2009.05.23 DRAIN THE BANKS - REV 007

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TheRumpledOne
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2009.05.23 DRAIN THE BANKS - REV 007

Postby TheRumpledOne » Sat May 23, 2009 6:26 pm

2009.05.23 DRAIN THE BANKS - REV 007

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DRAIN THE BANKS - REV 007 is now available.

Enhancements

D1 Bias Added.

New indicator - TRO_MM_PAD shows the candle color on all chart periods

New indicator - TRO_MM_BO shows breakouts and reversals on all chart periods



This is a simple method that, when applied 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(indigo) and short(magenta) 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.


All the indicators you need and then some, along with the REV 007 template, are in the attached zip file for FREE!




PLEASE DO NOT POST MY INDICATORS ANYWHERE



READ ABOUT LWP/SWP HERE
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Last edited by TheRumpledOne on Mon Jun 01, 2009 1:42 pm, edited 3 times in total.
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Postby john225 » Sat May 23, 2009 10:44 pm

Waht is the trigger the indigo and magenta line ?

lisyah
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Postby lisyah » Sat May 23, 2009 11:22 pm

john225 wrote:Waht is the trigger the indigo and magenta line ?


[font=Comic Sans MS]Magenta: Sell
Indigo: Buy

Unless I misinterpreted something, I think that's the answer to your question. ^_^[/font]

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Postby Demonyca_ro » Sun May 24, 2009 9:36 am

Thank you so very much... Great as always :D

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Postby TheRumpledOne » Sun May 24, 2009 6:20 pm

A trader sent me THIS

What do YOU think?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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JESGPY
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Postby JESGPY » Sun May 24, 2009 8:24 pm

Hey TRO

What do you think about this strategy?
http://www.forexfactory.com/showthread.php?t=44246

JUAN

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Postby prochargedmopar » Sun May 24, 2009 8:32 pm

TheRumpledOne wrote:A trader sent me THIS

What do YOU think?


Looks like steve nison's description of "crack and snap" or "falling off the roof".
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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TheRumpledOne
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Postby TheRumpledOne » Sun May 24, 2009 9:35 pm

JESGPY wrote:Hey TRO

What do you think about this strategy?
http://www.forexfactory.com/showthread.php?t=44246

JUAN


Just have to run the stats... seems like it is a horizontal line strategy so it should work.
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Postby JESGPY » Sun May 24, 2009 9:37 pm

Yes it is.

Are you going to run the stats?
The only thing I think you can change is the instead of placing a fixed TP use traling stop to rack in more pips.

JUAN

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Thanks For Version 7

Postby oldmangeezer » Sun May 24, 2009 10:11 pm

TRO,

Thanks for the new version.

Appreciate all your work.

Have fun in Cabo!!

Are you trading on Monday (Memorial Day)?

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