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  • #981
  • Oct 7, 2012 4:34am Oct 7, 2012 4:34am
Quoting mmaker
Do check out James' website and his 2-days course.
Can I contact him or is there a restriction as to only MMFx members? His website testimonials looked impressive and genuine. Interesting.
  • #982
  • Oct 8, 2012 8:52am Oct 8, 2012 8:52am
Quoting Duffgen
I was just looking at an SM~ BootCamp video, and other than the scrawl on his screenshots, it is painful the to see that, although there ARE M & W patterns as he says, he likes to portray all those outside his fold, as traders who don't use Stop-Losses.

To quote:"If people don't understand the structure of the market, they'll sit there praying that it comes back, and what was once a 10 pip loss, is now a 150 pip loss".
Duffgen,
He also taught about the "powers that be" and the "secret powers" behind the market makers manipulating the forex markets. Do you believe in these??
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No longer trading forex. Looking for full time job.
  • #983
  • Oct 8, 2012 9:17pm Oct 8, 2012 9:17pm
Quoting NeoRio
Yes, I have. As a matter of fact, MC recently made his whole course free and posted it on youtube for anybody to watch.

Neo
So how do you find his PAT sofware ?
  • #984
  • Oct 8, 2012 9:58pm Oct 8, 2012 9:58pm
Quoting metta87
So how do you find his PAT sofware ?
You can also ask Jazznos,
Quoting Jazznos
I dont make a living from trading yet, but I am on the way now. After over 3 years of wasting time and money on traditional technical analysis methods, I now trade Martin Cole's "Market Maker" method.

His custom software is pure genius. Forget all your bulls*** indicators and stop wasting your time on crap that will never work. Its not about managing your emotions either. Of course you need discipline and maturity and experience, theres no getting around that, but nothing like what its made out to be.

People fail cos its a rigged game and they dont understand how the markets really work and how they are manipulated. Once you do it becomes relatively simple and amazingly clear.

His site is www.learningtotrade.com. I am just one of his students who is finally getting somewhere and trying to save you all some pain!

Give it a go. And good luck all :-)
No longer trading forex. Looking for full time job.
  • #985
  • Oct 9, 2012 3:09am Oct 9, 2012 3:09am
[quote author=James Weegen - Browns Plaiqld, Australia]
this was a nice quick trade on EJ short. Scaled out at 20 pips with 3 of my 5 lots as it was touching near this weeks first 8 hour line where I have found it can bounce from. then let the remainder to go my target. snap shots and live video for you to see.

http://screencast.com/t/ykJk63nQ

James
/quote]
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No longer trading forex. Looking for full time job.
  • #986
  • Oct 9, 2012 9:50am Oct 9, 2012 9:50am
[quote author=James Weegen - Browns Plaiqld, Australia]
HI again. here is a trigger from the AUD 15 min chart. I didnt trade it but one of my friends who has my system took this trade for 30 pips and still has a runner in.

James.
/quote]
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No longer trading forex. Looking for full time job.
  • #987
  • Oct 9, 2012 1:44pm Oct 9, 2012 1:44pm
Quoting Jazznos
I dont make a living from trading yet, but I am on the way now.
Unless the person pays his bills through trading profits, and manages his accounts for family income, all these advices are just ego talking. Trading on demo and trying to tell others what to do, what a joke! Even "Commercial Members" are giving kind advice for a reason .....
  • #988
  • Oct 9, 2012 1:51pm Oct 9, 2012 1:51pm
Quoting metta87
So how do you find his PAT sofware ?
Worst part of his whole training (for me and some others I know). It's kind of like trying to learn another man's made-up language, using PAT. While it has certain elements that are brilliant (like de-emphasising the all-too-familiar candlesticks and patterns), it uses some logic that MC does not reveal (like what causes some of his indicators to print what they print). PAT works well for MC because he designed it for himself, but that doesn't necessarily translate to being a good tool for everyone to use. There is a very steep learning curve and one which I (as well as several others) could not grasp after 3 months. As much as I like to praise MC, I will say this (which is also true of SM...from the strong language I've heard him use in his free webinars)...they are quite narrow-minded and only have eyes for the "truth" they see, or the way they believe things to be. The reality is (IMHO) that there are a million ways to trade and any one of those can be profitable. Successful trading is more about the person behind the wheel (you) than about what type of car you're driving to get there (trading method). Any method can work (even a simple MA cross) and any method can fail (even the most expensive trading method out there).

Best Regards,
Neo
Sentiment: Short on cash. Long on hope.
  • #989
  • Oct 10, 2012 10:12pm Oct 10, 2012 10:12pm
[quote author=James Weegen - Browns Plaiqld, Australia]
Hi with this trade, I had missed the entry as was on the coast with my Mum taking her out for dinner. when I got home i saw that the entry area (sweet spot) had gone at 1.2867 so I did some calculations and had decided there was still enough there to get 15 pips the original target if I was in the trade would have been 30 pips. The Horizontal blue line is a center pivot line, and i have found that the market can and often does bounce around this area. so I would rather just take what ever profit (partial) and let the runner go with a break even stop. either way this trade wont be a looser. It was also holding around my target 1 so there i will also take partial profits if it starts stalling there.

