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Old 03-20-2007, 01:47 PM
et_phonehome_2 et_phonehome_2 is offline
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Ok All, I feel that I should point out some items of interest since I think some of you are being misled by what you read about this system or how to use it. What I am writing is based upon what I have read in their forum, and others comments.... => They do not use this system to trade nor will they divulge the system they do use. => The system should be used with discretion. Many have complained of the system being not so good trading as is. They stress you must know the fundamentals and the pair, and not just trade off of technicals. => The system was designed based on backtesting simulation. The system can be used for entry, but its primarily used to determine when to exit to capture as many PIPs as possible instead of waiting for MA crosses. => The system can be used on any pair, its just that they have tested it on the mentioned pair as outlined in their document. Others have used it on other pairs. => If you trade based upon the 200EMA only, you will not get as many trades. The crossing of the 200EMA does not happen often so you will have to go back to enter trades based upon whatever technique you currently use to trade daily. => Vanessa did not make her money trading just one lot, she just gave a simplistic example in how one can achieve one's goal. => Why is the Advanced System free? The initial system was only being sold for less than $100 USD to a limited number of people, but it was found out that someone took the system and was selling it for around $300 USD. In order to discourage such infringement practices, it was decided to give it for free, and refund those who wanted their initial cash outlay back.

Last edited by et_phonehome_2 : 03-20-2007 at 01:52 PM.
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