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Ribbon dance 273 replies

"The dance" Continued

Quoting Deusomega
I saw him but I'm assuming Mr. Clarence knows how to spell his last name. Eclay said his last name was Ferrel.
A man with too many names may not remember how to write all of them

He posted an excel sheet in his thread and in file properties his name is listed as Clay Ferrell.
Indrek, that cant be. he is dead. you say dead.

do you think our dear friend paulus, has been communicating with a ghost.


''Paulus

hmm

Well well

Im not going to get into a debate here and twee is right he has done what he needed to do..

I did send the guy a pvt mail saying 'hi Keith its Paulus how you doing ' his reply which i have included here convinced me it was not edge.

here is his reply..I just hope you got it right twee....

Sorry Paulus,,, not anyone by that name. My real name is Clarence Ferrell and I live in Mesa, Arizona. Sorry to disappoint you. I was warned there is some sort of garbage on one of the threads.

Not my problem. Hope they have fun with it. Contact Twee, if you think I'm someone else.

God bless,
Clay''
Quoting ukcool
Indrek, that cant be. he is dead. you say dead.

do you think our dear friend paulus, has been communicating with a ghost.
Do you believe in zombies?
There are a great deal of comments in this new thread that is supposed to be about the system that (as you so repetitively keep pointing out, is by a scam artist) and all we see coming from your posts is negative statements about the person known as eclayf.

Now since you are all so well informed and know so much about the industry and everything else, why is it that not a single one of the anti scam fighters has made a comment regarding the strength or weakness about the system itself?

BMI
Quoting BlueMental
There are a great deal of comments in this new thread that is supposed to be about the system that (as you so repetitively keep pointing out, is by a scam artist) and all we see coming from your posts is negative statements about the person known as eclayf.

Now since you are all so well informed and know so much about the industry and everything else, why is it that not a single one of the anti scam fighters has made a comment regarding the strength or weakness about the system itself?

BMI
Maybe because no one cares about the system. The system is detailed thoroughly throughout the manual included in the thread that anyone can still access.

If you think the system had anything to do with the banning then you are obviously missing the point. The point is that oftentimes scammers will spend months with a "system" slowly building credibility and gaining a following. I'm not going to explain it all again but in short the system is the hook. If people can make money with the system by dancing then by all means I'm happy for them.
Quoting Deusomega
Maybe because no one cares about the system.

If no one care about the system then how come the continued thread already viewed by more than 7000. and already recieved more than 100 replies.. with in couple of days?
Quoting BlueMental
Now since you are all so well informed and know so much about the industry and everything else, why is it that not a single one of the anti scam fighters has made a comment regarding the strength or weakness about the system itself?

BMI
Trading MA bounces is a quite usual trading technique. There is nothing so complicated that should be described on more than 1-2 pages (including illustrative charts).
Why many people are not discussing the technique actively? Because they trade other systems that provide better results for them
Quoting Indrek
Trading MA bounces is a quite usual trading technique. There is nothing so complicated that should be described on more than 1-2 pages (including illustrative charts).
Why many people are not discussing the technique actively? Because they trade other systems that provide better results for them
Indrek,

For your level of experience it's probably "quite usual". For me and others it was a revelation. You are welcome to share any thoughts/ideas/suggestions to the CHOROS thread.

Kostas
Quoting kostas1
Indrek,

For your level of experience it's probably "quite usual". For me and others it was a revelation. You are welcome to share any thoughts/ideas/suggestions to the CHOROS thread.

Kostas
It would be very time consuming as I myself trade sth very different and look for new ideas in other threads. Very often the very best systems do not find too big interest because many new traders think that trading should be extremely complicated. More than three indicators (including MAs that are also indicators) on one chart is usually too much for a good system.
Can I get a quick explanation about the banning? I'm in the CHOROS thread but I haven't read the whole Dance thread. The system was legit but the Clay dude had a website that you had to pay for or what?
Quoting agent6488
Can I get a quick explanation about the banning? I'm in the CHOROS thread but I haven't read the whole Dance thread. The system was legit but the Clay dude had a website that you had to pay for or what?
http://www.forexfactory.com/showpost...postcount=1014
Thanks.
System's concepts seem solid, just wanted to make sure it wasn't a total scam. I can deal with some disagreement.
Quoting agent6488
Thanks.
System's concepts seem solid, just wanted to make sure it wasn't a total scam. I can deal with some disagreement.
Prove it to yourself. Install the sim and test it. One of the few strats that actually helps you see and understand what the market is doing and where it is headed. I see the market in a whole new light these days and draw far fewer trendlines than I used to.
Quoting Indrek
Why many people are not discussing the technique actively? Because they trade other systems that provide better results for them
Hi Indrek

