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Thread: All You Need To Trade Is A Horizontal Line

  1. #11

    Default

    This is a scalping technique.

    I am fine with taking 3 - 5 pips of the banks' money.
    IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT!


    You are on the internet - If you (google) search for it, you'll probably find it.

  2. #12
    Junior Member
    Join Date
    Jun 2009
    Posts
    13

    Default

    You know, TRO, you run all over the Internet, leaving your "all you need to trade is horizontal lines", but people, or maybe I should say I, can't stand your posts. You give no specifics, ask us to read between the lines, and overall present a very superior attitude. I believe this is why most forums ban you, and the others should.

    Why don't you simply try, as hard as you can, to actually present a system. "Horizontal lines" and "read between the lines" does not a system make.

    For those of you reading this who have not yet had the misfortune of reading through TRO's (The Rumpled One) relentless posts, which are always unclear and vague, and are never helpful, just know that he has been banned by most forex forums around. You will get no where with him.

  3. #13
    MechXTrader
    Guest

    Default

    I tend to agree with TRO.
    Support and Resistance are great signals to trade by, as they provide points with high R:R and high probability of success.

  4. #14

    Default

    Quote Originally Posted by dreamliner View Post
    You know, TRO, you run all over the Internet, leaving your "all you need to trade is horizontal lines", but people, or maybe I should say I, can't stand your posts. You give no specifics, ask us to read between the lines, and overall present a very superior attitude. I believe this is why most forums ban you, and the others should.

    Why don't you simply try, as hard as you can, to actually present a system. "Horizontal lines" and "read between the lines" does not a system make.

    For those of you reading this who have not yet had the misfortune of reading through TRO's (The Rumpled One) relentless posts, which are always unclear and vague, and are never helpful, just know that he has been banned by most forex forums around. You will get no where with him.
    I have to disagree.

    I gave very specific instructions for trading on the H1 chart.

    I realize that the instructions are simple and many traders, who have been conditioned into believing trading is complex, can't grasp this method.

    H1 candle green at the line, you go long.

    H1 candle red at the line, you go short.

    Now, enter on the FIRST line that price meets. Don't be late to the party and enter on the second or third line and then complain about losing.

    As far as stop loss. You determine your risk. You determine your position size:

    RISK = POSITION SIZE * STOP LOSS

    STOP LOSS = RISK / POSITION SIZE

    This method tells you to trade at the line. If you are long, price reverses on you and the candle turns red, that is an indication that you are not winning and if you let price touch the other line and you do NOT stop out then you are just giving your money away. DON'T BLAME ME FOR THAT!
    IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT!


    You are on the internet - If you (google) search for it, you'll probably find it.

  5. #15
    MechXTrader
    Guest

    Default

    TRO - I must say your money management methodology is very good, I use it in my trading.

  6. #16

    Default

    So many lines, show me which one is the best, cause I am not going to do every one of them by hand.
    ***
    If you draw enough lines, one of them would be right, what can be easier then a horizontal line.
    ***
    Could be a good idea for EA.
    ***
    For manual - forget it, unless you are a wanna be robot.
    What kind of fun is that?
    ***
    Otherwise Sounds more like a "bank hate" emotional system.
    making $$ is reason enough, why to hate anyone?
    Unless you are a psycho? and a spammer
    Everybody knows you loose when trading on greed and fear.

    This a new loosing breed - trading on hate.
    And I hate to tell you that, yeh, you got me
    Last edited by Metatrader7; 08-21-2009 at 00:36.

  7. #17

    Default

    I remember in year 2000 when stocks were hot, there were lots of trading rooms created for people to trade between the spread risking big sums going for fraction of a point. Most went broke.
    **
    This looks like a Forex replica.
    **
    Quick profits are luring idea, but you have to sweat.
    ***
    Yes some market operators that watch markets every day on the job for 10-20 years can do that, but it's not for everyone, let's put it that way.
    ***
    not mentioning " the bank hate" psychosis.
    get real

  8. #18

    Default

    Quote Originally Posted by Metatrader7 View Post
    So many lines, show me which one is the best, cause I am not going to do every one of them by hand.
    ***
    If you draw enough lines, one of them would be right, what can be easier then a horizontal line.
    ***
    Could be a good idea for EA.
    ***
    For manual - forget it, unless you are a wanna be robot.
    What kind of fun is that?
    ***
    Otherwise Sounds more like a "bank hate" emotional system.
    making $$ is reason enough, why to hate anyone?
    Unless you are a psycho? and a spammer
    Everybody knows you loose when trading on greed and fear.

    This a new loosing breed - trading on hate.
    And I hate to tell you that, yeh, you got me
    Not sure I understand your point(s).
    IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT!


    You are on the internet - If you (google) search for it, you'll probably find it.

  9. #19

    Default

    very educational, Tro should teach kids in high school about the value of decimal system

  10. #20
    Junior Member
    Join Date
    Jun 2009
    Posts
    13

    Default

    Guys, again I say "trade the line" is not a trading system, it is a recipe for emptying your trading account. "TRO" has here presented you something that will empty your account.

    There's not doubt you can make a pip or two, or even three "at the line", but the problem is you need a system to trade, you need a stop loss, you need money management.

    That is why all TRO's threads eventually die, because nobody is actually able to make this work for more than a day.

    So whenever you see a post by "The Rumpled One" please just move on to the next thread, or you WILL lose money.

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