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FOREX Market Reversal Levels

  • #921
  • Edited 2:29pm Feb 1, 2012 1:51pm | Edited 2:29pm
Quoting hardpippin
Right guys.. Let's see if we can clear all this nonsense up.
The bickering is one of the main reasons I cannot be bothered to visit
this forum as much as I used too.

hardpippin (aka traderx4)

LOL. LOL..

Wow, I predicted this is coming.

I guess you are another subscriber of Andrew's FMRL levels, and just received his unsolicit private messages to ask you to come out to defend him.

I bet, Ultimate is another one who received Andrew's private message to come out to defend the FMRL levels and claiming that FMRL levels are useful in real-live trading.

There will be more and more people coming out to claim the same.

Now, I know this is all fixed. You came out because you have been asked.

I guess Andrew was sending a multitude of private messages to all his subscribers to ask them to come out to defend him and claim that FMRL level are useful.

Very good tactic. Keep it up. I like this marketing strategy, much better than all of the FTI services so far.

So warning to all the posters.

If you want to post a constructive criticism message about FMRL service on this thread, you will definitely be slammed by Andrew's followers, because he would send tons of private messages to his NEWBIE followers to ask them to come out to defend FMRL service claiming how useful these levels were and trying to mislead more NEWBIES to subscribe to his service.
  • #922
  • Feb 1, 2012 2:37pm Feb 1, 2012 2:37pm
Wednesday 1 February 2012


FMRL numbers are used to put lines where we expect price direction to meet support, resistance or reverse.

They should be used in combination with price-action and seem to work best with the technical pairs.


An introduction to price-action can he found here (http://www.nysco.co.uk/Candlestick.zip).


FOREX trading is extremely risky and most people lose their money.


FMRL costs GBP30 a month.

FMRL numbers are available by subscription here (https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=EL6M8ARFNNNUA).

The first month is FREE and you can unsubscribe any time here (https://www.paypal.com/cgi-bin/webscr?cmd=_subscr-find&alias=WWV5GDLDB3D6C).


Below are five of today's 15m charts. Fisher setting is 32 periods.
They now also include 9MA, simple,close and 9MA, simple, close, 3shift.


EURUSD

Attached Image (click to enlarge)
Click to Enlarge Name: EU.gif Size: 22 KB


GBPUSD

Attached Image (click to enlarge)
Click to Enlarge Name: GU.gif Size: 21 KB


EURJPY

Attached Image (click to enlarge)
Click to Enlarge Name: EY.gif Size: 21 KB


USDCHF

Attached Image (click to enlarge)
Click to Enlarge Name: UC.gif Size: 22 KB


AUDUSD

Attached Image (click to enlarge)
Click to Enlarge Name: AU.gif Size: 21 KB
  • #923
  • Feb 1, 2012 2:41pm Feb 1, 2012 2:41pm
I hardly ever post anything, anywhere - but couldn't resist joining the fray - it's so funny. Do I get something out of Andrew's levels - yes. Are they excellent - maybe. Are they subjective - definitely. Are they a "signal" - no way. Yes, Andrew inflates profits etc.. perhaps he shouldn't - but hey - that's up to him.

AK levels <$2 a day - peanuts in trading terms. Why are people wasting their time with this - haven't they got anything better to do? See what you've all done? Brought me out of the woodwork and used up my yearly posting allowance. Going back to bed. zzzz.
  • #924
  • Edited 3:02pm Feb 1, 2012 2:47pm | Edited 3:02pm
Quoting rhtrader
I hardly ever post anything, anywhere - but couldn't resist joining the fray - it's so funny. Do I get something out of Andrew's levels - yes. Are they excellent - maybe. Are they subjective - definitely. Are they a "signal" - no way. Yes, Andrew inflates profits etc.. perhaps he shouldn't - but hey - that's up to him.

AK levels <$2 a day - peanuts in trading terms. Why are people wasting their time with this - haven't they got anything better to do? See what you've all done? Brought me out of the woodwork and used up my yearly posting allowance....


LOL, LOL.

As predicted, there will be more and more newbie followers of Andrew's FMRL coming out. Here is another one.

I just wonder how many private messages Andrew has sent out to all his newbie followers to ask them to come out from bed or woodwork and post here to defend FMRL hoping more newbies would subscribe to FMRL service.

I am having some fun here counting beans. I like to see more coming out. LOL. LOL.
  • #925
  • Feb 1, 2012 2:53pm Feb 1, 2012 2:53pm
Quoting Ultimate6
I've been using these numbers for a year now. Ok lets try some examples.

