RBBM - Road to Success

Quoting aun.exe

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Hey UST! I have a question should we trade in stretch or wait for bounce if we trade for bounce then we will be doing short everytime? and as well it will be difficult to find position like one or two in a week!

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Quoting Gleam

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Hi, all I am eager to start working. Interesting what will give market this week..I didn't have the opportunity to come on LO.. but Started with Stretch Setup I hope.. will see {image}

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Quoting pinoytrader1

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Tuesday Model Stretch Setup {image}

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Quoting HazHazHaz

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{quote} Hi Gleam. This is how I see it for EU. Can the stretch setup ever be on Monday? Or must it start on Tuesdays only?{image}

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Quoting Gleam

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Hi, all I am eager to start working. Interesting what will give market this week..I didn't have the opportunity to come on LO.. but Started with Stretch Setup I hope.. will see {image}

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Quoting pinoytrader1

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{quote} result..... {image}

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Quoting UST

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{quote} You are focusing too much on Mondays and when a Cycle DOESNT move how its "supposed" to move. Instead of just looking at Pairs that do move how we want it to move. Also I have written that you should mostly ignore Mondays. Doesnt matter if it ended up moving more than it "should" or not... essentially the Cycles start at Tuesday. lets give an example outside of RBBM. Now lets say you looked for a Short Trade on EU today, but there wasnt any setup. Would you still try to take a Trade? Hopefully not. IF the Cycle isnt there, then there is...

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Quoting Gleam

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{quote} It can be on Monday I think too and continue till Wednesday or Thursday but..... wee do not trade on Monday and go fishing

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Quoting HazHazHaz

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{quote} If the cycle only starts on Tuesdays, and we are supposed to ignore Mondays, how did you know which direction the stretch setup goes to? Eg. Eurusd. I know we are not supposed to trade on Mondays, but do we also ignore the information there totally too? Asking questions for clarification only, still learning, please no hard feelings.

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Quoting HazHazHaz

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{quote} If the cycle only starts on Tuesdays, and we are supposed to ignore Mondays, how did you know which direction the stretch setup goes to? Eg. Eurusd. I know we are not supposed to trade on Mondays, but do we also ignore the information there totally too? Asking questions for clarification only, still learning, please no hard feelings.

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Quoting RiskFighter

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{quote} Ignore monday - it does not exist. The direction on tuesday is given from the break out of the asian market. Buy acording to the trend that is given. Make a trendline as the support and exit when the trendline is broken. Also look at other support and resistances on the chart.

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Quoting HazHazHaz

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{quote} Thanks RiskFighter! That clarifies that part! Just wanted to clarify as UST said that Monday is when the rubberband is at the "default phase" or not moving in a clear direction, but I see many pairs with big, one-sided moves. Do we avoid trading these pairs for the rest of the week as they don't follow the rubberband pattern?

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