Individual customers are eligible for a refund of the purchase price of the Amsterdam Method (minus $50) if a record of 20 Method trading signals, witnessed live (in "real time") by both myself and the customer, fails to show a net profit.
Trading signals don't have to be actual trades, but have to be possible Method trades based on the chart and quote data. They must be obtained from a single market. They must be obtained from a minimum of five individual trading days. It is not necessary for the signals to be consecutive, or to be on consecutive days. The individual signals must be observed live and recorded according to schedule agreement between the customer and myself.
We can communicate by online connections (such as instant messenger), or by telephone.
Trade signals must use real-time Exchange futures quotes on one of these index markets: the E-mini S&P, mini Nasdaq, mini Dow, or mini Russell, in the active month contract. The Method can be used in other markets, but the refund offer will be limited to these contracts.
Setups must be obtained using price charts from a major chart vendor, such as E-Signal, Sierra Charts, FutureSource, Trade Station, or CQG
Setups and signals must be found using the base time frames in the Method.
Setup chart formations must fulfill the conditions described in the Method.
The initial stop-loss price is to be placed according to the Method's instructions.
The record of trading signals cannot include losing signals occurring from extreme market conditions, including terrorist attacks in any major country, financial market crashes, trading halts, or or any event traditionally falling within the category of force majeure.
In the trading days in the record there can be no data gaps or price omissions due to breakdowns in communications facilities, electrical power outages, or any other cause.
The record of trading signals cannot include more than 1 day (per 20 days) in which there was a trading halt in U.S. financial markets.
The record of signals cannot include more than 1 day in which markets closed early due to a holiday.
The record of trading signals can not include unusually flat, lightly traded market conditions - such as those occurring in 'overnight' trade.
Trading signals from the live demonstration cannot be used in the record.
Setups and signals must be found using the correct chart timeframes for the particular market condition as described by the Method.
If a winning price move carries 5 or more ticks (for the mini S&P) in the winning direction, the trade is considered to be at least a break even. If it continues into the winning direction, the Method trade management rules apply on the possible exit price.
The refund offer does not include vague or subjective reasons - "didn't like it", "couldn't use it", etc.
There can be no 'picking and choosing' among the Method signals in an attempt to select signals more likely to show a loss. There must be a variety of signals, buys and sells, and various chart timeframes.
Refund offer cannot be based on reported performance not witnessed by myself, as it is not possible to confirm whether the customer is actually following the Method.
If a single record of twenty Method trade signals is recorded, evaluated, and does not qualify for a refund, the refund offer is concluded. No further refund offers are available.
Observation
of trading record must be completed within one year of the receipt of
the complete Method materials by the customer. Refund offer will
expire on the one year date.
Individual customers are eligible for a refund of the purchase price of the Amsterdam Method (minus $50) if a record of 20 Method trading signals, witnessed live (in "real time") by both myself and the customer, fails to show a net profit.
Trading signals don't have to be actual trades, but have to be possible Method trades based on the chart and quote data. They must be obtained from a single market. They must be obtained from a minimum of five individual trading days. It is not necessary for the signals to be consecutive, or to be on consecutive days. The individual signals must be observed live and recorded according to schedule agreement between the customer and myself.
We can communicate by online connections (such as instant messenger), or by telephone.
Charts and quotes must be from a major FX trading firm's software, based on their actual dealing prices [the Bid], and the firm is to be based in the US, UK, Switzerland, Germany, Japan, Singapore, or Australia, with 1000 or more active customers.
Trade signals cannot be based 'composite' FX quotes, but must be actual dealing quotes. The trading firm's prices must be 'in line' with worldwide prices at the time – no more than 3 pips deviation from average interbank prices.
As several FX firms now offer 2 pip markets in the EUR/USD, bid-ask spreads used in the trade signal record must be 2 pips or less in the EUR/USD and USD/JPY, and 3 pips or less in the others. In the case of temporary widening of bid-ask spreads, the maximum is to be 4 pips EUR/USD and USD/JPY, and 5 pips in the other pairs. There cannot be more than two instances of widening spreads (per 20 days) in the trade signal record, as the occurrence of this varies from firm to firm.
Setups and signals must be found using the base time frames in the Method.
Setup chart formations must fulfill the conditions described in the Method.
The initial stop-loss price is to be placed according to the Method's instructions.
The record of trading signals cannot include losing signals occurring from extreme market conditions, including terrorist attacks in any major country, financial market crashes, trading halts, or or any event traditionally falling within the category of force majeure.
In the trading days in the record there can be no data gaps or price omissions due to breakdowns in communications facilities, electrical power outages, or any other cause.
The record of trading signals cannot include more than 1 day (per 20 days) in which there was a trading halt in U.S. financial markets.
The record of signals cannot include more than 1 day in which markets closed early due to a holiday.
The record of trading signals can not include unusually flat, lightly traded market conditions - such as those occurring in 'overnight' trade.
Trading signals from the live demonstration cannot be used in the record.
Setups and signals must be found using the correct chart timeframes for the particular market condition as described by the Method.
The following conditions are based on possible fill prices according to the chart data:
If a winning price move carries 9 or more pips in the winning direction, the trade is considered to be at least a break even. If it continues into the winning direction, the Method trade management rules apply on the possible exit price.
If a winning price move reaches the "1st Objective" and that number is 8 pips or more in the winning direction, the trade is considered at least a break even. If it continues into the winning direction, the Method trade management rules apply on the possible exit price.
If a winning price move goes significantly beyond the 1st Objective, the initial stop price is moved to the 1st Objective number minus 1 pip (1 pip in the adverse direction)
If a winning price move reaches or surpasses the days' high or low price the hypothetical 'trailing' stop is moved to 11 pips in the 'pullback' direction from the new high or low price (the trading day begins at 21:00 GMT in this case)
The refund offer does not include vague or subjective reasons - "didn't like it", "couldn't use it", etc.
There can be no 'picking and choosing' among the Method signals in an attempt to select signals more likely to show a loss. There must be a variety of signals, buys and sells, and various chart timeframes.
Refund offer cannot be based on reported performance not witnessed by myself, as it is not possible to confirm whether the customer is actually following the Method.
If
a single record of twenty Method trade signals is recorded, evaluated, and
does not qualify for a refund, the refund offer is concluded. No
further refund offers are available.
Emini
trading system and e-mini, also emini trading software.
http://www.invest33.com/fx.htm