Simple System

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Patch
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Postby Patch » Fri Aug 07, 2009 2:49 pm

krypton27

Great job trading the NFP this morning. Could you post a chart showing your entries and exits with notes when you have a few minutes. Thanks, jb

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kryptons27
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Hi

Postby kryptons27 » Fri Aug 07, 2009 3:14 pm

jtraderco wrote:can u show please some screenshots of ur trades of yesterday, to make us understand better?

and can u also post the tro bz?

thx very much

regards


Hi,

U can look at Carlos statement, we work on the same account, we trade together...

the tro bz is somewhere in the forum, just search for it...

Regard,
Kryptons

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Postby lukx » Fri Aug 07, 2009 3:28 pm

look for TRO_BuyZone_Time, with this indy you will be able to set open candle hour

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kryptons27
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Entry n Exit

Postby kryptons27 » Fri Aug 07, 2009 3:58 pm

Patch wrote:krypton27

Great job trading the NFP this morning. Could you post a chart showing your entries and exits with notes when you have a few minutes. Thanks, jb


Hi Patch,

Image

CORRECTIONS: The CYAN line should be at 160.17

This is from today's trade;

1st Trade

- Enter short as the price cross SZ
- the 1st SL is at 160.77
- as it moves down the SZ I look for new high and move my SL there.
- the 2nd SL hit, thats my exit.

2nd Trade
- Enter short as the price cross BZ
- the 1st SL is at 160.17
- as it moves up the BZ I look for new low and move my SL there.
- the 2nd SL not hit, trade continues....
- the 3rd SL not hit, trade continues...
- the 4th SL formed...wait for the price to hit it...or it will be more...

BUT, I just take 100 pips for the 2nd trade coz i think its enough for me....

Hope it helps u...


Regards
Kryptons

winny
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Re: Just to make it clear

Postby winny » Fri Aug 07, 2009 6:11 pm

kryptons27 wrote: I used TRO BZ theory n modified it.




Very good,
TRO's Buyzone is the holy grail if used by the right trader.

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Postby Who Am I ? » Fri Aug 07, 2009 8:25 pm

Hi Kryptons27,

Thx for sharing the details of your trading...
It spotlights the importance of trading discipline and MM.

You mentioned that you do not trade after 12 pm your local time.
So, that means you trade (to be precise, enter trades) only the first FOUR HOURS of the open, which is 00:00 GMT (08:00 am your local time) to 04:00 GMT (12:00 your local time) ?


Have a good weekend.

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It works..

Postby csbueno » Fri Aug 07, 2009 10:04 pm

As Helmy has shown, the system works; it just a matter of developing your own style.


Forex doesnt have to be difficult. It just the approach that is used that makes it complicated.


Only 3 simple lines will make a world of difference.

Thanks Helmy and TRO.

regards

Carlos

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kryptons27
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24 hours

Postby kryptons27 » Sat Aug 08, 2009 1:20 am

Who Am I ? wrote:Hi Kryptons27,

Thx for sharing the details of your trading...
It spotlights the importance of trading discipline and MM.

You mentioned that you do not trade after 12 pm your local time.
So, that means you trade (to be precise, enter trades) only the first FOUR HOURS of the open, which is 00:00 GMT (08:00 am your local time) to 04:00 GMT (12:00 your local time) ?


Have a good weekend.


Hi,

No, 8.00am (morning) to 12.00pm (midninght). Total of 16 hours bro... So I trade within this period. Actually the market moves 24 hours but I usually stop early because after 12 midnight is my sleeping time bro....:)


Regards,
Kryptons

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Postby TTrader » Sat Aug 08, 2009 1:44 am

Hi Kryptons 27,
I've been trying to fully understand your system but I have a few questions...
How are you able to close your trades at the peaks and troughs of the moves.
For instance, your posts (Friday 7th @ 9:06am) suggest that you are able to close at exactly the tops and bottoms of the move. Could you explain how you do that?

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Re: Answer

Postby noone22 » Sat Aug 08, 2009 2:17 am

kryptons27 wrote:The system offer us a lot so why dont we take this opportunity to take only 20-30 pips or more?


I see.

Thank you very much for such a good answers.
And for an excellent idea of BZ system adaptation.

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