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1
MTPredictor Webinars / MTPredictor Training Room for Tuesday Mar 28
« Last post by MTPAdmin on March 27, 2017, 02:14:23 PM »
Hi,

Join us for the Tuesday's MTPredictor Training Webinar webinar:

Schedule: Tues 10:30 AM EST - 11:15 AM EST

Direct Link: https://attendee.gotowebinar.com/register/584417200040781058

In this Webinar, MTPredictor developer, Steve Griffiths will conduct Advanced Training with the MTPredictor software, to teach customers how to get the most from the software. this session is a MUST if you want to learn how to use MTPredictor to its full potential.

After registering, you will receive a confirmation email containing information about joining the webinar.

Thanks
Steve Griffiths
MTPredictor Ltd

Risk Disclaimer and Disclosure. Trade at your own risk. The information provided here is of the nature of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade. You should seek appropriate advice from your broker, or licensed investment adviser, before taking any action. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance track record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under or over compensated for the impact of certain market factors, such as the lack of liquidity. Simulated training programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profitable trades similar to those shown. All trades shown are hypothetical, they were not executed. They are just shown for illustration and training purposes only. There is risk of loss in trading and investing. All trade decisions are your own sole responsibility
2
General Discussion / Re: MSA--Market System Analyzer
« Last post by PRH on March 25, 2017, 06:26:12 PM »
Steve touched on this subject quite a few times, that the markets go in cycles.

It is upon us to notice that market behavior is changing and to adjust accordingly.

In my trading, much longer term (daily and weekly charts) and not restricted to the ES, NQ or YM, I had a great run from Jan 1 until last week. Markets have changed, now we have very few positions.  Not all markets are in sync. For example there are great opportunities both long and short in the grains now.  We trade crude oil, bonds, grains, meats, lumber but only when any of these presents an excellent trading opportunity.

In short, it is more important to not trade, to observe market behavior and to strike with adequate risk control when there is a trade setup, trade like a cheetah, observe and stalk the "prey" and strike quickly, decisively until objectives are achieved (WPT target or stop reached). Over time, I have become much more selective and conservative, which imparted a beneficial effect on the bottom line and peace of mind.

Trading is a business which should be treated as such.

I hope this helps.

PRH
3
Support Questions / Re: Video Quality of Member Webinars
« Last post by MTPAdmin on March 24, 2017, 02:32:17 PM »
Hi SysTrader

Just to let you know that we have gone back to our old Webinar program (GoToWebinar) which has higher quality recordings.

Thanks

Steve Griffiths
4
General Discussion / Re: MSA--Market System Analyzer
« Last post by inumaran on March 24, 2017, 12:55:17 PM »
Also please upload the MSA updated  results once a week in the members are so that we know which cycle we (up or down) are and we can benefit from it
5
General Discussion / Re: MSA--Market System Analyzer
« Last post by inumaran on March 24, 2017, 12:44:31 PM »
Thanks Steve,,,

I would also like to see traders who are successful in using MTP should present some time webinar so that other MTP users are benefited.

thanks
6
General Discussion / Re: MSA--Market System Analyzer
« Last post by MTPAdmin on March 23, 2017, 03:50:42 PM »
Hi Inumaran

To help I have just uploaded a video showing 5 years of results (Hypothetical, they were not traded) on the 3min YM from Dec 2010 to Jan 2016. the results are just for the Automatic setups in the STF trend direction, managed using the standard MTP trade guidelines:

http://www.mtpredictor.com/data/mtpredic/uploads/video/Videos/SystemTrading/SystemTrading.html

As you can see from the video, the results go through Cycles, where there are periods of losing trades as well as periods of good Profits. As I say in the video, if anybody was unlucky enough to start just at the wrong time and catch a losing period, then a 2-3 month period can look horrible. This is the same for any 100% mechanical system, and is why I do not suggest that MTPredictor should be traded in this way.

I do look at one option, and that is to use the 20-period moving average to keep you out of the losing times while being able to take advantage of the good (winning) periods.

