DRAIN THE BANKS!! - TheRumpledOne

[manpower]

thanks,tpi bkn ni indicator nya. rasenye indicator nya adalah ni

TRO2009_MP_HLC and TRO2009_MP_HLC_MAX.

MP = multipairs

we need to donate if we wish to have it.

kena donat ke?satu lagi ada jgk dgn aku tajuk indi tu drainks the bank.siap ada template lg

 

[TheRumpledOne]

1) price within 20 pips of the daily low - that is OPPORTUNITY

 

[TheRumpledOne]

RESULTS.

1) price within 20 pips of the daily low - that is OPPORTUNITY

2) red candle closes

3) green candle closes - note the high price of the green candle.

4) enter long at the green candle's high price

5) STOP LOSS IS 10 PIPS

6) Take whatever profit you can.

"The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."

 

[TheRumpledOne]

1) price within 20 pips of the daily low - that is OPPORTUNITY

“Now, 2 patterns of market behavior happen on a regular basis:

1) the price breaks to new high's (or low's)

2) the price reverses from new high's (or low's)

They happen regardless of time frame (with the obvious limitations explained above)

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist.” - H. Rearden

 

[TheRumpledOne]

RESULTS.

1) price within 20 pips of the daily low - that is OPPORTUNITY

2) red candle closes

3) green candle closes - note the high price of the green candle.

4) enter long at the green candle's high price

5) STOP LOSS IS 10 PIPS

6) Take whatever profit you can.

"The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."

 

[naa_zaa01]

RESULTS.

1) price within 20 pips of the daily low - that is OPPORTUNITY

2) red candle closes

3) green candle closes - note the high price of the green candle.

4) enter long at the green candle's high price

5) STOP LOSS IS 10 PIPS

6) Take whatever profit you can.
"The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."

Greeting bro RumpledOne.You always posting same thing.Hope to desribe more detail.price within 20 pips of the daily low.So very basicly.I can test it at every H1 candle and M5 candle.When you see already complete candle,technically you can counting what happend before.But critical is when already finish a candle so..what up for next step? Bull or Bear?How you filter the candlestick SHADOW?place stoploss??? For GJ if we place 10pips stoploss from previous close price or shadow candlestick it's look like eat peanut!Zuppp ..hit and clear..you do it 10 time X 10 pips average you can loss 100 pips..how to entry?From close price candlestick before or from candlestick shadow current candlestick or what?

Mind to keep sharing here..thanks..

 

[TheRumpledOne]

Greeting bro RumpledOne.You always posting same thing.Hope to desribe more detail.price within 20 pips of the daily low.So very basicly.I can test it at every H1 candle and M5 candle.When you see already complete candle,technically you can counting what happend before.But critical is when already finish a candle so..what up for next step? Bull or Bear?How you filter the candlestick SHADOW?place stoploss??? For GJ if we place 10pips stoploss from previous close price or shadow candlestick it's look like eat peanut!Zuppp ..hit and clear..you do it 10 time X 10 pips average you can loss 100 pips..how to entry?From close price candlestick before or from candlestick shadow current candlestick or what?

Mind to keep sharing here..thanks..

I keep posting the same thing because it works.

You are thinking too hard. Keep it up and you'll wind up becoming a Yale Student.

GBBJPY requires different settings.

 

[naa_zaa01]

I keep posting the same thing because it works.

You are thinking too hard. Keep it up and you'll wind up becoming a Yale Student.

GBBJPY requires different settings.

I already do a stategy tester at tfm5 and tfh1.Naked candle no indi.Example,now already complete bear candle 1 at tfh1.So from close candle 1,i see the direction price is going up for candle 2.So i wait for 20 pips move up..When already 20pips i go long..After that price reverse and make a shadow at upside,touching close price at candle 1 and continue down after that..so result is candle 1 bear,candle 2 still bear.How to filter this..or i missunderstanding your methode?

OR you mean every close daily candle when start candle 0000 remark or place a horizontal line from previous close daily candle.Then when start new daily candle we see price action from close price previous candle.It's up 20 pips from close price previous daily candle we go long and vice versa?

So how many entry can i make per day.Or just take 20pips with bigger lot size x 1 entry per day..and relax.. did you do like that sir?..please advice...thanks.

 

[TheRumpledOne]

“Now, 2 patterns of market behavior happen on a regular basis:

1) the price breaks to new high's (or low's)

2) the price reverses from new high's (or low's)

They happen regardless of time frame (with the obvious limitations explained above)

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist.” - H. Rearden


1) price within 20 pips of the daily low - that is OPPORTUNITY

2) red candle closes

3) green candle closes - note the high price of the green candle.

4) enter long at the green candle's high price

5) STOP LOSS IS 10 PIPS

6) Take whatever profit you can.

"The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."

 

[TheRumpledOne]

RESULTS.