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  • #1,861
  • Aug 11, 2010 11:33am Aug 11, 2010 11:33am
Quoting MultiCoon
Hi Nick
Lets E/U goes to you call !!! I have 88 and 73 entry positions ....

http://img.photobucket.com/albums/v4...g?t=1281548586
cool your entry is better than me
  • #1,862
  • Aug 11, 2010 10:00pm Aug 11, 2010 10:00pm
Well, the results for August 11th are up. Following the signals to a tee gave 120 points in losses while the results page shows 60 points. The long at 1.2965-55 is forgotten.

Trading is easy when you shave off 50% of losses here and there. And no doubt our gracious host will answer this in as broken and ambiguous language as possible.

To prospective subscribers: to be fair, this is the first time I've noticed this happen in the two months that I've been a subscriber.
  • #1,863
  • Aug 11, 2010 10:36pm Aug 11, 2010 10:36pm
The yen pared gains on speculation Japanese officials will act to halt an advance in the currency that is imperiling the nation’s export-led economic recovery.

Japan’s currency retreated from a five-week high against the euro after Financial Ministry and Bank of Japan officials met to discuss financial markets. China’s yuan fell the most in seven weeks on speculation policy makers will counter its appreciation amid signs of a slowdown.

“It’s important for the government and the BOJ to cooperate and show their resolve” about the yen’s strength, said Hiroshi Watanabe, a senior economist in Tokyo at the Daiwa Institute of Research, a unit of Japan’s second-biggest brokerage. “That may ease the yen’s upward pressure. Otherwise, the currency would keep strengthening without a buffer.”
  • #1,864
  • Aug 11, 2010 11:57pm Aug 11, 2010 11:57pm
Quoting Robinson
Well, the results for August 11th are up. Following the signals to a tee gave 120 points in losses while the results page shows 60 points. The long at 1.2965-55 is forgotten.
t
Trading is easy when you shave off 50% of losses here and there. And no doubt our gracious host will answer this in as broken and ambiguous language as possible.

To prospective subscribers: to be fair, this is the first time I've noticed this happen in the two months that I've been a subscriber.
both EU calls were stopped out yesterday
Don't chase the market, Let the market come to you
  • #1,865
  • Aug 12, 2010 12:01am Aug 12, 2010 12:01am
Nick,

do I manage the Silver signals myself? Or do I follow your targets stated? Because you target for the most recent silver signal seems quite far away.

Thanks,
  • #1,866
  • Aug 12, 2010 12:06am Aug 12, 2010 12:06am
Hello, I signed up for Nick's calls and I have to say "BEWARE of Nick" ... he is fraud and his results are totally fake. If you don't believe, please sign up
Yesterday's call (recall) is typical situation. Good luck to all (not to Nick). Bye.
  • #1,867
  • Aug 12, 2010 12:34am Aug 12, 2010 12:34am
Robinson i cant really coment on the signal becausei did not take it. But why did you enter 2 times was not the entryupdate for those that have not take the first trade meaning you should only have one trade ?


i think nick have change the signal 2 times under i dont know 5 mounth or so i can live with that.


Have you been with nick for 2 mounth ? great then have you following all his signals ? and if so are you + or minus on your account ?

the updates Nick is making is not for own winning it is sometimes little anoying but he do it for us his subscribers to try to get in at a better point
  • #1,868
  • Aug 12, 2010 12:42am Aug 12, 2010 12:42am
Quoting ALF_fx
Hello, I signed up for Nick's calls and I have to say "BEWARE of Nick" ... he is fraud and his results are totally fake. If you don't believe, please sign up
Yesterday's call (recall) is typical situation. Good luck to all (not to Nick). Bye.

is this recall a typical situation ? yes it happen to me 2 times in 5 mounth. And i guess you still dont understand the result thats why you call it a fake. But you are abolutly right for you i dont think there is a winning strategy or anything leave forex before you looose more lets face it you will never get anything.

And i feeling sorry for you because you have lost because you dont understand. Many people here are verry happy with nick signals and we make money so i guess Nick is not to blame for you losses. Then again not everyone are fit for forex................
  • #1,869
  • Aug 12, 2010 1:08am Aug 12, 2010 1:08am
Quoting jgadefelth
Robinson i cant really coment on the signal becausei did not take it. But why did you enter 2 times was not the entryupdate for those that have not take the first trade meaning you should only have one trade ?


i think nick have change the signal 2 times under i dont know 5 mounth or so i can live with that.


