risk disclosure statement / disclaimer agreement€¦ · by purchasing any content, subscribing to...

14

Upload: others

Post on 22-Aug-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided
Page 2: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided

Tradeonix

2

RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT

Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation nor an offer to Buy/Sell any financial market.

The contents of this material are for general information and educational purposes only [contents shall also mean the website http://www.tradeonix.com or http://www.tradeonix.net or any website (“the sites”) the content is hosted on, and any email correspondence or newsletters or postings related to such website]. Every effort has been made to accurately represent this product and its potential. There is no guarantee that you will earn any money using the techniques, ideas and software in these materials. Examples in these materials are not to be interpreted as a promise or guarantee of earnings. Earning potential is entirely dependent on the person using the product, ideas and techniques. We do not purport this to be a “get rich scheme.”

Although every attempt has been made to assure accuracy, we do not give any express or implied warranty as to its accuracy. We do not accept any liability for error or omission. Examples are provided for illustrative purposes only and should not be construed as investment advice or strategy.

No representation is being made that any account or trader will or is likely to achieve profits or losses similar to those discussed in this report or on http://www.tradeonix.com or on the sites. Past performance is not indicative of future results.

By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided herewith, you will be deemed to have accepted these terms and conditions in full as appear also on our site, as do our full earnings disclaimer and privacy policy and CFTC disclaimer and rule 4.41 to be read here with. So too, all the materials contained within this course, including this manual, whether they appear on our domain(s) or are in physical form, are protected by copyright. "Warning: The unauthorized reproduction or

distribution of this copyrighted work is illegal. Criminal copyright infringement, including infringement without monetary gain, is investigated by the authorities and is punishable with imprisonment and a fine." We reserve all our rights in this regard.

Alaziac Trading CC, in association with http://www.tradeonix.com, the sites, content, and its representatives do not and cannot give investment advice or invite customers or readers to engage in investments through this course or any part of it.

The information provided in this content is not intended for distribution to, or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

Hypothetical performance results have many inherent limitations, some of which are mentioned below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and actual results subsequently achieved by any particular trading program and method.

One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk and no hypothetical trading record can completely account for the impact of financial risk in actual trading.

For example, the ability to withstand losses or to adhere to a particular trading program or system in spite of the trading losses are material points that can also adversely affect trading results. There are numerous other factors related to the market in general or to the implementation of any specific trading program, which cannot be fully accounted for in the preparation of hypothetical performance results. All of which can adversely affect actual trading results.

We reserve the right to change the set terms and conditions without notice. You can check for updates to this disclaimer at any time by visiting http://www.tradeonix.com

Governing law: this policy and the use of this report / course / DVDs / eBook, provided in any form, and any content on the website are governed by the laws of the Republic of South Africa. If any dispute arises the parties have agreed to resolve it with the help of an arbitrator in the following location: Durban, South Africa. Further details on this are found under the Terms and Conditions on our site. Please ensure you have read and agree with all Terms and Conditions as set out on our site before using any of the materials. Your use and reliance on the materials is based on your acceptance of such Terms and Conditions and policies as appear on the site.

Page 3: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided

Tradeonix

3

1. Preface

Tradeonix was built primarily as a trend following trading system. What I want to show

you in this module is how to trade with the trend from a higher timeframe when it looks

like the trend is changing on the timeframe you are on.

This will seem as though you are doing some counter-trend trading, when in reality, you

are simply continuing the trend following method from higher up.

On the Tradeonix template, the Arrows Panel has 2 smaller arrows. These are the higher

timeframe arrows for the TBL and the TBM.

It's the TBL that we are interested in.

Image 1

The TBL HTF tells us what the TBL is doing on the next higher timeframe. The TBL shows

us the trend direction we want to trade.

We want to be trading in the direction of the TBL, and the TBL on the next higher

timeframe carries a lot of weight with us.

Page 4: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided

Tradeonix

4

2. Next Higher Time frame

What is the Next Higher Time frame?

For users of the Tradeonix system, each time frame has a "higher timeframe".

Here is the list of the time frames you are trading and its higher time frame relative:

Image 2

For example, when we are trading the 15 minute time frame, the TBL HTF is looking to

see what the TBL on the 1 hour is doing.

