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Trendman scalping system

  • #121
  • Oct 8, 2009 10:09am Oct 8, 2009 10:09am
Quoting trendman
My friend ,

I was like that ,try to make quick bucks,doesn't work like that , believe me, I have lost so much money before until I started to make money.
Trendman

You have supplied us with a great system...thank you, I should be grateful and appriciate this is yours and you are giving it for free.

However, do not think me ungrateful in anyway with my next comment as it not really directed at you...but does apply a little.....

There are many systems on this forum and on many others and no matter which one you look at, the indicators, instructions and manuals are mainly either different or incomplete to the actual system being used.

So the newbie like me has not only to struggle understanding Forex but is also left to interprate how it all fuctions to some degree. Much of the little important details of why or why not to enter are with in the head of the creator. And I think it is essential to try and get all these down on paper so a full understanding of the very sole of the system can be appreciated. It would be great if someone who has designed a very good system could provide a commentry of what they are thinking during a trading session with illustrations of actual trades made and there exact thought process during it.

Anyway as I said this is not directed at you soley just a general comment.

cheers


ab1.........I swear, I am going to make this stupid forex system pay my wages soon !
  • #122
  • Oct 8, 2009 10:16am Oct 8, 2009 10:16am
Quoting ab1
Trendman

You have supplied us with a great system...thank you, I should be grateful and appriciate this is yours and you are giving it for free.

However, do not think me ungrateful in anyway with my next comment as it not really directed at you...but does apply a little.....

There are many systems on this forum and on many others and no matter which one you look at, the indicators, instructions and manuals are mainly either different or incomplete to the actual system being used.

So the newbie like me has not only to struggle understanding...
This system is not mine ,I've just combined the available indicators and that is it, this system will allow you to develop your own system, that is how I became successful.
Always train yourself, I work almost 14 hours a day,you'll get there soon,
Good Luck
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  • #123
  • Oct 8, 2009 10:41am Oct 8, 2009 10:41am
Is 5m a perfect setup now? 1m blew past 34ma's and looks strong down. How do I interpret this to enter?



Thanks,
Steve
  • #124
  • Oct 8, 2009 11:13am Oct 8, 2009 11:13am
Quoting stevewide
Is 5m a perfect setup now? 1m blew past 34ma's and looks strong down. How do I interpret this to enter?



Thanks,
Steve
5 min setup is perfect but waiting for 1 min set up
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  • #125
  • Oct 8, 2009 11:22am Oct 8, 2009 11:22am
I got stopped out a while ago; I see now macd never crossed up; my mistake; this is easy but you have to pay respect to do what it says.

I'll get there;

I also work almost all my waking hours on learning forex for most of last 3 years. Shame on me not getting there by now.
  • #126
  • Oct 8, 2009 11:30am Oct 8, 2009 11:30am
Quoting stevewide
I got stopped out a while ago; I see now macd never crossed up; my mistake; this is easy but you have to pay respect to do what it says.

I'll get there;

I also work almost all my waking hours on learning forex for most of last 3 years. Shame on me not getting there by now.
trend is perfect, patience ,patience

This proofs that as long as 5 macd is positive and price is above the ma ,you have to find the perfect enterance enter point for the trend on 1 min chart
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  • #127
  • Oct 8, 2009 11:43am Oct 8, 2009 11:43am
Hi everyone

I'm seeing quite a lot of you watching the thread,if you have had any experiences with this system ,your comments are very welcomed,please share your experiences.
Many thanks to all of you
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  • #128
  • Oct 8, 2009 11:44am Oct 8, 2009 11:44am
Quoting trendman
trend is perfect, patience ,patience

This proofs that as long as 5 macd is positive and price is above the ma ,you have to find the perfect enterance enter point for the trend on 1 min chart
"price is above the ma"... To which MA are you referring?? There's about 3 on the chart 10, 57, 62. Price being above which one?

Thanks,
revrobwimb
  • #129
  • Oct 8, 2009 11:49am Oct 8, 2009 11:49am
Quoting revrobwimb
"price is above the ma"... To which MA are you referring?? There's about 3 on the chart 10, 57, 62. Price being above which one?

