Never Lose Again

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Columba
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Re: Never Lose Again

Post by Columba »

Just a suggestion and one that I try to pay attention to though I am not always at the terminal to see all this.

You set an Einstein line and wait for a semafor to print. I often ignore the 1s and wait for a 2 or 3. I take profit upon seeing the 2 or 3 semafor (another free TRO indicator) and initiate a new Einstein trade heading away from the semafor. So, lets say you are in a trade, a 2 prints above your opening position. Take profit here and reset for a SHORT trade. Reverse sequence if your original position was a short.

You are now saying but the Einstein draws lines on both sides of it open. True, but at this point I will only take the position away from the immediate past high or low. Why . . . because if a semafor has shown itself I believe there is a greater probability price reverses now or at least soon. You don't want to go long near the top and vice versa.

Two additional observations. First, of course when you see the semafor prices may continue along and the 2 or 3 drift further up. As TRO says, that's trading. It took me a while but don't be unhappy with a profit. You got what you came for.

Second, this takes away from you the challenging decision of when should I exit (unless you are way better than me making this decision). TRO might say when prices stall . . . obviously good advice. I think waiting for the semafor contributes to more profits for me. Keeps it simple anyway.
Columba
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Re: Never Lose Again

Post by Columba »

Just in case you don't have the semafor already, the title to look for is: 3 Level ZZ Semafor TRO Mod. Motherlode probably.
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TheRumpledOne
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Re: Never Lose Again

Post by TheRumpledOne »

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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TheRumpledOne
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Re: Never Lose Again

Post by TheRumpledOne »

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.
kampion
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Re: Never Lose Again

Post by kampion »

Hi All

I am new here on the never lose again forum. i wanted to start from scratch - page 1 - of the "Never Lose Again" thread but it seems as though the thread has been removed on babypips - when accessing the link show-me-money-daytrading/16021-never-lose-again-199.html#post74080 i get a 404 error. - Can anybody here please point me to the first page of the thread as was on the babypips forum. i read the first page here on kreslik and it seems like everybody here already has a clue of whats going on, Sort of like a thread continuation .

I just want to get up to speed.

Thanks in advance.
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LeMercenaire
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Re: Never Lose Again

Post by LeMercenaire »

kampion wrote:Hi All

I am new here on the never lose again forum. i wanted to start from scratch - page 1 - of the "Never Lose Again" thread but it seems as though the thread has been removed on babypips - when accessing the link show-me-money-daytrading/16021-never-lose-again-199.html#post74080 i get a 404 error. - Can anybody here please point me to the first page of the thread as was on the babypips forum. i read the first page here on kreslik and it seems like everybody here already has a clue of whats going on, Sort of like a thread continuation .

I just want to get up to speed.

Thanks in advance.


Welcome aboard.

If you are not absolutely fixated on recreating the thread-line(s) exactly, then I would say that Mr-D is doing a stellar job over on his ''Mr. D's Humble Quest in the Wick Land'' thread of pulling together the major touchstones of MO's thoughts.
kampion
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Re: Never Lose Again

Post by kampion »

LeMercenaire wrote:
kampion wrote:Hi All

I am new here on the never lose again forum. i wanted to start from scratch - page 1 - of the "Never Lose Again" thread but it seems as though the thread has been removed on babypips - when accessing the link show-me-money-daytrading/16021-never-lose-again-199.html#post74080 i get a 404 error. - Can anybody here please point me to the first page of the thread as was on the babypips forum. i read the first page here on kreslik and it seems like everybody here already has a clue of whats going on, Sort of like a thread continuation .

I just want to get up to speed.

Thanks in advance.


Welcome aboard.

If you are not absolutely fixated on recreating the thread-line(s) exactly, then I would say that Mr-D is doing a stellar job over on his ''Mr. D's Humble Quest in the Wick Land'' thread of pulling together the major touchstones of MO's thoughts.


Hi LeMercenaire

Thank you for your welcome. i will have a look meanwhile.

Thanks again. :mrgreen:
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TheRumpledOne
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Re: Never Lose Again

Post by TheRumpledOne »

Someone saved and uploaded the NLA thread from BabyPips.
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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LeMercenaire
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Re: Never Lose Again

Post by LeMercenaire »

TheRumpledOne wrote:Someone saved and uploaded the NLA thread from BabyPips.


Yeah, I vaguely remember hearing about / reading about / seeing that somewhere - can't for the life of me remember where, however.
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TheRumpledOne
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Re: Never Lose Again

Post by TheRumpledOne »

NLA BABYPIPS ATTACHED
Attachments
NLA_Babypips1.zip
(224.22 KiB) Downloaded 737 times
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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