Milk the Cow, TRO_Dynamic_SR3.efs and buy zone question

eSignal indicators

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Razor
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Milk the Cow, TRO_Dynamic_SR3.efs and buy zone question

Postby Razor » Wed May 09, 2007 2:12 pm

Hi,

I have spent a good few hours last night and this morning reading through the site. I have mainly focused my research on milking the cow via Buy Zone gap play and using the dynamic support resistance dots to help stay out of poor buy zone trades.

Couple of quick questions:

For the TRO_Dynamic_SR3.efs is this the one I want to be using to give me the proper SR dots for esig and trading buy zone strategy ?

There are blue dots, red dots and gold dots along with some purple lines etc drawn by the SR3.efs. Do I only decline a buy zone trade if I see a blue or red dot in the way or should I be looking out for the gold dots and purple lines as well ?

When trading a buy zone trade is the idea to go for an initial 1/1 r/r on the trade looking for a high win rate of 70% or so over time or better to go for 2/1 r/r with an accepted knowledge that the win rate will be less than 70% ?

Thanks for the help ! :D

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Postby TheRumpledOne » Wed May 09, 2007 2:35 pm

Use TRO_Dynamic_FibsSR2 for eSignal.

If you see a red or blue dot blocking the path in the zone, it's better to let someone else "push" the dot out of the zone.

A 1/1 r/r should keep you in the green.

As you trade ONE instrument, you'll get a better feel for how to trade it. Stick with ONE stock, future, or currency for at least a MONTH.
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.

Razor
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Postby Razor » Wed May 09, 2007 6:32 pm

Cheers :D

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