Thanks. I'll spend some time with it. I would love to get profitable using long time frames, because the "thrill" of scalping doesn't fit my personality very well.tmanbone wrote:
It takes a little study, or at least it did for me to grasp. I calculated off the weekly, as MO stated in the first few post of explanation, then zoomed in on the daily.
The Weekly Crash Zone
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- noushina
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Why? Because price just goes there almost every single time from either the high or low extreme:shock:
Does it mean that you set a TP and then sit and play(?) dumb? No.
If you do not know if you should hold for more pips or liquidate then the Crash Zone will help you decide; that is what it is there for.
Does it mean that you set a TP and then sit and play(?) dumb? No.
If you do not know if you should hold for more pips or liquidate then the Crash Zone will help you decide; that is what it is there for.
- noushina
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MightyOne wrote:noushina wrote:Hi MO.
I am not sure if I quite understand. Would you confirm or clarify please.
It is calculated using WEEKLY CANDLES
&
is used strictly on the WEEKLY CHART hence The Weekly Crash Zone.
&
no it does not have anything to do with entries.
Thank you. I'm more than a little dense sometimes.
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MightyOne may bitchslap me after I say this....
The Ruler of Six tool looks useful on smaller timeframes also.
I will keep it by my side for further testing.
On the Chart:
A and B at the 0 and 100 of the tool.
SELL is the 100 point when I move the tool to measure the potential.
The Ruler of Six tool looks useful on smaller timeframes also.
I will keep it by my side for further testing.
On the Chart:
A and B at the 0 and 100 of the tool.
SELL is the 100 point when I move the tool to measure the potential.
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Last edited by aliassmith on Wed Mar 17, 2010 2:02 pm, edited 1 time in total.
Trade Your Way as Long as It Makes Money!
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