Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Recommended Posts

Pardon me.

 

I have no real items that I would like from them but a fellow trader was asking about it.

 

Their triggers seems quite good on their youtube videos. Obviously I would like to learn more ABOUT other trader's comments on them and / or their effectiveness.

 

Just a caveat - NOT looking for the holy grail but looking for another potential tool.

Share this post


Link to post
Share on other sites

Pardon me as well.

 

but I have watched some of their videos.

 

So first of, I have a question:

 

I know different kinds of pivots, but excuse me, I am just a little beginner;

 

What are future pivots?

 

 

The more lines you add to your chart, the more often you are right, or wrong.

Some future pivot lines were commented, some other lines, I thought these lines were future pivots too, not. :confused:

Anyway, just lines.

This was all IMO. :helloooo:

 

 

 

Another thing, while it all looks so easy on their charts, on my charts its looks easy too.

 

But real trades are often a different story.

 

Some signals happen within not even a second on my charts,

but after the thought process (??? sec) I need at least 500 ms

until the signal from my brain reaches my finger for the mouse click.

 

And then its needs some more ms's ...

 

Anyway, a further question:

 

Where these videos commented as things happened?

 

Or later? (This one seems to be right, IMO.)

 

 

 

Regards,

 

Hal

 

P.S.: Hindsight, yes we all know, what we have should have done a long time ago.

And pictures, I have a lot of nice charts, but just, I have to sell nothing.

Well, maybe they have something of value, maybe not, but just be careful.

I could present you pictures, and sell you my indicators, but ...

it doesn't not mean that you will make a fortune,

only that I will get your money for my indicators.

 

You know. :missy:

Share this post


Link to post
Share on other sites

Those lines looks like it has some similarities to the standard Tradestation indicator "Trendlines Automatic" if you ask me ... and pivots calculations can be seen on http://www.mypivots.com ... the blue lines are timing stuff I have not been able to observe and see similarities / where it came from. To put all three together and come up with an indicator may be an accomplishment.

 

Of course, I have not seen or use it ... would like to hear some comments from someone who is an actual user - hopefully a profitable user.

Share this post


Link to post
Share on other sites

FFTrader, the reason you haven't gotten any responses from users is that the software is brand new, just released earlier this month. Shadowtraders has been around a few years though. I just watched a webinar this morning and the course (with Ninja indicators) looks promising. By the way, entries and exits were being called during live trading.

Edited by nyctrader

Share this post


Link to post
Share on other sites
I was there during the live trading event. Still has more questions than answers - but that is just me.

 

Ask them. If satisfactory answers are not forthcoming move swiftly on. :)

 

Edit: Fixed based on Tams advice!

Edited by BlowFish

Share this post


Link to post
Share on other sites
Yes I would like more info on shadowtraders.com.

 

Stay clear of this mess. Shadow traders has changed methods, systems, approaches, charts and just about everthing at least 4 times in the years I have known about them. How you can find a decent clear clean signal on their charts is beyond me. In the world of absolutely uselss information, they rank up there with the worse of them.

Share this post


Link to post
Share on other sites
What are those indicators being used?

 

Is there a live trading room for it for trial?

 

Hi MoreYummy, I started this thread because a fellow trader asked me to join with her and I have since decided not to. I think there is a trading room, however. I am not quite sure what indicators they use per se but I think they do use key support and resistance as part of their setup based on the free trial I saw.

 

:) I am not an experienced trader and still struggling. As such, as of this moment, I cannot say for sure whether their stuff works or not - FOR YOU. What I do have control on and starting to get into a habit of is to trade my own setup. The key - and most recent - milestone for me is that I am able to avoid large drawdowns. I trade with two fairly standard indicators basically - a momentum indicator and an oscillator. That's it. Other considerations I use are purely subjective opinions I have base on my experiences so that part of it may vary depending on who you are.

