TRO TRADING VIDEOS

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TheRumpledOne
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Re: TRO TRADING VIDEOS

Postby TheRumpledOne » Sat Jun 01, 2019 4:32 pm

Does anyone here have a REDDIT account?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Re: TRO TRADING VIDEOS

Postby TheRumpledOne » Mon Jun 03, 2019 3:16 am

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.

photize
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Re: TRO TRADING VIDEOS

Postby photize » Mon Jun 03, 2019 1:38 pm

TheRumpledOne wrote:Does anyone here have a REDDIT account?

you have incoming P

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TheRumpledOne
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Re: TRO TRADING VIDEOS

Postby TheRumpledOne » Mon Jun 03, 2019 3:56 pm

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.

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Re: TRO TRADING VIDEOS

Postby Jhx » Tue Jun 04, 2019 12:05 am

Columba wrote:Matching the three TFs is a quality, 'edge to the trader' entry that might show up a couple of times a day as price moves back into the tri-agreement, and surely is just one arrow in the quiver with the other well established options.


So you're essentially talking about an open cross trade in the direction of the higher timeframes' candle colors?

For example:
D1 is green.
H4 is green.
H1 is red.
After a while, H1 turns green. Jump in and go long?

I know price is the same on all timeframes. But if price is above the daily open, the last h4 open, and the last h1 candle just turned green, then it could be a good time to grab a few pips.

Please correct me if I'm wrong! I've never used the multimeter so it kinda makes sense, but I could be terribly mistaken :lol:

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Re: TRO TRADING VIDEOS

Postby LeMercenaire » Tue Jun 04, 2019 9:29 am

Jhx wrote:
Columba wrote:Matching the three TFs is a quality, 'edge to the trader' entry that might show up a couple of times a day as price moves back into the tri-agreement, and surely is just one arrow in the quiver with the other well established options.


So you're essentially talking about an open cross trade in the direction of the higher timeframes' candle colors?

For example:
D1 is green.
H4 is green.
H1 is red.
After a while, H1 turns green. Jump in and go long?

I know price is the same on all timeframes. But if price is above the daily open, the last h4 open, and the last h1 candle just turned green, then it could be a good time to grab a few pips.

Please correct me if I'm wrong! I've never used the multimeter so it kinda makes sense, but I could be terribly mistaken :lol:



No matter what the actual indicator is a trader is using, if you are using MTF analysis as your three ducks, then yes, you will be looking for whatever your lowest tf chart is to go into a pullback against the higher time frames and then go in as it returns to the original direction.

So to use your listing...

You are seeing:

D1 Green
H4 Green
H1 goes to Red, then as it goes Green again, in you go.

This kind of thing does work best (for me) when the trigger time frames are at least 15 min and under however. Think about how often an H1 candle can change colour between open and close.

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TheRumpledOne
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Re: TRO TRADING VIDEOS

Postby TheRumpledOne » Tue Jun 04, 2019 6:03 pm

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.

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TheRumpledOne
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Re: TRO TRADING VIDEOS

Postby TheRumpledOne » Tue Jun 04, 2019 6:10 pm

Jhx wrote:
Columba wrote:Matching the three TFs is a quality, 'edge to the trader' entry that might show up a couple of times a day as price moves back into the tri-agreement, and surely is just one arrow in the quiver with the other well established options.


So you're essentially talking about an open cross trade in the direction of the higher timeframes' candle colors?

For example:
D1 is green.
H4 is green.
H1 is red.
After a while, H1 turns green. Jump in and go long?

I know price is the same on all timeframes. But if price is above the daily open, the last h4 open, and the last h1 candle just turned green, then it could be a good time to grab a few pips.

Please correct me if I'm wrong! I've never used the multimeter so it kinda makes sense, but I could be terribly mistaken :lol:


There are many ways someone can use the candle color multimeter:

- Quick check of the daily, weekly, monthly candle colors;

- Look to see if you shouldn't enter the trade based on candle color;

- Look to see if it is time to take profit.

Of course, there are other ways, too.

For the first minute of each hour M1, M5, M15, M30 and H1, the candle color will be the same.
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.

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TheRumpledOne
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Re: TRO TRADING VIDEOS

Postby TheRumpledOne » Wed Jun 05, 2019 3:56 pm

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.

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Jhx
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Re: TRO TRADING VIDEOS

Postby Jhx » Thu Jun 06, 2019 5:15 pm

LeMercenaire wrote:
Jhx wrote:
Columba wrote:Matching the three TFs is a quality, 'edge to the trader' entry that might show up a couple of times a day as price moves back into the tri-agreement, and surely is just one arrow in the quiver with the other well established options.


So you're essentially talking about an open cross trade in the direction of the higher timeframes' candle colors?

For example:
D1 is green.
H4 is green.
H1 is red.
After a while, H1 turns green. Jump in and go long?

I know price is the same on all timeframes. But if price is above the daily open, the last h4 open, and the last h1 candle just turned green, then it could be a good time to grab a few pips.

Please correct me if I'm wrong! I've never used the multimeter so it kinda makes sense, but I could be terribly mistaken :lol:



No matter what the actual indicator is a trader is using, if you are using MTF analysis as your three ducks, then yes, you will be looking for whatever your lowest tf chart is to go into a pullback against the higher time frames and then go in as it returns to the original direction.

So to use your listing...

You are seeing:

D1 Green
H4 Green
H1 goes to Red, then as it goes Green again, in you go.

This kind of thing does work best (for me) when the trigger time frames are at least 15 min and under however. Think about how often an H1 candle can change colour between open and close.

Lem, what do you mean by trigger time frames? Or how do you use them as triggers? Do you watch an M15 (or lower) and wait for a close below / above the H1 open and then enter when a candle crosses the H1 open?

Thanks!

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