ANATOMY OF DRAINING THE BANK

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TheRumpledOne
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Postby TheRumpledOne » Thu Oct 08, 2009 4:02 pm

If you are not trading on an ECN, then you are giving your money away.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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gangsta1
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Postby gangsta1 » Thu Oct 08, 2009 4:13 pm

TRO, what if you are waiting for a reversal after a 15min breakout bar and the price opens below the trigger for a short or above the trigger for a long?

I have attached a chart showing what I mean: Breakout bar closed so I was looking to reverse. However price opened below the trigger. Does this mean that opportunity was missed?
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trigger.gif
trigger.gif (24.15 KiB) Viewed 4026 times

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The_Snowman
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Postby The_Snowman » Sun Aug 29, 2010 7:58 am

I enjoyed reading this thread but seems like it died off; is there another that continues to follow and expand on this trading method?

Thanks, to all contributors and donation send, waiting patiently.....

turboeskimo
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Postby turboeskimo » Mon Aug 30, 2010 12:08 pm

BTW, gangsta1 posted very interesting question. I would like to know it too, what ro do in such situation:)

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TygerKrane
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Anatomy of Draining the Bank continuation

Postby TygerKrane » Mon Aug 30, 2010 3:28 pm

The_Snowman wrote:I enjoyed reading this thread but seems like it died off; is there another that continues to follow and expand on this trading method?

Thanks, to all contributors and donation send, waiting patiently.....


Most likely here:

2009.11.05 DRAIN THE BANKS - REV 9


The main points being, H1 semaphores/semafores, M15 charts, and triggers, I think.

~Krane

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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TheRumpledOne
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Postby TheRumpledOne » Mon Aug 30, 2010 11:09 pm

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



Please do NOT PM me with trading or coding questions, post them in a thread.

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