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Old 06-03-2007, 06:14 AM
itguy itguy is offline
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Quote:
Originally Posted by summitfx
Goldenequity's name is Randy and hence the name "randycandles" which are nothing more than Heiken Ashi candles with 2 moving averages. No Magic at all-just getting used to the chart set ups. I downloaded his PL statement and tracked his trades and they were simple to follow. I trade this system exclusively for my daytrading. I spent last year learning the HAMA pad system. This Steinitz Nutcase was a fool to run off this very talented and successful trader who was willing to help people with a real money system that worked. Steinitz is a 2-bit Con man who has nothing to offer but a demo account with no stop losses. I ridicule him ever chance I get.
Sure, I was aware of the indicators used to set up the charts, but there are several formations that he didn't get to finish discussing...unfortunately (I share your opinion on Steinitz). I have been observing the chart setups and there are repetitions of patterns I can't quite seem to figure out. It seemed to me that he only got about 20% into the reading of the candles before he was forced to stop. I really feel that this setup benefits my trading style even from the little I have ascertained on my own. I also learned HAMA but prefer the simplicity of Randy's candles
Summitfx - If you have any additional info you could share please pm me or post here. I am assuming if this is what you use exclusively for daytrading there is obviously merit in continuing my quest to learn more.
Thanks.
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