retry99

Hi Retry99.I recentrly bougth Tom Hennessy system. I'm having a lot of difficulties, but not as long for the system as for my idiom limitations, which make me advancing slowly in the reading and comprehension of the system.

Do you think is a good idea to jump to premium forum when I'd understood the PST?.

Remember: when you decided to begin any activity related to S.T.A.R I'd be very interested.

Thank you.

Fran

You should always ask for help. That is my advice. Even if you have trouble with some English you will probably speed things up by either emailing Tom or as you say get in premium where the chat would almost certainly help.

This I had trouble with..."Remember: when you decided to begin any activity related to S.T.A.R I'd be very interested." Not sure what you mean there.

Hi retry99,

 

I am a paid up member of STAR but taking a breather at the moment.

Referring to the last image on your post of the "new template" have they "added" any new development to it

since the past couple of months?

thanks

4xxxx

You might be thinking of the MT5 template. That one has not been developed more but the issue with new builds causing a need for workarounds to use with older builds was solved and it just runs normally now. The screenshot is for a new MT4 template that actually seems to have brand new stuff even the MT5 does not have - but I have only seen the screenshots so far. There is a feature that is also coming which does not show on that screenshot which is a period orientation histogram so when you adjust the speed you can see the result I guess for getting traits valid without data window. Sounds like from chat that there is more being added and we will have them any time now.

Hi hankt80, your frank discussions of the poor results actually helped this thread. Sad to see that you have decided to stay away and removed your posts. As you can see, the reactions to your revelations encouraged more charts and pictures being shared and discussed about this system.

I agree 100%. I don't often have the time to come and post about results myself. As some others express we do not really know what might be considered wrong and endanger our own standing. One thing is for sure the loyalty to the owner of STAR is very evident in the members.

And ianf0ster, your post is your post. I respect your right and your own intention not being the same as the point that I take from it, but let me play around a bit with it, ok? I think you will see why I am a little uncomfortable with the exact wording. Let's see.

I want to suggest that the phrase might have been more (what's that term hankt likes, oh yeah, accurate) if it had been "your frank discussions of the poor results you for some reason wanted to portray so you screened and slanted them to fit your purposes". Why do I think that would have better described what we heard from hankt? Because the group of trades shown being truly representative of the watchlist trades has been refuted by four other members who state that this is the group that is culled early and the rest are in another section. Notice the ABSCENCE of those as evidence of what hankt apparently had in mind and the standing up for what is truthfully in the watchlist results as a whole came out right away.

Since the system has been around for years I think the play by hankt was dirty. Heh if you do not keep the risk percent that the system advises and you take your own group of plays and you don't use the recommended analysis data then you could certainly have troubles. You could get angry. But if the same setups are sending the performance over the cliff where are the other complaints from the same period? Several others are not in aggreement and say he is distorting things. I won't display the watchlist but I will tell you it is a gross distortion. STAR didn't change from August to September. I think the range went down in the market a bit but it has been down for some time anyway. I don't think you want to push but just take it as it comes.

This is a good post dukeaugustus. I also hope that hankt will reconsider.

This idea about PTS and 100% accuracy seems to come at me from left field although I have not been there since the beginning. I get it and see the evolution that has gone on from the forum and chat but it just seems to me to be either my misread or a non-issue. If the word accuracy means the same as win rate to someone then I see it. To me these are not one and the same and from where I come into STAR it just is a non-issue because the way the system works it is accurately letting you know if there is a PTS or a CSA or a CS (which waits for new pullback or trend extreme - a no trade).

This was a massive improvement to the original STAR as far as I can see. Here are some trades that I just got off the website:

CHF/JPY August 2nd, 2012 Long at 79.119 (Ongoing 725 pips):

http://i1106.photobucket.com/albums/h372/infomanager/120802-chf-jpy-h4-csa-pivot.gif

AUD/USD October 18th, 2012 Short at 1.04025 (Over 150 pips In Consolidation Area):

http://i1106.photobucket.com/albums/h372/infomanager/121018-aud-usd-m15-csa-pivot.gif

AUD/USD October 23rd 2012 Long at 1.02463 (Followup to previous Short):

http://i1106.photobucket.com/albums/h372/infomanager/121023-aud-usd-m5-csa-pivot.gif

If you check your charts I do not see how anyone can complain about accuracy no matter what kind of label the signal is given. I do not know of ANY system that can get these kinds of signals.

