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steelhead trade journal

  • #461
  • Feb 18, 2009 2:13pm Feb 18, 2009 2:13pm
Quoting dwildes
I paid as well - and I'm not upset about the money - it's the wasted time/effort/energy.

Paid what? I 'joined' Steelhead's yahoo group and got sent invitations to webinars which I attended and then I added nwsuccess and got his trade ideas; then I found nwsuccess had some youtube videos and I watched them.

Nobody ever asked me for money!

Actually, I thought - and still think - the idea behind Steelhead's trading was sound. It is very similar to the approach on the No Brainer thread. He was a bit too cavalier about it, though; and I got the impression his money management was seriously askew. Of course, that's only a guess, as he never gave any details of stop size or positions taken.
All flesh is as grass
  • #462
  • Feb 18, 2009 2:19pm Feb 18, 2009 2:19pm
Quoting dod
Paid what? I 'joined' Steelhead's yahoo group and got sent invitations to webinars which I attended and then I added nwsuccess and got his trade ideas; then I found nwsuccess had some youtube videos and I watched them.

Nobody ever asked me for money!

Actually, I thought - and still think - the idea behind Steelhead's trading was sound. It is very similar to the approach on the No Brainer thread. He was a bit too cavalier about it, though; and I got the impression his money management was seriously askew. Of course, that's only a guess, as he...
Would you like the paypal transaction receipt?
Maybe you didn't hang out long enough - not sure. I got 'free' sample as well - for a time.
  • #463
  • Feb 18, 2009 2:53pm Feb 18, 2009 2:53pm
Quoting dwildes
Would you like the paypal transaction receipt?
Maybe you didn't hang out long enough - not sure. I got 'free' sample as well - for a time.
Ah, well. Sorry to hear that. As you say, maybe I was a latecomer. But, surely, you must have got something from that 'free sample', to be interested in paying for more?

If, as you say, it's been 'wasted time/effort/energy', then I apologise if I came across as being insensitive.

I still feel Steelhead's/nwsuccess's views on 'levels' had some value.
All flesh is as grass
  • #464
  • Feb 18, 2009 2:55pm Feb 18, 2009 2:55pm
Quoting dod

I still feel Steelhead's/nwsuccess's views on 'levels' had some value.
Simple supp/resist on 4hr chart.
I could not get any insight into his trading besides that, and believe me I tried.
  • #465
  • Feb 18, 2009 3:09pm Feb 18, 2009 3:09pm
Quoting Petefaders
Simple supp/resist on 4hr chart.
I could not get any insight into his trading besides that, and believe me I tried.
Well, yes! In a nutshell, that was all it amounted to.

I suppose what impressed me was the fact that he actually went out on a limb to define levels and then trade them - although, with hindsight, perhaps he didn't actually trade them. He certainly talked about doing so, though.

Of course, his levels may only have been those of nwsuccess.

Either way, it was as you say ... S/R on 4 hour chart. I'm sure some people make that pay, even if Steelhead didn't ... assuming he didn't.
All flesh is as grass
  • #466
  • Feb 18, 2009 3:44pm Feb 18, 2009 3:44pm
Quoting dod
Ah, well. Sorry to hear that. As you say, maybe I was a latecomer. But, surely, you must have got something from that 'free sample', to be interested in paying for more?

If, as you say, it's been 'wasted time/effort/energy', then I apologise if I came across as being insensitive.

I still feel Steelhead's/nwsuccess's views on 'levels' had some value.
No worries - like I said, the money doesn't matter and I'm not upset with anyone (maybe myself), but more disappointed of the outcome of this.
I agree with you, I did like their concept, that is why I did pay. Like I said, any system that is 'LEGIT' - is worth looking into.

