2009.03.17 TRO - NEVER LOSE AGAIN!!

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ewtrader33
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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby ewtrader33 » Sun Mar 22, 2015 10:51 pm

Hey TRO-

Thanks for posting the support and resistance, its been a huge help as I am just starting to get into forex trading.

I am working on modifying the support and resistance to show if two lowest of the past four areas of support (or resistance if long) are with greater than 6 bars are within .2% of each other then to draw that area.

An example of this is shown below where I have the white support dots along with the larger white dots as the entry condition. Once it breaks below, go short.

I am struggling coding this as I am really new, I am trying to setup an array but I am honestly really lost. Would you be able to help me?

Thanks

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TheRumpledOne
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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby TheRumpledOne » Mon Mar 23, 2015 3:59 pm

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Day after day, week after week, month after month, year after year, decade after decade, the Buy Zone is still producing winning trades. Simple horizontal lines that price must pass through.
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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TheRumpledOne
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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby TheRumpledOne » Mon Mar 23, 2015 4:01 pm

ewtrader33 wrote:Hey TRO-

Thanks for posting the support and resistance, its been a huge help as I am just starting to get into forex trading.

I am working on modifying the support and resistance to show if two lowest of the past four areas of support (or resistance if long) are with greater than 6 bars are within .2% of each other then to draw that area.

An example of this is shown below where I have the white support dots along with the larger white dots as the entry condition. Once it breaks below, go short.

I am struggling coding this as I am really new, I am trying to setup an array but I am honestly really lost. Would you be able to help me?

Thanks


I don't really understand what you are trying to accomplish. My suggestion is KEEP IT SIMPLE!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby TheRumpledOne » Mon Mar 23, 2015 4:22 pm

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Looks like the EUR pairs did a nice rat reversal off their daily lows.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby TheRumpledOne » Mon Mar 23, 2015 4:24 pm

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Buy Zone or Rat Zone.. take your pick. Each pays off daily!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby TheRumpledOne » Tue Mar 24, 2015 3:54 pm

gbpusdh1.png
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Once again, the gauges shows movement through the Buy Zone and Rat Zones.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby TheRumpledOne » Tue Mar 24, 2015 3:54 pm

eurusdh1.png
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Buy Zone and Rat Zones paid off again.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby TheRumpledOne » Wed Mar 25, 2015 3:37 pm

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The weekly open crossover trade is paying off nicely. Look at the Weekly (W1) Price GPS and notice the ClOp (close - open) column.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby TheRumpledOne » Wed Mar 25, 2015 3:40 pm

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I know I sound like a broken record...

Buy Zone and Rat Zones paid off again.

A refresher:

DRAIN THE BANKS - LIKE A RAT

http://kreslik.com/forums/viewtopic.php?p=25593#25593

1) price within 20 pips of the CURRENT 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 rules do not mention it, then it is of no concern.


"The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Re: 2009.03.17 TRO - NEVER LOSE AGAIN!!

Postby TheRumpledOne » Wed Mar 25, 2015 3:41 pm

eurjpyh1.png
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Price leaving one Daily Wick Zone and entering the other.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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