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Eitan's Project

  • #1,801
  • May 24, 2014 9:28am May 24, 2014 9:28am
Quoting spufuz
{quote} Hey, you should not jump to conclusions about how I trade. Of course I can spot levels of S/R since im mostly a pure price action trader. All though I think indicators can be a supporting element to your trading when it comes to finding setups and eliminating false signals. If you read this thread carefully you can se that Eitan does NOT just rely in his indicators, but he is also looking at price action. I asked a question to Eitan, and you didn't even had to answer it. Im not really interested in your opinion...
Chill out dude.Not questioning your house of cards.Questioning the principle which is being preached here.
No indicator none can predict false signal.All indicators are lagging.You can't eliminate false signals by using lagging indicators and does not matter how many red boxes line up.
Your reactionary defensive post already suggests where you are in trading.Good luck
In trading, you have to be defensive and aggressive at the same time
  • #1,802
  • May 24, 2014 9:30am May 24, 2014 9:30am
To posters here I am not bashing but giving you guys a perspective take or leave it.
People who have been around in trading and successful do understand what I am saying.I guess you just going to find out by your own money.
Done here good luck.
In trading, you have to be defensive and aggressive at the same time
  • #1,803
  • May 24, 2014 9:30am May 24, 2014 9:30am
Quoting jeffmichaels
{quote} Can't japanese candlesticks, trendlines, and moving averages also be considered indicators (as seen on your chart), real naked trading would mean a line tick chart imho EDIT: Not that i dont agree 15 indicators can be overkill, just saying
Even better off with Ask/Bid prices - Someone
  • #1,804
  • May 24, 2014 9:37am May 24, 2014 9:37am
Quoting jeffmichaels
{quote} Can't japanese candlesticks, trendlines, and moving averages also be considered indicators (as seen on your chart), real naked trading would mean a line tick chart imho EDIT: Not that i dont agree 15 indicators can be overkill, just saying
My focus is foremost on the market.My decisions of a trade is not based on any single indicator.
If you are watching 15+indicators then you are not watching PA,Order flow etc.
Like I said earlier some will graduate from this stage and some will pay in real money and find out for themselves.
last post here
In trading, you have to be defensive and aggressive at the same time
  • #1,805
  • May 24, 2014 9:50am May 24, 2014 9:50am
Hey Eitan

I will now post the first chart in this thread. Hope you dont mind a few questions.
When i look at the EURNZD there is a great possibility that we can get a sell signal soon?
Would you mind taking a look at the chart and see if Im understanding the MRI method correctly?

Is the MRI method good enough alone or should I use the HG and Lotus at the same time for better accuracy?
My approach is to use this strategy along with "common" price action, looking at support/resistance areas and so on...

Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd 20140524.jpg Size: 294 KB
  • #1,806
  • May 24, 2014 9:53am May 24, 2014 9:53am
Quoting pannet1
{quote} Even better off with Ask/Bid prices - Someone
Yeah just read the ticker, exactly like they used to do in the old days PA only.

See you removed your trade explorer from your signature btw.
  • #1,807
  • May 24, 2014 10:00am May 24, 2014 10:00am
Quoting Davit
{quote} My focus is foremost on the market.My decisions of a trade is not based on any single indicator. If you are watching 15+indicators then you are not watching PA,Order flow etc. Like I said earlier some will graduate from this stage and some will pay in real money and find out for themselves. last post here
I understood that from your earlier post, but that really doesn't answer my question if a moving average (lagging) or a trendline (lagging as you can only place after PA took place) wouldnt also be considered indicators.
  • #1,808
  • May 24, 2014 10:05am May 24, 2014 10:05am
Quoting spufuz
Hey Eitan I will now post the first chart in this thread. Hope you dont mind a few questions. When i look at the EURNZD there is a great possibility that we can get a sell signal soon? Would you mind taking a look at the chart and see if Im understanding the MRI method correctly? Is the MRI method good enough alone or should I use the HG and Lotus at the same time for better accuracy? My approach is to use this strategy along with "common" price action, looking at support/resistance areas and so on... {image}
just came back to see all things here...well i desided to remove my explorer dont need this mass around it anymore..later i will bring my own..answers for all this mess..as for your Q i will be here 4 hrs from now and will check it out.
when GOD brings you a challenge he also gives you the power to deal with it
  • #1,809
  • May 24, 2014 10:06am May 24, 2014 10:06am
Quoting spufuz
{quote} I have not for a second in this thread, or other thread, ever tried to prove anything!? I simply asked Eitan a question, not because I don't think the indicator is not working, but simply because I want to know what it does? And I got some strange answer from some one else before Eitan had a chance to answer. Please note that, I really like Eitans methods and follows this thread every day. Don't treat me as if I was against anything here.
Oh no. You misunderstood me. I wrote this because i find the comment to you offensive. I just quoted your post. I am on your side.
  • #1,810
  • May 24, 2014 10:33am May 24, 2014 10:33am
Quoting acey2424
{quote} Oh no. You misunderstood me. I wrote this because i find the comment to you offensive. I just quoted your post. I am on your side.
Ok sorry for that. Misunderstood your post! ;-)
  • #1,811
  • May 24, 2014 10:34am May 24, 2014 10:34am
Quoting eitan1010
{quote} just came back to see all things here...well i desided to remove my explorer dont need this mass around it anymore..later i will bring my own..answers for all this mess..as for your Q i will be here 4 hrs from now and will check it out.
It's very sad when the things go on well, this kind of people doesn't appear, they doesn't clap. When there could be a failure in the system, they appear like crows smelling the blood. Your system may have failures, as nothing is 100% perfect.
Go on Eitan with you project, if you let it, you will be giving the reason to the crows.
  • #1,812
  • May 24, 2014 2:25pm May 24, 2014 2:25pm
Quoting Magix
So, Eitan... We talked about this in the cable thread...and your plan B was "patience"... Given how my previous forecast is starting to turn into reality...you have an entire weekend to think about a New Plan B...because your account cannot actually afford your level of patience. Sorry buddy...I tried to warn you... {image} {image}
thanks buddy, Appreciate your concern ,God bless you.
when GOD brings you a challenge he also gives you the power to deal with it
  • #1,813
  • May 24, 2014 2:26pm May 24, 2014 2:26pm
Quoting spufuz
{quote} Thanks a lot for the update and a great explanation. But im curios, what information does the red orb give us? I know that we don't buy/sell when it appears, but what data does it look at?
red orb tell you from where the paint ZZ start his jurney and its usually an signal for reversal.
when GOD brings you a challenge he also gives you the power to deal with it
  • #1,814
  • Edited 3:01pm May 24, 2014 2:44pm | Edited 3:01pm
Quoting Davit
I may be wrong but having 15+indicators to trade is overkill. Typical loser chart.May not be the case now but nevertheless system forum is full of methods like this. Lets look at simple PA dropping breaking trend line and by all visual signs obviously going lower. Do you really need 15 red boxes arrows and lines to tell you trend is going down?Really? Which part of this is not obvious This is the bottom truth guys.Learn to trade not add more indicators. You will realize the truth of this after spending good 5k hours looking at Price.It actually...
Hello Friend, I appreciate the concern appreciates and respects you, this is my own trading style and my own thread BTW before speech

