Kreslik.com - traders community since 2006

I can post charts but they really aren't necessary. At 7pm EST a new daily bar is started. So you look at the previous 2 days and follow the reversal rules. green red sell at low, red green buy at high. 50 pip TP 100 pip SL. I've been working on finding a way to maximize profits a little more, but ...

I can post charts but they really aren't necessary. At 7pm EST a new daily bar is started. So you look at the previous 2 days and follow the reversal rules. green red sell at low, red green buy at high. 50 pip TP 100 pip SL. I've been working on finding a way to maximize profits a little more, but h...

wow this thread exploded! I just wanted to post my results: I have been trading DTB RAT reverse on daily chart for 2 weeks. On a 10k demo account using 1.0 lots, I have made 8.5k and had very few losses. I left a LOT of profit on the table in favor of consistent profitability. Thanks TRO, I have tak...

TheRumpledOne wrote:
Now give D1 a try...LOL!!

As a matter of fact, I have!

320 pips on 2 nights and it takes less than 10 minutes to place my trades at 7pm EST. This will now be my preferred method.

50 pip TP
100 pip SL

Will go live on Sunday!

http://i229.photobucket.com/albums/ee13/zulemara/RSG.png In this shot, we are within 20 pips of the high, but the last setup for a trade was 4 candles ago. Why is RAT REVERSE being activated showing R S G? Wouldn't the current bar need to close as red and then you would have to go short at the low ...

http://i229.photobucket.com/albums/ee13/zulemara/RSG.png In this shot, we are within 20 pips of the high, but the last setup for a trade was 4 candles ago. Why is RAT REVERSE being activated showing R S G? Wouldn't the current bar need to close as red and then you would have to go short at the low ...

well that is one area I think many might disagree with you on, but that's neither here nor there. I use it as an additional filter to figure out if I want the trade or not. Based on my testing tonight, with almost a 100% success rate, I have proven that if you follow the rules I previously posted an...

yes, I trade the 1hr chart. Takes longer for setup, but rewards are greater AND I don't have to sit here constantly watching.

This is what I came up with, along with some examples: ok point 1.   http://i229.photobucket.com/albums/ee13/zulemara/Forex/Picture1.png in this picture, you see a 3 semaphore on a red candle. You then see a closed green candle and the you see the current candle so you have 3 criteria, 1. you're wit...

I was saying I don't always trade away from the sema. If a high 3 sema forms and the price then retraces, then I get a red green candle setup, I will place a pending buy towards the sema. I have had second breakouts occur, forming a new high and a new sema. Lots of pips on those. I will also do the ...