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Simple Trading Method with trader101

  • #2,761
  • Dec 27, 2009 4:07pm Dec 27, 2009 4:07pm
Hi julius

this is my 1st post here and like to thank what you bring to many.Following is my understanding of your system and correct me if i go wrong here.

1) Determine the market range bound or trending
2) if range then we use the jumper technique if trending we use all 14
pairs long or short technique
3) to go short all 14 pairs we need the anchor point to be dislodged by a
member of the "red team"
4) to go long 14 pairs we need the 14th spot to be dislodged with a
member of the "green team"

Keep two demo ac's open one for long term trend one for short term open a new demo ac every week wait for it to settle and then start trading

Did i get it right ?

Regards
L&M
  • #2,762
  • Dec 28, 2009 11:35pm Dec 28, 2009 11:35pm
Hi

after posting above i realized a few thngs which i got wrong above and also how to detect reversals before the trend bias changes from positive to negative and vice versa its all so fascinating and also realize that as traders we are suppose to trade and see all pairs like part of a circle having only two directions North & South as entry points.And how to know when north reaches south is what is outlined in these numerous pages...Ha..Feels like solving a puzzle in an Indiana Jones movie..Like everything else in this universe currency pairs are also polarized depicting the making of every atom which also has "opposing pairs" ....Hot and cold...the number 6 & 9 ......good & evil...

Makes you think if right can be wrong and wrong can be right.Then to seek truth on planet earth and in this dimension is futile since everything is relative and nothing is absolute..

Didnt mean to get philospical here..hehe

Wish you all a great year ahead

Regards
Bobby/L&M
  • #2,763
  • Dec 29, 2009 6:51pm Dec 29, 2009 6:51pm
Tandem trade in ranging market
(experienced user, please correct me if I am wrong)

Just as you mentioned, I also realise the market is moving in ranging at this period. I started to test on early Dec and the earlier movement was not too much. If I am not misinterpreting, the collective basket of Buy(Sell) will exchange place when big movement takes place. And yes, there is some movement but not really great afterall.

Did some tandem demo trade yesterday and the day before. On GBPUSD ßà GBPJPY, as both are in buy basket, they are side-to-side to each other and the buy basket is on top as illustrate:

Buy1 +++++
Buy2
Buy3
Sell1
GJ (+80)
GU (+20)
Buy4
Buy5
---
Sell2
Buy6
Buy7
Sell3
Sell4
Sell5
Sell6
Sell7 -----

I would expect GU to move down to sell region and GJ has less resistance as their nature of repelling. So, possible scenarios:

1) GJ should stay and GU move down, or
2) GJ move up and GU stay,
3) GJ move up and GU move down

For scenario (3), I opened long GJ (expecting GJ move up, more profitable) and short GU (expecting GU move down, less profitable). After few hours, GJ long is yielding but GU short is at red. Overall result is positive. The "better" position would be long both GJ and GU but it is contradict to T101 tandem repel rule.

One possible reason for scenario (3) is GU is not working as it should work, moving down to sell region due to ranging market characteristic. So, I am wondering that whether we can choose to open GJ only? The reasons are as followed:

1) GU is not moving due to ranging market
2) GJ has to move for the reason of repeling nature
3) GJ can only move up as the movement is blocked by GU (this is void if GJ moves to sell region)
4) Long GJ, avoid GU

I don't mean to offense if my interpretation is wrong. I try to provide as much information as I could. Let me know if you need more. Thanks.

Quoting trader101
The week of 12/20 and 12/13. The market was ranging heavily perhaps due to low volume of trades as associated with the holiday seasons, hence you can't see groupings of pairs. The system helps you avoid the market at those unprofitable times. Also allow you to spend your time with your family..LOL

The week of 12/6, there were some decent trends enough to make you some 1000+ pips. There were also times that you saw some groupings of similar pairs.

The week of 11/19, there were also some decent trends over the week also some took more than 1000...
  • #2,764
  • Dec 29, 2009 7:41pm Dec 29, 2009 7:41pm
Are people still trading this method successfully as listed in post number 1 of this thread? If so, can you share your results?
  • #2,765
  • Dec 29, 2009 8:08pm Dec 29, 2009 8:08pm
Wow, please disregard my question above. Since I asked it I have had 3 people PM me, and I don't need to know anything more than that. Moving on...
  • #2,766
  • Dec 29, 2009 9:48pm Dec 29, 2009 9:48pm
Quoting Dreamliner
Wow, please disregard my question above. Since I asked it I have had 3 people PM me, and I don't need to know anything more than that. Moving on...
Wait, does it mean that you are moving on to looking for something else or you you're moving on to trying this method.
Anyway, are there many people who have successfully traded this method with consistent proven record over the last year?
I would highly appreciate the objective response.
  • #2,767
  • Dec 30, 2009 6:16am Dec 30, 2009 6:16am
I also would like to know: could the traders that use this method please confirm if this is still indeed succesfull?
thanks a lot
  • #2,768
  • Dec 30, 2009 7:40am Dec 30, 2009 7:40am
I am moving on from this method, and will not waste my time on it. The messages were overwhelmingly clear that this method has not, and will not work.

