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I went to the webinar yesterday. Much of it is the old familiar Woodie's CCI with some new fancy colors and b/g coloring.
The "WoodiesBars" according to him were orignally done by rjay. He has had somebody at Microtrends further develop them "according to his specs".
He seems very paranoid about someone stealing his idea. You have to be in the room ($99.95/month) to see the system. If you want the software, the lease is $199.95/month, but you also have to continue to pay the monthly room fee or you can't have the software.
If anybody joins the room, would be interested to hear your opinions. I know that some people think Woodie walks on water, some think he is the devil. I really don't care, I just want to know if he may have come up with a tradeable system.
Well, my curiosity got the best of me, and I bought a month in the room. It was amazing. It is kind of like dealing with the airlines. There is a constant push by the mods to use PFG for a broker. There is a guy who will teach you how to use the Woodie stuff for $60/hour. There is another lady who teaches head stuff for a fee and the mods are pushing people to her.
They are so secretive about their new charts and strategy that they are afraid to say anything helpful. When asked which one of the setups works best, "....Woodie won't let us say". When asked about stops and targets, "....you have to figure that out for yourself". When asked for some place to study and read about the new charts, "....Woodie will not allow any written material on his new stuff".
I give up. Don't they know that if you put this stuff out there in any form, it is no longer a secret? They only thing they accomplish is making it harder for the people who pay.
My advice, don't waste your time or money. Just my humble opinion.
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I will put up a better renko chart to see how it compares. I did not lease the software, but they broadcast charts on 4 different symbols in the chat room, and I should be able to tell.
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