Forex Trading Machine

[ZEPPO]

Did you get my message?

PM me your address and you can have mine for free. It's lacking its front cover and a thorough proof reading but otherwise intact.

Hi frugi,
The book was excellent; by the life of me I can't understand why you let go of a jewel like that; it is the best book on the price/volume relationship I have ever read!
By the way, did you get my message?
Thanks for the book again.
Eduardo.

 

[fxwinner22]

The cash cow system LOSES money - meticulousy hand tested over the last two years.

It's a croc.

 

[jmreeve]

The cash cow system LOSES money - meticulousy hand tested over the last two years.

It's a croc.

Not for the system vendor.

 

[fxwinner22]

sorry, this may be incorrect - timeframe mistakes on my charting - I will update soon

 

[ZEPPO]

The cash cow system LOSES money - meticulousy hand tested over the last two years.

It's a croc.

What system did you use to backtest?

Eduardo

 

[998758]

sorry, this may be incorrect - timeframe mistakes on my charting - I will update soon

So fxwinner, is it a croc or does it rock...

 

[worldfx]

What's the latest info on Avi Frister's forex trading system?

Does his system WORK or not?

I've read 7 pages here and haven't seen one post where
somebody who has bought Frister's ebook has actually
made any money?

Has anybody been using his technique for at least 3 months
and can report on any sort of positive track record?

Your feedback on the above will be greatly appreciated.

Thank you.

WorldFX

 

[Dekoob]

Works well for Avi !

What's the latest info on Avi Frister's forex trading system?

Does his system WORK or not?

I've read 7 pages here and haven't seen one post where
somebody who has bought Frister's ebook has actually
made any money?

Has anybody been using his technique for at least 3 months
and can report on any sort of positive track record?

Your feedback on the above will be greatly appreciated.

Thank you.

WorldFX

I would say that Avi makes a small fortune duping desperate individuals who are looking for a "Silver Bullet" to help stem losses.

As to the profitability of the method, I doubt you are going to get an honest appraisal.

Good luck & take care.

Dekoob.

 

[worldfx]

Question about Mr. Frister's Forex Trading Machine

Hello Dekoob,

Thank you for your reply.

There have been about 67 posts in this thread on the subject of Mr. Frister's
(apparently) well-marketed ebook, (i.e. seem to be all over the search engines.)
mostly submitted by active forex traders (or so it seems.)

It is somewhat intriguing that not one of these individuals has raved about
incredible profits from this system or, even 300 profitable pips in a single
month after losing trades were subtracted. Seems 300+ pips is certainly
reasonable in an entire month (I ususally do that in a week) yet nobody in
this forum at least, seems to have made any money with this system.

I would like to hear from ANYBODY who participates in this forum who
has used Mr. Frister's system and actually made profits.

Thank you for reading this.

Best Regards,

WorldFX

I would say that Avi makes a small fortune duping desperate individuals who are looking for a "Silver Bullet" to help stem losses.

As to the profitability of the method, I doubt you are going to get an honest appraisal.

Good luck & take care.

Dekoob.

 

[ZEPPO]

Hello Dekoob,

Thank you for your reply.

There have been about 67 posts in this thread on the subject of Mr. Frister's
(apparently) well-marketed ebook, (i.e. seem to be all over the search engines.)
mostly submitted by active forex traders (or so it seems.)

It is somewhat intriguing that not one of these individuals has raved about
incredible profits from this system or, even 300 profitable pips in a single
month after losing trades were subtracted. Seems 300+ pips is certainly
reasonable in an entire month (I ususally do that in a week) yet nobody in
this forum at least, seems to have made any money with this system.

I would like to hear from ANYBODY who participates in this forum who
has used Mr. Frister's system and actually made profits.

Thank you for reading this.

Best Regards,

WorldFX

A MT4 user contacted me and did some bactkesting; apparently, the Cash Cow strategy is a 50/50 probability, when backtested over the past 2 years; personally, I think the strategy has potential, but needs an element of subjectivity (Support/Resistance, Fibonacci) which are dificult to backtest; also, forget about strict win/loss ratio and profit/loss targets; experiment with, say, 80 pips targets, entry after 110 daily ranges instead of 140, etc...
One thing is sure - I am of Avi opinion that indicators are next to useless in Forex trading.
Another thing is sure - it is not easy to make money in the markets; my last trade was a loss - then again, a 180+ pips day range, followed by a complete retracement - nobody could have foreseen this! I didn't.
Did any of you?