Sell EU 3260
Attachment
Hi

If you say so thats fine but can you back it up with lets say 1 day results of trading FMRL numbers, here are my trades for today on 1 of my accounts, I trade mini lots cos I just started live trading last year in October so Im still taking it easy and learning and yes I saw FMRL lvls resist and I saw like price goes through them like hot knife through the butter, its 50/50 anyway guys think again...''safe pips..hedge fund...and the guy whos asking you to come here and defend him...it doesnt really make much sense, does it? Why he needs you to defend hes tool? I dont care what ppl say about my trading and they do say I suck and so on lol I dont care, I make money slowly but consistently and in trading slow and steady win the race

http://i.imgur.com/7sUGE.png

Regards
Hank
  • #926
  • Feb 1, 2012 3:32pm Feb 1, 2012 3:32pm
I warned you guys initially on one of the thread being deleted by him. Andrewkin is not acting alone on this scam. He is running what is called scam organisation.
For any forum scam to succeed, you need testimony from your scam members claiming that the system works 100%. I have said it and I keep on saying it more of his members will be coming out to support the system. All of his members have more than one identity with different IP to login. Next will be forged account statement to back it up. Which I believe will appear soon.
  • #927
  • Feb 1, 2012 3:48pm Feb 1, 2012 3:48pm
Quoting 2face
I warned you guys initially on one of the thread being deleted by him. Andrewkin is not acting alone on this scam. He is running what is called scam organisation.
For any forum scam to succeed, you need testimony from your scam members claiming that the system works 100%. I have said it and I keep on saying it more of his members will be coming out to support the system. All of his members have more than one identity with different IP to login. Next will be forged account statement to back it up. Which I believe will appear soon.
You might think too much. Andrew is not Capone family.

I don't think Andrew is running a Scam Organization, I believe he was just trying to send private messages to ask his Newbie followers to come out from Woodwork to defend him and claim how useful these FMRL levels are in live trading, so he can mislead more Newbies to subscribe to his service. That's all.

By the way, that is not illegal. It is a brilliant Marketing tactic.

So, keep it up Andrew, A job well-done !!! LOL. LOL
  • #928
  • Feb 1, 2012 3:59pm Feb 1, 2012 3:59pm
Quoting hanktt
Hi

.... yes I saw FMRL lvls resist and I saw like price goes through them like hot knife through the butter, its 50/50 anyway guys think again...''safe pips..hedge fund...and the guy whos asking you to come here and defend him...it doesnt really make much sense, does it? Why he needs you to defend hes tool? ...

Regards
Hank


I agree 100%. It is 50/50 coin tossing when approaching these so-called best S/R levels.

But, again, having these S/R levels is just 5% of the game, and another 15% is a good strategy on how to use these S/R levels, another 30% is a good money management/risk control strategy, and final 50% is the most difficult part: your emotion - controlling your Greed and Fear and trade with discipline is the most important phase of all trading.

Good luck with your continued success in Forex trading. Rome is not built in a day.
  • #929
  • Feb 1, 2012 4:39pm Feb 1, 2012 4:39pm
Yes, Andrew DID email me and ask for help!
It's not Andrew I'm defending, It's his product.

"Oh, and I'm NOT a NEWBIE either."
25,000 hours of screen time!

They work if you know HOW to use them!
I dont need to post proof of my trading and results anymore. I was already posting my setups BEFORE the trades materialised and their outcome (a skill that few dare to do)

As I said in my earlier post-The FMRL's ARE ONLY A TOOL to assist in trading decisions.

In all honesty, Newbs should NOT be using FMRL's for trading untill they understand price action and herd mentality.

For the benefit of all, I shall speak with Andrew with regards to cease
postings of his charts.

Crawl-Walk-Run.

(aka) traderx4
  • #930
  • Feb 1, 2012 4:53pm Feb 1, 2012 4:53pm
Quoting hardpippin
Y
They work if you know HOW to use them!

(aka) traderx4


Well-said. Nicely put. LOL. You just said something too obvious.

Yes, a simple MACD ind or Stochstic or RSI ind or just 2 MA cross-over would work too, if you know how to use them. But, how many people using them losing money big time.

If you have put tons of screen time already, and you still need to pay monthly subscription fee to get these levels? Are you really that naive?

