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dukeaugustus

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Posts posted by dukeaugustus

  1. I received this as a free download. Did not find it when searching here on II. So in case anyone is interested, here is a free Demark trend indicator, plus suggestion for how should one use it:

     

    For those who hate giving out your email address, here is the actual download page:

    http://[email protected]/indicator.html

    (change the single "@" to "a")

     

    In case anyone actually likes to give out their email address :-O, here is the initial page I went to:

    http://[email protected]/

    (change "@" to "a")

     

    I have not used this myself, but hope someone here will find use for this. If not, it is free after all.

     

    Cheers.

  2. Without reading the ebook, ONLY guessing from the included charts from the sales page, the indicators look like:

    (a) 10 period SMA on candle close, and

    (b) 10 period Momentum.

     

    Entry when:

     

    (1) divergence (e.g. if price gave higher high, but momentum line gave lower high, then wait for sell signal), and

    (2) confirm by seeing price cross over to the other side of SMA, and

    (3) momentum line crosses over the 100 center line

     

    Stop loss: probably other side of the SMA, or recent high/low

     

    Target Profit: go for at least 1:1 Reward:Risk ratio

     

    There may be other finer points in the author's method, but the above guessed rule set seems to fit most of the charts on the sales page.

     

    Cheers.

     

    ***** UPDATE *****

     

    Now that ForexExpert has generously shared the actual ebook in post #4 below, my "guesstimated" indicator settings are different from the author's real ones. It seems the author intentionally showed different settings in his charts on his sales page, and not the ones he uses in the ebook. So read the ebook instead of my above guess.

  3. Received an email promoting this guy, with a link to purchase 20 days (40 hours) worth of live trading session for € 79. Supposedly he traded in front of live audience for 20 days and made 20% profit.

     

    Here is the link:

    http://www.sp@[email protected]/video-trading-course/

    (change the first two "@" to "a")

     

    For personal reasons I am not buying any new trading method/system at the moment. But € 79 seems reasonable if his method is sound, and if you are the type who learn better from seeing live trading, than from reading ebook.

  4. I may be missing something here, but reading over the site link from post #1 above, I believe it is a free web-based application. So there is nothing for us to share or download.

     

    The active trade signals are on this page:

    http://ftse100club.info/active_trades.php

     

    On that page, in addition to constantly updated trade signals, the left hand tabs also offer some suggestions for how to use the signals, and some explanation and clarification.

     

    Not my cup of tea, but seems very user-friendly, and it is free to anyone, so no need to give even your email address.

  5. He claim that these indicator is a new version and not repainted. Wow amazing if some of you already tried it ? Just checking !

     

    I think these are indicators from the m*b*f*x trading suite of indicators. But instead of focusing on the COG (center of gravity), vfx here focuses more on the vostro and timing indicator.

     

    The timing indicator, is probably just a modified rsi (or similar oscillator), so should not repaint after a candle closes. But if the candle is still active, then the oscillator can still change. But that is not really re-painting, just simply wait for candle close, and it should stays fixed.

     

    Never used the vostro before, so do not know if that one repaints.

  6. I have found this trading system interesting and have made an indicator for it, which projects the 90 pip levels.

     

    The JPY pairs do seem to have been punishing the strategy though as you indicated.

     

    As it seems there are still a few who read this thread, so I just updated Post #4 and bring the 2012 results up-to-date.

     

    As I mentioned in a previous post, I am not trading this live at the moment. And as maximillian mentioned, it has been the jpy pairs that are carrying the profits. More specifically, the EurJpy is in a very strong streak this year, more than double the total pips of GbpJpy. And even the formerly reliable USDCAD is now in the net negative for 2012 overall.

     

    I also noticed that, typical of Murphy's Law, as soon as I suspended trading this method live at end of week of 7 May, the next five weeks gave us 4 winning weeks to 1 losing week, with a net pip gain of over 300 pips.

     

    Still I am not tempted to try live again at least until after August, mindful of the jpy pairs' poor result last year during the three months of summer.