Would appreciate it if you can list from your experience other systems worth looking at too. I am still a total newbie and would like to test the waters with some recommended ones. There are too many on here (FF) to guess which ones are worthwhile.

Thanks a mil
Hey Guys,

I've been trend trading forex for a little more than 2 years now, partly earning my living by trading. I'm not getting into a dispute about who exactly "Clay" is or was... but I'd just like to add that "the dance" is a useful system for me.

In my opinion it's just a refinement of other common strategies. But it is a valid system.

I took a short EUR/JPY @ 115.98 at 8:45am EST
Typical "touch" trade, but I took 24 pips and got out, though it would have been good for 200 pips... crap.

Not sure if I can post screen shots?

CharlesSA, I'm new to forex factory, but not forex. Read the dance manual, it's actually not a bad place to start.
I'm not sure about other systems found on FF, but do some research on 4H trend trading, another good place to start.
  • Post #36
  • Quote
  • Edited 1:47am May 18, 2010 1:37am | Edited 1:47am
Quoting CharlesSA
Hi Indrek

Would appreciate it if you can list from your experience other systems worth looking at too. I am still a total newbie and would like to test the waters with some recommended ones. There are too many on here (FF) to guess which ones are worthwhile.

Thanks a mil
Almost any thread in FF is good for picking up ideas. I always suggest people not to look for entire systems but good elements that allow to build up their own strategies.
Trading forex is business not a social activity, so no one who had a really working and profitable system would reveal it to competitors. But what good traders do - they throw out ideas for developing these into good systems with the help of other traders. Make use of this and you will win!
i wonder how "the dance" could be a scam when its originators clay and endroute never ever asked for a single cent from us. day in day out we ask tonnes of questions and they replied selflessly and quickly. it might seem rather confusing at the start, but if u look at the system for long enough, u will get the "feel" of it. i personally tweaked the dance for my own use. threw out D1 n looked mainly at the 15mins and occasionally at the 1hr to check for any disagreements. its jus some simple MTF confirmation. how can that be complicated?
u guys should ban him only if hes trying to sell a "holy grail" to us for 19.99 or something.
and its funny how some jokers and trolls invade the thread n proclaim the system to be trash cos its ALL by "FEEL" and not ROCK SOLID trading rules! the even funnier part is that 2 of these jokers n trolls still arent banned n are still posting their crap here in the forums.

well i guess 95% of traders here(aka losers) need rock solid trading rules cos they need to be led by the nose. old timers like me who started 15yrs ago with the banks, we didnt have electronic charts. we drew our charts by HAND. that is when u get the FEEL of the ebb n flow of the markets. n thats when the big money comes.
Quoting yunielescaz
and its funny how some jokers and trolls invade the thread n proclaim the system to be trash cos its ALL by "FEEL" and not ROCK SOLID trading rules! the even funnier part is that 2 of these jokers n trolls still arent banned n are still posting their crap here in the forums.

well i guess 95% of traders here(aka losers) need rock solid trading rules cos they need to be led by the nose. old timers like me who started 15yrs ago with the banks, we didnt have electronic charts. we drew our charts by HAND. that is when u get the FEEL of the ebb n...
you started 15 years ago....and still dont have a clue..amazing.
StopLoss is for none belivers... Trust the Gurus..
  • Post #40
  • Quote
  • Last Post: Jun 6, 2010 8:59pm Jun 6, 2010 8:59pm
Seriously ill people drove miles to meet the snake oil salesmen wagon in the western days because they heard from someone that farmer Jakes bad back was much better after ingesting three bottles of the magic elixir.

Some things never change.
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