Comments on: New EURJPY Trading from Today

By: Goliwg

Goliwg — Thu, 07 Jun 2007 19:12:53 +0000

Hi! nice site!

By: Robin

Robin — Thu, 31 May 2007 15:23:18 +0000

Where will you anounce that the system is available and how much etc? In this blog?

By: Steve A

Steve A — Wed, 30 May 2007 08:36:10 +0000

Hi,
I have a question about the entry points,on this video you show an entry when the lines cross but on some of the other videos you show your entry before they cross,an example is on the dow video which clearly shows entry well before they cross.Do i take this as an entry can be taken if the price closes below the trendlines and entry is a feww pips beyond this.
It would help if you could clarify this before release as it contradicts the mechanical entry.
Thanks in advance
Steve A
United Kingdom

NetPicks Reply: We have two key entry set-ups — one is a reversal set-up — with that we can get in before the cross-over happens — it happens when our overbought/oversold readings are hit — and gives us a calculated exact entry. In those cases we get in early because our odds are high of success — so we don’t have to wait for the cross-over. Those trades start out counter-trend as well so we need to get in a bit earlier in case the trend does not change – we can still succeed wiht the trade. Hope that helps explain it — two very distinct entries -the reversal doesn’t set-up everytime – only when certain conditions are met but it remains mechanical and you’ll always know when to use it. Thanks for the good question.

By: John Hosey

John Hosey — Tue, 29 May 2007 23:03:24 +0000

Hi,
Could we see your system on the S & P emini please.
John

NetPicks Reply: I’ll put it on the request list for this week. Thanks for the suggestion.

By: Lisa A

Lisa A — Tue, 29 May 2007 20:18:54 +0000

I understand the rule for placing your stop i.e. the higher band above the closing candle where you have the crossover, but where do you place your stop when you are re-entering after a pull back?

Thanks
Lisa

By: Reuben

Reuben — Mon, 28 May 2007 19:03:51 +0000

Can you show an example using the forex futures, like EC or BP, etc.? Thanks.

NetPicks Reply: In the next forex video we do I have a note to cover both timeframe and tick, plus show the same session on either the EC or BP so yes, definitely, will get you some examples — should have that posted Tuesday (5/29) Thanks.

By: Steve A

Steve A — Mon, 28 May 2007 11:20:40 +0000

Hi,
I currently use the UTM strategy with a slight variation but am also interested in this method.Can you show some intraday stuff on forex using timeframe aswell as tick charts so those of us who use metatrader can see its full potential.
Looks Promising
Steve A
United Kingdom

NetPicks Reply: Yes, sounds like a good idea. Next forex video we do we’ll show tick as well as timeframe so you can see both. You can definitely use timeframes whether you like to day or swing trade. Thanks.

By: Lisa A

Lisa A — Fri, 25 May 2007 21:52:30 +0000

Just watched the EUR/JPY trade – awesome! I need you badly.
When will this be launched?
How much will it cost?
What training will there be?
Do we get the signals by email alert for the pairs we want to trade?
How does the entire concept come together?
I want to know everything bcs I think it’s the best thing since sliced bread.
Best wishes.
Lisa A
London, UK (forex fanatic)

NetPicks Reply: I’ll try to answer some of your questions. The cost and availability are due to be released very shortly – you will not have long to wait at all. The training itself will be fully detailed but this is going to go well beyond just a basic course — in addition to video training, there will be live, interactive training — in the comfort of your home/office and on a regular (weekly) basis — both helping you learn and then master the strategy. Nothing is better than learning, starting to trade live and then being able to go back over everything and get to a “mastery” level – and that’s what we are committed to doing with this strategy/course. In addition, there will be a full support community of traders just like yourself sharing experiences and timeframes, markets, etc… and daily updates. We are if anything going to do everything we can to over-deliver in these areas. Thanks for your questions and looking forward to having you onboard.

By: Paul

Paul — Fri, 25 May 2007 19:56:40 +0000

I like the way it looks… will it go well with the indicators we have set up with UTM… When will the software be out and how much $$$$ Thanks

NetPicks Reply: I think you’ll find it will be very complementary but I wouldn’t be surprised if it quickly becomes your primary approach. Will be out very soon — promise it won’t be a long wait at all for both availability and price. Thanks.

By: Jason

Jason — Fri, 25 May 2007 15:10:35 +0000

Does your tool provide some kind of scanning functionality to determine which pair (in the case of Forex) has the best setup in relation to your rules on any given time frame (say 55 ticks or whatever)?
In the case of Metatrader will this be just a simple indicator or will there be a program behind it?
Lastly, just how important is entry value? For example, if you say a buy is necessary on GBP/USD for 1.9800 and the spread is 4 pips, should entry be made at 1.9804 (thus being triggered at 1.9800) or will it still be 1.9800 (being triggered at 1.9796) or is that just being to nitpicky?
Thanks.

NetPicks Reply: On your first question we’ll suggest to you what we’ve seen to be the best timeframes for the pairs – in addition, we show you how to determine other ones on any other pair you like to trade — it’s a fairly simple evaluation. With MetaTrader, it will be a set of custom indicators. On the entries – whenever you buy in forex you have to pay spread — so if the entry price is 1.9800 you’d place it at 1.9804 — you have to pay spread in the buy direction. Thanks for the questions.