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DREBG DREBG is offline

Senior Member

My Badges

Badges Showcase - 13 Badges - 315 Points
Icon Image Description
Name: ITCM Trader - Level Two
This Badge is awarded to any trader who has maintained six months in which the running profits remained at 50% while placing a minimum of two trades per month. The Level I Badge is a pre-requisite to earning the Level II Badge.

IQ Score Bonus: + 30
Issue time: 10-09-2012 03:48 PM
Issue reason:
Name: Live Trader
A badge to members who meet either of the following criteria:

1. Have opened up a Live Learning Account, and have placed at least one trade
2. Are an ITCM Trader who have deposited at least $100 in their own fund.

IQ Score Bonus: + 30
Issue time: 10-09-2012 03:48 PM
Issue reason:
Name: Honoree of the Month
This badge is awarded to one member each month in recognition for outstanding contributions made during that month.

IQ Score Bonus: + 10
Issue time: 02-28-2012 12:04 PM
Issue reason:
Name: Prop Trader - Level One
The ITCM Level One Trader Badge is the introductory badge for those looking to trade a live fund and raise capital from the InformedTrades community.

Click here to learn how to acquire the ITCM Level One Trader Badge.

Level I Traders are entitled to trade up to 5% of the central bank assets, whose collective value determines the value of InformedPoints. Updates to InformedPoints are provided regularly via our Weekly Updates.

IQ Score Bonus: + 15
Issue time: 01-07-2012 07:46 PM
Issue reason:
Name: Purple Heart
Awarded to loyal community members who have blown up funds as IT Prop Traders, have learned their lesson, and have shared their experience with us here on InformedTrades.

Pre-requisite: Prop Trader Level One Badge

IQ Score Bonus: + 15
Issue time: 10-28-2011 05:34 PM
Issue reason:
Name: Code Contributor
This badge is awarded to any member who contributes an original piece of code, such as an MT4 script or an entire software application, to the InformedTrades community.

IQ Score Bonus: + 10
Issue time: 09-30-2011 04:08 PM
Issue reason:
Name: 3X Course Contributor
These individuals have made sizable contributions to at least three different courses here on InformedTrades.

IQ Score Bonus: + 30
Issue time: 08-26-2011 04:13 PM
Issue reason:
Name: Course Contributor
Awarded to any member who contributes an entire course, published originally on InformedTrades.com, to our community.

Members who have this badge implicitly have the Lesson badge as well, and are awarded accordingly.

IQ Score Bonus: + 50
Issue time: 12-08-2010 09:16 AM
Issue reason: For the course created out of a compilation of your blog posts.
Name: InformedTrades Heroes
This badge is awarded to members who have repeatedly gone above and beyond the call of duty in their service to the mission statement. To be eligible for this badge, members must have at least 1,000 posts, and must have repeatedly shared their knowledge and helped traders learn.

IQ Score Bonus: + 30
Issue time: 10-17-2010 09:45 AM
Issue reason: For all your contributions in helping us learn!
Name: Local
This badge is awarded to any member with a minimum of 50 combined blog and forum posts whose behavior is believed to be authentic. It is meant to signify a regular, familiar member of our community -- a local!

This badge comes with a prize of 10 InformedPoints.

IQ Score Bonus: + 5
Issue time: 09-12-2010 08:54 PM
Issue reason:
Name: Video Contributor
Awarded to InformedTrades members who publish a video on a video sharing site that helps traders learn and mentions InformedTrades (visual mention required). Or, for a video made by a member with at least three months membership that is acknowledged by another IT member with a contributor badge as being an outstanding video.

IQ Score Bonus: +10
Issue time: 04-07-2010 07:59 AM
Issue reason: For helping us learn and spreading IT via your EURJPY video!
Name: Trading Journal
The trading journal badge is awarded to any InformedTrades member who has diligently kept a journal, shown improvement over time, and helped us to learn in the process. The member must have a minimum of 100 combined forum and blog posts, as well as a minimum of six months time as a member.

IQ Score Bonus: + 50
Issue time: 12-22-2009 10:10 AM
Issue reason: For documenting your trades in a way that has helped us all learn. Thanks DREBG!
Name: Lesson Contributor
This award is given to any member who makes a contribution that is added to InformedTrades University. Useful links, as well as well-written articles and videos, are prime examples of contributions that can earn a member this badge.

IQ Score Bonus: + 10
Issue time: 09-15-2009 03:45 PM
Issue reason: For contributing a lesson to InformedTrades University.

