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retry99

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  1. Like
    retry99 got a reaction from ⭐ dukeaugustus in S.T.A.R (SuperTradeSystem) Trading System   
    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.
  2. Like
    retry99 reacted to ⭐ dukeaugustus in S.T.A.R (SuperTradeSystem) Trading System   
    Hi hankt, sorry to see that STAR is not working for you and that you are leaving it behind.
     
    However, I hope you would reconsider, or at least do not burn the bridge behind you so quickly.
     
    Because my experience is very different from yours.
     
    About the 40% win rate you mentioned, it seems you did not include the trades still on the the active triggered trades page. Most of the winning trades are not moved from that page to the completed trades page for a long time.
     
    As losing trades are quickly closed and moved to the closed trades page, but winning trades are left running and stay on the active trades page, if you count only the trades in the closed trades page, you will skew the results to only seeing mostly losing trades.
     
    For myself, due to my own schedule, and preference, I can only trade the longer time-frame setups, and do not trade all the setups, so cannot comment on the actual total win/loss ratio of the entire watch-list. But for the trades that I have taken, my results have definitely been profitable.
     
    And yes, I am talking about live account, not demo.
     
    I hope the STAR community or Tom would not hate me to list at least just one active trade to illustrate a point:
     
    There was a long term buy trade triggered on 28/08/12 for Eur/Sek, entry at 8.21802, stop loss at 8.17197, first take profit at 8.34807.
     
    The reward to risk on this trade is therefore 1300pips/460pips = 2.82
     
    More importantly, look at the rest of this Eur/Sek trade history after hitting first profit target: before a significant pullback in mid September, the price kept moving up, to a max at one time (on 17/09/12) 8.64326 (meaning max of 4252 pips profit), which translates to max potential reward/risk ratio of 9.23.
     
    If anyone decided to ride out that pullback, the price then moved back up again, currently at about 8.67108. So today, any still-opened trade portion would already have a profit factor of 9.83 to original stop loss.
     
    I am not saying we would be able to exit the trades at the maximum potential profit level. But this trade at least illustrates the impressive potential reward to risk of a successful STAR trade.
     
    But no matter what you decide, hankt, wish you good trading and success.
     
    p.s. Don't know if you can still access the watch-list, hank, otherwise you can verify the trade I mentioned above. And to echo another member's post, you will also see many other winning trades on the active list, which were also active in September during the same time period of the losing trades you noticed. And active winning trades do dwarf the losing trades both in terms of pip count, and in terms of potential profit to loss factor.
     
    So although there may be faults with STAR (difficult to learn, time-consuming to find set-ups, slow updating of the watchlist and active list, and even confusion about the PTS near 100% accuracy versus non-PTS setups, etc.) but I do not think it is a scam, and I have found it profitable so far.
  3. Like
    retry99 reacted to stijjn in S.T.A.R (SuperTradeSystem) Trading System   
    This is so true,
    I must say, I was very pessimistic about this system and honestly the problem was not the system.
    The problem was me. To all the non believers out there, the only thing that I can say to you is
    give it a fair chance, no free meals like the other guy is saying.
    If it don't work, take a break but don't give up to learning this beauty.
    If you get frustrated in not understanding, take a break but don't give up learning this pearl.
    And most importently (my biggest mistake)don't be to proud to ASK for help !!!!
    If you realy dedicate your mind and some time to it, it will not be years but couple of weeks and maybe some months to make it your second nature.
    For me, its now 2 weeks and a couple of hours a day with Gert.
    I'm not there yet, but there comes a time when you start to see that every criteria and line and color is there for a reason.
    When you start seeing that, then you realy get motivated.
  4. Like
    retry99 reacted to ForexMike in S.T.A.R (SuperTradeSystem) Trading System   
    ^:)^^:)^^:)^
     
    I totally agree with my friend retry99. The thread has been inactive when it should be one of the most active threads on this forum. This is one of the most reliable pip income manually traded systems and people tend to shy away from it because a few disgruntled traders gave up on learning the system too early and then post how hard it is.
     
    As stated above, it you give the system a try, you are likely to become a very successful trader. We know it's not the low price that is pushing you away from trying because if you can't afford the cost of the system, you shouldn't be trading the forex.
     
