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TMT Scalping System

  • #1,481
  • Edited 2:55am Jan 17, 2019 2:11am | Edited 2:55am
Quoting JackintheBox
{quote} Hi...I can understand your behaviour. Pollen only posts his profitable trades. The truth lies as always in the mix,- unfortunately no one show all trades so you could see that his market egde is around 1.2 (1 you lose, 1.2 you gain). Due to his tight TP expect a hitting quote of 40-55% correct, rest is hitted by SL,- even if he posts only winnings here . As always with automated systems: You have to now the market you are trading in: Swings in Pips, normal hours, news time, struggle, unbalanced market behaviour (see GBP/USD currently)...


and he's not using template from 1st post,so his charts,with this pipe paid indicator............

edit> and it would be nice and helpful to post charts with same indicators and candles like they used in post #1.
with loosing and winning trades.Otherwise this threads means nothing.
That's apply for everybody.
Whether you think you can, or you think you can't,you're right. H.F.
  • #1,482
  • Jan 17, 2019 3:14am Jan 17, 2019 3:14am
EURCAD watching for buy signal on 5M TF. Anybody is watching too?
Whether you think you can, or you think you can't,you're right. H.F.
  • #1,483
  • Jan 17, 2019 3:20am Jan 17, 2019 3:20am
Quoting Simply-Me
{quote} and he's not using template from 1st post,so his charts,with this pipe paid indicator............ edit> and it would be nice and helpful to post charts with same indicators and candles like they used in post #1. with loosing and winning trades.Otherwise this threads means nothing. That's apply for everybody.
i think we should report it to moderator, and let them investigate if there hidden commercial contents in his post or not.
OP was countless time giving warning to only use indicators on post 1.
"Hope" is dangerous word in trading, trade what you see not what you hope!
  • #1,484
  • Jan 17, 2019 4:19am Jan 17, 2019 4:19am
Quoting Simply-Me
EURCAD watching for buy signal on 5M TF. Anybody is watching too?
no trade on this one now.
Whether you think you can, or you think you can't,you're right. H.F.
  • #1,485
  • Jan 17, 2019 4:47am Jan 17, 2019 4:47am
Quoting Kadosh
Wow!!!! -30 pips))) according to the rulles)))) all entries)))) I like this system))) {image}
Hi Kadosh,
I also use this system. Looking at your post there are a few things I would like to point out, and please, I am no expert.
Firstly, you traded in GBPUSD. At this point in time nobody should trade any GBP pairing as far as I am concerned. The Brexit issue is making any GBP trade a gamble. Any moves in the currency can be very sudden and totally against (or with) what the TMT system will make you think is the right trade.
Secondly, I use TMT in conjunction with other systems that shows me more what the longer term situation of any specific pairing is. For instance, if I see a potential setup on TMT for a specific currency pairing, I go and look at my pivot chart and Fibonacci chart to see where that pairing is standing on the higher Timeframes. It just gives me a better feel for whether the TMT shows me something that is more or less in line with what the trend of the pairing is.
Thirdly, I also keep my eyes on news articles. For instance earlier this week I was looking at a setup for EURCAD, if I remember correctly. Then I saw an article that said that it seems it could drop even lower than it did. I avoided that trade and later on saw that I would have made a loss if I decided to go ahead with it.
Although some of my actions doesn't really matter for scalping, it does give me a better 'feel' for whats going on and whether I am taking chances or whether I am trading sensibly.
Lastly, keep an eye on news events. The current G20 meetings have an impact on what happens with prices. My 'feel' of the market this week so far was that it was not an easy market to trade in, unlike some other weeks. Not that it ever is easy !!
Just my 2 cents. Happy trading.
  • #1,486
  • Jan 17, 2019 11:30am Jan 17, 2019 11:30am
Hi guys

i have no trade today,
there were some profitable setups on GBP, but need to settle first
TMT Scalping System (Best system on FF)
  • #1,487
  • Edited 12:17pm Jan 17, 2019 12:00pm | Edited 12:17pm
Attachment g
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSD 1 17 19 TMT MANUAL TRADES 3.png Size: 75 KB
  • #1,488
  • Jan 17, 2019 1:56pm Jan 17, 2019 1:56pm
Managed to squeeze out another 8 pips or so at the top here, but it may go up more since MFI and RSI are still not signaling overbought. This really is a very nice manual system being simple, clean, and effective. If you have any favorite indicators, system, or even a plurality of systems as I do, I humbly recommend you add those to this great foundation. They will not contradict one another I'm certain and may give you extra confirmation and most importantly extra confidence. That said the author has said "tweaks" are alright, but no commercial talk etc. so that the template will evolve into bowls of spaghetti and a bunch of different custom indicators. By the way, the ADX indicator I showed is a default MT4 indicator, but it may as well have been stochastic or whatever works for you. From here on out I will abide by the originator's wishes and only post the "basic" template which is good enough to trade standalone. ...Just stay out of major news and shaky fundamentals.
Oh and to be clear, I do not actively trade this system, but am impressed by it's simplicity and effectiveness. If I were to manually trade again, I would certainly use this as my foundational template.