About Me

  • About DREBG
    Location
    NH, USA

Visitor Messages

Showing Visitor Messages 1 to 10 of 11
  1. DREBG
    11-26-2012 08:47 AM - permalink
    DREBG
    Eager- Thanks for the note... Would you mind cutting and pasting the link to the page in questions?

    Everything I do is done in MT4... I use the typical Stoch Indie that comes with MT4 and simply modify it to my liking (parameters, colors, levels etc.)

    Same with Fibs- I use the standard one from MT4 but make a few alterations to the levels: In the "Level" column, I put in ".382" and next to it in the Description Column, I put "38.2 %$". This plots the 38.2% level AND puts in the corresponding price ON the line in the chart too. I do this for the 61.8, 78.6 and 88.6 levels as well.

    Extensions are merely estimates of where PA MAY be headed after a Fib retracement. Look for a 100%, 127%, and/or the all important 161.8% levels. If you can match these targets up with prior areas of support/resistance/congestion/Pivots etc. you're left with areas of confluence which are much higher probability trades.

    I'll try to put a vid up soon to go into more detail. Thanks and good luck!
  2. eagertolearn
    11-23-2012 10:12 PM - permalink
    eagertolearn
    hi DREBG sorry b4 I forgot can u oso tell me where to get the Fibonacci on that post too??and would u mind explaining what is Fibonacci retracement and extension all about as i'm quite new to forex but have been on demo on mt4 and I hope to have the same Fibonacci on ur post to my mt4 platform..waiting for ur reply...thks
  3. eagertolearn
    11-23-2012 09:56 PM - permalink
    eagertolearn
    hi DREBG could you kindly tell me where to get those stoch,divergence and macd indicator I see on ur post on 06-09-2009, 10:46 AM oand is it possible to get em on my mt4?thank you and pls kindly advise...eagertolearn
  4. Laurie4784
    08-09-2011 10:52 PM - permalink
    Laurie4784
    Hi
  5. Abhinav Asthana
    07-29-2011 01:25 PM - permalink
    Abhinav Asthana
    Did I just see "Chess" mentioned in your Interests?
    I gotta catch you someday for now you and I have two common interests, chess and trading
  6. badguylong
  7. DREBG
    03-12-2010 08:59 AM - permalink
    DREBG
    Dentist?? LOL! Where'd you get THAT idea?? I have a few as clients and they can HAVE that job! This'll be year 16 running my Financial Advisory Practice. It's been much better since the markets turned around- THAT'S for sure! Nice trading lately, BTW... I like the simplicity and can tell you I have made money in using your settups occasionally!
  8. larryfolson
    03-11-2010 04:31 PM - permalink
    larryfolson
    Dave, whats going on, hows your dentist practice going?
  9. CVD
    01-29-2010 02:26 PM - permalink
    CVD
    u still using skype lately?
  10. CVD
    01-28-2010 02:09 PM - permalink
    CVD
    Calling me out HEY!

Statistics

Total Posts
Visitor Messages
Blog - DREBG's Forex Blog
General Information
  • Last Activity: 06-17-2013 02:35 PM
  • Join Date: 07-31-2008
  • Referrals: 4