BTW those charts are showing the signals on an older template. AND we got a preview of the new tools which are on deck which will be doing much of the work for us. Here is from the premium forum's chat pics:

http://i1106.photobucket.com/albums/h372/infomanager/121025-aud-jpy-m15-13-68-sm-adjust-new-precision.gif

This shows that the speed will be calculated when the force histogram (red/green bar) is not in spec. Also it will be checking a couple other criteria for us as well as telling us which X-Factors will be giving signals worth looking into. This will make spotting signals easier. Then there was also mention of a period orientation and flip/cut histogram for easier setup locating. I cannot wait to get my hands on those new ones.

PS Sorry that last shot is chopped off in the post but you could right click to view picture and zoom it. That box on the right shows a ton of info for the pullback evaluation and the forum preview says that just loads in when you open the template. Very nice.

It is easy to see what happened to Hankt.

He made lots of pips. Thousands we are clear on that and we also know he stated himself that he did not have much success before using STAR. He obviously made way more than the purchase price. Can it be more clear? He blew up his account. That hurts and I am sorry for him.

There were some things I remember from chat and something another member tried to point out about where he may have gone wrong too. What the other member said was that he remembered that hankt never switched off of the FINFX data he preferred after it was tested and we were told it would not be ok to use. That could be some of the problem for sure. I remember another comment that he was using only certain setups where the retrace was more toward the trend extreme. I never thought that was a very good idea since that cuts out the trades that have a higher chance of a good run. Yes you risk a small amount less if you take only those you liked but the odds are working on the success end better for the whole group than only those who retrace alot and you may find your streak is magnified because you did it yourself. The system doesn't say to do that.

I understand it is tough to handle it if you wreck your account but you should realize that you own the mistakes.

The 40% thing is just ridiculous. He is taking that info from a section where almost all the small losses show up right away. The rest gets filled back in after the Active Trades are done being active. Some of those are ones where there is an small stopout and then they go on to trigger again and make hundreds of pips. Those won't be in the recent history tab for a while.

And who ever said this is a 99.9% win rate system? Accuracy and win rate are two different things. STAR is very accurate. It tells you if a PTS is not there for you. It tells you exactly true that the CSA is there. It gives you an exact stoploss. I take the CSA trades and I get an exact low drawdown entry with a super plan for my MM that neutralizes the risk very early on when I have just the first target in profit. Does it work? F'n A just ask Hankt before he went off doing his own thing.

How do I know his account got blown up? I don't it just fits and another very helpful member said he also felt the same way about the antics. I already know he is less than honest since this incident because when he told us his winnings in September of 1700 pips in August he said he didn't have success until STAR. Then you didn't hear from him for awhile and he comes back and ranted against STAR by using only the tab on the watchlist we all knew was not representing the whole story of trades and claimed that he had a 70% win rate system which he used in the past and worked well. Sure a 70% win rate is great. But which is it hankt? Unsuccessful or a proven 70% win rate system? STAR beats 70% by the HARD MILE at the top. Go for the pips pumper that this STAR is and stop whining about win rate and when you get there do exactly as you are given instructions for and the only percent you need to worry about is the risk percent in those instructions. Then you won't blow up your account.

I am also glad to see this thread come back to life.

Why? Because we are colleagues, aren't we. Friends as ForexMike likes to say? Well maybe not close friends which is difficult in this virtual environment but hell we sure understand the frustrations and challenges we each one of us faces all right. Just like with friends we don't always agree with everything evryone else says. You don't have to agree with me either, just tell me to stf up if you want. I won't but that's ok. ;)

My reason for posting rather than lurking today is that I have a gripe. Really? 3 Years to learn this? Really? You've got to be kidding. One person says they tried this many many times, kept coming back to it over and over. Really? Come the F on! Then some of you others that truly and obviously give heartfelt recco for potential buyers to be encouraged because it definitely works, but then tell them how you took years to learn it. I am talking specifically to freakgib (Gert) here about the 'years' comment a few posts back. The STAR forum was opened in January 2009 and I looked up freakgib his member name there and in January 2009 he was giving advice with specifics on the system to help another member with strategy questions. The system itself began being published in mid 2008 right? How is this years and how are you supposed to be helping others to be encouraged to get STAR by making that statement? Are you confusing the growth of your knowledge or something, Gert?

