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Eaglets Flight Training School

  • #241
  • Nov 3, 2009 8:37pm Nov 3, 2009 8:37pm
Quoting Gleneagles
GBPUSD example

This is all you will see on your charts.

No MA , no divergence, no trendlines , no ribbons, no stoch etc.

It will require a manual of 35 pages and 400+ posts to explain how to trade 4 blocks. Before we only had 3 blocks and it took 2 months, a very comprehensive manual and 350 posts
G'day Glen
I like your level of sarcasm---not too much--but enough.
Looking forward to any advances in an already great system--but what will moderators say re private forum?
Cheers
We are all One. Be present. Be the Observer
  • #242
  • Nov 3, 2009 9:22pm Nov 3, 2009 9:22pm
Quoting Iamfx
G'day Glen
I like your level of sarcasm---not too much--but enough.
Looking forward to any advances in an already great system--but what will moderators say re private forum?
Cheers
Keep you in suspense a bit longer!

Keep posting your charts with your trades!

Regards,
  • #243
  • Edited 11:06pm Nov 3, 2009 9:34pm | Edited 11:06pm
same account as post #84.

93.8% profit from the start of this account. Likely to be doubled in another few days of trading.

After the new posts of gleneagles as to the new direction of this forum for serious traders,and a preview of charts of this direction..... I will not be posting any more statements. It is not necessary!

I think my demo account started a couple of weeks ago is sufficient for anyone reading this thread that the MTF TRIX system outlined (condensed in 28 pages of 3500+ posts) in the comprehensive manual v1.4 to see the system works.

If newbies find the manual and posts of this thread not sufficient to help them start.....

I suggest strongly go to another forum or invest in paid course.

My work is done here. Continued support to serious traders who show they are putting effort and time to become successful.
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  • #244
  • Nov 3, 2009 10:14pm Nov 3, 2009 10:14pm
GBPUSD

60 15 5

Results :
A. 10 + 20 + 7 = 37
B. 10 + 25 + 16 = 51
C. 10 + 20 + 13 = 43
D. 10 - 20 - 20 = (-)30

Total = 101
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  • #245
  • Nov 3, 2009 10:24pm Nov 3, 2009 10:24pm
GBPJPY

60 15 5

Results :
A. 10 + 25 + 22 = 57
B. 10 + 25 + 13 = 48
C. 10 + 25 + 11 = 46
D. 10 + 25 + 1 = 36
E. -30 - 30 - 30 =(-90)

Total = 97
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  • #246
  • Nov 3, 2009 10:39pm Nov 3, 2009 10:39pm
EURJPY

60 15 5

Results :
A. 10 + 20 + 22 = 52
B. 10 + 20 + 21 = 51
C. 10 + 20 + 54 = 84
D. 10 + 2 + 2 = 14

Total = 201


Grand Total :
GBPUSD = 101
GBPJPY = 97
EURJPY = 201

Total = 399

Glen, what a great system. Thank you.

May the PIPS be with all who follow in the footsteps of Glen.

Trader7
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  • #247
  • Nov 3, 2009 11:36pm Nov 3, 2009 11:36pm
Trader7 can you share you templates and EA paremetrs ? )) thx
  • #248
  • Nov 4, 2009 12:26am Nov 4, 2009 12:26am
Quoting Gleneagles
I will discuss with PPP and Irathi during the course of next week, the best way forward.

I have learned a few tough lessons on this forum trying to teach traders a simple trading strategy, there must be lots of indicators and colorful stuff and it must look difficult.

It may be a better option to set up a private trading forum to keep the tyrekickers and windowshoppers out. It will be far more productive to work with those traders that are serious about trading and are prepared to invest the time and effort to be successful....just a thought....
Excellent idea Glen. I fully support the idea of a private trading forum. The system is as simple as it gets and generates pips consistently. I admire the extraordinary patience that yourself and Irathi have demonstrated in sharing with us. Your new and improved version looks very interesting. Looking forward to hearing more about it. Happy trading.

fxpilot
  • #249
  • Nov 4, 2009 1:08am Nov 4, 2009 1:08am
GBPUSD

Very complicated version
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" Never let the past hold the future to ransom "
  • #250
  • Nov 4, 2009 1:09am Nov 4, 2009 1:09am
Simple version
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" Never let the past hold the future to ransom "
  • #251
  • Nov 4, 2009 1:27am Nov 4, 2009 1:27am
Gbpusd 60-15-5 +30
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  • #252
  • Nov 4, 2009 1:28am Nov 4, 2009 1:28am
This is most difficult, really advanced version. It is designed for traders struggling to trade on a "naked" chart.

It is perfectly suited for people that wear 3 watches in order to tell the time

OK, back next week.

There are a few options we are discussing regarding a trading forum.

