NEVER LOSE AGAIN!! TheRumpledOne

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Old Oct 30, 2008, 7:15pm   #17
 
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TheRumpledOne started this thread If you had a system that didn't give an entry signal all day, would you scrap it?


THINK ABOUT IT!

TO BE CONTINUED...
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Old Oct 31, 2008, 8:34pm   #18
 
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TheRumpledOne started this thread Click the image to open in full size.

M15 chart.

Look at the stats.

Using Dragon's Money Management and trading the reversals after 3 or more in a row, tell me HOW CAN YOU LOSE?
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Old Oct 31, 2008, 10:05pm   #19
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Originally Posted by TheRumpledOne View Post
Click the image to open in full size.

SEE, you don't need indicators to take money from the banks.
Loving these posts but could you explain this please?

Cheers,
Steve.
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Old Nov 1, 2008, 12:14am   #20
 
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TheRumpledOne started this thread Explain?

If candle approaches it's first line since turning green, GO LONG.

If candle approaches it's first line since turning red, GO SHORT.

Can you SEE how much money you can make with this simple strategy?
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Old Nov 1, 2008, 9:18am   #21
 
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what do you mean by "first line" ? and how do you calculate that?
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Old Nov 1, 2008, 8:42pm   #22
 
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TheRumpledOne started this thread Look at the current candle.

It opened between 1.6400 and 1.6375.

Price started to drop and the candle was RED at the FIRST line ( 1.6375 ) so you enter SHORT at 1.6375.

If you wait until 1.6350, YOU ARE TOO LATE, YOU MISSED THE BOAT, THE SHIP HAS SAILED!!

Simple.
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Old Nov 1, 2008, 8:51pm   #23
 
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Cool :-)))

Ok.. so every 25 pips

How do you make those lines appear? Is that a program or a simply a setting?
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Old Nov 1, 2008, 11:09pm   #24
 
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will need to check how this pans out in real-time... its easy looking at past 1 hour charts but was just "back-testing" by opening one window of 1hr and another window with a 1 minute chart...
absolute chaos.
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