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I have been in 4 different chat rooms for live trading . Simon & his Futures FX is the most simple & very strate forward room that I have been in . Simon is very understand to the needs of his menbers & trys to help them out to make trading easy to understand. He answers all ??? that are ask & show each trade & tells why he takes the trade before he takes it . If your looking for a trading room to sighn up with. Then you should look at Furtures FX
Can you help answer these questions from other members on NexusFi?
I´m in Simons room too and I can recommend it. Simon does concrete explanation of what he is doing and you can see his trades. Of course one can find another way to trade - there´s every time the possibilty to do different. But we have very tight stoplosses - and this is important for my trading - as Simon determines exactly where to enter. He examines with Donchian, MACD, EMA, Fibs in different timeframes and we watch the volume. I´m lifetimer member in 2 other rooms, too and for me Simons trading and analysis is a very important part in my - succesful - trading!
Simon, hereby I want to thank you for learning me reading the footprints to understand better what might happen because of understanding the volume!
I agree with nqcruiser in that simon trade management is a sham, and this has been confirmed by a friend of mine who is a member and who can never seem to get past trading 1 contract as the losing trades wipe out the very small winners, and he also tells me that simon has a few members in his room that have done some videos for him and in those videos they do not even trade simon s method so what does that tell you!!!!
I must say he does seem an honest guy and does show his trades but are they real or is it a sim account?.
Also he seems to be doing a lot of advertising and webinars, is this because he needs the money? plus where does he find the time to do webinars and teaching and load videos and run a site and then trade as well.. come on please.
Like nqcruiser says what Simon is looking at is not rely capping its just a 0 at the bid or the ask, this does not mean we have capping, to understand order flow you need more than this simple concept and need to understand the volume implications as well, he claims in one of the videos that DB from OFA is doing the same as him but believe me he is not, DB has a much better understanding of volume and order flow and does not use a 20 period line to show support or resistance,, come on its a line from 20 bars ago what real significant does that have??
I would say spend your money on really learning what the market is doing such as DB from OFA or Kam from L2ST, way better education and they work.
My main reason for posting is to defend the trading class that I am a member of. Naysayers like "nqcruiser and daza" are- no more no less -than just naysayers" They simply are copping an attitude about something and someone they know absolutely nothing about.
I feel by attacking the class that I am a member of is the same thing as attacking me.
Maybe you should eat something nqcruiser, but instead of eating your words I would suggest a serving of humility might serve you better. Along with that a side dish of education and some intellect for dessert may help to rid you of your negativity and perhaps give you a boost in the right direction. "Same applies to you daza".
Don`t let the fact that these two or three people who are so called "elite" members of this forum make you think they are gurus` of any stature. I would venture to guess that their "elite"nest goes no futher than this forum.
As for Simon I have allready posted what I think about him and the program that he is conducting. "He is honest with a positive attitude and is very qualified to guide you along a successful path of trading the futures.
As for myself, I have no financial interest of any kind in Simon`s program and I am nothing more that a happy member of his class.
PS: I use to sign my name as Thom,,,, since I started making money in Simon`s room I sign it as Thoma$
I hope soon you would get more then one $ to your name!!! Please when able would you tell me if he is trading 6E, or 6B in his room. And if he is offering London time frame trading? What are you trading?
BTW just posted THANK YOU for your post. To be honest sometimes I do not like to post in the forum, because of some negative BS that post might generate. Oh well life in the BIG CITY!!!
6E and he trades privately from around 3 AM till 8 AM and then trades till he reaches 500$ or/and till 12 NOON
I trade the 6E from 5 AM till ? then switch to the S&P (es)
Thoma$ ( I`ll add a $ every 10 or 20 K`s) LOL
Hey Tom, do your research before slagging other members off, nqcruiser was a member of simons room and as I said I have a friend that's a member as well and was happy to share with me, so to say we know nothing about it is way out of line.
This thread was started by Alan regarding comments on Simon's class, good or bad, so back off and let other people give there opinions.
May be this is working for you and that's great and as I said my last post was only my opinion but this is an open thread and I am free to post my comments just as much as you...
'Along with that a side dish of education and some intellect for dessert may help to rid you of your negativity and perhaps give you a boost in the right direction. "Same applies to you daza"
Believe me I have had my share of education and from what I have seen you will need some more very soon as well. Don`t let the fact that these two or three people who are so called "elite" members of this forum make you think they are gurus` of any stature. I would venture to guess that their "elite"nest goes no futher than this forum.
Now I hate dishing people but this thread was started for comments and that's all I have given, just to bad some people do not like those comments.
Thomas this started out as a nice thread with out any slagging off of other members but there had to be one that had to lower the tone and slag those that have real comments.
If simons methods works so great show us all and post some charts and results.
As for Simon I have already posted what I think about him and the program that he is conducting. "He is honest with a positive attitude and is very qualified to guide you along a successful path of trading the futures.
I did say Simon seems like an honest and nice bloke but then most vendors always do.!!
Don`t let the fact that these two or three people who are so called "elite" members of this forum make you think they are gurus` of any stature. I would venture to guess that their "elite"nest goes no futher than this forum.
Please I never asked the forum to post me as an Elite member its just the way it worked out, I mean come on I have only posted 6 or 7 times, and I am not that stupid to think as my self as a guru unlike some $$...LOL.
Oh and you are right I tend not to post to much in these forums as trading is a much better way of spending my time but when some ones asks for an opinion on something I know about then comments must be made good or bad.
Oh and traders be aware, Simon from futuresfx has asked all his current members via email to vist this site and post comments,, well lets face it those that are still members are going to post good results.
Hi Tradetronics, yes I have all 3 and my opinion is that L2ST is the best why?
OFA is good and I enjoyed DBs room and he has a real good read on the market but my concern is that it’s still a black box system and the signals and the way it shows the order flow are proprietary so one is trading on blind faith that the software is doing what it should.
Compared to L2ST who teach you how to use basic foot print charts to read order flow which can be applied on any charting package that can plot a foot print meaning you are not tied to a charting package.
Thanks for the review. What about FuturesFX? I think the key element of FuturesFX is the usage of the volume ladder as a confirmation tool... Would you agree? Is FuturesFX applying a concept that is also taught by L2ST? Concerning FuturesFX, I must say that it impresses me that he is using the concept in real time. Does L2ST do the same thing? FuturesFX uses the Volume Ladder for clapping... Correct?