Buy Sell Zone on FOREX

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TheRumpledOne
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Postby TheRumpledOne » Wed Jan 16, 2008 4:40 pm

Looks fine to me.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Postby Razor » Wed Jan 16, 2008 4:54 pm

TheRumpledOne wrote:Looks fine to me.



Cheers :D

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Postby brwkem » Fri Jan 18, 2008 4:38 am

is the USD/JPY the simplest to start with?

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TheRumpledOne
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Postby TheRumpledOne » Fri Jan 18, 2008 4:32 pm

USDJPY gives you the most bang for the buck... it's all about numbers!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby ThePitPirate » Mon Nov 03, 2008 9:40 pm

Hi TRO,

I'm new to the forum and I've been reading the materials for a while.

Great stuff!

I think I understand "almost" everything, however one thing is still bugging me:

in the buy zone how exactly is the distance from the open to the "go long" and "go short" lines calculated. I read your post somewhere in the forum stating you use statistics, so you come up with values for GBPJPY, EURUSD, etc. You also mention you use it for stocks.

What algorithm exactly is beeing used for these calculations?

Say I would like to use the buy zone for trading goog, or msft, how would the distances be calculated?

Thanks

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TheRumpledOne
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Postby TheRumpledOne » Tue Nov 04, 2008 12:05 pm

Didn't I already answer that question somewhere?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby willkohsg » Mon Nov 10, 2008 2:27 pm

just tried out the method using TRO's BZ indicator.

am i doing it right??

1) i buy when i am way above the blue zone - the buy zone- i saw green candles and i bought.- is that the rules to this strategy?

buy EUR/USD using 1 min and 5 min charts.

bought when i saw green candles in the buy zone.

results:

+6 pips
+9 pips
+5 pips
+4 pips

total = 24 pips for less than 1 min of work!! this is amazing

Image

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Postby Pipsun » Tue Nov 11, 2008 1:23 am

Image

Good trade on the Tokyo open 7pm est with usd/jpy
Im using a 6pip TP and 5pip ST, looking back there is a lot of whip saws but also a lot of winners but im trusting the statistics in the long run, and risking 3% each trade and by making my st tighter and tp 1pip more maybe increase my chances.

Time will tell.

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Postby Pipsun » Tue Nov 11, 2008 2:11 am

Image
The price stalled so i took what i had and ran^
Image[/right]
The aftermath :)

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Postby Pipsun » Thu Nov 13, 2008 3:31 am

TRO when you ran you statistics (63%win i believe) with the buyzone when were your tades??

1) only enter trade in buyzone area of the major market open aka london new york tokyo and trade the zone for the whole session every oppritunity

or

2) every hour's buyzone every oppritinty

or

3) something else

right now im trading usd/jpy tokyo open 7pm EST buyzone.

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