STAR System Opened Up and Demystified
OK, Rat. I got the link from your post so I do not know any more than
what you put there.
In other developments, STAR System owners will have seen that the
EUR/USD gave a signal on a long running trend. The low main pivot of
10/2008 on H4 and the H8 will be used to get the signal tool. Short PTS
has not triggered yet.
This has been a long established trend which has exhaustion traits giving
the green light for pullback signal taking.
What are the exhaustion traits? This was only shown to system owners
because it's design is so simple but I want to
open this up somewhat
without giving all the specifics.
There have been some who thought STAR would be added to their tools
but the simple fact is that
to obtain 100% accurate signals will require a
different approach. I am sorry that this has been met with some
reproach where the person does not want to learn a new system. I do
not deal in instant gratification. Consult your friendly Genie for that.
The tantrums being displayed are to me more indicative of the maturity
of that person. I am interested in helping committed traders and if I need
to open the system up more to show that these are simply a short list
of mechanical steps then I will do it.
So again...
We have a system that gets you the best entry with 100%
accurate signals. The signals are taken at trend exhaustion where
they are going to differentiate between continuation or reversal
with 100% accuracy.
We have a method to determine when that reading is taken to put
you in the right spot. That is the trend exhaustion trait set.
What are the exhaustion traits? I will describe them generally but you
get the specific criteria by watching the instruction videos and in your
ebook.
Of course you get the MT4 tools you need.
STAR System Opened Up and Demystified
We observe setups in the later stages but let's start at the beginning:
A setup begins from a main pivot. So that is a reversal from a former
trend. Now price is moving away in a new direction. This clear departure
will be known as the 1st stage.
You will use an MT4 template with moving average indicators. The
indicators in the 1st stage will be following price.
As always occurs the new trend gets challenged and this causes the
moving averages to become inverted as they now follow the price
going the other way. This trait we call a FLIP.
The trend resumes and moves beyond the price extension of the 1st
stage. The moving averages once again follow and we are now into the
2nd stage.
The next trait we look at is called a CUT where the trend pauses but not
enough to cause another FLIP. Specific moving average crossing is
observed for this.
The final trait is the trend continuing move following the resumption of
price coming out of the cut area.
We now have an exhausted trend.
This means that pullbacks away from the trend will be checked for a
continuation or a reversal.
You want to know the cool thing?
The same tool that you used to find those traits will select the tool for
the reading of the signal. All with 100% accuracy.
So if someone tells you moving averages are no good because they lag
that is just the old way of thinking. This system is built upon the same
fibonacci relationships that fire and fuel the retracements and extensions
and Elliott Wave. But these have been taken in a whole new direction...
...One that is USEFUL.
This method actually lets the moving averages work as a set, not just
individually and that is how they allow these relationships to be shown.
It is like focusing the sun with a magnifying glass. There is great power
when it is placed at the right spot but otherwise just some extra
brightness and a little more magnification.
Know what? That is also Wave Tuning!
Hand someone a photographer's equipment set and they will be able to
produce a picture. In the hands of the photographer a great portrait
will emerge. The difference? The photographer took the time to learn
the control and focus of light with those tools.
I guarantee you that if you use the same tools and apply that correct
method that you can produce great portraits. I know because I studied
photography. That course took many many many many many hours and
my trading course will not take but a tiny fraction of the effort.
Are You ready for serious trading?
What would you think of me if I just looked over the materials for the
photography course and said, "That's too much text!"? I think it would
reflect poorly on me but I don't think a reasonable person would think
that the photography institution was the "problem".
If this system has been around for two years and the worst you see are
a few people that did not want to give it fair effort that is a reputation
which is exemplary.
Fair is fair though, and my hat is off to those brave souls who took my
very first version of the ebook which was very thin and basic. A fine
gentleman named George who has stated he would gladly pay 10K for
this in the review section picked that 1st version up when I first
released it. He is partly responsible for the upgrades in my support
level since I first sought to just publish and let it fly itself.
Also I have had much better response since the forum and video tutorials
were added. Now I am doing live videoconference training every week.
Now since this is the 2 year anniversary and this looks extremely healthy
and robust as well as stable I am opening the description more so you
can see what is involved.
In fact here is a pic showing the trait set ( some screen labels have been removed ):
All traits are in place. Now it is signal hunt time.
Now that same tool gives us the setting for the signal tool and all that
means is it tells us which template to call up. Reading granted.
Oh sorry, there I go implying it's magic. I do get carried away by the
simplicity but you do need to look over your charts.
But does that look real hard?
Now the signals give a green light for these kinds of entries:
The whole process of finding traits and reading a signal will take you
about 2 - 5 minutes.
Eventually I will put a video of this trend exhaustion analysis on the
Supertradesystem site.
While I can't show everything I think this will go a long way toward
demystifying the system.
Yes it is new stuff but it is just mechanical steps which you can do too.
Hope this helps.
8- )
Cheers,
Cyclon
PS. I have been suggesting that a light skim through the ebook
be followed by the video tutorial #1 and this seems to help
the learning settle in place. Your future awaits.