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simon jousef's GTR trading room
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simon jousef's GTR trading room

 
Elite Member
Des Moines Iowa United States
 
Futures Experience: Intermediate
Platform: NT Ensign MT4
Favorite Futures: drums
 
Posts: 120 since Sep 2010
Thanks: 12,497 given, 36 received

UB?


rocksolid68 View Post
I have attended the GTR rooms free Tuesday trials on several occasions.

While I have been in the room they generally do quite well. I got used to their conversational style after awhile.

Question: Does anyone have an idea how they are deriving their "Magnet Lines" that the market "is drawn back to"?

The price for the room is steep but they seem to make money consistently from the sample of time I have watched.

@rocksolid68, I believe it is what they term as unfinished business ... I think

 
 
Elite Member
Rome
 
Futures Experience: Advanced
Platform: Ninjatrader/Metatrader
Broker/Data: Activetrades
Favorite Futures: 6E/EURUSD
 
Posts: 16 since Dec 2009
Thanks: 0 given, 40 received


rdtw View Post
@rocksolid68, I believe it is what they term as unfinished business ... I think

No...the so called magnet is a level in the footprint where ask=bid.
10x10
20x20
32x32 etc

The following 3 users say Thank You to leledc for this post:
 
 
Elite Member
toronto canada
 
Futures Experience: Intermediate
Platform: ib
Favorite Futures: option
 
Posts: 27 since Sep 2014
Thanks: 3 given, 3 received


Anybody can share the tutorial videos of gtr please help

 
 
Elite Member
Durham, NC
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: ES
 
Posts: 26 since Nov 2009
Thanks: 4 given, 6 received


jas12 View Post
Anybody can share the tutorial videos of gtr please help

Google is your friend?
https://www.youtube.com/user/GTRFuturesLiveRoom/videos

 
 
Elite Member
Durham, NC
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: ES
 
Posts: 26 since Nov 2009
Thanks: 4 given, 6 received

Gomi is a member?

Is this true? Our beloved Gomi is a member and partner for this GTR room?

I was shocked when i saw this ->

contact-us - Global Trade Room

 
 
Elite Member
Singapore
 
Futures Experience: Beginner
Platform: SC, TOS
Broker/Data: Inifinity Futures, TOS
Favorite Futures: NQ
 
Posts: 206 since Jun 2011
Thanks: 462 given, 199 received

Thanks for posting the link, mediaboy. Wow, what a surprise indeed!

 
 
Elite Member
Duluth MN
 
Futures Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker/Data: AMP
Favorite Futures: ES
 
rocksolid68's Avatar
 
Posts: 1,021 since Jan 2015
Thanks: 1,354 given, 2,657 received

Gomi

GTR introduced Gomi as a "partner" on their site a couple of weeks ago.

 
 
Elite Member
Bath/Somerset/UK
 
Futures Experience: Beginner
Platform: Infinity, IB
Favorite Futures: GC,SI, Currency futures
 
Posts: 8 since Apr 2015
Thanks: 2 given, 1 received

GTR

I have been attending some of their free trials for a while and Gomi has attended a couple of times while I was there. Market profile interests me.
GTR is a little hard to follow at times. I wonder if the other times of the week when its members only that it may be a little easier. I find the London session to be easier to follow.
Perhaps there are some GTR members here who have more info?
These guys seem to have a good trade plan and do seem to bring home the goods. They are friendly and helpful. Pricey to join. though!

This video explains in a bit more detail some of the indicators and strategy used. Jay does not appear in any of the free trials I have attended.

https://www.youtube.com/watch?v=n4U6bOkeIT4


Last edited by Eclipse247; June 14th, 2015 at 08:02 AM.
The following user says Thank You to Eclipse247 for this post:
 
 
Elite Member
Leeds UK
 
Futures Experience: Intermediate
Platform: FXTrade
Broker/Data: Interactive Brokers, CapitalSpreads, Oanda
Favorite Futures: GBP/USD
 
Tymbeline's Avatar
 
Posts: 429 since Apr 2015
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Eubie View Post
Cons:
- trades are done in multiples of 3 contracts with the same stop (e.g. 6 ticks), with targets being 5 ticks on two contracts and the last is left as a runner. As soon as the smaller targets are reached, the room operator will have made enough money for a "risk-free" trade where he goes for bigger profits. My problems with this is that the first two contracts have risk:reward < 1 which goes against all I feel is right.

That would make me uncomfortable, too, Daniel.

Still, it's a fairly time-honoured method: trade 3 lots with the first target set at half the SL or a little higher, the idea being to close those quickly, covering both dealing costs and the cost of the third lot which can then have a "free run". Joe Ross was teaching this over 30 years ago.

 
 
Elite Member
toronto canada
 
Futures Experience: Intermediate
Platform: ib
Favorite Futures: option
 
Posts: 27 since Sep 2014
Thanks: 3 given, 3 received

hi tynbelline


anybody
r u member of gtr if yes please let me know about more I am thinking to join but they asking too much I donot know is it worth or not
thanks


 



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