(T_S_R) very effective Trend Slope Retracement system by FXiGoR

FXiGoR

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Hi Everyone,

Most of the people don't have a clue what price is realy doing. They see a price or a line or a bar going up and down without understanding what price is realy doing. They see ,after the facts, that price was consolidating or it was trending. They don't know when or how to stay away from some pairs or from certain market conditions.
They have their favorit pairs and in the morning they take place in front of their pc they spit in their hands and say "Lets trade" without looking or knowing if their pair is in a condition to trade.
A lot of people have the tendency to react on every move. They don't see that some down moves are only a retracement in an up going market or the opposite that some up move is only some retracement in a down going market.
Most of the people who are looking for a system want something that could bring them as soon as possible in the market when a trend would pick up but then they forget that in a sideways market they gonna get a lot of false signals.
Most of the people look to their charts at the end of the day and they see that it was going up and then down and then up again and they wished that they could have something that could help them in taking all of these moves. But that is not how it works.
A lot of people jump in a positions and as soon if they are in the market, price starts to turn against them and they don't have any clue why that is.
Also a lot of people jump in the market whitout a stoploss that is based on logics. Meaning that they have for example a 20pip stoploss. But they use that stoploss on every pair ( a 20pip move against you on eur/chf is far bigger then on cable--maybe for some of you the value is the same but in potential move it is completaly different).
How many of you did not enter in the market, price goes against you, you take your stoploss and after you took it price goes the correct way and you don't get the set up to enter the market emmidiatly again.

If you have the feeling that one of those arguments is based on your trading or the way that you deal with the market and its conditions, then this system (method) will realy help you. It will help you on EACH of the points that I mensioned above.
This system will help you to understand the markets, the price action were to get in and were to get out if price goes against you and that based on true logic market conditions. It will learn you how the market is behaving. It will show were you better stay on the side line. And it will show the realy perfect entrys. You will get a feel of what a good reward/risk trade. You will see and know what the risk will be toworths a potential profit.
I promice you that this is a system(method) ,even if you abandon it, that now and then you will have a look at it to have a better vieuw on some market conditions.

Before we go any further lets understand eachother well. I am not interrested to teach people who have strong believe that they can trade for a living out of a 1-2000$ account. People who believe that they can make 100% profit in 1 month are using a leverage, if things go the wrong way they can loos the same amount of money over the same period. And I call that gambling. It has nothing to do with beeing a real trader. A real trader is very happy if he can make a 50% profit over a 1 year period. So I don't want any questions about wich leverage one should use or how much profit he could make on a montly base. Keep in mind that we will be faced with a constant sterling ration between 2 and 3. Meaning if our profit could be 400pips in a month the risk that we could take would be between 150-200pips. But the better you are the lower that risk will be. And by better I mean if you are realy good and understand the markets.

The rules of this system (method) are simple but yet again difficult for me to explain in words. I gonna post some charts of todays session and they should give you some impressions.
Monday I gonna open on paltalk a chatroom (www.paltalk.com go to business and finance then day traing rooms) were I will explain the rules and that for many days. We can watch some possible entrys that will show up and discus them according the rules and reward/risk ratio.
The name of the room will be "FXiGoR (T_S_R) Forex system. Free live call trading room".
The goal will be that this room will become self supporting (so that people will give their knowledge to other people without me beeing there).

regards... iGoR

PS. This offer is 110% FREE


RUN WITH THE BULLS AND HUNT WITH THE BEARS....
 

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Some rules:
The 2 slope lines with tomato color and dodger blue: gives us a picture on the big overall trend. Not nescassery that we trade according this trend. But if they are in same direction with the aqua and blue line the better or the more lickely we have a profitable trade.
The 2 Slope direction Lines (aqua and blue): gives us the trend that ONLY we trade accordingly. If these lines are aqua, we ONLY take long trades. If they are blue we ONLY take short trades. The steeper the angle of these lines the better. The steeper the angel of these lines the stronger the trend. We do not trade if these lines are more or less flat. We want to see them going up nicely or going down nicely.
The Signal line (green and red): If we take short positions this line has to be red. If we take long positions this line has to be green.On the smaller time frames this line wil trigger our exits.
The execute line (yellow and magenta): This is the line that will trigger our entrys. On the higher time frames it will also trigger our exits.

The entrys:
There are 2 different entrys. The " take my hand" set up and the "hick up" entry. These 2 entry set ups are very clear situations and have very tight stoplosses.

