req: powerlevel trading system

[sillykiddo]

Hi

I have found a interesting journal in another forum a user trade based on powerlevel Eur/USd . What he does just play the bounce..

he post his power level every sunday for following week.

 

Power Levels for this week ended today are:

1.4172

1.4156

1.4099

1.4059

1.4031

1.3990

1.3941

1.3895

1.3880

1.3840

1.3826

1.3779

 

 

on EUR/USD

 

anyone has any idea.. how he able to get this power levels..

it is against the rule to post forum's link

 

but if anyone interested.. go to forexfactory and search with string "powerlevel"

 

you will find the first link that comes up..

 

Very interesting..

lot of people are following it..

but he post the levels but don't wanna tell the teqnique to the public..

 

anyway if anyone has any idea how he does it would be very usefull

 

 

thanks

[Hacker1713006064]

Re: req: powerlevel trading system

 

I would guess its one of the COG indi's.. THis is one of the only places where a re-painting indi is nice.. There is a very good one posted on this site..

 

http://www.indo-investasi.com/viewtopic.php?f=6&t=3113&hilit=goc

 

And here is chart of it in action and it almost matches the dude on factory.. And yes that guy on factory is wierd.. I followed his thread for about 3 days and then that was enough of his crap.. I used to like factory several years ago but it has turned into the Leach Factory the last year or so..

 

http://i44.tinypic.com/2m7dj4i.jpg

[guedesjunior25]

Look these, and go here http://indo-investasi.com/showthread.php/9491-Power-levels-trading

http://img573.imageshack.us/img573/7361/fx081110.gif

 

Uploaded with ImageShack.us

Edited November 8, 2010 by guedesjunior25

[dave123]

Hacker, the link seems to be dead mate. ie 'not found'

[Hakim314]

The levels ARE NOT COG !

These levels are based on OPTIONS CALCULCATIONS.

If You dig in Thread Power Levels HERE ON THIS FORUM You will get the answer to calculate it by Yourself !!

So dont crack it, cause it works as indicator with EXTERNAL DATAS.

Price is only 80usd PER YEAR so dont be funny !!

[fughe]

I believe they offer a free trial for it too. I did the two week trial when I found it, and I found it to be useful. I have since moved on to an entirely different system, but for what i was doing at the time, it was great.