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pilotui replied Aug 19, 2009I second everything else mentioned below! Way to go Glen/Indrek!! 2 Trades coming up (if PA should take us that way...) Audible alerts set, baby monitor up...check. Both are 30 min shorts.
MTF Trix system
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pilotui replied Aug 19, 2009Live Trade 3 Closed — Ok, so Glen was right...shortly after entering the ATR dropped off to LOW and momentum died... +18 I exited for 2 reasons: 1. Color change of the 1H Histo 2. Big Doji on the last candle. +130 on the day. I've looked at ...
MTF Trix system
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pilotui replied Aug 19, 2009Indrek...also: So you drew the break line on the BODY of the candle NOT the wick correct?
MTF Trix system
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pilotui replied Aug 19, 2009Very nice Indrek... so you: 1. Waited for H1 Alert candle to close with signal arrow intact. 2. Drew the Break line at the High of the signal candle. 3. Entered on the break of the next H1 candle through the Break line? Is this correct?
MTF Trix system
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pilotui replied Aug 19, 2009Live Update — +32 right now...attached is chart with TP levels...Orange and Green.
MTF Trix system
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pilotui replied Aug 19, 2009Live Trade # 3 — Ok, here is the current H1 Trade I am watching...as always the break line on the 60 will keep me out of a bad trade by using the 5M as a reference. Chart 1, shows H1 Entry Signal with my Break line drawn Chart 2 shows the 5M ...
MTF Trix system
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pilotui replied Aug 19, 2009Sorry for so many posts! — Actually now in hindsight, and reviewing my notes: I should have exited the trade when my H1 Trix closed it's first opposite color. Clearly that would have been closer to the bottom. Too bad I was sleeping! I wonder ...
MTF Trix system
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pilotui replied Aug 19, 2009Thank you! — You too!! This is really a fun/great/simple system!
MTF Trix system
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pilotui replied Aug 19, 2009LuckyLady- hope this helps!! — The way I have interpreted Glen's trading system is exaclty what I wrote: I set my charts to a higher TF...30 60 240...wait for the alert from Scalper Signals...wait for the Alert Candle to close with the arrow ...
MTF Trix system
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pilotui replied Aug 19, 2009LOL, thats funny because I left the house got to work (hadn't logged in yet) and I opened up my trade log and wrote out my entire though process on the trade from beginning to end...compared it to the checklist I used and it matched 100%. Great ...
MTF Trix system
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pilotui replied Aug 19, 2009Thanks SIR...so just for my own mental well being...am I trading this system correctly? This is my 2nd consecutive winning trade with this approach. Also, it's the cleanest chart I've ever traded off of!!!

MTF Trix system
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pilotui replied Aug 19, 2009+112 GU — 30 Min Alert...waited for break of PA on 5M...once that occurred I entered. Then switched back to 30 min candle and waited for opposite signal alert...which just happened. Total Pips Available on this trade: 159 Total pips I made: ...
MTF Trix system
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pilotui replied Aug 18, 2009Thanks, I know it has helped me out...for the news I just downloaded the weekly news calendar into my outlook from finotec now I get alerts 30 min out from when news comes!
MTF Trix system
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pilotui replied Aug 18, 2009Yes, I've seen that for 30M/60M charts...if you draw the break line at the high of the signal candle (for a long) and then switch to 5M, you simply wait for the price to break out above the line. For 240M charts the same thing but you switch to 15M ...
MTF Trix system
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pilotui replied Aug 18, 2009Is this helpful? — Attached is the checklist I use to mirror Glens trading approach. I actually have it cut out and laminated on my desk! Works very well for (former military) me as it requires only reading and no-thinking! (Eventually ...
MTF Trix system
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pilotui replied Aug 18, 2009Ok, thanks...So a 30 Min chart can use the same settings? 5.0, 25.0? Also, you won't take a trade if the ATR is Low? Correct?
MTF Trix system
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pilotui replied Aug 18, 2009Finally, +30 GU — I've been getting pulled out of my office ALL DAY! Signal on the 30, Entered on the break of the line on the 5M and TP @ 30 pips! Thanks GLEN!!!!!!
MTF Trix system