We do not need to pander to people who did not get their book and study. This is the real world. If you took a degree program in school and thought you would not have to take the concepts presented by teacher and book and do some head scratching, just be GRANTED the diploma and the cushy job at the end after a few hours of 'study', no doubt you would be in for a waking up. This has got to be just like what you see everywhere else in the world. People thinking somebody owes them something and if they kick enough rocks there will be ez livin under one of em.

I like to encourage but I am not about to coddle. A comment like only 3% of the people who buy this understanding it is so crazy I hope all of you did not absorb that nonsense without checking the logic at the front gate. Think about the developer and tell me does it make sense that he would continue with the Supertradersclub site? But then again I saw another comment that someone posted that said the developer doesn't even understand his own system so I may be giving some of the members here too much credit. Is it maybe more like it that he is instead quietly revolutionizing our industry? There is no other system OR developer like this, imo.

But I do respect you members and you are my colleagues. If you have not given STAR the correct chance you still may but I think most read these half-baked ideas and see the real picture and are balanced enough to know better. And if not then with enough attempts at easy street you will become more balanced, no choice in the matter, it will happen.

Please allow me to say something about where I am coming from with my little rant. STAR flat out works and it works all the time. This does not mean every single movement of the market gets signaled perfectly. What I see is that every time you get a trigger on a signal it will be early in the reversal move and if there was no pips to be had in a reversal you are in so tight to the stop you have a very small loss. You also KNOW exactly where and if the entry should be made and where that stop is and more often than not if there was not going to be any pips in the other direction the system would indicate to stay with the trend direction or wait for the next corner which is going to be nearby. There is no subjectivity because the criteria is completely mechanical.

Does anybody have anything else they would like out of a trading system?

I want to address the idea that someone does not know where the starting point is to pick up a trend and the ebook instructions are confusing about this. I don't think they are and that instead traders are confusing the challenge of applying the simple facts they learned with the simple facts themselves. The challenge of doing it is not the same as the facts on how to do it.

Let me prove this out. The ebook starts out in the main instruction area by saying you need to look at a chart in a larger timeframe than you want to trade to get your bearings. Ok so I call up a chart on let's say an H4 and the book says to locate a big move. Any move in a market must have a starting point so you pick some big move and you note the start and the book calls this the Main Pivot.

That is the simplest thing in the world. How can you not know from that where to begin? If you are looking in the middle of a move that has no clear starting point that stands out to you then I guess you may have trouble knowing where to start. That's not the fault of the instructions friends. That is you not following the instructions. No matter if you are giving somebody directions to the front mailbox you gotta expect that they have the sense to interpret which is the starting point all on their own. You aren't gonna hold both their hands above their head and walk behind them like a pre-toddler. If you cannot determine what a big move is on a chart including where it starts then get out of trading. If simple English cannot be used with you, how in the world can the developer get any point across to you?

Heh You out there, trying to make some money in trading and it isn't working... You've tried system after system just like all of us have. I am going to direct my talk right to you and over all the people who can't look at a chart and see a MAIN pivot. This is what I have to say to you. STAR flat out works and it works all the time. More importantly the other traders who say the same thing will agree with me that it is never going to stop working and because of it being the completely different kind of system that it is, there isn't going to be any other system you will be able to find that will work all the time. Every other system or EA is built on timeframe and indicator. STAR is not. STAR uses charts and indicators but the approach is completely different. I mean completely.

No other system uses the chart to find the spot for the signal, they only read the signals they generate. When you look at a chart you should see that there are spots where it is congested and times it is free moving. Some congestions are small and some prolonged. Some free moving runs are not sustained and others are. There are probably several others but you get my drift. If your system just reads out to you the signals it generates but is not distinguishing between the different type of action then expect the results that has everybody in forums looking for relief.

Now the next big controversy. "I Can't understand the messy indicators." STF up! If you can make all your MONNNAAAYYY with naked price action fine but as Hankt80 points out that's a useless post. OK back on track. The book gives the instruction that you can only have 1 flip and it says you use the band of indicators to see where that is in the price action. It is the dynamics and the construction of these MAs that make the function of locating the spot for the signalreading to work. If the developer could have made it with fewer indicators he would have. It is explained that they are a special set, a fibbo family and I agree they ARE special because how they do their work IS amazing.

