Mohan/TCF

[alexmihh]

>I think the content of the Handbook and the daily Morning Calls are being provided for a more than reasonable fee considering the competition.

I agree -- it is not a bad deal. I am just not sure that the seminar is really worth the time. Also, I do not like it when someone says he has his system written in the comprehensive manual and then he says, "Come to my seminar and learn stuff" (i.e. not in my manual). So, the manual is **not** the complete maual. This is deceptive. You really do't get all you are can get, and the manual is not the complete thing he says it is.

[lreiher]

TCF

that's exactly why i started this thread!
i wondered if the seminar had 'value add'? or, was it just a place to get your hand held and 'meet 200 others'?

IF there were add'l insights and/or handouts [manual type stuff] then i'd sure like to know about them.

obviously it is easy for him to 'recap' each day b/c hindsight is 20/20. not to say that he is always reading the tea leaves to suit his call. BUT - there are days when i have my doubts.

yesterday, the open was a blow out of the +4.25 stop on the sell pivot. so-- i sold the open. then, the pivot HELD tight. so, i reversed long. he ignored both those signals in his recap and simply sold the B/O. i was waiting for +9 on the long trade while he 'made' 10 on the short one. granted, he did say he favored the short side but, he also says you need to be ready to react to the market. and, the pivot did hold.

frustrating to say the least. however, i do agree that it is a small price to pay for a lot of insight and info.
lmr

[alexmihh]

Re: TCF

>he ignored both those signals in his recap and simply sold the B/O

ABSOLUTELY CORRECT! This is the 2nd-3rd time in very recent time he has violated his own manual. On the day you mention, when you gap to and past the Sell Pivot, the whole Morning Call is cancelled (so says his mnaula CLEARLY), and you are totally on your own to figure out the correct trade. There is NO way you would sell B/O with Hi5 being Mega Buillish as it was. And the last time ths happend, a short while back, he got stopped out for selling B/O when if you bought B/O would would have won.

And just recently the B/D was the First Hour Pviot, and buying it would have resulted in a winning trade, but he ignored this too and dealt with the B/O instead.

I emailed him and asked for clarification, and he simply ignores and has not responded back with clarification (probably because he does not want to admit to violating his own manual). He seems so focused on his call for the day that he violates his own system to stay true to his call for the day. I have slowly come not to trust his integrity.

[alexmihh]

Economic News and TCF

Mohan had mentioned in his "Ask Mohan" section that his 18 indcators (somehow) take into account the next's days economic news. But this is hard to accept, especially when the news is unexpected. Perhaps when the news goes as expected, that is true But when the news goes the opposite of expected, like yesterday's big gap up, you have to be quick to trash the entire Morning Call for the day and fend for yourself, and know you are in a more risky situation

So, when a day is coming with a decent major economic news report is to come out, I am especailly on guard to forget the Morning Call for the day. Yesterday one should have Bought the B/O, but I decided to just forget the whole thing all together and not play on days where there is **big** movement dues to major news. Just too risky and unpredicatable, and I do not think Mohan's system really can handle days like this, or his 18 indcators got it all factored in.

And you are sort of kidding yourself if anyone really has a system that works on days like this. Playing news is is good for one thing only -- that initial movement after the news. Once that movement is over with, you can't even figure that movement will sustain itself, and anything can happen.

[danpaul]

Re: Re: TCF

Originally posted by alexmihh
>he ignored both those signals in his recap and simply sold the B/O

ABSOLUTELY CORRECT! This is the 2nd-3rd time in very recent time he has violated his own manual. On the day you mention, when you gap to and past the Sell Pivot, the whole Morning Call is cancelled (so says his mnaula CLEARLY), and you are totally on your own to figure out the correct trade. There is NO way you would sell B/O with Hi5 being Mega Buillish as it was. And the last time ths happend, a short while back, he got stopped out for selling B/O when if you bought B/O would would have won.

And just recently the B/D was the First Hour Pviot, and buying it would have resulted in a winning trade, but he ignored this too and dealt with the B/O instead.

