2009.09.10 DRAIN THE BANKS - LIKE A RAT

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pgtips
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby pgtips » Tue Apr 05, 2016 7:07 pm

Hi,
Just a quick Q about the entry timing. I understand the rules, reach current daily low, red candle closes,
Wait for Green candle to close, note high price of green

But what if the low candle is a green one, or as in the first pic below my high was a red close. I've had a few where the low is green or high is red candle.

I assume you just enter straight off the bar - but I'd like to know for sure if that is right, should I still be waiting for maybe another green (or red) to add confirmation.

Couple of examples
PG

redhigh.jpg
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greenlow.jpg
greenlow.jpg (12.08 KiB) Viewed 431 times

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TheRumpledOne
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Wed Apr 06, 2016 11:59 am

Does not matter. The entry is the same.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby pgtips » Wed Apr 06, 2016 12:57 pm

nice eurusd today,

It bounced off monthly pivot too which was nice (I didn't spot that til after but its a nice confirmation/combination I might start to look out for.)

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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby pgtips » Wed Apr 06, 2016 1:01 pm

audusd too, took a bit longer but made it eventually

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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Wed Apr 06, 2016 5:27 pm

Monthly Pivot? There are no magic numbers!!

Daily/weekly/monthly open/high/low/close. That's all you need!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Thu Apr 07, 2016 2:46 pm

EURUSDM5.png
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Fri Apr 08, 2016 4:35 pm

EURUSDM5.png
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Mon Apr 11, 2016 3:43 pm

EURUSDM15.png
EURUSDM15.png (58.59 KiB) Viewed 541 times


Switched chart period to M15.

Someone mentioned I had posted M5 was suicide years ago. That comment was in regards to using the 3_Level_ZZ_Semafor.

Remember: PRICE IS THE SAME ON ALL CHART PERIODS.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Tue Apr 12, 2016 2:51 pm

EURUSDM15.png
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Wed Apr 13, 2016 3:15 pm

EURUSDM15.png
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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