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My OCPD kicked in. So I programmed an EZ TO READ BIAS indicator. Hard to miss those big arrows!! Arrow on left is H1 bias and arrow on right is D1 bias. Did you ever think you would be trading with HORIZONTAL LINES at random numbers! See that last green H1 candle? Just add up the pips!! |
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Hopefully, since you are new, you won't have a lot to unlearn ;) Thanks for stopping by. Feel free to ask questions. But make sure you have done a google search first because you can find the answer there most of the them. Now, you'll see some questions that I ask YOU in some of the posts. Post your answers! We'll all benefit. |
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The candle WAS green at the line. NOW RED.. but NOT AT THE LINE. SO WE WAIT. NOT TO MENTION THE ARROWS DON'T MATCH DIRECTIONS. PRETTY SIMPLE STUFF. |
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TRO,
are you actually placing trades out of the 1H chart? Quote:
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chart Time Doesn't Matter....
Price Is The Same On All Charts! Remember, Do Not Be Fooled. The Only Real Chart Is A 1-tick Chart. |
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See any LOSERS? Are you CONVINCED or do you need to see more examples of RANDOM HORIZONTAL PROFITABLE TRADES? |
So, it's just the colors...
- the trigger can be on any level - trade with the 1H and never against the 1D - any time I choose to trade if candle is green I buy, and I sell if it's red. edit: and for confirmation, apply the lessons from "Day-Trading 2.0 for small traders" Quote:
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Not exactly. Reread the posts. |
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HORIZONTAL LINES. See the magenta lines on the chart. THAT'S WHERE YOU ENTER!! THAT WAS THE WHOLE POINT OF THE POSTS. TO SHOW YOU THAT YOU CAN DRAW RANDOM LINES AND USE THEM AS THE ENTRY TRIGGER BASED ON THE H1 AND D1 CANDLE COLORS. GO BACK AND REREAD. DON'T COMPLICATE MATTERS. READ WHAT YOU SEE. DID I SAY WAIT FOR A CANDLE TO CLOSE? DO NOT CHANGE THE WORDS. IF YOU CHANGE THE WORDS, YOU MAY CHANGE THE MEANING AND THAT WILL CAUSE LOSSES. |
I think...
any time within the hour, if I have a green candle, I check to see if the 1M is green and if it is, I can enter. To have more assurance, I'd check the 1D candle, and if it's green, then it's a buy. I can enter anytime the color of the candles is the same. Quote:
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oh man...
;) ... ok. Quote:
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Do you SEE how simple this is? Remember how I challenged you to SEE many posts ago? Some of you struggled. A few came close. You have to use your EYES to SEE. Not think. Not analyze. Just SEE!! You SEE the GREEN H1 candle move up to the line. Do you SEE what happens? The candle CROSSES the line. If you ENTER AT THE LINE, then you can exit with a profit. DO YOU SEE THAT? HOW MANY LOSERS DO YOU SEE? Your mind is struggling to SEE because you have been fooled into thinking you need some fancy SQUIGGLY LINE INDICATOR created by someone with a PHD behind their name. And because you really do NOT understand that fancy SQUIGGLY LINE INDICATOR, then it must be GOOD because someone with a PHD created it. DO YOU SEE THE CIRCULAR LOGIC? YOU HAVE BEEN BRAINWASHED INTO BELIEVING YOU NEED FANCY INDICATORS!! HOW CAN I SHOW YOU PROFITABLE TRADES USING RANDOMLY PLACED LINES? DO YOU THINK IT'S A TRICK? OR MAYBE IT IS POSSIBLE THAT YOU ARE SEEING THE REAL TRUTH FOR THE FIRST TIME IN YOUR TRADING LIVES? TO BE CONTINUED... |
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DO YOU SEE HOW MANY PIPS YOU COULD HAVE MADE ON THAT HORIZONTAL LINE CROSS? |
oh I see, 5M candle it is. And 5 or 6 pips per trade.
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So
now we really don't even need horizontal lines to trade? Would I be
asking too much if you where to post a chart (like the random number
entry chart) and highlight your entries and exits? Just to add to the
visual? I've wanted to ask you that since the beginning of this thread
but I never did.
