BUY ZONE FOR DUMMIES INDICATOR

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tompiet
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Postby tompiet » Fri Jul 31, 2009 8:01 pm

tompiet wrote:TRO or anybody with knowledge

I remember seeing a "dashboard" that would monitor multiple pairs that were setup using "BUY ZONE". But I'll be dipped if I can locate it again.
Does anybody remember were this might be ?????

Thanks

P.S. You always wonder why the guys with the great money making ideas have to sell there idea if the idea is so great in the first place.
Now we have "anti-scam" helping us all ... THX TRO
Sorrry
Previous msg is for "DRAIN THE BANKS" dash board.

THX
Tom Pietrzak
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tompiet
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Postby tompiet » Fri Jul 31, 2009 8:01 pm

tompiet wrote:TRO or anybody with knowledge

I remember seeing a "dashboard" that would monitor multiple pairs that were setup using "BUY ZONE". But I'll be dipped if I can locate it again.
Does anybody remember were this might be ?????

Thanks

P.S. You always wonder why the guys with the great money making ideas have to sell there idea if the idea is so great in the first place.
Now we have "anti-scam" helping us all ... THX TRO
Sorrry
Previous msg is for "DRAIN THE BANKS" dash board.

THX
Tom Pietrzak

tompiet@yahoo.com

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PTG
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Postby PTG » Fri Jul 31, 2009 11:20 pm

dito042 wrote:HI Avery,

The broker you recommend - MB Trading - is no longer accepting to open MT4 live accounts. Also, how NFA rules will affect your trades with MB Trading?

Thanks,

dito


Dito,

Here's a cutandpaste of the email I got from MB Trading:

Dear FX Client;


MB Trading is pleased to announce that we are fully compliant with the new NFA FIFO Rule 2-43. Our platforms will retain all of their current functionality, however all on-line statements will now reflect the required FIFO (First-In, First Out) accounting practices.


MB Trading customers will be able to continue to use the Navigator platform and our 18 order types exactly the same as they have been. Our system has always used cost averaging for positions, and all limit, stop, and other management order types can still be used to counter / close existing positions. At the same time, our on-line, end of day reporting statements will be adjusted to accurately reflect the new FIFO standards.


The FIFO rule will take effect beginning July 31/August 1, 2009. We appreciate your continued support and business.


Let me tell you this. I have NO backroom deals going on with TRO whatsoever. There is NO kickback for me just because I am positive about MB Trading (so far). Believe me if I tell you that I WILL defend my interests should there be something going on at MB Trading that is NOT agreed and is NOT in my best interest.

MB Trading do have minor issues, like cutting the demo feed a couple of days ago without prior notification. I suspect this is related to this *^&*&)(* cr@p NFA BS. Nothing is perfect.

I have been trading news with them and the execution had NO delays that I am aware of. No requotes, no BS. No orders not being accepted. It works. I am very satisfied about them. Again, you can believe me that I would definitely be negative if there were valid reasons.

I use MBT Navigator plus MBT MT4 just like TRO does. With MB Trading Navigator, which I prefer, you cannot hedge. There are some other very interesting features that you can use to earn more pips. TRO will inform you when you sign up with MBT using TRO as an IB.

To answer your question: MBT is basically not affected because you couldn't and can't hedge anyway with Navigator. Can't tell about MT4 because I'm not interested tbh. If one really wants to hedge, then there are probably other ways to do this. But then again: why bother ? Why hedge ? Do you let your positions run out of hand so far that you think you need to ?

I know somebody who has lost thousands today because he couldn't get Alpari UK with their super-duper-hedging-enabled MT4 to accept orders during the US news. Not so with MBT. What is it you want ? Get off on features or earn money ? The choice is yours.

You can also check out MBT on www.forexpeacearmy.com in the reviews & rating section.

Again: I WILL scream if I am treated unjust by them.
This is my new signature: "new signature".

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PTG
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Postby PTG » Fri Jul 31, 2009 11:57 pm

Oh, by the way.

How many order types does MT4 have ?
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Patch
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Postby Patch » Fri Aug 21, 2009 1:33 pm

Airball

I am reading the Buy Zone for Dummies and up to page 5. I see several of your posts on this thread already and just have to ask you. It sounds like you are trading BZ. Are you? Are you trading several hours opens during the day? Are you trading multiple contracts by any chance.

I've been keeping up with Helmy on the Simple System thread. Two years ago I didn't get it. The past two weeks I'm getting it !!!

Patch
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ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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lukx
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Postby lukx » Fri Aug 21, 2009 2:24 pm

Two years ago I also didn't get it and today also I don't get it :)

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Patch
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Postby Patch » Sun Aug 23, 2009 4:18 am

TRO

A couple years ago I did not understand the BZ threads and indicators and the power of the horizontal line. When we met and talked in Arizona a couple year ago I heard but didn't get what you were telling me.

At our meeting I remember that you and Michal were running statistics on stocks and I think Forex. Did you run stats on FX open and the BZ? If you and Michal did, could you summarize the results. Is there a pair or a few FX pairs that your statistics indicated are best or better to use along with the BZ strategy?

One key stat I am very interested in, is when a pair opens up or down, what the likely pip movement is likely to be-long or short. Have you or Michal written a summary of your findings about the BZ significant statistics you found in your analysis?

Thank you and Michal for all your help over the years,
Patch
The Pipping Pirate
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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prochargedmopar
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Postby prochargedmopar » Sun Aug 23, 2009 6:07 am

patch,

look to the "be your own casino" post.

I think the buyzone works best on g/u and e/j if I remember correctly.

think about this.....wait for a momo candle. Then trade in direction of momo candle when price come back to the buyzone. Should be like 80% success rate or better if you don't get greedy.

Open some charts and look at them on 5m timeframe at the open of each hr after a momo (candle 2x size of previous) candle.

Never lose again.
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Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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noone22
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Postby noone22 » Sun Aug 23, 2009 8:59 am

prochargedmopar wrote:wait for a momo candle. Then trade in direction of momo candle when price come back to the buyzone


What is "momo" candle?
And how candle is confirmed to be "mama" one (I mean momo)?
Isn't it definition (whatever it will be) be too subjective -
so it will work for someone, but not for everyone?

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lukx
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Postby lukx » Sun Aug 23, 2009 11:51 am

I asked same question not so long ago. Momo is momentum candle , candle double the size of previous one. I would also be grateful is someone could explain what is Mighty Zone and what you should expect when price is in this Mighty Zone.

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