Thread: All You Need To Trade Is A Horizontal Line

Wow, a forum where TheRumpledOne has not been banished from yet, this is a miracle! My only caution, to anyone reading this, is to simply not trade the way TRO recommends, for it has been proven over and over, at many forums where TRO can no longer post, to simply not be a valid way to trade.

Plus TRO never gives any actual method, just "trade with the 1 HR candle" but includes no stops. It simply is a dangerous way to trade. He does, however, present a really good way to trade, if you will take his suggestions and just do the opposite.

Originally Posted by TheRumpledOne

Looks like it's been a while.

This is really simple.

Don't trade against the H1 candle color and you should do fine.

Originally Posted by dreamliner

Wow, a forum where TheRumpledOne has not been banished from yet, this is a miracle! My only caution, to anyone reading this, is to simply not trade the way TRO recommends, for it has been proven over and over, at many forums where TRO can no longer post, to simply not be a valid way to trade.

Plus TRO never gives any actual method, just "trade with the 1 HR candle" but includes no stops. It simply is a dangerous way to trade. He does, however, present a really good way to trade, if you will take his suggestions and just do the opposite.

All of the "dangerous" things in your life have everything to do with yourself, in this case the way you interpret the market and act upon it. Trading with the H1 candle color is a smart thing to do; at least you know you trade with the trend of that hour. Many prefer to even trade in the direction of higher timeframes, like the daily.

It is up to you to fill in the blanks and design a system. Don't expect to be spoon fed and always remember that that is in your best interest, even if you think it isn't.

Those who know how to think need no teachers. - Mohandas Gandhi

I would like to simply challenge your thinking a bit, and encourage you to grow in your understanding. The way in which I wish to challenge you is this:

I fly airplanes for a living. I do not know whether you fly or not, but let's say for the sake of argument that you do not. One day you come to me to learn how to fly. Without teaching you anything at all, we get in the airplane and taxi out to the runway and then take off. About 100 feet in the air I ask you a simple question: "do you know how to think?" You reply, "well yes of course." And then I say "well then the airplane is all yours, go ahead and bring us in for a landing. Since you know how to think obviously you need no instruction from me. Do not expect me to spoon feed you, just design a method of landing for yourself, and enjoy!" At this point, while you try to take the wheel and keep yourself in the air, you are quite mad at me and think I am very foolish.

Now you know how many Forex traders will feel about you, and your foolish statements below.

Originally Posted by PTG

All of the "dangerous" things in your life have everything to do with yourself, in this case the way you interpret the market and act upon it. Trading with the H1 candle color is a smart thing to do; at least you know you trade with the trend of that hour. Many prefer to even trade in the direction of higher timeframes, like the daily.

It is up to you to fill in the blanks and design a system. Don't expect to be spoon fed and always remember that that is in your best interest, even if you think it isn't.

Those who know how to think need no teachers. - Mohandas Gandhi

Originally Posted by dreamliner

I would like to simply challenge your thinking a bit, and encourage you to grow in your understanding. The way in which I wish to challenge you is this:

I fly airplanes for a living. I do not know whether you fly or not, but let's say for the sake of argument that you do not. One day you come to me to learn how to fly. Without teaching you anything at all, we get in the airplane and taxi out to the runway and then take off. About 100 feet in the air I ask you a simple question: "do you know how to think?" You reply, "well yes of course." And then I say "well then the airplane is all yours, go ahead and bring us in for a landing. Since you know how to think obviously you need no instruction from me. Do not expect me to spoon feed you, just design a method of landing for yourself, and enjoy!" At this point, while you try to take the wheel and keep yourself in the air, you are quite mad at me and think I am very foolish.

Now you know how many Forex traders will feel about you, and your foolish statements below.

I forgive you for your attitude.

I don't care what you nor anybody else, including forex traders, think of me. I am more than happy to take their money though.

You obviously have learned to fly by exactly knowing what you were getting into. You were taken by the hand and led to the promised land. That was what you agreed in writing. That was what you paid for. You paid to be spoon fed, which is fine of course.

In trading, you also wish to be spoon fed because you (rather wrongly) assume that you have an agreement with the supplier of (free !) information to lead you to trader heaven. You believe you have a right to TRO's knowledge. I ask you: where is the agreement with TRO ? What are you providing him in return, except for your cynical remarks ? Where has he not met the agreed ?

You will have a hard time finding anybody who is willing to spoon feed you in trading, simply because trading itself is much more profitable for those who really know than teaching. And even if you do find teachers, you will find that you will have to find your own way. You will be thankful for every piece of information that feeds your mind.

A little humility can't hurt, can it ? But then again, what do I know..

It is unwise to be too sure of one's own wisdom. It is healthy to be reminded that the strongest might weaken and the wisest might err.
Mohandas Gandhi