    What the successful traders that know the system have in common is that we like the STAR System and that we are trying to encourage others to check out the system too. There is no hidden agenda for us to post on this thread other than to say "Here it is....and it works!".
     
    The STAR as mentioned, comes with a forum that gives the added training information that goes beyond what you don't see in the training material. This info is fantastic. The forum is really not that active and one should look at the forum as a training material storage and share. We subscribe to the threads we like and are notified by email when someone posts new information to those threads.
     
    I've been trading for a loooonnng time now and I have NEVER seen a thread that has great members making postings that are trying to encourage other traders to learn the system. Yes we push but it's because the system works. Find one single trader that can say that he purchased the system and the system didn't work. You can't, and that is because it does work. The only gripes are that some are unable to learn it. Now ask yourself, if you KNEW you could make $50,000 + a year trading the system, wouldn't you do whatever it took to learn the system? Don't ask for statements from successful traders since no two traders trade alike. Don't ask for average pip counts since contrary to most traders, it's not the pips that makes money, it's the traders lot sizes they trade.
     
    Tom Hennessy is way beyond his times and is a genius in my opinion. He developed the best manually traded forex system 4 years ago because he has a big heart and wanted to share a very promising forex system with others. No one would take it seriously if he sold his system for a small price and he started selling it for $100. The system now sells for $267 and is still extremely cheap compared to it's worth. If you can't afford the price, then stick with those lower price less effective trading systems.
     
    Some will ask why we can't share the system and to answer that, the system is coded to one's computer and can't be shared. The only way to obtain a real working trading system is to purchase it.
     
    I'm one of those traders that skip the simple trading systems and go directly to those that are more complicated. When I found the STAR System, I found the system that looked challenging at first glance but I also knew that this was the direction I was going to take.
     
    Ten different traders can name ten different systems that they swear is the best. How many of the other nine can say that their system has no complaints that the system doesn't work? Think of the odds.
  5. Like
    retry99 got a reaction from san1111 in S.T.A.R (SuperTradeSystem) Trading System   
    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!
  6. Like
    retry99 got a reaction from C0UNDE in S.T.A.R (SuperTradeSystem) Trading System   
    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!
  7. Like
    retry99 got a reaction from ⭐ dukeaugustus in S.T.A.R (SuperTradeSystem) Trading System   
    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!
  8. Like
    retry99 got a reaction from freakgib in S.T.A.R (SuperTradeSystem) Trading System   
    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!
  9. Like
    retry99 reacted to Forexnoob in S.T.A.R (SuperTradeSystem) Trading System   
    Purchased the system and started to read it less than two weeks ago and I now fully understand it. The forum has new templates I applied which appear to make trading easier. I'm going live with trading after two weeks of upcoming demo testing. Learning process was not easy but I didn't give up. Wish me luck traders.
  10. Like
    retry99 got a reaction from joeher133 in S.T.A.R (SuperTradeSystem) Trading System   
    Your points about STAR supertradesystem being an analytical trading system are well taken.
     
    I agree as well as disagree with some of the other points. First I would say that you are not correct about needing to know EW and or Fibo to use STAR. If you look around and find the things the author says you should see that he is right about the flaw in TA being the actual candles that give you the ability to use indicators. The indicators can only work sometimes because the speed of the market interacts with the timeframe you pick at random and they may not match at that market movement. So TA is just too random unless there is a way to work it at the speed of the market.
     
    This thing is just step by step mechanical process. Its kinda funny that you mention AB=CD type of system because that is really exactly what this is. Even so I understand how it could be looked at as something beyond. That is just because its accuracy is derived right out of the markets own complexities. As the author states it the numerical relationships which make EW and Fibo work are what makes this work. So then it means that the market will not be able to fool the system. That still means analyze like you say. Not push button at all. But rule following and sequences of process are for sure.
     
    I am definitely not one of those 2% like you say but the rules seem very clear and easy to follow. Definitely better than beating head against the market.
     
    Let me see if I can describe some of it differently. I do not think I can make it any simpler than it already is but different wording might help.
     