Some people just use Round numbers claiming big success; others use Fibo and saying they're making money, others just draw a few Monthly, Weekly, Daily, open/close/high/low lines and proving very successful. They are just a few lines, and you can just draw a few random lines, and they may work better than anything out there, if you KNOW how to USE them. LOL. On the other hand, if you don't know how to use anything such as S/R, no matter how good that something is? you would lose big, right? So obvious, please do not post something so obvious and naive.

Here is another excerpt from my previous post for you newbies: Please read carefully, it may prove useful to you.

=======================================

But, again, having these S/R levels is just 5% of the game, and another 15% is a good strategy on how to use these S/R levels, another 30% is a good money management/risk control strategy, and final 50% is the most difficult part: your emotion - controlling your Greed and Fear and trade with discipline is the most important phase of all trading.

============================================
  • #931
  • Feb 1, 2012 4:57pm Feb 1, 2012 4:57pm
Isn't this all a bit child like, isn't trading meant to be a serious business for professionals, not people looking to get rich quick?
It is quiet simple really, if you are interested in the service there is a 30 day free trial, try it. If you don't like what you see cancel it, if you do like what you see keep it. SIMPLE REALLY!!
'May God guide you on your life's journey...'
  • #932
  • Feb 2, 2012 1:32am Feb 2, 2012 1:32am
Quoting wonderwoman
Isn't this all a bit child like, isn't trading meant to be a serious business for professionals, not people looking to get rich quick?
It is quiet simple really, if you are interested in the service there is a 30 day free trial, try it. If you don't like what you see cancel it, if you do like what you see keep it. SIMPLE REALLY!!
Call it professional scam not "business for professionals". The same was what Madoff did and where is he now? Find a trick to deceive newbie and furnish it with money back guarantee. Quote Hedge Fund link bla bla bla. Madoff got NASDAQ link which was the weapon to deceive those guys. He never force you to invest.
  • #933
  • Feb 2, 2012 1:55am Feb 2, 2012 1:55am
Quoting 2face
Call it professional scam not "business for professionals". The same was what Madoff did and where is he now? Find a trick to deceive newbie and furnish it with money back guarantee. Quote Hedge Fund link bla bla bla. Madoff got NASDAQ link which was the weapon to deceive those guys. He never force you to invest.


Right on the mark. Well-said. Concur 100%. Madoff case was a great example. How about that MF Global? Over 1 billion dollar client's money got "Evaporized" or just "Disappeared"??? It is just un-thinkable.

Wonderwoman is just another newbie trader asked by Andrew to come out to defend his FMRL service. It is just Wonder(ful) !!!

I guess so far, there were total 5 newbies coming out already.

There should be two more. Keep counting.
  • #934
  • Feb 2, 2012 3:32am Feb 2, 2012 3:32am
http://i.imgur.com/PXt28.png

Do I need to comment on this one? I think now everyone gets the clear picture.

Regards
Hank
  • #935
  • Feb 2, 2012 4:58am Feb 2, 2012 4:58am
Here, here hardpippin. I'l try to keep my words to a minimum - unlike some who can't resist writing volumes, watching for the next post and dying to outmanouver each other. Egos are popping up everwhere. Why do people get so worked up?

I personally treat line each line like a zone not a discreet level that price should bounce off. It is an "area of interest" only - repeat that - and if other factors such as PA come into play around those zones then it might - or might not - influence my decision on a trade. If these zones have been blasted though or got stuck on more than once druing the week I might ignore them completely. They are just like other S/R zones - but very good ones - which should be treated as one piece of the puzzle. That is all. Would I miss them if I didn't have them - yes - but it wouldn't be the end of the world.

Unfortunately, some expect miracles and start getting upset when something doesn't perform to their wishes. Andrew may have overstepped the mark a bit with profits and fallen into the trap trying to make it into a trading "system" with indis but anything in life - and especially trading - should be treated with a pinch of salt. If traders don't like what they see then cancel their sub and move on.

And even though I hardly post anything anywhere, I'm not a newbie - that does make me laugh. And I'm not Andrew's brother. But now I'm definitely getting bored...and have better things to do. zzzzzzzz
  • #936
  • Feb 2, 2012 7:01am Feb 2, 2012 7:01am
Ok will post end of day.

