Kreslik.com - traders community since 2006

I think (at least) Part 4 should be of interest to many. Follow the link:

http://www.bjmath.com/bjmath/thorp/tog.htm

OK, buzzard reverse on AUDUSD, 10 pips in the pocket!

TheRumpledOne wrote:See the PRICE LINE?

LOOK TO THE LEFT...

DO YOU SEE THE PRICE LINE AT PREVIOUS HIGHS AND/OR LOWS? What's that tell you?

Price is rising from the previous low, which is the lowest in 14 years, and is very near to a previous low in 2005. Also price is in the lower middle of the chart.

AUDNZD... its going up, I would go long...

... well actually I have no clue....

TheRumpledOne wrote:ptejerina:

You can use the chart shift to move the bars out of the gauges.

TRO: I feel more confortable with a chart like that with at least some lines on it. It helps to tell something more about the position of price...

I seem to SEE more with a little more information on the screen...

I'm glad my losing trade helped prove a point

Just like the person above who entered this trade http://kreslik.com/forums/viewtopic.php?p=12847#12847 - may not understand the ways that fibs and waves work ( ps your entry for this short trade was probably closer to 1.2675 - for a quick scalp - it looked like you were entering in the middle of a...

TRO, Yes, you're right. Like I said in my post, I saw the 1-2-3 afterwards, and was looking to trade the psychological line. I'm just beginning to train my eyes! I'll get there! Winny, Yes, the stoploss may be big, but I'm papertrading to see what an optimal stoploss should be based on statistics of...