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?
2009.03.08 THE DRAINING CONTINUES...
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- TheRumpledOne
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Semafor?
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
- TheRumpledOne
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It is AMAZING what you can find if you do a google search:
http://www.forex-tsd.com/indicators-met ... r-mt4.html
http://www.forex-tsd.com/indicators-met ... r-mt4.html
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.
Please do NOT PM me with trading or coding questions, post them in a thread.
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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.
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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- TheRumpledOne
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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
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
- TheRumpledOne
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