Good luck with trading!
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" Never let the past hold the future to ransom "
  • #253
  • Nov 4, 2009 1:30am Nov 4, 2009 1:30am
Quoting Staghead
Gbpusd 60-15-5 +30

It is tough not to make pips trading MTF.
" Never let the past hold the future to ransom "
  • #254
  • Nov 4, 2009 2:02am Nov 4, 2009 2:02am
Quoting Trader7
EURJPY

60 15 5

Results :
A. 10 + 20 + 22 = 52
B. 10 + 20 + 21 = 51
C. 10 + 20 + 54 = 84
D. 10 + 2 + 2 = 14

Total = 201


Grand Total :
GBPUSD = 101
GBPJPY = 97
EURJPY = 201

Total = 399

Glen, what a great system. Thank you.

May the PIPS be with all who follow in the footsteps of Glen.

Trader7
I know it gets boring but it is simple, it is effective and it works.
" Never let the past hold the future to ransom "
  • #255
  • Nov 4, 2009 2:12am Nov 4, 2009 2:12am
Quoting Gleneagles
GBPUSD

Very complicated version
i was so happy you post your thread here again.i am so interest and query about what is the indicator you using in the separate indicator window can you tell me or if you can, post it here??i just want to try it !! i know the blue and yellow line in the platform window because i also using it but the indicator down there ,emmm..... don't know leh.http://cdn.forexfactory.com/images/icons/icon7.gif
  • #256
  • Edited 5:13am Nov 4, 2009 4:21am | Edited 5:13am
TS +91

TP1 25
TP2 35
TP3 50
TP4 75

Will drag trades onto the chart once open position is closed out.

EDIT: TS hit +161 11h11 GMT
Attached Image (click to enlarge)
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" Never let the past hold the future to ransom "
  • #257
  • Edited 5:11am Nov 4, 2009 4:24am | Edited 5:11am
TS +57

TP1 25
TP2 35
TP3 50
TP4 75

Will drag trades onto the chart once open position is closed out.

Edit: TS hit +83 11h01 GMT
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_05 Nov. 04 12.03.gif Size: 25 KB
" Never let the past hold the future to ransom "
  • #258
  • Nov 4, 2009 4:54am Nov 4, 2009 4:54am
Finding a profitable trading plan once you have grasped the basics of Forex trading is not the most difficult part of trading.

The real difference is the ability of the trader to stick to the plan and trade it consistently, without fail, time after time.

The reality is that 90% of traders simply cannot do that and that is why they fail. Sticking to a trading plan/system and trading it consistently with discipline is what separates the winners and the losers in the end.

It is not about the plan or the system, it is all about YOU as a trader.

Apologies if I come across as cynical but even if we produce another comprehensive manual and I post another 50 trades plus post a live account statement, it will still be a wasted effort. Human nature will prevail in the end and the 90%/10% scenario will be the norm.

There is NOTHING special or brilliant about the trades I posted, it was just a great trading day. Any combination/permutation of MTF Trix would have produced the same results.
" Never let the past hold the future to ransom "
  • #259
  • Nov 4, 2009 5:22am Nov 4, 2009 5:22am
Quoting Gleneagles
Finding a profitable trading plan once you have grasped the basics of Forex trading is not the most difficult part of trading.

The real difference is the ability of the trader to stick to the plan and trade it consistently, without fail, time after time.

The reality is that 90% of traders simply cannot do that and that is why they fail. Sticking to a trading plan/system and trading it consistently with discipline is what separates the winners and the losers in the end.

It is not about the plan or the system, it is all about YOU as a trader....
Glen, .....what you have written is the bare honest truth.
Most traders fail, but not because of not having a system, they fail because they do not trade the system, day in, day out.
It is like walking, one foot in front of the other. Your system is a bit more complicated than walking but not much more so. Walking is right foot, left foot. Your system is trade when three blocks line up, and price breaks above/ below the signal. ...almost as simple as walking. Some will learn to walk, most will stumble and look for a new system.
"you can lead a horse to water, but you can't make it drink"

It goes without saying but I will say it anyways.
Thank you.
  • #260
  • Nov 4, 2009 5:23am Nov 4, 2009 5:23am
Quoting Gleneagles
It may be a better option to set up a private trading forum to keep the tyrekickers and windowshoppers out. It will be far more productive to work with those traders that are serious about trading and are prepared to invest the time and effort to be successful....just a thought.

Hi there Glen,

I wholeheartedly agree with your idea to set up a special forum to teach your advanced methods to serious traders. I am really excited at the prospect of further advanced studies knowing what a power packed system you already have devised previously.

Never in my wildest dreams did I think I would learn to be such a trader as I am now. For that I am eternally grateful to you.

May your ideas achieve the success they deserve.

Trader7
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