2009.09.10 DRAIN THE BANKS - LIKE A RAT

[slingblade]

I hope I'm getting some oxygen here so that I can see.

Brookmyre, Ha, I saw that. Are we getting warmer? And more importantly, can we make more money with this new vision?

[TheRumpledOne]

slingblade:

The open high is more recent than the open low.

[slingblade]

I'm about to shut up and let the older kids talk.

Then we can expect the Sellers to be control from the most recent open HIGH and price will go down?

EDIT: Changed low to HIGH. Oops.

[TheRumpledOne]

1) Price within 20 pips of the daily low (ClLo < 20): This is OPPORTUNITY

========================= ===================

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.

[nickohorny]

I keep looking.. surely it is as simple as:

(coming from a green rat perspective)
If the current low open is HIGHER than previous then we are good to go long... as this is showing me that price has since opened higher than the previous one so off we go..
If not then wait until the next one opens Higher.

Shall I pack my bags for Yale?

[nickohorny]

Actually what I just said makes no sense, as the current low is calculated from last 'x amount of candles' so therefore ignore my last post lol..

I will keep looking!

[TheRumpledOne]

Check out this thread for clues

http://kreslik.com/forums/viewtopic.php?t=2723

Funny how some folks come and go!!

[Columba]

I keep looking.. surely it is as simple as:

(coming from a green rat perspective)
If the current low open is HIGHER than previous then we are good to go long... as this is showing me that price has since opened higher than the previous one so off we go..
If not then wait until the next one opens Higher.

Shall I pack my bags for Yale?

Nick, just pack your bags for Cambridge . . .

Actually, I loved your post, so I guess I am off to Yale.

We press on.

Columba

[nickohorny]

I keep looking.. surely it is as simple as:

(coming from a green rat perspective)
If the current low open is HIGHER than previous then we are good to go long... as this is showing me that price has since opened higher than the previous one so off we go..
If not then wait until the next one opens Higher.

Shall I pack my bags for Yale?

Nick, just pack your bags for Cambridge . . .

Actually, I loved your post, so I guess I am off to Yale.

We press on.

Columba

Haha! My brain is seriously working overtime trying to figure out something so simple to see.. I think Cambridge would honour me..

TRO Is the answer 'add a squiggly to confirm direction?' then go with?

[TheRumpledOne]

"Add a Squiggly"? LMAO!!