teodosy87 Posted June 10, 2011 Report Posted June 10, 2011 http://www.gumtree.com/london/86/65880686.html?kw=20091001-london-110-0000-RSS-NA- I was surfing the net found this. At first nothing impressive but when i looked at his stats and live trades LOL. 180 days and %20 000 in profit is pretty impressive and beats all the pessimist saying forex is hard. Lol Wanted to share that ..... soundfx and mulri 2
retireme Posted June 10, 2011 Report Posted June 10, 2011 The word LIVE is partially correct... maybe just the position of the letters need rearranging? Veil (ed) Evil or even Vile... but Live? I think not! RM
teodosy87 Posted June 10, 2011 Author Report Posted June 10, 2011 Well not sure what are you trying to say at all. My point here was not to promote this method or system but to show that forex can be traded and you can actually make money.
soundfx Posted June 10, 2011 Report Posted June 10, 2011 teodosy87, According to the page, that account is just one of his ex student's accounts :-O Most of the trades are completed within 1 minute with several pairs being traded at the same time and profits typically of 1-2 pips and losses of -1 pips with a few exceptions. This is serious scalping...37,000 trades! Interestingly there are no commissions shown, so I'd like to know how you can trade like this with a retail broker. The pictures give a glimpse into one of the trading methods which is a break of trendlines drawn on the RSI itself rather than the main chart - this is an interesting technique which I've seen before somewhere, though I can't remember where. Did you spot the comment at the bottom of the page: "WATCH OUT FOR MY NEW WEBSITE OUT SHORTLY WITH DAILY UPDATED VIDEOS OF MY TRADING METHOD WITH ONLINE CHAT WITH EXISTING STUDENTS/TRADERS." How are we going to find this website? He gives no details. Perhaps a link will appear on this page...worth keeping an eye out.
retireme Posted June 10, 2011 Report Posted June 10, 2011 Well not sure what are you trying to say at all. My point here was not to promote this method or system but to show that forex can be traded and you can actually make money. But for how long? That is what I was saying... http://www.mt4i.com/users/m1234/risk
daveg1 Posted June 11, 2011 Report Posted June 11, 2011 teodosy87, The pictures give a glimpse into one of the trading methods which is a break of trendlines drawn on the RSI itself rather than the main chart - this is an interesting technique which I've seen before somewhere, though I can't remember where. soundfx, I think that maybe it's the W@to system (which is now blacklisted) that you could be thinking of soundfx 1
soundfx Posted June 11, 2011 Report Posted June 11, 2011 Hi Daveg, I did a bit of digging into my old posts after you mentioned that. I remembered posting a coding "challenge" some time ago after reading about this technique though there were no takers at the time. http://indo-investasi.com/showthread.php/6466-Coding-challenge-for-powerful-system I'll have a closer look at this now as we have 3 different approaches, which could suggest that it's a good method to use ;)
Guest grandpost Posted June 11, 2011 Report Posted June 11, 2011 I never saw it but sounds like a waste of time, which broker will give you 2 pips fairly and close you at 1 pip fairly, and how can you even do that during the markets when they move; and they usually move at break of trendlines more impulsively be it on price or indicators which is just a lagging analysis of price which also means more people have learned about it the first ones being the ones follow the price; but the indicator ones are just more seen and more people learn about the trend in this point;
⭐ musketeer Posted June 11, 2011 Report Posted June 11, 2011 (edited) teodosy87, According to the page, that account is just one of his ex student's accounts :-O Most of the trades are completed within 1 minute with several pairs being traded at the same time and profits typically of 1-2 pips and losses of -1 pips with a few exceptions. This is serious scalping...37,000 trades! Interestingly there are no commissions shown, so I'd like to know how you can trade like this with a retail broker. The pictures give a glimpse into one of the trading methods which is a break of trendlines drawn on the RSI itself rather than the main chart - this is an interesting technique which I've seen before somewhere, though I can't remember where. Did you spot the comment at the bottom of the page: "WATCH OUT FOR MY NEW WEBSITE OUT SHORTLY WITH DAILY UPDATED VIDEOS OF MY TRADING METHOD WITH ONLINE CHAT WITH EXISTING STUDENTS/TRADERS." How are we going to find this website? He gives no details. Perhaps a link will appear on this page...worth keeping an eye out. just of curiosity... i've checked these 37k trades the average time is 18 seconds! 36554 trades are less than or equal to 10 seconds 35441 are within 5 seconds 30083 are within 3 seconds 15524 are within 1 second! mean 0 too... ok, let me check these with 0 time... these are 9482 no one on those world can trade that way :) w/o using arbitrage I mean... that is my opinion and w/o using an EA... is just ridiculous Edited June 11, 2011 by musketeer
noone22 Posted November 9, 2011 Report Posted November 9, 2011 trying to find, who is the author or what is the trading method behind this. Sounds too good, but interesting.
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