Never Lose Again

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
razorboy
rank: 500+ posts
rank: 500+ posts
Posts: 627
Joined: Tue Oct 21, 2008 2:06 am
Reputation: 0
Location: Toronto
Gender: None specified
Contact:

Postby razorboy » Fri May 15, 2009 7:12 pm

I was actually out of the office during both runs otherwise I would have added positions

The run up - taking my 5 year old to school
the run down - meeting

Just a matter of picking up on the pattern that price is moving - hit 100 yesterday and 100 the day before watching the way price moved after consolidation from the open at 5 pm est and figuring out the best time frames to play agaist each other - 15 minute candles on 4 hour candles seems to work best for me

I figure there are only 6 patterns relative to the open to watch for - 3 up and 3 down

if Price breaks from consolidation but doesn't hold the open price- looking for a reversal
If price breaks from consolidation, holds the open price and doesnt retrace at all - look for a steep fast run- (i can tell by the lack of semafor numbers how steep it is) and a big (50%) retrace when it finally stops and then another solid turn
If price breaks, holds the open, has a nice consolidation not too far from the open, the run will be more gradual and longer, but with fewer corrections along the way

And this sums up the EUROYEN for the last two days...........

Now to work your angle thing out

Stay tuned for more blinding flashes of the obvious........


MightyOne wrote:You made over 200 pips this morning?

That is what I am talking about:

If price moves a hundred to hundreds of pips per day there is no reason why you can't get at least half of it...




razorboy wrote:Funny how you should post that

I had initially gone long when price broke to the upside and "temporarily consolidated" above the open

went to bed when it broke to the low side - put in a limit sell that never got hit.......ya, I was looking for a bit of a retrace

This morning

Went long from 128.59 cover at 129.67

Short 129.547 cover 128.50........

Your patterns are becoming clearer once i start focusing on the price action at the relative to the open price...........I am trying to crystalize them on paper


MightyOne wrote:
Now explain to me how you did not shovel pips into your account on this move :shock:

Were you sleeping?

Were you expecting a higher high?

When It broke short were you waiting for some sort of
confirmation that price was going down?

Were you waiting for a retracement?

When It retraced why didn't you enter?

When It broke short again were you scared that price would retrace?

Maybe you thought that the move was over?

EXPLAIN:


Image
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!

http://thejoshkerbelproject.com/

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11430
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Sat May 16, 2009 4:23 am

TRADING IS SIMPLE

Many of you are complicating matters with complex, lagging, SQUIGGLY LINES indicators, unnecessary methods and/or over analyzing. Trading is so much simpler. There is no "trick" or "secret".

Remember, the game OLD MAID? The card game where you tried to stick someone else with the OLD MAID. Trading is similar. Think about it, some currencies are more desirable to have than others. The money flows from the undesirable to the desirable.

All you have to do is PAY ATTENTION and SEE how the money is flowing. When a currency becomes desirable, the price starts going up. When a currency becomes undesirable, the price starts going down. IT IS THAT SIMPLE!! All you have to do is WATCH and SEE. You do NOT need a bunch of indicators to trade!

At ALL times, one currency is the most desirable and one is the least. Watch what happens when the sentiment changes. Usually, it is a BIG MOVE. Buyers and sellers leave clues!! All you have to do is WATCH AND SEE!

NEVER LOSE AGAIN!!
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.

john225
rank: <50 posts
rank: <50 posts
Posts: 10
Joined: Wed May 13, 2009 9:18 am
Reputation: 0
Gender: None specified

Postby john225 » Sat May 16, 2009 11:15 am

Where can i find the rules for Never Lose Again!! Mark-02_Smile

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Sat May 16, 2009 1:21 pm

This is a Never Lose Again thread:
It has some rules on the first page.
http://kreslik.com/forums/viewtopic.php?t=1681
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11430
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Sun May 17, 2009 1:08 am

Some of you may find this informative:

http://articles.mql4.com/401
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.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

teoman
rank: 50+ posts
rank: 50+ posts
Posts: 88
Joined: Tue May 05, 2009 4:11 pm
Reputation: 0
Gender: Male

Postby teoman » Mon May 18, 2009 2:59 pm

I use different brokers demo account, and installed same tpl, to the different metatarders.

Their zone is same NewYork Time both of them.

But signals are different,

Usdchf one is buy, the other one is sell.. My Local GMT is +2, one broker is at London, the other one is at USA..

Any ideas..

Image


Image

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11430
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Mon May 18, 2009 6:11 pm

Look at the candles.

1 pip can make all the difference.
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.

bakken
rank: <50 posts
rank: <50 posts
Posts: 1
Joined: Wed Dec 24, 2008 6:46 am
Reputation: 0
Gender: None specified

TRO2009_Dashboard_3LZZ

Postby bakken » Mon May 18, 2009 11:35 pm

TRO - thanks so much for all your indicators and knowledge. I have been using Drain the Banks and it's great. I have one question about the TRO2009_Dashboard_3LZZ indicator. Basically, I have it on my charts and everything is just greyed out. It doesn't seem to work at all. All your other indicators are working great. Am I doing something wrong? I didn't know whether to post this or PM you so sorry if this is in the wrong place. Thanks.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11430
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Tue May 19, 2009 12:15 am

DON'T PM ME ABOUT INDICATORS OR TRADING!!

You posted properly.

It sounds like you didn't install one of my updates. You have to have 3LZZ_TRO_EXT in the indicator folder for that dashboard to work.
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.

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Tue May 19, 2009 1:19 am

MightyOne:

Blue line says mod high.
Red line says mod low.

When the current candle is opposite colors they read opposite I think.

Giving the current picture we would trade long above blue and short below red?????
It appears things to me are going short...........
Please explain.
Image
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”