Forexoma Live Market Analysis - Main Thread

Forexoma · **Joined:** Sat Jul 04, 2009 9:07 pm **Posts:** 1250

capian wrote:

Hi everyone,
Although I am very busy at the moment trading and back testing, practicing, at the same time, I felt the need to reply to these posts....

Cheers
Ian

Thank you Ian.

Forexoma · **Joined:** Sat Jul 04, 2009 9:07 pm **Posts:** 1250

chillydog wrote:

Nice post Ian. You are so right but most people do not have the will, or desire, or the dedication to accomplish the task at hand. They want a simple easy way and the easiest way is to ride someone elses coat tails. If this were not true there would not be thousands of people selling signals on the internet. I do not know how Vahid continues to provide such a quality service, he must have the patience of Jobe. I do not have the patience that he displays on a daily basis. I have patience in my trading but limited patience with certain kinds of behavior.

Bill,

I am still improving my patience. First I did not have patience in forex trading. I was used to take the positions before a trade setup forms, because I was not patient enough to wait for a trade setup. Then my losses taught me that I had to be patient otherwise I would keep on losing. On forexoma, I learned to be patient with people after I learned to be patient in trading. I found out that there are different kinds of patience. Now I am even patient with the Norwegian psycho scam who posts with a new username every now and then. I just delete his posts and ban him until the next time that his madness recurs.

traderany · **Posted:** Wed Jun 30, 2010 5:18 am

Vahid wrote:

Keith wrote:

Are you saying that you issue less than perfect set-ups specifically for your clients to lose money in order to learn to distinguish between strong and weak trade setups?
I could almost understand this if you actually reviewed the winning and losing trades, but you haven't.
As I said in my previous post, you have found time to review trades that you claim to have taken where you have not previously posted any indication of the set-up at all, but you apparently have no time to review the snipers set-ups that you have posted.

No I am not saying this. I say I show the all the forming trade setups and tell them what risks each trade has. I also show the perfect trade setups and help the members to understand the difference of perfect and weak trade setups.

Keith wrote:

Yet in your recent videos there have been a few examples where you have claimed to have made winning trades in the smaller timeframes. Trades that have not been indicated to members until after you have made the profit. These must have been personal trades as they were not indicated, so do you personally trade the lower timeframes or not?

I was used to trade with smaller time frames long time ago. Then I started sharing the range breakout system with the members. When I share a system with the members, I also take the positions because I do not want to recommend something that I do not use.

Keith wrote:

The main aim of Forexoma is supposed to be education. I have seen little in the way of education lately. As I said before, You have taken me from a losing trader to a break-even trader. For that I thank you.
I feel that Forexoma has lost its way and has been going downhill since the start of this year when you introduced the videos. When the charts were posted on the daily report, they were easy to refer to and review.
Now you are issuing so many trade set-ups with-out any explanation. Often a break of support resistance that is just a connection of 2 high or low points. What happened to looking for confirmation in the higher time-frames?

Forex trading is not about learning something new everyday. It is all about learning one thing and then practicing and mastering it. You learn a system. You demo trade with it for several months and after building your confidence you start live trading. If you see I have taught a few systems, it is because we have different members with different styles and tastes and also different daily schedule. It doesn't mean that all members should trade with all the systems I share. The correct way is sticking to one system and learning it as much as you can. When I analyze the market on a daily basis, it is in fact the practice of the systems we learned. I should not teach a new system every day. I should help the members to practice the same systems.

Keith wrote:

If you do not believe in trading the lower time-frames, then why on earth are you posting videos based on the 5 minute charts? You have posted 2 today.

It is not the matter of believe. It is the matter of style and taste. I may not trade using some of the systems or time frames I teach. But I still teach them because - as I said - there are different members with different styles and it is their right to have what they want to learn.