Have you been with nick for 2 mounth ? great then have you following all his signals ? and if so are you + or minus on your account ?
If it was in fact meant for only those who didn't take the first trade, it was certainly not defined as such. Saying "oh, that was meant for those only," after the fact, is way too convenient.

Taking that into account, I admit it's plausible that -- had the second entry happened to be a winner -- Nick would have calculated the result as -60+50 = 10 points. Anyone thinking of subscribing should take this into account and give Nick the benefit of doubt.

Overall Nick's signals have been profitable for me but certainly haven't gotten the same amount of points as reported in the results page. I'm barely breaking even.

Quote
the updates Nick is making is not for own winning it is sometimes little anoying but he do it for us his subscribers to try to get in at a better point
Well the reason for that should be obvious. The signals are ambiguous so that Nick has a margin of error, and I submit that this is the reason Nick is opposed to automatic signals, it would remove the ambiguousness and not allow him to pick the best case scenario when publishing the trade records. There'd be nothing wrong with this, if he were upfront about it.

It does speak volumes that you've been with Nick 5 months and seem happy; I'll most likely continue to pay for the service.
  • #1,870
  • Aug 12, 2010 1:19am Aug 12, 2010 1:19am
Nick seems like an upright guy, but I don't know him well enough to defend him just yet.

But perhaps (and I say perhaps) these updates are created after price has given Nick new information. For example I trade using the fib tool. A swing may give me a long signal, BUT as price continues making new highs and lows I may see a short signal (within my long fib). Therefore I might exit my long trade temporarily and get back in long at a better price once my short target has been reached. Just a thought but I don't know if this is similar to Nick's reasons.

I've never taken trade signals in my life from anyone.

~~ I prefer to be fed with a wooden spoon - learning to trade, education, years of chart time, some sweat and tears.

verses ...

~~ Being fed with a silver spoon in mouth - taking signals, lazy trading, never learning how to trade on your own.

Not saying one couldn't use signals to make money while you learn. I still think what Nick is doing here is a good thing for many, but if you don't understand the underlying method, then you're not going to understand the reason for the signal updates.

Some signals providers such as those listed on CS2 provide a "don't pay unless your profitable for the month" options. Maybe Nick will consider this type of option as well (just a humble suggestion). If anyone is interested in CS2 feel free to PM me for the link (I won't post it here in respect to Nick and his thread).

Regards,
Grid
The market is like the matrix - it is you that must learn to bend
  • #1,871
  • Edited 2:13am Aug 12, 2010 1:43am | Edited 2:13am
Quoting GridTrader
Nick seems like an upright guy, but I don't know him well enough to defend him just yet.

But perhaps (and I say perhaps) these updates are created after price has given Nick new information. For example I trade using the fib tool. A swing may give me a long signal, BUT as price continues making new highs and lows I may see a short signal (within my long fib). Therefore I might exit my long trade temporarily and get back in long at a better price once my short target has been reached. Just a thought but I don't know if this is similar to Nick's...
Thanks for your reply brother,

I really don't agree with those negative guys who only try to make chaos and don't attend to them (except Robinson). More important for me is try to help ppl to earn on this market.

Sometimes they said we have no time to take trade on your position and sometimes say we trade in 1-2 mins after you sent your calls. I think the only thing they are looking for is try to make everything gray like they did before on other threads. I continue my work and try to make this thread more powerful than before.

Cheers
Nick
  • #1,872
  • Aug 12, 2010 2:23am Aug 12, 2010 2:23am
Quoting FXAdvice
Thanks for your reply brother,

I really don't agree with those negative guys who only try to make chaos and don't attend to them (except Robinson). More important for me is try to help ppl to earn on this market.

Sometimes they said we have no time to take trade on your position and sometimes say we trade in 1-2 mins after you sent your calls. I think the only thing they are looking for is try to make everything gray like they did before on other threads. I continue my work and try to make this thread more powerful than before.

Cheers
Nick...
Carry Go my Brother, don't mind those negative minded people who want to miss led us. We they your back.

