2009.06.17 DRAIN THE BANKS REV 8

[TheRumpledOne]

Hello, I have a question about rule # 5 were it says if price goes against you and makes new levels get ready to enter, you mean get ready to enter another trade in the opposite direction ? or same direction? 2 Does this violate or does the new NFA rule affect this ?
thanks in advance.

Enter in same direction.

Has nothing to do with NFA rules.

[TheRumpledOne]

Check the picture: The "Wait" signal kept me out of these 2 trades worth 5+ pips each. THe h1 bias was in agreement with the direction at the time. Am I missing something?

The triggers are set "tight" at 5 pips.

You can increase the triggers so you'll get more trade signals.

[TheRumpledOne]

Is it a good idea to avoid news when using the DTB strategy?

Only if you want to miss out on the fast trades.

[traco1]

What is the difference between semaphores 1,2 and 3
thanks again

[jacal1]

gangsta1, hmm i do believe that the wait signal is a warning to you but you still need to be the one to make the decision indicators are there to sharpen the knife the system wont enter for you

the 15m candle right after sema would have been a good entry with your sl 20 pips above sema as it failed break and closed lower than last 3 candles, I suggest just watching and and studying a bit more on the way DTB works its alot more watching than just reading here wait signals are there more often than needed but remember TRO wanted something to give us something to assist us but also didnt want us to just be totally dependent on system use what YOU SEE at the moment.

As good as TRO is at creating helpful indicators he cant tell the future but he has given us DTB to sharpen the entry which is still up to you to enter.

But once again choose your pair and just watch its amazing how powerful the semas are you can believe or not but believe me what you see is for real.

DTB!!

[LIGIO]

Check the picture: The "Wait" signal kept me out of these 2 trades worth 5+ pips each. THe h1 bias was in agreement with the direction at the time. Am I missing something?

The triggers are set "tight" at 5 pips.

You can increase the triggers so you'll get more trade signals.

TRO whats the name of the indi where i can change that value for the triggers and wich is the best value for get more signals
thanks in advance

[LIGIO]

HI TRO,
thanks for all your help, i dont know how can use the value of the %range for the trade, can you help me how can i use that value in my trade decision
thanks again

[Ferrari]

Hey guys,

first post *virgin* hehe

I am absolutely overwhelmed with all the info and tools available... omg!

And for that TRO I salute you!

Can anyone give me a pointer to what material I can look at to start draining? It seems thats the status quo around here... drain the banks!

I went long on the euro 15min and drained some pips before, but not sure exactly what the method should be. I just went in when price entered the buy zone. Is this all there is to the draining???

I would really be thankful for any help!

Nick

[Ferrari]

Is this how we drain the banks?? USDJPY long +5

Much love,, Nick

[PINKPANTHER5]

Ferrari, you need the semefores on their as well as TRO FIB TRAIL. Those 2 are the key toold for DTB. Unless your a experienced trader, you wont do very well without them.

Just download the full template and use it