They also said that the author of this thread bans anyone who speaks negatively about his method, as his ego is so large he cannot accept objective criticism.

Therefore I am quite sure I will be banned now, but that is ok because I believe it is important to warn people about a poor system, and this message will remain on this board for all to see before I am banned from the thread.

Maybe others have success with it, all I'm saying is that 3 people immediately contacted me via Private Message telling me to run far and fast from both this system and from the originator of it. I believe them, as I know 2 of the 3 of them, and have come to trust their intellect and integrity.

So I will have nothing to do with this method.
  • #2,769
  • Dec 30, 2009 11:52am Dec 30, 2009 11:52am
This is an unbiased post and a reply to the above disillusioned trader.Known this method for less than a week and made 3600 pips!.From the posts on this thread if anything the creator Julius has told a great secret .This method requires a trader to study currency's like learning a new language.Past 5 days i have spent 5-6 hours a day reading, learning, desiring to learn to not believe in a system but know it 1st hand, understanding the logic and evolving the concept like so many here have done

I entered long when all indicator and trade bias were short.Well this was a price based decision and some understanding on what the word correlation means.

Please dont ask how i made 3600 and counting .Not that i dont want to share i think if proof becomes so important for some it prevents an inner experience .But once you experience, outer proof/statements are not necessary.


Regards
L&M
  • #2,770
  • Dec 30, 2009 11:57am Dec 30, 2009 11:57am
Just a quick correction on your post here, before I am banned from this particular thread. I have never traded this method, so I am not a "disillusioned trader" of this method. Rather I am merely reporting what three other traders have told me when I asked about this method. Their objective an unbiased opinion needs to be weighed, and since they have been banned from this thread I am their mouthpiece until I am likewise banned.

I'm glad you have done well with this, and obviously if more people come forward who are likewise successful with it then your stories will need to be considered along with all those who are not successful with it and who do not appreciate the teacher here.

Quoting Light&Magic
This is an unbiased post and a reply to the above disillusioned trader.Known this method for less than a week and made 3600 pips!.From the posts on this thread if anything the creator Julius has told a great secret .This method requires a trader to study currency's like learning a new language.Past 5 days i have spent 5-6 hours a day reading, learning, desiring to learn to not believe in a system but know it 1st hand, understanding the logic and evolving the concept like so many here have done

I entered long when all indicator and trade bias were...
  • #2,771
  • Dec 30, 2009 5:11pm Dec 30, 2009 5:11pm
the method works trust me, but it takes a lot of work although seems to be simple. I don't know your friends and i don't want to say something bad about them but you have to think that maybe this method is not good for them. And this doesn't mean that the method is not working.
So, until you will try it for some time (for it took around 3-4 months) please keep your opinion for yourself.
Nobody around here said that this is quick reach method so if you don't like it is ok but don't express an opinion just because you are bored.
  • #2,772
  • Dec 30, 2009 6:31pm Dec 30, 2009 6:31pm
maxu08

do you have any open trades at the moment?

what kind of results have you been getting with this system since you started? eg max drawdown, profit, loss

Cheers in advance

logical
  • #2,773
  • Dec 31, 2009 8:03am Dec 31, 2009 8:03am
Quoting Dreamliner
I am moving on from this method, and will not waste my time on it. The messages were overwhelmingly clear that this method has not, and will not work.

They also said that the author of this thread bans anyone who speaks negatively about his method, as his ego is so large he cannot accept objective criticism.

Therefore I am quite sure I will be banned now, but that is ok because I believe it is important to warn people about a poor system, and this message will remain on this board for all to see before I am banned from the thread.

Maybe others...
Hi Dreamliner, i using this method 3 weeks and collected 3000 p abt (real).Three weeks is short time, but i'am worried from your post.I'am not judgment for winners or loosers inspired from this method, i'am neutral, but i want to learn more about the mistakes when some people makes using t101.
95% of the all world wide threads is positive.Perhaps people shamed to share him negative resultates.Every system have weakness.
I found plenty ways to using t101, but who is more succesfull..............perhaps less people know that, including Julius ofcourse!
We must to speak abt positives and negatives in this system in order to avoid and reduce mistakes.

Happy new year and many pips to all traders!
  • #2,774
  • Dec 31, 2009 10:38am Dec 31, 2009 10:38am
Hello Empori, what are the ways of using this method you have found? Mind sharing?

Regards and best wishes for 2010 and beyond!