AUDIO FILE THAT EXPLAINES ALL THE RULES AND SETUP
In the audio file if you hear me say "yesterday" then that is refering to 19-9-2006.
http://rapidshare.de/files/35336821/BasicTSR.wma

TO THE "TAKE MY HAND" AND "HICCUP" PATTERNS WE ADDED 2 MORE SET UPS.
THE 1ST TOP-1ST BOTTOM SET UP AND THE SQUEEZE SET UP.
iN THE AUDIO FILE BELLOW YOU CAN HERE HOW THEY WORK

Today the "1st TOP-1st BOTTOM" pattern became the most important strategy in our trading.

http://rapidshare.com/files/2430996/...om_Squeeze.wma

For some reason some people can not download certain audio files from certain servers. For that reason the audio files are on 2 different servers.
These files were made and placed with the GREAT help of Arctic4x.

Explenation about the range: http://rapidshare.com/files/1542715/tsr_range.wma
Explenation about the range: http://www.mediafire.com/?9nmlzr5gkzm
About the new template: http://rapidshare.com/files/4100637/NewTemplate.wma
About the new template: http://z15.zupload.com/download.php?...filepath=35040
About higher TF after entry: http://rapidshare.com/files/4387877/...fter_Entry.wma
About higher TF after entry: http://z15.zupload.com/download.php?...filepath=35046
A setup that led to some good profit: http://rapidshare.com/files/7175555/...ood_Profit.wmv
A setup that led to some good profit: http://z15.zupload.com/download.php?...filepath=35050
The importance of 5min tf showing "setup" BEFOR 1min tf: http://rapidshare.com/files/7195963/5M_before_1M.wmv
The importance of 5min tf showing "setup" BEFOR 1min tf: http://z15.zupload.com/download.php?...filepath=35052
The TSR exit strategy: http://rapidshare.com/files/7321466/TSR_ExitStrat.wma
The TSR exit strategy: http://z15.zupload.com/download.php?...filepath=35057
The fish net pattern (or when NOT to trade): http://rapidshare.com/files/7883258/FishNetPattern.wmv
The fish net pattern (or when NOT to trade):: http://www.mediafire.com/?9omevzymqmq
How to define trend when trading TSR: http://rapidshare.com/files/8006870/Define_Trend.wmv
How to define trend when trading TSR:: http://www.mediafire.com/?6ztqnztwym2
Good explanation of a setup the 19th. December 06: http://rapidshare.com/files/8110720/Setups19Dec06.wma
Good explanation of a setup the 19th. December 06:: http://www.mediafire.com/?2ooizzmnnqj
Repetition of the TSR setup: http://rapidshare.com/files/7468649/..._TSR_Setup.wmv
Repetition of the TSR setup: http://www.mediafire.com/?7ynmjtgygqz
The next two files are for those that have the alert indicator:
Alert indicator settings: http://rapidshare.com/files/8098693/..._indicator.wma
Alert settings: http://www.mediafire.com/?bnw1jmmvzhy
How to setup the "dots" in the alert indicator: http://rapidshare.com/files/7882767/The_Dots.wmv
The_Dots: http://z15.zupload.com/download.php?...filepath=35065
How to get the alert indicator (token of gratitude): http://rapidshare.com/files/5134793/..._Gratitude.wmv
How to get the alert indicator (token of gratitude): http://z21.zupload.com/download.php?...filepath=12033


INDICATORS AND TEMPLATE UPDATED THE 18 Nov. 2006
 

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the "HICK UP" set up ...
Price stayed UNDER the blue slope direction line.
A situation that happens very quickly. One has to monitor this situation very close otherwise it happend before you know it. Once you are to late the stoploss is to big. But if you can spot them they have a bigger reward/risk ratio then the "take my hand" set ups
 

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the "TAKE MY HAND" set up...
Price retraced back ABOVE the blue slope direction line without changing the slope direction line back to light blue... a nice retracement in a bearish market. These situations happen over a longer period of time then the "hick up" set ups so they are easyer to spot but most of the times the stoploss is a bit bigger.
 

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If its all 100% free, and aside from the fact you just explained it all above anyway, why not stay on the forum you just advertised it on and post here when these setups appear? There is a weekly currency trading thread and more views and ideas are always welcome.
 
wasp said:
If its all 100% free, and aside from the fact you just explained it all above anyway, why not stay on the forum you just advertised it on and post here when these setups appear? There is a weekly currency trading thread and more views and ideas are always welcome.

Because I choos to teach it in an other way...Maybe you think that my attempt to bring people to an other place is some catch 22, but it is not...
Teaching people in a live audio chatroom is a far more effective way ...

regards...iGoR
 
FXiGoR said:
Because I choos to teach it in an other way...Maybe you think that my attempt to bring people to an other place is some catch 22, but it is not...
Teaching people in a live audio chatroom is a far more effective way ...

regards...iGoR


Fair play...

