2009.03.08 THE DRAINING CONTINUES...

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Siku
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Postby Siku » Fri Jun 19, 2009 5:41 am

Hi Tro,

When you say, "Update: There was more gas in the tank..." How do I know if there is still more gas in the tank?

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TheRumpledOne
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Postby TheRumpledOne » Mon Jun 22, 2009 7:19 pm

Image

STOPPING VOLUME + SEMAFOR = DRAINING THE BANKS!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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maxpleasure
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Semafor?

Postby maxpleasure » Mon Jun 22, 2009 8:49 pm

TheRumpledOne wrote:THE RULES THAT WERE POSTED:

Here's a simple method that if you apply it properly ( and don't load up the charts with SQUIGGLY'S ), will enable you to NEVER LOSE AGAIN!

1) Only trade if there is a 1, 2 or 3 semafor on the current or previous H1 candle. NO EXCEPTIONS.

2) After you see the semafor on the H1 chart, look at the M15 chart for the long(light blue) and short(pink) triggers based on TRO DYNAMIC FIBS SR TRAIL indicator.

3) When price touches the trigger you enter. DON'T THINK, JUST ACT!

4) Only ONE TRADE PER M15 CANDLE. If price goes against you, just wait.

5) If price went against you and makes a new dynamic sup/res level, get ready to enter at the trigger. If you can't see how this work, then DO NOT TRADE IT. I have entered up to 3 times.

6) What's the STOP LOSS? The stop loss is your maximum allowed loss per trade based on your money management.

7) What's the TAKE PROFIT? You take what you can. I usually take 5+ pips and leave more on the table.

Try this method using a micro lot or 0.1 mini lot. Trade it this way until you feel comfortable and are profitable on a consistent basis. Just trade it, AS IS, and don't add anything to it to improve it. You'll be amazed at how profitable a simple method can be.


Hi TRO May I know what "semafor" is? THanks

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TheRumpledOne
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Postby TheRumpledOne » Mon Jun 22, 2009 9:47 pm

It is AMAZING what you can find if you do a google search:

http://www.forex-tsd.com/indicators-met ... r-mt4.html
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby maxpleasure » Mon Jun 22, 2009 11:24 pm

Hi TRO,

Thanks for the link. I load it to MT4 and see the semafor.

But I do not understand why it says 1, 2 or 3.

However, I use your strategy of in just 100 pages [out of 387 pages] of Never Lose Again in BPs and it works very well, the take profit and stop lost is around 1/4 sometimes 1/3. Thanks for that.

This strategy shown here is not exactly the same as in BPs right? because you are not drawing 21 last Support-Resistance BAR. This is something new.

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TheRumpledOne
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Postby TheRumpledOne » Tue Jun 23, 2009 1:27 am

Image

It is a 3 Level ZZ semafor.

ZZ is Zig Zag.

It's is like having 3 zig zag indicators on your chart at the same time, each with different period inputs without the lines.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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maxpleasure
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Postby maxpleasure » Tue Jun 23, 2009 4:32 am

Hi TRO,

Thanks for the explanation and also your time.

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Postby TheRumpledOne » Wed Jun 24, 2009 5:01 pm

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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby Patch » Thu Jul 09, 2009 3:02 pm

TRO

The leer-icks of the Pirates Bank song hit the bull right in the eye. Some how we need to add a line about burying these b-tirds. First with the GOVs help they create a credit disaster, then the GOV gives em a ton of USD, and they have a big party as they raise bounce charges to the moon. This has hit a raw nerve with me. jb in VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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TheRumpledOne
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Postby TheRumpledOne » Sat Jul 11, 2009 9:12 pm

Image

You can use the 3 Level ZZ on M1 to DRAIN THE BANKS. Trade the reversals off previous support/resistance lines.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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