Attachments: RBBM - Road to Success

RBBM - Road to Success

#121
Apr 3, 2024 5:32pm Apr 3, 2024 5:32pm

Merka
Joined Jan 2016 | Status: Trader | 2,062 Posts

@UST
What do you think about AUDJPY?
On Wednesday we just had an upward stretch to 150%ADR.
Based on model we should get another stretch to upward before Friday decline.
Correct?

#122
Apr 3, 2024 9:45pm Apr 3, 2024 9:45pm

BDfx77
| Joined Apr 2019 | Status: Trader | 653 Posts

hi ust,
if tuesday and Wednesday, both days stretched, what we expect on Thursday and friday

#123
Apr 3, 2024 9:56pm Apr 3, 2024 9:56pm

ravians
| Joined May 2014 | Status: Trader | 48 Posts

hi UST. What is with this Asian session range? I could not see any clear direction from you in your posts about it but I see everyone is drawing them. Is it possible that you write one detailed post about what to watch specially on Wed and Thu? I mean maybe its just me but the system is like a riddle so far and I am trying to make sense out of it. Please do not reply with 'read post 1' or something. I have read that 20 times already. Please see if it is possible to make a detailed post about how to operate with this system. Otherwise disregard my post .. no hard feelings.

#124
Apr 3, 2024 11:18pm Apr 3, 2024 11:18pm

Gleam
Joined Mar 2016 | Status: Trader | 502 Posts

Quoting Gleam

Disliked

{quote} The news pushed to the right side...will hold up to NY closed.. {image} {image}

Ignored

Strategy works by me ... Everyone has to find their own point entry... a good example of a person's post No 78 RiskFighter
Respect UST and RiskFighter

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#125
Apr 4, 2024 12:05am Apr 4, 2024 12:05am

BDfx77
| Joined Apr 2019 | Status: Trader | 653 Posts

Quoting Gleam

Disliked

{quote} Strategy works by me ... Everyone has to find their own point entry... a good example of a person's post No 78 RiskFighter Respect UST and RiskFighter {image} {image}

Ignored

ok, could you please clear if you don't mind, as your usdchf pair, monday didn’t follow default phase then why you consider it a pair to trade on Wednesday? and what is your entry criteria for Wednesday, is it asian session brackout or any other Things?

#126
Apr 4, 2024 12:16am Apr 4, 2024 12:16am

Sesamstrasse
Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts

Quoting UST

Disliked

EUR/JPY - What do you see? {image}

Ignored

Strong momentum, single direction, no pullbacks.

Risiko birgt immer auch die Chance.

#127
Edited 12:41am Apr 4, 2024 12:27am | Edited 12:41am

Gleam
Joined Mar 2016 | Status: Trader | 502 Posts

Quoting BDfx77

Disliked

{quote} ok, could you please clear if you don't mind, as your usdchf pair, monday didn’t follow default phase then why you consider it a pair to trade on Wednesday? and what is your entry criteria for Wednesday, is it asian session brackout or any other Things?

Ignored

Not always the markets will move exactly as you want... focus on the last strong movements and draw conclusions... look again at the given UST pictures on the first page..

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#128
Apr 4, 2024 1:08am Apr 4, 2024 1:08am

UST
Joined Feb 2024 | Status: Trader | 180 Posts

Quoting Gleam

Disliked

{quote} Not always the markets will move exactly as you want... focus on the last strong movements and draw conclusions... look again at the given UST pictures on the first page.. {image}

Ignored

Couldn't have explained it better.

The subconscious mind is in control, not the conscious mind.

#129
Apr 4, 2024 2:33am Apr 4, 2024 2:33am

pinoytrader1
| Joined Jul 2015 | Status: Trader | 37 Posts

Thursday Bounce Continuation Setup..

