Trendman scalping system

I'm sorry to hear that trendman.

I'm sorry too.

i feel also sorry, and wish every thing turn fine.

GOD BLESS

Hello trendman:
I'm very sorry concerning your partner & your cousin.
I hope for much health improvement to them. Please advise concerning their
conditions.
Your friend Loganf

Hi,
You claim you make 50 pips every day! Why are you uttering lie?! Manybe some days you can but many days not possible I am sure. Do not lure people, OK? I have found your system is not a good one. You put so many silly indicators(and increasing regularly!) and hoping making pips consistently! Anyway, God bless.

Dear fx200,

guess I have to speak up for trendman on this system. Perhaps there are some misunderstandings. I can understand your concerns, as I, myself had went through some of the frustrations b4. You can always look back on some of the threads which i posted for verification.

I believe there r 3 concerns here. 50pips a day? good system? silly indicators?

Firstly, getting 50pips a day needs alot of time and patience, as this is a scalping system (which means max 10pips/trade). Perhaps u can get 50pips in a single 15min or 30min trade from other systems, but u can always use this method on a longer time frame, if u feel more comfortable. And please note, the Stop Loss(SL) ratio to Take Profit(TP) for this system is very good. Personnally, my SL: TP is 2:1. as I wanted more allowance. Hence, perhaps, getting 50pips will need u to have 5 trades a day. For me, my target is 20pips a day and this is easily achieved.

Just a side track on the time and patience thingy. I used to be rather stero-type about the 50pips promise, and you are right, not many days we might get 50pips, that's b'coz, we need to be patience towards the market. If u just spend a week seriously(up to 18 hours a day) following this system, u will realised that there are many chances for us to enter. i, myself know that if I am tired and dont have time and energy, I will only get 10pips and stop for the day. And I had learnt to align my target and my lifestyle with the system. Please dont forget that Trendman is a full time trader, this is his main income.

Secondly, a good system? All I can say is, this is very subjective, but if you dont mind, I can share with you the principles and values of using this system.

Principles:
Only use this system :
1. if you have at least 10min of concentration when the alert sound. as you will need to monitor from there onwards.

2. if you are ok with a 2:1 SL:TP ratio.

3. if you want to be at least 80% sure of the trade.

Values:
The basic values of a trader are :
1. Patience,
2. Money management,
3. State of mind at that point of trade.

Last but not least, silly indicators? like what i said, i can feel the same sense of frustrations u have. But after using them for a week, you will realised the confidence you have whenever you take a trade. I also realised that my chances are higher and I am no more gambling whenever a trade is taken.

In conclusion, what I had learnt is to align my expectations and lifestyle with this system. And also there is more confidence whenever you take a trade. Trendman had done alot for this thread and after using, if u feel this suits u, please help to feedback. Take note that, til now, none of the users here had paid a single cent to Trendman and he is giving and doing us a favour for free.

Also, if u had found a better system which suits your trading principles and values, please share with us. The backbone values of this forum is share, and u never know, there is always something better.

Lastly, whatever I shared here is of my personnal point of view. It is not meant to convince or conclude anything or anyone. It is of education purposes.

thanks
regards
Cap

I am newbie making 20-30 pips/day using his system (with little adjustment to mach my trading style). Now what? Am I lier too?

Dear Trendman, Cap and Jajo,
Many thanks for your feedbacks. My point is that your statement must be honest. If you can help people great. If you can not do not make any false or exaggerate hope or statements. Forex market is definitely is a crazy market so everybody(those who are experienced for few years) must be very careful to make any statement on it. Yes, I have found few statements of trendman are very good. For instance about discipline, not be greedy, take small profit depending on the market etc. I love his pivotal indicator suggestion. But I am sure he can not make 50 pips everyday definitely not on most of the Mondays and Fridays. Also leverage he takes 500. I think that is too much. Nobody should exceed leverage more than 100. I personally even most of the case do not take leverage 100. Taking 500 leverage is not a greedy action? I am not sure. I hope trendman will make some comments again for our help. At least he has huge experience in forex, I have not. How about other guys; how you are performing in tresndman's system? God bless.

There definitely is potential here..I wonder if anyone had married
at least the m1 chart with the ribbons of fx50 to see how that
might help.

If anyone has a personalized version of the templates
that is working well for you.. please share here.

A screen shot or two would be great as well

Brian

hi everyone!

It has been a long time since come back to this forum. How's everyone?trendman, I hope u and your friends, partners well.

Anyone has any comments for this system? I have been seriously using this system for the past 2 months. Of cse, with a little modifications and a little bit more patience. lol.

I put in USD$200 on the 1st Feb 2010. As of now, my status stand at $307. working towards $500, so that I can start to buy 0.05 instead of 0.01 now.

thanks

cap

Hi Everyone

It has been a while, unfortunately my cousin who was only 28 years old passed away on the 17th feb,the cnacer he had was a very aggressive one and he lost the battle.
Thanks to all of you for your messages.

I am really sorry to hear that

Hi Trendman,
i am sorry to hear that. Is there anything we can help? ;-)
Cap

very sad news, i feel v sorry 4 this

Hello Fellas,

I am pretty new to this thread but I have noticed that there quite a good number of positive response regarding this strategy. I have downloaded the indicators and templates in page 1 and have also read the instruction. However, I am unable to read through all the pages of this thread due to time factor. There is a possibility that instructions given in page 1 of this tread may have been modified. Will appreciate if any1 can put me through such modification.

Regards,
Chirpy

Hi Trendman:
I'm very sorry about your lost.
It's good to hear from you.

which part r u at? tell us about it and we can help to solve.
thanks
Cap

Very good scalping system. Do not know whether it is the period, or just the system, my first day with it and saw the potentials of it. (would test it in demo for a couple of days to see)
Congrats to all the members.
I have a query. I read that volty channel dot must appear before the macd cross (in 1 min). Today I saw (real time) a signal in EJ, but not have taken that since the dot appeared later. I would appreciate a help about that.
In 5 min TF would you prefer macd cross or trix cross to take trades? I have taken some trades because of the trix cross, but the macd was in the opposite direction. (macd, etc in 1 tf was in my favor)

PS apologize about my English since is not my mother tongue