Ok, let's see if I got the whole "NeverLoseAgain DTB&qu

If you don't know where to start, start here! Don't be afraid to ask questions.

Moderator: moderators

patriotstef
rank: <50 posts
rank: <50 posts
Posts: 40
Joined: Thu Jul 09, 2009 2:08 pm
Reputation: 0
Gender: None specified

Ok, let's see if I got the whole "NeverLoseAgain DTB&qu

Postby patriotstef » Tue Jan 05, 2010 5:26 pm

Hi guys, knuckleheaded noob #1 at forex here to bother you again...

I was speaking to cosmoe1 at the Two Percent Club chatroom on paltalk.com the other day, and he was giving me a rundown of the Never Lose Again scenario.

Now, above all else, what I'd like to do with this thread is reduce everything in this strategy down to layman's terms from start to finish for all of us to have a keen grasp on what to do and what not to do. I have already seen the NLA thread and there are still things I don't get, so hopefully this will clear things up for us all.

Ok,

Step #1: Have the three indicators loaded on your chart - 3_Level_ZZZ_Semafor, Dynamic Fibs SR Trail, Stopping Volume

Step #2: Click on the 4H button on your chart and wait for a yellow semafor"3" to appear on the candle

Step #3: If the price on that 4H candle goes the other way 5 pips, you go to the 1H button now

Step #4: If you see the dynamic fib level cross that line in that same direction on the 1H candle, then go to the 15M button

Step #5: If you see the stopping volume indicator give you the signal where price is, once again, going in that same direction as the other 2 indicators indicated, execute the buy or sell


Now, I may be wrong with some of these... but if I am, let me know.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

nkhawaja
rank: <50 posts
rank: <50 posts
Posts: 49
Joined: Wed Aug 26, 2009 5:44 pm
Reputation: 0
Gender: None specified

Postby nkhawaja » Sat Feb 06, 2010 7:11 am

can the same be done in tradestation?

User avatar
bredin
rank: 1000+ posts
rank: 1000+ posts
Posts: 1032
Joined: Mon Feb 16, 2009 10:41 pm
Reputation: 0
Gender: None specified
Contact:

Postby bredin » Sat Feb 06, 2010 8:58 am

Sounds complicated :)

If it works, do it. Although I might say that a 3 sema on h4 might not occur all that often.

Cheers
G
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11440
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Sat Feb 06, 2010 11:23 pm

cosmoe1 seems to have complicated matters.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “beginners forum”