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What is the Steve Mauro Market Maker Method and How to Use It
The Steve Mauro Market Maker Method is a forex trading strategy that aims to exploit the patterns and behaviors of the market makers, who are the large institutions and banks that influence the price movements of the currency pairs. The method is based on the private study notes from a seminar of Steve Mauro, a forex trader and educator who claims to have over 18 years of experience in the industry.
The Market Maker Method consists of several concepts and tools that help traders to identify the market makers' intentions, anticipate their actions, and trade accordingly. Some of the main concepts and tools are:
The market sessions: The method divides the forex market into three main sessions: Japan/Asia, European, and US. Each session has its own characteristics and behaviors that affect the price movements.
The market maker cycle: The method assumes that the market makers operate in a three-day cycle, where they accumulate orders, manipulate the price to trigger stop losses and trap traders, and then reverse the price to take profits.
The market maker tools: The method identifies several tools that the market makers use to manipulate the price, such as false support and resistance levels, wedges, M and W formations, stop hunts, extended stop hunts, and half Batman patterns.
The counting technique: The method teaches traders how to count the number of candles in each session and each cycle, to determine the stage of the market maker cycle and anticipate the next price movement.
The chart setup: The method uses several indicators and tools to set up the chart, such as candlestick patterns, exponential moving averages (EMA), color-coded sessions, previous highs and lows, average daily range (ADR), pivots, relative strength index (RSI), and traders dynamic index (TDI).
The trade setups: The method provides several trade setups that are based on the market maker cycle and the chart setup, such as the trading zone, the straightaway trade, the second leg M or W setup, the 33 trade, the swing trade, the New York City reversal trade, and the reversal on EMA 200.
The Market Maker Method is a complex and comprehensive trading strategy that requires a lot of practice and discipline to master. It claims to offer traders an edge over the market makers by revealing their secrets and strategies. However, it also involves a high level of risk and uncertainty, as the forex market is influenced by many other factors besides the market makers. Therefore, traders who want to use this method should do their own research, test it on a demo account first, and use proper risk management techniques.If you are interested in learning more about the Steve Mauro Market Maker Method, you may want to check out some of the reviews and testimonials from other traders who have used it. However, you should also be aware that not all reviews are positive or unbiased, and some may be influenced by personal experiences, expectations, or agendas. Therefore, you should always do your own due diligence and research before investing in any trading course or system.
Here are some of the reviews and testimonials that we found online about the Steve Mauro Market Maker Method:
\"I have been following Steve Mauro for a few years now and I can say that his method is very effective and profitable. He teaches you how to read the market like a book and how to trade with the smart money instead of against it. His course is not cheap, but it is worth every penny if you are serious about becoming a successful forex trader.\" - John, a satisfied student
\"Steve Mauro is a scammer who sells a recycled version of the market maker method that has been around for decades. He does not show any proof of his trading results or his students' results. He only shows cherry-picked examples and screenshots that are misleading and deceptive. His course is a waste of money and time. Stay away from him and his fake method.\" - Lisa, a disgruntled customer
\"I have mixed feelings about Steve Mauro and his market maker method. On one hand, I think he has some valid points and insights about how the market works and how the big players manipulate it. On the other hand, I think he overcomplicates things and makes it seem harder than it really is. His course is very long and tedious, and his indicators and tools are confusing and cluttered. I think his method can work for some people, but not for everyone.\" - Mike, a neutral observer
As you can see, there are different opinions and perspectives on the Steve Mauro Market Maker Method. Some people love it, some people hate it, and some people are indifferent. Ultimately, you have to decide for yourself whether this method suits your trading style, goals, and personality. You can also try to find more reviews and testimonials online or contact Steve Mauro directly if you have any questions or concerns. 9160f4acd4