2009.05.23 DRAIN THE BANKS - REV 007

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TheRumpledOne
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Postby TheRumpledOne » Thu Jun 04, 2009 7:34 pm

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

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Postby TheRumpledOne » Mon Jun 08, 2009 12:58 am

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I may just have to add the CDRW to Rev 8!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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$mm
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Postby $mm » Tue Jun 09, 2009 3:43 am

I have loaded DTB REV 7, it seems all of my indicators aren't working? It says training wheels on but I get no messages? Also, in the upper left hand corner short trigger is stuck at 1.5928 same for long trigger at 1.5902. The bias are stuck LONG. What am I doing wrong? Thanks

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Postby Humble » Wed Jun 10, 2009 12:30 am

It would seem that you do not have those indicators. The chart is just showing what was on TRO's chart when he last saved the template for any indi that you do not have.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

$mm
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Postby $mm » Thu Jun 11, 2009 1:34 am

Humble wrote:It would seem that you do not have those indicators. The chart is just showing what was on TRO's chart when he last saved the template for any indi that you do not have.


Thanks Obvious, Humble how would I have ever managed without that insightful input :)

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TheRumpledOne
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Postby TheRumpledOne » Thu Jun 11, 2009 1:53 am

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Looks like the Stopping Volume indicator and the 3 Level ZZ Semafor indicators may be the winning combination for reversals. When they appear on the same bar or adjacent bars, a reversal usually happens.

REV 8 COMING SOON!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby rowdy » Thu Jun 11, 2009 10:30 am

TheRumpledOne wrote:Image

Looks like the Stopping Volume indicator and the 3 Level ZZ Semafor indicators may be the winning combination for reversals. When they appear on the same bar or adjacent bars, a reversal usually happens.

REV 8 COMING SOON!


Funny you should mention that, I noticed this last night.

Of course I am still grappling with how to bail when I get caught in a breakout. If I can find that "cry uncle point" in pips or max entries, I can really drain em. :lol:
All I need is Supply and Demand

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Postby player1 » Thu Jun 11, 2009 4:59 pm

Strange thing today yellow semafor appeared above both the 1hr and 30min GBP/USD charts but the price kept on going up and up, and 3 hours later it's still steadly going up, so it's been 70 pips to the upside since the indicator signalized entry order and it's not because of suprising economic data.
It was the same tuesday or wednesday on the gbp/USD when it reached bottom with the yellow semafor but the price kept falling.

I've been testing semafors for only a few days now and i find them useful but I prefer to wait for a while for the trend really to reverse. I realise huge banks don't know I have these dots painted on my screen and still the main thing I try to analyze is volume and OHLC but from many other systems and method I must say semafors combined with multiple candle colors seems one of the smarters all just need to remember it's not perfect.

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TheRumpledOne
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Postby TheRumpledOne » Fri Jun 12, 2009 4:16 am

Player1.. when you see a semafor appear for the first time.. think BREAK OUT instead of thinking reversal.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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player1
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Postby player1 » Fri Jun 12, 2009 9:53 am

That makes sense - yellow 3 appeared from the downside a moment ago on gbp/usd so i thought price will rise higher but just what you say it broke out 50+ pips down.
It confused me because looking at historcal data yellows appeared at the top when the price retraced and vice versa, i will think about it, thanks.

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