Never Lose Again!! TheRumpledOne

[TheRumpledOne 14]

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!!

[BlowFish 10]

1.5 : 1 is ridiculous but then again so is 200:1 and upwards. I guess it is to prevent people blowing up in 1 trade. Actually if you don't have an 'edge' you are likely to do better on a single punt before probability erodes your capital. Another story.

[TheRumpledOne 14]

 

The short at 1.4600 paid off for those in the TWO PERCENT CLUB PalTalk Chat Room just now.

[TheRumpledOne 14]

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[TheRumpledOne 14]

 

HORIZONTAL LINES and H1 CANDLE COLOR.

 

Like making fire with 2 sticks...LOL!

 

Entry was 1.4725

 

Exit over 1.4750

 

SIMPLE

[TheRumpledOne 14]

Inside bar trade paid off - twice

 

[TheRumpledOne 14]

[fitzkie 10]

What software are you using for those graphs?

[BlowFish 10]

Pretty sure thats MetaTrader 4 from MetaQuotes, a popular platform with the FX bucket shops. It's pretty neat for charting but pants for trading.

[TheRumpledOne 14]

[lynx23 10]

TRO

 

Thanks for posting your info. What do you mean by

 

H1 Candle

D1 Candle

M1 Candle

 

Are these forex terms? I've never traded forex, just stocks and futures.

 

Thanks!

[TheRumpledOne 14]

 

 

Just do what the latest version of TRO_DYNAMIC_FIBS_SR_Trail tells you to do and you'll be DRAINING THE BANKS.

 

The code is in the NO MERCY! thread.

[TheRumpledOne 14]

The charts are all MT4.

[chamane 10]

Hi,

 

I am following your posts with great interest all over the Web. I am trading your 00-25-50-75 line strategy. I would like to know a few things:

 

- in the attached picture, what would you do? Price is stalling at 1.3450 and is going up and down around it. It crossed the line down so I entered, but then reversed and was showing blue candle, so I figured that it might go up since it is a fourth candle (after three red in a row) and I thought that I should go with probabilities. So I reentered long, but then it went downwards and had to go out, now price is at 1.3416! So I lost 25 pips in the whole process. As you can see in the 5min chart, it's whipsawing. The situation was not clear to me. Actually, I entered a little late afeter price had crossed the line and reached around 10 pips before going up to 1.3446. I thought it was still time to enter the trade short because the candle was still red.

 

- is there one place where we can download ALL your indicators? I keep Googling, but some are hard to find, like your count bar dashboard.

 

Thanks.

 

Chamane

[chamane 10]

Here's another setup. I entered long on GBP/USD at 1.4775. Like you say: "See green candle (was green on line). See green candle at horizontal line 1.4775. Go long at 1.4775. See profit".

 

All I was able to see was price turning around to go and hit my stop loss 20 pips down. Right after I entered long. It's like somebody doesn't want me to be successful with this... I need some advice.

 

Thanks

 

Chamane

[snag 10]

chamane

put on chart moving average 4,9,21,55 it will tel you if you have to sell or buy,trade with no money for month or what it take to making profit on paper,then you can start real money,vrite dovn plan when you enter whot is your risk and exit falow the plan no second ges,if you vonet change trade to end day then write new plan and next day start new plan,if you do not have plan than you have to make one.

 

snag

[TheRumpledOne 14]

Not every single trade will be a winner but over the long run, you will win.

 

 

Download and listen to Mark Douglas

 

http://www.4shared.com/dir/6465636/9a01d279/sharing.html

[TheRumpledOne 14]

 

Here's a simple method that if you apply it properly ( and don't load up the charts with SQUIGGLY'S ), will enable you to NEVER LOSE AGAIN!

 

1) Only trade if there is a 1, 2 or 3 semafor on the current or previous H1 candle. NO EXCEPTIONS.

 

2) After you see the semafor on the H1 chart, look at the M15 chart for the long(light blue) and short(pink) triggers based on TRO DYNAMIC FIBS SR TRAIL indicator.

 

3) When price touches the trigger you enter. DON'T THINK, JUST ACT!

 

4) Only ONE TRADE PER M15 CANDLE. If price goes against you, just wait.

 

5) If price went against you and makes a new dynamic sup/res level, get ready to enter at the trigger. If you can't see how this work, then DO NOT TRADE IT. I have entered up to 3 times.

 

6) What's the STOP LOSS? The stop loss is your maximum allowed loss per trade based on your money management.

 

7) What's the TAKE PROFIT? You take what you can. I usually take 5+ pips and leave more on the table.

 

Try this method using a micro lot or 0.1 mini lot. Trade it this way until you feel comfortable and are profitable on a consistent basis. Just trade it, AS IS, and don't add anything to it to improve it. You'll be amazed at how profitable a simple method can be.

[Frankiec1958 10]

Where are the TRO Dashboard bar count and TRO MPMM exits indicators to download they are not in the "never lose again" zip file

[TheRumpledOne 14]

 

1) Only trade if there is a 1, 2 or 3 semafor on the current or previous H1 candle. NO EXCEPTIONS.

 

SINCE THE PREVIOUS H1 CANDLE HAS A SEMAFOR - GBPUSD IS IN PLAY.

 

 

2) After you see the semafor on the H1 chart, look at the M15 chart for the long(light blue) and short(pink) triggers based on TRO DYNAMIC FIBS SR TRAIL indicator.

 

 

 

3) When price touches the trigger you enter. DON'T THINK, JUST ACT!

 

4) Only ONE TRADE PER M15 CANDLE. If price goes against you, just wait.

 

5) If price went against you and makes a new dynamic sup/res level, get ready to enter at the trigger. If you can't see how this work, then DO NOT TRADE IT. I have entered up to 3 times.

 

 

 

6) What's the STOP LOSS? The stop loss is your maximum allowed loss per trade based on your money management.

 

7) What's the TAKE PROFIT? You take what you can. I usually take 5+ pips and leave more on the table.

 

 

Try this method using a micro lot or 0.1 mini lot. Trade it this way until you feel comfortable and are profitable on a consistent basis. Just trade it, AS IS, and don't add anything to it to improve it. You'll be amazed at how profitable a simple method can be.

 

 

YOU DON'T HAVE TO SWITCH TO M5, YOU CAN USE THE TRO MULTIMETER CANDLE COLOR.

 

BUT ONE MUST DO IS TRADE WITH THE PRICE DIRECTION AT THE TIME. IF D1 AND H1 ARE GREEN BUT PRICE IS GOING DOWN THEN YOU SHOULD BE SHORT. JUST BE CAREFUL.

[TheRumpledOne 14]

Where are the TRO Dashboard bar count and TRO MPMM exits indicators to download they are not in the "never lose again" zip file

 

Those are "donational" indicators.

[TheRumpledOne 14]

2009.04.21 TRO MULTIMETER BB TREND

 

 

 

Someone sent me THIS and I created the TRO MULTIMETER BB TREND indicator.

[TheRumpledOne 14]

[TheRumpledOne 14]

[JBWTrader 10]

But Tro if you all go down to Mexico you will all die from Swine Flu mate...!!

Wear a mask at least , just like real pirates !!

Or change the venue and go to Somalia....they have real pirates there also it seems...!!

Good luck !

Best

john