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Flash Point Indicator


JSavoy

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OOPS! This is the message I am getting when following the link:

 

We couldn't find what you were looking for.

 

Make sure you entered the URL correctly, or head back to the homepage

(http://www.worldcurrencywatch.com/)

and try again.

 

Hallo all,

I've just found it googleing today.

Does anyone heard about it ?

The guy is selling his indicator for almost US$ 2K.

 

Here's the website:

http://worldcurrencywatch.com/2010/07/20/why-forex-is-the-perfect-market-for-this-1950s-flash-point-indicator/

 

Cheers,

J.

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Well, that's strange. Now it's working! :-O

 

OOPS! This is the message I am getting when following the link:

 

We couldn't find what you were looking for.

 

Make sure you entered the URL correctly, or head back to the homepage

(http://www.worldcurrencywatch.com/)

and try again.

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Share on other sites

Do some research.

 

You'll find he's referring to Dr. George Lane.

 

Wikipedia (http://en.wikipedia.org/wiki/George_Lane_%28technical_analysis%29):

 

George Lane (technical analysis)

 

George Lane M.D. (1921 – July 7, 2004) was a Doctor of Medicine, securities trader, author, educator, speaker and technical analyst. He developed and popularized the stochastic oscillator (http://en.wikipedia.org/wiki/Stochastic_oscillator), which is one of the core indicators used today among technical analysts. Lane was also President of Investment Educators Inc. in Watseka, Illinois, where he taught investors and financial professionals basic and advanced technical analysis methods.

Also the formula he's showing is the %K of the stochastic indicator. Nothing special here.

He's just trying to wrap his service he's selling in a different package.

 

 

Cheers, San.

Edited by San4x
Thanks for the kudos...much appreciated!
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Hmmmm, since I did not sign up to his email list, and without taking up on his offer, I only hope he offers something of value more than just a stochastic indicator for the $2K price tag mentioned in JSavoy's post above.

 

If he is just selling a freely available indicator for $2K, then he has to be even more Karl-Dittmann-ish than Karl Dittmann himself!! (Sorry, I just can't think of anyone else who more epitomizes the classic selling someone else's free system/indicator/ea for marketing/re-packaging price).

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Hmmmm, since I did not sign up to his email list, and without taking up on his offer, I only hope he offers something of value more than just a stochastic indicator for the $2K price tag mentioned in JSavoy's post above.

 

If he is just selling a freely available indicator for $2K, then he has to be even more Karl-Dittmann-ish than Karl Dittmann himself!! (Sorry, I just can't think of anyone else who more epitomizes the classic selling someone else's free system/indicator/ea for marketing/re-packaging price).

 

the fellow is now slashing the price to $995!!! well, as with all newsletter gimmicks and marketing ploys.

 

this offer is for a limited time only. sign up now b4 this offer ends.

 

does any of you here who knows a real person who makes serious money. just by subscribing to newsletters????

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Ok, let's analyze: "Flashpoint Gives You the Trend’s Direction, Then Tells You When to Buy or Sell!". In other words MA gives you direction and then CCI, Stoch or RSI gives you overbought or oversold zones for entry. One word BULLSHIT!

http://worldcurrencywatch.com/2010/07/20/files/2010/07/072010_FXUD_image1.gif

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