  7. With the Greek election this weekend, and just about every forex-related email I have been getting is talking about expected volatility, this is likely another Monday with some impressive gaps for us to play with?!

     

    I am very tempted to put on a straddle trade before the election, but I am worried about my broker either not filling my order, or taking out my stop with excessive sized spread (like 20 plus pips spread, which I have seen on oanda during news events).

     

    My broker oanda even sent out an unusual email telling us they will suspend order taking over the late Sunday time period, (in order to *cough* protect us traders from ourselves). Ha.

     

    Just curious, is anyone else also considering a weekend straddle trade? If so, any suggestion on how are you doing it?

  8. I recognize the screen capture from the above site. It looks identical to a free bonus I got a long time ago:

     

    http://mir.cr/7SRZIIHX

     

    The rules may be slightly different, but I am pretty sure at least the indicator should work the same. In fact the one I uploaded has a nicer bottom window (at least visually more pleasing).

     

    I have never used it myself. So you may need to adjust the indicator according to your broker's time to match up with NY open hour. And you may need to do some back testing to see how well this work.

     

    I didn't use it because when I first looked at it long time ago, there were many false signals on the pairs I tested. But market changes all the time, perhaps it is more profitable now. Also, perhaps if you add a "2 hours" rule such that if no trade triggered within 2 hour of NY open, cancel all orders, may be more profitable?

     

    Enjoy.

  9. . . . e.g. after gap down open a sell and close it before market close on evening, it doesn't matter what result. You will be more right then sorry. . . .

     

    Thanks Hermes for your research and nice share.

     

    I have not studied or traded gap trades before. But I was under the impression that after a gap "down", you would expect the price to fill the gap, so that means expect the price to move "up"; and in that case shouldn't I want to "buy" instead of "sell"? I am probably missing something obvious in what you just taught.

  10. Received an email about this last night. Don't think it is on our radar yet here on II.

     

    http://m-t-xforextradingsystem.com/

    (take out the 2 "-" from the link above, so the website address has no dashes and no spacing)

     

    Have not really had a good look at this. But at least I recognize the name of one of the authors, J3ff W1lde, who generally has a positive rep on the internet, and who also does not sell a new system every year (He last published a new program way back in 2007 . . . so very unlike the K@rl Dittoman or Rita(rd) Laska of the forex world, LOL).

     

    But it is also more expensive than any of his previous programs. I guess we will hear more about this in the near future.

  11. Thanks for sharing Scalper72. And it looks interesting.

     

    I also second traderwin's post above for further clarification on how do you trade this.

     

    Studying only from your posted charts in Post #1 and Post #3, I am guessing that you enter trades based on a confluence of :

     

    1. trade only in direction of same color candles on both H1 and M15 charts, and

    2. recent downside break of M15 red-line for sell, or recent upside break of M15 blue-line for buy

    3. exit trade if see sign of reversal, such as change in candle color, or price cross of opposite color trend line

     

    This is just guessing from reading your chart. But I am curious as to how do you set your stop loss (if any)? Also, how has been the average win/loss ratio and risk/reward averages for you?

  12. just go and buy 1000 copies for $15k...you'll have them back within 3 days with the help of the grail

     

    I thought of the same thing too, LOL. Except then I thought: even if I can afford $15,000, he can always say "Sorry, already over 25 other people have already purchased the rights. So I can only accept 975 purchases from you. You can pay me $15 x 975 = $14,625." Then a few weeks later he can say, "Guess what, I did my random selection already, none of your 975 purchases was selected. I already shared the Holy Grail with the first 25 purchasers I selected 'randomly'!" Aaaaaah. So I will be out of $14K, and still no Holy Grail. (Assuming it ever existed.)

     

     

    he he he he he...... funny funny....

     

    BTW, Anyone please share if you have it.

     

    Thank you

     

    Unless the author or his immediate family is a member on this forum, I don't think anyone else in the world has the author's Holy Grail system yet, if it exists, as he still has not released it to his 25 lucky drawers.