They never could explain the logic/reason to me on what to look for. I can go and pinpoint a dozen solid candle closes on the H4 chart at S/R, and completely fail. What makes them different than the winners? What are you looking for that means they are invalid? Some of those trades I heard 'add if it goes against you' and it kept falling another few hundred PIPs. What are the rules around that? When do you know to 'add' or 'manage the trade' - or it was a false setup and do not add? How much risk should you be trading and why? If you are adding, what is your scale-in technique and why? Why did stops get moved sometimes - and other times, profit taken early?

Those are the types of explanations you should have when learning a method/system. Otherwise - how will you know it works? Buying/selling the close of H4 candles is not enough and all you would get are vague answers.
  • #467
  • Feb 19, 2009 7:24pm Feb 19, 2009 7:24pm
so, this guy was Mouteki?
  • #468
  • Feb 20, 2009 2:05am Feb 20, 2009 2:05am
Late to the party here, but if anyone ever needed proof that what goes a'rd comes a'rd here it is... with his getting banned.

I'd put him in the top 3 of obnoxious and disruptive posters over the last year or so that I've been unfortunate enough to have dealings with. The other 2 have already been banned and I believe this now makes a Hat Trick.

Good riddance imo, no matter what the reason.
FUBAR...
  • #469
  • Feb 20, 2009 2:59am Feb 20, 2009 2:59am
Quoting giraia_br
so, this guy was Mouteki?
who is mouteki?
  • #470
  • Feb 20, 2009 8:30am Feb 20, 2009 8:30am
Quoting vorschlag
who is mouteki?
some time ago he was the most famous member in this forum

explained:

http://www.forexfactory.com/showthre...67#post2553767
  • #471
  • Feb 21, 2009 8:19pm Feb 21, 2009 8:19pm
Quoting dwildes
No worries - like I said, the money doesn't matter and I'm not upset with anyone (maybe myself), but more disappointed of the outcome of this.
I agree with you, I did like their concept, that is why I did pay.....
I just wanted to post publicly that I requested a refund for the remaining months of service, and I got my refund today. That was very ethical of them to do that, aside from our differences. I appreciated it and wanted to say it.

Thanks!
  • #472
  • May 21, 2009 11:04pm May 21, 2009 11:04pm
How funny that the guy that kicked you out is now banned for trying to charge for a paying service.
  • #473
  • Nov 19, 2009 9:37pm Nov 19, 2009 9:37pm
Im back and back to my journal. Those who got me booted got booted for the same thing they accused me of isnt that great.


lets start this journal back up again.
  • #474
  • Nov 19, 2009 9:39pm Nov 19, 2009 9:39pm
Im looking to buy the gu between 6600 to 6550 on solid four hour close.
  • #475
  • Nov 19, 2009 10:06pm Nov 19, 2009 10:06pm
Also looking at getting long the ej not sure where just yet. I have alerts set at 132.00 so i will start paying attention to that area.

Remember if you trade longer term make sure you keep your stops outside the range. Look to the left for your major s/r levels and place stops above or below those areas.
  • #476
  • Nov 20, 2009 9:47am Nov 20, 2009 9:47am
Im long the Gu at 6500
  • #477
  • Nov 20, 2009 10:37pm Nov 20, 2009 10:37pm
Quoting steelhead
Im back and back to my journal. Those who got me booted got booted for the same thing they accused me of isnt that great.


lets start this journal back up again.
Welcome back! Nice long position you've taken on GU at 6500.
Just digging in the trenches like everyone else!
  • #478
  • Nov 21, 2009 12:28am Nov 21, 2009 12:28am
Quoting steelhead
Im looking to buy the gu between 6600 to 6550 on solid four hour close.
Welcome back..lets collect pip times
  • #479
  • Nov 22, 2009 2:17pm Nov 22, 2009 2:17pm
Keep buying dips in gu with solid one or four hour closes.


HI Pete. How is your paid service going?
  • #480
  • Nov 22, 2009 2:59pm Nov 22, 2009 2:59pm
Welcome back steelhead - nice to see you here again!!

Chris
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