 

More experienced traders here and elsewhere may agree with me that there is nothing new under the sun - and there is no holy grail. In other words, keep searching for something you like while try to come up with something you are comfortable with.

 

Hope the above helps.

 

Thanks,

FFTrader

Edited by FFTrader
Editing typing error

Share this post


Link to post
Share on other sites

Does anyone know what pivot point formulas the Shadow Traders use? They say there are 19 pivot points. They are fairly tightly compressed together with 9 or 10 within the span of regular R1 to S1. Can anyone reproduce them?

Share this post


Link to post
Share on other sites

I 've been reading thru this thread and I am unable to tell if there has been one person that has actually taken the course, loaded their indicators in NJ, gone to their chatroom for 3 months, tried to improve on their simulator data for 1 or2 months.

 

Obviously, they add and subtract indicators, but a person can tell that by viewing the You Tube videos. Though I believe they have stayed with basically same ones according to the videos I have been able to see for last 1. 4 years at least.

 

Look, has any person had and experience with the System, first hand? If you did, state if you have, and tell of your experience. If you have not, state that first. So we know it just some outsider opinion.

 

This is ridiculous. I am trying decide between this and 3 other programs.

Share this post


Link to post
Share on other sites

Although I have yet to purchase the program, I DO PLAN TO. Also allow me to tell you that I have met a 70 year old man personally who actually introduced me to the program and he works 10min in the market with about 10 contracts making about 2,500/day. I asked him why not spend all day? He stated cause hes retired and just havin fun with his life. Trust me, I do not know the other programs, but he strongly recommended shadow traders.

 

Also out of curiousity what other programs are you researching as well?

Share this post


Link to post
Share on other sites

Also here is a follow up post because since the last one I have purchased the program and please, allow me to enlighten all of you curious individuals.

 

First, when you BUY the program you'll be introduced to all of their strategies and how they work, nothing is kept secret. Not only that but when you attend the live classes with Melanie Sonn you'll see that she is extremely active in answering student's questions. As a matter of fact when you first enter she'll ask, how has everyone traded today? "Did any of you guys make over 200 tickets of profit on just 1 contract?" AKA $2,500 in the 6E market (excluding commissions), with commissions it all depends but you could see yourself lose only about $25 in commissions which is flat out nothing. :haha:

 

You'll find out that almost 90% of the chatroom is almost "praising" her methods of trading because nearly everyone in the room is successful. For the other 10%, all of them are new traders and she ensures them to just to keep studying. (AKA 3 weeks ago I was loosing trades, and now my winning trades are about 95% of the time)

 

I love how people have been bashing something that they have no clue about, neither have they purchased the program. I saw someone post an image of some of the indicators from the package, and please.... thats about 1/4th of them not to mention with what they give you, IF YOU can READ your indicators and trade the way YOUR SUPPOST to, psh I can assure you that some people in this program with 99% of the time with their trades, and that is not a BS statistic.

Share this post


Link to post
Share on other sites

I have a bit of a problem with replies like the ones above...to me something is wrong with this picture.

First of all, I could care less whether a "70 year old man" is trading for 10 minutes and making thousands of dollars....that to me sounds suspicious right off the bat...who is that naive that they believe that kind of statement? Follow that right away with a glowing review from the same person (with 3 posts)....I am more likely to believe the earlier comments from folks who participate here on a regular basis...

Finally, after many years of trading on both sides of the fence (as an amateur and as a professional) If there was a way to make thousands of dollars in 10 minutes on a consistent basis, I think I would have heard about it by now..its a job and a profession folks...it takes work, skill, talent, perseverance, and more... and (like golf) still makes you crazy on certain days...the rest of the commentary just isn't realistic in my judgement.

 

I can think of several alternatives

 

Best Regards

Steve

Share this post


Link to post
Share on other sites
I have a bit of a problem with replies like the ones above...to me something is wrong with this picture.