So the instructions show you a picture and it is pretty basic. It is so zoomed out that you can't even really discuss or wonder how all the indis work. It just shows a main pivot and a flip. I hear a few people wondering about a flip though. Again how is this not clear?

http://i1106.photobucket.com/albums/h372/infomanager/ribbonflipexample.gif

This is basic kindergarten folks. Price starts at the main pivot in this picture lower left and goes up. The MAs go up too. Trend takes a break and the MAs turn down too. That caused a complete flipping over of the MAs. Yellow on bottom, yellow now on top. Wow complicated stuff.

Yes I learn afterwards that each section has criteria like the MAs must be following the trend enough before the fliping over that they are on top of one another at least on one candle in that section. I want that. If I don't have criteria I won't be able to tell when my trade setup is a good one or not. With the criteria I CAN know to reject a setup if there is not a meeting of that criteria. There are not that many sections. I can memorize a small list with a little practice. THAT is the LEAST of the challenges I will face in trading. THAT is the LEAST of the EFFORT I will expend on behalf of the goal I set for myself.

Maybe it's just me. Maybe I am some real brainiac and this kind of stuff is flying way over your head. (I don't believe that!)

All I can say at this point is the way you approach trading is you find the system that works. You learn it you apply it. If it takes some time so what! If you didn't think it would you are the problem not the system. If you want new results you have to do something new. But I am here to tell you that none of the other systems that are new to you are going to work all the time because of how they are built so get STAR and you will want the premium. The chat just might be worth the couple hundred bucks a year ($25/month) if you get this posted to you or see it in the watchlist:

--PAIR--T/F&Speed--Main Pivot--Results, Short right spot 1.3032 Aug 10th +500pips:

AUD/NZD M15 0.820 7-Aug-2012 e/v at M15 0.820 0.618 CSA SHORT Gert 1.30321 8/10 1:45 540 pips max so far

How much more can I tell you about STAR? Can I learn it for you? NO. Can you learn it? Of course you can, you don't need to be experienced in forex other than knowing how to place trades so I disagree with ForexMike because I think he is just being kind enough to give some the credit that they are not in a freebie seeking rut. And you don't need to PM anybody to ask if they think you can learn it. Of course you can. If you can get the basics I have laid out here then there is nothing more complicated in the system than this. You will need to put the steps in order and at the very least use the checklist for the criteria against a setup. Hell you can even earn money on trades like that one while you learn and ask questions live 24/5.

Yes you may need to even learn the meaning and abbreviations of that setup callout. The first thing I'll tell you about the callout's meaning, it means you are on your way and the search is over. How can we complain about learning this process once and for all compared to endless trial and learning endless systems which don't work consistently or at all?

So tell me all of you, IS it me? I stick to my guns and say there are plenty out there that think there is a free lunch. I'll certainly concede that there are probably a small group who have stumbled but that need nothing more than to get serious enough to find the obstacle and bust it. I want to warn you that you will not be able to just use the pirated ebook. The forum has the goodies and the ebook just gets your basic training started. If that accounts for anyone's trouble that is not the developer's fault. When I got the system it was explained right on the download page that I needed both and to just give a light read of the ebook and then get on the getting started post of the forum and from there the links fanned out to cover the layout.

Peace my friends ;)

PS - I am editing to add that ForexMike will probably thank me for this post. No, THANK YOU friend!

heh traders I just pulled this off the chat history and I think this tells something that has been asked about on forums. Like why do the traders stop posting after they get STAR? We have Hankt80 here talking about buying the system and then no more posts. Then look what I got off the chat history.

hankt: Gert, I just checked my trading history and in August I made 1.7k pips \o/

hankt: my record ;)

hankt: and I didnt even take all the s/u's

hankt: but I just started in July 2012

hankt: being trading since 2009/10 but didnt have much success till now

I think it is natural to leave the searching behind. My experience also. Good luck Hankt80!

 

Hi S.T.A.R. Experts,

 

nice thread here and a very interesting system ...

 

I´ve got a question for you: How to find the correct timeframe in realtime trading, for e.g. the current status EURUSD?