Keith wrote:

I think that you should go back to how you were. Before the videos you posted well thought out trade set-ups that made sense and easy to read. The videos are not easy to follow and very distracting because you don't edit out when you change the colour of trend-lines or which time-frame that it is shown in. Making the videos must be time consuming for you and in my opinion have not been an improvement. Certainly a well presented video for educational reasons can be very good. But for trade set-ups, I think that you should go back to the old way of posting the charts on the reports.

Although I think most members prefer the videos, I will have the old style of posting the charts again, as well as the videos.

Keith wrote:

I still believe that you offer a valuable service to take a trader from beginner to intermediate. If you can take a trader beyond that level, then why not indicate the actual trades that you take personally. If they are all in the higher timeframes, you will have the time to post the set-ups. So what if it is only a handful of trades every month! It would be interesting to know what trades you actually take instead of a load of mediocre set-ups because that's what your students want.

There are always many trade setups that I take and I can not share, because market moves and it becomes too late to send the signals to the members. Long trade setup on EURCAD one hour chart that went up for over 300 pips was one of it. Unlike you, I think so far I have shown almost all of the trades that I have taken myself. Of course sometimes I takes some positions based on the news/signals that I receive from the other resources and I do not share them with the members.

Keith wrote:

The students should take guidance from their teacher, not the other way round.
If you actually trade and make good profits every month, share the details of these actual trades before the event. Tell us that these trades are lower risk, because you consistently make profits with them.
We only have your word that you make these huge profits every month. You once said that making 25% profit per month is not difficult. Why not prove it?

I still say that making 25% per months is a piece of cake and can be done through taking only few positions per month. I do not have to share everything that I do with the members and show all the positions that I take. As I said I take so many other positions based on the news/signals I receive from some special resources. I am not allowed to share them with anybody. Here I have a special training program that I follow. A teacher may know thousands of things, but he only teaches the things that help the students more.

Attachment:

The attachment Statement.jpg is no longer available

Hi,
there are three of Vahid's trades

JoeTrader · **Joined:** Mon Aug 31, 2009 10:20 am **Posts:** 58

Vahid wrote:

chillydog wrote:

Nice post Ian. You are so right but most people do not have the will, or desire, or the dedication to accomplish the task at hand. They want a simple easy way and the easiest way is to ride someone elses coat tails. If this were not true there would not be thousands of people selling signals on the internet. I do not know how Vahid continues to provide such a quality service, he must have the patience of Jobe. I do not have the patience that he displays on a daily basis. I have patience in my trading but limited patience with certain kinds of behavior.

Bill,

I am still improving my patience. First I did not have patience in forex trading. I was used to take the positions before a trade setup forms, because I was not patient enough to wait for a trade setup. Then my losses taught me that I had to be patient otherwise I would keep on losing. On forexoma, I learned to be patient with people after I learned to be patient in trading. I found out that there are different kinds of patience. Now I am even patient with the Norwegian psycho scam who posts with a new username every now and then. I just delete his posts and ban him until the next time that his madness recurs.

Vahid, you want to have all of the different kinds of patience? do you have to? I don't think so.

Forexoma · **Joined:** Sat Jul 04, 2009 9:07 pm **Posts:** 1250

halvardu wrote:

Going long on USD_CAD today, it has broken above the daily resistant and has restested it..

Hi Halvard, Can I move your posts to your trading journal? Here we talk about FLMA only. Hope you don't mind.

halvardu · **Joined:** Fri Jul 17, 2009 2:17 pm **Posts:** 214

Hi Vahid!

Just move it, was just trying to help :-)

)

Best regards,
halvard

Forexoma · **Joined:** Sat Jul 04, 2009 9:07 pm **Posts:** 1250

JoeTrader wrote:

Vahid, you want to have all of the different kinds of patience? do you have to? I don't think so.

Hey Joe,

No, I don't have to. But I like to

Forexoma · **Joined:** Sat Jul 04, 2009 9:07 pm **Posts:** 1250

halvardu wrote:

Hi Vahid!

