TRO BUY ZONE - KEEP IT SIMPLE

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volnmar
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby volnmar » Mon Jan 12, 2015 7:28 am

aliassmith wrote:
dchappy wrote:Sidney open .......


don't you have a big spread at monday open?


I didn´t see Sydney open, don´t know how big the spread was.

Please can you tell how you move your SL? Do you have some rule?
Just learning

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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby dchappy » Mon Jan 12, 2015 4:29 pm

Easy day today..
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby dchappy » Mon Jan 12, 2015 4:46 pm

My rule is ,"keep chasing price until it takes me out "

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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby volnmar » Mon Jan 12, 2015 7:25 pm

great day today, it is working good.. but I must learn how to "chase the price" to stay longer in trade... how you move stoploss? There must be some rule or not?

I use exit playbook +4pips is BE +5 place SL on +3.. than +10 place trailling SL on +2 and TP on +15

It was my first day, still looking for better playbook, if somebody has it, please share
Just learning

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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby volnmar » Tue Jan 13, 2015 8:35 am

TheRumpledOne wrote:Try the TRO_BuyZone_Time indicator - attached

Image



TRO can you please make indicator show historical buy zones of each day and draw lines only from one session to another?... To see London and NY sessions separately.
Just learning

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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby dchappy » Tue Jan 13, 2015 3:33 pm

Small loses are very common ,but eventually there will be a move to create some profit . done for today .
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby dchappy » Wed Jan 14, 2015 3:20 pm

Maybe this will help ...market crosses sell zone after open .I short @ 00 ,SL is @ 05.I see 8 pips profit and then green arrow appears (arrow),I am out immediately with +5 .4 bars later I am short again @ 00 ,SL is @ 05 . 8 bars later I see 12 pips and a green bar begins to appear ,(2nd arrow). I am immediately out with 10 pips and done for the day .This is scalping and you have to act fast ,when price stalls or moves against you get out ,there will ALWAYS be another trade .....This is a very simple method, but it works well for me ...good luck... :smt023
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby volnmar » Wed Jan 14, 2015 4:54 pm

dchappy wrote:Maybe this will help ...market crosses sell zone after open .I short @ 00 ,SL is @ 05.I see 8 pips profit and then green arrow appears (arrow),I am out immediately with +5 .4 bars later I am short again @ 00 ,SL is @ 05 . 8 bars later I see 12 pips and a green bar begins to appear ,(2nd arrow). I am immediately out with 10 pips and done for the day .This is scalping and you have to act fast ,when price stalls or moves against you get out ,there will ALWAYS be another trade .....This is a very simple method, but it works well for me ...good luck... :smt023



Great =D> I am trying it too, finally some strategy which is working well for me, but I am making stupid mistakes, which will disappear after some practice......it takes a lot of time to watch this strategy in action, live and learn...many times its really fast, in first seconds price breaks and whole session does not return.... it would be great to place indicator and see it in history, how price reacted, but I can´t program it :( so I am drawing it by hand and it is uncomfortable in mt4
Just learning

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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby prochargedmopar » Wed Jan 14, 2015 7:45 pm

dchappy wrote:Maybe this will help ...market crosses sell zone after open .I short @ 00 ,SL is @ 05.I see 8 pips profit and then green arrow appears (arrow),I am out immediately with +5 .4 bars later I am short again @ 00 ,SL is @ 05 . 8 bars later I see 12 pips and a green bar begins to appear ,(2nd arrow). I am immediately out with 10 pips and done for the day .This is scalping and you have to act fast ,when price stalls or moves against you get out ,there will ALWAYS be another trade .....This is a very simple method, but it works well for me ...good luck... :smt023


Are you still using a directional bias OR just grabbing what you can?
#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

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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby dchappy » Thu Jan 15, 2015 5:00 pm

Another easy morning.....
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