chrisbenjy

That can be said about any mechanical trading system, being automated has nothing to do with it. By the sound of it, you are just following and repeating what other people say. Being a sheep will get you nowhere in trading or in life. You should learn to think for yourself. It would be interesting to see whether you are still trading the Malaysian forum trading systems (green pips?) in a couple of months time.
 
If you don't like EA's then why are you in the EA section? Please stay off this part of the forum if you have nothing useful, interesting or productive to say.
 
Thanks.

The STAR System isn't an EA where you would expect to see a statement showing the performance of the system, this is a manually traded system. You haven't seen a statement (nor a request for one) because it's not an accurate proof of how good this system is, it's only proof of ones trading abilities and account only. What you should be looking at is the pattern of the postings you read on the three threads on this system. You see two different types of postings; 1) traders that don't understand the system and give up, or 2) traders that do understand the system and are doing very well. Note, you don't see any postings that the system doesn't work. I have actually not seen a posting anywhere that said the system doesn't work on any forum.
 
This system receives excellent reviews and endorsements and you shouldn't hesitate in buying it and joining the excellent forum with the latest updates. I hope this helps my friend.

That can be said about any mechanical trading system, being automated has nothing to do with it. By the sound of it, you are just following and repeating what other people say. Being a sheep will get you nowhere in trading or in life. You should learn to think for yourself. It would be interesting to see whether you are still trading the Malaysian forum trading systems (green pips?) in a couple of months time.
 
If you don't like EA's then why are you in the EA section? Please stay off this part of the forum if you have nothing useful, interesting or productive to say.
 
Thanks.

This data is based upon COT reports of 8/9/2011 published by the US Government at 3:30pm ET on 8/12/2011. This email was sent at 4:03pm 8/12/2011.
 
Download
 
http://www.multiupload.com/6ZRZ9QOHHW
 
Good trading wishes

As it's all gone quite here guys, I'll give my thoughts on what I've seen and believe so far.
 
SM comes over as a genuine character (I can well believe he used to be a fireman) and has mastered the motivational art of drilling concepts into you by repetition. When looking at potential trade setups I can hear his dulcet tones ringing in my ears "hit the stops, drop, hit the stops, drop, hit the stops, drop", "you're a buyer, back up the Brinks truck", "lights out granny" etc. lol.
 
There is certainly plenty of evidence that what he's talking about happens and in the other thread we've established who the "market markers" actually are and why they can manipulate such a huge market in that way that SM says that they do. He used to say (and probably still does in his sales video) that there were only an elite group of around 5 or so "market makers" who "high-fived" each other when they caught traders on the wrong side by running their stops. This certainly isn't true now though could have been 15 years ago (before Forex was opened up to the retail market) when SM reputedly gained this knowledge from an ex-bank dealer. The story about the secrets coming from the ex-bank dealer makes for great marketing and could well be true, there's no way to prove it either way - so not really a concern.
 
So...does the system work? Yes it does (in the right hands) - so, there's no scam here.
 
Is the system easy to trade? Well, that's where the problems start to appear ;)
 
For anyone who's been trading for some time and actively involved in the markets, they will have seen the classic W and M patterns and wondered why spikes and railroad tracks appeared in the middle of nowhere etc. They won't have been aware enough of the importance of two times of day for classic reversals - just after the UK open and around one and a half hours after the US open (which coincides with US equities open). Also, they may not have spotted that price is typically pushed in one direction of "bursts" of 3 levels - if you turn on your charts and price has been soaring during the day and you can see 3 reasonably clear points where a retracement has occured, then get ready to go Short as soon as you see that first spike from the high. Also if the high is at or above the usual daily range - then even better. Confirmation can come from a failure swing or candle pattern or indicator setup or a whole host of things for more experienced traders.
 
Hence, anyone with experience in the markets already can definitely benefit from this course to provide a different viewpoint, new motivation, new tactics etc.
 
New traders will find it all very tricky. The determination of the levels and levels within levels is quite complex and made to seem like an art which has to be mastered. If you see a spike or head and shoulders and you're above the Average Daily Range - then does it really matter if you're at level 1, 2 or 3? Not really - though it can sometimes help in filtering out less than optimal trades.
 
On the filtering and confirmation, SM has tried to help new traders by giving them signs to check for in addition to price patterns - in comes mayo, ketchup etc. as all the moving averages which help confirm direction or act as support/resistance levels. Plus TDI and divergence - if anyone is looking to trade reversals then it's always a good idea to check your divergence - e.g. a reversal pin bar setup with divergence should be lot stronger than one without.
 
