Monika Korzec's MMTS trading system
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A don't buy!!!
Trendline rules, you can do this or that or even that, you can stop here or there.
That is not a complete system where you are left on your own to guess. It can be a looser at all times.
Drawing the trendlines are condradicting. First draw to the start of bar, then later she says at the close of the bar at x. Also at the first bar it is a bull bar so go long but then it is under the trend and is a bull bar then go short. That turns good to bad or visa versa.
Like I said contradicting.
Then with the open Londen system, I just back testet a couple I had to put up with always having a draw down of about 45 to 48 pips before it went to the right direction to get a plus of 30. If the direction had of been right in the first place I wouldn't need to go though so much pain. You have to check out suport and resistance Trading ranges lines before entering other wise your probalbly going to be cooked.
Trendline rules, you can do this or that or even that, you can stop here or there.
That is not a complete system where you are left on your own to guess. It can be a looser at all times.
Drawing the trendlines are condradicting. First draw to the start of bar, then later she says at the close of the bar at x. Also at the first bar it is a bull bar so go long but then it is under the trend and is a bull bar then go short. That turns good to bad or visa versa.
Like I said contradicting.
Then with the open Londen system, I just back testet a couple I had to put up with always having a draw down of about 45 to 48 pips before it went to the right direction to get a plus of 30. If the direction had of been right in the first place I wouldn't need to go though so much pain. You have to check out suport and resistance Trading ranges lines before entering other wise your probalbly going to be cooked.
Results
Results for the London opening this month. It must be a really bad month as in Monika's results have never been so bad.
2007
31.7 -50 Short
30.7 0
27.7 30 Short
26.7 -50 Long
25.7 30 Short
24.7 -50 Long
23.7 0
20.7 0
19.7 0
18.7 0
17.7 0
16.7 0
13.7 0
12.7 30
11.7 30
Wins 4 = 120 pips Losses 3 = -150 pips No trades 9
Results for the London opening this month. It must be a really bad month as in Monika's results have never been so bad.
2007
31.7 -50 Short
30.7 0
27.7 30 Short
26.7 -50 Long
25.7 30 Short
24.7 -50 Long
23.7 0
20.7 0
19.7 0
18.7 0
17.7 0
16.7 0
13.7 0
12.7 30
11.7 30
Wins 4 = 120 pips Losses 3 = -150 pips No trades 9
Last edited:
johnblake
Junior member
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Seems to me a fake copy of ZTL
A friend of mine purchased it a few months ago and sent me a copy.
This seems to me a fake copy of ZTL, but ZTL is far superior to her system.
Because ZTL has added filters to filter False Signals. Her system does not have it.
I tried to trade her system five times and I lost 4 times.
Whereas with ZTL I lose on an average twice a month and the entire month is Productive.
My friend was not happy with it, he asked for a refund. She blatently refused to refund.
My advice is to keep away from it and instead go for ZTL.
I cannot give you their web address. You can search for ZTL on Google.
John
A friend of mine purchased it a few months ago and sent me a copy.
This seems to me a fake copy of ZTL, but ZTL is far superior to her system.
Because ZTL has added filters to filter False Signals. Her system does not have it.
I tried to trade her system five times and I lost 4 times.
Whereas with ZTL I lose on an average twice a month and the entire month is Productive.
My friend was not happy with it, he asked for a refund. She blatently refused to refund.
My advice is to keep away from it and instead go for ZTL.
I cannot give you their web address. You can search for ZTL on Google.
John
FX TEAM
Newbie
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neil
Legendary member
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Fools and their money....etc.....
Bunch of crooks selling to the stupid and greedy.
She is from Poland? I heard about she... But I can't remember what I heard
Bunch of crooks selling to the stupid and greedy.
Stop loss
Why is the stop loss so big? What happens when you put it tighter? Concerning John Sweeney trades that work turn in the right direction almost immediately. Question to those who have tested the system: Are there winners that have been going far in the direction of the stop before?
Btw.: Does anybody sell a copy of the system?
Andy
Why is the stop loss so big? What happens when you put it tighter? Concerning John Sweeney trades that work turn in the right direction almost immediately. Question to those who have tested the system: Are there winners that have been going far in the direction of the stop before?
Btw.: Does anybody sell a copy of the system?
Andy
Found the book, bought the book, wish i hadn't. Thank God i only tested it in Demo. The MK trendlines are literally a shot in the dark, even a broken clock is right twice a day but unfortunatley this system is wrong more than its right. I backtested it on every currency pair over a 4 day period (which was all my 15min charts would allow). It was incorrect on average 5 out of 11 times. This would be acceptable if the stops were not twice the take profit.
My own personal system was wrong twice out of 11 times with the same limits. Sorry Monika, i really wanted you to have something useful.
My own personal system was wrong twice out of 11 times with the same limits. Sorry Monika, i really wanted you to have something useful.
Hello,
Your gona have to try harder, I didn't understand that language but manage to register and download the file. As I said, use common sense to register, the registration process is exactly the same as other forums.
Regards
Just log in, right click on the link and save the file. (If you bought the book, you may not find any new information there)
Regards
