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The trading plan is good enough....and if you need more detailed explanation, there are educational videos in the members forum that go over the topics. The dvd goes over the topics in the same manner, but are longer class room setting details....dvd not needed now...

dont get me wrong, i think channel-trading has lots of value. i even paid for the lifetime membership. and yes, you can make serious tics from this. but there is no way i could possibly trade and draw lines like huddy can. we are all humans and if you tell 10 people to draw a particular line on a chart, you will get 10 different lines at different price levels. if he only has a set of rules or a trading plan, this would be so much powerful.....i use huddy's MP analysis along with EJ support/resistance areas......best of luck....

Honest question. If both Channel-Trading and EminiJunkie, both shut down their rooms, which method would you be able to trade on your own? I believe Channel-Trading is just entering trades based on his calls, there is no way you could trade like he does and/or draw the exact same discretionary lines like he does. How long have you tried EJ? did you go through the progression? honestly, did you per the trading plan? Can you please explain in details why you thought you got ripped off with EJ. You are the first one that I came across that felt it was a scam. How is it a scam if he teaches you fib entries based on major support/resistance on short/long time frame charts, and utilizing various market internals to assist in the trade. I strongly feel that this room encompasses all the info and years of research one would have to go through in order to trade successfully. So I am confused why you think it is a scam...this is honest question and would like to see views from the other side......

EminiJunkie & Channel-Trading Anyone trade with these live rooms? I have both and think they complement each other.

Sounds like Reza needs to have his emotions checked. Looks like "fear & greed" has gotten to Reza....Lets call him the revenge trader! Anyway, Huddy, yes, this guy is so safe...if he doesnt like the way the trade is going, he will close it out for a small profit of 1-4 tics or at worse take a stop out no worse than 5tics. He will do this until he gets that huge runner.... Yes, I joined Huddy as lifetime member, you cant beat the price. And I will also stick with EminiJunkie. I think they can work together for me. eminijunkie uses several aspects of Huddys style and enters the trade with fib techniques, which is similar to Huddy's price pattern entries....EminiJunkie trade live in the mornings only, and then I can follow Huddy for the rest of the day.....using both systems confirms the most probable trade for me..... Best of luck in Huddy's room!

PSUDAN, So what do you think? Huddy or Reza? I too have been following 3 rooms to decide the one I want to stick with. I have been with eminijunkie since last year, started channel-trading a month ago, and easyeminitrade a few weeks ago. I like easyeminitrade, but there's is something missing. Her screens are cluttered up cuz she watches/trades ES, NQ & 6E. She uses the keltner channel to trade. I think if she just concentrates on the ES, then the quality of her room would be better. I love eminijunkie, he trades the ambushes longs/shorts with fibs and other internals. No complaints with this room. I am looking into channel-trading because I was not familiar with market profile and wanted to learn. I just may keep both eminijunkie and channel-trading. They kinda compliment each other.... How was Reza?

thanks, hopefully you'll get better feel for Reza after a few more days... Looking forward to your reviews.....

Could you tell me little more about Reza's set up and how he uses the MP? Does he have any other charts up besides the MP? How big are his initial stops? Which would u prefer? Huddy or Reza? Thanks again!

quick update, I spent the whole day 6/1/10 in Huddy's room taking all the trade calls, and I must say, I need to revise my thoughts. It is not boring at all, its called concentrating and getting ready to stalk a trade set-up. All his entries were safe and moved the stop to break even fairly quickly. i originally said it was boring, but I was wrong. i really listened to him to actual see what he was seeing, and all i can is pretty good so far. other rooms talk about non sense, and at times not related to trading, just to fill dead air, not Huddy, its not silence, we are just looking and stalking the set up.....

please do tell...i am interested...thanks!

today, Huddy, was just taking trades at closing out at 3-4 tics and moving the trailing contract at break even. he did this on most of his trades. he was basically taking a gamble on which way the market would break out when he notices a consolidation area. so when his trade goes 3-4 tics in his favor, he immediately moves to break even on his remaining contracts, and 99% of his trades today stopped out at break even on his trailers. but if the trade immediately goes against him, he will take the full stop out at 3-4 tics. I think i got his method. he does this small gamble on every single trade when he notices consolidation areas. he will take these little profit scalps or stop outs in hopes he will guess correctly and catch that huge runner to offset these little break even stop outs.... im not learning anything at all......

Laguna, YOU ARE ABSOLUTELY CORRECT! He rarely has MP set ups and just uses channel type trades. He kind shoots from the hip....And yes, he is a nice guy, but I am not learning anything... Are you still with Profile Traders? Can you tell me a little more on it? how much is it? and what kind of profits did you see with it? Thanks!

Seems like there are more traders that agree that fib level are on every single bar on the chart. Take the days chart and just randomly chart fibs, and then you can see you could had made a million entries and exits. The question is, are you willing to put your chips on the line in real time? for me, no way.

