2009.03.17 TRO - NEVER LOSE AGAIN!!

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TheRumpledOne
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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby TheRumpledOne » Wed Oct 14, 2015 2:37 pm

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

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TheRumpledOne
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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby TheRumpledOne » Thu Oct 15, 2015 2:15 pm

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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.

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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby blablabla » Thu Oct 15, 2015 4:15 pm

jemarcks wrote:Hello Avery!
Thanks for the great work. I had a question about your money management or risk controls on your trading of these systems. Can you explain simply what risk controls you employ?
Btw, Thanks for the crock pot and MTC methods. I have made good money in my 401k using them.

Jeff


Which strategies do you use?

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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby blablabla » Thu Oct 15, 2015 4:17 pm

TheRumpledOne wrote:
usdcadh1.png


How to trade using these lines?

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TheRumpledOne
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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby TheRumpledOne » Fri Oct 16, 2015 2:09 pm

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If H1 candle is green go long when price reaches a line.

If H1 candle is red go short when price reaches a line.

Don't wait for price to reach the last line before entering the trade!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby blablabla » Sat Oct 17, 2015 6:22 am

TheRumpledOne wrote:
usdcadh1.png


If H1 candle is green go long when price reaches a line.

If H1 candle is red go short when price reaches a line.

Don't wait for price to reach the last line before entering the trade!


when exit?

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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby MightyOne » Sat Oct 17, 2015 1:14 pm

blablabla wrote:when [do I] exit?


While in profit or at your stop loss :lol:

The candle bodies will become consecutively longer or shorter as they reach areas of profit taking; if other people are taking profit then take profit, if you see a resurgence of momentum then re-enter.

There might be a single candle body that is extremely long compared to all the others on the chart, you know that people are going to be taking their money off soon; after such a candle there might be a small retrace and a second but much smaller thrust that is likely profit taking.

When a single candle body is large and retraces to a previous BO or when the "trend" is above 80 degrees and cancels the profit of a price leg then you can be confident that, for the time being, there is no more money to be had in that direction.

With experience you will know by the dance what song is being sung.

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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby blablabla » Sat Oct 17, 2015 2:53 pm

MightyOne wrote:
blablabla wrote:when [do I] exit?


While in profit or at your stop loss :lol:

The candle bodies will become consecutively longer or shorter as they reach areas of profit taking; if other people are taking profit then take profit, if you see a resurgence of momentum then re-enter.

There might be a single candle body that is extremely long compared to all the others on the chart, you know that people are going to be taking their money off soon; after such a candle there might be a small retrace and a second but much smaller thrust that is likely profit taking.

When a single candle body is large and retraces to a previous BO or when the "trend" is above 80 degrees and cancels the profit of a price leg then you can be confident that, for the time being, there is no more money to be had in that direction.

With experience you will know by the dance what song is being sung.


6 years lose money in the forex. The only thing I need is 15 pips per day. This strategy has its good days but it also has powerful days of losses. Sometimes I come to the conclusion that the market is random and earn money on it is not possible.

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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby dchappy » Sat Oct 17, 2015 3:54 pm

MightyOne wrote:
blablabla wrote:when [do I] exit?


While in profit or at your stop loss :lol:

The candle bodies will become consecutively longer or shorter as they reach areas of profit taking; if other people are taking profit then take profit, if you see a resurgence of momentum then re-enter.

There might be a single candle body that is extremely long compared to all the others on the chart, you know that people are going to be taking their money off soon; after such a candle there might be a small retrace and a second but much smaller thrust that is likely profit taking.

When a single candle body is large and retraces to a previous BO or when the "trend" is above 80 degrees and cancels the profit of a price leg then you can be confident that, for the time being, there is no more money to be had in that direction.

With experience you will know by the dance what song is being sung.

This one goes in my scrapbook.... :smt023 :smt023

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TheRumpledOne
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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby TheRumpledOne » Mon Oct 19, 2015 3:00 pm

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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 add www.kreslik.com to your ad blocker white list.
Thank you for your support.


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