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grooter

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Posts posted by grooter

  1. Guys this is my tweak on 4 Weeks Rule. The name is 1 Week Rule! Who is the plagiarist? I trade it for 3 years with huge success. It is one of the best manual systems with very little engagement. Do exactly that on Friday closed candle and you will be always winner. The only disadvantage is ranging trend, therefore use ADX and RSI to help with the decision. You can add also Candle Time indicator.Don't trade during holiday seasons where the market is ranging. I am making this week with 1WR on EURAUD $293. Money for the expensive fuel.

    Hermes

    P.S.

    The indicator is a help even for me, thanks.

     

     

     

    How do you trade this without betonmarkets? I don't really get it, since this system just defines "no touch" areas, so how to translate this into normal broker orders?

  2. Well: more or less professional trading software usually have a "close and reverse position" button. So yes, no need for a stop if you are watching your trade and/or have low leverage, so you can not really blow the account if it runs unattended.

     

    Anyway, if anyone has more - proven succesful - strategies for H4+D1, please share them. Might be useful for us who are not full time traders. I think there is no need to fear that anyone might become too successful, because most of the people fail even with good strategies :D

  3. Well, getting more disappointed.

     

    As said before, I could not find any serious review of the system. Now I received sell-up spam from them, wording of the email is similar to all the scam EA sellers:

     

    You asked for it: Along with the SST FX Trial, we're

    doing *one last webinar* to get your questions

    answered before we SHUT DOWN the

    Seven Summits Trader Forex.

  4. I read somewhere they backtest their trading plan settings - so sure, curve fitted, but maybe the performance continues for some time.

     

    What puzzles me a bit: I searched via google for SST. Could not find a _single_ honest review, discussion showing results for a couple of months, and/or statement about profitability. Only shitloads of affiliate pages. Very strange. If you know anything, please share.

  5. http://[email protected]/

    First time they offer it ceap. Maybe somone can take it and record (screenrecorder camtasia e. g. ) and upload the main videos and files for us, it's worth it, but I'm just a student.

     

    "Introducing, the SST FX Trial Plan! Here’s the deal:

    You pay $247 right now to bring home the SST FX and try it out for 30 days.

    DON’T LIKE IT?

    Just send us your 25 trades (according to our standard Performance Guarantee) and we’ll refund your $247.

    LOVE IT?

    Just keep everything and continue paying $247 a month for the next 5 months.

    Awesome, right? You get to test out the SST and bring home the SST FX system for less than $250 bucks!"

     

    Cheap is all relative. Their money-back guarantee sucks:

     

    "All you have to do is follow the strategy as documented and take the same official system trades you will see documented in the SST training. "

     

    So.. you have to take the trades they promote in their trainings. You can be sure they only chose nice setups, so you can not lose :)

    And it's not cheap, it the same price, just split into a couple of months payments.

  6. It works on both rangebars and fixed timeframe. The question is, if they change indicator settings in their trading plans, or keep them default. Also there are different rules regarding TP dots.

     

    For now I found:

    EURUSD 9 pip range

    GBPUSD 6 and 12 pip range

    GBPUSD M5

    EURUSD M5

    USDJPY H4

    USDCHF H4

     

    Others in 233 tick charts, crude and e-mini 377 tick. This applies to tradestation or ninjatrader only.

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