2009.03.09 MASTER CANDLE

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TheRumpledOne
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Postby TheRumpledOne » Sun Apr 12, 2009 6:03 am

Image

Looking at the MASTER CANDLE and INSIDE BAR lines.
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.
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Postby bumblebee010169 » Sun Apr 12, 2009 7:17 pm

Hi TRO,

Great Indicator, I was thinking of asking if you would code this - but you have already done it! Thank you.

Request - any chance of a dashbaord for multipair master candle monitoring. Donational perhaps?

See you in the TwoPercentClub room
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Postby TheRumpledOne » Sun Apr 12, 2009 9:12 pm

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How about a multipairs DONATIONAL version?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby bumblebee010169 » Mon Apr 13, 2009 7:37 am

I got recent updates and the pip range mailer but haven't seen this multipair, what's it called? Or is it hot off the press and not yet mailed out? Great work TRO, thanks again.
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Postby TheRumpledOne » Mon Apr 13, 2009 10:16 am

Or is it hot off the press and not yet mailed out? YES.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby jasonckb » Tue Apr 14, 2009 1:44 am

Wanna share with you guys some idea.....Master candle means congestion area. May I say in this way.... the farther the last master candle, the more trending market it is. So maybe it is quite a good trending indicator.... and the distances between several master candles can also shows some hints about the strength of the trend :lol:
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Postby Humble » Tue Apr 14, 2009 2:19 am

Thanks jason.
Is price closing higher or lower than something? Simple yet powerful question. ..MO
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Postby jasonckb » Tue Apr 14, 2009 2:43 am

131.74-131.94 is the last master candle 37 hrs ago for EURJPY.....A very crucial zone to look at...... rebound or break down...it will be decent in either way. :twisted:
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Postby jasonckb » Tue Apr 14, 2009 10:25 am

EURJPY rebound nicely from 132.07 when it was near the congestion zone.
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Postby jasonckb » Tue Apr 14, 2009 1:41 pm

when it breaks 131.94-131.74, it went to 131.24; it is now being resisted by 131.74-131.94....... sems master candle to be quite useful for big ride.....
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