Eduardo

 

[worldfx]

Seems Avi Frister's ebook is a waste of time AND a waste of money.

Also, cannot get Lemy to provide PROOF of his performance in his
incredible "Managed Accounts" programme. He emailed .pdf file,
(which any 12 year old can write) and a screenshot, which can be
fake.

I've asked for PROOF, i.e. Actual Account Statements from his broker.

The PROOF is in the REAL accounts.

Let's see the PROOF, Mr. Lemy.

Til I see proof, I don't invest 1 centime, WITH or WITHOUT a P.O.A.

Regards,

WorldFX

 

[ZEPPO]

Take it easy

Seems Avi Frister's ebook is a waste of time AND a waste of money.

Also, cannot get Lemy to provide PROOF of his performance in his
incredible "Managed Accounts" programme. He emailed .pdf file,
(which any 12 year old can write) and a screenshot, which can be
fake.

I've asked for PROOF, i.e. Actual Account Statements from his broker.

The PROOF is in the REAL accounts.

Let's see the PROOF, Mr. Lemy.

Til I see proof, I don't invest 1 centime, WITH or WITHOUT a P.O.A.

Regards,

WorldFX

WorldFX, who on earth is asking you to invest something on anything ? I agree with you, proof is needed; unfortunately I cannot provide it, but hey, Avi's techniques are just that - forex techniques, not a religion! Cool down.
I am the first one who bought the thing, and still believe that it can make it work - maybe not the way Arvi intended, but I can be creative.
There is some nice fresh air in Switzerland; take a break, go for a walk (not too far!), kick a cow or two if that makes you feel better, then come back and look at it again - I don't trust indicators with Forex, put my profit targets close to Fibonacci if possible, my stop losses well away from them, and experiment; I suggest that you do the same, ther are always some nice surprises to be found.

Eduardo.

 

[ZEPPO]

Try this

Hello everyone,

I wonder if somebody could back test the following for me, using intraday data –this is because I only use End-of-Day’s. Here it comes:

Profit Target: 80 pips.
Stop Loss: 300 pips.

Entry:
Yesterday’s range for the day (High-Low) >109 pips.

Long:
When Price = Yesterday’s Low - 30 pips.

Short:
When Price = Yesterday’s High + 30 pips.


Some of you would have recognised Avi strategy in reverse!
But with some changes – 300 pips might seem a lot, compared to a profit of 80 pips, but do try it, to see what comes up.
Metastock EOD tells me that it is profitable – I want to make sure it is with intraday data, to which I haven’t got access.

Eduardo.

 

[worldfx]

LEMY's false profit claims. Poor example from Gain Capital

Hello Eduardo,

Nobody is asking me to invest. Why do you ask?

On a separate issue (in respect of LEMY constantly boasting in this forum about his profits,) I was just asking him to provide PROOF of his claims
about his huge profits. He certainly loves to brag about this in his messages.

Today, I received an email from his broker, Gain Capital Group
[ http://www.gaincapital.com ] also http://www.forex.com with screen shots
of the man's personal account. Supposedly, this is "proof."

Unfortunately, this "proof" is not consistent with his outlandish claims in this
forum.

The Gain Capital screen shots show an account with a balance fluctuating
between $10,000 and $15,000 from October 2006 to February 2007. Balance
going up and down all the time, but not consistent with the claims he's
been making in this forum.

I'm not wasting any more of my valuable time on this. This is complete
nonsense.

I can email you the email from Gain Capital Group if you'd like to see it, sir.

Have a nice day, sir.

Kind regards,

WorldFX

P.S. No need to tell me how to behave, sir. I am NOT hot, so no need to
"Cool down" or take walks or kick cows. The 'personal' comments
are unnecessary, sir. This is a forum on forex trading. It would be
nice to stick to that subject.

WorldFX, who on earth is asking you to invest something on anything ? I agree with you, proof is needed; unfortunately I cannot provide it, but hey, Avi's techniques are just that - forex techniques, not a religion! Cool down.
I am the first one who bought the thing, and still believe that it can make it work - maybe not the way Arvi intended, but I can be creative.
There is some nice fresh air in Switzerland; take a break, go for a walk (not too far!), kick a cow or two if that makes you feel better, then come back and look at it again - I don't trust indicators with Forex, put my profit targets close to Fibonacci if possible, my stop losses well away from them, and experiment; I suggest that you do the same, ther are always some nice surprises to be found.