First of all, I could care less whether a "70 year old man" is trading for 10 minutes and making thousands of dollars....that to me sounds suspicious right off the bat...who is that naive that they believe that kind of statement? Follow that right away with a glowing review from the same person (with 3 posts)....I am more likely to believe the earlier comments from folks who participate here on a regular basis...

Finally, after many years of trading on both sides of the fence (as an amateur and as a professional) If there was a way to make thousands of dollars in 10 minutes on a consistent basis, I think I would have heard about it by now..its a job and a profession folks...it takes work, skill, talent, perseverance, and more... and (like golf) still makes you crazy on certain days...the rest of the commentary just isn't realistic in my judgement.

 

I can think of several alternatives

 

Best Regards

Steve

 

I am confused with this post, because it lacks two things. Firstly, you are making an assumption about something that you have never tried. How can you judge something which you are not a part of... Secondly, you are using your past experiences to judge something, well maybe you do not know everything there is to know about the market... If you knew everything about the market, you'd be worth trillions. There is always room to learn something else...

 

Now this was the most confusing part for me considering the fact that you stated, "If there was a way to make thousands of dollars in 10 minutes on a consistent basis, I think I would have heard about it by now.." Well, to me this confuses me or strikes me as kind of confusing; the reason I say this is confusing is because anybody that trades in the futures market KNOWS for a solid fact that if you traded at 5 contracts of the 6E market 16 ticks is all you need (17 if you count commissions) is all you need to make a thousand dollars. You need 16 ticks going in the direction you wanted it to go, if you went long or short. Please don't take this as a bash, please respond to this, because it does make me curious as to how you said you have no idea about how someone could make a thousand dollars in 10min. Anybody that trades futures would know this is possible to gain 1000 or lose thousand in 10min. It works both ways, this program shows an investor simply how to have more successful trades then losing trades.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • lmfx just officially launched their own LMGX token, Im planning to grab a couple of hundred and maybe have the option to stake them. 
    • Date: 2nd April 2025.   Market on Edge: Tariff Announcement and Volatility Ahead!   The US economic and employment data continues to deteriorate with the job vacancies figures dropping to a 5-month low. In addition to this, the IMS Manufacturing PMI also fell below expectations. However, both the US Dollar and Gold declined simultaneously following the release of the two figures, an uncommon occurrence in the market. Traders expect a key factor to be today’s ‘liberation day’ where the US will impose tariffs on imports. USDJPY - Traders Await Tariff Confirmation! Traders looking to determine how the USDJPY will look today will find it difficult to determine until the US confirms its tariff plan. Today is the day when Trump previously stated he would finalize and announce his tariff plan. The administration has not yet released the policy, but investors expect it to be the most expansionary in a century. President Trump is due to speak at 20:00 GMT. On HFM's Calendar the speech is stated as "US Liberation Day Tariff Announcement". Currently, analysts are expecting Trump’s Tariff Plan to impose tariffs on the EU, chips and pharmaceuticals later today as well as reciprocal tariffs. Economists have a good idea of how these tariffs may take effect, but reciprocal tariffs are still unspecified. In addition to this, 25% tariffs on the car industry will start tomorrow. The tariffs on the foreign cars industry are a factor which will particularly impact Japan. Although, traders should note that this is what is expected and is not yet finalised. Last week, President Trump stated that he would implement retaliatory tariffs but allow exemptions for certain US trade partners. Treasury Secretary Mr Bessent and National Economic Council Director Mr Hassett suggested that the restrictions would primarily target 15 countries responsible for the bulk of the US trade deficit. However, yesterday, Trump contradicted these statements, asserting that additional duties would be imposed on any country that has implemented similar measures against US products. The day’s volatility will depend on which route the US administration takes. The harshness of the policy will influence both the Japanese Yen as well as the US Dollar.   