    It is a contrarian system to get in early on a new trend. So this means bottom and top picking which is normally dangerous but the accuracy of getting the right reversal instead of only a continuation pullback is what makes it the perfect analysis method (imo).
     
    As author puts it the system method is to match the speed of the market move to be able to let the market get you the settings for the reversal signal.
     
    Even though there are specific rules and criteria for each step this is the overview for how you use STAR.
     
    So you use the first tool, the 13-68, to make sure you have traits which are defined. When that matches up and all the traits are there you can check for the signal. At this point you are at a place where there is enough evidence that a trend reversal may take place. Those are identified as pullbacks until checked for the signal which says if it is just a correction and the trend keeps going or its a real reversal.
     
    To check for the signal you again use the 13-68 to find a MA crossover nearest to the place where the pullback against the trend stopped and a retracement began to head back in trend direction again. Whichever the crossover nearest there is will be a value and that gives the setting for the next tool which is the x-factor signal tool.
     
    You just combine that value with the timeframe you are on to get the right x-factor tool. That is a template loaded up like if you were on M30 timeframe and the crossover is green then you load the x-std (which is 1.00) template on the M30 timeframe.
     
    That will show the reading and it is certain things which the indicator does that give you the meaning of a reversal or just a continuation. In other words there is a trade criteria that must be matched in order to take the trades.
     
    This gives the entry and the exit is the same method used as the trade develops and the current move of the trade becomes exhausted.
     
    So you notice that none of that used any EW or Fibo.
     
    The traits seem to be where most questions come from. This should not be so because again there are step by step sequence to follow.
     
    As you check through a chart for a pair that you want to trade you begin looking for a set of traits that is nearly complete or perhaps all the way complete. This is because this method is going to fire on an exhausted trend so even a 1 minute setup can extend 2 days.
     
    How you check the traits is like this. There is an obvious beginning to the trend on the left. If the market was going down before that and a clear new trend started going up then the place of that trend change is your Main Pivot. Now you look to the right of the main pivot and see what is there.
     
    Using the 13-68 template there will be at the chosen main pivot a reorientation to the new trend by all the MA on the chart. So the example is a main pivot low. The reorienting of the MA will make them now all be pointing up following price. See picture for example.
     
    The reorientation matters just for the thicker MA and these have to achieve period setting order. That is the slower MA would need to be below the faster MA in the uptrend.
     
    This condition is called period orientation and it needs to be in this MA setting order for the beginning section of the new trend. This first section where all MA are trend ordered is called the prime stage.
     
    After this is accomplished there will come a challenge to the new trend which is not successful, only resulting finally as a correction and later the trend resumes for the second stage. The MA movements are used as criteria and this is how to interpret many possible shapes that the correction can cause. This criteria is defined in whole by the term Flip because this is the resulting effect on the thicker MA that is achieved in this correction.
     
    The flip is when the thicker MA get countertrend of the GOLD thicker MA, just called 'gold' and the gold itself turns countertrend by 1 pip minimum. So the example has the prime stage showing that the MA are up. Then the correction is enough to cause a flip of the thicker MA which now will be orienting the opposite way to some extent and this will appear to us as instead of gold being below all the other thick MA it will be above them at some point.
     
    It is a sequence where each of the thick MA other than gold get below the gold. This will not all need to be at the same time. Finally the gold itself will need to turn down by 1 pip at least. Note that an exact same value as gold counts as getting countertrend of gold. Some flips are shallow and some are deep. The example shows a deep one.
     
    Any time there is more than one of these flips to the right of the main pivot this is a non-matching setup. There can be only one flip in a properly speed matched setup. Adjusting the timeframe will be needed and possibly this will also need to begin from a different main pivot to accomplish a matching setup with only one flip. This is the search which is the only real work for the use of STAR.
     
    Then the correction is over and the original uptrend continues on and eventually moves the price to beyond where the flip causing correction began. In addition the period orientation to the thick MA becomes that of the uptrend once more.
     