As others have said, it would be mean for SM to punish hundreds of students just because one black sheep made some videos available. If he does that then it's a sign that he's probably had enough of strutting around the stage and answering hundreds of e-mails a day anyway and wants to take it easy and enjoy his millions that he's earned from the course (and from his own trading - given that he knows this MM mindset and associated patterns inside out, I think he can make a lot more from trading that giving the courses).
 
If SM's students are left to their own devices, I'm sure that plenty of expert ex-students will pop up offering to help out for a small fee ;)
 
However, like any other good system out there, there are no hard and fast rules. As students use the system more in demo they'll naturally learn more and develop the style of trading the system which suits them best - e.g. do you jump in on the first sign of RR tracks with a larger stop or do you wait for the second leg of the M or W and have minimal risk?. Even with a system like this which appears to have lots of rules, there's still plenty of flexibility for each trader to put their own mark on the way they trade the system too, so ultimately there should be no need to keep attending courses again and again and hence it doesn't matter whether SM disappears or not (though it appears that most do this for social reasons rather than a lack of understanding of the system).

Hi all, please stop all this rude and agressive behavior....
If not, this thread will be closed & people will be banned for rude behavior.
 
And please respect one another in this forum.
 
Smile
Chankl78

Hi all,
 
i'd just like to give my small input into how i trade, I'm not an expert trader or anything but I'm full time since well over a year and so far been able to keep my head above water .... but there's a caveat here ...... only position trading ...... when i day trade I haven't been able to make money consistently, sure I made some money day trading but i lost a lot of it too.
 
Day-trading can surely be done but believe me it really does take a lot of time and a good deal of experience to become a consistently profitable day-trader, so i'd admonish any one new (my post here is only for the new traders) to first concentrate on position trading and only when consistently profitable shift to day-trading. i even posted an article which showed statistically only a very small fraction of the small fraction of profitable traders made money regularly day-trading. Well I cant offer advice on day-trading since I'm not consistently profitable at it so I'll leave that to any of the other members who are good at it.
 
But in regard to position trading its better to stick with the 4H or dailies (i personally started with dailies but have shifter to 4H after making consistent profits on dailies I also do trade 15min and 1Hr with other methods).
 
now here's the an aspect to position trading that took me quite a while to figure out ..... and that is .... consider both technicals AND fundamentals, use any technical pull back entry you want but consider fundamentals for main trends and only trade the direction of the main trend when they agree on weekly and dailies and 4Hr charts.
 
for eg after watching the economic announcements everyone knows the USD and EUR are in trouble and there's going to be more trouble in the future so ask yourself where will investors put their money, the answer is in currencies considered safe heavens in time of economic upheaval like the CHF or precious metals. Next check up the fundamentals announcements for the CHF, check the trends on the 3tf charts and if all three agree and you believe the trend is likely to continue for fundamental reasons look at Ta for pullback entries. Set stops and pyramid winning trades. That's what works for me. A word abut stops here, one of the reason a lot of traders lose is coz there stops are too tight .... you need to give the market room to breathe or else you'll be stopped out unnecessarily. for eg on 4Hr charts my stops are usually 120-200 pips set at TA levels of S/R but thats ok coz my winners are huge as we ride main trends and the R:R works out very well. Another thing is dont be tempted to take quick profits at 1:1 just let it run trailing your stops and you cant go wrong. Here's my recent result (in pips) since last week july when the fundamentals showed the CHF pairs would rally.
 
http://img829.imageshack.us/img829/9120/fxstatement1.gif
 
 
 
Once rumors of intervention by the SNB started to circulate you close ur position and from ur research u know the USD is extremely excessively oversold infact theres been only 3 instances in recent history where its been this oversold so we now wait to see signs of a usd rally and trade the rally till we believe the rally is over and the bad fundamentals of the usd will catch up with it.
 
Just a simple method which works for me. And the key is to evaluate fundamental conditions.

The wait is over... The power levels indicator is ready for your consumption!
 
Head over to http://www.forexpowerlevels.com and create an account using your Indo forum username. I will then manually upgrade your account to a lifetime member. It may take me some time to activate you due to timezone differences so if you want to use the indicator right away go to "My Account" once logged in and activate the 14 day trial.
 