Edit: When I started writing this, overbought condition wasn't present now is and so OUT. Peace out.
Attached Image (click to enlarge)
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  • #1,489
  • Jan 17, 2019 9:46pm Jan 17, 2019 9:46pm
Quoting catman1
Managed to squeeze out another 8 pips or so at the top here, but it may go up more since MFI and RSI are still not signaling overbought. This really is a very nice manual system being simple, clean, and effective. If you have any favorite indicators, system, or even a plurality of systems as I do, I humbly recommend you add those to this great foundation. They will not contradict one another I'm certain and may give you extra confirmation and most importantly extra confidence. That said the author has said "tweaks" are alright, but no commercial...
those were the profitable TMT setups on GBPUSD yesterday, but personally did not did not trade them
TMT Scalping System (Best system on FF)
  • #1,490
  • Jan 17, 2019 9:52pm Jan 17, 2019 9:52pm
EU ATM, could go either direction.

Attached Image (click to enlarge)
Click to Enlarge Name: POL-EU-4.PNG Size: 32 KB
TMT Scalping System (Best system on FF)
  • #1,491
  • Jan 18, 2019 12:37am Jan 18, 2019 12:37am
M5 EURUSD

Good Morning Altogether.

IMHO:
TMT-Setup were possible..........

WaitingTime

All the Best
vvm
Attached Image (click to enlarge)
Click to Enlarge Name: 18.01-M5-2.png Size: 50 KB
PA Trading with EMAs & common Sense
  • #1,492
  • Jan 18, 2019 10:08pm Jan 18, 2019 10:08pm
Chart review

GBPUSD Yesterday

Attached Image (click to enlarge)
Click to Enlarge Name: POL-GU-3.PNG Size: 32 KB
TMT Scalping System (Best system on FF)
  • #1,493
  • Jan 19, 2019 11:08pm Jan 19, 2019 11:08pm
High volatility but a good scalping week!

Hope you guys made good tmt profits
Profit is on the other side of your mind
  • #1,494
  • Jan 20, 2019 2:08am Jan 20, 2019 2:08am
Hi TMT traders! I have read all the pages and I'm going to test this system but I don't really understand how to put the trendline when pullback.

6. Draw TrendLine from highest swing

Whats mean?

I draw a trendline from highest swing with some "secret" angel or I draw with a random angle?

Thanks if someone can explain in "candle level" how I draw
  • #1,495
  • Jan 20, 2019 10:06pm Jan 20, 2019 10:06pm
My first trade, still run. I have put trendline in after hand when I see a possible setup
Attached Image (click to enlarge)
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  • #1,496
  • Jan 20, 2019 11:34pm Jan 20, 2019 11:34pm
Quoting Toppi
My first trade, still run. I have put trendline in after hand when I see a possible setup {image}
looks good
TMT Scalping System (Best system on FF)
  • #1,497
  • Jan 21, 2019 12:22am Jan 21, 2019 12:22am
Went long on EU

Attached Image (click to enlarge)
Click to Enlarge Name: POL-EU-7.PNG Size: 35 KB
TMT Scalping System (Best system on FF)
  • #1,498
  • Jan 21, 2019 2:37am Jan 21, 2019 2:37am
Quoting Pollen
Went long on EU {image}
Scalp closed with 10pips profit
TMT Scalping System (Best system on FF)
  • #1,499
  • Edited 6:12am Jan 21, 2019 4:32am | Edited 6:12am
The first pic, I have put trendline. Is this correct?

Next pic, I get a breakout from trendline, I take short

The last pic, I lose trade
Attached Image(s) (click to enlarge)
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  • #1,500
  • Edited 8:20am Jan 21, 2019 6:32am | Edited 8:20am
One more pullback/trendline/breakout

Next pic. New pullback, add one more EP

Last pic, close trade
Attached Image(s) (click to enlarge)
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