2009.06.17 DRAIN THE BANKS REV 8

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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 12, 2009 9:05 pm

LIGIO wrote:
TheRumpledOne wrote:
gangsta1 wrote: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


TRO_DYNAMIC_FIBS_SR_TRAIL.

The best value is whatever works best for you. I use the default value on M15 charts.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Re: how to use the % range

Postby TheRumpledOne » Mon Oct 12, 2009 9:08 pm

LIGIO wrote: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


You'll know when price is at one of the fib retrace numbers, 23, 38, 50, 61, 77. Trade accordingly.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby gajerz » Thu Oct 15, 2009 12:43 am

TRO, your work is great!
i got some indicators, trown them on chart. trading today a bit. i got some profit and loss as well, but after looking at my trades today, can see, looses were only from breakouts, i'm after reading this thread now, and i know now how to work with them.from indi's i'm using only fibs, semas, rest of things can see from a chart.
just wondering why there is a lot of people asking about indi's, asking things, that they can find in this thread, or this forum even. reading couple hundred pages about DTB or NLA is hard, but not impossible :)
best of luck!

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TheRumpledOne
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Postby TheRumpledOne » Thu Oct 15, 2009 8:25 pm

Even when I distill the steps into the simplest possible, some one still has a question.

Some people learn by reading.

Some people learn by seeing.

Some people learn by hearing.

Some people learn by doing.

Some people learn by a combination.

Some people never learn.

Some people expect to learn without putting in any effort.

I can't please everybody all of the time.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby TheRumpledOne » Thu Oct 22, 2009 11:23 am

Image

COMING SOON!!
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Postby forrestang » Thu Oct 22, 2009 4:07 pm

What is the logic behind ignoring the wicks of the candles as how the daily range is factored?

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TheRumpledOne
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Postby TheRumpledOne » Thu Oct 22, 2009 5:40 pm

I do not understand your questions.

Nothing is "ignored" in the range calculations.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Thu Oct 22, 2009 8:05 pm

Image

Created the TRO RAT ZONE indicator.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby pablo101 » Fri Oct 23, 2009 1:35 am

TheRumpledOne wrote:Even when I distill the steps into the simplest possible, some one still has a question.

Some people learn by reading.

Some people learn by seeing.

Some people learn by hearing.

Some people learn by doing.

Some people learn by a combination.

Some people never learn.

Some people expect to learn without putting in any effort.

I can't please everybody all of the time.


All people learn by practicing :smt023
What line? The line that tells you which way you are trading! - MO

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Postby gangsta1 » Sun Jan 03, 2010 6:56 pm

Can somone please explain the advantges/disadvantages of using a 5pip trigger v.s a 10 pip trigger??

Is one of these triggers deemed safer than the other??

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