Quoting Empori
Hi Dreamliner, i using this method 3 weeks and collected 3000 p abt (real).Three weeks is short time, but i'am worried from your post.I'am not judgment for winners or loosers inspired from this method, i'am neutral, but i want to learn more about the mistakes when some people makes using t101.
95% of the all world wide threads is positive.Perhaps people shamed...
  • #2,775
  • Dec 31, 2009 11:12am Dec 31, 2009 11:12am
Quoting shiva
Hello Empori, what are the ways of using this method you have found? Mind sharing?

Regards and best wishes for 2010 and beyond!
Hi Shiva, i'am not sure is this the thread to share that methods.This is thread of Julius and i'am not autorized to make that actions
I'll give some jokers - large part of this method written in this thread, other part and researces written in other threads out of ff, and small part is my own viewing and mixing.
PM me for furtercome info, but i think will not to surprise you I think you are the most good expert and outfitted from me.I'am here from short time

Best wishes to you too in 2010!
Many wishes and regards to Julius in 2010!
  • #2,776
  • Jan 1, 2010 3:04am Jan 1, 2010 3:04am
Quoting Empori
Hi Shiva, i'am not sure is this the thread to share that methods.This is thread of Julius and i'am not autorized to make that actions
I'll give some jokers - large part of this method written in this thread, other part and researces written in other threads out of ff, and small part is my own viewing and mixing.
PM me for furtercome info, but i think will not to surprise you I think you are the most good expert and outfitted from me.I'am here from short time

Best wishes to you too in 2010!
Many wishes and regards to Julius in 2010!...
hi empori thanks for the good info...seems in new in ff its a good thread for makes pips

anyway wish all the best and happy new year 2010
  • #2,777
  • Jan 1, 2010 10:12am Jan 1, 2010 10:12am
Quoting caripip
hi empori thanks for the good info...seems in new in ff its a good thread for makes pips

anyway wish all the best and happy new year 2010
Ya, this thread give us more of good base to trade t101.

Happy new year and best wishes!
  • #2,778
  • Jan 2, 2010 6:08am Jan 2, 2010 6:08am
Quoting Dreamliner
I am moving on from this method, and will not waste my time on it. The messages were overwhelmingly clear that this method has not, and will not work.

They also said that the author of this thread bans anyone who speaks negatively about his method, as his ego is so large he cannot accept objective criticism.

Therefore I am quite sure I will be banned now, but that is ok because I believe it is important to warn people about a poor system, and this message will remain on this board for all to see before I am banned from the thread.

Maybe others...


This method work`s and will work.. You need a lot of time to research Your own way to trade this method and that all.. T101 give us basic rules
how market overall works.. so if some people tell you that this method don`t work ... I think this people don`t learn anything about this method..
all want`s quick money but no one wants to put hard work on it. .

sorry about my english
  • #2,779
  • Jan 2, 2010 11:31pm Jan 2, 2010 11:31pm
Quoting tallman
Tandem trade in ranging market
(experienced user, please correct me if I am wrong)

Just as you mentioned, I also realise the market is moving in ranging at this period. I started to test on early Dec and the earlier movement was not too much. If I am not misinterpreting, the collective basket of Buy(Sell) will exchange place when big movement takes place. And yes, there is some movement but not really great afterall.

Did some tandem demo trade yesterday and the day before. On GBPUSD ßà[font=Tahoma]...
I think I have to take back what I have asked. I finally understand why we need to open both pairs in tandem trade. This is because we are yielding from the relative differences (either position or pips) between two pairs and not absolute pips gain. That's must be a stupid question to those who know the theory behind. (Yes, please correct me if I am wrong).

I also attached tandem observation from 14 to 18 dec which is a ranging market mentioned by Trader101. Each square/box is representing a position recorded by IA opened beginning of the week. I have a program to record the positions of these pairs every hour. So, this chart is the weekly tandem pairs position.

Basket trades are not good in ranging market but I found 9 opportunities to open positions in this week. The attached pairs are "repel pairs" which are those will eventually bounce off each other once they "stick" together. If you realise, everytime both pairs gets near, they will move away from each other after few hours.

The bad about tandem trade is you have to open position immediately after you see the pairs stick together. When you are profiting from market inefficiency, you have to be quick as market will tends to be "effective" as soon as possible. Yes, of course. You can make a EA to do that but the weakness of EA is routine screening unable to replace human as it lacks of experience. Nevertheless, when I have time I will make a EA for monitoring positions for me so I can gather more experience of pairs price reaction. You can't do backtest of T101 system, so you need to do forward test.

Attached Image (click to enlarge)
Click to Enlarge Name: Tandem20091214-18 (edit).jpg Size: 139 KB


Julius, I hope you can enlighten me with more things that you know. You can either PM me or reply if possible.
  • #2,780
  • Jan 3, 2010 3:21am Jan 3, 2010 3:21am
The last week of 2009:

28 - 31 Dec 2009

Attached Image (click to enlarge)
Click to Enlarge Name: Tandem20091228-31 (edit).jpg Size: 107 KB
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