Thank you,
yomi
  • #1,873
  • Aug 12, 2010 2:26am Aug 12, 2010 2:26am
Quoting GridTrader
Nick seems like an upright guy, but I don't know him well enough to defend him just yet.

But perhaps (and I say perhaps) these updates are created after price has given Nick new information. For example I trade using the fib tool. A swing may give me a long signal, BUT as price continues making new highs and lows I may see a short signal (within my long fib). Therefore I might exit my long trade temporarily and get back in long at a better price once my short target has been reached. Just a thought but I don't know if this is similar to Nick's...
Well, I'm not sure who you're addressing but I'm guessing it's me. I've never criticized Nick for providing updates. I change my mind the minute I get a reason to and can only hope that Nick does too, and updates us.

I criticized him for "erasing" the original entry, omitting it from the trade records. It was a real entry, one of which his subscribers took. Yet, there is no record of it.

I regard this as correct criticism and Nick's reluctance to address it properly -- other than with platitudes and ambiguous sentences -- is worth a thousand words. This is as far as I'm going go to defend my position; everyone can take it for what it's worth.
  • #1,874
  • Aug 12, 2010 12:36pm Aug 12, 2010 12:36pm
It was not directed at anyone. It was just a general post saying "maybe this" is why. That's all. I meant no harm to anyone or there experience with the signals. Please don't take it negatively. It wasn't meant that way by any means.

Quoting Robinson
Well, I'm not sure who you're addressing but I'm guessing it's me. I've never criticized Nick for providing updates. I change my mind the minute I get a reason to and can only hope that Nick does too, and updates us.....
The market is like the matrix - it is you that must learn to bend
  • #1,875
  • Aug 12, 2010 12:53pm Aug 12, 2010 12:53pm
I can see how a small number of negative calls could affect judgement on the overall perceived performance.
  • #1,876
  • Aug 12, 2010 1:26pm Aug 12, 2010 1:26pm
Hi,

Trial signup ended, all signup members will have 7 days trial signal.

Thanks
Nick
  • #1,877
  • Aug 13, 2010 5:05am Aug 13, 2010 5:05am
To support the slowing economy, the Federal Reserve will likely take further steps to ease policy beyond those it announced this week, including buying larger amounts of government securities, veteran Wall Street economist Henry Kaufman said on Thursday.

On Tuesday, the Federal Open Market Committee said it would reinvest principal payments from agency debt and agency mortgage-backed securities in longer-maturity Treasuries.

Asked whether this was enough to shore up the economy, Kaufman told Reuters it was a marginal easing step.

"I don't think this is the last. I think there will be other moves by the Fed," he said in a telephone interview.

Kaufman acquired the moniker "Dr. Doom" for making the right call on higher inflation and interest rates when he was chief economist with Salomon Brothers in the 1970s and 1980s. He is also known as an expert on the Fed -- the U.S. central bank.

"I suspect that the Fed will, within time, purchase more longer-dated government securities" than is required by reinvesting the principal payments from agency debt and agency mortgage-backed securities in the Fed's portfolio, said Kaufman, who is president of financial consulting firm Henry Kaufman & Company, Inc in New York.

Another easing step the Fed might take would be to slash the interest on excess reserves which the Federal Reserve pays, he said.

The FOMC's action this week "is a delayed recognition of the slowdown in the economy," said Kaufman. "As a consequence the Fed has made another easing move to marginally help the economy or to underpin it," he said.

In the second quarter, U.S. gross domestic product growth slowed to 2.4 percent, from 3.7 percent in the first quarter.

Kaufman expects an extended period of lackluster growth.

"Over the next couple of years if we can generate anywhere around 2.5 percent we will be doing well," Kaufman said.

He said the odds of a U.S. recession are about one in three over the next 12 months.

Over the next nine months Kaufman expects the fed funds target rate to remain in its current range of between zero and 0.25 percent.
  • #1,878
  • Aug 15, 2010 10:25pm Aug 15, 2010 10:25pm
Morning,

I hope you had great weekend and ready for new pips hunting... this week most of important news are around GBP.
  • #1,879
  • Aug 16, 2010 2:00am Aug 16, 2010 2:00am
possible target for long story on E/U...

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  • #1,880
  • Aug 16, 2010 7:19am Aug 16, 2010 7:19am
Market try to reach our expected area but still has low power...

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