2009.06.17 DRAIN THE BANKS REV 8

[BlackPearl]

Nice job! Did you use TRO's DTB system?

BP

[jacal1]

Another drain today!! was best week yet!! still behind from last weeks total but came out 9% per day this week!

Here was todays Drain!!

Traded USD/JPY as it was the first to give me a semafore, double bottom and candle closing above previous high on the hour was catalyst for big change so I thought initial position right at turnover and once it was par with open of sema candle took 50 pips per position great end to a great week.

Great weekend!!

DTB!!

[300]

BP. It's my own "DTB" system. (different from Tro's) The most important is that we all drain the banks... Lets do it.

[Indigo]

BP. It's my own "DTB" system. (different from Tro's) The most important is that we all drain the banks... Lets do it.

Hi 300

Do you mind sharing your system with us?

Thanks!

[BlackPearl]

Nice job Jacal! Keep up the good work, I hope I can follow in your foot steps soon.

BP

[gctex]

Hi TRO,

Thanks a lot for this. I went thru this link http://www.kreslik.com/forums/printview ... 55&start=0 and loaded all the indicators:

Since I am a newbie, I am kind of overwhelmed by all the info shown in your charts.

1) What are the most important indicators that I should watch out for?
2) Is there a write-up on how to use the DTB system and what the various indicators are, posted somewhere? (Sorry if I have missed it.)

Thanks once again,

-Gc

[gctex]

Hi Patch... and others.

As I've been studying a lot on this forum last couple of weeks, here I report an index of the most useful threads for DTB I've found.
They are in chronological order...
Hoping this to be useful for other newbies like me:

- Anatomy of DTB
- 03.2009 The draining continues
- 04.2009 DTB rev 06
- 05.2009 DTB rev 07

Then about Volume:

- 06.2009 Volume Spread Analysis
- 06.2009 Stopping Volume

Oh wow, this is exactly what I was looking for. Thank you Matteo.

Can't someone make this a sticky?

[jacal1]

yesterdays U/J trade was a little rocky but was within acceptable limits still made my 2% by NY close.

Todays went a little smoother E/U 2 positions as candle closed well away from high on 3 sema took my 2% again.

2 days 2 trades and 2% hopefully this will continue

Waiting for next sema!

DTB!!!

[BlackPearl]

Nicely done Jacal! Do you know what the Magenta colored "X" and the Aqua colored "X" represent?

Thanks in advance,

BP

[jacal1]

Nicely done Jacal! Do you know what the Magenta colored "X" and the Aqua colored "X" represent?

Thanks in advance,

BP

I high and low of price he posted the prices if you were wanting breakout trading