    At this place the second stage is in place. After those two criteria are met, the price above the prime stage and the bullish period orientation, the next trait is sought.
     
    http://i1106.photobucket.com/albums/h372/infomanager/-trait-set-layout.gif
     
    to be continued...
  11. Like
    retry99 reacted to Forexnoob in S.T.A.R (SuperTradeSystem) Trading System   
    You may need to contact the system programmer for a faster answer. I just bought the system and he gives fast support and you know it would be the right one too bloke.
  12. Like
    retry99 reacted to Tseko in S.T.A.R (SuperTradeSystem) Trading System Trade setups   
    I saw a lot people criticizing S.T.A.R which some shared as a result and have downloaded the system, I'm not a S.T.A.R member though but I've gone through their manual several times since last week and did some bit of 'back-testing'....I'm currently testing it on a live account. It's unfair to talk without having gone through it. Most of us traders we want quick profits that we don't even wan't to work to achieve. Unfortunately a lot of successful 'technical' traders I've read about, Robert Prechter, Ghann and Constance Brown to name a few all have done thorough research of their indicators or methods that they use to trade. I mean they at least know what they dealing with, the strengths and weaknesses inherent in their methods or systems. These people never got 10/10 in their trades, even though they may be profitable losses also resulted in their trades one way or another. The point is I found S.T.A.R to be a bit confusing when I started reading their manual but through persistence (without anybody instructing me) I was able to grasp the concept which actually came to make sense in my head hence I'm testing it. Therefore if you seriously want to trade using this manual system, my advice to you will be to carefully read the manual over and over again, some day when you do understand it you'll be able to say "we wait patiently for our target to be hit before entering the trade". However, if you're not interested in learning the system leave it alone. It's not 100% anyway, why? because it needs you to function even though most of the work is in it, so better be willing to apply yourself. I only aim to achieve a wins of 6 or more out of 10 trades and with proper money management there will be profit in the long run.
     
    Stay positive and wait patiently for your next home run
     
    Tseko
  13. Like
    retry99 got a reaction from ⭐ Ormazd in S.T.A.R (SuperTradeSystem) Trading System Trade setups   
    Have you checked the other thread? Tens of Thousands of pips while you search
     
    Hi Gary,
     
    Have you checked the other thread? You only mentioned this one so perhaps I can save you or others some reading. Below I have quoted some of the most important statements from that thread.
     
    Because this is maybe the better thing - real traders (and very experienced) sharing their ideas about this system.
     
    A couple of questions for you too because we love to see new traders come to join us. Will you watch Tens of Thousands of pips fly by while you search? Are you certain that you will ever recognize a good system when you find it?
     
    OK now I do not know for sure why the owner does not post but I have an idea. This is a complete trading universe if I may use that as opposed to what you and most traders consider a trading 'system'. I mean that this is not a "MA or STOCHASTIC cross generate yourself a trade signal". STAR is good for ALL situations using only one overall technique that is adapting to the conditions and producing pips all the time.
     
    You mention "no loss" trades but this is definitely not all the system offers. STAR is so much better now than originally given in the ebook. I took a tally of the watchlist for the triggered trades that had some closing info from Feb. 2009 when the watchlist starts to end of June 2011. The system is working for all timeframe traders from scalpers to very long term.
     
    Many trades do not have the info for closing - it depends on the trader's choice which signals he will use and the aggressive trades which are not supposed to be no loss use a different exit strategy which can put you in long running trades with zeroed-out risk.
     
    About 1/3 of the trades in there did not have the info but anyway it comes to over 50,650 pips with the ones that do have it.
     
    How are members doing? It depends on what trades you take. It is a live 24 hour watchlist just like the market. You won't get all of these. Myself I am getting about 12000 to 15000 pips per year since mid-2008 but I think I could have done better. I know I am doing MUCH better since Supertradersclub with the watchlist began.
     
    This tally comes from those who do know and use the system collaborating together and I believe this list is not covering all the trades that were possible, just the ones entered as setups in advance and then triggered which get updated and recorded by those members.
     
    So I think that either Tom is just not that concerned about the posting elsewhere and lets people recommend STAR and share their own views or possibly he knows that this kind of system is not like anything else and needs to be interpreted in light of how IT functions, not everything else.
     