Any problems let me here and I will try to help.
 
Also I would appreciate if some of you could come up with a testimonial which I can use on the website. One or two short sentences will be fine!
 
Remember: Registration is free for life for all Indo members. The only condition is you signup between now and 25th August. After that date the subscription cost will be $11.99 per month with 14 day trial.
 
 
Good luck trading the levels.

it would be helpful if you posted the code so that if any other coders need help to do this they can see how it is done.

Ok, fair enough, but I'm sure he wouldn't go that far. Anyway... Prove that it is his strategy.

With all the recent banned and fallen mates I was wondering if we could have a Memorial Wall so we could pay homage to our fallen but not forgotten nicknames...with date, last post and reason for falling from grace...\\m/^:)^\\m/\\m/^:)^:)>-

It's not the money everyone is bothered about. We don't want to be reliant on one guy, who can suddenly stop publishing these levels for some reason. We want to be self sufficient. I'm sure someone mentioned this earlier, If you read the whole thread.
 
It makes me laugh how someone can be happy to sit there and need someone else to tell you how and when to trade.

forex peace army does. But I would say the results are controversial and possibly false, but I have no proof. They are certainly questionable anyway.
 
1. because the results are contradictory to other results, from other sources such as forums, including this one, and even the reviews section of the forex peace army website.
2. If I'm not mistaken, some of the tests are run by the actual vendors, so they may fix them or incorrectly report the results.
3. They are a website, whose aim is to make money, whether it is to profit or just to cover server costs. Therefore they need advertising revenue. They may get more advertising revenue by doing deals with vendors to make their products look better than they are. (although this could be said about all the sites)

That aimed at me? All I was asking was for a brief overview, to see if it is worth reading through the thread, I didn't ask anyone to fully explain them and tell me exactly what to do. You should be efficient with your time. The more time you spend looking through forums, the less chance you get to earn trading experience. If I read every thread from start to finish that I'm interested in but have no idea whether it is worth it then I would have no time to trade, all my time would be spent in forums, and the majority of threads turn out to be a waste of time. Does that make me lazy? No it doesn't, it makes me efficient. I am far from lazy. Thanks

Yes the trend extreme would be your main pivot. You could use different timeframes. Usually the first way you look at it is with the retracement becoming the first flip.

You have that right up to the point of the Cut on the pic and you are correct about the MAC no being good. So in that pic at that last print it would be w/m/c and the trend extreme and pullback markers would come off.

"Orientation" I understand it to mean that the slow MAs are in the correct order and moving in the direction of the trend.

You can do it your way. It is a mistake imo. The forum makes the difference. The reason is that the ebook does not have the criteria, templates, no-trade situations, corrections to errors and omissions. I am just telling you that these things on there are really huge.
 
For example this is how Muhatta put it...
 

 
Just trying to save you many confusions, missed opportunities or stoplosses, not to mention lost time, all of which imo you will experience without the latest info.
 
Look closely... he said
 
My suggestion is that you value your time much higher than you appear to do.
 
It is funny when you think about it. Tom had early adopters of the system say that criteria were too vague, some parts were hard to understand, or whatever else. So he created Supertradersclub. Now like muhatta says the answers are there.
 
This thread really began with many complaints about the same things. Through some explanations and several others coming and speaking up on behalf of this beauty the true value is being seen more and more.
 
Then using only that version of information which was lacking and not up to date people are complaining or missing the light coming on. Instead use the favor of the correct response by the author to help make the system better and easier to use.
 
There are currently 46 setups in the watchlist, some triggered and still active but over 2/3 are waiting for development. At any time Tom or someone else could plop down a setup like I showed the other day (I think it was on the other thread). It triggered only about 3 hours after it was put in the chat and watchlist.
 
http://i1106.photobucket.com/albums/h372/infomanager/gbpjpy-june282011.jpg
 
1 pip drawdown after trigger. Its travel has been over 200 pips already. The setup and signal this trade uses you will not find even mentioned in the ebook. You will need a new template set to find one of these.
 
These are huge advantages and this is why I say don't struggle on your own with outdated information. Can't get it free? OH WELL! Just get it any way you can. Best of luck.

When you get the ebook the membership with the new technical info comes with it. The premium chat and watchlist which is such an unbelievable bargain is $25 a month. So it would cost nearly $300 at first.
 
