Thanks Patch. I am still thinking about this question:
"Thanks Mr TRO.
So does that mean, I would wait for the Ask Line to touch the trigger (if going long) and Bid Line to touch the trigger (if going short)?
Or do we just use Bid Line all the way for everything on the DTB triggers?"
2009.06.17 DRAIN THE BANKS REV 8
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- TheRumpledOne
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Hi Mr TRO, thanks for your help. Can you advise me on this question to you please? Thanks a lot.
" So does that mean, I would wait for the Ask Line to touch the trigger (if going long) and Bid Line to touch the trigger (if going short)?
Or do we just use Bid Line all the way for everything on the DTB triggers?"
Bob
" So does that mean, I would wait for the Ask Line to touch the trigger (if going long) and Bid Line to touch the trigger (if going short)?
Or do we just use Bid Line all the way for everything on the DTB triggers?"
Bob
TRO I came here from babypips where I saw your never lose again thread. I read over 100 pages of it and stopped once you were banned. I saw later the were talking about DTB stuff but I didn't read it because you weren't there.
I have a couple questions. First, is the whole time I was reading about the stuff on babypips I didn't remember seeing you mention leverage. What is the ratio you used when you are scalping like that?
Second, what threads can you direct me to that are good for me to read when it comes to what exactly Drain The Banks is and what it shows? I wanna catch up a bit.
I have a couple questions. First, is the whole time I was reading about the stuff on babypips I didn't remember seeing you mention leverage. What is the ratio you used when you are scalping like that?
Second, what threads can you direct me to that are good for me to read when it comes to what exactly Drain The Banks is and what it shows? I wanna catch up a bit.
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- TheRumpledOne
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FXDavidL wrote:TRO I came here from babypips where I saw your never lose again thread. I read over 100 pages of it and stopped once you were banned. I saw later the were talking about DTB stuff but I didn't read it because you weren't there.
I have a couple questions. First, is the whole time I was reading about the stuff on babypips I didn't remember seeing you mention leverage. What is the ratio you used when you are scalping like that?
Second, what threads can you direct me to that are good for me to read when it comes to what exactly Drain The Banks is and what it shows? I wanna catch up a bit.
Leverage or position size?
Your broker gives you leverage... usually 100 to 1.
RISK = STOP LOSS * POSITION SIZE.
Plug in 2 and figure out the third.
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- Matteo
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FXDavidL wrote:Second, what threads can you direct me to that are good for me to read when it comes to what exactly Drain The Banks is and what it shows? I wanna catch up a bit.
Hi FXDavidL,
I'm coming from babypips as you...
Look at my post in page 12 of this thread, I posted all the link useful to learn about DTB.
Bid line? Ask line? or just Bid line?
Hi Mr TRO or anyone who knows the answer in this forum thread, thanks for your help in advance. Can you advise me on this question please? Thanks a lot.
In DTB, we would wait for the Ask Line to touch the trigger (if going long) and Bid Line to touch the trigger (if going short)?
Or do we just use Bid Line all the way for everything on the DTB triggers?
Thanks
Bob
In DTB, we would wait for the Ask Line to touch the trigger (if going long) and Bid Line to touch the trigger (if going short)?
Or do we just use Bid Line all the way for everything on the DTB triggers?
Thanks
Bob
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