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Blue Wave Trading


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Blue Wave Trading

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  #1 (permalink)
Chicago
 
 
Posts: 60 since Jun 2009
Thanks: 0 given, 17 received

Is anyone familiar with the Blue Wave Trading setup?

Is there anything similar to what they offer in terms of indicators, etc?

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  #2 (permalink)
Prague
 
 
Posts: 23 since Aug 2009
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I did a trial of it once they pretty much have the same stuff as is on here and NT forums. They may have worked out better settings or something but it didn't seem worth what they charged for it.

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  #3 (permalink)
Georgia
 
Experience: Intermediate
Platform: Ninja
Broker: AMP/CQG
Trading: ZN, ES, FGBL, FESX
 
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Posts: 129 since Jul 2009
Thanks: 774 given, 109 received


Trust me....you will get everything you need for free off of this site and it will be even better....DO NOT PAY FOR SOMETHING YOU CAN GET FREE HERE!!!!!! PM, if you have any specific questions you want answered. I was a FORMER user of BWT

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  #4 (permalink)
london uk
 
Experience: Beginner
Platform: NinjaTrader
Broker: Zen-Fire
Trading: Stocks
 
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Posts: 409 since Jun 2009
Thanks: 333 given, 120 received

You prob tried this already, if not here is the same question I asked as well



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  #5 (permalink)
London
 
Experience: Intermediate
Platform: ninjatrader, multicharts, MT4
Broker: IB, PFG Best
Trading: 6E, EMD, TF
 
Posts: 258 since Jul 2009
Thanks: 110 given, 152 received

I have spent a fortune on all kinds of systems books training, etc In the end all it did was cloud my vision and stopped my brain from working. The best thing you can do is keep all that money for your trading account and learn to use the information that price action is giving you. The advice here from all these great people is much more valuable than any system you can buy. you could also visit forex4noobs.com where you can learn more about trading without indicators

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  #6 (permalink)
NY
 
Experience: Advanced
Platform: Esignal, MBT navigator
Trading: Currencies
 
Posts: 2,526 since Jun 2009
Thanks: 1,396 given, 2,576 received

I agree with Yiman . Bluewave and any other educator will sell you a seat in their classroom to show you how they trade but if your focus is on indicators and price action comes second to you then you can never succeed , sorry .

I have spent plenty to be taught how to trade and sampled every indicator and method there is and then found that by first recognizing price formations and patterns you will discover that their repetition is very real and happens over and over again .

Only then did I realize that applying indicators that quantified price action and confirmed entries and exits could I use indicators to make money .

My suggestion is to read and understand a book like " Trade chart patterns like the pros " by Suri Duddela , its much cheaper than a $3000 course and will help you develop a method on your own that you will understand and enjoy a lot more than the rules set forth by an educator .

Hope this helps .

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  #7 (permalink)
Chicago
 
 
Posts: 60 since Jun 2009
Thanks: 0 given, 17 received

i'm mostly intrested in the indicators they use just to see what they're doing.... not too concerned about his setups or any of that stuff

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  #8 (permalink)
Crete, IL/USA
 
Experience: Intermediate
Platform: NinjaTrader, Mt4
Broker: Tradestation/Tradestation, NinjaTrader, FXCM and Tallinex
Trading: ES, CL, EUR/USD, TF
 
spinnybobo's Avatar
 
Posts: 181 since Aug 2009
Thanks: 103 given, 56 received

Hi FESX,
I like the eco2 and mike super trend. but do we have free indicators on this site that have that divergence thing BWT has----I think it is bollingerband ma divergence of some sort that gives diamonds as it happens. This is a good trigger.
thanks
Spencer

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  #9 (permalink)
FL
 
Experience: Intermediate
Platform: NinjaTrader
 
Posts: 2 since Nov 2009
Thanks: 3 given, 1 received

I know this is my first post which may seem suspicious but i am more of a lurker any way. I own and use some of the BWT indicators every day and on almost all trades. I agree that having traded now for about 5 years I can trade without them, but it has been a great tool for learning set ups, pull back, trends, and reversal points. I would say if youre newer to trading and cant find similar indicators free, and you can throw out 3k, i think they are worth every penny. just sayin, really helped me learn. I never joined any chat rooms or bought the autotrader, although i do like the auto trader. When i leave my screen for a while, i can come back look at the BWT and get a pretty good idea what set ups i should look for next.

Just my 2cents.

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  #10 (permalink)
MIAMI,FL
 
Experience: Advanced
Platform: NinjaTrader
Broker: Private
Trading: Zn,6E,6J
 
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Posts: 1,060 since Jun 2009
Thanks: 624 given, 3,900 received


if you never bought the auto trader then how do you like it???sharky

KILLING THE MARKETS DAILY
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