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cfrn's ybr


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cfrn's ybr

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  #1 (permalink)
san antonio, tex
 
 
Posts: 79 since Nov 2014
Thanks: 17 given, 30 received

1st, thankyou all for pointing me in the direction of double stochastics, never would of thought of that on my own.

2nd, does anyone have a clue about christian financial radio network's YELLOW BRICK ROAD ? CFRN sometimes claims it is the easiest most reliable indicator, but I cannot begin to fathom what it is based on.

Thanks again!

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  #2 (permalink)
Wilmington Delaware
 
 
Posts: 21 since May 2019
Thanks: 3 given, 15 received

It is an easy indicator as far as the signal itself, but I don't remember them saying it was the most relaible indicator. It seems to be a pullback to a certain area that causes the signals, as far as I can tell the Yellow line itself is just being used to follow closely above/below price so that you can easily see the signal when it happens. It is a good indicator, but just like any other indicator, it only works well it certain market conditions. There is a set of rules set around those that help keep your edge. The indicators CFRN provides are good and all, but if you don't have the proper mindset (probablistic) and can't follow the rules, then just like any other system it won't seem to work. The real value with CFRN is the mentoring and teaching of how markets work as well as the great community of traders. They are obviously Christian based and it shows especially in Telegram where they chat. Everyone is helpful and you don't get the negativity and name calling etc.. that most other trading forums are full of. Bottom line the value is in the teaching and mentoring much more than the indicators themselves.

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  #3 (permalink)
san antonio, tex
 
 
Posts: 79 since Nov 2014
Thanks: 17 given, 30 received


So I should pay that $5994 just to listen to Dewayne's annoying voice, no thanks!

Their Yellow Brick Road indicator is really the parabolic SARs indicator with .02 .01 settings.

That didn't take long.

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  #4 (permalink)
Wilmington Delaware
 
 
Posts: 21 since May 2019
Thanks: 3 given, 15 received


thailerdurden View Post
So I should pay that $5994 just to listen to Dewayne's annoying voice, no thanks!

Their Yellow Brick Road indicator is really the parabolic SARs indicator with .02 .01 settings.

That didn't take long.

I never said you should pay anything. Why would you judge someone by the sound of their voice as opposed to what comes out of their mouth. I have no issue with his voice, and I find his teaching beneficial. That price comes with a lot more than just DeWayne speaking. It also includes unlimited 1 on 1 mentoring, trade alerts, indicator set, as well as 24/7 access to the CFRN community. I am aware of what the Yellow line is, but it's the red and blue sections on that line that give the signals. That is what I was referring to in the post I made. If Warren Buffet offered a trading course for double the price you quoted, most wouldn't bat an eye at that. DeWayne and Michael put a lot of time and effort building up their trading business and are entitled to charge a fee for their services. Good luck and I hope you find success in your trading journey.

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  #5 (permalink)
san antonio, tex
 
 
Posts: 79 since Nov 2014
Thanks: 17 given, 30 received

Are you actually successful with CFRN's package? I see that you comment on other strategies, so which has worked best for you?

I hate it when Dewayne draws trend lines, and Fib retracements. I hate trend lines and Fibs. Everyone comes up with these arbitrary trend lines. And everyone's support/resistance bs shows the price either stopping or blowing right past it.

So it's not just Dewayne that annoys me.

What I'd gladly pay for is, "Hillary's Live Cattle Futures Trading Secrets". Warren Buffets secrets is next, but it is a distant second.

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