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ewokuk
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Postby ewokuk » Fri Oct 17, 2008 6:44 pm

i give up. i dont know what im looking for anymore and ive lost all confidence in being able to pick any trade so end up opening them all over the place.

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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 17, 2008 6:44 pm

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TRO DYNAMIC FIBS SR will plot the fibs for you.

Just set the fib inputs to TRUE!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 17, 2008 6:49 pm

ewokuk wrote:i give up. i dont know what im looking for anymore and ive lost all confidence in being able to pick any trade so end up opening them all over the place.


Then stop doing that.

Wait for the H1 and D1 candles to be the same color and enter the trade at a HORIZONTAL LINE.

It's that simple.

Or you can wait for the reversal trade like I just illustrated.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 17, 2008 6:51 pm

xmess7 wrote:Kewl, I'll wait for it!

Mr TRO, I am starting to get to the point where all I do is draw fibs on the H1 range and do entries on the lower time frames. I am starting to SEE with more clarity price direction. Now if I had some stats... boy that would be awesome... the EDGE, the EDGE!!

Keep up the great work, Mr TRO.



Please post a chart and show others what you do.

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



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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 17, 2008 6:58 pm

Image

That trade was worth 10+ pips.

Was it worth the wait? YES!!

Do you realize what would happen if you started out with just 1 mini lot and did that once a day?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 17, 2008 7:07 pm

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Back to waiting.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 17, 2008 7:21 pm

Image

Here's when the statistics come into play.

In the last 960 H1 bars, we have had 7 green in a row 4 times and an 8 in a row 1 times. No 9 in a row. Which way will price most likely go.. Up or Down?

ANYTHING CAN HAPPEN but statistically, place your money on RED.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 17, 2008 7:23 pm

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That sure didn't take long...LOL!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 17, 2008 7:41 pm

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When things stack up in your favor ( lower highs, lower lows, candle count, candle color, bias, pivots, etc...) you have the statistical "edge" over the house. All you have to do is TAKE THE TRADE.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 17, 2008 8:03 pm

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Stats win, house loses.

DRAIN THE BANKS!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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