Kreslik.com - traders community since 2006

Oh man, I feel great. From the discussion at BP I have made a formula to express which TF is king. The discussion is here : http://forums.babypips.com/free-forex-trading-systems/42052-what-really-turned-my-trading-around-104.html#post375017 if you anyone wants to read what has been said so far, (pag...

PebbleTrader wrote:You should consider learning / trading FX

I would like to get into forex, and I am dabbling right now, but the whole forex broker/dealer messing with your trades really scares me right now.

I just have to do alot more research before I can throw money on the line w/ currencies.

Posted: Today at 7:00 am  Post subject:  (No subject) I think I better take a step back here and explain how I see statistics and their use.... 1st (LEVEL 1).............How is a "dry (decisionless)" casino game run? (I'll make a simple new game) -you try to guess the outcome of a dice ro...

This should answer your question... 1) price within 20 pips of the daily low - that is OPPORTUNITY 2) red candle closes 3) green candle closes - note the high price of the green candle. 4) enter long at the green candle's high price 5) STOP LOSS IS 10 PIPS 6) Take whatever profit you can. 7) If the...

FYI, I started this thread to get my ideas out and on paper, and hopefully it will force me to make reasonable conclusions that I otherwise would not be forced to make, and if anyone cares to add anything, thats just a bonus for me Anyway, the 5:1 dice roll can be looked at as risk, while the 4:1 pa...

Looking at the rat reversal, lots of times people ask specific questions about what to do, but I think the more important part of things is to understand why the strategy works, and the rest will explain itself. Anyway from my reading I understand that one is trying to catch a price retracement from...

EDIT: sorry pebbles didnt see you already responded before posting this one, I guess I was right about what a ZL was HERE is another one that I may have spotted in progress: http://i47.tinypic.com/25p6ame.png Looks like a ZL, no? Seems to be working now, seems to easy, can life be this simple? http...

ok so it doesnt necessarily need to be a breakout or anything, just profit still on the table, no matter where it came from. Gotcha, thanks bro, time to go make some buck EDIT: An interesting thing I just thought of, technically once you spotted the ZL and took profit from those who still had it on ...

EDIT: sorry pebbles didnt see you already responded before posting this one, I guess I was right about what a ZL was

HERE is another one that I may have spotted in progress:



Looks like a ZL, no?

ok, I'm n ot sure which threads are still active, and which threads are going to be dead, so I'll try to just get a few basic things straight in this thread about the ZL. It seems to me that the basic theory of ZL goes like this: 1. A range breakout occurs 2. People caught the breakout and are holdi...