Cheers

wasp
 
FXiGoR,

Is there any description as to how the lines are constructed? (I cant unravel the code, but the Slope, for example, uses "methods", and somewhere in there a "MathSqrt" is used. )

Will participants in the chatroom be given explanations as to how the lines are made, and the reasons for the specific settings, eg, 120, 80 etc ?
(its useful to understand the underlying reason why the lines are there, and what they represent)

thanks
 
much thanks neil.

Hull MAs - chuffin 'eck, ANOTHER MA!!
(removes lag, but no guarantees that they wont give whippy signals in tight-range markets. interesting reasoning to derive the lines. need to get my head around the way it is constructed.)

The Bar Trend are Heiken-Ashi bars, now got Ensignsoftware website to read up on, to see why the bar representations are different to the actual candlesticks.

Just downloaded bog-standard Hull MAs from strategybuilderfx, (HMA.mq4) to play with.

Amazing. When will I ever get any sleep? :rolleyes:
 
trendie said:
much thanks neil.

Hull MAs - chuffin 'eck, ANOTHER MA!!
(removes lag, but no guarantees that they wont give whippy signals in tight-range markets. interesting reasoning to derive the lines. need to get my head around the way it is constructed.)

The Bar Trend are Heiken-Ashi bars, now got Ensignsoftware website to read up on, to see why the bar representations are different to the actual candlesticks.

Just downloaded bog-standard Hull MAs from strategybuilderfx, (HMA.mq4) to play with.

Amazing. When will I ever get any sleep? :rolleyes:

Hi trendie
I have been playing with these hma's recently, they appear rather good, I like using them to smooth other oscillators they do the business in that department for sure. I used them in the now defunked "dow which way" thread remember the "bat sonar" anyway that was not the complete failure that was thought at the time and unlike everyone else I am still working on it

http://www.tradersexpo.com.au/pdf/hull_moving_average.pdf

cheers

don
 
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because of the restriction of some characters the name of the room will be:

TSR Trend Slope Retracement Free Live Calls

regards...iGoR
 
I gave some of the indicators an other name so there would be less confusion (+ other template)
 

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For those who missed the first session today here is a sound recording. Warning the file is about 55Meg in size and goes for 6 hours. I used .wma for file format as it offered the best size/quality. For anyone just starting out or still very new, there is some great info here in this first day, just get ready to sit through 6 hours of class :D

P.S: For those who havent listened to the quick intro/guide audio file I would do this first.
http://www.sendspace.com/file/yvkpjj
http://www.mysharefile.com/v/982967...basics.wma.html
http://rapidshare.de/files/33935471/tsr-basics.wma.html

http://rapidshare.de/files/33585849/tsr-day1.wma.html
 
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mmmmmmmm

my initial reactions regarding Hull MAs.

The way they are calculated certainly seem to remove some degree of lag.
This means they can show "history" with greater fidelity. :)
This does not mean they can predict the future behaviour.

The principles being discussed in the paltalk room, are essentially;
"use a broader-MA to determine trend, and use smaller MA-turns as entries into the main trend".
eg; if the broader trend is up, ignore SHOTRS, and only take LONGS, etc.

This is something that most MA-players have deduced by themselves. (even me)
(Bogavino uses MA-crosses, but use RSI above-50/below-50 as trend-determiner - lovely)

All that is happening, is that Hull-MAs are being used.
Not that this is anything bad.
But if you are going to have such short-term MAs, such as 5-Hull, you might as well learn price-action, such as 1-2-3 reversals on 5-mins or dojis/hammers.

However, unless your platform allows Hull-MAs, you cant easily transfer your strategy across platforms.
Personally, I am simplifying my strategy such that my indicators DO NOT rely on any special-calculations.
Personally, I will stick to EMAs and bog-standard stuff.

Pretty-lines though - the way they change colour when they change direction.
 
EDIT:
another thing to be wary of is that the actual candlesticks, OHLC, are replaced by Heiken-Ashi bars, and thus, your candlestick bar analysis, (dojis, hammers, etc), are not based on OHLC, but on reformed bars.

This actually prevents you from doing Price Action analysis. :)
 
trendie said:
mmmmmmmm

my initial reactions regarding Hull MAs.

The way they are calculated certainly seem to remove some degree of lag.
This means they can show "history" with greater fidelity. :)
This does not mean they can predict the future behaviour.

The principles being discussed in the paltalk room, are essentially;
"use a broader-MA to determine trend, and use smaller MA-turns as entries into the main trend".
eg; if the broader trend is up, ignore SHOTRS, and only take LONGS, etc.

This is something that most MA-players have deduced by themselves. (even me)
(Bogavino uses MA-crosses, but use RSI above-50/below-50 as trend-determiner - lovely)

All that is happening, is that Hull-MAs are being used.
Not that this is anything bad.
But if you are going to have such short-term MAs, such as 5-Hull, you might as well learn price-action, such as 1-2-3 reversals on 5-mins or dojis/hammers.

