Never Lose Again

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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 31, 2008 7:59 pm

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 theperfectsun » Fri Oct 31, 2008 8:19 pm

Well Dragon, some of your enters were luck on my opinion. Esspecially on the chart where you have drawn the red and green lines. There were no oposit candles yet, you were against the H1 trend and so early in the trade I never saw any signals. You talk about the wicks, I wold be very happy if you could explain it to me. Thanks for trying for me to understand!
thank you

Good luck to you all!

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dragon33
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Postby dragon33 » Fri Oct 31, 2008 8:34 pm

theperfectsun wrote:Well Dragon, some of your enters were luck on my opinion. Esspecially on the chart where you have drawn the red and green lines. There were no oposit candles yet, you were against the H1 trend and so early in the trade I never saw any signals. You talk about the wicks, I wold be very happy if you could explain it to me. Thanks for trying for me to understand!


We had a trending market overthere. And we were near the switch of the H1 candlecolor. That's why i was taking those trades. I've had a red candle going down, starts to making a big wick and i took the buy trade against H1. These are things you can try when you are making money.
First stick to the rules and when you have it and make money then there is time to get in early!! I couldn't do it myself when i saw it in the beginning. Now after a few hundreds of trades you can almost see things who aren't there yet!

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Postby theperfectsun » Fri Oct 31, 2008 8:40 pm

Ok, will do. I think I understand it all, I can see it all, the only problem I have is that it turns around against me a lot. I need to filter out trades more. Thanks, from now on I will be posting charts of trades I take.
thank you



Good luck to you all!



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Postby xmess7 » Fri Oct 31, 2008 8:41 pm

theperfectsun wrote:Well Dragon, some of your enters were luck on my opinion. Esspecially on the chart where you have drawn the red and green lines. There were no oposit candles yet, you were against the H1 trend and so early in the trade I never saw any signals. You talk about the wicks, I wold be very happy if you could explain it to me. Thanks for trying for me to understand!


Aahh isn't that what we are after ... luck??

Luck = An opportunity met with preparation.

LOL Just messing with words. Don't pay no attention to me LOL
Last edited by xmess7 on Fri Oct 31, 2008 8:48 pm, edited 1 time in total.

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Re: Hmm..how to explain......

Postby xmess7 » Fri Oct 31, 2008 8:47 pm

Al Mo wrote:Well....here is what TRO Dynamic SR looks like

What I started noticing was how the dots were - that was probably when I started to SEE the trend for the first time

More dots in a direction = trend....simple when I type this up, but when your learning this is not so easy to see....

when dots go flat, you know you have a situation of either Support or Resitance...



Now...remove the tool.....and try to see where the dots should be....

eventually, you will see it

easy peezy.....just takes a lot of screen time (and blowing a ton of 500 dollar demo accounts) to train your eyes. :)


I hope this helps
-Al Mo


I can SEE what you mean :)

But what do you mean by "dots go flat" are you referring to the moment when several dots of the same color are being formed?

Otherwise... it's as clear as sunshine....

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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 31, 2008 9:33 pm

Image

I made an update to TRO_SupResHHLL to show % in Range.

Looking at the last 3 bars, we can know exactly where the price is in respect to the range.

Since we are looking for reversals after 3 or more bars, TRO_SupResHHLL plots the Highest High and Lowest Low of those bars.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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4stroke
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NEVER SEARCH AGAIN !

Postby 4stroke » Fri Oct 31, 2008 9:44 pm

Isn't it time that TRO changed the topic name in

---->>> NEVER SEARCH AGAIN !!
Last edited by 4stroke on Fri Oct 31, 2008 9:46 pm, edited 1 time in total.

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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 31, 2008 9:45 pm

Image

You can clearly see price is at the 71% level.
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 31, 2008 9:48 pm

Image

Here you can SEE how a breakout was bound to happen.

Since we have statistics we know that 2 candles of the same color in a row is likely to happen.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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