Ive also found lots of free blog sites. Not necessarily recommending specific trades but analysis to think about such as this http://fat-pitch.blogspot.se/2016/01/weekly-market-summary_23.html#more Care to mention any others der_kommissar ?
Hey guys, I've actually taken a course from EMINITUTOR (Horst) few years ago! He actually learnt this method of trading from "Henry" who used to run various educational websites. Few of them - Third Realm Institute and New Futures Trading. Type the name in youtube, you'll get plenty videos This guy Henry was a scam artist and basically is running away from FBI. Search on google "Henry New Futures Trading FBI" Horst even mentions about this guy on his website, but says he passwed away. Well guys now you know why he would want that guy dead. Well enough of this guys background. Now coming to his system, he uses MACDbb's on various tick charts and Fibs for his entry and exit points. Whilst I was learning from him, me and one of my friend(another student of his), would ask if we could watch him trade live, but he would always say NO! Then whenever during the class we asked him to call the shots. He was dead wrong 90% of the time. I mean there was time, when I'd say with confident where the market could go! Is his course worth the price, NOPE!! He'll just ask you to memorize those patterns on MACDbb's. Are those useful! Did it help me? For years they did not. Till I worked about for 2 years on something on my own, and now these MACDbb's act as supplement. But in his case these MACDbb's are the main indicators! Look at his dome, no commissions are charged!!! Hello DEMO!! Many of his earlier videos when I took his course use to show commissions being deducted. He also hides his DOME cause his account number will read SIM101. You would never see the left most part of his dome! cause its gonna read SIM101 When I took the course, the price was $3000. I was a college junior and flushed my $3000 down the drain!!!! CONCLUSION:- It's all MACDbb's pattern. If you want them take it from me for free! Do I know someone else who'd I say you should learn from. Anyone who's not teaching is someone you should learn from!! Anyone who's running these educational seminar blaah blaah are making money by selling you the dreams, that they themselves could not achieve! I hope I was able to flush out as much anger I could on this post!
May I ask how many live coaching sessions did you have with Horst? What is in your opinion the reason why this method doesn't work? Did you ever ask yourself the question, that maybe it's you, who applied in a wrong way and that's why it didn't work for you. Without a real approval you shouldn't make such a bold general statement. The same goes for all the others here that made assumptions based on personal beliefs, without providing hard facts.
To be fair to Monica, she did specify that "he uses MACDbb's on various tick charts and Fibs for his entry and exit points". It's hardly a "bold, general statement" to observe that that's going to be based on bullshit. More like a "casual observation of the obvious", I'd say.
Stating "he uses MACDbb's on various tick charts and Fibs for his entry and exit points", is the same like, saying: ''Being a successful race car driver is based on using breaks and throttle.'' Just saying something doesn't works for me, so it doesn't works in general, couldn't be farer away from the truth. Thats what I meant by bold statement.
I agree. But Monica didn't "just" say that. She said a whole lot more, too. And that "whole lot more" included in it some reasons (which you're ignoring) that justify the exact perception you're challenging.