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newtrader100

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    TradersLaboratory.com
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  • City
    london
  • Country
    United Kingdom
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    Male

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  1. Thank you tickiman and hlm for your replies, hlm....there's certainly no need to apolgize, any comments regarding trading and TTZ are greatly appreciated. It's good to know that the 3M chart determines the set ups rather than MP, maybe they push the MP bit in the room to throw people off the scent a bit as to the true set up rules. I have certainly seen them take a position in a "MP" S/R level which seemed contra to my (basic) understanding of MP. In fact, I may be completely wrong on this, but MP to me shows areas of possible S/R or good areas to buy/sell which would obviously mean working limit orders, whereas their set ups are buy/sell at the market (orders), but as my name suggests, I'm new to this and could easily be wrong. I'm not surprised that Sec has possibly left, but I still won't, for the time being at least, be buying their course.
  2. Hlm or anybody else that cares to comment, do they (TTZ) actually use MP for their trading? I’m new to MP and everything I’ve read about it says to use a 30 minute time frame, but Greg refers to a 3 minute time frame and sec a 55 tick one. So, what am I missing ? I can’t get their entries to match up with anything I look for in MP, therefore I’m starting to think that they actually don’t use MP at all, or use it only as a supplement to a normal 3 minute or 55 tick bar chart with a 3 bar set up or whatever indicators they use. Greg did write something about linear regression that is available on the net (a simple goggle search will find it), is this part of their approach more so than MP? Also, in your opinion, do you think it’s worth $2,600 ? I did think about joining, but sec really put me off that idea. tia
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