The first seminar is also crap but decided not to complain about it. And yes, its just a 20 Moving Average on daily candles combined with a MACD Histogram (5-25-5 on settings)
I made some photos on the workbook and uploaded them - mega(dot)nz/folder/0d1U2aTC#LMj-EM63dMMfPFV5nlDyfA - just replace the (dot) with a dot
You find pivot points on any platform, its an indicator but Sandy teaches how to calculate them manually (see the formulas in the link) - he just does that to make it seem more fancy and make it seem like he knows old secrets, he keeps repeating that “real knowledge is ancient and ancient knowledge has been taken away from you” - but that’s crap again, old stuff doesn’t work in trading because is old, prices are now driven by AI Algorithms that don’t care about indicators and formulas. They only care about profits, balancing price and running after liquidity pools.
Psy numbers are round numbers, like 100, 50 and there is a theory that price reacts to them because people use them a lot. But maybe it was true 20-30 years ago when charts were on papers only. He will not show you how to exactly use them to trade, like how do you entry and where you take profits. He just talks nonsense, tells stories and quotes.
Some good work about psy numbers has been done by Ilian Yotov check his Quarters Theory book. Its interesting
But again: from “price reacts to those numbers” to “how do I use this to make money” is a big gap and he will not fill it. Also I didn’t find no one online to fill it because the theory is useless. If someone calls this a strategy then we can call him a scammer.
I did backtesting for months on those things. I used to dream charts every night and couldn’t sleep. I know what I’m talking about and did all my homework before talking. I am not a failed trader, I am a successful one , but not because of this crap.