TRO,
I'm sorry to ask the same question in the third time,
but it was not answered for me,
and it is really important for my understanding
- could you answer please.
The question is about written rules for DTB system.
Could you post the rules or link (if they have already being posted).
If the same set of rules from NLA system applies
to the DTB system - I want to hear this (for clarity).
Note: I'm fully aware about rules for NLA system, but
I was never asking about rules for NLA, in fact -
I was asking rules for DTB, because in my understanding
NLA and DTB are two different systems (please correct me,
if I'm wrong).
2009.03.17 TRO - NEVER LOSE AGAIN!!
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- TheRumpledOne
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NLA is not a system.
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.
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.
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.
TheRumpledOne wrote:Price moved against me, so I entered a second time.
Price moved against me again, so I entered a third time.
Price moved my way and I exited with a profit.
Hello,
I am new registered user, thanks for your help at forex trading,
I try to read all forum topics and I am little bit confused now.
Buyzoneforex.pdf I downloaded from your topic ,
in trading rules no 35
35. Never add to a losing position.
but you keep adding positions, could you please explain that..
and as I read the anotomy of draining the bank. you wrote you trade with 5 min period when you saw semafor at 15 min period.
3 LEVEL ZZ SEMAFOR TRO MODIFIED VERSION
TheRumpledOne - Wed Apr 15, 2009 2:22 am
Post subject:
t's not my imagination is it? Did you go against H1 in this trade? Did you only have one position on for this trade?
YES, I WENT AGAINST THE H1. ONE POSITION.
Also, what "rules" would you use for trading a breakout? Would you simply wait for a hit of S/R and then look at range count to see the
average movement in comparison to the current breakout candle ? How would you manage the trade?
IF PRICE BREAKOUTS OUT BY 1 - 5 PIPS, YOU ENTER THE BREAKOUT. HOW MANY PIPS YOU WAIT IS UP TO YOU. YES, CHECK
THE CANDLE RANGE AND COMPARE TO AVERAGE TO SEE HOW MUCH GAS IS LEFT IN THE TANK. MANAGE THE TRADE? TAKE
MY PIPS WHEN I CAN...LOL!
so please if possible could you please write down once more the trading rules for the draining banks..
I am really confused..
Best regards
pierre23 wrote:If you see a 1, 2 or 3 with the semafor at the BOTTOM of a candle on the H1 chart, switch to your 15min and enter LONG at the lower trigger line (light blue dotted line). Vise versa for a short trade - you see a 1/2/3 ABOVE a candle on the H1, on 15min enter short at the upper trigger line (purple dotted line).
"price moved against me" eg. I have a long position and price is going against me; it's moving downward.
Hello,
If the "3" moves, you wait for that M15 candle to close. Do Not trade on a reversal candle. The indicator tells you when it is OK to Trade.
When a semafor forms, look for a BREAKOUT BEFORE looking for a REVERSAL... IT IS THAT SIMPLE
You wait for the 3 to appear and then you wait for price to move in the opposite direction.
do I need to wait H1 bias for long as well open long position 1/2/3 below the candle,or should I open the position againd the h1 bias
Regrads..
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"do I need to wait H1 bias for long as well open long position 1/2/3 below the candle,or should I open the position againd the h1 bias"
since ANYTHING can happen, you can win by trading against H1, but it IS SAFER to trade with H1. this means that there will be less opportunities, but safer ones. that is my experience.
since ANYTHING can happen, you can win by trading against H1, but it IS SAFER to trade with H1. this means that there will be less opportunities, but safer ones. that is my experience.
Hey TRO, I stumbled onto your thread at BP and thought "what a bunch of
$hi* I've got to read this!" To my surprise it was just what I was looking for.
I have attached screenshots of the last three days of trading that I believe
shows the transition from BLIND to SEEING.
THANKS TO YOU I NOW SEE!
For all of you reading this for the first time.
STAY HOOKED THIS WORKS!
$hi* I've got to read this!" To my surprise it was just what I was looking for.
I have attached screenshots of the last three days of trading that I believe
shows the transition from BLIND to SEEING.
THANKS TO YOU I NOW SEE!
For all of you reading this for the first time.
STAY HOOKED THIS WORKS!
- Attachments
-
- 51109trades.gif (67.28 KiB) Viewed 6131 times
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- 51209trades.gif (70.64 KiB) Viewed 6131 times
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- 51309trades.gif (63.67 KiB) Viewed 6131 times
- TheRumpledOne
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- TheRumpledOne
- rank: 10000+ posts
- Posts: 15560
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3035
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
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