billk2246 

you stated: I gave very specific examples of how Alpha uses fib projections in HER real world examples if you don't follow my details of how the are generated and from what points she specifically used to generate them I am sorry. If you would like to learn from me I can do that. But first why don't you school me as to her CURRENT methodology of fib projection; perhaps they have changed, perhaps not. I am sorry - I must have been mistaken I thought that the purpose of this site was for SERIOUS traders to share serious information. Before I return to that goal I will instead share 5 minutes with you. You didn't respond to any of my questions-e.g. her supposed insistence on the use of range charts. Why dont you check out all of her videos on Utube--do ANY of them even mention range charts? I like to learn from anyone who has something serious to share--It appears to me that you are here to criticize and to ask for others to share with you the course material they worked very hard to understand, to learn, and are utilizing for the sole purpose of making money ( which I do EVERY week ). Rather than debate you , I prefer to do something constructive--instead I shall go to the the replay of my 2 trades that lost money last week- and see what I did wrong --then I will go to the replay of the 7 that made $ - and see if I did something correctly or just got lucky. As for you - well, your 5 minutes is up! For those who wish SERIOUS information on this topic, check out her free site on Utube - you may like it or you might not-but either way, it deals with fact not fiction

Let state that my review was based on a video Alpha made 5 YEARS AGO! Maybe she swapped the video with another and the levels dont match...I dont Know & frankly dont care...because
I gave details and analysis of the "secret" Alpha methodology, if you did not read or comprehend my post; then, I'm sorry you don't have a understanding of basic Elliott Wave & Fibonacci extentions, theory, calculation and implementation
My review of the tools and techniques Alpha employed, AT THAT TIME, revealed a RUDIMENTARY, at best, level of involvement.

As far as checking out her youtube channel and what Alpha is employing or sell selling now does not interest me one bit; there are those who trade and those who sell to traders. Great, but if one is selling basic Elliott Wave info by renaming it Alpha Wave< well that, my friend, is truly THE FACT of THE FICTION! #suckah punch

This video posted by 'Brad' is a straight copy from the vendor's website, posted by the same guy (Brad). In the interest of transparency, it would have been constructive to actually state that up front, when posting.....or (IMHO) first requesting permission from the FIO administrators.

sienna 

This video posted by 'Brad' is a straight copy from the vendor's website, posted by the same guy (Brad). In the interest of transparency, it would have been constructive to actually state that up front, when posting.....or (IMHO) first requesting permission from the FIO administrators.

Hi sienna, do you have a link as to where exactly the video on the vendor's website is, please?

Sure:
https://fibinstitute.com/fibonacci-trading-institute-reviews/
See the screen with video embedded to the left...a straight copy posted here.

Seems old documentation of Fibonacci trading Institute are being critiqued. Market flow and trading ranges have changed

and so with it, ones strategies. Tweak and improve always as has Alla's strategies.

I started trading live in October 2018 after doubling sim account with her method. Since trading live with 25K account

I have accumulated a net earnings of 345% or 111,369 plus original

25K. My win/loss ratio roughly 85%.

With the addition of new scanner and

software identifying trades is a lot easier plus opportunities have greatly increased.

There are always 2 or 3 quality trades a day but I only need one.


With respect to post about exact fib levels/extension... they are altered numerically in order to scale out of position to insure

profit at decision point 1 and 2. Reversal Zones(never heard them called danger zones) 3,4, & 5 allows a trader

to monitor price action; let runner run. Reversal Zones on a day trading chart would be completely different, compared

to longer term daily chart where reversal zones would have to be respected with greater impact. Zone is not to the tick

but the area.


I also noted reverence to Elliot Waves in post, Alla has never taught anything with respect to Elliot Waves


5 waves, 3 wave, simple, complex ,truncation, wave intersection, Fibonacci retracement levels of wave 2&4, etc.

More importantly my thoughts lead me to trader psychology, the old 80% mind and 20% technic. Alla as a teacher and mentor( more personal relationship)

is one where I believe she really does care and would do anything to help a trader become a success story like mine(within reason)

This will be my final comment on this subject

Ratio of successful trades to unsuccessful trades is better than 65%

Res Ipsa Loquitor

BBarbieri 

I have accumulated a net earnings of 345% [...] My win/loss ratio roughly 85%.

Sounds very much like you are a vendor, or at the very least you are a highly uneducated trader to say something like the above.

As you know, this community prohibits any users that make attempts to hide their identity for the purposes of misleading others. This community also prohibits vendors from making ANY post without first identifying themselves as a vendor, and then subsequent posts must follow our no self-promotion policy.

I've been running this site for over 10 years. I cannot tell you the number of stealth vendors that come on here thinking they can get away with pretending to be regular users and talk up how fantastic their own services and products are. And then I also can't tell you how many of those, once caught, deny the truth. It's a lot.

So, let me ask you plainly --- are you in any way affiliated with this vendor, in any way associated with Alpha Wave, Fib Institute, Alla Peters (or any other aliases he may go by), or in any way affiliated/associated with any of his other companies, products or services? Have you been asked to post here by anyone or for anyone?

Mike

Were those questions for me??

If so--No I am not a vendor

No-no one asked me to Post etc

I am merely a trader who took the courses and benefited from them-- I also taught trading for many years -

Who ever places these posts critizing any program and is unwilling to answer simple questions displays questionable motives in so doing.

I was merely trying to ascertain those motives.

If I have in some way violated your protocall - I apologize.

In the future I shall remain in the shadows - where I am most comfortable.

billk2246 

Were those questions for me??

No, I quoted @BBarbieri's post.

Mike

Big Mike 

No, I quoted @BBarbieri's post. Mike

Hi Big Mike, thank you for saying something on this. That 85% of almost 2 years is the greatest trading I've seen...ever. For the most part a good trader relies on good price action entry and very good $ management skills. At best i've seen about 66-73% win rate with a descent MAE. That 85% is a show me your brokerage records, before you say another word. Thats Jesse Livermore talk.
I took 1 month in her trading room about 7-8 years ago and she reminded me of puretick to the tee! She wouldn't give exact entries but when she had a winner she would let you know. Losers were few and only a few ticks. She would give an area but talk about her system as being exact on entries and targets when she taught. I knew she was a big fib fan but just didnt seem credible even in her 179 month room at the time. Just my 2 cents.
At the time she didn't work a lot off of prior support or levels then look for setups. Today without using market profile levels it would be impossible for me to trade. Today for me its trading to and from balanced areas. Still a huge fan of your trading back in the day. You got me started on that and I just wanted to thank you for it! Hope all is well! Mark

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