Questions:
1: Do you use this to trade DIA or QQQQ, or can it be used ?
NO. I use the BUY ZONE to trade equities.
2: How would you trade the wide range candles?
All trades are the same.
3: On a day like today (3/7/2011) It seems like the bull signals are weak and very few. How could it possibly be more profitable to be long? I'm not debating your system doesn't work, just need clarification
By trading the pairs that are going up.
4: On your long signals, how do you determine if you will pass or not on the trade?
I just trade.
Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS. THINK ABOUT IT!!
2009.09.10 DRAIN THE BANKS - LIKE A RAT
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- TheRumpledOne
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Re: DIA QQQQ
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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Re: Stop Loss
ewcraigs wrote:TRO,
You say stop loss is 10 pips. But 10 pips from where the entry price? Below the low of the green signal candle?
How did you determine that 10 pips is best?
Thanks
Yes, 10 pips from the entry price.
If price moves against you 10 pips, isn't that enough?
STOP LOSS is a function of RISK and POSITION SIZE.
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.
Please do NOT PM me with trading or coding questions, post them in a thread.
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xXx wrote:Hi there.
I am starting to see how this works.
I got some pips for myself using Rat Zone.
I always enter (M30 or 1H) at the bottom line of Rat Zone just to make sure that the price is going in the right direction.
I just need some clarification.
The question are:
1. Should I enter using M5 as on the picture at the line marked 1
2. Or should I enter when prices goes past the trigger at point marked 2?
3. I know that price is the same on all time frames but when in Rat Zone at which time frame should I be looking at?
At line marked 1.
Look at any time frames you want to.
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.
Please do NOT PM me with trading or coding questions, post them in a thread.
Re: DIA QQQQ
Do you have a quick link to Buy Zone for equities?
What do you mean by "trading the pairs that are going up"?
What do you mean by "trading the pairs that are going up"?
TheRumpledOne wrote:Questions:
1: Do you use this to trade DIA or QQQQ, or can it be used ?
NO. I use the BUY ZONE to trade equities.
2: How would you trade the wide range candles?
All trades are the same.
3: On a day like today (3/7/2011) It seems like the bull signals are weak and very few. How could it possibly be more profitable to be long? I'm not debating your system doesn't work, just need clarification
By trading the pairs that are going up.
4: On your long signals, how do you determine if you will pass or not on the trade?
I just trade.
Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS. THINK ABOUT IT!!
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- TheRumpledOne
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Re: DIA QQQQ
ewcraigs wrote:Do you have a quick link to Buy Zone for equities?
What do you mean by "trading the pairs that are going up"?
Look for "Milking the Cows" or "Milk the Cows" to find the buy zone for equities threads.
The Buy Zone PDFs:
http://www.kreslik.com/forums/viewtopic.php?t=1050
http://www.kreslik.com/forums/viewtopic.php?p=10112
http://kreslik.com/forums/viewtopic.php?p=10476
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.
Please do NOT PM me with trading or coding questions, post them in a thread.
Re: DIA QQQQ
Thanks for the links, I'll check them out.
How are you coming to a conclusion on "trading the pairs that are going up", with the usual red candle, green candle, break of the high of the first green candle?
How are you coming to a conclusion on "trading the pairs that are going up", with the usual red candle, green candle, break of the high of the first green candle?
TheRumpledOne wrote:ewcraigs wrote:Do you have a quick link to Buy Zone for equities?
What do you mean by "trading the pairs that are going up"?
Look for "Milking the Cows" or "Milk the Cows" to find the buy zone for equities threads.
The Buy Zone PDFs:
http://www.kreslik.com/forums/viewtopic.php?t=1050
http://www.kreslik.com/forums/viewtopic.php?p=10112
http://kreslik.com/forums/viewtopic.php?p=10476
- TheRumpledOne
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Why I have not been posting much the past week or so .... NASCAR!!
Went to the Phoenix race and then...
...went to the Las Vegas race. Hard to focus on trading when NASCAR is nearby.
Went to the Phoenix race and then...
...went to the Las Vegas race. Hard to focus on trading when NASCAR is nearby.
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.
Please do NOT PM me with trading or coding questions, post them in a thread.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
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