Thankyou kind Sir.
I will watch along on my charts from work.
This will be interesting and Im sure I will get to learn something new about humans shortly.
TRO BUY ZONE - KEEP IT SIMPLE
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- prochargedmopar
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Re: TRO BUY ZONE - KEEP IT SIMPLE
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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- prochargedmopar
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Re: TRO BUY ZONE - KEEP IT SIMPLE
EyeSee.
I would personally have to use a 2x + stop/reverse MM system.
Most days scrolling back it will be hard to get out of the "Asian Range" without price first coming back on you.
The biggest moves are during London and OR NY.
This Is why lots of traders "fade" during the Asian session.
This can work though for consistent smallish pip hauls.
I would personally have to use a 2x + stop/reverse MM system.
Most days scrolling back it will be hard to get out of the "Asian Range" without price first coming back on you.
The biggest moves are during London and OR NY.
This Is why lots of traders "fade" during the Asian session.
This can work though for consistent smallish pip hauls.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
Re: TRO BUY ZONE - KEEP IT SIMPLE
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- TheRumpledOne
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Re: TRO BUY ZONE - KEEP IT SIMPLE
Buy Zone is simple yet profitable.
The hard part is believing simple can be profitable...
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 do NOT PM me with trading or coding questions, post them in a thread.
- prochargedmopar
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Re: TRO BUY ZONE - KEEP IT SIMPLE
Believing is simple.
Anyone with half a brain can see the profit.
(Whats amazing is there are actually kids @my wifes hospital that have half their brain removed and they function surprisingly well)
KNOWING it to be true on the other hand is not so simple.
Having faith will not help. Faith is basically the definition of dought.
To know is to have NO dought.
Knowing is a Truth.
Anyone with half a brain can see the profit.
(Whats amazing is there are actually kids @my wifes hospital that have half their brain removed and they function surprisingly well)
KNOWING it to be true on the other hand is not so simple.
Having faith will not help. Faith is basically the definition of dought.
To know is to have NO dought.
Knowing is a Truth.
#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
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
You already Know ..You KNOW that price will move 10 pips or more from the open ..Always has...Always will .You may / will be wrong on the direction a time or two ,but a few small loses will be erased when the move eventually happens .
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- prochargedmopar
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Re: TRO BUY ZONE - KEEP IT SIMPLE
Hmmm,
So your saying use a 22 pip sl and go for 30+ OR a b/e each and every day.
So your saying use a 22 pip sl and go for 30+ OR a b/e each and every day.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- TheRumpledOne
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Re: TRO BUY ZONE - KEEP IT SIMPLE
Obvious short....
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 do NOT PM me with trading or coding questions, post them in a thread.
Re: TRO BUY ZONE - KEEP IT SIMPLE
prochargedmopar wrote:Hmmm,
So your saying use a 22 pip sl and go for 30+ OR a b/e each and every day.
No,I wasn't saying that at all . Stops and management will be different for every trader .What I was saying is that we/I know that price will move 10 or more pips from a session open 99.999% of the time .That is a huge edge . How to capture those pips is up to the individual. A horizontal line (ie: buy zone ) is one method .
- prochargedmopar
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Re: TRO BUY ZONE - KEEP IT SIMPLE
dchappy wrote:
We/I know that price will move 10 or more pips from a session open 99.999% of the time .
How to capture those pips is up to the individual.
So we are back to square one.
TRADING
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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