Friends

Showing Friends 1 to 10 of 30

Contact Info

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Gift Shop

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Post Thanks / Like

05-20-2013
01:49 PM - rmasto clicked Thanks for this post: forex strategy courses recommendations by DREBG
05-08-2013
10:36 AM - Simit Patel clicked Thanks for this post: Multiple market screening/following by DREBG
04-15-2013
08:29 PM - HoboTrader clicked Thanks for this post: I seriously think I have a gambling problem by DREBG
03:15 PM - Luke Myers clicked Thanks for this post: What is going on with the YEN ? by DREBG
06:21 AM - x3mtrading clicked Thanks for this post: what is the percentage probability of winning 10 consecutive trades in a row? by DREBG
04-12-2013
03:14 PM - TheRagsToRichesStory clicked Thanks for this post: Asking Why Price is Moving is a Bad Idea by DREBG
04-07-2013
04:25 PM - HoboTrader clicked Thanks for this post: I seriously think I have a gambling problem by DREBG
03-04-2013
01:24 PM - x3mtrading clicked Thanks for this post: Hello. I just joined this site. Looking for advice. by DREBG
09:47 AM - arturo2345 clicked Thanks for this post: Hello. I just joined this site. Looking for advice. by DREBG
03-03-2013
10:52 PM - HoboTrader clicked Thanks for this post: Hello. I just joined this site. Looking for advice. by DREBG
02-05-2013
12:42 PM - Anubhav1703 clicked Thanks for this post: Anyone buying GBP/NZD? by DREBG
10:43 AM - Anubhav1703 clicked Thanks for this post: Anyone buying GBP/NZD? by DREBG
02-02-2013
07:27 AM - Anubhav1703 clicked Thanks for this post: Anyone buying GBP/NZD? by DREBG
02-01-2013
08:19 AM - Anubhav1703 clicked Thanks for this post: My first LIVE trade. by DREBG
01-31-2013
10:02 AM - Anubhav1703 clicked Thanks for this post: Anyone buying GBP/NZD? by DREBG
12-17-2012
08:29 PM - HoboTrader clicked Thanks for this post: Close at a loss and taking a break by DREBG
08:29 PM - HoboTrader clicked Thanks for this post: Close at a loss and taking a break by DREBG
12-10-2012
03:37 PM - Simit Patel clicked Thanks for this post: Gotta do the time by DREBG
11:37 AM - clicked Thanks for this post: Trading Divergence by DREBG
12-08-2012
08:53 AM - Simit Patel clicked Thanks for this post: My journey in becoming a Funded Trader by DREBG

Blog

View DREBG's BlogRecent Entries
Latest Blog Entry

Posted 12-10-2012 at 12:19 PM by DREBG Comments 7
Here's a vid I created to help answer the many weekly emails/PM's I get asking some questions on my "system" and my "style" etc.

I've done these "soup-to-nuts" vids before but I don't get tired of making them as I feel they show the "real deal"... meaning, this is REALLY how "I" trade.

Anyway, in this vid, we review a short setup in the CHF/JPY pair from a bunch of screen shots taken back on 11/30/12 when I entered the trade.

In only 15 mins, it takes...

Posted 12-07-2012 at 07:55 AM by DREBG Comments 6
Posted in Uncategorized
A PERFECT Range-trade... Been playing this range ALL year long and here we go again...

Don't believe me? Put up a Weekly Chart and it'll be plain as day... and even clearer on a Monthly chart...

The best part: Even if it breaks "THIS" time, R:R is WELL worth it...

Posted 11-26-2012 at 10:21 AM by DREBG Comments 16
I saw PA "screaming away" from a relatively heavy demand area from the end of Oct.

This is a CLASSIC bread and butter, set-and-forget, S/D trade setup that if done properly AND CONSISTENTLY, it will turn a profit over time... guaranteed.

See, all the sellers from back in Oct. who held-on in the hopes of NOT banking a loss, are THRILLED to be getting the opportunity to exit their trades at B/E and this buying Demand from covering should drive PA back up.

...

Posted 11-13-2012 at 12:53 PM by DREBG Comments 3
Posted in Uncategorized
After banking profits 2 months ago and watching this pair go down little further, it is now time to begin Shorting the Yen once again.

The recent break of the May swing-high and the recent breach of a 3.5 yr long TL are very telling. Additionally, there are simply too many other indicators, both technical and fundamental, to mention (though I've posted many), in support of going long USD/JPY.

This chart is as simple as it gets, Folks:
A TL, some S/R lines,...

Posted 09-11-2012 at 09:12 AM by DREBG Comments 3
Posted in Just Trade!
I was reading a few articles online and playing around with some new ideas on TA yesterday morning and during a fairly boring conference call late yesterday afternoon, I decided to bring up a completely blank chart on a pair I rarely ever trade to see what "biases" or "automatic" things I do when conducting TA.

Start to finish, this analysis took me about 20-25mins. More then 1/2 that time was "labeling" etc. and had little to do w/ ACTUAL charting (I get pretty anal about that stuff!...
Recent Comments
Cool vid, Simit! Thx!...
Posted 02-19-2013 at 08:49 AM by DREBG DREBG is offline
here is a youtube video...
Posted 02-19-2013 at 07:47 AM by Simit Patel Simit Patel is online now
Quote:
Originally Posted by Luke Myers
I was looking at the
...
Posted 02-01-2013 at 03:49 PM by DREBG DREBG is offline
I was looking at the...
Posted 02-01-2013 at 10:39 AM by Luke Myers Luke Myers is offline
LOL! Well, thanks,...
Posted 12-18-2012 at 01:40 PM by DREBG DREBG is offline

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