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TUX Trading System (TTS)

  • #81
  • Jul 22, 2020 12:29am Jul 22, 2020 12:29am
GBPJPY - Short, targeting first resistance line.

Regards,
Blackeagle
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 98 KB
  • #82
  • Jul 22, 2020 1:20am Jul 22, 2020 1:20am
Tux , great system, what do we use the MA cloud in the RSI panel for?
  • #83
  • Jul 22, 2020 1:23am Jul 22, 2020 1:23am
Quoting Detto
{quote} Not so fast, RSI is still in support Daily has a long bias, everything is screaming long.
RSI in Daily support? hmmm...I thought its already in pink resistance area and ready to go down? or am I missing something here? But I'm not taking it yet since its not broke the EMA 21...
  • #84
  • Jul 22, 2020 1:24am Jul 22, 2020 1:24am
Quoting Blackeagle
GBPJPY - Short, targeting first resistance line. Regards, Blackeagle {image}
Lets go
  • #85
  • Jul 22, 2020 1:32am Jul 22, 2020 1:32am
Quoting Detto
Tux , great system, what do we use the MA cloud in the RSI panel for?
I have two template for this system. the one is more simple for short-term or scalping method and other one that also includes EMAs cloud will be use for long-term or swing-trading method. the only usage of cloud is for observation of price in support or resistance zone. there is not something complicated about it.
  • #86
  • Jul 22, 2020 1:33am Jul 22, 2020 1:33am
Quoting Phoenix99
{quote} RSI in Daily support? hmmm...I thought its already in pink resistance area and ready to go down? or am I missing something here? But I'm not taking it yet since its not broke the EMA 21...
Hi Phoenix, if your scalping and going for support than your correct, wasn't sure if your looking long term or not
  • #87
  • Edited 3:23am Jul 22, 2020 1:35am | Edited 3:23am
Quoting Phoenix99
Hi guys, I try to contribute by posting some of my trades that I took with this system As always, great job tuxTrader . This one I took several hours ago...EURGBP, H1 TF and its already +26 pips {image}
+55 pips
Attached Image (click to enlarge)
Click to Enlarge Name: SS 04.jpg Size: 102 KB
  • #88
  • Jul 22, 2020 1:43am Jul 22, 2020 1:43am
Tux, just a question, if price is above resistance/below support you say it would be better to skip long/short the trade under the "Long Term Method" rules. But the second example chart, EURJPY, on your PDF, under Short Term Method shows a short entry when price is above resistance zone. I just wonder skipping the trade rule is valid only for long term method. Considering the logic, that rule should apply to both methods, IMO. What do you think?

Regards,
Blackeagle
  • #89
  • Jul 22, 2020 1:46am Jul 22, 2020 1:46am
Quoting Blackeagle
Tux, just a question, if price is above resistance/below support you say it would be better to skip long/short the trade under the "Long Term Method" rules. But the second example chart, EURJPY, on your PDF, under Short Term Method shows a short entry when price is above resistance zone. I just wonder skipping the trade rule is valid only for long term method. Considering the logic, that rule should apply to both methods, IMO. What do you think? Regards, Blackeagle
I was also wondering about this point, good question.
  • #90
  • Jul 22, 2020 1:52am Jul 22, 2020 1:52am
Quoting Blackeagle
Tux, just a question, if price is above resistance/below support you say it would be better to skip long/short the trade under the "Long Term Method" rules. But the second example chart, EURJPY, on your PDF, under Short Term Method shows a short entry when price is above resistance zone. I just wonder skipping the trade rule is valid only for long term method. Considering the logic, that rule should apply to both methods, IMO. What do you think? Regards, Blackeagle
you answered the question yourself! this rule is only for long-term method. in short-term method we are looking to catch any possible move of the price towards the position of the support and resistance zone.
  • #91
  • Jul 22, 2020 1:53am Jul 22, 2020 1:53am
Quoting Detto
{quote} Hi Phoenix, if your scalping and going for support than your correct, wasn't sure if your looking long term or not
Hi Detto..yes I'm scalping it
  • #92
  • Jul 22, 2020 2:04am Jul 22, 2020 2:04am
Quoting tuxTrader
{quote} you answered the question yourself! this rule is only for long-term method. in short-term method we are looking to catch any possible move of the price towards the position of the support and resistance zone.
Thanks. Then the current short position on GPUSD is valid according to rules.

Regards,
Blackeagle
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 87 KB
  • #93
  • Jul 22, 2020 2:10am Jul 22, 2020 2:10am
Quoting Blackeagle
{quote} Thanks. Then the current short position on GPUSD is valid according to rules. Regards, Blackeagle {image}
there is enough space till resistance zone, so yes it's valid
  • #94
  • Jul 22, 2020 2:40am Jul 22, 2020 2:40am
Quoting tuxTrader
{quote} there is enough space till resistance zone, so yes it's valid
GU, TP hit ... ~+50 pips

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot0.png Size: 448 KB
  • #95
  • Jul 22, 2020 2:44am Jul 22, 2020 2:44am
Three short positions, all closed in profit:

GBPUSD= 43 pips
GBPJPY= 38 pips
GBPCAD= 45 pips

Regards,
Blackeagle
  • #96
  • Jul 22, 2020 2:53am Jul 22, 2020 2:53am
Watching AUDNZD for short, a couple of AUD pairs and NZDJPY but no down arrow yet. Although bar not closed yet, there is USDCAD long signal but I am not sure if the gap between price and support zone would be enough to justify the trade when the bar closed (same for AUD shorts).

Regards,
Blackeagle
  • #97
  • Jul 22, 2020 3:06am Jul 22, 2020 3:06am
Quoting Blackeagle
Three short positions, all closed in profit: GBPUSD= 43 pips GBPJPY= 38 pips GBPCAD= 45 pips Regards, Blackeagle
GBP/CAD ???? Your OBV below RSI? I take it you with Pepperstone as your charts are very similar to mine.
  • #98
  • Jul 22, 2020 3:08am Jul 22, 2020 3:08am
Short AUDNZD

Regards,
Blackeagle
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDH1.png Size: 107 KB
  • #99
  • Jul 22, 2020 3:10am Jul 22, 2020 3:10am
Quoting Blackeagle
Short AUDNZD Regards, Blackeagle {image}
No cross?
  • #100
  • Jul 22, 2020 3:11am Jul 22, 2020 3:11am
Quoting Detto
{quote} GBP/CAD ???? Your OBV below RSI? I take it you with Pepperstone as your charts are very similar to mine.
I opened the GBPCAD short yesterday, today closed the position when price got very close to TMA CL. I am not with Pepperstone.

Regards,
Blackeagle
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