TMT Scalping System

today the market was very choppy, i think it is bad condition for this system.

i also get loses. but its part of it. Ranges are bad for momentum type systems, thats why its impt to trade in the direction of the daily candle + trend

TMT Buy on GU +15pips

this is live account and results are made by this system on eurusd, gold, this system is very good when the market has momentum. thanks a lot swilliam and pollen and others contributed for this system.

eurjpy, if it breaks and closes below the lower trendline can be sold?

Hello pollen,
The trendline that you use is auto trendline?
Thanks.

Manual

gbpusd 5m

1 min TMT setup on USDCAD +5pips

Hi to all TMT friends,
I've just created account to be able to contribute this thread. I have read all of the posts a studied all the pictures you added and have some questions to you (especially for those who trade it profitably for long period). Here it goes:
What is most profitable for you - when the setup criteria is met in added picture

1) What is your personal preference where to take profit? - Is it in point TP1 (shown in picture) - previous high? Or you would rather exit in TP2(not in picture) which is your predefined value - 15 or 20 pips that you choose from the market structure?

2) What is your personal best place to have stoploss -Is it SL1 shown on picture, or SL2 - to give the market space to "breathe". Or do you personally have different place to set you SL in the situation on the picture?

3) Do you use SL at all? I have read that pepay in the early times of this thread wrote that he used predefined SL -30 PIPs, but in the pictures he had no stoploss - same as Pollen - if you read it, I don't see SL in pictures you added - is it because you don't use it? (thanks for answer

I think of some ways it can be traded -
a) use tigh stoploss (SL1) in picture and take small wins (TP1), but there is problem that you will have a lot of small looses and small RRR, so it should be balanced with high success rate to be profitable

b) use tigh stoploss (SL1) and take huge wins, something around RRR 2:1, 3:1, 4:1, to balance lot of small looses by a high wins,

c) use bigger stoploss (SL2) and take bigger wins (TP2 at least at RRR 1:1 or higher),

d) not use any stoploss and trade with small positions which will not ruin you, when the market goes against you.

Just trying to understand how profitable traders think when they see the picture like I uploaded. Can you please analyse it and kindly share it with others where you would put your SL and TP points? In my opinion it can help to many of traders reading this thread. Thank you guys!

This is my personal experience.

Tp is 10 pips for M5 and 20-25 for M15.
SL is at least 15 pips and usually when reverse signal emerged as is at the picture below

EU +5Pips (Asia Time)

gbpusd

didnt see any good setups today

TMT Sell on AUDJPY

how can u find audjpy had good setup ? because i see the trend pro scanner u monitored doesn't have the audjpy pair

Go to commercial section plz

I am applying a new personal rule. Sometimes I lose good opportunities, but mostly prevents unwanted setbacks. Above and below the pivot lines R2 and S2 I do not do trades. And even less if I see a divergence in the RSI.

Good day for the EURUSD

@Rinvi can you share your indicator?. it look good