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NeoRio

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Posts posted by NeoRio

  1. There are several interesting things to note:

    1. This version is full of praises for CompassFX and Dean Malone and Dean's TDI hybrid indicator. Marcel Stein's recorded July 2010 video (months before collaboration with CompassFX) revealed what Steve really thought about Dean Malone and Craig Harris :-)

    2. This version does not cover New York session trading. So unless the north american traders can wake up middle of the night to trade London session, you may have to come to his live events to pick up that section. The target and stop loss criteria is only slightly different for New York session.

    3. This version does not cover Straight-Away trade setups. Steve mentioned about it in two slides but will not explain more to CompassFX students, said he don't even trade these himself. But taught during live events.

    4. This version taught the conservative entry of ONLY taking (and waiting) for the second leg of M or W to place trade. Steve would not explain how and when to enter on first leg when opportunities arise. The significance is only realized if you actually trade the method and encountered stop losses (wondering why). Otherwise the videos is still good if you keep to the conservative entry.

    5. This version does not teach how to use the heavy scale-in scripts. The scripts are provided as part of student download folder, but the details of how to execute the 50-lots scale-in scripts are left out. Not a big deal, those with MT4 experience can figure it out, don't need to attend his live events to learn that. Instead, this version teaches how to use Dean Malone's TDI for manual scale-ins (emphasis is on praising Dean and CompassFX). The heavy scale-in scripts are what Steve actually uses for own trading.

    6. This version does not teach about Brinks Trade setup. But you can guess this when he talked about time mapping.

    7. This version does not teach W-V-V or M-/\-/\ continuation setups. Not a big deal either, you will figure this out as time goes trading this method.

    8. This version does not teach "cord-of-wood" and "empire state building" setups. Might be unintentional omissions. Covered in live events.

    9. This version does not mention 3-3-3 setup or level count "Reset" or "signature trade".

    10. This version does not teach how to draw boxes (if need to) to help in counting levels, or to differentiate between "3 swipes" and "3 levels". If you can recognize the swipes/levels by eye, you don't need to draw boxes, too much time taken and the boxes clutter the charts.

     

    Remember that CompassFX clients paid the same amount of money, so the videos are just as good. You can easily fill in the gaps if you study the videos. CompassFX clients are invited to his live events free of charge (except travel and accommodation) so they did not lose out either on above missing information.

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