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Everything posted by TheRumpledOne
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Inside bar trade paid off - twice
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HORIZONTAL LINES and H1 CANDLE COLOR. Like making fire with 2 sticks...LOL! Entry was 1.4725 Exit over 1.4750 SIMPLE
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The short at 1.4600 paid off for those in the TWO PERCENT CLUB PalTalk Chat Room just now.
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BIG BROTHER WANTS TO REDUCE FOREX LEVERAGE Retail Forex FINRA Requests Comment on Proposed Rule to Establish a Leverage Limitation for Retail Forex Comment Period Expires: February 20, 2009 Executive Summary FINRA is requesting comment on a proposed rule prohibiting any member firm from permitting a customer to: (1) initiate any forex position with a leverage ratio of greater than 1.5 to 1; and (2) withdraw money from an open forex position that would cause the leverage ratio for such position to be greater than 1.5 to 1. The text of proposed FINRA Rule 2380 (Leverage Limitation for Retail Forex) is set forth in Attachment A. Questions concerning this Notice should be directed to: Gary Goldsholle, Vice President and Associate General Counsel, Office of General Counsel (OGC), at (202) 728-8104; or Matthew E. Vitek, Counsel, OGC, at (202) 728-8156. Action Requested FINRA encourages all interested parties to comment on the proposal. Commentsmust be received by February 20, 2009. Emailing comments to pubcom@finra.org ======================================== Full text attached. EVERYONE MUST SEND AN EMAIL AND TELL BIG BROTHER TO BUTT OUT!!
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If you stop and think about it, an Inside Bar trade is a trade at a "randomly placed" horizontal line.
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You only need 1 or 2 trades a day. Trade when the market is active. Look at the chart... Notice when previous candle is NOT the same color as next candle, there are usually more pips to take. Notice what happens at the start of each market session, price usually makes a steady move in one direction. Be selective. You do NOT have to trade every hour.
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2009.02.04 TRADE FROM THE TWO PERCENT CLUB We just took the GBPUSD short from the 1.4525 PSYCHOLOGICAL PRICE. It was a BUZZARD REVERSAL too. Trade worth over 25 pips in less than an hour.
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DIBS trades still working.
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DIBS trade.
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Google: dragon tunnel forex
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Instruments only trading.
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TRO2009 InsideBar Stats shows how profitable the inside bar breakout trade is for the number of bars tested. The chart shows there were 6 profitable inside bar trades in the last 24 hours.
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INSIDE BAR TRADE FOR DUMMIES INDICATOR Many traders have been raking in the pips using the DIBS trades. Some traders like a little more action and want to trade every inside bar breakout. The INSIDE BAR TRADE FOR DUMMIES INDICATOR tells you when to get ready and what the short and long triggers are, it tells you when to go short or long and what the running P/L is.
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2009.01.06 WHERE ARE THEY NOW? Remember?
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Some nice Buzzard reversals this hour!!
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I enhanced the TRO MPMM DIBS TRADE indicator to show you the triggers in the GET READY message so you can have your LIMIT ORDERS standing by.
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DIBS looking profitable!
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Nice bounce.
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Come to my FREE PalTalk chatroom the TWO PERCENT CLUB.
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2008.12.29 DID YOU TRADE WHAT YOU SAW? Or did you trade what you thought?
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2008.12.18 ARE YOU TRADING WHAT YOU SEE? Or are you THINKING it can't go lower/higher?
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Welcome to 2009!!
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I ain't dead yet!!!!!!!!!!!!!!!!!