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Is this NOT clear? There is NOTHING to ADD TO THE VISUAL!! Perhaps, someone can explain this even simpler because I can't. |
All
we need is to get the direction of the price (by looking at the color
of the candles in 2 or 3 time frames). If the price is going up, we
buy, otherwise we sell, but we wait for the colors to match.
Now, here's my big doubt TRO, because for me, the way you say it looks like we should not care if we are placing our entry on a support or resistance level, OR, is it that knowing that the candles are all the same color, the price has enough momentum to go a few pips beyond the feared S/R level? Quote:
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BTW, here is a common occurance to my trading: http://i220.photobucket.com/albums/d...acsac/ohno.gif |
The feed from the same broker is different from
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The feed your broker uses might be different from what you trade with and what the server uses to execute your order, becareful
attached is my brokers chart ... which is different from what I trade with. |
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I didn't say: "2 or 3 time frames". I said use H1 and D1. Perhaps you think it's not important. I didn't say: "If the price is going up, we buy, otherwise we sell, but we wait for the colors to match." I said to enter the trade AT THE HORIZONTAL LINE. Do you SEE the difference? What is YOUR DOUBT? You didn't say WHAT IT IS EXACTLY. |
Confusion
TheRumpledOne
There is lots of difference from explaining with images and a video demonstration of what your are saying, people find it difficult to know when to actually enter a trade based on your images because it could be up or down. A line alone on an image can't tell much, though a good guide. I have seen trade on its way up triggering your line and never returned to the position of profit so many times, EURUSD just did that not to long ago, and all techs signified a buy before the sudden sharp drop in price Maybe we arrange a webinar to see you trade your technics live. Thanks for your desire to make us all rich... ciao |
do
you mean the eurusd 1h bar that started at 09:00gmt? it went up to
1.4157 then dropped to 1.4106 and closed at 1.4131. i went long at
1.4153 and managed to get out of it with a 1 pip profit just before it
dropped.
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Indicator Fixes - Load Immediately
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And please explain the reason you when short when you did. What time frame is that chart? What pair are you trading? Please include all info when you post a chart. Thank you. |
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AND YOU WONDER WHY I CALL THEM FIXED SPREAD BANDITS?!?! If you are NOT trading with an ECN broker, then you are giving your money away. THERE IS NO FIXED SPREAD IN FOREX!! |
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I have a FREE Chat | Chat Rooms | Paltalk chatroom called the two percent club. We can chat there. If you have trouble finding it, just pm me, therumpledone, and I will invite you in. |
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So this is an example not to trade. Signal is triggered but daily and 1h are still red. Please tell me if i am wrong. |
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We are trading using H1 and D1 to give us a DIRECTIONAL BIAS. You have the dynamic support/resistance indicator loaded with the entry trigger lines. According to the CANDLE COLOR MULTI METER, H1 AND D1 ARE RED SO YOU DO NOT GO LONG. SO YOU REMEMBERED THE RULE OF THUMB! YOUR GRADE: A+ |
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When to exit? Did you take 5 pips or did you hold out for more? POST YOUR ANSWER. TO BE CONTINUED... |
I use the same strategy, we trigger long but no green candle for 1h.
So i didn't trade. |
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I got a "suggestion" from a trader: Quote:
OK.. back to our RANDOM HORIZONTAL LINE TRADES,,, Looks like being GREEDY paid off...LOL! |
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Did you go SHORT at the first line or the second? If you waited for the second, why did you wait? If you didn't go short at all was it because the H1 and D1 were different? TO BE CONTINUED... |
Monday and Tuesday trades
I
try to go to the paltalk chat room daily to talk with TRO and the other
traders, get ideas, and see what else is happening, so that is where
most of this discussion happens for me at least.
But to give you an update. Monday 21 trades, 1 loss, = 0 pips. I entered on a counter trend, that kept on dropping. So it made me have a loss eventually, but my other trades made it a net zero day. So that was alright with me, still learning here. TRO has updated the SR RR which will only signal with the bias. Tuesday 21 trades = 133 pips A great day, especially after the net zero day. Things feel like they are beginning to click, but we shall see. I think in the long run, the latest version of SR RR might be best with the bias on. That would mean less trades but less risk as well. Till next time... BearPaw |
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