Hi sr3d,
I see TAP E.P had trade of the day on Friday 29/4 on EUR/USD getting 70 pip move
how did you do with this signal? did you hang in for the full move.
As I see it the real advantage of this system is it gets you in to a trade at the right time without having
to sit at the screen all day. What you then do with the trade is up to your own experience of reading the
charts and applying technical analysis.
Cheers.
I see TAP E.P had trade of the day on Friday 29/4 on EUR/USD getting 70 pip move
how did you do with this signal? did you hang in for the full move.
As I see it the real advantage of this system is it gets you in to a trade at the right time without having
to sit at the screen all day. What you then do with the trade is up to your own experience of reading the
charts and applying technical analysis.
Cheers.
Last friday I didn't trade because I was busy in the morning. TAPSEP sent me the SMS while I was inside a building: got it 3 hrs later. TAPSEP just gave me another signal to short EUR at 1.2818 at about 7am London time, and now it's at 1.2870 at 11:22am London time. Had I taken the trade I would have been stopped out at 1.2848.
Personally, I think TAPSEP is more like a confirmation and alert tool. It is good at alerting trending movement and spikes. Like the last TAPSEP's "Trade of the Day" page of April, the 133pips move was detected correctly. But recently, the market has been going sideway alot, and TAPSEP gave out really UNRELIABLE signals. I find myself being more hesitated before taking a TAPSEP signal now than I was.
To Howi, if you'd like to try out the signals from TAPSEP, my Yahoo and AIM screenname are both nworld3d. Add me to your friendlist and I will IM you the signals from TAPSEP when it arrives. (hopefully TAPSEP doesn't mind)
cheers
Personally, I think TAPSEP is more like a confirmation and alert tool. It is good at alerting trending movement and spikes. Like the last TAPSEP's "Trade of the Day" page of April, the 133pips move was detected correctly. But recently, the market has been going sideway alot, and TAPSEP gave out really UNRELIABLE signals. I find myself being more hesitated before taking a TAPSEP signal now than I was.
To Howi, if you'd like to try out the signals from TAPSEP, my Yahoo and AIM screenname are both nworld3d. Add me to your friendlist and I will IM you the signals from TAPSEP when it arrives. (hopefully TAPSEP doesn't mind)
cheers
Facts are there is a clear definition for both results. Also, the user guide and the faq page of theirs explains their exit #1 and then even after being on trial and seeing the system live I don’t see how there could be any doubt.
I’m not sure if I agree that sr3d did not understand strategy 1. In post #11 he clearly explains how strategy #1 works and in the same post he also honestly says “They mention something about exitting strategy and enter strategy in their manual, which I have not got a chance to thoroughly read yet”. If he did not know about the bottom result it is because he did not read as he admits and not because it was misleading. Besides that point it seems like he does understand strategy #1 by the explanation in post #11.
Like I said Dave, nothing is misleading all people have to do is read. Hey, this is my two cents too. Keep up the good job with your site but make sure your reviews are based primarily on fact and not personal opinion or bias.
I’m not sure if I agree that sr3d did not understand strategy 1. In post #11 he clearly explains how strategy #1 works and in the same post he also honestly says “They mention something about exitting strategy and enter strategy in their manual, which I have not got a chance to thoroughly read yet”. If he did not know about the bottom result it is because he did not read as he admits and not because it was misleading. Besides that point it seems like he does understand strategy #1 by the explanation in post #11.
Like I said Dave, nothing is misleading all people have to do is read. Hey, this is my two cents too. Keep up the good job with your site but make sure your reviews are based primarily on fact and not personal opinion or bias.
Sr3d, I just checked my charts and I did not see a tick near 1.2818. That actually looks like a good place to have had a sell entry if the market went there but are you sure that they did not remove the order and the trade did not happen? I just don’t see how they could have got in at that price. I’ve never been a big poster on these forums but I’m having fun. Its interesting and informative to see so many opinions.
Hi mike, here are my replies.
I brought up this matter surely not base only on my opinion, but because there is been a complaint also from others.
I'm agree with you, that all people have to do is read. But if the page is not misleading, then please let me know how sr3d can come up with this statement :
As you and I know, the system result is not 380 pips (it is a trader exit strategy) but 59 pips (system result base on Exit Strategy #1)
And this statement too :
Where sr3d only know there is only one result, the upper result aka the best scenario result aka the trader exit strategy, and not the system real performance.
I didn't say sr3d doesn't understand about Exit Strategy #1, all I'm saying is sr3d only knows there is only one result page.
Maybe I'm too stupid too understand the bottom result. I'm still don't know how to add the number so I can get total result for April 59 pips. Even after talk to thei customer service, they don't have any exact calculation to come up to 59 pips. Maybe you could help me mike ?
