Summary for dummies

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Summary for dummies

Postby JKookTrader » Wed Aug 05, 2009 9:08 pm

Hi guys.

Anyone can summarize what trading methods are used for TRO templates?
I'm checking relationships among concepts below:
- Reversal Trade
- Breakout Trade
- Master Candle
- Buyzone for Dummies
- Drain the Banks
- Never Lose Again

Is it all about Reversal vs. Breakout ?

Here is what I understood so far:
* Drain the Banks
- Reversal Trade
- Master Candle concept

* Buyzone for Dummies
- Breakout Trade

*Never Lose Again
- Reversal Trade

Am I going wrong way?

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Postby Fxtraveller » Wed Aug 05, 2009 10:38 pm

Drain the banks has the reversal trigger, but may be used for a breakout just as well.
Master candle is mainly a b/e. you enter when the High/Low of the master c. is broken.
buyzone- simple statistical trading. edge long-term.

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