Chat Room Terminology

How to get the most out of your TTZ trial

 

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$6.99 for 7 Live Trading Days
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The chat room provides traders with the opportunity to evaluate TheTradingZone methods in a real time environment. Traders can experience the TTZ methods and then decide if this is a style they would like to learn.

The chat room is also serves as a gathering place for existing TTZ members, to share and discuss TTZ related trading

The Chat Room is NOT a trade calling service

Those attending are expected to learn the materials and not to shadow trade.

Our focus is on education that helps our members to become independent, self reliant traders

Time Frame
TheTradingZone methods work on any time frame.

In the Chat Room we will be demonstrating the methods on a 3 minute basis, which provides approx. 5-7 trades per day, depending on market conditions.

Market Profile Trades
Our 3 minute trades are based on our unique interpretation of Market Profile. These trade setups are designed to capture large rotation moves in the market

5×5 Scalp Trades
In addition to 3 minute MP trades, TheTradingZone methodology incorporates a quick scalp setup, called the 5 By 5. This setup is based on pure market momentum, and designed to take only 5 ticks of profit from the trade. It is a very active system that can produce upwards of 20 signals per day in a single market

No Cost for the Chat Room
The chat room is free to TTZ members; there is no cost to join.
We do require that guests taking a trial pay a $1 fee, this allows us to monitor who has already been on trial, and prevents abuse

Trade Alerts
Trades are called throughout the day and are time stamped with entries.
Do Not Shadow Trade!

These alerts are for educational purposes

*important*

Trades are for educational purposes only to demonstrate TheTradingZone methodology. Any trade posted in the chat room is not advice to buy or sell. Traders must decide their own suitability to trade.
Chat room moderators may or may not execute actual trades.
You must read our Full Disclaimer before joining the chat room. Being in the chat room indicates that you have read the disclaimers and your acceptance of our terms of service.

Targets and Stops
All trades are called with targets and stops consistent with the methodology
See the table below

Moderators
The Chat Room Moderators are

  • gregw (Greg W, founder of TheTradingZone)
  • igator (Larry, 18 year Floor trader from CBOT)
  • Mike B (Chat Moderator)
  • johndrj (Chat Moderator European Session)

Posting your own trades or market information
Please do not post any trades or market commentary in the room.
All information posted must be consistent with the TTZ methodology, and as our guest who has not taken the TTZ course, posts or commentary will only confuse other room participants.

Limited Trials
The chat room trial is used to introduce aspiring traders to our style and methods.
We hope that after a week or two of evaluation you will have enough information and seen more than enough trade setups to make an informed decision about your trading edcuation.
Traders who chose to continue their trading with TheTradingZone are encouraged to register for the Home Study Course.
If you feel that this style is not right for you, then we would ask that you please give up your spot in the room, as space is limited

Trials are limited to 1 per 6 month period( 2 per year)


Chat Room Trade Management and Terminology

2 Types of trade setups

3 Minute Market Profile Trades

trading off a 3 minute chart using Market Profile looking for large market moves,

5×5 Scalp trades, quick scalps with pre-determined stops and targets


Short Codes

·         LMT – Limit Order, generally a Stop Limit to enter

·         Flt – Flat no positions no pending trades

·         Trlrs – trailers, portion of the trade held with trailing stops

·         S/O – Stopped Out

·         B/E -  Break Even

·         Net B/E -  Net Break Even

·         L -  Long

·         S  – Short


eMini Chat Room Schedule

ONLY $1 A Day
$6.99 for 7 Live Trading Days
Get started today! Join the Trading Room here