Trend Slope retracement | Forex Factory

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Trend Slope retracement

  • #1
  • First Post: Dec 28, 2006 9:14am Dec 28, 2006 9:14am
Hi all.
This is a trade journal using TSR by FXIGOR. I'll be posting my everyday trades using TSR at the end of US session. You need to know too things:
1. I didn't create TSR so don't ask me about it but here is the link to the thread: http://www.forexfactory.com/forexfor...ead.php?t=8088
2. These are my personal trades so other traders may have other results because they my have waited longer or have exited earlier but know that these trades are strictly TSR trades.
  • #2
  • Dec 28, 2006 9:30am Dec 28, 2006 9:30am
Today I entered at 10:40 AM CET at price of 1.9575 and I exited on 14:38 PM CET at price of 1.9668.
1.9668-1.9575= 93-5(Spread)= 88 pips

Exit strategy: Consumption of almost full daily range.
Attached Images
  • #3
  • Dec 29, 2006 3:57pm Dec 29, 2006 3:57pm
No positions today. We got 2 fishnet patterns which prohibit us to trade. TSR kept us away from a very noisy market. The only chance we had for an entry was at the begining of US session but the market never made a good retracement so no entries.
Well it's very nice. We've been using TSR from the 7th of november and till now not one losing week. Even this week I managed to get like 100 pips.
  • #4
  • Dec 29, 2006 4:12pm Dec 29, 2006 4:12pm
Do you adhere to the TSR rules or do you use any other filtering to make your decision?
  • #5
  • Dec 29, 2006 4:16pm Dec 29, 2006 4:16pm
Hello.. Well, this is just a suggestion. Appreciate if you can elaborate more, with examples, on how you choose the good trades from the bad ones as this thread grows.
  • #6
  • Dec 29, 2006 4:28pm Dec 29, 2006 4:28pm
Quoting hasrat7577
Hello.. Well, this is just a suggestion. Appreciate if you can elaborate more, with examples, on how you choose the good trades from the bad ones as this thread grows.
Actually you should check the link above and get the audio files and listen to them. But I'll try to give you an example. First I need to tell you that when you learn TSR you'll know what trade to take but in general we stay away from a pattern called fishnet pattern. In this pattern, lines cross with approximatly 90 degrees angle and the pattern makes the lines stretched. The opposite of the fishnet pattern is the squeeze pattern which puts us on the alert to maybe anticipate a big move.
P.S: Remember that I'm speaking in general. TSR is for traders who can sit the whole day in front of their computer. This system provides entries with stops less than 10 pips in general. It doesn't catch the trend, it doesn't keep you in the market till the end of the trend, but it gives you almost 70% to 80% of the overall trending day or session. Again, follow the link above and it'll help pretty more than me.
  • #7
  • Dec 29, 2006 4:41pm Dec 29, 2006 4:41pm
Quoting et_phonehome_2
Do you adhere to the TSR rules or do you use any other filtering to make your decision?
The filter would be your mind and instinct. If you have time, trade the system for a week on a demo while logging in to the paltalk room. Anyway if you don't like it, you can still benefit from the info you'll get. I mean what would you loose. It's free. And don't let anyone fool you. It's 100% free. The only thing you need to pay for is the alert indicator that you see on my charts which gives you a sound alert but you realy don't need it. The only use for it is to draw your attention to the charts. And when you master the system you can buy it. I mean what the hell? We all paid more than this. It's a lousy 50 euro and it is considered a donation not more. Let me remind you that I'm not trying to sell anything. I have no relation to the system neither I helped developing it in anyway. I'm just telling you what I did.
  • #8
  • Dec 29, 2006 4:46pm Dec 29, 2006 4:46pm
Guys please please. As I'm trying to answer questions but I can't do it all the time. I don't wanna sound rude or something but I created the thread so that I can make a log for TSR trades. And for anyone who wishes to trade TSR, follow the link in post 1 and then come back and post your trades here and we'll discuss them. Cheers everyone. Regards.
  • #9
  • Edited 6:19am Jan 2, 2007 6:04am | Edited 6:19am
Today I entered at 9:15 AM CET at price of 1.9684 and I exited on 11:51 AM CET at price of 1.9712.
1.9712-1.9684= 28-5(Spread)= 23 pips

Exit strategy: Both mega trendlines turned bearish.
Attached Images
  • #10
  • Jan 3, 2007 5:50am Jan 3, 2007 5:50am
Today my first entry was a short at 08:33 AM CET at price of 1.9711 and I exited at 09:01 AM CET at price of 1.9720.
1.9711-1.9720= -9-5(Spread)= -14 pips
Exit strategy: Stop loss triggered.


My second entry was short at 11:00 AM CET at price of 1.9699 and the exit should've been ( following the rules ) at 11:23 AM CET at price of 1.9628 ( Bottom Daily range ).
1.9699-1.9628= 69-5(Spread)= 64 pips
Exit strategy: Consumption of full daily range.


P.S: I didn't close my second trade yet ( Instinct ) but my stoploss is moved to 1.9651 ( recent top ).
Attached Images
  • #11
  • Jan 3, 2007 10:56am Jan 3, 2007 10:56am
Hello AMINHAKIM, first i want to thank you for this thread and please if it is not a problem for you, post your trades, because we can only learn from them as i see...
I am familiar with TSR since september when IGOR teach us, but after that i could not folow it. Now i can be at the PC all day but i have a problem to see when the TOP or Bottom is First. I have all indicators, templates and audio files since this system is born, but i still can't understand WHEN the market is made a complete market rotation, when we are on M5 or M1, and when a retracement is a first top or first bottom after M5 is confirming for about 30min the trend?

