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  • #61
  • May 30, 2010 6:11pm May 30, 2010 6:11pm
Hi,

I just purchased this ebook last Friday... read it... and now I'm going over it again. I really like what this system has to offer.

I just have a couple of questions:
1. Which pairs do you trade? I know this was mentioned somewhere, because I read it, but I can't seem to find it in the ebook ANYwhere. Trust me, I've looked for the past half hour.
2. What kind of stop loss works better with the system from experience?

Thanks
WTForex - Join our trading family
  • #62
  • May 30, 2010 6:30pm May 30, 2010 6:30pm
Quoting freedomtrade
Hi,

I just purchased this ebook last Friday... read it... and now I'm going over it again. I really like what this system has to offer.

I just have a couple of questions:
1. Which pairs do you trade? I know this was mentioned somewhere, because I read it, but I can't seem to find it in the ebook ANYwhere. Trust me, I've looked for the past half hour.
2. What kind of stop loss works better with the system from experience?

Thanks
Hey bud,

The majors are the pairs to trade using the trading in the black system. E/U, G/U, U/J, and USD/CHF. use a 50 pip stop loss to start on all trades and move as you go into profit
  • #63
  • May 31, 2010 7:10pm May 31, 2010 7:10pm
It seems to take a bit of screen time before you recognise these patterns. I noticed that there was a trade on the G/U, E/U and U/C in the last 24 hrs.

But that's in hindsight.
WTForex - Join our trading family
  • #64
  • Jun 1, 2010 9:22am Jun 1, 2010 9:22am
Quoting freedomtrade
It seems to take a bit of screen time before you recognise these patterns. I noticed that there was a trade on the G/U, E/U and U/C in the last 24 hrs.

But that's in hindsight.
I would say that there's more screen time needed for the confluence tools than there is for the system.

The system looks for a very specific pattern but the trading environment will dictate placing the trade or not.

Mike
  • #65
  • Jun 1, 2010 9:41am Jun 1, 2010 9:41am
Quoting AndsX
Donnie,

I have used a pivot based system in the past. I assume i got a good understanding on it. I understand there is a huge difference between trading a $100 acct vs trading a huge account. What i meant was give the trading system to two robots will it have the same entries. We don't have to worry about the TP.

Do you have any performance history on this system
Check out the performance video on my YouTube channel.

It can't get much more lucid than that.

I explain drawdown and it's relationship to % gain.

That account is a forward traded account.

This approach IS NOT A ROBOT.

Traders will need a basic understanding of the market and be able to use confluence indicators to pick trades.

If you check out theforexfocus.com you'll see a group of guys that have picked up the system and are beating the market week in and week out.

Mike
  • #66
  • Edited 8:11am Jun 2, 2010 7:50am | Edited 8:11am
I was wondering what happened (well not really, I could sense your frustration) and where you went. Now I Know.

Are you planning on being here or over at the new place?

Thanks

Bill

P.S. the reason I ask is I remember my father telling me it's hard to worship two gods at the same time; boating and golfing - so I said screw it and just ride hogs



EDIT can't find the register link on the other site
  • #67
  • Edited 10:13am Jun 7, 2010 9:49am | Edited 10:13am
acumen I am a struggling trader for the last 2 years. i'm having panic attacks today because I think I am on the verge of cracking and giving up. A lot of effort and money has been spent by me on "training"

with every "system" out there or even "method" one person may achieve great results and another may fail completely. is your system that even a dumb guy like me can make profits on? i do understand fibs, trendlines, physc levels etc. but the way I draw a fib may be different then the way you want us to draw fibs. do you explain which time frame to look at? i really want to make it. well actually i don't care about millions I just care about 4-5% a month so I can go back to school! help would be appreciated.