    All of the postings below from the other thread have this one thing at the root and it is so obvious looking at this chart. (This chart shows an early entry at the crosshairs highlighted in the white circle and a run of 1400+ pips but it could not show the whole thing which is still moving and is over 2000 pips).
     
    http://i1106.photobucket.com/albums/h372/infomanager/eurnzd-march182011.jpg
     
    That is just the main thing - forget about the indicators and the steps - this kind of trade is the goal of all traders and once you learn the steps (even though it is work) STAR delivers the goodies.
     
    Hope this is of some help and encourages you.
     

     
     

     

     

     
    Personally I would not be so sure a newbie could not benefit because of the utter hell they will face elsewhere learning and searching (as I am sure you all know).
  14. Like
    retry99 got a reaction from C0UNDE in S.T.A.R (SuperTradeSystem) Trading System   
    ----
     
    muhatta I believe you have not taken the right approach on this setup. let me explain what I mean.
     
    AU D2 must use 10/27/2008 for its Main Pivot
    From there the prime stage is seen until the flip area begins 11/16/2009
     
    Next the second stage needs to have moved past the flip starting price high of 11/16/2009 AND get period orientation of the fatter SMA band to confirm second stage as well this needs to happen before ANY Cut move can be counting.
     
    This means that no cut move (that counts) may start until after 11/25/2010 when the lime and dark green get period oriented (dark green was under lime and that is not the correct orientation).
     
    Then there is a criteria for cut moves which was added as soon as the forum opened and many other things which were descriptions were given fixed criteria. Tom said that the descriptions left it looser so it would not restrict opportunities but that as time went on it was clear that this was not needed and the criteria are better.
     
    So anyway the criteria for the cut is that the thin gold needs to cross the fat red.
     
    This has not happened yet on D2 so there was no evaluation to be performed at this setup as yet.
     
    It is a big setup but it is only waiting for cut.
     
    It is also possible that you mean the traits are on a D1 setup and that you are evaluating at D2.
     
    In this case the cut is there but there is not a valid move-after-cut yet. This requires that the 13 and 68 bands become somewhat more parallel as well as steepening. The steepening is comparing before the cut to after the cut.
     
    Perhaps this will get that kind of push that would make the steepening happen but I don't think it will.
     
    In either case (d1 or d2) the setup is not yet yielding a pullback evaluation.
     
    In the forum and chat there is a certain callout given to setups so other traders can know exactly what the setup is that another is referring to. This would be like this:
    AU D1 > 10/27/2008 w/m/c (waiting for move after cut)
    or
    AU D2 > 10/27/2008 w/c (waiting for cut)
     
    Since the fastest setup should be used the same pivot should be used at the D1. But niether should be performing an evaluation yet.
     
    I agree that you may find setups underneath the big ones but do not agree that Tom is misunderstanding this or is hiding it. He encourages what he calls going 'faster and forward'. Meaning is to change to a different main pivot (forward) and a faster timeframe/template in order to get a setup that can trade in between and underneath these mega trends.
     
    Also there is a new kind of setup for cases such as this called the 52s setup. It is a faster tool for when there is not the usual follow through that gives the needed steepening.
     
    As you would notice the AU is what Tom called rolling over which means that its making new highs but is just spurting up a little and then going sideways a while and spurting some more. That usually will not give the steepening but the tool and steps allow looser criteria for the reversal. You could do evaluations with that method here. It is not a signal of the quality that a primary trade signal is but it is useful in choppy areas where some big reversals still show up. The signal is actually as good but you kind of ignore the continuation signal and trade aggressively on a different exit strategy. This signal is called a CSA for Continuation Signal Aggressive. Some very nice moves come out of this but it can stop out too so you need to play the right method with knowledge of the expectations that go with each.
     
    The CSA in this area would have made 239 pips but the risk/reward was not very good here since the short would have been at 1.0043 and that was 211 pips to trend extreme and 239 pips to pullback extreme. Areas that are flattening out are not good to me unless I can get a very low drawdown trigger. I would prefer smaller setups or large ones with a primary signal. The daily main pivot being almost 2.5 years old should tell you something. It tells me to watch out for a fight at the top which could be messy. Or it could turn on a dime for all I know. That's what I like about the system because I just do the steps and let it tell me what comes out of it.
  15. Like
    retry99 got a reaction from C0UNDE in S.T.A.R (SuperTradeSystem) Trading System   
    Your points about STAR supertradesystem being an analytical trading system are well taken.
     