Quoting hanktt
Hi

If you say so thats fine but can you back it up with lets say 1 day results of trading FMRL numbers, here are my trades for today on 1 of my accounts, I trade mini lots cos I just started live trading last year in October so Im still taking it easy and learning and yes I saw FMRL lvls resist and I saw like price goes through them like hot knife through the butter, its 50/50 anyway guys think again...''safe pips..hedge fund...and the guy whos asking you to come here and defend him...it doesnt really make much sense, does it? Why he needs you...
  • #937
  • Feb 2, 2012 7:10am Feb 2, 2012 7:10am
1) I like these numbers and I actually know 95% how to calc them myself, please no one contact me about this, but these are more accurate. I make much more than £30 a day. If these can help somewhat then it's a good deal. Sometimes my opinion does differ from these levels, they aren't the gospel.

2) I've been trading around 5+ years, I don't need oscillators or MA's

3) The example I posted did not fill. but my trading is no coin toss.

4) I don't use the FTI

5) As above, I'm not a newbie.

I know it's not an attack on me mate and you are convinced these are a scam. Each to their own.

Quoting precisiontra
Just a few comments about your Counter-Trend strategy:

1. You really need to pay GBP30 every month to get these few simple S/R lines? That's GBP360 a year... There are several simple ways to get the similar S/R lines for free. Do a little Google on the internet.

2. I didn't see you are using the re-painted Fisher transform or Price Action (PA) or MA cross-overs to trade the FMRL lines as Andrew suggested. Very interesting. So, you do not want to have these claimed "safe 120 pips" everyday.
?

3. You are using the Infamous Counter-Trend...
  • #938
  • Feb 2, 2012 6:20pm Feb 2, 2012 6:20pm
Thursday 2 February 2012 - Possible 90 pips on 5 pairs


FMRL numbers are used to put lines where we expect price direction to meet support, resistance or reverse.

They should be used in combination with price-action and seem to work best with the technical pairs.


An introduction to price-action can he found here (http://www.nysco.co.uk/Candlestick.zip).


FOREX trading is extremely risky and most people lose their money.


FMRL costs GBP30 a month.

FMRL numbers are available by subscription here (https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=EL6M8ARFNNNUA).

The first month is FREE and you can unsubscribe any time here (https://www.paypal.com/cgi-bin/webscr?cmd=_subscr-find&alias=WWV5GDLDB3D6C).


Below are five of today's 15m charts. Fisher setting is 32 periods.
They now also include 9MA, simple,close and 9MA, simple, close, 3shift.


EURUSD

Attached Image (click to enlarge)
Click to Enlarge Name: EU.gif Size: 27 KB


GBPUSD

Attached Image (click to enlarge)
Click to Enlarge Name: GU.gif Size: 23 KB


EURJPY - 60 pips

Attached Image (click to enlarge)
Click to Enlarge Name: EY.gif Size: 26 KB


USDCHF - 30 pips

Attached Image (click to enlarge)
Click to Enlarge Name: UC.gif Size: 29 KB


AUDUSD

Attached Image (click to enlarge)
Click to Enlarge Name: AU.gif Size: 26 KB
  • #939
  • Feb 3, 2012 12:10am Feb 3, 2012 12:10am
Quoting Andrewkin
Thursday 2 February 2012 - Possible 90 pips on 5 pairs


EURUSD

Attachment

GBPUSD

Attachment

EURJPY - 60 pips

Attachment

USDCHF - 30 pips

Attachment

AUDUSD

Attachment
Gold trade - 18

AUDJPY - 15

EURUSD - 23

see how easy it is to just post numbers... means nothing, andrew get a statement up off mt4 with you charts.
  • #940
  • Feb 3, 2012 12:35am Feb 3, 2012 12:35am
Quoting Andrewkin
Thursday 2 February 2012 - Possible 90 pips on 5 pairs


EURJPY - 60 pips

USDCHF - 30 pips

AUDUSD

[/ATTACH]

Andrew does not keep promises, and again post these unreal pip gains along with the charts.

No wonder people complained his Scam Behavior again and again on this thread, such as 2face, HankT, Apocalypto, etc . Now, it makes me wonder, why did he so desperate to post these numbers after promising to stop posting the pips?

This kind of lying behavior should be banned from a Public Forum like FF.

Even people who came out to defend him also suggested that Andrew should stop his unreal pips postings. Now, he becomes such a liar and people would not trust him any more.

I would predict Andrew would send tons of request emails to his Newbie followers again to ask for help and ask them to come out from BED to defend his despicable lying behavior very soon.

I am waiting to see if any Newbie followers would come out from Woodwork to defend a habitual liar again and help a liar to scam more newbie traders.

What a scam marketing tactic !!!
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