Originally Posted by forex11

Dont like it ---- dont use it!! All I know is that I have been making a very good living off this system for over 2 years now.

Originally Posted by roodstaart

no, this rsi does not repaint.
And I like to add this:
I use more than one zigzagpointer and more than one nonlagzigzag. I use several, all different of course: from 34 to 200 (34, 62, 100, 132, 162, 200) on 1hr and some others on 4hr, these arrows and zigzagline have different colors and different sizes. The real turningpoints get the biggest arrows and the thickest lines. This way one can see the structure of the waves and subwaves clearly. When a turningpoint is confirmed with arrow, line, mfi and/or rsi wave I take the trade with 1 lot. If at the same time it is shown on 30 min, 1hr and 4 hr I take it with 4 lot. So far (last 5 months I am trading this way) there has been no wrong trade. Further I use fibonacci overlay (wave 1 is related to wave 3 and 5 etc etc) in price and time. IF i liked it to babywathc the screen all day after day alle the waves would be taken. But I take only the big ones, for I want to have a social live as well. And as for those conservatives who now start replying that I must not change the bigbearmethod: if that attitude had been of bigbear, his bouncing method should never have been on this thread...

Originally Posted by forexmoments

I'm not denying that - but my friend, what you have to understand is, Bear said in his very first post that the system is JUST using the H4 chart, Zigzag and Arrow. And that's it. I'm sorry, but that system on it's own is simply not profitable.

The truth is, Bear uses Price Action to help with his entries. I totally agree that by using PA with this system, then yes, one can make excellent entries / exits. You yourself use MFI, which is another excellent indicator.

However, to claim that if you enter exclusively when the ZZ and Arrow meet at the end of any given candle-close (without PA, without MFI, without ANY indicators or confirmations), and you'll make money - then I'm going to dismiss this as living in Cloud Kookoo Land.

I'm not accusing of Bear lying in his first post - but he was grossly mistaken.

Originally Posted by forex11

This technique looks fantastic. I used it the first part of this week and on monday made 600 pips.

What a way to start the week/month out!!

I also made 100 on the gbp/usd

Originally Posted by Slipper

I'm not sure if guys here are having problems with their browsers, can't get whole page or what, but BigBear said in his very first post that he enters when ZZ and NLZZ meet and MFI touches 20/80 line. As I understood it, Bigbear doesn't enter when his doughnut gets eaten by his dog but when those THREE indis match. That's it. And yes, I'm making money too with this system.

Thanks Bear and FX11

Originally Posted by whitesand

This is coming from post #5 of this thread. How could forex11 claim he's been making a living with this system for 2 years when he just started in August of this year?

Originally Posted by forex11

what i meant that was when we started talking on this thread.

but its not what i do, it is what you do with the system. because as for me. I know how to use the system and i dont have anything to prove to anybody.

we started this thread to just give people a different way to look at the markets and maybe make some pips. THATS ALL !!

I dont care if you use it or not, but the least you can do is, if you are trying to disect everything that has been posted,at least get your facts straight.

we dont even have to have this thread at all. the only reason we did start it was to see if anyone could create an EA for it.

Im done here, BYE