2009.09.10 DRAIN THE BANKS - LIKE A RAT

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tommydq
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Postby tommydq » Mon Jul 19, 2010 8:06 am

Two trades today. The second one happened very fast right at the close of the hour, 10 and 25 pips on the two halves of the trade.

[left]http://i756.photobucket.com/albums/xx202/tommydq/Forex%20Trading%20-%20Two%20Percent%20Per%20Day/2010-07-19-usdchf.png[/left]

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TheRumpledOne
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Postby TheRumpledOne » Mon Jul 19, 2010 1:08 pm

Image

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 rules do not mention it, then it is of no concern.
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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Postby TheRumpledOne » Mon Jul 19, 2010 3:24 pm

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RESULTS
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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cosmoe1
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Postby cosmoe1 » Mon Jul 19, 2010 3:46 pm



1st trade -10, second trade +10

Cosmoe1

tommydq
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Postby tommydq » Tue Jul 20, 2010 8:53 am

3 Trades today, -10 pips on USDCAD and then these two (-10, +20, +40). Looks like I got lucky on a news release. I forgot all about it while I was in the trade.

[left]http://i756.photobucket.com/albums/xx202/tommydq/Forex%20Trading%20-%20Two%20Percent%20Per%20Day/2010-07-20-gbpusd.png[/left]

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TheRumpledOne
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Postby TheRumpledOne » Tue Jul 20, 2010 11:26 am

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"Now, 2 patterns of market behavior happen on a regular basis:

1) the price breaks to new high's (or low's)

2) the price reverses from new high's (or low's)

They happen regardless of time frame (with the obvious limitations explained above)

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H. Rearden
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Tue Jul 20, 2010 12:41 pm

Image

RESULTS
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.

goji
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Postby goji » Tue Jul 20, 2010 1:10 pm

Hi,

Question: Is there a multi pair semaphore indicator? (Essentially I'm looking for an indicator/guage which tells the user when a semaphore appears on various currency pairs.)

Thanks

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TheRumpledOne
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Postby TheRumpledOne » Tue Jul 20, 2010 3:35 pm

Yes, I wrote a semafor dashboard.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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goji
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Postby goji » Tue Jul 20, 2010 3:59 pm

Is that a donational indi? If not, could you provide a link to it.

Thanks

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