Kreslik.com - traders community since 2006

Oh yes, and its useless if u blindly enter at any time on a tiny TF.

It HAS to be used with using other principles. Zoom out, and enter at off High Time Frame extremes.
You may say 'doh', but it very difficult to be that patient I dropped that indicator eventually.

To be more precise, you see on the screen it says in the white window- 'TRO SR RR 21' That sup/res shown are of the very last 21 bars. In your example this is what happened: 1)Price makes new high, new resistance = 1.52641 2) We count 21 bars BACK and Support= 52527 3) 2 minutes after: Resistance is...

Nice to see th thread is still alive... somehow...

Here are some thoughts

Ok, here goes. 3 versions.

Version 1 seems to be be the 'best' (just a gut feel)

Version 2 so so
Version 3 the worst.


MO, if you would comment and approve at least one of them (version 1?) then I'd add X-Y-X-Y and other analysis.

Cheers.

FxT.

Im quite happy with the information about 1) the importance of Higher TFs and long term trading 2) Hedging, demanding better price and liquidating at extremes. 3) ZLs MZs etc... ---------------- But the Spatial Recomposition.... 1) In Basic terms, the point of combining candles (into 3), is it to ke...

Hello MO, Just taking full advantage of your consent about replying to questions until April 10th. WIll not ask for spoon feeding. Will give as much thoughts as pos. and then ask for some missing pieces of the puzzle. Any comments will be greatly appreciated as always. ------------------------------...

I think I am about done shorting the GBPUSD FxTravaller. After this month I will probably be done trading until December or maybe even next year so I can live a little. [imgjavascript:emoticon(':)')]http://i39.tinypic.com/32ztmj7.gif[/img] Ah, just the news to hear first thing I wake up :( :( :oops...

Statistics statistics.... after so many consecutive candles a RAT, candle colour or whatever could do. But im off to sleep.

Good luck to all.

FxT

I wanted a bear body in direction of profit on at least M15/30, and candle closing beyond (below) a preceding candle's Low (extreme).

MO, repeating to myself that we need a body in the direction of profit after a wick in direction of loss saved me money on GU tonight.

I did not jump in in anticipation.

Thank you once more.

FxT.