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  • Post #801
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  • Sep 5, 2019 1:04am Sep 5, 2019 1:04am
  •  josi
  • Joined Aug 2019 | Status: Member | 373 Posts
Quoting TheSpoof
Disliked
{quote} Yes...August was a nasty month all around - should have taken it off. This system may be profitable if traded in trending conditions with defensive money management and patience. /
Ignored
I don't want to hurt your feelings, but:
Actually, as I have stated before, the only thing you needed to do. was: choose the right currency pairs in AUGUST (i. e. the trending ones).
Basically you could have made money with all NZD pairs, above all NZDUSD.
It never was the month - it never was the system (any working system will do...):
it always is and was lack of analysis BEFORE you entered a trade.
You only have to look at all the pairs in August to see that I am correct in saying so.
But the truth isn't interesting, it's beliefs that you are dealing in...
So - you can ignore me now...
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  • Post #802
  • Quote
  • Sep 5, 2019 1:30am Sep 5, 2019 1:30am
  •  neil001
  • | Joined Aug 2014 | Status: Member | 130 Posts
Quoting josi
Disliked
{quote} I don't want to hurt your feelings, but: Actually, as I have stated before, the only thing you needed to do. was: choose the right currency pairs in AUGUST (i. e. the trending ones). Basically you could have made money with all NZD pairs, above all NZDUSD. It never was the month - it never was the system (any working system will do...): it always is and was lack of analysis BEFORE you entered a trade. You only have to look at all the pairs in August to see that I am correct in saying so. But the truth isn't interesting, it's beliefs that...
Ignored
Amazing to see hindsight work so well!!!!
  • Post #803
  • Quote
  • Sep 5, 2019 1:38am Sep 5, 2019 1:38am
  •  josi
  • Joined Aug 2019 | Status: Member | 373 Posts
Quoting neil001
Disliked
{quote} Amazing to see hindsight work so well!!!!
Ignored
hindsight always works
but my point was: you didn't need hindsight at all - because if you take the time and go through all currency pairs and GOLD and SILVER....
you will find that they didn't need hindsight - they were trending BEFORE August started
a) you see a pair is trending
b) you take only with-trend trades
c) you take those trades until there are clear signs that the trend is over (TL-break; test of old extreme etc)
d) when the trend is clearly over (i. e. range) you move to another pair that is trending
But that was my last contribution - you just go on blaming the month and ease yourself out of thinking by calling everything hindsight that never needed any hindsight....
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  • Post #804
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  • Sep 5, 2019 4:28am Sep 5, 2019 4:28am
  •  olisavictor
  • Joined Oct 2008 | Status: Member | 98 Posts
Quoting josi
Disliked
{quote} hindsight always works but my point was: you didn't need hindsight at all - because if you take the time and go through all currency pairs and GOLD and SILVER.... you will find that they didn't need hindsight - they were trending BEFORE August started a) you see a pair is trending b) you take only with-trend trades c) you take those trades until there are clear signs that the trend is over (TL-break; test of old extreme etc) d) when the trend is clearly over (i. e. range) you move to another pair that is trending But that was my last...
Ignored
This is an eye opener, when the market is quiet you scan for pairs are already trending and go with them. This will of course save you from making wrong calls. I never thought it this way before.
  • Post #805
  • Quote
  • Sep 5, 2019 4:37am Sep 5, 2019 4:37am
  •  neil001
  • | Joined Aug 2014 | Status: Member | 130 Posts
Quoting josi
Disliked
{quote} hindsight always works but my point was: you didn't need hindsight at all - because if you take the time and go through all currency pairs and GOLD and SILVER.... you will find that they didn't need hindsight - they were trending BEFORE August started a) you see a pair is trending b) you take only with-trend trades c) you take those trades until there are clear signs that the trend is over (TL-break; test of old extreme etc) d) when the trend is clearly over (i. e. range) you move to another pair that is trending But that was my last contribution...
Ignored
And you missed my point...........making that statement AFTER it has happened is hindsight and therefore has ZERO credibility. BTW - i never lost anything in the month so not sure what you are referring to (refer picture).........but next time you want to be clever - call something before it happens!!!
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  • Post #806
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  • Sep 5, 2019 9:40am Sep 5, 2019 9:40am
  •  TheSpoof
  • Joined Oct 2017 | Status: Member | 634 Posts
Quoting josi
Disliked
{quote} I don't want to hurt your feelings, but: Actually, as I have stated before, the only thing you needed to do. was: choose the right currency pairs in AUGUST (i. e. the trending ones). Basically you could have made money with all NZD pairs, above all NZDUSD. It never was the month - it never was the system (any working system will do...): it always is and was lack of analysis BEFORE you entered a trade. You only have to look at all the pairs in August to see that I am correct in saying so. But the truth isn't interesting, it's beliefs that...
Ignored
You are correct in that this system works only in trending conditions. I made a case for the pairs I trade so I was not looking at the NZD pairs. I didn't discover the fact that this system fails miserably in ranging conditions until it was too late. RH never made any direct mention as to other forms of analysis beyond just taking the trade signals that the indicators give - like flying an airplane solely with instruments I believe was the analogy. I made a horrible mistake (again) thinking that trading could be done on indicators alone. If people are going to continue to trade this then I would suggest only finding those pairs that are trending (by what ever means you want to use to define a trend) and only trade signals in the trend direction.
Emotion - it steals your money.