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#130
Apr 4, 2024 2:53am Apr 4, 2024 2:53am

BDfx77
| Joined Apr 2019 | Status: Trader | 653 Posts

Wednesday's stretch still running on gbpjpy, waiting for sell setup

#131
Apr 4, 2024 7:59am Apr 4, 2024 7:59am

UST
Joined Feb 2024 | Status: Trader | 180 Posts

Quoting ravians

Disliked

hi UST. What is with this Asian session range? I could not see any clear direction from you in your posts about it but I see everyone is drawing them. Is it possible that you write one detailed post about what to watch specially on Wed and Thu? I mean maybe its just me but the system is like a riddle so far and I am trying to make sense out of it. Please do not reply with 'read post 1' or something. I have read that 20 times already. Please see if it is possible to make a detailed post about how to operate with this system. Otherwise disregard my...

Ignored

For the Asian Range explaination - Visit RBBM - Road to Success | Page 3 | Forex Factory Post 54

Wedesdays I look for a Reversal after it streched and broke the Asian Range..
Tuesday I look for a continuation of Wednesdays Reversal

in very simple Terms...

Try to visualize a Rubberband and imagine how the band stretches.. at some point the Band will reach its limit and bounces back, thats the part that I mostly Trade.
You can also Trade the stretch itself.. I just personally dont do it often, because my brain works better for Reversals.

Summary of Weekly Blueprint:

Phase 1 - Default Phase (Rubberband Relaxed): At the beginning of the week, the market behaves like a relaxed rubber band, absorbing weekend news and events. Price action is chaotic and directionless, making it wise to refrain from trading to avoid unpredictable movements.

Phase 1.5 - Setup Stretch Phase (Rubberband Initial Stretch): Following the Default Phase, the market gradually extends in one direction without major pullbacks. This phase serves as a warm-up, indicating potential movement before significant shifts occur.

Phase 2 - Stretched Phase (SP) (Rubberband Fully Stretched): Midweek, the market reaches its maximum extension, resembling a fully stretched rubber band. While opportunities abound, traders must be cautious as resistance increases, signaling a potential reversal.

Phase 3 - Bounce Phase (Rubberband Release and Rebound): After the Stretched Phase, the rubber band is released, leading to a bounce or reversal in the opposite direction. Thursdays focus on continuation trades from Wednesday's bounce, while Fridays aim to identify bounce setups to conclude the week.

The subconscious mind is in control, not the conscious mind.

#132
Apr 4, 2024 8:24am Apr 4, 2024 8:24am

UST
Joined Feb 2024 | Status: Trader | 180 Posts

Quoting pinoytrader1

Disliked

Thursday Bounce Continuation Setup.. {image}

Ignored

Good Catch!

I am not sure if your Stop got hit there, but thats the perfect Trade to take based on RBBM!

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Dont be afraid to post Trades.... THIS IS NOT A "100%" WINRATE BULLCRAP MODEL.
YOU WILL TAKE LOSSES, I WILL TAKE LOSSES. AS LONG YOU FOLLOW THE PLAN, A LOSS IS A BUSINESS EXPENSE. NOTHING MORE.

IF ANYONE JUDGES SOMEONE BY POSTING A LIVE TRADE WHICH ENDS UP BEING A LOSS, THEN YOU ARE NOT A TRADER, BUT AN IDIOT.

The subconscious mind is in control, not the conscious mind.

#133
Apr 4, 2024 8:34am Apr 4, 2024 8:34am

UST
Joined Feb 2024 | Status: Trader | 180 Posts

Quoting UST

Disliked

How to Trade the extention Phase (1.5) We're in what we call the default Phase right now, which basically means we're not making any trades. Yeah, I know it can be tough to resist the urge, especially when Mondays roll around. Some Mondays, like today, things seem to be all over the place, while others are as quiet as a mouse. That's why we steer clear of trading on Mondays. They're just not reliable. Now, for a lot of traders, this can be a real challenge. They'll see those big swings and think, "Man, if I had just made a trade today, I would've...

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