Steveg Posted January 6, 2012 Report Share Posted January 6, 2012 (edited) Martin Cole is a Forex educator and trader. He offers in-person education, DVD courses, and software called Professional Activity Tracker (PAT). His underlying view is that the market is controlled by the market makers, market action is based on the market maker's business plan, the way to profit is to determine what is the intent of the market maker, and to trade with them. He postulates three market phases, (1) Hidden accumulation, (2) Manipulation, and (3) Profit Release in an ensuing up or down trend. During accumulation, typically taking place during periods of limited market movement (erroneously referred to as congestion), the market makers are taking a position, either buy or sell, in anticipation of subsequent movement. During manipulation, the market maker's may move the markets in a deceptive way to entrap more public traders and to increase accumulation of positions. In the profit release phase, the markets are moved in the intended direction, drawing in the public, but at which time the market makers are buying from or selling to the public in order to profit from their previously accumulated positions. The author's web site is at: hxxp://xxx.learningtotrade.cxm (Substitute the correct letters for "x"). Note there are previous Indo threads started under Forex Clips & movie tutorials with little attendance. All comments welcome, good, bad or indifferent. Edited January 7, 2012 by Steveg KING_BUNDA and alansim 2 Quote Link to comment Share on other sites More sharing options...
Nukem Posted January 7, 2012 Report Share Posted January 7, 2012 I watched the videos and while informative didn't give much to the individual that was wanting to trade the method, in my opinion. It seemed that he was advertising his software which will cost you on going $3800 a year plus the one time video training cost. According to MC you can trade without his PAT software successfully but his training was definitely geared towards using his wares. Steveg and alansim 2 Quote Link to comment Share on other sites More sharing options...
Nukem Posted January 8, 2012 Report Share Posted January 8, 2012 Don't get me wrong. My intention is not to knock the training but to inform that there is an additional cost that you will incur. As you know any business has operating costs. If the $318 per month for his PAT software is instrumental in making you a profitable trader then that outlay is just a line item expense which is the cost of doing business. Just relaying my understanding of the Martin Cole training so one can make an informed decision. Thanks Quote Link to comment Share on other sites More sharing options...
Steveg Posted January 8, 2012 Author Report Share Posted January 8, 2012 (edited) Don't get me wrong. My intention is not to knock the training but to inform that there is an additional cost that you will incur. As you know any business has operating costs. If the $318 per month for his PAT software is instrumental in making you a profitable trader then that outlay is just a line item expense which is the cost of doing business. Just relaying my understanding of the Martin Cole training so one can make an informed decision. Thanks Thanks for the follow up. A question is whether one can learn to recognize accumulation, manipulation, and profit taking without having to incur the expense of leasing the PAT software. The author say it is. Some investigation might reveal what the PAT software does. I've suggsted that Volume Spread Analysis (VSA) might yield some clues. My understanding is rudimentary. Where the close is in relationship to the range of a bar may indicate whether accumulation or distribution is taking place. Extended bars may indicate intent. Edited January 8, 2012 by Steveg Quote Link to comment Share on other sites More sharing options...
Steveg Posted January 10, 2012 Author Report Share Posted January 10, 2012 Trading for a bright future Cole published a book called "Tradiing for a bright future". It was published in the early 2000s. It may have been directed to trading stocks. Has anyone seen this book? Is it relevant? Quote Link to comment Share on other sites More sharing options...
keifer Posted January 10, 2012 Report Share Posted January 10, 2012 Thanks for the follow up. A question is whether one can learn to recognize accumulation, manipulation, and profit taking without having to incur the expense of leasing the PAT software. The author say it is. Some investigation might reveal what the PAT software does. I've suggsted that Volume Spread Analysis (VSA) might yield some clues. My understanding is rudimentary. Where the close is in relationship to the range of a bar may indicate whether accumulation or distribution is taking place. Extended bars may indicate intent. I had a look at this once... the PAT bars matched up with engulfing bars on a 15m chart. For me this looks like PAT is measuring high tick volume or possibly ask/bid limit orders vs market orders. You can get the same info with market delta. Another option is Barry's volume churn bars which work on the idea that pros are putting through size and amateurs are small size. not to sure about this now though as algos split orders into smaller lots. Steveg 1 Quote Link to comment Share on other sites More sharing options...
spike123 Posted January 11, 2012 Report Share Posted January 11, 2012 SOmeone has the software? Professional Activity Tracker Quote Link to comment Share on other sites More sharing options...
Nukem Posted January 11, 2012 Report Share Posted January 11, 2012 Spike, The software won't help you. It costs $318 per month and you need to be connected to their servers before you can trade. It's not a stand alone product. Jekyllheckler 1 Quote Link to comment Share on other sites More sharing options...
Primor Posted January 12, 2012 Report Share Posted January 12, 2012 Ok, may be anyone can just tell us about features of PAT software and show screenshots or share a user guide of this product. Quote Link to comment Share on other sites More sharing options...
Steveg Posted January 12, 2012 Author Report Share Posted January 12, 2012 Primor: Perhaps a visit to the author's web page would be helpful: hxxp://xxx.learningtotrade.cxt. Change "x" to correct letter. Quote Link to comment Share on other sites More sharing options...
Primor Posted January 12, 2012 Report Share Posted January 12, 2012 Website has small information about software. alansim and ianf0ster 2 Quote Link to comment Share on other sites More sharing options...
Steveg Posted January 12, 2012 Author Report Share Posted January 12, 2012 Note #67 on the following thread has a link. I didn't try it. http://indo-investasi.com/showthread.php/12280-M-rtin-C0le/page2?highlight=cole Consider doing a search of Indo-Investasi threads and a Google search. Quote Link to comment Share on other sites More sharing options...