And when I think about the junk out there I am tempted to say "you get what you pay for" but compared to the $16k system David mentioned and said STAR was more exact it makes me realize maybe that is not a very good cliche. "Sometimes you make out like a bandit" might be a better way to put it although in this forum it is kinda funny.:))>:)

Here you go, download link for those that cant get the other one:
 

hxxp://www.4shared.com/file/oXo_mX_n/Dserg-LinRegressionBreakout_v1.html
 
Chris

Dear Aroman,
I think you have the wrong fight.
You seem to discover the wickedness and the hardness of life.
You want to end these heinous and vile characters you call "spies", but such a play of Vaudeville, where the characters go out the door, but return through the window!
 
You do not want people copy here to give elsewhere.
But the internet is inherently freedom and if you want to try to police to track down bad guys, then you're wasting your time and energy, even governments do not always succeed, unless you close the electricity!
 
The little extra that we have here in Indo-Investasi, it is precisely the freedom to share to avoid scammers.
 
Do not transform Indo-Investasi to become like one of those sites that put so many barriers that it becomes impossible to get anything!
 
Do you sincerely believe that we are the only ones to be copied, here too, we have members who are finding things found on other sites (and a big thank to them)
 
The goal is not to play cat and mouse game, the goal is to try everything and once made your choice if it is something useful to you, then, buy official license, because it is normal to pay an author for an honest job well done.
 
Of course, there will be some members "thieves" who will never pay anything either, it's unfortunate, but I think there are fewer members "thieves" compared to all these "marketers sellers" who sell at astronomical prices for simple air in a jar!
 
The only time someone has asked a soft pass by PM, it was because it had some personal data that it had not cleared.
This was done thereafter and the file was shared normally.
 
I understand the frustration and anger at the cruelty of the world, but please do not turn Indo Investasi into a bunker.
 
What was ("is" I hope so) friendly in our beloved forum, it is this feeling, even virtual, to belong to a strong family where each member does its best to help each other!
Keep this in mind, not to become like one of those forums without soul.
 
Thanks for your sharing spirit.
Have a great WE.
freddy
 
P.S. on a side note, but maybe you skipped it, could you answer to my earlier post (#23) I made yesterday? TIA

Over the last 2 years that I have been testing and promoting various forex robots, every now and then I become aware of certain forex robot vendors whose ethics and marketing tactics are called into question. In short, there are marketers out there who are out to scam the public into buying ineffective forex robots which do not live up to the outrageous claims made by the vendors, and may in fact lose money when put to work on a live forex account.
 
Just this week, I came across the 1 Click Pips website. At first I was very impressed by the apparent sincerity of Jeffery Montell, the “human face” on the video. Why is it that so many of these scams employ actors with a British accent? I guess because the English-speaking public who are the main market for their products still have some kind of respect for the British way of doing business. Nevertheless, as anyone who has watched the British cop shows knows, there are white collar criminals in England the same as anywhere else.
 
 
 
Anyway, the claims made by “Jeffery Montell” (if that is his real name) are very extreme. He claims to have run the 1 Click Pips expert advisor on a live account funded with $1005, and to have increased the account balance to $163,624.94 in the space of a month. Now given that most of the genuine EA’s I have tested make between 5-20% per month, the alarm bells should have been going off in my head. But as Jeffery seemed to be sincere and made a point of denouncing both backtested and demo-tested robots (a valid point as the only real way to see what you are going to get in live trading is actually to trade live), I decided to run a campaign promoting his product.
 
All well and good so far. I even made an affiliate sale of one of these EA’s on the first day of my campaign. Then I came across a comment on another forex review site, ForexMachines.com, which exposed some information about 1 Click Pips, which I am about to reveal to you below. The live trading “proof” offered by Jeffery Montell on his video, shows him, supposedly in real time, transferring the $1005 into a live account, then shows him going back after 2 weeks, then after 4 weeks, to reveal the astounding profit he is claiming for this EA. What slipped my notice (and it is a small detail that anyone could miss), is that the transaction number and the time stamp for the initial deposit as shown on the video, does not match the account statement published on his website to back his claims for the 1 Click Pips EA. See the screenshots below for evidence of what I am talking about:
 
 
 
 
http://www.1clickpips.com/
 
 
http://www.4shared.com/get/cEE98aQg/1clickspips.html
 
enjoy

http://www.metatrader4.com/forum/2348:-$

and turn news feed off (if you dont need it)

and turn news feed off (if you dont need it)