Just move it, was just trying to help :-)

)

Best regards,
halvard

Thank you Halvard. I know you always try to help and I appreciate it. But I thought it could be a little confusing to have those posts here. Hope you are not upset

halvardu · **Joined:** Fri Jul 17, 2009 2:17 pm **Posts:** 214

No problem at all Vahid, just move them to my trading jurnal

Best regards
Halvard

halvardu · **Joined:** Fri Jul 17, 2009 2:17 pm **Posts:** 214

halvardu wrote:

No problem at all Vahid, just move them to my trading jurnal

I really think we should have a private section for trade setups, you cant catch them all

Best regards
Halvard

Michael · **Posted:** Thu Jul 01, 2010 7:19 pm

Vahid wrote:

Hi Michael,
...

Michael, spoon feeding for you is not helpful because you do your home work and you know that you want to become an independent forex trader. But not everybody like you. There are members who do not even know how to plot a line. They do not know what MetaTrader is. They can not even download the profiles. The only thing they know is that forex makes money and they want to make money through forex trading. It is also their right to join and use the program. Although most of them complain that it is too technical sometimes and they can not understand many things. I try to plot lines in the videos, change the lines colors and time frames to help these members understand how to do it themselves. But obviously some members do not like to spend their time watching me while I am changing the color of a line. While they feel bored of watching me changing the color of a line, some others are learning something new.

...

Vahid

Thank you for the comprehensive reply. The paragraph above probably goes a long way to to explain my disquiet. If you are trying to explain trades to people who don't understand the basics of trading or the system then there will inevitably be issues. I would expect newcomers to be working the basics and keep away from trading until they know what they are doing.

Ian's point about coaching is well made, as is the point about value for money. I guess what I am missing is that I can't see a structure to the program. I have received and presented training for most of my working life and I learned the hard way that structure is important, as is targeting the lesson to the capabilities of the student. No point in trying to teach trigonometry to someone who cant do basic maths.

I'm going to keep my subscription for now and will be posting some more stuff on intra day breakouts soon. I won't be referring to your work directly but please let me know if the detail is too much.

All the best

Michael

Forexoma · **Joined:** Sat Jul 04, 2009 9:07 pm **Posts:** 1250

Michael wrote:

Vahid wrote:

Hi Michael,
...

Michael, spoon feeding for you is not helpful because you do your home work and you know that you want to become an independent forex trader. But not everybody like you. There are members who do not even know how to plot a line. They do not know what MetaTrader is. They can not even download the profiles. The only thing they know is that forex makes money and they want to make money through forex trading. It is also their right to join and use the program. Although most of them complain that it is too technical sometimes and they can not understand many things. I try to plot lines in the videos, change the lines colors and time frames to help these members understand how to do it themselves. But obviously some members do not like to spend their time watching me while I am changing the color of a line. While they feel bored of watching me changing the color of a line, some others are learning something new.

...

Vahid

Thank you for the comprehensive reply. The paragraph above probably goes a long way to to explain my disquiet. If you are trying to explain trades to people who don't understand the basics of trading or the system then there will inevitably be issues. I would expect newcomers to be working the basics and keep away from trading until they know what they are doing.

Ian's point about coaching is well made, as is the point about value for money. I guess what I am missing is that I can't see a structure to the program. I have received and presented training for most of my working life and I learned the hard way that structure is important, as is targeting the lesson to the capabilities of the student. No point in trying to teach trigonometry to someone who cant do basic maths.

I'm going to keep my subscription for now and will be posting some more stuff on intra day breakouts soon. I won't be referring to your work directly but please let me know if the detail is too much.

All the best

Michael

Hi Michael,

I understand what you mean. Those members also know that they have to learn the basics and then start trading. So they should start from the videos I have on the index page and then try to digest the analysis and start trading.

Lack of structure has made me a little confused too because I taught several systems and then I found it hard to deliver the signals for each system. But on the other hand, members can use any of the systems they like and I can deliver the signals just for one or maximum two systems. I think this can be the best option for now.