    I agree as well as disagree with some of the other points. First I would say that you are not correct about needing to know EW and or Fibo to use STAR. If you look around and find the things the author says you should see that he is right about the flaw in TA being the actual candles that give you the ability to use indicators. The indicators can only work sometimes because the speed of the market interacts with the timeframe you pick at random and they may not match at that market movement. So TA is just too random unless there is a way to work it at the speed of the market.
     
    This thing is just step by step mechanical process. Its kinda funny that you mention AB=CD type of system because that is really exactly what this is. Even so I understand how it could be looked at as something beyond. That is just because its accuracy is derived right out of the markets own complexities. As the author states it the numerical relationships which make EW and Fibo work are what makes this work. So then it means that the market will not be able to fool the system. That still means analyze like you say. Not push button at all. But rule following and sequences of process are for sure.
     
    I am definitely not one of those 2% like you say but the rules seem very clear and easy to follow. Definitely better than beating head against the market.
     
    Let me see if I can describe some of it differently. I do not think I can make it any simpler than it already is but different wording might help.
     
    It is a contrarian system to get in early on a new trend. So this means bottom and top picking which is normally dangerous but the accuracy of getting the right reversal instead of only a continuation pullback is what makes it the perfect analysis method (imo).
     
    As author puts it the system method is to match the speed of the market move to be able to let the market get you the settings for the reversal signal.
     
    Even though there are specific rules and criteria for each step this is the overview for how you use STAR.
     
    So you use the first tool, the 13-68, to make sure you have traits which are defined. When that matches up and all the traits are there you can check for the signal. At this point you are at a place where there is enough evidence that a trend reversal may take place. Those are identified as pullbacks until checked for the signal which says if it is just a correction and the trend keeps going or its a real reversal.
     
    To check for the signal you again use the 13-68 to find a MA crossover nearest to the place where the pullback against the trend stopped and a retracement began to head back in trend direction again. Whichever the crossover nearest there is will be a value and that gives the setting for the next tool which is the x-factor signal tool.
     
    You just combine that value with the timeframe you are on to get the right x-factor tool. That is a template loaded up like if you were on M30 timeframe and the crossover is green then you load the x-std (which is 1.00) template on the M30 timeframe.
     
    That will show the reading and it is certain things which the indicator does that give you the meaning of a reversal or just a continuation. In other words there is a trade criteria that must be matched in order to take the trades.
     
    This gives the entry and the exit is the same method used as the trade develops and the current move of the trade becomes exhausted.
     
    So you notice that none of that used any EW or Fibo.
     
    The traits seem to be where most questions come from. This should not be so because again there are step by step sequence to follow.
     
    As you check through a chart for a pair that you want to trade you begin looking for a set of traits that is nearly complete or perhaps all the way complete. This is because this method is going to fire on an exhausted trend so even a 1 minute setup can extend 2 days.
     
    How you check the traits is like this. There is an obvious beginning to the trend on the left. If the market was going down before that and a clear new trend started going up then the place of that trend change is your Main Pivot. Now you look to the right of the main pivot and see what is there.
     
    Using the 13-68 template there will be at the chosen main pivot a reorientation to the new trend by all the MA on the chart. So the example is a main pivot low. The reorienting of the MA will make them now all be pointing up following price. See picture for example.
     
    The reorientation matters just for the thicker MA and these have to achieve period setting order. That is the slower MA would need to be below the faster MA in the uptrend.
     
    This condition is called period orientation and it needs to be in this MA setting order for the beginning section of the new trend. This first section where all MA are trend ordered is called the prime stage.
     
    After this is accomplished there will come a challenge to the new trend which is not successful, only resulting finally as a correction and later the trend resumes for the second stage. The MA movements are used as criteria and this is how to interpret many possible shapes that the correction can cause. This criteria is defined in whole by the term Flip because this is the resulting effect on the thicker MA that is achieved in this correction.
     