Thanks,
revrobwimb
on 5 min chart

the price has to be above for all 3 ma but the ma has to be line like this, 20,62 and at the bottom 57 ,okay this is upward trend.
if somehow you see 62 goes under 57 during the upward trend ,means trending slowing, vice versa the other way around for the down ward trend
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  • #130
  • Oct 8, 2009 11:52am Oct 8, 2009 11:52am
Trendman,

Thanks for sharing what you have learned these past 7 years in trading.

Much appreciated.

Bruce
  • #131
  • Oct 8, 2009 11:53am Oct 8, 2009 11:53am
Quoting brucech
Trendman,

Thanks for sharing what you have learned these past 7 years in trading.

Much appreciated.

Bruce
I'm still learning..)))no joke
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  • #132
  • Oct 8, 2009 11:58am Oct 8, 2009 11:58am
Quoting trendman
on 5 min chart

the price has to be above for all 3 ma but the ma has to be line like this, 20,62 and at the bottom 57 ,okay this is upward trend.
if somehow you see 62 goes under 57 during the upward trend ,means trending slowing, vice versa the other way around for the down ward trend
Thank you... I appreciate it.

Could you please post a current picture of your 1m and 5m chart. Seems that the 5m tmplate from post #1 looks different from other posts i've seen in the thread.

Thanks again,
revrobwimb
  • #133
  • Oct 8, 2009 12:02pm Oct 8, 2009 12:02pm
Quoting revrobwimb
Thank you... I appreciate it.

Could you please post a current picture of your 1m and 5m chart. Seems that the 5m tmplate from post #1 looks different from other posts i've seen in the thread.

Thanks again,
revrobwimb
here you go
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 161 KB
Click to Enlarge Name: 5 min chart.jpg Size: 171 KB
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  • #134
  • Oct 8, 2009 12:12pm Oct 8, 2009 12:12pm
beautiful scalping trade taken 20 pips
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  • #135
  • Oct 8, 2009 12:16pm Oct 8, 2009 12:16pm
Okay thanks.. looking good.

You drawing your own trend lines or using an indy?
  • #136
  • Oct 8, 2009 12:16pm Oct 8, 2009 12:16pm
have you recovered your loss?
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  • #137
  • Oct 8, 2009 12:21pm Oct 8, 2009 12:21pm
Quoting trendman
beautiful scalping trade taken 20 pips
Forgive my questions.. although I'm not a newbie.. I'm trying to reconcile your post #1 rules along w/ other posts throughout the thread.

You just scalped +20..that's great.. Did you go short? against the 5m trend? If so then you traded pure 1m at the macd cross correct?

As the old adage goes.. a picture paints a thousand words. If you could take that closed trade from your account history tab and drag it then drop it onto your chart, it will then show an triangle connected to an arrow which will identify your exact entry and exit point.

This would be so helpful to see especially if you took a countertrend trade.

Thanks so much,
revrobwimb
  • #138
  • Oct 8, 2009 12:23pm Oct 8, 2009 12:23pm
Trendman:
nice going:
would like to see the 1m chart showing entry;

my trix was going down when macd was going up so obviously I'm missing a piece of this simple puzzle.

Thanks for your patience.

Steve
  • #139
  • Oct 8, 2009 12:25pm Oct 8, 2009 12:25pm
Quoting revrobwimb
Forgive my questions.. although I'm not a newbie.. I'm trying to reconcile your post #1 rules along w/ other posts throughout the thread.

You just scalped +20..that's great.....
I have taken 2 trades , the second one I'm still holding

I take trades with between 50-80 points
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 174 KB
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  • #140
  • Oct 8, 2009 12:31pm Oct 8, 2009 12:31pm
Quoting trendman
I have taken 2 trades , the second one I'm still holding

I take trades with between 50-80 points
Hi Mate

Well done on your success !, and I have recovered a little, about 15 pips but still down..

My point earlier is that most of us have not got a clue what is going on with your two successful trades. Can you identify and show us with pictures and words when and why you took these trades.


Cheers my man !
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