If it is not a problem for you would you be so kind to explain in a few simple steps how you recognize these 2 things, market rotation and Top and Bottom, or if is easily for you - when you enter, when there is a top/bottom or retracement to the MegaTrend Lines?

Thank you again for the efforts you put in this thread !!!
  • #12
  • Jan 3, 2007 1:30pm Jan 3, 2007 1:30pm
Quoting experiment_bg
Hello AMINHAKIM, first i want to thank you for this thread and please if it is not a problem for you, post your trades, because we can only learn from them as i see...
I am familiar with TSR since september when IGOR teach us, but after that i could not folow it. Now i can be at the PC all day but i have a problem to see when the TOP or Bottom is First. I have all indicators, templates and audio files since this system is born, but i still can't understand WHEN the market is made a complete market rotation, when we are on M5 or M1, and when a retracement is a first top or first bottom after M5 is confirming for about 30min the trend?

If it is not a problem for you would you be so kind to explain in a few simple steps how you recognize these 2 things, market rotation and Top and Bottom, or if is easily for you - when you enter, when there is a top/bottom or retracement to the MegaTrend Lines?

Thank you again for the efforts you put in this thread !!!
Well as I said before, I didn't create the method and I can't answer your questions with precision but I'll try my best. A market rotation is defined by trendlines (Mega trendlines on 1min and Big trendlines on 5min) but this doesn't allow to trade yet. The first top first bottom is real easy and I also had some trouble at first to spot it but in a couple of days I got it. First top first bottom means that for example when in an uptrend, the market moves up and retraces down and then continue going up. When it retraces down, it makes a bottom. So in a simple way to say it, in an uptrend we get higher tops and higher bottoms. I think you know that a top is a new peak. Ok now for the "first top first bottom". In the uptrend, let's say that the market rotates (Trendlines) and retraces down but in that retracement it breaks a significant bottom so you got your first bottom then the market goes back up and makes a lower high so you got your first top. Remember that a top could appear before a bottom so we get a lower high then we get a lower low. Remember that this should happen on a 5min before 1min. I tell that the best thing to do is to listen to the examples given by Igor in the audio files, I guess there are 5 or 6 setups and you can follow the audio file and you would be fine. And also since you have time now, go to the paltalk room and when think you see a top of a bottom post your question, is this a valid top or bottom. Igor is a very helpful and patient person and there are many good traders in the room that can help. Remember what I told you at first. I'M NOT THE PERSON QUALIFIED TO ANSWER YOU QUESTIONS, BUT JUST TRYING TO HELP.
  • #13
  • Jan 5, 2007 10:15am Jan 5, 2007 10:15am
My first entry was a short at 08:22 AM CET at price of 1.9506 and I exited at 08:32 AM CET at price of 1.9512.
1.9506-1.9512= -6-5(Spread)= -11 pips
Exit strategy: Stop loss triggered.


My second entry was short at 09:48 AM CET at price of 1.9440 and the exit at 10:43 AM CET at price of 1.9420.
1.9440-1.9420= 20-5(Spread)= 15 pips
Exit strategy: Trailing stop loss triggered.
  • #14
  • Jan 5, 2007 10:26am Jan 5, 2007 10:26am
My entry today was a long at 08:27 AM CET at price of 1.9384 and I exited at 09:24 AM CET at price of 1.9408.
1.9408-1.9384= 24-5(Spread)= 19 pips
Exit strategy: Trailing Stop loss triggered.
  • #15
  • Jan 5, 2007 12:01pm Jan 5, 2007 12:01pm
Quoting aminhakim
Well as I said before, I didn't create the method and I can't answer your questions with precision but I'll try my best.
Would You be so kind to show some example, You consider as net formation?
THX, NL
  • #16
  • Jan 5, 2007 3:11pm Jan 5, 2007 3:11pm
Quoting lacika
Would You be so kind to show some example, You consider as net formation?
THX, NL
For the examples you can check the images above. As for the rules you should check the link above and it's better to check the thread at SBFX forum also. It's not that I can show examples. This is a method of trading from a 1min chart supported by the 5min. The audio files you should download and listen to are more then 10 hrs combined. So, it's obvious I can't show examples. I'm not the one teaching the system.
  • #17
  • Jan 5, 2007 3:43pm Jan 5, 2007 3:43pm
Thank you Aminhakim for the explanation, i am almost there!
Your postings are helping me a lot because i am comparing the results.
I know that the results may differ, but i am learning!

Keep up the good work
  • #18
  • Jan 6, 2007 10:04am Jan 6, 2007 10:04am
Quoting experiment_bg
Thank you Aminhakim for the explanation, i am almost there!
Your postings are helping me a lot because i am comparing the results.
I know that the results may differ, but i am learning!

Keep up the good work
The results would absolutely differ because TSR is a different system from the view of the looker but I'm a conservative person so that's why I may have less trades than others.
Glad I could help and I hope that everyone using TSR would post their results so we can discuss the trades. I know that the thread is small and there aren't many postings, but everyone who uses TSR knows that it is a consistent system with a risk reward ratio at least 3.1
  • #19
  • Nov 2, 2009 1:01pm Nov 2, 2009 1:01pm
Hi,
I'm new to the ForEx and found out about TSR by serendipity, or perhaps was guided here by the Fates, who knows?
Regardless I am interested in trying the TSR system but the link for the DownLoad is no longer valid. From what I can gather from this forum that PalTalk room no longer exists either. If that is not the case, what is the name of the room please? I would appreciate it if someone can either provide me with a link or eMail me the TSR EA/Program?

(8 >) Thanks and Prosperous Trading (< 8)

DougRH4x
  • #20
  • Last Post: Nov 2, 2009 1:35pm Nov 2, 2009 1:35pm
Hi,
I found the T_S_R Trading.Zip file.
Are there more files or is that the entirety of it?

Thanks
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