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I think this forum is about helping each other for free with no financial intention to become better as a trader - through answering questions, discussion, publishing and exchanging ideas, journals and software (indicators) - in a positive, constructive and respectful way.
Feibels contribution to the forum was, and still is, highly appreciated by me and many others (as can be seen by some reactions and many thanks) because we learn from his skilled and in depth after day market analysis.
Feibel stated in his first post he would show that it is indeed possible to make money from the markets. This he did not do because no statements were shown. All he did was posting after day analysis with possible setups. The claim he makes money by trading these setups is not verified.
I think Feibel should still be welcome and be able to publish his analysis but under the vendor label as he is now selling courses like many others on tradingview, stocktwits and youtube claiming they can teach you to become also profitable but few show proof of it.
Everybody should decide for them self to make use of Feibels offerings but it should be clear from now he is a vendor.
Maybe there are others who can, and are willing to, show these principles? Helping each other for free is the power behind the success of FIO. Thanks Mike. Let's keep it that way.
Fully agree. The value of what Feibel shared here is undeniable. It is the best of all threads at the forum. And I thank him for that.
Only one advice for anyone who's considering subscribing to his service. Before you purchase his service, make sure you get a verifiable proof of his trading performance. He's under no obligation to provide such proof when he shared information for free. Now that he is a vendor, he is obligated to provide such proof for his potential clients.
I agree that there are value provided to this thread by Feibel, thats actually the reason why i signed on FIO.
But if one looks critically at his posts, and i have read almost all of his pdf's, its easily visible that half of the analysis is in hindsight. if he would trade like he posts, he would not create those pdf's and he would not create teaching courses for 2.5k and 4k. He would earn enough from his trading.
im not saying he is not profitable, but one that has extensive wyckoff knowledge (and he has it) can have good trades in market and education is just additional income stream.
i just personally dont like that from his posts it seams he catches for most of the time the down move and up move in existing day for that specific asset, thats the only BS i see.
Amazing, how a man called Richard D. Wyckoff 100 years ago described the working of today's markets and especially trading ranges. Attached two examples of distribution on the 1m chart, 1 from March 18 and 1 from yesterday March 28.
I hope Feibel doesn't mind me posting in his thread but it's all about Wyckoff and price action trading. Just want to show it.