     

    This guy is a genius. If he gets 1000 people to pay him $15, he makes $15,000. All he has to say, sorry you didn't win the draw and I gave you the chart pattern bonus as promissed. This is what theives like John Davier think of to rip people off, thinking they were about to become wealthy overnight, and then nothing but another disappointment. Think about it everyone, if you made &250,000 in a week would you want the hastle of dealing with the public for another $15,000?

     

    My thoughts the same.

  13. For his holy grail, his promise of "drawing" 25 buyers out of 1000 overall purchasers to receive the holy grail, what if he never reaches the 1000 number? Or take a very long time? For example, if he sells only 100 copies per year, you will need to wait for 10 years before reaching 1000.

     

    Even if I ever buys it, I know I am not going remember this purchase of $15 ten years from now. How about you?

     

    Even if everything he says is true, if 1000 is not reached, he is not breaking his promise by not sharing the holy grail with anyone.

     

    And even if 1000 is reached, he says 25 out of 1000 will get it, so only 2.5% chance of winning the "draw".

     

    If anyone put their $15 in, you are more realistically only buying 2 other forex methods for the price of $15. Do not put your hope up too high for winning the lottery. At least that way you will be less disappointed.

  14. "My philosophy is that the market is always changing, it seems what used to work last year is no longer as valid this year."

     

    Yes, the market does change all the time and yet it stays the same. The core principles and ideas do stay the same, but don't try to construct too elaborate approaches because they tend to be inflexible. I am afraid that your approach is just that: too elaborate. That was my first impression to your first posts. Try to be more flexible. You also mentioned some problems with your trading psychology. You need to fix those because otherwise no system will work for you. Often these problems are caused by undercapitalizion. I am not sure if that's your case, but it could be.

     

    Anyway, just my 2 cents. I wish you good luck.

     

    Thanks Joe for your feedback.

     

    Fortunately, my "bread-and-butter" trading is more of trading break-out or bounce back from trend-lines and other significant levels. And that seems to be working so far for me, even across different market conditions.

     

    The method mentioned in this thread was more of an experiment to see how a certain idea would pan out. I was at the time looking for a low-time-requirement, and decent return, pure mechanical method. But as you pointed out, it was not flexible. Which was its problem.

     

    So I agree with you on needing to be flexible, and improving on trading psychology.

     

    Out of curiosity, may I ask what kind of trading method/system do you employ in your own trading?

  15. I am stopping the Forward Test for now

     

    Hi friends of II. Just a post to say that I will be stopping my forward test of this method, at least for the foreseeable future.

     

    My reasons are as follow:

     

    (1) Ever since discarding EURCHF, and with poorly performing USDCAD for the bulk of 2012, I have lost my initial "balance" of having two reversal pairs to complement two expanding pairs. Although the two JPY pairs have given my some nice profits in 2012, but the overall method just does not seem as "balanced" as I like.

     

    (2) Also, we recently just suffered three consecutive losing weeks. Last year that did not happen until at least June. As I mentioned in my first post, I always planned to stop trading the JPY pairs at least over the summer months (June, July, August). And with non-performing USDCHF and USDCAD, I thought I may as well stop this test a few weeks earlier at this point in time.

     

    (3) My initial target was to double my account by end of May. But my account for this is only sitting at about +50% right now. Not complaining of course, but still failing my interim test target.

     

    (4) My philosophy is that the market is always changing, it seems what used to work last year is no longer as valid this year. So it is time to get out of the party, especially when I am still up overall in profit.

     

    (5) I may still come back to it later in this year. But in the mean time, I am focusing my attention on a couple of other ideas that I have been playing with. Will share them if they are profitable.

     

    (6) Finally, thanks for all the encouragements and advices from my friends here at II over the last few months for this trading idea thread.

     

    Wish you all many happy pips to come.

     

    p.s. if I have the time, I will still update post #4 on an irregular basis, just to see how it would have done over time.

  16. cannot share because of signed disclosure

     

    Hi speaker, we can understand if you cannot share due to signed non-disclosure agreement (NDA). But if you are a member of the excalibur method, can you at least share your impression or your experience?

