Forex Profit Predictor

too much money i think its another one

A rehashed Hurst cycle indy

I dont have it but with new data coming in every min how can it NOT repaint its future predictions? Anyone care to explain it or have it and watched it.

I didn’t take John Rawlins’ word for it but went on to Futures Magazine to check the previous predictions.

Well, some of the predictions were spot on, but some were quite the opposite to what happened.

For instance, in the article published 1/16/2010 John Rawlins stated that:

“an analysis of this weekly chart indicates that between now and the end of April 2011, we will take out the July lows and push towards 975 in the S&P, and then see a rebound to the 1050 area by September of 2011.”

So what happened? S&P didn’t go down a bit, but rather went straight up to a new top in April 2011 and then turned sharply downwards. Quite the opposite! In the following article, of 12/1/2010 John repeats the same prediction.

Which therefore proves that his predictions are purely random. Sometimes he gets lucky, though. Not so surprising though, beacuse how could you predict a cycle curve for the next year or more? It’s hard enough to try to predict what will happen tomorrow, or the next hour. I think, since John has spent 30 years convinced that there is some inner soul in the markets, that could be predicted with some “rocket aerospace formulas”, there is no way he can let go of it.

I thought it looked interesting but, as so often, the hard truth comes down hard on the true believers hoping for the holy magic.

I think it is too expensive to try , just for a price action indicator!

I own this product, And i will be asking for a refund.

They sent this signal yesterday, Today it was stopped.

FPP TRADE ALERT

Buy USD/JPY at 76.30. Stop at 76.03. Target Price is 76.89.

Also looking at this indicator it does not seem to predict much at all. The trend is up for the next 30/30 minute bars, as you are watching it you are saying its going opposite to what his new indicator is saying and sure enough the PP Indi is sloping up at the time the price falls 20 to 200 pips.. I have written on forexfbi also.