Eduardo.

 

[ZEPPO]

Smile

Hello Eduardo,

Nobody is asking me to invest. Why do you ask?

On a separate issue (in respect of LEMY constantly boasting in this forum about his profits,) I was just asking him to provide PROOF of his claims
about his huge profits. He certainly loves to brag about this in his messages.

Today, I received an email from his broker, Gain Capital Group
[ http://www.gaincapital.com ] also http://www.forex.com with screen shots
of the man's personal account. Supposedly, this is "proof."

Unfortunately, this "proof" is not consistent with his outlandish claims in this
forum.

The Gain Capital screen shots show an account with a balance fluctuating
between $10,000 and $15,000 from October 2006 to February 2007. Balance
going up and down all the time, but not consistent with the claims he's
been making in this forum.

I'm not wasting any more of my valuable time on this. This is complete
nonsense.

I can email you the email from Gain Capital Group if you'd like to see it, sir.

Have a nice day, sir.

Kind regards,

WorldFX

P.S. No need to tell me how to behave, sir. I am NOT hot, so no need to
"Cool down" or take walks or kick cows. The 'personal' comments
are unnecessary, sir. This is a forum on forex trading. It would be
nice to stick to that subject.[/QU
Mmmmhh...I grew up in Switzerland and, at the time, people had sense of humour...That much have things changed since then?
On another note, I cannot confirm that The Cash Cow is profitable, certainly not for the past two years, but then again I haven't got access to intraday data; somebody kindly backtested it for me using MT4 on intraday data, and the same conclusion was achieved.
However, it was profitable before that...Or so says my copy of Metastock EOD; also, my analysis of the GBP/USD using discrete frequency distribution reveal that it is possible to make money out of this market by using similar techniques to Avi.
On a personal note, WorldFX, I have contributed to this forum more than you have; my apologies if you feel offended, but really, you should try really hard to touch you ears with the corners of your mouth; some Marx brothers movies may help on this endeavour - think about it!

Eduardo

 

[worldfx]

Hello Eduardo,

Thank you for your reply, sir.

I really do have a sense of humour. I
just don't normally bring it out while I'm
trading a forex account or, having some
dialogue about forex in a forum. Some
people are more 'serious' than others,
I suppose. I am who I am.

But . . . I'll just continue trading using
our own professional traders who do
exceptionally well for us . . . (average
+750 pips per month after losers are
subtracted) so we're pleased with
their performance.

I only questioned Frisker's ebook
because some "internet marketer"
sent an email to me trying to sell it to
me, but I do not believe I will try this
"Cash Cow" method.

The email is all hype & no substance
and no proof the method works.
Classic sales letter. Buyer Beware.

Have a nice day, sir.

WorldFX

P.S. Perhaps we should all be writing ebooks
and selling them via the internet. Maybe
we'd earn more doing that, than trading
forex.

 

[ZEPPO]

You've got a point

"Perhaps we should all be writing ebooks and selling them via the internet. Maybe we'd earn more doing that, than trading forex." - You've got a point there; shame that I've got somehing called a conscience...Doesn't let me do things like that...Oh! Well, as I gues I too, am as I am.

Eduardo.

 

[sssk]

so guys anyone could confirm how avi's strategies OR forex trend manager is performing?

 

[worldfx]

Reply to your Question

Hello sssk,

Thank you for your question.

I've been asking that same question in this forum since I joined a few weeks ago. Result: Nobody has commented so far on whether or not Mr. Frister's system is working well. (Maybe the reason is that maybe it isn't working well! Who knows?)

I think people are not suppose to 'Advertise' actual forex programmes in this forum, I'm not sure, so I won't do it, except to say that we have access to an excellent professionally managed forex trading programme, which has a fantastic track record. Are we allowed to put an email address in here? I'm not sure. I've seen others do it. If so, send me an email where I can contact you and I'd be pleased to share the information with you.

Til then, best of luck in your search.

Regards,
WorldFX

 

[sssk]

hello worldfx,

thanks for your reply, and yes i would like to know more about your forex trading programme. anyway i've also seen many many others put thieir email addresses here. i guess its ok. please contact me at [email protected].....

thanks again and looking forward to your reply.

sssk