USDJPY 5-Minute Chart   US Economic and Employment Data The JOLT Job Vacancies figure fell below expectations and is lower than the previous month’s figure. The JOLT Job Vacancies read 7.57 million whereas the average of the past 6 months is 7.78 million. The ISM Manufacturing Index also fell below the key level of 50.00 and was 5 points lower than what analysts were expecting. The data is negative for the US Dollar, particularly as the latest release applies more pressure on the Federal Reserve to cut interest rates. However, this is unlikely to happen if the trade policy ignites higher and stickier inflation. In the Bank of Japan’s Governor's latest speech, Mr Ueda said that the tariffs are likely to trigger higher inflation. USDJPY Technical Analysis Currently, the Japanese Yen Index is the worst performing of the day while the US Dollar Index is more or less unchanged. However, this is something traders will continue to monitor as the EU session starts. In the 2-hour timeframe, the USDJPY is trading at the neutral level below the 75-bar EMA and 100-bar SMA. The RSI and MACD is also at the neutral level meaning traders should be open to price movements in either direction. On the smaller timeframes, such as the 5-minute timeframe, there is a slight bias towards a bullish outcome. However, this is only likely if the latest bearish swing does not drop below the 200-Bar SMA.     The key resistant level can be seen at 150.262 and the support level at 149.115. Breakout levels are at 149.988 and 149.674. Key Takeaway Points: Job vacancies hit a five-month low, and the ISM Manufacturing PMI missed expectations, adding pressure on the Federal Reserve regarding interest rate decisions. Traders await confirmation on Trump’s tariff policy, which is expected to impact the EU, chips, pharmaceuticals, and foreign car industries. The severity of the tariffs will influence both the JPY and the USD, with traders waiting for final policy details. The Japanese Yen Index is the worst index of the day while the US Dollar Index is unchanged. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • HLF Herbalife stock, watch for a bull flag breakout above 9.02 at https://stockconsultant.com/?HLF
    • Date: 1st April 2025.   Will Gold’s Rally Hold Strong as New Trade Tariffs Take Effect Tomorrow?   Gold continues to increase in value for a sixth consecutive day and is trading more than 17% higher in 2025. Amid fear of higher inflation, a recession and the tariffs war escalating investors continue to invest into Gold pushing demand higher. The trade policy from April 2nd onwards continues to be a key factor for the whole market. Can Gold maintain its upward trend? Trade Policy From Tomorrow Onwards Starting as soon as tomorrow, a 25% tariff will be imposed on all passenger cars imported into the United States. While this White House policy is anticipated to negatively affect European industrial performance, it will also lead to higher transportation and maintenance costs for everyday American taxpayers. The negative impact expected on both the EU and US is one of the reasons investors continue to buy Gold. Additionally, last month, President Donald Trump announced reciprocal sanctions against any trade partners that impose import restrictions on US goods. Furthermore, tariffs on products from Canada and the EU could increase even more if they attempt to coordinate a response. Overall, investors continue to worry that new trade barriers will prompt retaliatory measures, particularly from China, the Eurozone, and Japan. Any retaliation is likely to escalate the trade conflict and prompt another reaction from the US. Experts at Goldman Sachs and other investment banks warn that this will lead to rising inflation and unemployment. They also caution that it could effectively halt economic growth in the US.   XAUUSD 1-Hour Chart   The Weakness In The US Dollar Another factor which is allowing the price of XAUUSD to increase in value is the US Dollar which has been unable to maintain any bullish momentum. Despite last week’s Core PCE Price Index rising to its highest level since February 2024, the US Dollar has been unable to see any significant rise in value. Due to the US Dollar and Gold's inverse correlation, the price of Gold is benefiting from the Dollar weakness. Investors worry that new trade barriers will prompt retaliatory measures from China, the Eurozone, and Japan, potentially escalating the conflict. Experts at The Goldman Sachs Group Inc. believe that such actions by the US administration will drive rising inflation and unemployment while effectively halting economic growth in the country. Can Gold Maintain Momentum? When it comes to technical analysis, the