Please understand, I didn't say TAPS.EP is cheating, I didn't say TAPS.EP is not profitable, I didn't say TAPS.EP is hard to follow, all I'm saying is TAPS.EP should stress the system real performance rather than displaying a best scenario result.
sr3d, I'm sorry that I quoted a lot of your posting. If there is a mistake on the above statement, please accept my apologize.
mike4404 said:
I brought up this matter surely not base only on my opinion, but because there is been a complaint also from others.
mike4404 said:
I'm agree with you, that all people have to do is read. But if the page is not misleading, then please let me know how sr3d can come up with this statement :
sr3d said:
As you and I know, the system result is not 380 pips (it is a trader exit strategy) but 59 pips (system result base on Exit Strategy #1)
And this statement too :
sr3d said:
Where sr3d only know there is only one result, the upper result aka the best scenario result aka the trader exit strategy, and not the system real performance.
I didn't say sr3d doesn't understand about Exit Strategy #1, all I'm saying is sr3d only knows there is only one result page.
mike4404 said:
Maybe I'm too stupid too understand the bottom result. I'm still don't know how to add the number so I can get total result for April 59 pips. Even after talk to thei customer service, they don't have any exact calculation to come up to 59 pips. Maybe you could help me mike ?
Please understand, I didn't say TAPS.EP is cheating, I didn't say TAPS.EP is not profitable, I didn't say TAPS.EP is hard to follow, all I'm saying is TAPS.EP should stress the system real performance rather than displaying a best scenario result.
sr3d, I'm sorry that I quoted a lot of your posting. If there is a mistake on the above statement, please accept my apologize.
Absolutely. Totally agree with you, Firedave.firedave said:
But it seems that Phil knows something that the rest of don't, here, so I'm hoping he's going to elucidate a bit ... am naturally very curious, as I'm sure we all are, to know how long he's monitored the service for to be so certain of what he says ...
Like I said Dave all sr3d and others have to do is read what is on the site. I don’t see one set of results being stressed more than the other. Like sr3d said he did not have a chance to thoroughly read through everything. I did and so did you which is why we understand the difference between the two results. A lot of the forex sites out there are so hard to read and understand that I actually found taps to be one of the more simple ones and they are actually contactable.
I guess we just have two different opinions here which is fine I enjoy reading other perspectives but lets just agree to disagree. Until I get a free trial or I get paid for this I am done on this topic.
I guess we just have two different opinions here which is fine I enjoy reading other perspectives but lets just agree to disagree. Until I get a free trial or I get paid for this I am done on this topic.
mike4404 said:I guess we just have two different opinions here which is fine I enjoy reading other perspectives but lets just agree to disagree. Until I get a free trial or I get paid for this I am done on this topic.
Hi mike, I'm agree with you, let just agree to disagree and move along. I'm enjoying our discussion, but we both have other better things to do and read. Surely we should keep in touch. All the best for you mike
rav700
Senior member
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Taps E.p
what you see is not what you get......They show profits on their sites yes they are true till some extent be aware of the 2nd set of results not even close to 300 pips a month.More like -50 pips a month......
All they are intrested in is selling their system for an really expensive rate.
It cost 959 for setting up.....what setting up?????only they know
Also their after 258 a month....
If they are so confident you dont charge that much..Personally I would not buy their signalss....Hope this helps you guys out there...no way is it a holy grail
Look at the exit one stratergy in their past performance on the bottom half of their page
what you see is not what you get......They show profits on their sites yes they are true till some extent be aware of the 2nd set of results not even close to 300 pips a month.More like -50 pips a month......All they are intrested in is selling their system for an really expensive rate.
It cost 959 for setting up.....what setting up?????only they know
Also their after 258 a month....
If they are so confident you dont charge that much..Personally I would not buy their signalss....Hope this helps you guys out there...no way is it a holy grail
Look at the exit one stratergy in their past performance on the bottom half of their page
philhackett
Active member
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If you follow Taps signals you will be wiped out very quickly.
Use a simple cross over system using EMA's at 8 and 34 for long trades. Use DiNapolis method of trading which you will find at eSignal University. Try using Fibonacci numbers to vary the tightness of your trades using EMA's. The numbers you should use are 3-5-13-21-34-55.
Get trained by the STA. This business is populated with naive amateurs who lose all of their money. Trading is a profession not a game.
Phil
Use a simple cross over system using EMA's at 8 and 34 for long trades. Use DiNapolis method of trading which you will find at eSignal University. Try using Fibonacci numbers to vary the tightness of your trades using EMA's. The numbers you should use are 3-5-13-21-34-55.
Get trained by the STA. This business is populated with naive amateurs who lose all of their money. Trading is a profession not a game.
Phil
howi said:
ufficgentil
Newbie
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how did it end up with this signal site?
