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joeher133

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Posts posted by joeher133

  1. Hey Hankt80,

     

    Can you give an example of one of the signals, stop loss and targets. I heard that the stop losses were a lot wider than the targets (100+ SL , 20 Target). I'm considering buying it but doing my research first.

     

    Thanks

     

     

    I make pips with elam signals so I honestly dont care at all what you say, write, draw, you can even tell me you are obama or pope and I still dont care, WWI is full of bs with mj and hes puppets like you, what do you actually do there apart from scamming n00bs with goiler? DO you even trade urself? live? do you? I see you are mj fan and puppet cos each time hes stinky nick appears you pop out of nowhere xD You banned everyone you could and everyone who did NOT wanna bend over for mj a-hole, fuk mj and ur wwi, honestly....coming here and showing ur love for mj is retarded mate. take him to dinner maybe xD
  2. You go back to the PREVIOUS low surrounded by two HIGHER lows. In the case pictured (which is different from my chart) I would have gone back to what on your chart should be the 0400 candle.

     

    Hi iqofgenious. I have been implementing the human eye rule but I have a question. How do you deal with signals that appear in a strong trend and there is no previous low before the signal candle's low in a short trade or the previous low is way too far say 20+ pips?

     

    Thanks for your valuable input by the way.

  3. It is a good product for analyzing volume. These guys are real traders not marketers and that is why some of the marketing and training aspects of this software could be better. They say that they are working on getting the documentation up to par and I am looking forward to seeing it since it is a very daunting task to understand all the different elements of the software. The latest release has made things easier but it is still challenging to get up to speed in the actual learning of the software. I recommend this software specially since the cost is very reasonable and if you get proficient at understanding Volume Spread Analysis this software can be a very powerful addition to your arsenal. If you expect a buy on green sell on red approach then this is not the software for that.
  4. If you have the manual, look at the bottom totals and averages on page 66. I did not get 4 pips average - they did.

     

    If you read the whole manual you will understand that the 4 pip average refers to the expiration of the trade see page 42 there is a reference to “All conditions EXPIRED” The real averages are divided by potential targets and they are: Potential target 1: 13, potential Target 2: 30 and potential target 3: 46. Those are very decent numbers for 15 minute charts. As for a lot of losses you can see that it reached potential target 1 82 percent of the time. That is also fairly decent.

  5. Jack of all Trade Master of none! Such a flop. I wish you best of luck with your fat ego. Im advising you to start HEDGE FUND and your trading will be transparent. Go to Amazon and burn your head on all those trading books there. A victory to me and others that you finally stop all those fabulous liar.

     

     

    A real victory for you would be if you made any money trading which it's pretty obvious you are not since you spend your time sabotaging productive people on this forum instead of making useful contributions which is the real purpose of this forum. I wish you good luck and hope that you mature enough to realize that no one is going to serve you the holy grail in a silver platter but it is up to you and you alone to put in the work to be successful. Good riddance.

  6. Who are you to determine what people should say or not say? If you don't like what he's saying you can just choose to ignore it and live and let live. Being disruptive about other member's contributions doesn't seem to be in the spirit of what this forum is about. If you have something positive to contribute I'm sure people will appreciate it but so far all this ranting has not produced anything positive. I commend the Captain's commitment to sharing his knowledge and experience with this group. I for one have found value in his postings and can attest to the fact that what he is sharing in terms of scaling into trades works and if we are able to understand that concept, we can increase our earnings significantly without increasing risk.

     

     

     

    Well if that is the case, let him keep his Atomic pips for himself. Never disclose it again, cause its easy to write than live practical
  7. I don't think Captain has any responsibility to show his live statements or anything to anyone. He already does more than most in this forums by showing us different theories on trading and money management. It is up to us to backtest and see if we can get something useful out of what he shares. I would like to tell Captain that the information that he has shared has proven to be very valuable and please don't let these misguided comments/attacks discourage you from continuing to share with those of us who appreciate it.
  8. Hi Jeannette,

     

    Can you please send me the information on the live room for Tradestation. I have Tradestation and would like to check it out.

     

    Thanks,

     

    Joe

     

     

    I am expecting to be warned again not to post anymore. The forex game is for you if you switch to education side, earning subscriptions for a living. There are sites such as DayTradingForexLive.com that are re-packaging Steve's materials as their own and teaching at a discount of $329. More sites will show up when these clever businessmen studied the BitTorrent videos and then re-teach at a cheaper price.

     

    My friend is starting his own omNovia live chatroom service (soon to be subscription based) for TradeStation platform users, a niche segment away from mainstream MT4 users. You should consider venturing into forex education after spending 5+ years trying to trade yourself. Eusebio Nanni from MAX Trading System claims to make so much profits from "trading", but still earns a living from teaching the MAX courses. Eusebio is regularly showing up in Steve's webinars and Sunday sessions to tell everyone how many hundreds and thousands of pips he just made yesterday. So instead of struggling another 5+ years trying to trade on your own, why not learn from these guys and switch over to education side.

     

    Paradigm shift as someone said: when everyone is digging for gold, be the one selling shovels. Your steady business will last longer than any of the gold diggers with big dreams. Even when the gold runs out, your shovel business thrives ever more because people try harder to dig. Once I understood that, I am now helping my friend with his live chatroom business launch. Yes, I myself is going into education side. We already have clients on free trial even before official launch. By continuing to talk about M & W patterns and market makers manipulation and stop hunts and false moves, we will help each other grow our education business. Paradigm shift.