i already have the fxi pivots on my charts but using them effectively is another situation. which pairs do best on your system? also how long have you traded this system? i see that you run a hedge fund as well are you using this method to run that fund? i signed up on your website as well under the username ricky. thanks

also i see your performance #s for march but how did the system perform in april and may?
  • #68
  • Jun 7, 2010 1:55pm Jun 7, 2010 1:55pm
Hey Ricky,

did you get that PM?
  • #69
  • Jun 7, 2010 7:05pm Jun 7, 2010 7:05pm
Quoting uraceulose
Hey Ricky,

did you get that PM?
I did. Thanks!!
  • #70
  • Jun 9, 2010 5:47am Jun 9, 2010 5:47am
Hi Guys,
Does the stochastic cross have to occur in the overbought for short and over sold for long areas respectively or can it be anywhere.
  • #71
  • Jun 9, 2010 8:40am Jun 9, 2010 8:40am
Quoting streetcry
Hi Guys,
Does the stochastic cross have to occur in the overbought for short and over sold for long areas respectively or can it be anywhere.
Hey man,

When the stochastic cross takes place...that is what technically means "oversold" as far as the indy goes...

We look for confluence though and not only a stochastic cross. Pivot point/fib...etc.
  • #72
  • Jun 9, 2010 10:12am Jun 9, 2010 10:12am
Thanks thats great i just wanted to clarify whether the cross needed to be in the 80 20 areas respectively.

Using fibs for confluence and trading 6am till 11 am uk time i have backtested all of this year so far and the results are very good.

Thanks again
  • #73
  • Jun 24, 2010 8:07pm Jun 24, 2010 8:07pm
Where can I get more information about this ebook?
It sounds great, but doesn't really tell me much.
May be if you would provide a table of contents of the book or index page.
Do you cover scalpings in the book?
  • #74
  • Jun 25, 2010 12:49am Jun 25, 2010 12:49am
Quoting vocc242
Where can I get more information about this ebook?
It sounds great, but doesn't really tell me much.
May be if you would provide a table of contents of the book or index page.
Do you cover scalpings in the book?
hey bud,

check out thefxpivotpoint.com This is acumens webpage.

Make sure you're using internet explorer at the images don't show up on firefox or chrome for some reason..

Take care,

Donnie
  • #75
  • Jun 25, 2010 2:21am Jun 25, 2010 2:21am
Thanks
I don't see any pictures on the website though.


Quoting uraceulose
hey bud,

check out thefxpivotpoint.com This is acumens webpage.

Make sure you're using internet explorer at the images don't show up on firefox or chrome for some reason..

Take care,

Donnie
  • #76
  • Jun 25, 2010 9:37am Jun 25, 2010 9:37am
Quoting vocc242
Thanks
I don't see any pictures on the website though.
Are you using Internet explorer?
  • #77
  • Jun 25, 2010 6:06pm Jun 25, 2010 6:06pm
yep
Quoting uraceulose
Are you using Internet explorer?
  • #78
  • Jul 10, 2010 3:22pm Jul 10, 2010 3:22pm
Hi Acumen:
Enjoyed your post at E/U thread for a long time, welcome back. 2 quick questions.

1) I see your results on the demo acct. are you trading this with real money and do you have your results, if it's private and you don't want to disclose, I totally understand.
2) Is the e-book a summation of everything at psych, pivot lines, trend lines, etc. in a nice package? Thanks for everything and looking forward to learning this. It always made sense to me, but I could never master it, looks like there's a lot of help here.

Jim
  • #79
  • Jul 15, 2010 10:38am Jul 15, 2010 10:38am
hey guys for those that follow the method, i noticed people talk about 15 minute time frames.....i work a normal job, and can trade but its hard for me to day trade, will it work for those following the 4 hour charts?
  • #80
  • Jul 24, 2010 6:53am Jul 24, 2010 6:53am
Hello traders,

Can a get a summary of this ebook. I am not sure what to expect because I have not joined any active threads and I do not know anyone here.

I've read the last 6 pages, and All I got was, It's stochastic cross overs? Am I correct. And based on M15 TF. is this correct too.. Maybe acumen can update the very first post with detailed infor about this Ebook. I also checked out the focusgroup and I couldnt find much info either.

Thank you
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