New home

If you don't know where to start, start here! Don't be afraid to ask questions.

Moderator: moderators

dieselboy101
rank: 50+ posts
rank: 50+ posts
Posts: 130
Joined: Fri Sep 18, 2009 12:20 am
Reputation: 0
Gender: None specified

Postby dieselboy101 » Fri Sep 18, 2009 8:00 pm

I cant "see" all the time, if I could I would be rich in 2 to 3 months lol. So I think its exactly the same as the BZ or trading horizontal lines Except the lines are completly random.. My reason for it is if you see pirce heading up, BUY!!! down? SELL!! Now if my buy line is 17 pips away, WHY would the market die down and turn around the second it touches my line? its got no idea where my line is. A lot of brokers and everyone else for that matter, know how to find support, resistance, pivot points, they know the incremented lines (00, 25, 50, 75.....). BUT they dont know about my random line!! So I feel a line within a decent area of price, when touched the market will continue going the same way...from 10 pips to 200 pips. Also most of the time market is ranging. Well eurusd normally dosent range 40 pips...most of the time its 10-15...So once it breaks it will trend. And I will be stealing all the booty from the banks.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
noone22
rank: 150+ posts
rank: 150+ posts
Posts: 390
Joined: Tue Aug 05, 2008 4:50 am
Reputation: 0
Gender: None specified

Postby noone22 » Sat Sep 19, 2009 11:45 am

So it's nothing to do with word "see".
It's more about word "guess".

But not only people don't know about your random line,
price also doesn't know about it.
And, as you've admitted yourself before - nobody
could predict the price direction.

So price could go either up or down (from your random line).
Actually, with equal probability of 50% - in the long term run.
In assumption, that your lines are really random.
And if you are not using anything else,
like chart patterns, candlesticks, indicators, momentum feel,
"six sence" or something else beyond - than you're not going to win.

Either you're not telling the full story or
you cannot describe, what are your actual criteria
for choosing this lines.
In fact, they're not random - you're choosing them
(plus minus several pips) - like BuyZone with 20 pips.
Excuse me, but this is not random.

Naked BuyZone itself (in my opinion) is nothing more
than tale, but your system seems to be even more
abstract and having no grounds undernith.

Prove, that I'm wrong or don't know something.

dieselboy101
rank: 50+ posts
rank: 50+ posts
Posts: 130
Joined: Fri Sep 18, 2009 12:20 am
Reputation: 0
Gender: None specified

Postby dieselboy101 » Sat Sep 19, 2009 1:16 pm

I wouldnt say "guess". Price can do whatever it wants while dancing inbetween two Random lines, but if it heads up to my buy line I can SEE price (not guess) going up and I trade in that direction. I plot 2 lines and trade them. you say 50% and 50%? I dont think so bro. If price is going up WHY would you sell? Because you see a "candlestick pattern"? At that point you are trying to call tops and bottoms. As TRO said "Go with the flow". These lines ARE random, but I may throw twists in. An example is only trading in one direction. I set two lines BUT I will only trade if it hits my buy line (rat style).

If price is NOT moving and I buy, there is your 50-50. If price IS moving up and touches my buy line, I believe its not 50-50 anymore. Something is driving price UP. Candlestick patterns? I have studied a little bit and I am still learning, but what are the odds of a candle stick showing a reversal EXACTLY at your line so that it goes against you the moment it touches you line? I dont know! maybe the odds are good? maybe not. There are thousands of increments on a chart. YOU are picking 2!!!!!!! They are not support levels that everyone knows about or anything else like that...

As far as being within 20 pips or so. I have a job so if I set my lines 167 pips away from open price CHANCES are I will have to go to work b4 I can trade. If I pull 20 cards out from a deck, face down, and say "pick any card you want". Its random. I pick my lines as random as I can WITHIN limits..I will not sit around for 5 hours waiting for a trade..well i would but I need to work lol

Last but not least brother. I NEED NOT prove anything to you. You can trade your way and I can trade mine. As far as I know TRO and Kreslik himself tested the regular BZ method everyway possible and proved it to be a winner. I may be wrong on that but I dont think so. Also: Do NOT expect me to do what you say. I bow down to no man, and next time please ASK that I prove you wrong. Dont just tell me to.