On H1 even now I recognized a flip formed, whereas it is expected that the trend continues downwards. On the other hand, I´ve got a setup on M15, where´s also a formed flip and it is expected the trend continues up. And now ... what to do? Maybe I´m wrong...@-)

 

Regards,

Tom

The criteria is the glue that holds the whole system together. I mean the criteria for the complete set of traits where not even one element may negate another one. To start with only one flip, that's the obvious one. Added to that is each trait's criteria and so this is a very precise system.

The ebook starts out by stating your exact problem. Which timeframe view contains the "trend"? The system is the answer.

You will need the other parts of the system and the full set of criteria. I recommend the premium trial at very least because the tools are now unbelievably better using a speed multiplier instead of a range of templates. Find any speed needed to get a set of traits.

Don't understand what you mean. The Indo-Investasi link is where Captain posted, and the Blogspot link is where he actually stored his charts and detailed explanations and personal blog. You can compare the notes he wrote and the pictures he showed, they are the same text and content and he also referred us to his blog. He wrote extensively so how can there be "no reference to him"? If you want to save time on the reading then just glance at the charts.

Ok Ian if that was not the intent I am sorry. I think Captain at one forum is not the same as Captain at another but I was remembering another post that had the same type of linked info. Again, Sorry.

maybe you can post some of your trade setups here... that can be very helpful for us that are learning since this is the 'STAR trade setup' thread...

That is a good request turtle. Only thing is my own setups are not using anything like you are familiar with if you have the old stuff from on here. The idea is the same but you would not be able to see the same traits. This is because of the 3 place decimal Speed Multiplier that is used in place of switching templates. More setups than are possible at 1/2x or 1x or 2x and the speeds are now adjusted at the pullback evaluation using a very precise histogram Force Index.

http://indo-investasi.com/showthread.php/17926-Req-Vl-dimir-Rib-kov-s-Forex**LST**System?p=226761&viewfull=1#post226761

 

Captain, a former S.T.A.R. trader, made 1671pips on June 1st. See above post.

 

http://trading-price-action.blogspot.sg/2012/06/1671-pips-on-june-1st-creative.html

There seems to be a method to your posts about Captain. There is always a site that has no reference to him BUT there is always a clickbank link to another trading system on these pages you give links for. Save us some time and just put the clickbank hoplink OK?

Hey All,

One other thing thats not discussed in the ebook and thats poly-wave or irregular position of the MP i believe. Those who know more about this can correct me if i'm wrong, but damn something else to get your head around.

The ebook does have a description of the mp criteria but it was much more open to interpretation. In fact Tom had felt it necessary to restrict it because he said it caused some trouble for some who ended up with two flips in their big move and we know that can't be allowed.

The ebook says it must be a jump out at you mp. Tom restricted it at one point to be the move before the mp needed to have a flip in it. Then he made it more like the original but with a better defined criteria.

Now the criteria is the move before mp either must have a flip in it - OR if not - the move before that must have a flip in it. I find it kind of amazing but after I began to use this later criteria it surprised me that each mp which meets it is a jump out at you mp. :)

So that is all it really is, if you don't know the terms mono and poly wave, if it has a flip in it it is a polywave(pw). If it has no flip it is a monowave(mw). Of course this would also mean that the thing defined as a move with a flip would need to be like a zigzag and as always the flip is in the thick sma group. When talking about two moves of course this means they are in two different directions.

So you just need a move before mp that is a pw or else you need the two moves before to be a mw-pw combo, meaning the 1st has no flip but the one before that does.

What does not make for a valid mp is where neither of the two moves before a pivot have a flip and that is called a mw-mw.

Looks like the new files are available only for premium members, I am a legit owner and used up my free premium membership a long time ago :( Cant find the new files anywhere in regular members forum.

The new templates are reserved in premium only because they are in beta-testing. Even newer ones for MT5 were talked about today (haven't seen them). I guess there is a single template on the way for MT5 which can handle everything on one screen including the infinite speeds and those are adjusted with the arrow keys. This is getting my juices goin. You press a color button in a subwindow that changes you to your x-factor. Doing this live adjustment of speeds was described by Tom as being like it is animation. I can't wait.

