TRO TRADING VIDEOS

[TheRumpledOne]

Hi TRO,

I remember that few years back you were talking about the Buy Zone trading strategy. I even have a PDF copy of it. Do you still trade by it?

Thanks

Yes, works for each session.

[TheRumpledOne]

[TheRumpledOne]

[TheRumpledOne]

[TheRumpledOne]

[TheRumpledOne]

[TheCrumpledOne]

Hi, here's a good place to start learning about TRO methods..

Just finished video 1:
About trading for 100 pips or more and stop loss of 100 pips using the SweetSpotsGold_TRO_MODIFIED_VERSION indicator.. what a long name.

I see that there are many pips to lose from trading this way but what I can see is:
1) Wait for Daily candle close then make a decision to buy or sell at the horizontal line, you can wait till the price comes back to the horizontal line before entering.
2) if you sell and the next candle close above your entry horizontal line, get out of the trade with a loss.

anyway, it is quite difficult... please correct me if I am wrong, anyone please.

video 1.png (30.99 KiB) Viewed 8588 times

[TheRumpledOne]

If you are up 50 pips and allow the market to move against you 150 pips, then I don't know what to say other than move your stop up or
take partial profit and move your stop up or
take all the profit and wait for another trade.
But under no circumstances, allow a 50 pip winner turn into a 100 pip loser!!

[TheCrumpledOne]

If you are up 50 pips and allow the market to move against you 150 pips, then I don't know what to say other than move your stop up or
take partial profit and move your stop up or
take all the profit and wait for another trade.
But under no circumstances, allow a 50 pip winner turn into a 100 pip loser!!

Noted TRO, thanks for the clarification, do you have a script or indicator to automatically take partial profit or move to move the stop up ?

Video 2:
Yes, I am consistently inconsistently.
Write down a simple 1 sentence trading plan infront of you. e.g. "I will go short/long when _______"
Get serious, trading is a war. I must be discipline, execute trading plan or be punished with no trades for 2 days.
To be consistently consistent = form the right habits.

[TheCrumpledOne]

Halfway video 3, just trying to pleace the indicators on the chart and learning what they can do is just as good.

candles m indicator : shows the d1 candle colour on lower tf, m1, m5, m15, and m30.

vid 3 candles m indicator.png (32.55 KiB) Viewed 8550 times

continue...
Video 3: TRO TRADING MYTHS

Price data is same in D1 and in 1min chart and in all charts.
Take all the other mainstream indicators (MACD, RSI, stochastic) off my charts.

tried to find TRO_PLOT.tpl, but couldn't find it but I got the tro_plot indicator, so put it up to see all the previous D1, W1, MN OHLC open.high.low.close

vid 3 tro plot indicator.png (32.32 KiB) Viewed 8534 times