    The flip is when the thicker MA get countertrend of the GOLD thicker MA, just called 'gold' and the gold itself turns countertrend by 1 pip minimum. So the example has the prime stage showing that the MA are up. Then the correction is enough to cause a flip of the thicker MA which now will be orienting the opposite way to some extent and this will appear to us as instead of gold being below all the other thick MA it will be above them at some point.
     
    It is a sequence where each of the thick MA other than gold get below the gold. This will not all need to be at the same time. Finally the gold itself will need to turn down by 1 pip at least. Note that an exact same value as gold counts as getting countertrend of gold. Some flips are shallow and some are deep. The example shows a deep one.
     
    Any time there is more than one of these flips to the right of the main pivot this is a non-matching setup. There can be only one flip in a properly speed matched setup. Adjusting the timeframe will be needed and possibly this will also need to begin from a different main pivot to accomplish a matching setup with only one flip. This is the search which is the only real work for the use of STAR.
     
    Then the correction is over and the original uptrend continues on and eventually moves the price to beyond where the flip causing correction began. In addition the period orientation to the thick MA becomes that of the uptrend once more.
     
    At this place the second stage is in place. After those two criteria are met, the price above the prime stage and the bullish period orientation, the next trait is sought.
     
    http://i1106.photobucket.com/albums/h372/infomanager/-trait-set-layout.gif
     
    to be continued...
  16. Like
    retry99 got a reaction from freakgib in S.T.A.R (SuperTradeSystem) Trading System Trade setups   
    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.
  17. Like
    retry99 got a reaction from fxnizar in S.T.A.R (SuperTradeSystem) Trading System Trade setups   
    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.
  18. Like
    retry99 reacted to ForexMike in S.T.A.R (SuperTradeSystem) Trading System Trade setups   
    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.
  19. Like
    retry99 got a reaction from ⭐ traderdxb in S.T.A.R (SuperTradeSystem) Trading System Trade setups   
    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.
  20. Like
    retry99 got a reaction from freakgib in S.T.A.R (SuperTradeSystem) Trading System Trade setups   
    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.
  21. Like
    retry99 got a reaction from ForexMike in S.T.A.R (SuperTradeSystem) Trading System Trade setups   
    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.
  22. Like
    retry99 reacted to joekurr in S.T.A.R (SuperTradeSystem) Trading System   
    Muhhatta, thanks for sharing.
     
    I've been studying STAR with the material on this forum, with the intent of signing up to get access to the watchlist and chat once I get a grasp of the material.
     
    Specific trade examples like this really help to reinforce (for me) that my time is being well spent.
     
    As soon as I can get more proficient with what I have, I look forward to joining you guys in the premium site.
     
    Joe
  23. Like
    retry99 reacted to wadesworld in S.T.A.R (SuperTradeSystem) Trading System Trade setups   
    Thanks freakgib, ninjatrader and retry. I have been reading all I could in the regular STC forum and now I have a good reason to move forward. Wanted to get everything soaked in before activating the 14 day trial and moving into the premium side...you follow me? So it looks as though I am waiting for Tom to unlock it for me now...I am interested in seeing these new alerts...sounds almost too good to be true..lol. Thanks again guys. You'll see me there with the same name as here...
     
     
     
    Update: That did not take too long...always enjoy good CS. 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.
  24. Like
    retry99 got a reaction from Captain in S.T.A.R (SuperTradeSystem) Trading System Trade setups   
    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.
  25. Like
    retry99 reacted to muhhatta in S.T.A.R (SuperTradeSystem) Trading System   
    New developement
     

     
    Long time no post being busy riding a more than 1.300 pips PTS move in 7 days and keep going (I wish I could tell the forum due to the legal time).
     
    More interestingly, I rode 2 of its more volatile cross correlative pairs. The first pair move 1.500 pips while the second 1.800. Some days I will recall this post for forumers studying (Insyaallah...). I don't know if any other STCers trade STAR like I do.
     
    So busy I was that I miss the chat on the last development of precision-template. Hopefully the new development would give a more precise measurement to STAR.
     
    Thank Tom and "T of Perth" for coding it.
     
    Again, I'd like to recall my word, the true power of STAR is the Chat and watchlist. Personally I think it is not a big deal if the STAR e-book is illegally move around the net to entice the forumers as a starting point of learning.
     
    Keep studying, we are here to help
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