TUFXP Strategies

This page will be designed for my TUFXP e-book as I get quite a few emails asking if the e-book available at Cash-master is TUFXP based. I had originally hoped that Cash-master would run the sales of my TUFXP e-book but unfortunately cannonbury decided they didn’t want any affiliates selling any non official products despite the fact I have made it clear that TUFXP nor cannonbury are affiliated with me or my settings. Anyway, I have designed 5 settings for use with TUFXP that I have created myself and tested under live conditions for over 4 months now. They range for scalping to longer term trades that can last upto 2-3 days dependent upon market conditions. The importance of live testing cannot be underestimated as it’s incredibly easy to create backtest wonders with TUFXP.

It’s a little raw as it’s a screenshot from my e-book but it should show you the general idea. The strategies continue to work after 4 months of live testing and further indepth analysis is provided in the e-book. If you wish for any further information, don’t hesitate to contact me; john@dubaitraderblog.com

 

I’ve had a few people ask me about the FTSE Future trades so I’ll post the settings here. The symbol for iqfeed is LF#. If you want live data, it’s an extra $27 a month from iqfeed, otherwise it’s delayed 15 minutes making it impossible to trade the PTPs live but fine to evualute the performance at the end of the day.

PTP:8

Filter low volume PTPs. Show Supers.

Trades between 7:59am-1:00pm.

Stop:100% of 1 bar.

Scalp: 20 pips

Entry: 50% extension of 1 bar applied to High/Low.

Exact same rules as the GBPUSD trades, max stop 35 pips. Stop after 1 win, if a loss, take next trade; if a win, one more trade. If a loss, stop for the day.

 Update: It seems May might have been a flash in the pan as June recorded a loss of around 30-35 pips. Not exactly end of the world stuff but would have liked to have seen a gain. Will monitor for another month and see how it goes.

    • John Smith
    • January 11th, 2010

    Do you have any further information or stats on your TUFXP method? I’ve had TUFXP for about 5 months and have not touched it since November as I wasnt finding a strategy that worked so was thinking of flogging it!

    • Hi John,
      Yep, plenty of stats for you. Any ones in particularly interested in? Pip totals? % gains? Success rate? etc

    • Austin
    • January 12th, 2010

    John, I hope that the New Year has started well for you
    Great reading on your site and hope that the trading is going well

    Hope that the sales of your ebooks are going well – certainly getting great press in Cash Master!
    Out of interest, are there both TUFXP and non-TUFXP methods in the book?
    Or are there two different books?

    Happy pipping

    Austin

  1. Hi Austin, great to hear from you.

    There are two seperate books as CM couldn’t market my TUFXP strategies. The TUFXP e-book is available through me.

    Hope everything is going well for you and thanks for the continuing to read.

    • John Smith
    • January 12th, 2010

    John, most of the stats I wanted to know is in the 2 screenshots you attached. Are they upto date?

    Are all 5 strategies run concurrently and on how many currency pairs? so could you have 3 differenty strategies running at the same time on the 2 different currency pairs (so 6 active trades?)

    results look very impressive 4575 pips since 18th Dec?

  2. Hi John,
    The 2nd table shows live results from 1st September to 18th December which was the end of trading year for me. So it’s around 1,100 a month average.

    The pairs covered are CHFJPY, GBPUSD and EURJPY. The strategies are run throughout different times of the day so from experience the maximum open trades is 2 or 3 max. A couple of strategies are selective and I never seen more than 3 strategies running at the same time and that is very rare.

    • John Smith
    • January 14th, 2010

    how much does your TUFXP ebook cost?

    • Hi John,

      The cost is £97 to new customers and £50 to existing customers.

    • trevor kenworthy
    • January 17th, 2010

    Hi John,
    I’m a TUFXP owner but I have never really been able to get the best out of it, so I’m interested in your strategies. Can your Dubai Strategies be run alongside the TUFXP ones or will there be duplication in trades and too much to follow at once?

    • Hi Trevor,

      Several people have bought both e-books as there is very rarely a conflict in trades or duplication between the two. Two of the three strategies in the Dubai Strategies e-book occur at set times so unless you’re busy, they can be run all together. I imagine if you’re a beginner with MT4 then it might get a bit too much at once but you’d soon settle in. Hope that helps, any other questions, let me know.

    • Dom
    • January 20th, 2010

    John,

    I am interested in your TUFXP strategies. What hours of the day do you have to be at your PC to operate them? Can you get on with other things once the strategies are set up or do you have to actively risk manage them?

    thanks,
    Dom

    • Stephen Chestnut
    • January 25th, 2010

    Hi,

    I would like to purchase the TUFXP strategies ebook but I can’t find a link to purchase this.

    Regards

    Stephen

    • Dawn
    • February 4th, 2010

    Hi
    I have owned TUFXP since September and have spent hours and hours (and money) on it, without a huge amount of success. I have found some great systems using backtesting, but when i try to implement them, so often things tend to go not according to plan! I have found setting orders to open the most reliable because then i get into a trade when i want to, rather than a huge discrepancy (is this slippage?) if i enter manually. What do you do about the spreads though? I have tried adding or deducting the spread to the entry price which sometimes works, but other times find I’m in a trade where the PTP didnt go on to qualify. Or else I enter when TESS says and I’m 3 pips late, which means I scalp late – again, sometimes fine, but quite often TESS scalps then trade reverses and I miss out! Is this an area covered in your TUFXP e book or can you offer me any advice?
    Many thanks, Dawn

    • Austin
    • February 10th, 2010

    Dawn, from my experience, you should take the spread into account (plus a little bit more just for a buffer) when using Open To Order trades
    In other words, for GU on IG Index, add 3.5 pips for a buy signal and subtract 0.5 pips for a sell signal

    Hope this helps
    Happy pipping

    Austin

    • Emile
    • April 30th, 2010

    Hello John,

    Been following your site for a while now but I am a little confused about the TUFXP; is it part of a software package or a trading system or both.

    Many Thanks for your time and Regards,
    Emile

    • Hi Emile,

      Yes, TUFXP is a software package. The initial outlay is pretty expensive but with some research and patience, it can be made to work.

    • elaine
    • July 10th, 2010

    Hi John

    I am interested in the camirilla pivot points. Can you please advise me if the free download on MT4 can be used in conjuntion with the IG Index as this is what I am using at the moment.

    Thanks

    Elaine

    • Hi Elaine,

      The indicator can only be installed on MT4 so you’d need a free demo acc in conjuction with IG index.

      Hope that helps.

    • Girish
    • July 12th, 2010

    Hi,

    An absolute newbie…..just started out trading in commodities – gold primarily…..a little bit of EUR….but kinda clueless on the whole thing….so have also lost a bit of money……

    Am based in Dubai.. and have an account with a broker….would you think that this book can be of help to me? If so, how?

    • Hi Girish,

      I would thoroughly recommend you head to babypips.com and go through each step of school and learn the very basics of Forex before jumping to buy strategies. It’s always best to have a grasp of what’s going on before wading in.

      Are you on live or demo?

  1. May 26th, 2010
    Trackback from : Update « Dubai Or To Sell?

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