Tenno system

Yes, i did,, I took this trade get in buy at 2.0008 and T/P at 2.0019

patrick,

It was an easy trade. I always trade the 5 minute chart and nothing else.

There were actually two hammers, side by side that formed during the previous time frame I just told you about and both were under 20% william man.

One hammer, like I said before, occured at 1:55am central and the other formed at 2am central/3am est and both were less than 20% william range.

It was so easy...

ct

Pat,

What I mean when I say 10 full pips is when the market moves 14 pips, but due to spread of 4 pips, I only get 10 pips profit...

But, the market has to move 14 pips before I get my full 10 pips profit..

ct

Folks,

Well, have a great night...it's 2am central time, and it's time for me to get to bed...

talk to you guys later..

ct

All,
Good trading guys, talk to you guys later. Two winning trades tonight, 27 pips. Thank you for your help CT.

Bye CT... have a nice dream..
we are on different side of the globe...
so... i just start my trading now...
regards,

pip warrior,

One thing about trading is that we traders have all got something in common. We all want to profit...

One reason why I am moving to Hawaii next month is because I will be able to trade from 7pm-9pm instead of 12am-2am like I'm doing now.

In hawaii, I'll be able to trade right before bedtime, but after supper time, and still be in bed and wake up at 6am or 7am every morning.

It'll be a wonderful setup for me...

ct

Gang,

I decided, today, to go ahead and trade the U.S session. I wanted to see if I would see the same signals that I see, nightly, during the european session. I also wanted to see if there would be a signal within the first two hours of the U.S market between 6am-8am central time or 7am-9am Eastern time.

Well, I did and took advantage of it. At 6am central/7am EST the market gave one of the best hammers you could possibly imagine. I sold market at 2.0135 and exited the market at 2.0121 level for 10 full pips. The trade lasted me less than 15 minutes. That was pretty early during the session, so I thought I would wait to see if there would be another trade within the hour.

Well, lo and behold, at 6:45am central time or 7:45am Eastern time, the market gave out a perfect doji and the william was well below 20%. So, I bought market at 2.0109 and exited at 2.0123 level for 10 more pips. That trade took me 10 minutes to accomplish.

Overall, I made 30 pips today trading two session. I don't trade the U.S session that much, but I decided to do it today because I had nothing else scheduled for the morning.

I love trading, but I'm not motivated enough to trade two session; since my only motivation is to get 5-10 pips per day. But, sometimes, I do get impulsive and wound up getting alot more than that...

CT

gang,

watch for the upcoming opportunity.

ct

Hi CT,
I got my 10 pips. What a candle.

Folks,

I just told you, and I'm not sure how much easier it can get, a few minutes ago to watch out for an upcoming opportunity because the market was heating up.

Well, guess what? At 12:05am CT/1:05am EST the market gave off a perfect 'doji' and the william % was well below 20%. So, what do you do? You buy of course. I mean, how much easier can it get?

I bought mkt at 2.0128 and exited a few minutes ago at 2.0142 for 10 pips! It took less than 5 minutes to get that.

I'll wait for one more opportunity and then call it a night...

CT

pat,

that one was pretty easy. I wish the market formed the same candle, as fast as it did every night..hehe

ct

folks,

The market is beginning to overstretch itself, and there's going to be another opportunity coming up.

Keep your eyes peeled and concentrate....

ct

CT,
Do you think some of the big boys are playing the same thing what we are doing every night.

Pat,

Not only are the big boys, like Bank of America(who averages over $800 million a year in profits) are doing what we are doing; but there are mutual funds and hedge funds companies out there that are buying and selling a billion dollars by the minute my friend.

This market is so vast and deep until you cannot possibly comprehend it all. And, even if you could, one person, no matter how many lots they bought or sold in one clipping, could NOT move this market one single pip!

CT

I've just joined this forum and I've been going through the tenno system from jogjatrader. Yes, it works. And like CT said, it's all about your trading style. Whether the system works for you, you are the only one who decide it. I've made my 20 pips from short position at 2.0178 when William showed above 20. Looking at the candlestick, I know when to exit my position. My compliment for jogjatrader who shared his idea. I just adapt it to my trading style...
CT, keep on posting man... There are lots of good things happen when someone share their experiences, whether it's good or bad.

Guys,

I don't know what to say or how to say it simpler...

After that initial blast to the upside and then the market coming down(retracement), I saw two hammers form, that were not below or above 20% or 80% william, but those hammers truly represented a sentiment to NOT continue to the downside since they were part of a retracement.

I knew this small detail and because of this I went ahead and bought market at 2.0148 and exited at 2.0162 for a full 10 pips.

This trade took less than 5 minutes and was a tricky trade if you don't have a good grasp of the knowledge of the force of the market.

Anyone, who has been trading for years could see this uptrend once the retracement was over with and the market began to climb back up.

How much further will it go up?

I have no clue. All I know is that I got my 10 pips, I was on the correct side of the market, and the dumb money went home cryin to momma...

Well, that's it for me folks; 20 pips and a good night sleep is the doctors order...

Talk to you guys tomarrow...

CT

free,

So far, I'm 46 for 46 for 10 or more pips every single day bro with the exception of not trading on the day of Non-Farm Payroll. There's no luck in that, no matter what!

Luck is understanding an opportunity and then pulling the trigger to get the end result(profit).

I'm glad you're using jogjatrader as a guide to better your trading account.

Have a great night,

CT

Well... Looks like I'm now trading against the trend. While sidus shows uptrend, I short again at 2.0183 and again, guess what, it went down and touched my TP at 2.0173. Hehehe... I'm gonna catch pips by pips today...

Too soon to close it. Now it's heading 2.0147. :surprised Going down...
But I'm gonna catch it at the bottom.