price of Gold is not trading at a price where oscillators are indicating the instrument is overbought. The Relative Strength Index currently trades at 68.88, outside of the overbought area, since Gold’s price fell 0.65% during this morning’s session. However, even with this decline, the price still remains 0.40% higher than the day’s open price. In terms of fundamental analysis, there continues to be plenty of factors indicating the price could continue to rise. However, the price movement of the week will also partially depend on the employment data from the US. The US is due to release the JOLTS Job Vacancies for February this afternoon, the ADP Non-Farm Employment Change tomorrow, and the NFP Change and Unemployment Rate on Friday. If all data reads higher than expectations, investors may look to sell to lock in profits at the high price. Key Takeaway Points: Gold’s Rally Continues – Up 17% in 2025 as investors seek safety from inflation, recession fears, and trade tensions. Trade War Impact – New US tariffs and potential retaliation from China, the EU, and Japan drive uncertainty, boosting Gold demand. Weak US Dollar – The Dollar’s struggle supports Gold’s rise due to their inverse correlation. Gold’s Outlook – Uptrend may continue, but US jobs data could trigger profit-taking. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date: 31st March 2025.   Trump Confirms Tariffs on All Countries, Sending Stocks Lower.   The NASDAQ continues to trade lower due to the US confirming the latest tariffs will be on all countries. In addition to this, bearish volatility also is largely due to the higher inflation data from Friday. The NASDAQ declines to its lowest price since September 11th 2024. Core PCE Price Index - Inflation Increases Again! The PCE Price Index read 2.5% aligning with expert forecasts not triggering any alarm bells. However, the Core PCE Price Index rose from 0.3% to 0.4% MoM and from 2.7% to 2.8% YoY, signalling growing inflationary pressure. This increases the likelihood that the Federal Reserve will maintain elevated interest rates for an extended period. The NASDAQ fell 2.60% due to the higher inflation reading which is known to pressure the stock market due to pressure on consumer demand and a more hawkish Federal Reserve. Boston Fed President Susan Collins recently commented that tariffs could drive up inflation, though the long-term impact remains uncertain. She told journalists that a short-term spike is the most probable outcome but believes the current pause in monetary policy adjustments is appropriate given the prevailing uncertainties. Although, certain investment banks such as JP Morgan actually believe the Federal Reserve will be forced into cutting rates. This is due to expectations that the economy will struggle under the new trade policy. For example, JP Morgan expects the Federal Reserve to delay rate cuts but will quickly cut towards the end of 2025. Market Risk Appetite Takes a Hit! A big factor for the day is the drop in the risk appetite of investors. This can be seen from the VIX which is up almost 6%, Gold which is trading 1.30% higher and the Japanese Yen which is the day’s best performing currency. Most safe haven assets, bar the US Dollar, increase in value. It is also worth noting that all indices are decreasing in value during this morning's Asian session with the Nikkei225 and NASDAQ witnessing the strongest decline. Previously the stock market rose in value as investors heard rumours that tariffs would only be on certain countries. This bullish swing occurred between March 14th and 25th. Over the weekend, President Donald Trump indicated that the upcoming tariffs would apply to all countries, not just those with the largest trade imbalances with the US. NASDAQ - Technical Analysis In terms of technical analysis, the NASDAQ continues to obtain indications that sellers control the price action. The price opens on a bearish price gap measuring 0.30% and trades below all Moving Averages on all timeframes. The NASDAQ also trades below the VWAP and almost 100% of the most influential components (stocks) are declining in value.     The next significant support level is at $18,313, and the resistance level stands at $20,367.95. Key Takeaway Points: NASDAQ falls to its lowest since September 2024 as the US confirms tariffs on all countries, adding to inflation concerns. Core PCE inflation rises to 0.4% MoM and 2.8% YoY, increasing the likelihood of prolonged high interest rates. Investor risk appetite drops as VIX jumps 6%, gold gains 1.3%, and safe-haven assets outperform. NASDAQ shows strong bearish momentum, trading below key technical levels with support at $18,313 and resistance at $20,367.95. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.