on others tell me the pic below that your chart..i saw there allmost 100 pips in negative DD..and it took 2 days your TP hit..did someone

popup to your thread and start to speech against? referance see your pic below(this is your chart and obvious you took there your first short pos

at 20.5 at rate of 1.6830..after that price go against you approx 100 pips in negative and you added more and more!(thats approx 100 negative pip DD!)

remember that..(4 days ago) ?lucky you its drop down (i belive its false move..but who know..)so your ego came up to speech for others..see your chart below

dear folowers the chart below belong to M.r Davit that come here to bring some speech about how need to trade..enjoy..

Davit chart..:
Attached Image (click to enlarge)
Click to Enlarge Name: davit.png Size: 32 KB
when GOD brings you a challenge he also gives you the power to deal with it
  • #1,815
  • May 24, 2014 2:50pm May 24, 2014 2:50pm
Quoting Davit
{quote} My focus is foremost on the market.My decisions of a trade is not based on any single indicator. If you are watching 15+indicators then you are not watching PA,Order flow etc. Like I said earlier some will graduate from this stage and some will pay in real money and find out for themselves. last post here
hmmm your charts below tell me the contrar from your statment..

Davit charts..:
Attached Image
Attached Image (click to enlarge)
Click to Enlarge Name: davi1.png Size: 46 KB
when GOD brings you a challenge he also gives you the power to deal with it
  • #1,816
  • May 24, 2014 2:55pm May 24, 2014 2:55pm
[quote=acey2424;7489798]I love love love love mri better than the stupid system that i purchased.

lot of scamers out side i wish they all will fall by the FBI ASAP!.
when GOD brings you a challenge he also gives you the power to deal with it
  • #1,817
  • May 24, 2014 2:57pm May 24, 2014 2:57pm
Quoting spufuz
{quote} Hey, you should not jump to conclusions about how I trade. Of course I can spot levels of S/R since im mostly a pure price action trader. All though I think indicators can be a supporting element to your trading when it comes to finding setups and eliminating false signals. If you read this thread carefully you can se that Eitan does NOT just rely in his indicators, but he is also looking at price action. I asked a question to Eitan, and you didn't even had to answer it. Im not really interested in your opinion in this thread. Thank you....
yes buddy..i gave him some answers as well..
when GOD brings you a challenge he also gives you the power to deal with it
  • #1,818
  • May 24, 2014 3:00pm May 24, 2014 3:00pm
Quoting jeffmichaels
{quote} Yeah just read the ticker, exactly like they used to do in the old days PA only. See you removed your trade explorer from your signature btw.
my old father had traded like that. (for real i dont jokeing)
when GOD brings you a challenge he also gives you the power to deal with it
  • #1,819
  • May 24, 2014 3:03pm May 24, 2014 3:03pm
Quoting acey2424
To all readers out there, Do you think it is respectful if I go to like for example trading made simple thread and out of nowhere, no introductions, I started giving comments like, "really, do you think this system work." Or "you have a bunch of crappy indicators". Do you think guys, i'll earn some respect. Just a quick question.
probably if you will do it they will suspend you,DONT TRY..
when GOD brings you a challenge he also gives you the power to deal with it
  • #1,820
  • May 24, 2014 3:09pm May 24, 2014 3:09pm
Quoting acey2424
{quote} Don't stress yourself in an argument. I just don't understand the nature of men. You all make your lives complicated by showing who is the best. Men are very competitive and will always, always try to prove that they are right. Chill out guys and relax and let us all be respectful of somebody elses's work. Eitan's strategy is proven to be working for him, he has his own style and so does anybody else. The strategy that he have is proven to be working for him and he shared this out of good intentions. It might not be the best, it might have...
Unfortunately it is human nature..nothing to do for solve this problem..(there are very few people on earth that think on others before they think themselves)
when GOD brings you a challenge he also gives you the power to deal with it
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