ForexMike Posted January 20, 2012 Report Share Posted January 20, 2012 http://filepost.com/files/3842b7am/Martin_Cole.part1.rar http://filepost.com/files/81286efd/Martin_Cole.part2.rar http://filepost.com/files/561c43e2/Martin_Cole.part3.rar http://filepost.com/files/982c5315/Martin_Cole.part4.rar http://filepost.com/files/e75b3e78/Martin_Cole.part5.rar _________________ ** Password is : 12345a ** Zerit0, Sesshoumaru, polaris and 6 others 9 Quote Link to comment Share on other sites More sharing options...
pcguy007 Posted January 21, 2012 Report Share Posted January 21, 2012 is there any other mirror's for this stuff? megaupload is dead and filepost will take 2 days to download all info thanks alansim 1 Quote Link to comment Share on other sites More sharing options...
alaki Posted January 24, 2012 Report Share Posted January 24, 2012 Please upload the file to another site. filepost is very slow. Thank you. alansim and ianf0ster 2 Quote Link to comment Share on other sites More sharing options...
m4ni4c Posted January 25, 2012 Report Share Posted January 25, 2012 let's reverse engineer the software :) ianf0ster 1 Quote Link to comment Share on other sites More sharing options...
vladv Posted February 9, 2012 Report Share Posted February 9, 2012 ForexMike,please reupload to other filesharing host,Filepost is SOOOO slow...... ianf0ster 1 Quote Link to comment Share on other sites More sharing options...
FORME Posted February 10, 2012 Report Share Posted February 10, 2012 mediafire is good one....all the download are big it takes times... ianf0ster 1 Quote Link to comment Share on other sites More sharing options...
successlife Posted February 11, 2012 Report Share Posted February 11, 2012 (edited) I talk 2 times with Mr Martin Cole. Always answer any email with great details. He said always the same..... Not necesary his software. But never tell you "how that is posible". He always rememberg is not posible "know" who is more active at accumulation fase (buyers or sellers) He said is posible to see some clues, but not more (maybe trap traders or spikes) Then he wait for finish manipulation phase. He said is not a breakout system. Then I belive he is waiting for another thing...... maybe fisrt pull back ? maybe another formation ? ( well NO, becuase they dont belive in "M" or "W" formations, in fact he dont belive in any formation) But I saw he wait for same level ?? (maybe more similar to order flow or supply-demand zones) Edited February 11, 2012 by successlife Quote thanks Link to comment Share on other sites More sharing options...
peterpiak Posted February 11, 2012 Report Share Posted February 11, 2012 4share or mediafire please. ianf0ster 1 Quote Link to comment Share on other sites More sharing options...
successlife Posted February 11, 2012 Report Share Posted February 11, 2012 These two guys hosting a live chatroom appears to be Martin Cole followers. http://www.daytradingforexlive.com/forex-bank-trading-strategies/learn-to-trade-forex-with-smart-money-part-1/ http://www.daytradingforexlive.com/forex-bank-trading-strategies/learn-to-trade-forex-with-smart-money-part-2/Â I take the trial 2 weeks But, just they change all website and cancel trading room until next week. Then I cant access to see any thing. The fee is cheap, becuase is at litle more than 250 USD./year. I hope they contniues offer access in trial next week. ianf0ster 1 Quote thanks Link to comment Share on other sites More sharing options...
successlife Posted February 12, 2012 Report Share Posted February 12, 2012 You don't get after-the-fact ".... see this beautiful trade? perfect!" and you trade LIVE with them everyday. Hope to see you on Feb 12th. This is realy good news ! I will be there........ ianf0ster 1 Quote thanks Link to comment Share on other sites More sharing options...
magister Posted April 18, 2012 Report Share Posted April 18, 2012 doubt d@ytr@dingf0r£xLivE is using VSA or martin Cole...other than the 90 pip tool and some steve mauro level 3 stuff. TradeGuider is probably what PAT is....Martin Cole goes fishing cause he just rents out PAT...semi-retired. Then some say TradeGuider Repaints, anyhow forexticks is not accurate, in futures the algos spray the T&S with small orders. the whole idea is to get into the mind of a marketmaker, unless big moves they are gonna gun for some obvious stops after convincing everyone the move is up or down wiith a 50 pip move. They create the tape, the mm lob the tennis ball back and forth to each other to create volatility, they are contracted to do so and gamma-hedged by options to move in ranges of 50,100,200 pip ranges on the majors. When those levels are broken the gamma-hedge has to be adjusted this is when things get interesting. 1 or 2 standard deviations and they can keep the orders in house at a bucket shop, after standard deviation of 2 then they have to start offloading risk into the real market...again that is where it get interesting.  but with some really good news no one can control it, only slippage and spread-widening can save them from their dual-quotation obligation. MArtin Cole is so beautifully aligned business model, he never has to stick his neck out and make a trade real time, its all education, and software rental, great model...he is a business man not a trader, it is obvious. Still I hope loads get onto these things as the market will evolve and it will only help trading momentum. Quote Link to comment Share on other sites More sharing options...
awsl Posted May 9, 2012 Report Share Posted May 9, 2012 "Professional Activity Tracker (PAT)"Â anyone able to get a copy of this and analyze what is it about? are there any equivalent product on MT4? Quote Link to comment Share on other sites More sharing options...
sergeyt2 Posted June 7, 2012 Report Share Posted June 7, 2012 Links don't working. Please reupload again Quote Link to comment Share on other sites More sharing options...
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