bredin wrote:I should add that with some knowledge of s/d or zlines you will know when to "shoot for a runner" and how far to shoot for
Cheers
G
Hmm, I sure hope I havent just gone to YALE....
Can you elaborate on 'zlines', please...
Thanks
Moderator: moderators
daveM wrote:bredin wrote:I should add that with some knowledge of s/d or zlines you will know when to "shoot for a runner" and how far to shoot for
Cheers
G
Hmm, I sure hope I havent just gone to YALE....
Can you elaborate on 'zlines', please...
Thanks
frang0nve wrote:And from the same TRO stats we can see than we should expect 30% of winners with profit >= 10 pips, with TRO exit strategy we'll get at least 5 pips from each one, so our pessimistic expectation should be:
In 100 trades.
30 trades * 5 pips + 50 trades * 3 pips - 20 trades * 10 pips = 100 pips profit. (if we can't catch in ANY trade more than 5 pips ).
Cheers
Francisco
bredin wrote:gangsta,
if you are getting killed trading the reverses, trade the breakouts.
I think TRO said that in an earlier DTB thread.
Cheers
G
johny wrote:Hi Gangsta1,
You may probably consider filtering the trades by the size of M5 reverse candle. Say for red rat trades, take the trade only when body of the red candle is greater than previous green candle. Well, you may miss some moves, but, it will surely help to cut down your losses.
cheers,
Johny