     

    A moderated live chatroom where the instructor calls out live trades that you can follow along, with teachings along the way, during active market hours, will capitalize on the missing element in Steve Mauro's business. Steve and his instructors dare not and will not trade live in order to prolong their lecture series (do more homework, learn to fish, use flash cards, etc), and not suffer from real stop outs in front of audience doing what Jim called his cowboys-style high-low drills with his fake demo trading (the "winners" from heavy scale-ins are very impressive though). So the next business offerings will be those sites offering live chatrooms trading Steve's methods during London and New York sessions, as DayTradingForexLive.com are currently doing but they only host Tuesdays and Thursdays. Even then, Chad & Sterling tried not to take trades (various excuses) in order not to lose. But, you get the idea ......

     

    Here is my research on several profitable (to the owners, not the members) chatroom services,

    http://indo-investasi.com/showthread.php/17015-Which-is-the-most-profitable-Live-Chat-Room-for-forex

     

    You can learn from these and work out a business plan, incorporating ideas from what you have experienced during your past 5+ years trading. Something will trigger your mind to make money somehow, just not by trading. Just like selling shovels to gold diggers, remember that the only thing consistent in this forex business is regular income from subscription fees. There are guaranteed no stop outs or losers in education business, 100% earnings ...... better than Steve's teaching students 90% winning rate from Market Makers Method, which to most students is the illusion of digging for gold. When Rick or Fred or Tim or Zaim or David put up their hands and say "see, I found gold!" then more people will buy shovels and dig harder, encouraged by Steve's repeating cycles of 6-weeks bootcamp lectures. Interestingly, Steve made wrist bands or bracelets for his students with the words "Trade Strong". My friend joked that we should give out similar bracelets with the words "Dig Harder" for our chatroom clients.

     

    http://i.imgur.com/d2dEz.png

  9. I just wanted to clarify that pipper's publishing does not constitute copyright infringement. What he did is protected by our constitution. He did not sign any Non Disclosure Agreement. He just published his knowledge and understanding of a particular subject. Copyright infringement would have been if he had copied or distributed the exact material (like the videos) or if he had copied a previously published copyright protected text verbatim. He did not do any of this so there is nothing to prevent him from sharing his knowledge as he sees fit. Pipper's material is protected speech and only a court of law would be able to prevent it and there is really no legal basis for that. Maybe they would close the thread if that was published but it would be out of ignorance of the actual law and not based on any legal recourse. Anyone here could actually write and publish a book about the subject and it would be protected speech, it would be like writing a book about Bollinger Bands or trend channels. Other people have written books and articles about Volume Spread Analysis for example and Tom Williams can't sue them. Maybe he would have a case if he trademarked the term VSA or something but that would only be limited to the use of that particular term. He can't prevent what is legally considered a derivative work form being published or shared.

     

     

    As Steve said, weigh your message to steer away from inflammatory and personalized attacks. Are you going to keep going like this for 200 pages? Is that what you want?

     

     

     

     

    pipper1's 84-pages MMM notes and the new Version 2 that he planned to publish also come under copyright infringement, as fxallenstg explained previously. if you post it here, this thread might get deleted as well ..... which appears is what you want with your constant harassment.

  10. I have been avoiding trading on NFP day because in my experience I have not seen that it consistently works using the MMM principles. I have explored with other methods and it seems to work better if you wait until after the announcement and get on the newly established trend. I believe that SM recommends not trading on NFP unless you have a lot of experience.

     

     

    Gentlemen: In the past some posters, believed to be MMM supporters, have intentially provoked conflict, which led the administrators to close the thread. In other words, provoking conflict served their purpose. In order to avoid that outcome I suggest that posters weigh their messages to steer away from inflammatory or personalized attacks. If you have a concern that a poster is disruptive, or acting adverse to the purpose of the thread, I suggest you report it to the forum administrators.

     

    It is interesting to learn that MMM devotees, or people who paid substantial funds for the MMM seminars, are troubled that the MMM theory is not as advertised (to put it charitably). We've heard this before. In that one purpose of this thread is to discuss the veracity of the MMM theory, I think reports about what is occurring would be of interest.

     

    This is particularly relevant because MMM or Mauro supporters have gone out of their way to communicate that I don't understand the method after one year when I have questioned it.

     

    As fate would have it, yesterday AM (Pacific) I placed a long trade in EURUSD on the premise that the downward price movement out of the Asian range was a fake move. I thought I saw a W formation. This was a wrong interpretation. Price continued downward.

     

    We can, of course, continue to report our trades, or modifications in the methodology.

     

    Steve

  11. http://i.imgur.com/yXIMC.png

     

    First thing I've been doing is to try to determine if the market is trending strongly or ranging. I only use the 5M charts when the market seems very choppy. I have incorporated the bollinger bands to look for price extremes and when I identify an extreme I think it could be the beginning of either a stop hunt or the actual move (in strong trending markets that is usually not the case, we usually just get a straightaway which I am still having trouble identifying) . I wait for a price bar to close up or down depending on the direction, after touching or piercing an outer bollinger band and I also wait for the bar to turn blue or red depending on the direction using a Heiken ashi or whatever paintbar indi. I then place an order one or two pips above or below that bar. I am very aggressive with my stop on the first trade since it is very likely to be a stop hunt and I have a take profit target of 20 pips. After reaching the 20 pips or getting stopped out I start looking for the reverse, pretty much repeating the process but anticipating that this may be the trending MMM move so I switch to the 15M if price goes beyond 25 pips or so in profit. I set a take profit target at 40 or 50 pips for one contract and trail another to capture a bigger move.

     

    This is great! Please show us more of your trades. Your explanation is very clear.
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