Looks a little bit subjective to me. There's one point in the video where the voice says "so you're long here, and out here, and that's 20 points"... well yes, assuming you clicked the button at exactly that moment, and you managed to sell it right at the top.
Like a lot of these, I think once you've got some experience trading these markets (especially YM) you'll see that the points tallied up aren't ness. what you'll get in the real world. You could probably cut the 20 in half a lot of the time - and as he recommends using 10-point stops - well, that ain't much r/r in my book.
I'm not saying that the system can't be used as described - it probably can - but i'd place good odds that it won't yield the sort of results hindsight trading does.
Let's face it, give me or anyone on the boards a historic chart of the Dow/Spoos/Nas/any stock and we'd be able to give you a near-perfect entry and exit, or certainly tailor some kind of system be it mechanical or otherwise that will give the meat of the move - in hindsight. Doing it in real-time is something else.
EDIT : Jeeeez.... certainlyt I'd be able to come up with something pretty frickin' good for $3k a time...