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Gleneagles replied Aug 13, 2009OK that covers the basics of Trix MTF, it is basic, it is simple and it works for me. I have not posted the common sense rules that every trader should know. Trading before, during or shortly after major newsevents etc. etc. I will post a few trades ...
MTF Trix system
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Gleneagles replied Aug 13, 2009Trading times — LDN/EUR open 05H45 GMT- 10H00 GMT NY 12H00 GMT- 15H00 GMT It is not cast in stone but the majority of decent entries will fall within those periods.
MTF Trix system
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Gleneagles replied Aug 13, 2009MTF — Pairs traded: 1) GBPUSD 2) EURJPY 3) GBPJPY 4) EURUSD In order of preference.
MTF Trix system
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Gleneagles replied Aug 13, 20095M: 12 3 6 The rest: 8 3 6 Not sure whether the MA settings are optimal, I look at Trix mainly.
MTF Trix system
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Gleneagles replied Aug 13, 2009It is the indi I mentioned earlier smscalper....you can use the DX indi as well, it should draw the arrows on the charts as well.
MTF Trix system
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Gleneagles replied Aug 13, 2009Absolutely... a signal is only a signal on confirmation... never on speculation. I have been burned too many times in the past jumping the gun.
MTF Trix system
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Gleneagles replied Aug 13, 2009I have 3 setups I look at. 1) Intraday or longer term 240m as trend filter 2) Intraday also but slightly shorter term 60m as trend filter 3) Short term (scalping?) 30M as trend filter
MTF Trix system
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Gleneagles replied Aug 13, 20095M — 5M chart. Nothing exiting sorry, just with pivots added.
MTF Trix system
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Gleneagles replied Aug 13, 2009Hello Indrek, Sorry, you are right, I just assumed everybody would understand
I have a multi-monitor setup so space is not a problem. I have 3 charts open at all times. 5M 15M 60M . I like to keep the charts free from any " extras " I do not ...MTF Trix system
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Gleneagles replied Aug 13, 2009I use smscalpersignal indi on individual charts...not the MTF indi. It will draw an arrow on the chart, keeps the charts clean and tidy and gets around repainting issues. Always wait for candle to close before considering a trade. I take all trades ...
MTF Trix system
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Gleneagles replied Aug 13, 2009Don`t worry, maybe it was an accident
If you try hard enough you will find some losing trades.MTF Trix system
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Gleneagles replied Aug 13, 2009Stick to the active trading times like LDN/EUR open and NY. Once the trading activities drop of, you are into the whipsaws and consolidation.
MTF Trix system
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Gleneagles replied Aug 13, 2009I trade MTF more as an intraday system, rather than scalping method. I look for 25 pips minimum as first TP target. I set TP targets as set out in an earlier post, after 25 pips move stop to BE once first TP is reached.
MTF Trix system
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Gleneagles replied Aug 13, 2009Smart trading! If you don`t mind me asking...... When was the last time you achieved 5 consecutive winning days of 20 pips each ..or more?
C4 Scalping
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Gleneagles replied Aug 13, 2009I trade more than one trading system because trading for me is a business..not a hobby or a computer game. I keep the risk profiles and trading methods miles apart because they both fit into my investment/trading plan. You can either be a pimp or a ...
C4 Scalping
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Gleneagles replied Aug 13, 2009Agree, the problem some traders face is that they concentrate so much on avoiding losses that they forget to win

C4 Scalping
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Gleneagles replied Aug 13, 2009Progress?? — I am seeing some real progress today and a positive outlook again. Some great trades posted and some basic mistakes as well...but it is on track again. It is amazing what can be achieved if you focus and trade to win rather than ...
C4 Scalping