Also in chat history of earlier today I saw a review of a setup on Eur/Usd M1 that was in between the 1x and 2x templates. The speed was "M1 x 1.133 > 8/23 2:52 and the p/b ext bar of 8/23 13:58" and "Super1: so that gave a signal of CS at M1 x 1.986 x 1.236 with a lime twist good for CSA and triggered nicely on the M1 x 1.986 x .764 short" .

The short was at 1.4488 earlier today and went 111 pips so far.

Those speeds you see in addition to the fib ratio and timeframe are from a "speed multiplier" setting on the indicators. This and 3 place decimal is what allows us to choose any speed we want. And that makes it possible to find extra fast setups and in between setups.

Downloaded the new ones and quite surprised to see Tom say that the arrows are more accurate than the data window. Thanks again guys for the heads up.

How do you like the new templates Wade? I think they are unbelievably good.

I saw that there was a setup on Gbp/Chf M15 that gave a CSA signal that only could have been found using these new ones. It used a speed of .730 on the M15. I was not in on it but it has gone for 1400 pips so I wish I was. It was long at 1.1717 on AUG 10 at 11:00. I can only imagine how this will add setups never seen before.

Hey retry where in the star forum are these new templates? I must be overlooking them somewhere. Is it the x3 thread?

Wade it looks like these are only for the people in the chat and watchlist for now.

I am still finding out just how good these are. A lot of thought went into these tools.

Finding flips and reading signals are now instantaneous. It's just arrows but they are perfectly accurate. (something like 8 digits hehehe). If it shows the Gold made a flip it is dead on - not like those other arrows that were just to give an idea - sometimes they were and sometimes not. And you needed to go through the data window and check.

Same thing goes for the signal lines and the turn of purple and lime before the pullback. Just a glance and you know what the signal is. And the CSA values are displayed for you.

And like I said you can use any speed you want. Using these just makes the flow much better. You will like them I know that.

Wow these are great new templates and indicators. Having too much fun.

You can set ANY combination of speed and fib ratio and the arrows on the gold and on the x-factor signal charts are accurate to the micropip.

And the indicators are using full precision, not integers, so the accuracy is much better. I had a signal difference on one already.

Gotta play.

talk later

Those that have and understand this system, is it worth buying?

Definitely. Of course. Just look through the threads and see how people feel about it. Then you only need to ask yourself, "How many 1000+ pip runs have I bagged lately with any other system"?

With the Watchlist you will be getting to the top floor on the express elevator.

Tom's comments about the new indicators makes me think this will become a scalper's heaven. And I guess as far as I am concerned it is the holy grail for me. But it trades a certain way I like and someone else may not like it. Maybe there is something about the term holy grail we forget to define. Maybe this is why some think there is no holy grail. If this isn't it then I sure don't know what is!

usdjpy rising 'cause the boj interferes, but is it a star setup?

UJ setup was M30 mp July 8th ev at H1x0.382

it was a CSA signal triggered LONG @ 77.17 8/2 9:00

Signal did give more then 1:1 on the trade before hitting the stop loss. So as always it will come down to money management. If 1:1 is reached then you could have placed your position at BE+. I've sim for about a month and almost doubled the account. But again using discretion for example CSA plays are riskier so I would be more aggressive with money management. PTS plays are high probability so you can look for at least a 4:1 or as I recently found out primary to secondary stages. I'll keep everyone posted on month #2.

STAR is really on its own and unique. Good money management of course but you don't want to use a scalping mode around a PTS or forget the term of the trade.

4:1 sure but take another PTS mentioned before (Aud/Nzd short at 1.3759 now at 1.2488) as an example. That only had 33 pips to the trend extreme and has earned 1275+ pips so far. That is over 38:1 and it hasn't finished yet. This is why its called a Supertradesystem.

Hey RETRY,

Was the stop hit, if so what now?

 

Thanks.

The Chf/Jpy trade did hit the stop as it was mentioned may happen. Those ones with the turn of the signal line falling within the signal tolerance of +/- 1 pip should still be taken (with appropriate care).

The reason is because you want to get it if it turns out the other way. The previously mentioned Aud/Nzd trade is one that also had only 1 pip and gives a good reminder to take both possibilities into proper consideration.

The setup is still working for the Chf/Jpy so it is waiting for pullback on the 0.5X Daily.

