TRO TRADING VIDEOS

[TheRumpledOne]

[IgazI]

Do you still use first hour, day, week, ranges?

[TheRumpledOne]

Do you still use first hour, day, week, ranges?

Yes.

[TheRumpledOne]

[TheRumpledOne]

[TheRumpledOne]

[Jhx]

Hey TRO, these days I was re-visiting the bootcamp series (my trading mind needed a reset and this serves well) where the plan is to scalp the 00 lines with H1 candles.

When looking at the trade with H1 candles, tick by tick, is there something that you specifically look at?

For example, it’s generally a good idea to bail on a trade if price is stalling, but is there a general rule for determining that price is stalling in this type of trade? When all you have is the current H1 candle, is stalling a matter of seconds or minutes?

This seems like it would make a difference in securing profit or having smaller losses, but I don't know how to go about it.

[TheRumpledOne]

Hey TRO, these days I was re-visiting the bootcamp series (my trading mind needed a reset and this serves well) where the plan is to scalp the 00 lines with H1 candles.

When looking at the trade with H1 candles, tick by tick, is there something that you specifically look at?

For example, it’s generally a good idea to bail on a trade if price is stalling, but is there a general rule for determining that price is stalling in this type of trade? When all you have is the current H1 candle, is stalling a matter of seconds or minutes?

This seems like it would make a difference in securing profit or having smaller losses, but I don't know how to go about it.

I don't "trade" with H1 candles. I take note of the H1 candle color. Actually, I have switched to M30 because I am trading the GBPUSD and the M30 candles have a tendency to cover the previous M30 candle. I use my multimeter to look at candle colors.

Stalling IS STALLING. If I am in a trade and I am up between 1 and 2 pips and price stops moving, I usually exit. Determine ahead of time, how much you are willing to lose and it that gets hit, exit.

Most of the time, I either have M1 or M5 candles because I am in and out quick. I want to see what price is doing relative to the previous candles.

Hope that helps.

[TheRumpledOne]

[Jhx]

Hey TRO, these days I was re-visiting the bootcamp series (my trading mind needed a reset and this serves well) where the plan is to scalp the 00 lines with H1 candles.

When looking at the trade with H1 candles, tick by tick, is there something that you specifically look at?

For example, it’s generally a good idea to bail on a trade if price is stalling, but is there a general rule for determining that price is stalling in this type of trade? When all you have is the current H1 candle, is stalling a matter of seconds or minutes?

This seems like it would make a difference in securing profit or having smaller losses, but I don't know how to go about it.

I don't "trade" with H1 candles. I take note of the H1 candle color. Actually, I have switched to M30 because I am trading the GBPUSD and the M30 candles have a tendency to cover the previous M30 candle. I use my multimeter to look at candle colors.

Stalling IS STALLING. If I am in a trade and I am up between 1 and 2 pips and price stops moving, I usually exit. Determine ahead of time, how much you are willing to lose and it that gets hit, exit.

Most of the time, I either have M1 or M5 candles because I am in and out quick. I want to see what price is doing relative to the previous candles.

Hope that helps.

It does help, thanks TRO!