2009.03.17 TRO - NEVER LOSE AGAIN!!
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Well, last 2nd December was just that day, I had the loss because price retrace and took me by a 0.1 of a pip.
It is not the first time that that happens, and it will not be the last.
Now, I don't care.
Could I stay to get that big drop?
No, because I was tired and whent to have a nice lunch.
Of course when I came back I almost vomited looking at the amount wasted.
But, Again............... Did I knew where the price wold be gone to?
No.
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- Jalarupa
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gen - looks like you missed your entry two candles earlier...
And yes it seems you are using the semafors correctly for trading off extremes... so going the right direction... if you are trading of the M15 rat, you should give some more room for breathing space... look at what the M15 range is - 15.8 by my calculations... that is a good barometer for possible price action per candle...
On the otherhand if you were trading zline... your entry would have been at your stop loss... can you see this? I also often consider the Zline when trading the Rat method off the M15... because price loves to retrace into previous MOMO... when you are using smaller leveraged entries the pullback to zline is a great place to put on some more if you are confident in your direction picking abilities... (which you are learning to master)...
Just some observations that I consider when trading the rat...
And yes it seems you are using the semafors correctly for trading off extremes... so going the right direction... if you are trading of the M15 rat, you should give some more room for breathing space... look at what the M15 range is - 15.8 by my calculations... that is a good barometer for possible price action per candle...
On the otherhand if you were trading zline... your entry would have been at your stop loss... can you see this? I also often consider the Zline when trading the Rat method off the M15... because price loves to retrace into previous MOMO... when you are using smaller leveraged entries the pullback to zline is a great place to put on some more if you are confident in your direction picking abilities... (which you are learning to master)...
Just some observations that I consider when trading the rat...
- TheRumpledOne
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Hi TRO,
1- I see price comming from a lower value than staying at around the 2.0000 level for 7 months.
2- A sudden move short down to the 1.35000, which could be a lot of big traders coming into the market.
3- These traders may close their positions which make price to go up by about 20% at 1.56300 level.
4- the bouncing may be some newbies getting in and out of the market.
5- I would expect the big traders to start closing their positions and thus making the price go up.
I have not check the MT4 for seeing what is the past, but that it is what I see for the image you provide.
I will see it again later to see if I keep seeing the same or not.
So, what do you see TRO?
thaks in advance Gen
PS: I like that paltalk, but last time there was some guy that was only privating me and I could not concentrate on trading.
PSS: You also make a Yale student pretty mad LOLOLOLOLOL
1- I see price comming from a lower value than staying at around the 2.0000 level for 7 months.
2- A sudden move short down to the 1.35000, which could be a lot of big traders coming into the market.
3- These traders may close their positions which make price to go up by about 20% at 1.56300 level.
4- the bouncing may be some newbies getting in and out of the market.
5- I would expect the big traders to start closing their positions and thus making the price go up.
I have not check the MT4 for seeing what is the past, but that it is what I see for the image you provide.
I will see it again later to see if I keep seeing the same or not.
So, what do you see TRO?
thaks in advance Gen
PS: I like that paltalk, but last time there was some guy that was only privating me and I could not concentrate on trading.
PSS: You also make a Yale student pretty mad LOLOLOLOLOL
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The Way To Money Is Using Simplicity And Take Small Loses
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The Way To Money Is Using Simplicity And Take Small Loses
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I Had a Dream.
And in the dream here she was........................
Actually TRO .................... I wake up today 1 hour before the alarm with your graph image but the graph was actually talking to me.
"Look for supply and demand patterns, and pay attention to the pros and newbies in the market"............
That was scary, I actually wake up and said, "s**t....... it could be a blond...... instead that graph is now in my head. ...... what a ffff is going on???????????????????????"
Well, I could not sleep anymore, so gone back to the graph and the work.
So I did the following as supply and demand.
A- Means majority of pros getting into the market.
B- Pros waiting for the Newbies getting in mass.
c- Pros getting out.
D- Newbies holding and closing positions, not knowing what to do.
Eventually, the pros now that if they start buying, than all the newbies holding their positions will have to close provoking the market to go sharp in bullish.
That was today, viewing of the graph.
Am I becoming Pro just because I dream now with the graphs instead of the blonds?
And in the dream here she was........................
Actually TRO .................... I wake up today 1 hour before the alarm with your graph image but the graph was actually talking to me.
"Look for supply and demand patterns, and pay attention to the pros and newbies in the market"............
That was scary, I actually wake up and said, "s**t....... it could be a blond...... instead that graph is now in my head. ...... what a ffff is going on???????????????????????"
Well, I could not sleep anymore, so gone back to the graph and the work.
So I did the following as supply and demand.
A- Means majority of pros getting into the market.
B- Pros waiting for the Newbies getting in mass.
c- Pros getting out.
D- Newbies holding and closing positions, not knowing what to do.
Eventually, the pros now that if they start buying, than all the newbies holding their positions will have to close provoking the market to go sharp in bullish.
That was today, viewing of the graph.
Am I becoming Pro just because I dream now with the graphs instead of the blonds?
genlogins wrote: I Had a Dream.
And in the dream here she was........................
Actually TRO .................... I wake up today 1 hour before the alarm with your graph image but the graph was actually talking to me.
"Look for supply and demand patterns, and pay attention to the pros and newbies in the market"............
That was scary, I actually wake up and said, "s**t....... it could be a blond...... instead that graph is now in my head. ...... what a ffff is going on???????????????????????"
Well, I could not sleep anymore, so gone back to the graph and the work.
So I did the following as supply and demand.
A- Means majority of pros getting into the market.
B- Pros waiting for the Newbies getting in mass.
c- Pros getting out.
D- Newbies holding and closing positions, not knowing what to do.
Eventually, the pros now that if they start buying, than all the newbies holding their positions will have to close provoking the market to go sharp in bullish.
That was today, viewing of the graph.
Am I becoming Pro just because I dream now with the graphs instead of the blonds?
Neither big booties nor Asians?
It sounds like you had a nightmare
You don't need to find the pro's, you only need to find what you can and cannot get away with.
@genlogins
LOL the dream.
LOL the dream.
My threads
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Hey Guys
I know rule 1 says:
"1) Only trade if there is a 1, 2 or 3 semafor on the current or previous H1 candle. NO EXCEPTIONS."
But have you guys noticed that it works even if theres no semafor on current or previous candles (H1)....?
I've missed out on a lot of trades like that. I trade the GBP/USD and always set take profit of 10pips. This method does work well and I've had 6 wins and 1 loss so far on a micro account.
Thanks TRO
I know rule 1 says:
"1) Only trade if there is a 1, 2 or 3 semafor on the current or previous H1 candle. NO EXCEPTIONS."
But have you guys noticed that it works even if theres no semafor on current or previous candles (H1)....?
I've missed out on a lot of trades like that. I trade the GBP/USD and always set take profit of 10pips. This method does work well and I've had 6 wins and 1 loss so far on a micro account.
Thanks TRO
It does work, but be careful.
I have a few loses not following the rules.
Happy XMAS.
http://kreslik.com/forums/viewtopic.php?p=50189#50189
I have a few loses not following the rules.
Happy XMAS.
http://kreslik.com/forums/viewtopic.php?p=50189#50189
================================================
The Way To Money Is Using Simplicity And Take Small Loses
================================================
The Way To Money Is Using Simplicity And Take Small Loses
================================================
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Thank you for your support.
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