Swift Trade All Time Return: 7.8%
  • Post #807
  • Quote
  • Sep 10, 2019 2:12pm Sep 10, 2019 2:12pm
  •  kofix11
  • | Joined Dec 2011 | Status: Member | 626 Posts
Quoting TheSpoof
Disliked
{quote} You are correct in that this system works only in trending conditions. I made a case for the pairs I trade so I was not looking at the NZD pairs. I didn't discover the fact that this system fails miserably in ranging conditions until it was too late. RH never made any direct mention as to other forms of analysis beyond just taking the trade signals that the indicators give - like flying an airplane solely with instruments I believe was the analogy. I made a horrible mistake (again) thinking that trading could be done on indicators alone....
Ignored
How about to include a relativ strength inticator? Just to see which pair to focus on.
  • Post #808
  • Quote
  • Sep 10, 2019 8:37pm Sep 10, 2019 8:37pm
  •  dcdax
  • | Joined Feb 2017 | Status: Member | 46 Posts
You dont need any indicator to find a trend . Just look after a HH or LL in daily chart and use the Tmms ozi in 4 hour chart as entry point. But better is to wait for retracement after the 4 hours chart signals , because the most time its retrace before finally go to the main trend . I also have high winning percentage with this system .

Regards
DC
1
  • Post #809
  • Quote
  • Sep 10, 2019 8:55pm Sep 10, 2019 8:55pm
  •  dcdax
  • | Joined Feb 2017 | Status: Member | 46 Posts
LIke in attached chart > use one day chart to find the trend and switch 4 hours chart for a entry
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  • Post #810
  • Quote
  • Sep 10, 2019 9:05pm Sep 10, 2019 9:05pm
  •  dcdax
  • | Joined Feb 2017 | Status: Member | 46 Posts
as i say the signal is very accurate but always face a retracment which is for a single entry not so good. Thats why i split it up in multi entries and build up my positions and let him run till next daily SR line . If he hit the next daily SR so i get my 2 to 1 or 3 to 1 Target .
  • Post #811
  • Quote
  • Sep 11, 2019 12:17am Sep 11, 2019 12:17am
  •  kofix11
  • | Joined Dec 2011 | Status: Member | 626 Posts
dcdax thanks!
How to get three colours on TMMS Osc?

Edit: Sorry, I got it but do you use different settings than RSI 14, Stoch 8,3,3 / 14,3,3 ?
  • Post #812
  • Quote
  • Sep 11, 2019 12:40am Sep 11, 2019 12:40am
  •  dcdax
  • | Joined Feb 2017 | Status: Member | 46 Posts
I use the originale TMM which uploaded from Spoof , i didint change any settings .
  • Post #813
  • Quote
  • Sep 11, 2019 12:42am Sep 11, 2019 12:42am
  •  dcdax
  • | Joined Feb 2017 | Status: Member | 46 Posts
i just only change the candle into black instead gray .( because my background color is grey )
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  • Post #814
  • Quote
  • Sep 11, 2019 12:54am Sep 11, 2019 12:54am
  •  dcdax
  • | Joined Feb 2017 | Status: Member | 46 Posts
I think its was a wonderfull idea from spoof to start the stread with TMMS and josi got the point to find a trending pair to use the TMMS. And this system is really easy to manage . Every morning u just look in daily chart for a start or a retracement candle in the TMMS if u find one then goto 4 hours for get a start or retracement candle in the trend direction. You just need take care for the 4 hour retracement . As i say i use multi entries to avoid a big draw down . Very often when u see a signal in 4 hour chart there will be a retarcement before goes into the big trend . I add my position during this retracement and at the end i have a better price compare to the starting 4 hour signal candle .
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  • Post #815
  • Quote
  • Sep 11, 2019 1:01am Sep 11, 2019 1:01am
  •  dcdax
  • | Joined Feb 2017 | Status: Member | 46 Posts
I expect the price and target will reach the first SR of 1.09685 then i have profit of 2 R but sure i will let him try to break and get the next SR 1.10261 . If i see he cant break then i go out with 1R .
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  • Post #816
  • Quote
  • Sep 11, 2019 3:32am Sep 11, 2019 3:32am
  •  dcdax
  • | Joined Feb 2017 | Status: Member | 46 Posts
Sorry to forget to mention that finding a trend u need to understand to find a ABCD pattern . Also its not just a TMMS signal in daily chart is enought for a Trend signal . I always look into the 4 hour chart for a evidence that im not in a ranging . Like my 4 hours chart i saw clearly a ABCD which ensure i was not in a ranging market then the TMMS signal in 4 hours was a go to build positions and my target was the D line. What important is that the 4 hours signal go candle need to break the last SR line and close above. So guys u see its not just TMMS signal and go .......
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  • Post #817
  • Quote
  • Sep 24, 2019 7:24pm Sep 24, 2019 7:24pm
  •  Shazzie
  • | Joined Sep 2019 | Status: Member | 24 Posts
Quoting TheSpoof
Disliked
Welcome traders. I hope this journal will provide you all some value going forward. I have plans to really step things up a notch compared to what is normally done on these threads. I am seeing the same things over and over that are keeping traders in the red and I want to address those things to hopefully turn people's trading around.
Ignored
Thank you Spoof!! I’m following you and RH, and hopefully I will get better and better with my trading! Appreciate you guys so much for doing this!!
Never Givin' Up..
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  • Post #818
  • Quote
  • Oct 22, 2019 3:38am Oct 22, 2019 3:38am
  •  salimc
  • Joined Jan 2012 | Status: Trader | 1,240 Posts
Hello Spoo, dcdax & fellow traders,
Why the thread is silent after 25th September? Does it mean that you are you all consistent in your trade?
Best of luck.
  • Post #819
  • Quote
  • Last Post: Nov 11, 2019 1:30am Nov 11, 2019 1:30am
  •  fxnooob
  • | Joined Sep 2019 | Status: Member | 9 Posts
Hi I am new here and still reading the thread. What happened to the videos in youtube channel? I think those are removed.
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