I emailed him and asked for clarification, and he simply ignores and has not responded back with clarification (probably because he does not want to admit to violating his own manual). He seems so focused on his call for the day that he violates his own system to stay true to his call for the day. I have slowly come not to trust his integrity.

frustrating to say the least. however, i do agree that it is a small price to pay for a lot of insight and info.
lmr [/B][/QUOTE]

Let me first say that i agee with much of what has been said about hindsight, ignoring the occaisional setup, and some seeming contradictions about when the sell pivot is violated and what that means. I'm a little fuzzy myself.

But for the sake of those reading these posts, I don't agree with the assessment of the setups on 10/09/03 that have been stated in this thread. And questioning his Mohan's integrity on the basis of them is my primary reason for even entering this discussion.

I am reluctant to discuss details of his setups in a public forum,
since they part of his proprietary system.

We did not "blow out" the stop pivot on the open. We never got a full point above it until the b/o around 11 am.

You would never buy the b/o with the dow up as much as it was at the time. Selling the b/o was the first and only valid setup imo.

You are correct about him missing the b/d buy last friday. But in fairness, I don't think he was trading that day because of the seminar. There was no advantage to him purposely ignoring it, since he could have called both setups and added even more points to his totals.

At any rate, I don't intend this to be critical of you or anyone else here. These things are not clear cut, and I don't always agree with Mohan's review of the day either.

[madlana]

Dan, thanks for the Morning Call formulas.
How do I load those formulas into an active e-signal chart that I can label and save?

[danpaul]

Originally posted by madlana
Dan, thanks for the Morning Call formulas.
How do I load those formulas into an active e-signal chart that I can label and save?

Madlana, you are welcome. I sent you a private reply.

Dan

[Timber]

Originally posted by madlana
In many ways you are correct as it pertains to the 18 proprietary indicators. However, Mohan has never said he invented these indicators he has mentioned an ongoing process of retooling what was already there. He has suggested reading material on more than one occasion. As for me, I have been battling with LSS phasing for months before I met Mohan so the Morning Call is a great help. The Sell and Buy Pivots seem to be consistently close to the Sell and Buy Envelope numbers referenced in George Angell's books. In this respect the Morning Call helps to give focus and organization to the crazy trading day. I think the content of the Handbook and the daily Morning Calls are being provided for a more than reasonable fee considering the competition.

Buy pivot = ((High + Low + Close)/3)*2 - High

[wildfiction]

This is slightly off topic but do any of you know if there's a live chat room that specialises in Mohan's setups as the action is taking place? I'm already familiar with most of the emini chat rooms but I would imagine that there is scope for one just dealing with the TCF stuff as it's often mentioned in the other chat rooms.

[lreiher]

danpaul - 10/13

w/o divulging any proprietary stuff - he clearly stated NOT to trade the stop; but to wait till it came back to the pivot.
then, his recap sez he got short at the stop!?????? for 6 pts.
that is the kind of 20/20 hindsight which frustrates me most!



also, if there is no current TCF chat space, we could create one. there must be interest b/c over 1000 hits to this thread.

[wildfiction]

If there is no TCF live chat at the moment then I don't mind setting up one. I assume that I'm not infringing on anything copyrighted by doing so. I'm surprised that Mohan doesn't set up one himself. Any suggestions to where a live chat would be best hosted? IRC/PalTalk/Yahoo Messenger/MSN Messenger?

[madlana]

Yes, the B/O area was very busy yesterday in that the S/P Stop was pushed a few ticks but not blown through, high 5 was pulling back off of a very bullish run and the MC headline call was specific. Looks like a scalp to me.

In the past www.mirc.com proved to be very reliable for chat. I would think that Mohan would have to give some advice as to discussions in such a forum.

[gooch2200]

Re: Better than Mohan

Do they give specific numbers on the emini S&P?

Originally posted by traderjack72
I'm subscribed to a new website called Crosswindtrading.com

They give great analysis and lots more pivot points than Mohan.

Some of the buy/sell envelopes are from George Angell's books, but there's a set that is insanely accurate and I can't figure out the formula. You guys should check it out, it's pretty cheap too.

[eric]

Perhaps the site is down? I can't pull up the page for crosswindtrading.com
Please verify the url.
Thanks!

[traderjack72]

This group continues to surprise me. While Mohan was looking to buy his precious B/O, they had me short the early rallies and cover near the lows. They then caught another 7 points on the afternoon rally. Total: 14 S&P handles today! Check them out

** link removed by Admin... no spam allowed on these forums**