When we are trading the 5 minute, the TBL HTF is looking to see what the TBL on the 15

minute is doing.

We have learned to trade with the trend because the trend direction has the most

potential for the best trades, or the greatest follow-through. An upward trend direction

has the best potential for a long trade to work out.

Page 5: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided

Tradeonix

5

Below is a 15 minute chart with a section of the TBL red. At this point the TBL has decided

that the trend is attempting to change direction to the short side. This section has been

marked off with the yellow vertical lines.

Image 3

Below is the 1 hour, this is the higher time frame of the above 15 minute. You will see

that although the TBL turned red on the 15 minute, it remained green on the 1 hour. The

same section is marked off with the yellow vertical lines.

During the pullback on the 15 minute when the TBL turned red, the TBL HTF (on the 1

hour) remains green.

Image 4

Page 6: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided

Tradeonix

6

3. Long HTF Trade

Here is the trade as it happened and what the TBL HTF looks like during the process.

The market pulls back and turns the TBL red, but the TBL HTF stays green.

Image 5

We want to keep an eye on the TBL HTF and make sure it doesn't turn red. If it stays

green, what we are looking for is a long trade. This would be a trade in the direction of

the higher time frame trend.

Trades in the direction of the trend tend to have the potential to move farther than your

average trade.

Page 7: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided

Tradeonix

7

The TBL turns green and the Tetragram prints a big green bar. This would be the higher

time frame trend resuming its course.

Image 6

This makes for an excellent long entry.

This is a long entry with potential.

I often place a 2:1 reward to risk on these higher timeframe trend trades.

Page 8: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided

Tradeonix

8

The result is a nice trade that goes a long way.

Image 7

1. The trade is placed at the close of the signal candle.

2. The stop is placed under the TBM of the signal candle.

3. A 2:1 Take Profit is placed.

4. And as always, the trade is managed along the TBM until the trade is closed.

Page 9: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided

Tradeonix

9

The TBL has turned red suggesting the trend is going to be down, but the TBL HTF is still

green, showing that the trend on the higher time frame is still up.

Image 8

TBL and big Tetragram bar appear, we can place a long trade.

Image 9

Page 10: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided

Tradeonix

10

4. Short HTF Trade

This is an example of a short HTF trade as it's setting up. The chart we are trading from

is a 5 minute GBPAUD.

The market moves up and the TBL turns green. The big green Tetragram bar confirms

that the trend is up.

During this initial movement upward, the TBL HTF remains red showing that the TBL on

the higher time frame, the 15 minute, is still red.

Image 10

Page 11: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided

Tradeonix

11

We get a red TBL and a big red Tetragram bar.

Image 11

The down trend from the higher time frame appears to want to continue to move

downwards.

This would be our signal to go short.

This kind of trend following trade lends itself well to a 2:1, so we would place a profit

target that is twice as large as the Stop Loss.

Page 12: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided

Tradeonix

12

The result is a nice trade:

Image 12

1. The trade is placed at the close of the signal candle.

2. The stop is placed above the TBM of the signal candle.

3. A 2:1 Take Profit is placed.

4. The trade is managed along the TBM until the trade is closed.

Page 13: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided

Tradeonix

13

Change of trend turns TBL green, but the TBL HTF remains red.

Image 13

Trend changes back to the direction of the TBL HTF. The TBL turns red and the Tetragram

prints a big red bar. A short trade can be placed.

Image 14

Page 14: RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT€¦ · By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided

Tradeonix

14

5. Conclusion

The higher time frame has always been referred to as a great indication of a powerful

move on the time frame you are trading. The higher time frame will determine the

strongest trend bias.

With the TBL HTF indicator we get a simple glance at what the higher time frame trend is

doing, and now after this manual, you will be able to take advantage of the move the

markets make.

The TBL HTF can be used as an additional filter. When you get a signal to take a short

trade, but the TBL HTF is still green, there is less potential for the market to move

downwards.

When you get a signal for a long trade and the TBL HTF is still red, the market may not

move very far in the direction of your trade.

Take this information, make bigger trades and stay out of trades that may not move so

far.

The best of luck in your trading career!