow. Gravestone doji indicate that buyers dominated trading and drove prices higher during the session. However, by the end of the session, sellers resurfaced and pushed prices back to the opening level and the session low.

    As with the dragon fly doji and other candlesticks, the reversal implications of gravestone doji depend on previous price action and future confirmation. Even though the long upper shadow indicates a failed rally, the intraday high provides evidence of some buying pressure. After a long downtrend, long black candlestick, or at support, focus turns to the evidence of buying pressure and a potential bullish reversal. After a long uptrend, long white candlestick or at resistance, focus turns to the failed rally and a potential bearish reversal. Bearish or bullish confirmation is required for both situations.

     

    Hope this helps

  10. ... vic trade does look good, just no specific statistics of win/loss ratio, r:r ratio, etc.

     

    Hi Sessh, not sure what you meant there: Vic Trade is number 6. with 354 trades, 185 long; 5997 win/loss pips I assume etc. All in the picture above. Vic makes nearly 60% of their winnings - hence my arguement that we only need to use two patterns.

     

    Vic himself argues that one should always go for at least 1:2 RR but it may be better going for the S/R areas.

     

    Fibs are used in all the patterns as an additional help in deciding to trade. Pattern 1 is multi fibs but only makes 2% of the trades. They are however used in the Vic, if one wants to!

     

    They are holding a free meeting, advertising for even more people to join them. You can sign on with this link: https://www2.gotomeeting.com/register/886459258

     

    Not advertising!!!! Just letting you know.

  11. http://i914.photobucket.com/albums/ac341/freddieforII/RFPStats_zpsd6662bef.png

     

    Here are the stats for the RFP course.

     

    There are only two patterns that are worth looking for in my opinion. Numbers 4 using Fibs and 6 which is the Vic Trade.

    There are only 4 pairs that are worth watching as well - EUR/USD 23%, GBP/USD 16%, USD/JPY 14%, USD/CAD 12%,

    We could just discuss this all here if anyone wishes.

  12. So I executed the file but it installed something ugly on my PC. I tried to stop it but wasn´t able.

    Since then Chrome crashes a lot, has a new search-engine and in general something is wrong now. I have the impression that the pirate bay is only there to install malware on the PCs.

     

    I have downloaded normal stuff from Pirate Bay without any problem. It seems to be just the .exe files that are the problem from any torrent supplier. As I said, I was advised when I got hold of a lot of links for the Recurring Forex Patterns course. That is why I did not download them.

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