Our main job as a trader is

1. Preserve capital. Meaning if you dont see a good signal then DONT trade.
2. manage your risk and the trade.
3. dont get greedy, take what the market is offering.

Ok its only 15 pips but little bites of the apple are still sweet.

here is a live video of the trade. I wish the DMR team would video thier trades for us to see also. Would be great.

http://screencast.com/t/mDm0m1Utj

Thanks Steve the W rides again

James.
/quote]
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No longer trading forex. Looking for full time job.
  • #990
  • Edited 7:03am Oct 11, 2012 3:56am | Edited 7:03am
[quote author=James Weegen - Browns Plaiqld, Australia]
Hello again. here is my trade for today for Eu so far. I started with 2 full lots and then added another 3. At my first target (which was automatically limited) 2 lots were taken off. I took another 1 lot off manually as you will see in the video. the runner's stop was brought to break even or to the second target.

there was a multi day Head and shoulders and also a inter day one so gave me the confidence with the indicators to go long.

see Video here. http://screencast.com/t/1WAq0phe29l6

James.
/quote]

[quote author=James Weegen - Browns Plaiqld, Australia]
Hi again. This is part two video of the last post It did hit the target 2. Happy with the trade. Yes it may go further, but I like to bank along the way. This way my success rate is high Target 2 was at 1.2910

See video here. http://screencast.com/t/qVyKKnEor

James.
/quote]
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No longer trading forex. Looking for full time job.
  • #991
  • Oct 12, 2012 8:09am Oct 12, 2012 8:09am
[quote author=James Weegen - Browns Plaiqld, Australia]
Who said there were no M and W's ???

here are three over a couple of days just on the AUD alone.

have a great weekend all

James
/quote]
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No longer trading forex. Looking for full time job.
  • #992
  • Oct 17, 2012 10:12am Oct 17, 2012 10:12am
Quoting NeoRio
Hey folks, the Skype room is not Angelique's, it's mine. If you are trying to get in, please PM me with your Skype handle.

Thanks,
NeoRio


Hi NeoRio

Do you still have that Skype room? I'd like to be added: jeurope8
  • #993
  • Oct 30, 2012 1:45am Oct 30, 2012 1:45am
Despite the method NOT working for past 4 months, there are people who still wanted to pay to learn this method and requested for a class. Scheduled for Dec 4-7 2012.
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No longer trading forex. Looking for full time job.
  • #994
  • Oct 30, 2012 7:31am Oct 30, 2012 7:31am
Quoting mmaker
Despite the method NOT working for past 4 months . . .
Are you telling us now that it DID work??
  • #995
  • Oct 30, 2012 8:14am Oct 30, 2012 8:14am
Quoting Duffgen
Are you telling us now that it DID work??
Are you saying it NEVER worked ever?
  • #996
  • Oct 30, 2012 11:11pm Oct 30, 2012 11:11pm
Quoting Reese
Are you saying it NEVER worked ever?
I did not make a statement.

I merely asked MMaker, who has been continuously slating SM~ and the MMM4X method for several months, whether or not he thought that the methodology had ever worked.
  • #997
  • Oct 31, 2012 5:00am Oct 31, 2012 5:00am
Quoting mmaker
Despite the method NOT working for past 4 months, there are people who still wanted to pay to learn this method and requested for a class. Scheduled for Dec 4-7 2012.
mmaker,
Since you're from the "inside", can you show us some MT4 statements of successful students using this method? Or statements from Steve Mauro himself? No more from James Weegen please, he's charging US$300 fee and required US$50/mth subscription to FibonacciTrader platform in order to use his M1234 special indicators.
  • #998
  • Oct 31, 2012 6:03am Oct 31, 2012 6:03am
Quoting Reese
. . . can you show us some MT4 statements of successful students using this method? Or statements from Steve Mauro himself? . . .
Ah, Reese, you are a poor fool to ask for proof. I mean no disrespect, but there are no such things available to anybody within the MMM4X fraternity. Many have been asking for a long time for even a demo account linked to myfxbook, or similar, to prove "it" works. The response to anybody asking, is swift, and it's along the lines of:

"Lots of people are making it work for them, so do more R&D, SM~".
  • #999
  • Nov 2, 2012 10:51am Nov 2, 2012 10:51am
Quoting Reese
mmaker,
Since you're from the "inside", can you show us some MT4 statements of successful students using this method? Or statements from Steve Mauro himself? No more from James Weegen please, he's charging US$300 fee and required US$50/mth subscription to FibonacciTrader platform in order to use his M1234 special indicators.
As Duffgen said, no statements, just repeated calls of "do more homework", "the pattern, the pattern, the pattern". Keeping the mass subscribed to DMR to earn the fees for the 4 instructors (no statements, teaching on Demo charts). That's why the Bootcamp is cycled every 10 weeks, to keep the DMR business going.

Ok, I won't post James Weegen anymore but you are not correct about his fees. That USD300 offer is only if you prove that you're MMFx student then you get the discounted price, otherwise you pay the full course fee per his website. He knows where he can get business ..... at MMFx since so many need help. He has a dedicated thread approved by Steve within the forum.
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No longer trading forex. Looking for full time job.
  • #1,000
  • Nov 3, 2012 4:32am Nov 3, 2012 4:32am
The propensity for human beings to delude themselves is a great money maker for skimmy scammers of all variety, and especially in the forex.
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