However, unless your platform allows Hull-MAs, you cant easily transfer your strategy across platforms.
Personally, I am simplifying my strategy such that my indicators DO NOT rely on any special-calculations.
Personally, I will stick to EMAs and bog-standard stuff.

Pretty-lines though - the way they change colour when they change direction.


Your reply does not make any sence in the way the TSR (Trend Slope Retracement) is working.
It uses the HMA (hull MA) only to visualize what is realy happening in this way that we can recognize patterns.
If someone would ask me in wich category I have to place this method it would not be in the category "based on indicators" but it would be without any doubt in the category "pattern recognition".
I have a strong feeling that you only looked to the indicators used in the system and based on negative experiences with them, you judge the reliablity of them.
A needle is aspecialy made for sewing...but with a needle you can also take a splinter out of your finger.
There is no way I use this HMA were one normaly uses an MA for. For ex. crossing of price with the MA. If we start with a setup like that we know that short MA's will give way to many false signals and long MA's will lag way to much. Those problems are something that my aproach ABSOLUTLY not has to deal with. It uses short MA's for its very specified job were it has to play close on the ball (without giving false signals) and it usses long MA's were it is needed to show the trend so we take only the positions according the trend. If it lags we don not care because we don't want to take trades in the very beginning of a trend. We only want to take a part of a move were the MA's show us cleary that there is already trend.
The TSR aproach is not an anticipating aproach (because the hitrate of anticipating systems or methods will NEVER exceed the 50% hitrate.
The TSR aproach is only taking partial moves out of a clear trend . It takes slices out of a cake and never the intention to take the whole cake,were other indicators-systems (for ex. based on MA's) are continous on the look out to jump as soon as possible in a trend. With the negative result that they have a lott of false trades in a sideways market.
We don't have ANY false trades in a sideways market because the TSR method does not allow us to trade in a sideways market. As I said it only allows us to trade when there is a VERY clear trend. I have build this very same setup in metastock without the discretionary elements and on the european BUND I have this year 48 trades. 48 winners zero loosers (= 100% hitrate). I have to add to this that the profit target is very small. But that does not matter because it is impossible to have a hitrate higher then 50% with normall setups or systems that uses MA crossing to trigger signals.
About the Heiken Ashi: we use this indicator aspecially so we would NOT see the price action. It gives as Doji bars ONLY were it is needed. In normall candlestick analysis we know that we can have strong patterns. But if we build a system on it (wich is possible with metastock we see that the hitrate of certain "strong candlestick formations" is not higher then 50%. But they help us to visualize tops and bottoms. Some sort of a reminder. But after a while if one looks to them you neglect them because one can have a perfect shooting star (sign of a top) in the middle of an up move or a perfect hammer in the middle of a down move. The heiken ashi prevents that. It gives 90% of the doji bars on tops of bottoms. Were normall candlesticks can give them every were.
So the combination of the heiken ashi and short HMA's and long HMA's will help us to recognize patterns. The 2 patterns that we look for are the "take my hand" set up and the "Hick up" set up. Only when we see those 2 patterns we will take a positions and still with the nescessary discretion that can be teached but never programmed.

I have the feeling that you for yourself have a idea with wich indicators or rules a system has to work with and if that does not fit in your vieuw then your reaction is that one can better look to the price and do 123 trade.
Many people ( and probably you) think that they can start trading by looking to price but then they feel that they have way to much "noise". To prevent this they start to use MA's but then they have the feeling that this MA is laging on the price. With this idea or contradiction in mind they keep their whole trading live searching for an indicator that could show them when to enter a trade without false entrys ( so filter out the noise) but yet quick enough to be from the very start into a trend. A "contradictio interminis"....

Today in the room, on the entrys and exits we spotted we made a profit of 135pips. There were severall matematicall entrys that I rejected, because of not beeing text book entrys. If not the result would have been double. Yesterday in a sloppy market we got away with a breakeven result on 6-7 trades.
So I can only end with the following, learn the complet setup and don't try to be a technician that analizes the indicators without REALY knowing what they are used for and look to the results (profit losses) after a month. Then try to judge the TSR system publicly.
One does not listen to the first 10 notes of the 7th symphony of Beethoven and then try to write something objective about it...

regards...iGoR
 
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FXiGoR said:
One does not listen to the first 10 notes of the 7th symphony of Beethoven and then try to write something objective about it...

Heinrich Schenker did exactly this.....

To compare the Trend Slope Retracement indicator to a Beethoven symphony is perhaps a conceit too far IMO.
 
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