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Thread: NEVER LOSE AGAIN!! - TheRumpledOne

  1. #41

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    Drain The Banks is still draining the banks.
    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. #42

    Default

    "By the way Tro, your own posts "All you need is horizontal line" rather suggest markets aren't random. Generally I agree with horizontal lines, but trading around even numbers is a too crude for me, although it does work not that effective though."

    Thanks for sharing your information, observations and ideas.

    I am not sure how you came to the conclusion that I do not believe markets are random.
    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.

  3. #43

    Default

    Quote Originally Posted by TheRumpledOne View Post
    "By the way Tro, your own posts "All you need is horizontal line" rather suggest markets aren't random. Generally I agree with horizontal lines, but trading around even numbers is a too crude for me, although it does work not that effective though."

    Thanks for sharing your information, observations and ideas.

    I am not sure how you came to the conclusion that I do not believe markets are random.
    Belief systems are for kids, professor
    I am talking reality.
    Last edited by Metatrader7; 09-03-2009 at 16:56.

  4. #44
    Junior Member
    Join Date
    Aug 2009
    Posts
    3

    Default

    Hi

    can someone tell me do I set my chart to 1 hour, have a bit of time today and will take a look at this

    cheers

  5. #45

    Default



    You really do NOT need any indicators.

    LONG ENTRY CRITERIA:

    1) RED CANDLE CLOSES

    2) GREEN CANDLE CLOSES

    3) PRICE TOUCHES HIGH OF PREVIOUS GREEN CANDLE - ENTER LONG.

    STOP LOSS IS ALWAYS 10 PIPS.

    TAKE PROFIT WHEN YOU CAN.




    Notice the numbers in the ClLo ( close - low ) column.

    Subtract 20 from the number.

    The result is the potential profit of the RAT REVERSAL trade off the daily low.

    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.

  6. #46
    Junior Member
    Join Date
    Oct 2009
    Posts
    1

    Default Suggest to change the title of your thread

    TRO,

    I think the correct title of your thread should be

    "Scalping Method WITH NO INDICATOR"

    Scalping is one of ways to trade forex.

    Swing trading is the popular way to trade forex and it usually needs indicators.

  7. #47
    Junior Member
    Join Date
    Oct 2010
    Posts
    2

    Default

    People you have to remember that all of these simple trading ideas, like horizontal lines, that TRO presents have to be judged in real time NOT in old historic charts. A static old chart cannot tell you how price moved, it just tells you the open high low close of a specific point in time. The people that moan about them are the ones who get their charts out, scroll back and say "rubbish". The ones that say "hey thanks TRO great idea" are the ones who have tried it properly.

  8. #48
    goldie.kyles
    Guest

    Default

    Quote Originally Posted by bigpipn View Post
    That gives me a headache just looking at it. It looks like a pinball machine.
    Agree with you completely. Even giving me a lot of headache.

  9. #49
    sabrinathomas
    Guest

    Default

    If you use trend indicator, so please always use bar charts, Bar chart signals often conflict and it is difficult to separate the trend from the surrounding 'noise'. Trend indicators attempt to provide an objective measure of the direction of the trend. Price data is smoothed and the trend is represented by a single line, as in the case of a moving average.

  10. #50
    kevinjones
    Guest

    Default

    An analytical, computer-based tool used to help currency traders with forex trading analysis by charting the price of various currency pairs along with various indicators. Forex charting software packages are used by many traders to determine the direction on any given currency pair.

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