DislikedHi guys, I have started a new thread with the Crucial Point Scalping System: https://www.forexfactory.com/showthr...84#post9877384Ignored
What's the point in wasting time on a sucker and his system?
WRB/MC strategy:Coder needed to semi-automate my strategy 11 replies
strategy builder/tester for new scalping strategy 1 reply
Is opposite of losing strategy a winning strategy? 21 replies
After years in trading, do you still believe in get-rich-fast BS? 98 replies
DislikedHi guys, I have started a new thread with the Crucial Point Scalping System: https://www.forexfactory.com/showthr...84#post9877384Ignored
Disliked{quote} ROFL What's the point in wasting time on a sucker and his system?Ignored
Disliked{quote} You might not believe this, but my strategy is stunningly simple. I take the ADX on M5 as direction. I enter on breakouts and place a stop at the last major low or high on an M1 chart. I follow the M15 or 30 chart and ride my trade until the trend changes. It is mechanical. And it works. I am stopped out often. {quote}{quote} Yes, I know nothing. Or, it could be that you do not know what you do not know young padawan. There are no original ideas in a market that has been around since the rice traders of Japan. You can Google that too. At...Ignored
Disliked{quote} No original idea since the Japanese candlesticks?? how stupid are you? You cannot think for yourself because you are sheep. And sheep get slaughtered in this caper and so do pigs. I am stopped out often. Confirmed you have no idea about MM. I told you are a know all that knows nothing. You have wasted your time subscribing to 100 users because you have learnt nothingIgnored
Disliked{quote} Ignoring the aroused Ronda Rousey for a moment and going off topic. May I ask, do you use the stock MT4 ADX?Ignored
Disliked{quote} You're failing to understand that his system had certain rules to it that you won't see on any of the indicators. Those indicators were used to provide quick/easy references and alert him to potential trades.Ignored
Disliked{quote} I don't think the "reverse engineered" indicator has much to do with the original system indicators (as far as I was able to decipher it). kIgnored
Disliked{quote} It's actually superior in the way of combining Crucial Point's entry method with his filtering method. If you look back at his screenshots of entries it becomes apparent.Ignored
Disliked{quote} Would you be prepared to do a simple statistical exercise then, one that I set for you? I guarantee it won't take you longer than an hour.Ignored
DislikedThe accuracy of entries can only be determined in hindsight, just like the very beginning of what people call a trend, entries are in the past. Exits are the present - this is the difference. They work together but the present outweighs the past. .......Ignored
QuoteDislikedHe says it much better than I do: "When you have a bad entry, you can always work your way around it, but when you have a bad exit, this is final This is when the P&L gets printed." Laurent Bernut
Disliked{quote} In a way, it's a similar kind of illusion that's inherent the 'Monty Hall' problem (which was discussed earlier in the thread), where the contestant's initial choice seems to be irrelevant once one of the doors has been opened. Yet it is not!. Each one of us believes that he can see something that the other can't.Ignored
DislikedAha! The Monty Hall problem actually shows this!...The 1st choice is the participants reference used in solving the problem, its not the deciding factor itself, its not the 'Correct Choice' (which is correct over a number of tries...revealing the edge)Ignored
DislikedThank you for all replies For the last 4 years I was spending something about 10 hours daily in front of MT4 and for the last 2 years I was trading without any indicators. I know how to trade with trend using HL/LH method as I always want to take a good entry. I know everything about proper money management - I always risk 2% of my account per trade with 1:2 ratio as it's easy to hit and it's the most profitable scenario (confirmed by many excel calculators, etc.). I'm a big fan of japanese candlestick patterns and I always tried to build...Ignored
Disliked{quote} Yes, bird watchers are obvious to spot. It is a good way to trade if you are not trying to get rich tomorrow.Ignored
Dislikedfreakout, i have a simple advice to give you forget about forexfactory.com for like ......6 months get some basic books and read them steve nison - candlestick charting techniques\ john murphy -technical analysis of the financial markets van. k tharp - trade your way to financial freedom these 3 are one of the few basic books. and when i say basic books i mean it all the other books ( which 75% are either crap or rehash the ideas in the 3 books i gave you) all the posts in forex factory no matter how good they are have less good info compared with...Ignored