Let me clarify a couple things about my review of a Monkinar. The system is a technical analysis system (based on lagging indicators) like numerous other ones. It is based on a signal followed by a confirmation (there is nothing new or novel about this idea--read a book or visit a technical analysis website--it's used in many, many trading systems). I haven't given away any keys to the kingdom in saying that. My claim was that it does not work well out of the box trading every signal/confirmation it provides. You need to either enhance it (e.g. filter out some signals) via other indicators or chart patterns, etc. or via more subjective criteria such as where price might be relative to other things, etc. It may be entirely possible to use it as a basis for a profitable system (however, I still think that 5-10% a day consistently certainly pushes the bounds of believability).
Finally, to all the Monk followers out there reading this, you all need to relax a bit and not be so defensive when someone offers a contrary opinion. This whole everyone who disagrees or questions you is some sort of paid basher with an agenda is way beyond ridiculous. Seriously, let the paid basher thing go. Research it a bit. It's pretty much an urban legend just like most conspiracy theories. Anyway, if your system and ideas are really as good and valid as you claim, you should be able to handle some contrary opinions and doubts.