For your intraday trading posts, as you said as long as you don't disclose the details, it is ok. Not that I do not want anything to be shred here. The problem is when a lot of traders use the same system, it will stop working and then we have to look for another system.

capian · **Posted:** Fri Jul 02, 2010 5:36 am

Hi Vahid
Wondering if you could answer this question for me.
If MACD has crossed the zero line then come back to the same side but lower on the scale -- do you still consider that as divergence/convergence.
as per the attached

Thanks
Ian

chillydog · **Posted:** Fri Jul 02, 2010 9:45 am

capian wrote:

Hi Vahid
Wondering if you could answer this question for me.
If MACD has crossed the zero line then come back to the same side but lower on the scale -- do you still consider that as divergence/convergence.
as per the attached

Thanks
Ian

I had this same question some time ago. The answer that I got was yes you can consider this convergence/divergence.

capian · **Posted:** Fri Jul 02, 2010 12:05 pm

chillydog wrote:

capian wrote:

Hi Vahid
Wondering if you could answer this question for me.
If MACD has crossed the zero line then come back to the same side but lower on the scale -- do you still consider that as divergence/convergence.
as per the attached

Thanks
Ian

I had this same question some time ago. The answer that I got was yes you can consider this convergence/divergence.

Ah good Thanks Bill

Forexoma · **Joined:** Sat Jul 04, 2009 9:07 pm **Posts:** 1250

capian wrote:

chillydog wrote:

capian wrote:

Hi Vahid
Wondering if you could answer this question for me.
If MACD has crossed the zero line then come back to the same side but lower on the scale -- do you still consider that as divergence/convergence.
as per the attached

Thanks
Ian

I had this same question some time ago. The answer that I got was yes you can consider this convergence/divergence.

Ah good Thanks Bill

Hi Ian,

Bill is right. The only thing is the distance of the two highs/lows in MACD. When they are two far, it may lose its effect.

JoeTrader · **Joined:** Mon Aug 31, 2009 10:20 am **Posts:** 58

Vahid, your last system is outstanding.

Forexoma · **Joined:** Sat Jul 04, 2009 9:07 pm **Posts:** 1250

JoeTrader wrote:

Vahid, your last system is outstanding.

Hey Joe,

Thank you

But it is not a new system. The same system/systems with some new technical regulations and a new entry strategy.

Michael · **Posted:** Sat Jul 03, 2010 5:48 am

Hi all

Having watched both 'How to Follow the Trend' videos and scanned the charts I'd say that the close of EURJPY H4 looks like a developing setup for this system. I would wait for the candles to get closer to the mid BB, and of course we'd need to see what is happening after the markets open on Monday before making a decision. Patterns can change significantly over the weekend.

All the best

Michael

JoeTrader · **Joined:** Mon Aug 31, 2009 10:20 am **Posts:** 58

Keith wrote:

...............
....................
......................... :roll:

I intend to cancel my subscription, but I would still like to post on this forum. That is up to you Vahid.

Regards

Keith

I recommend you to cancel your membership as soon as possible to stop losing and start making money on your own!!!

You talk like a professional trader. If so, what do you want here? Go and trade on your own. If you are such a smart and experienced trader who can analyze the others' trades and find their mistakes, why do you pick the garbage free signals you find over the www?

If - as you say - Vahid has helped you to advance from a loser to a "balance holder" trader, how come you think he is not able to make any money for himself? Man, do not bite the hands that have fed you.

And don't forget that "A sharp tongue can cut your own throat."

Vahid, as far as I remember, the purpose of this discussion board is to help the members to learn more and receive the answer of their questions. If someone is unhappy, he can receive his money back and go away. Why do you spend your time answering the questions of those who are hard to understand???

If I were you, I would ban these users from the forum and would refund their money and cancel their membership. Let them go and find another service. Internet is full of GREAT buy/sell signal services :lol:

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