The video also shows very nicely how Markets (and trading results) go through Cycles, and is why I teach about the Cyclical Nature of Trading in our Webinars. About 50% (or maybe a bit more) of the time markets are random and have no clear patterns, during this time any mechanical system will have a draw-down. The other 50% of the time, the patterns are clearer and it is in this time that the best trading opportunities fall.

Thanks, and I hope this helps ?

Steve Griffiths

Note, no trades were taken, these results were just followed each day in a Spreadsheet.. 


7
General Discussion / Re: MSA--Market System Analyzer
« Last post by inumaran on March 22, 2017, 08:37:43 PM »
Steve

If  you follow the MTP trend ,,, it is not clear which setup to take. 
You have to go through one instrument at least for few days and explain.? so that we know what is working and what is not working.
I don't agree with after the fact webinar...
thanks
8
General Discussion / Re: MSA--Market System Analyzer
« Last post by inumaran on March 22, 2017, 08:31:50 PM »
TO

Elliot wave 6

60 day YM from 11/16/05 to 1/15/06 --> -12 R
60 day ES from  11/16/05 to 1/15/06 --> -35.2 R
60 day NQ from  11/16/05 to 1/15/06 --> -35.3 R  (-9 R units @ 1/8/2016)
30 day GC from 12/14/05 to 1/15/06 --> -16.7 R



I back tested for 120 days all the above instruments.....  all loses only similar to the one you indicated.

I am wondering who is making money ??? If some one is really making money they should present webinar so that other MTP   users are benefited....
They should take one month and go through the trades for atleast  one instrument 
may be ES....or NQ. 
9
Analysis by Steve Griffiths / Nails the High on the ES
« Last post by MTPAdmin on March 21, 2017, 03:51:18 PM »
Hi Everybody,

In today’s MTPredictor video I take a look at the VS sell on the ES that nailed the high of the day so far today. The VS setup is one of the new Trade setups in our brand new MTPredictor 8 version:

https://youtu.be/k8w3la5S3bo

As you can see, this VS sell nailed the high and got you short, ready as the ES started it sharp decline. At the time of recording the video, the ES was still falling like a stone and the short trade would be sitting on over +10R Profit. Please see the video for the details including the higher time-frame Analysis and a look at how this was also an “inside Gap” day as well.

Thanks

Steve Griffiths

Risk Disclaimer and Disclosure.
Trade at your own risk. The information provided here is of the nature of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade. You should seek appropriate advice from your broker, or licensed investment advisor, before taking any action. Hypothetical or simulated performance results have certain inherent limitations.  Unlike an actual performance track record, simulated results do not represent actual trading.  Also, since the trades have not actually been executed, the results may have under or over compensated for the impact of certain market factors, such as the lack of liquidity.  Simulated training programs in general are also subject to the fact that they are designed with the benefit of hindsight.  No representation is being made that any account will or is likely to achieve profitable trades similar to those shown.

All trades shown are hypothetical, they were not executed, they are just shown for illustration and training purposes only.

There is risk of loss in trading and investing.  All trade decisions are your own sole responsibility.
10
MTPredictor Webinars / MTPredictor Training Room for Tuesday Mar 21
« Last post by MTPAdmin on March 20, 2017, 02:10:20 PM »
Hi,

Join us for the Tuesday's MTPredictor Training Webinar webinar:

Schedule: Tues 10:30 AM EST - 11:15 AM EST

Direct Link: https://attendee.gotowebinar.com/register/26325988345231619

In this Webinar, MTPredictor developer, Steve Griffiths will conduct Advanced Training with the MTPredictor software, to teach customers how to get the most from the software. this session is a MUST if you want to learn how to use MTPredictor to its full potential.

After registering, you will receive a confirmation email containing information about joining the webinar.

Thanks
Steve Griffiths
MTPredictor Ltd

Risk Disclaimer and Disclosure. Trade at your own risk. The information provided here is of the nature of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade. You should seek appropriate advice from your broker, or licensed investment adviser, before taking any action. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance track record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under or over compensated for the impact of certain market factors, such as the lack of liquidity. Simulated training programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profitable trades similar to those shown. All trades shown are hypothetical, they were not executed. They are just shown for illustration and training purposes only. There is risk of loss in trading and investing. All trade decisions are your own sole responsibility
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