     

    For example, is it profitable for you? Is it easy to learn and apply (especially to someone without Gann experience)? How time-comsuming (or not) is using the method? Or the bottom-line question, would you recommend this method?

     

    I believe such answers would not disclose the actual method, and therefore they should not violate your NDA.

     

    And your answers may even help people who are interested in buying this method, but is sitting on the fence due to price and lack of users' feedbacks.

  17. Hi,

    Would please to advice how to download from 2shared.com?

    . . .

    Thank you

     

    On the 2shared.com page, click on the big blue "DOWNLOAD" button about 3/4 of the page down from the top. It does take a while if others are also downloading the same file at the same time. But it should work. You just may need to wait for it to respond, sometimes up to 5 or 10 minutes.

  18. This is not officially out yet, but I suspect you will be receiving mails from the many affiliates promoting this in the next few days:

     

    f0rex-lst-system.c0m/

    (change the two "0" to "o")

     

    He seems to indicate it will be a divergence-based system, and assisted by custom made indicators and script.

     

    At least Vl@dimir Rib@kov is one of the few forex traders/vendors out that who seem to have decent and positive reputation.

     

    Personally I follow his weekly (and free) forex review at the start of each trading week. Although not perfect, but he does seem to know what he is talking about. Here is his free weekly review channel if anyone is also interested:

    http://www.y0utube.c0m/user/Vl@dimirRib@kov

    (replace the "0" with "o", and replace "@" with "a")

  19. The CIBC link is dead doesn't react. CIBC must done some sabotage on that link!

    Hermes

     

    Hi Hermes, CIBC sometimes can be late in publishing their report, sometimes even skip a day or two. Not sure why.

     

    But if the previsous link of

    http://research.cibcwm.com/fex_public/download/fx_overnight_roundup.pdf

    does not work,

     

    you can try this page instead:

    http://research.cibcwm.com/res/FEX/ArFEXOR.html

    on this page, usually it will indicate the latest report at the very top of the list

     

    Edit: by the way, I just checked both links above, they both seems to work again, at least as of 3 minutes ago. It is the report for Wednesday April 18 2012.

  20. Ooooh, i thought it use some indicator. Thanks ya...

    Would you like to share the rules for drawing the line beside based on CIBC report?

     

    Not sure I understand your question about rules for drawing a horizontal line.

     

    Let us say, for example, if the CIBC report says for $/CAD that the "Today's Expected Range" is "0.9855 - 0.9930". So now you know the expected high is "0.9930" for today. Then if during today's session, USDCAD price rises, and touches 0.9930, that is your first entry price, for a sell trade.

     

    I mentioned drawing a horizontal line, is only to help see quickly on the chart if or when price reaches that level. Otherwise, you do not need to draw any line for trading minachi method.

     

    Edit: the number example above is from the latest CIBC report for Wednesday April 18 2012. But of course it was not a valid day to trade Minachi, because if you check your forex event calendar, there was a red color (high impact) news item for CAD. So according to minachi rule, no trade this Wednesday.

  21. do you have the indicator of minachi? thanks

     

    The minachi as I understand it does not use any indicator.

     

    If you like you can draw a horizontal line at the expected high price per the "Roundup" report from CIBC. But even drawing that line is not necessary, as long as you know what that price is given by the report. So, this is not an indicator based method. And no indicator needed.

     

    Maybe you are thinking about the other system called Kenacci from the same author, which I think does use indicator. But I have no experience or information on that.

  22. dukeaugustus : could you to share e-book minachi? thanks

     

    Sorry, I do not have the minachi ebook anymore.

     

    Perhaps I was not very clear in my post.

     

    I lost my copy when my back-up hard-drive crashed a few months ago. Many old files now gone.

     

     

    But if you follow my post, and re-read previous posts from simoniex in this thread, I believe that covers 99+% of the minachi method already.

     

    Alternatively, you can also try to see if you can copy from the Indonesian (?) copy, and use google translate?

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