Hi people,

 

I was just wondering why in the secondary setups ebook, tom doesn't look for secondary setup's on the first couple of pullback's of his trade walkthrough (the pullback's on pg's 14-18). Is it because the green hull didn't come in by enough pips, or did I overlook another criteria.

 

Edit: I've been playing a game of spot the difference between the pictures of valid secondary setups (ss for short?) and invalid ones and the only thing I can notice is that the green hull is below the purple hull on the non local tf, but I thought this was only a requirement on the backup support chart.

Can't help you with that pg's 14-18 thing. The real ebook isn't numbered like that. Perhaps use illustration figure numbers.

Thanks Retry,

Datafeed is definitely a factor. I see what you mean. But in regards to knowing when to cash out. Can you explain when would you cash out? Would you look for the inverse setup. Meaning lets use the current PTS trade (CHF/JPY). On the way south we will look for primary/flip/secondary/cut/pullback. And when we see a pullback or trend exhaustion is this when we would cash out?

Right, that was what I was meaning by following the system on the trade. Let the trade (or portion you wish) grow out from the trigger by having the trend extreme be the mp and the retracement be the flip. Take it from there and it will be handled by the 13-68 tool and methods as usual.

A few 1000+ runs will have you wishing you had all the portions full run. @-):D

I purchased the STAR system a few weeks back. I have been on vacation and I took a print out of the ebook with me, and have got a pretty good grasp of the primary set up and I am starting to understand the secondary set up.

If anyone who has purchased the system wants to correspond with me that would be great.

I am looking to be able to ask some clarification questions and to share possible set ups.

I also want to understand when and how to use this "52"s thing.

If you would be willing to accept a few emails from a trader trying to learn this system, please PM me.

By the way, I am a premium member so I do have access to the chat

 

Keith

Keith if you have premium then you have everything you need. That's great. In the chat many new STAR traders have mentioned that it was the chat which cleared up any questions they had quickly. I would suggest that this is where to go to ask your questions. A few here have posted similar things and about the willingness to help by other members there. Nothing beats realtime chat and knowledgeable traders to get a setup squared away.

Thanks RETRY,

I'll sim trade on a reversal candle pattern if formed. What would look like potential targets for you? I see 94.800-94.500 area as 1st res. 94.100 as possible 2nd target. 3rd lot can be removed @ 90.300.

This system does not rely on candle patterns and normally (if the turn of purple is at least 2 pips) the PTS trade gets taken automatically. Things which may alter the decision might be range to the trend extrem due to very large scale trade setups. Of course this may be modified by the size of the position(s). I have seen many trades where the candle patterns are either contradictory to actual results or gave nothing to go on but I am sure anyone using candle patterns has seen this. In this trade's case we just need to be aware of the 1 pip turn.

Also it is very important to use the right data. I see that most feeds have an artificial spike up to 97.93 but that has not happened and the trade is still a go on our feed. Results have proven it matters because the signals are so accurate. The daily high has reached only 97.66 as of now since the trigger.

Targets are possible but I use the system to keep from early shakes. For example I'm sure there would have been many S & R bus stops along the route from the short of Aud/Nzd at 1.3759 down to the low so far of 1.2480 (over 1275 pips so far). It is important that you get the term of the trade in your mind and the way the system works so that you don't miss out on all the market can give you. It can be tough to abandon some tried and true ways we learned but the switch is well worth it.

Nothing is like STAR.

Hey RETRY,

Did the stop hit? I see a higher high form.

nt the stop is set at 97.85 and the setup will still be valid if it does set a new trend extreme.

Anyone looking at CHFJPY and the PTS trade that had a trigger? It is Short at 96.98 on the daily. It is still in that area now but you want to know that it only had a 1 pip turn of purple so that is inside the signal tolerance of +/- 1 pip and that means it may have a continuation despite the reversal signal. Also the normal template reads as a PTS on the .236 but Tom says the actual STAR precision for the 13 would have the .382 as the nearest color matched cross within 5 bars. I guess from his other comments that we may be getting a new set of templates that goes from integer to decimal precision.

hmmm, +/- 1 pip precision signals and now even more accurate tools.

Wow when is this guy gonna break out the lasik machines? :x

the setup is from a mp of May 25 2010 on D0.5 and trigger was D1 x .382

Only 80 pip possible DD on this daily signal at the signal line and only 59 atm.