TRO BUY ZONE - KEEP IT SIMPLE

[volnmar]

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?

[dchappy]

Easy day today..

[dchappy]

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

[volnmar]

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

[volnmar]

Try the TRO_BuyZone_Time indicator - attached

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.

[dchappy]

Small loses are very common ,but eventually there will be a move to create some profit . done for today .

[dchappy]

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...

[volnmar]

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...

Great 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

[prochargedmopar]

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...

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

[dchappy]

Another easy morning.....