Peace bro,
Diesel

dieselboy101
rank: 50+ posts
rank: 50+ posts
Posts: 130
Joined: Fri Sep 18, 2009 12:20 am
Reputation: 0
Gender: None specified

Postby dieselboy101 » Sat Sep 19, 2009 1:23 pm

to noone- please know I wish not to offend you. All I ask is if you want me to do something just ask. Also what method(s) do you use to "drain banks"?

User avatar
noone22
rank: 150+ posts
rank: 150+ posts
Posts: 390
Joined: Tue Aug 05, 2008 4:50 am
Reputation: 0
Gender: None specified

Postby noone22 » Sun Sep 20, 2009 12:20 am

I'm not going into any discussions of validity or profitability
of any trading method.
I've understood, all what is required for me.

Keep in mind, that jongling with the words could confuse other
people. For example, you don't even know the definition
of the word random - but using it extensively - this was
the reason of my confusion (I did believe, that you're really using pure
random lines). In fact, they're very far from random.
And there is nothing magic, what you could see, but I don't
(I suppose the opposite), I was just asking the questions
from curiosity.

Just think about following example:
Let's say you're following your "pseudo-random" system
and placed a buy line. And you're right 100% (imagine
this just for example).
Another trader will place pure random line (again -
in strict accordance with your random system) to sell,
exactly at the same place, where your buy line is.
Possible - of course (at least - if follow your pseudo-system
exactly, without any other rules, which I unsucessfully was
trying to get from you).
As a result, you're always in win, but this fellow is
always in lost - what can you say now about the system?

What I'm trading - is a long story.
But yes - I'm trading many methods, BuyZone included.

But this is not just naked BuyZone,
it's BuyZone in conjuction with TRO (and other) indicators -
this combo seems to bring some profit.

Naked BuyZone (just BZ indicator and nothing else) -
is not profitable. I've spent 2 months playing, trading
and struggling with it and cannot make
it profitable.

But this discussion has nothing to do with BuyZone,
it's about random lines.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11397
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Sun Sep 20, 2009 1:12 am

It will be interesting to see how long you last on FF. Paradoxical will probably find you and call you TRO!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11397
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Sun Sep 20, 2009 1:14 am

noone22 wrote:Naked BuyZone (just BZ indicator and nothing else) -
is not profitable. I've spent 2 months playing, trading
and struggling with it and cannot make
it profitable.


You mean it is not profitable FOR YOU.

Big difference.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

dieselboy101
rank: 50+ posts
rank: 50+ posts
Posts: 130
Joined: Fri Sep 18, 2009 12:20 am
Reputation: 0
Gender: None specified

Postby dieselboy101 » Sun Sep 20, 2009 1:25 am

An honor to have TRO visit my topic. Howdy TRO. As for noone22 I understand you may not "see" my lines as random, but why if someone following (and its NOT my system) this stratedy put a sell line above the current price? Answer: They wouldnt. That goes against the stratedy lol. Price goes up? you buy. down? you sell.....a few hours later yes that buy line COULD become a sell line.. Anyway if you dont believe the naked buyzone is profitable, go talk to Kryptons aka Helmy Har. He is successful with 3 lines! open price, 10 pips up and 10 pips down. That IS bz. 2 years going strong for him! Also I trade with Helmy everynight on windows messenger. As TRO said. It may not work for you, but you cant vouch for everyone brother. I respect you for debating this. I love debating and I hope you continue to give me your 2 cents.

Much Respect,
Diesel.

P.S.- TRO, 3 days so far still allowed in there.....give it a month when the "trademark" takes up half the chart lol

dieselboy101
rank: 50+ posts
rank: 50+ posts
Posts: 130
Joined: Fri Sep 18, 2009 12:20 am
Reputation: 0
Gender: None specified

Postby dieselboy101 » Sun Sep 20, 2009 1:28 am

Oh yea..I STRONGLY believe you DO NOT need indicators to make the bz profitable.
STAY HUNGRY

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11397
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Sun Sep 20, 2009 1:43 am

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “beginners forum”