Recent content by wiseambitions

  1. W

    ForexMorningTrade System

    I think it was a phenomenon which worked for about 6 months, some 4 years ago Dont put real money on it until you're sure it works again.
  2. W

    Fractals Anyone?

    Ok, if fractals in mathematics has a different meaning that's all very well, however the fractals which I undersstand here are just swing highs and swing lows which become support and resistance points. As an example just look at the eurodollar around 0634 GMT this morning, on the 5 minute...
  3. W

    Fractals Anyone?

    Don't knock it til you try it. I multiplied one account far more than double, more than treble, even much more than quadruple between the end of September and the middle of December Fractals are to me just another word for support and resistance. And watching for breaches in support and...
  4. W

    Choosing an automatic system

    I have generally found automated systems a big disappointment Two main reasons for this 1) The backtests which the vendors use to justify their systems may or may not be flawed, let's assume they aren't ficticious, the problem is that the software writers identify patterns which they make...
  5. W

    Fractals Anyone?

    Yes, I started it, but one or two actually replied, and that's interesting. Yes, one of the ways of I have of understanding fractals is 5 bars. If the middle one has a wick or close which goes further up or down than the 2 to the left and the 2 to the right then that would become a fractal and...
  6. W

    Fractals Anyone?

    Let me say I didn't read up any of the full version of chaos theory as per profitunity, However in September I bought into the Aims system via AIMS Stress Free Forex Trading System - Make Money in the Forex Markets and if I remember correctly it might have cost in region of $200, maybe less...
  7. W

    Fractals Anyone?

    Have a look at AIMS Stress Free Forex Trading System - Make Money in the Forex Markets where there should be a blog by the author about how he uses fractals. His system greys out the area between top and bottom fractals, these boxes get redrawn as the fractals are replaced higher or lower...
  8. W

    Fractals Anyone?

    Wow. Fancy ressurecting such an old thread! Fractals. As I understand it they are turning points like swing highs or swing lows, which are usually marked a couple candles after the bar in which the turn around occurred. They then become seen as possible support (if a swing low) or...
  9. W

    Fractals Anyone?

    I was interested to see this was talked about 9 years ago because it's still working now... There's the Bill Williams Chaos system. Still being taught. Fractals, alligators, elliott waves, moving averages, support and resistance, all part of the theory Simplified somewhat in another system...
  10. W

    Euro Daily Trader

    Tuesday night Unfortunately the stop losses proved just a bit tight, both v5 and v6 both got stopped out in experiences where the price only went half a pip or so worse before going back round towards profit. or at least break even. It wont be long before someone writes ''not me' I got full...
  11. W

    Euro Daily Trader

    Thursday: I am disappointed for Mike and G that August had such a poor month, and that v6 did not bring the improvements hoped for. I also noticed that 5pm (UK) starts would recently have given better outcomes than at 6pm. Nothing wants to guarantee us any rewards in this cruel game...
  12. W

    Is anyone using Forex Rebellion?

    I'm surprised all discussion on this topic of Rebellion seems to have gone quiet. It is still for sale, although of course a year ago Russ Horn brought out the Master Method, which I found to be more complex. Is anyone still a fan of Rebellion? I found the discussion around page 20 by John...
  13. W

    Euro Daily Trader

    Feels now like a wheel has fallen off this system, as well as several others. It hasn't had a month so bad as this, the feeling of a TP is ancient history now. Lots of questions arise, eg is 6pm London time unique any more? Are the indicators right? Are the exits right? Was it just that...
  14. W

    Euro Daily Trader

    oh dear, I think it's more like 12 per cent down since the new version, and both v5 and v6 would have in theory produced similar in spite of various daily differences. August can be a silly month due to thin volumes, but this experience is definitely uncomfortable and I wonder whether there's...
  15. W

    Euro Daily Trader

    In theory, results since 16th July to compare versions, at 4% risk per trade v5.0 -8.4% v6.0 -4.5% Disappointing that the numbers are still negative, yet there's probably a faint bias in favour of the upgraded version, which trades more frequently but sometimes trades opposite the earlier...
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