baggermatsch,

You can enter the trade after the 2-3rd Candle closing. It's up to you.

One thing that might help you is using a smaller time frame TSU to enter your trade.

So goes something like this.

1hr 2-3 candle closes

Switch to a 30 min chart.

Once Mac D 11,12,11 closes below 0.00

switch to 1m chart and make sure its below the 100 MA

Then take the trade.

Note: You could even switch from the 30 min to the 5m and use TSU #1 as your entry.

One of the things I was hoping people would start to do as they slowly learned each TSU is that they all are overlapping and can alot of the times be used together.

You will naturally add your own things to the trades as you learn the market for yourself.

This forum was started to awaken the simplicity of trading and getting you to learn how to see and experiment for yourself.

We all can try new things and help each other with different indicators, as long as it does not look like a Star Wars film fighting sequence on your Plateform.

JS

Joe, I love your system, my success rate was around 60% before using your TSU, today I started using your TSU with a few added things and traded 100% 14 trades. I wanted to mention some other indicators I used to help me make sure the entry is good.
(SEE IMAGE)

1. Wait for the 3 to appear on the 1m and the 5m
2. wait for one full Heiken Ashi bar to change direction on the 1M
3. wait for the RSI (10), Momentum (8) and Stochastics (12,3,3) to all cross the 50 threshold on the 1M
4. wait for the MACD (5,10,10) on the 1M to cross 0 (this will almost always happen at the same time as the RSI/MOM/STO crossing 50.

EXIT
I pull out 50% of my trade when the 1M gets a full bar after the 3 appears. I pull out the rest when I see the RSI/MOM/STO crashing below the 50 threshold on the 5M

What do you think... as I have only used this system for one day, I may of just gotten lucky.

Attached Images

chartUpload.jpg (137.7 KB, 819 views)

mikemadman,

I see you have found one of my other TSU's. You will definitely get more accuracy but I doubt it will be 100% of the time.

Beware of the sideways market. You would be wise to add this to the 1hr TSU as an entry. This will improve the accuracy and keep you out of sideways markets. You might want to add in the S/R break as well. Now that you have seen a couple of my TSU's See how you can use them together. Make sure you are ready because it might become to much and take you away from K.I.S.S.

This TSU is a great scalping method. If you have the ability to over lap TSU's without it being to over whelming and using the K.I.S.S you will start to see the market instead of reacting to it. You have to get to know each TSU before you put them all together. I like how you put the 11,12,11 in with the other TSU of mine you found. That is exactly what happens when you start to think on your own. You put other indicators together and you start to see what others can not.

Like in sports. There are basic fundamentals to the game. You will always do fine if you keep the basics in mind. You will be even better if you improve on the small things. But beware if you ever get into a slump you will need to take off all the indicators and start over with one basic TSU tell you get your rythum back. Even Tigar Woods has to go back to the basics and find himself to get out of a slump.

Good work,

JS

P.S. I must admit your name seems a little suspicious. This is your first post hmmmm don't want to jump to conclusions and say this is MP6140. That is exactly something he would do. LOL

Well that's a little insulting thinking I am mp6140.... Not sure why if I was him I would change my name and tell you how much I like your system. It's all good though.

I did not realize when I wrote the message last night that you were the creator of the other TSU I read on babypips.... How strange that I came across two of your TSU's on two different forums. Especially since I just started trading and this thread and your thread on babypips are about the only threads I have read.

Anyways, you got a great system and I am excited about testing it out more tomorrow when the markets open. I also recently ran across another interesting TSU called THV Ver3 on forexfactory, it looks real promising, I will try it out in conjunction with your TSU, it looks like their system will help me identify a sideways market.

can anyone post the current version of this system? Thanks

Hi mike...
I'm very interesting with your chart looks.May you give me your template please?...thanks

krisna

ooopsss...almost forget...I think you didn't tell us about MACD in TF5...And, do you wait HA to close in white color (TF5),then switch to M1 to enter position?...sorry for my bad english...thanks
krisna

The MACD on the M5 is the same as Joe's TSU1 and TSU2 (11,12,11) its only different on the M1.

Joe you are right, you really have to watch out for the sideways market, I took a beating today because the market was flat the whole time. All the indicators were telling me to enter but it just wouldn't move very much, and of course I would think that it was just struggling a little bit and keep going in the direction I wanted it to, but they would keep hitting my SL.

So now I have a new rule... before I trade look at the 15M chart and make sure there is some movement going on before I start trading.

Attached is my template for the 1M and the 5M... You need to have the following indicators.

RSI, Momentum, Stochastics, MACD_Colored, Heiken Ashi2, 3_Level_ZZ_Semafor, _TRO_RANGE and ADX

Attached Files

	tsu2_modified_1m.tpl (8.5 KB, 89 views)
	tsu2_modified_5m.tpl (7.3 KB, 89 views)

mikemadman,

Yes every system works until the side market. This is what kills you. Most of the time you don't know your in a side ways market until the present becomes the past.

One thing you might look at is the Mac D in every time frame when you sit down in front of the computer. You can see today went short. There was a time that it went pretty much straight sideways.

So look at the Daily Mac D. What direction is it going? What was the past Mac D bar for the daily. Then go to the 4 Hour, the the 1 hr, then Look at the 30 mac D. After that it is to random and could go up and down while it goes sides. I would pay attention to the daily,4hr,1hr and see what you feel when your looking at the 30min....wait for your signal and only take the trade the is going with the total sum.

Today I would have only taken a short.


Try that and tell me how it goes.

JS

Joe you are awesome!!! I don't know why I never thought about this, but it makes perfect sense... So look at the 1hr and 4hr TF trend lines and the fibs, make your 1m and 5m trades only in the direction that the trendlines and the fibs recommend on the higher TFs. Every trade I made yesterday that was going against the 1H trend I lost.