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TheRumpledOne
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Postby TheRumpledOne » Wed Dec 17, 2008 5:41 am

MightyOne, looks like you're draining the banks!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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MightyOne
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I I I

Postby MightyOne » Wed Dec 17, 2008 6:21 am

TheRumpledOne wrote:MightyOne, looks like you're draining the banks!


I try TRO, I don't want to sound like I mastered Time & Sales or any thing close to that.
I am just looking at what price is doing and going off of that.

Quick note: if you are short you want to see GROUPS of RED sales that are at DIFFERENT numbers. When you see red 5 red sales in a row at the same price that is not a good thing :wink:

You have to be so fast with your eyes it can get a little crazy...

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TheRumpledOne
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Postby TheRumpledOne » Wed Dec 17, 2008 2:30 pm

Image

I put a switch in TRO TIME SALES so you can see the pip difference instead of price.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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MightyOne
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Postby MightyOne » Wed Dec 17, 2008 7:31 pm

TheRumpledOne wrote:Image

I put a switch in TRO TIME SALES so you can see the pip difference instead of price.


Now there is absolutely NO REASON that we can't ALL see what PRICE is doing!
Price appears to be "stalling" what does that look like?
How do the numbers come in after new highs or lows?
How do the numbers come in just before a quick move and during?
You want to mentally short 4 pips from the open on a red H1 candle and price goes there:
How were the green numbers coming in before this?
How are the green numbers coming in now?....OK SHORT!

At first I tried to use red green patterns, but after 10 hours of watching time & sales my "voice" was saying,"MightyOne, price is going to have a nice move up/down within the next 12 seconds."
Sad thing is that I am trying to put my finger on it, but it is becoming instinct.

Thanks TRO!

PS: Remember that if you don't know who's profit you're targeting then it is your profit! :shock: <---can't help it it is my favorite smiley.

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Postby illuminatedMind » Wed Dec 17, 2008 8:09 pm

Hi after a long break of forex trading i decide to get started again
and i had trouble with profit with indicator before. Now i have been trading without indicator and i must say that it is so much better . Counting candle technique is the BEST
The indicators are great but i realized that they were just illusion to me. =)
I Only exist for those who seek me...

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MightyOne
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What?

Postby MightyOne » Wed Dec 17, 2008 8:19 pm

What am I doing wrong? (with the indi)




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1st 25 pages on babypips

Postby Gulicio » Wed Dec 17, 2008 9:58 pm

I have to tell you that I feel like a traitor but it worked. I found your link through another site. Came here first. Read the entire thread twice. I felt "it". but I could not "see "it"". So i went over to babypips and started from the beginning while watching the charts on ES (Sorry not advanced enough for the forex yet). While I was reading the first 25 pages I kept looking at a blank chart with only candles on a five minute chart.(unfortunately none of the code works with Ensign software). I started to trade naked. Unbelievable!!
Only one lot but it was awesome. TRO I believe!!!!!! 6 trades 5 winners 1 loser for small $$ Could have stayed in longer for more dollars but I was trading for the first time with my new found "Zenship"

Thanks for all your hard work TRO I believe it is starting to pay off for me. Any chance I can get you to write some code for Ensign software :)

This is how I feel right now :shock:
Last edited by Gulicio on Wed Dec 17, 2008 10:00 pm, edited 1 time in total.

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TheRumpledOne
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Postby TheRumpledOne » Wed Dec 17, 2008 10:00 pm

I don't know... haven't tested it on the 3/5 decimal brokers yet. Don't know if that's the problem or not.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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MightyOne
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EXPERTS ONLY

Postby MightyOne » Wed Dec 17, 2008 10:00 pm

I would like to suggest an aggressive money management for those who kick the markets :!: all day long and rarely see a loss.

I start with TRO_DRAGON_MONEY_MGMT and a risk of 5% or 20 pips.

When I make 80 pips in a series of trades without a loss I double my unit size to twice what dragon says on each of the following trades and keep risk at 20 pips until I lose 1 trade.

When I lose 1 then I use DRAGON until I reach 80 pips in a series of trades without a loss.

CAUTION IF ANY THING BELOW IS FALSE:

I consistently make 100 pips before I take 1 loss
(If you usually scalp for 0.25-0.50 to 1)

I can execute 20 trades in a row without a loss 1/5
(If you usually scalp for 0.25-0.50 to 1)

5 trades in a row without a loss 4/5
(MOST IMPORTANT!)

Last edited by MightyOne on Thu Dec 18, 2008 12:22 am, edited 5 times in total.

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TheRumpledOne
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Re: 1st 25 pages on babypips

Postby TheRumpledOne » Wed Dec 17, 2008 10:06 pm

Gulicio wrote:I have to tell you that I feel like a traitor but it worked. I found your link through another site. Came here first. Read the entire thread twice. I felt "it". but I could not "see "it"". So i went over to babypips and started from the beginning while watching the charts on ES (Sorry not advanced enough for the forex yet). While I was reading the first 25 pages I kept looking at a blank chart with only candles on a five minute chart.(unfortunately none of the code works with Ensign software). I started to trade naked. Unbelievable!!
Only one lot but it was awesome. TRO I believe!!!!!! 6 trades 5 winners 1 loser for small $$ Could have stayed in longer for more dollars but I was trading for the first time with my new found "Zenship"

Thanks for all your hard work TRO I believe it is starting to pay off for me. Any chance I can get you to write some code for Ensign software :)

This is how I feel right now :shock:


Way too funny...

You're making money without indicators and you want me to write code? :roll:

Sorry, but I don't code Ensign.
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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