I currently trade off of my Ninja charts & trading DOM that ties into my account at my broker (Mirus). A one-stop shop. I want to move to a different charting software such Ensign, Sierra or Investor-RT. Here's is my newbee confusion. I am assuming that these charting software will require me to subscribe to a data feed such as IQFeed. But these charting software do not have a trading DOM to execute trades into your account at the broker. So I am assuming, I will be using my brokers trading DOM to execute trades. To me, it doesnt make sense to execute trades based on a chart that has a different data feed from the brokers trading DOM. Is there something I am missing? wont there be a difference/slippage? or the difference is so minor, its no big deal? I am thinking it is a big deal, cause 1 tick difference could mean a full stop out or not....

Im new in Huddy's room, but from what KoiFan and the room shows, he uses Ensisn mainly, but he did say he also has IRT and Ninja charts up. He says he likes all 3 and all of them have their pluses.....but I think I will end up moving towards Ensign. I guess you can record the session on your own. He uses GoToMeeting. I have full version of Camtasia Studio Recording platform. I use it to record Huddy on certain questions I ask..... The day is almost done, and there were about 3 trades, all were small scale winners in this choppy day.....he stalks the trade....he is methodical and sits and sits and then jumps on the perfect high probability entry....love it so far.....

I hope to be one of those experienced ones. Hope Huddy can get me there.....

Ok, its lunch time chop now and here is my morning review of Channel-Trading. Damn pretty good, very conservative. He just sits and waits for the trend lines and MP to form an entry area that gives a very very high probability entry. He nailed the 1st one at 1083.75 short at 8:13am pacific time, scaled all the way to his predefined target of 1080.75-1080.50....nice call on his part, no stress trade . He also called one during lunch and said not to take it due to lunch time zone, but it was a quick winner as well....he also posts his trades on twitter pretty quick too, so you can see the trades as they happen if your not in the room ( Kevin Hudson (channeltrading) on Twitter ). I have to admit, if I was in my other live trade room that uses fibs, I would have been chopped around with at least 8 trade in the morning so far....overtrading, yuck....:crap: more to come....

Anyone have any experience with MB Trading's data feed? any good? The reason I ask is, they are one of the few that offer data feed on both futures contracts and index symbols. Anyone know of any good broker or data feed that offer both of these?

Anyone willing to comment on these statements that I have hearing more and more often these days:? -You can make an argument that there is a fib trading level at every single bar on the chart. Take any chart, and draw any fib extensions or retracements, (pick a bar, any bar, pick a swing high/low , any swing high/low) and you will see some bar at any given fib level. Fibs will work after the move has been made. The fib trading method does not work during real time trading. On any given chart at any given time frame, there are a million fib levels...If you trade the fibs, you will over trade and chop your account up... Is there some truth behind this statement? I wish there wasn't, but the more I think about....

KoiFan, Did Kevin say he was going to be switching to IRT soon?

JE, Well, to be honest, I did not take full advantage of my one month, that is why I signed up again. Like I wrote earlier, I was distracted with another live room that trades on the 50% Fib retracements. I dont know what everyone's feelings on fib's, but the way I see it, you can make a fib argument on every bar that is on the chart? it seems like after the move has been made, you can find a fib that worked out....I do want to believe in the fib method, but to me, its overtrading. Correct me if i'm wrong, but it actually seems you can make a fib argument anywhere on the chart.... That is why I REALLY want to learn MP. MP live rooms out there are limited, but it seems that Channel-Trading.com might have something. From the few reviews out there in web space, I have heard no complaints, only positives. And from my very limited time in the room, all his trades were big winners or very tiny stop outs. I will let you know how it goes.....I'll be in Huddy's room tomorrow, so hope it goes well.....

THANKS KoiFan, I paid for one month to see if it would be a fit. And I'll admit, I have not attended everyday, just off and on cause I was distracted with another trading room that trades soley on fibs, but I did stay the entire afternoon Huddy session on 5/20/10. I must say, if I remembered correctly, the few trades he called were all winners. At first, I was a little intimidated and overwhelmed with MP and didnt understand and thought the concept couldnt give an exact entry point, but after a short time in Huddy's room, I now understand why he uses other traditional charts to make entry based on MP. Koifan, what charting software you use and what trading DOM you use? Cause I see that Huddy uses Ensign for charting. If you uses Ensign with a paid data feed, you must have a trading DOM with a different data feed, then wouldnt the timing of the actual trade be off little due to different data feeds? or the difference is so minor, its not a factor? The only reason I ask is that I have always used Ninja with a broker account tied into Ninja charts. So switching to Ensign with no broker trading DOM attached to charts is all new to me... BTW, I am considering Huddy's lifetime membership, its a pretty good deal I think.... Please let me know, Thanks KoiFan !

anyone experience Channel-Trading

This live Market Profile room is run by Kevin "Huddy" Hudson. Has anyone experience his MP method or trading room? And good or bad reviews on this before I take the plunge. The room fairly priced at $79/month or $895 lifetime access to room and weekly training seminars which are $595 for each 4-6 hour seminar to get everyone set-up. Thanks in advance....

.........There you have it!