A couple days ago I presented a potential fib inversion trade that we never made entry on. Here is an example on a lower time frame. We took this trade yesterday in the Syndicate. This is not a trade "idea" so to speak but rather an illustration of that the trade should look like.
Its easy to go back in the charts and choose a nice setup that fits your strategy and do a screenshot on that then say your strat works...
Bugdung
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It is indeed, it's also easy to be negative and dismissive of a new idea, so go back and test this strategy yourself before making a uneducated opinion on it, see if it works or not and then decide for properly if this strategy is made to fit.
I've followed hundreds of hours of this guys FREE training, i've used his strategies myself to a large degree of success and never one had one reason to believe he has an ulterior motive behind helping others become better traders.
Jason_Stapleton
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You missed entirely the reason for this post. I even noted in the description that this was not a trade idea but rather an example of what a completed trade would look like. I did this because I recently posted a trade that we were not able to make entry on and I thought this would help clarify through the use of a "perfect example"
And let me make very clear that there is no way to validate a strategy other than to test it yourself. I'm not posting ideas here to try and prove to you what a good trader I am. I'm doing it to try and help you. If you don't want my help don't follow what I do. But don't be condescending and dismissive of what I'm trying to do just because you're jaded.
Vostiothenjo
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Ok sir
VijaySanghishetty
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Hey Jason..,
I absolutely agree with the term "news-luck"..,
I have no intention to pass a negative emotion on your strategy., neither can i question a strategy without full knowledge and hands on experience on it.
However picking up an ideal price movement from past and advertising a strategy does not speak high of a trader or a strategy.
Please don't drain away the reputation and brand built up for TradeEmpowered with these marketing stunts.,
By the way I watched your training videos on youtube., I liked them., I believe you are a good trainer.
Cheers,
TlhogonolofatsoLawrenceSebat
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Great staff, i took it as well on my practice account as i am still practicing.
TheBlanco951
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try backtesting forward testing to increase your learning curve a lot quicker =)
DKrastev
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Jason, could please tell us if the Fib inversion trade uses only 1.618 or are also 1.27 and 1.414 possible as turning points?