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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 27, 2008 8:44 pm

Image

Was anyone greedy enough to bag 100+ pips?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Postby xmess7 » Mon Oct 27, 2008 10:08 pm

TheRumpledOne wrote:Image

Was anyone greedy enough to bag 100+ pips?


TRO,
Is it plausible to have like 100% chance of getting 6pips if one uses some hedging combined with the histogram?

Just ideas... that come to mind.

Jess

xmess7
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Postby xmess7 » Mon Oct 27, 2008 10:11 pm

xmess7 wrote:
TheRumpledOne wrote:Image

Was anyone greedy enough to bag 100+ pips?


TRO,
Is it plausible to have like 100% chance of getting 6pips if one uses some hedging combined with the histogram?

Just ideas... that come to mind.

Jess


I can almost see the histogram filtered to only show the direction that has more pips..... hmmm my mind is racing.
Just old me.

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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 27, 2008 10:13 pm

Image

Any gambler will tell you that to make
money you need to keep the odds in your
favour, and the same is true in trading,
there are no certainties, only probabilities.
To win, you need to speculate when the
odds are in your favour, so succeed you
need to accurately predict and play the
odds. You need to know how to place your
bets to maximise your prots and keep
your losses small. To do this you need
a disciplined trading plan. The following
rules, if followed, will help you keep the
odds in your favour, know and follow the
rules and you will succeed. If you break
any of the rules you will end up losing
money.

- Windsor Advisory Services

Luck, continued the gambler reectively,
is a might queer thing. All you know about
it is it?s bound to change, and it?s nding
out when it?s going to change that makes
you.

- Berte Harte - The Outcasts Of Poker Flat

Sweet Pip posted this link:

http://www.earnforex.com/forex_e-books/ ... rading.pdf

Make sure you read it, EVERYDAY, until it SINKS IN!!
Last edited by TheRumpledOne on Mon Oct 27, 2008 10:25 pm, edited 3 times in total.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 27, 2008 10:15 pm

xmess7 wrote:TRO,
Is it plausible to have like 100% chance of getting 6pips if one uses some hedging combined with the histogram?

Just ideas... that come to mind.

Jess


QUITING THINKING AND FOCUS ON EXECUTION.

The histogram shows HISTORY.. WHAT HAPPENED.

YOU NEED TO FOCUS IN THE PRESENT.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 27, 2008 10:19 pm

xmess7 wrote:I can almost see the histogram filtered to only show the direction that has more pips..... hmmm my mind is racing.
Just old me.


STEP ON THE BRAKES.

QUIET YOUR MIND.

All you need to do is count to 3 and then TAKE THE APPROPRIATE ACTION.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 27, 2008 10:23 pm

Image

To succeed in trading you need to
understand that there are no certainties,
only probabilities, and to seek the truth
you need to have a deep understanding
of yourself and the market you operate
in, and how you relate to it. You need to
stand-alone and, from your perception of
what is going on around you, decide what
the truth is.

- Windsor Advisory Services
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 27, 2008 10:27 pm

Image

After 3 green H1 bars in a row, look to go SHORT.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 27, 2008 10:43 pm

Image

in trading there are
no certainties, only probabilities, and a
trader must accept this if he is to make
money.

- Windsor Advisory Services
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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Postby Pipsun » Mon Oct 27, 2008 10:55 pm

What type of orders do you use with this method?

I am currently using market orders to open as soon as the h1 candle is the reversal direction and going for a steady 7 pip tp,
Do you use trailing stops or stop loss orders or limits?
Can someone please clear this up for me I am currently using MBT

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