Buy Sell Zone on the Russell

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Marci
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Postby Marci » Wed Apr 11, 2007 10:23 am

Avery and Edward, thanks a lot for your answers!
Now almost everything is clear to me except one point:
Trade No 2, the open was inside the sell zone, due to this there was no red candle and this candle appears after several green candles. Isn't this entry a more risky one?

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TheRumpledOne
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Postby TheRumpledOne » Wed Apr 11, 2007 2:15 pm

Marci:

If the zones are determined properly, then you can enter at ANYTIME the price is in the zone AND the candle is the proper color.

You have to remember, trading is GUESSING!

Statistically, this is one of the best guesses.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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eudamonia
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Postby eudamonia » Wed Apr 11, 2007 3:13 pm

Avery,

Thanks for adding your thoughts. We're all still learning from you.

Edward
Eudaimonia (pron.: you-die-moan-e-a) (Greek: εὐδαιμονία) is a classical Greek word commonly translated as 'happiness'. The less subjective "human flourishing" is often preferred as a translation.

jstockman
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As the song says "Let's start at the very beginning . .

Postby jstockman » Wed Apr 11, 2007 4:08 pm

TheRumpledOne wrote:Marci:

If the zones are determined properly, then you can enter at ANYTIME the price is in the zone AND the candle is the proper color.

You have to remember, trading is GUESSING!

Statistically, this is one of the best guesses.


TRO,

I have searched on the site and need more input on how to compute the buy zones. I and learning to trade the EUR/USD. Also, once they are determined what the statistics of the movements. I have been reading Trading in the Zone. The author says freedom from fear is all about knowing the probabilties of the trade. Can you give us the data on the stats of the currency pair you are trading. Or better yet how can I compute stats myself.


Best regards,


Jimmyj

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TheRumpledOne
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Postby TheRumpledOne » Wed Apr 11, 2007 10:10 pm

Jstockman:

Use the TradeStation _SMAA_STATISTICS and _SMAA_STATISTICS_M indicators I posted.

Sorry, no eSignal version. That's a wheel I don't need to reinvent.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Im Stuck

Postby jstockman » Thu Apr 12, 2007 3:23 am

TheRumpledOne wrote:Jstockman:

Use the TradeStation _SMAA_STATISTICS and _SMAA_STATISTICS_M indicators I posted.

Sorry, no eSignal version. That's a wheel I don't need to reinvent.


TRo,

Thank-you for all your fine work. I am officially cut off from TS and now a NT guy. I will have to figure out another way.

Can you cite your stats on the buyzone for the currency pairs you trade with it.

Regards,


Jimmyj

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Patch
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Postby Patch » Thu Apr 12, 2007 10:38 am

Jimmyj

What's happened to you over at the TS Forum and what did their Forum Police do to you? When they cut you off from their forum, do they also force you to close out your trading account as well?

Patch
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

zeller4
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Russell targets from first glimpse after running the zones

Postby zeller4 » Fri Apr 13, 2007 12:15 am

Anybody run a fib target practice after the first 5-minute candle?
Or do you use a different candle interval?
How about candle body vs. high-low?
Attachments
TRO_TRADE_ZONES and FIBs.png
TRO Trade Zones / Dynamic S/R and Fibs
TRO_TRADE_ZONES and FIBs.png (66.47 KiB) Viewed 2180 times

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eudamonia
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Russell Juice 4-19-07

Postby eudamonia » Thu Apr 19, 2007 3:38 pm

Now tell me does this look difficult? A net 2.5 points of opportunities on the Russell this morning in less than 1.5 hours for anyone bold enough to trade it.



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Postby zeller4 » Tue Apr 24, 2007 3:54 pm

Ed,
One more question on a strong trending day like today.

After the first entry and it's now moving way beyond the zones, how do you enter an order based on the dynamic s/r dots? Assuming you have a bounce off a resistance, where do you decide to enter short? Today, it kept pushing down each new support dot between 9:35 and 10:10.
(Saw lordtedders +3.4 for the day but didn't see any dots or entries...)

Another dynamic entry points screenshot would be greatly appreciated.

Thanks,

Kirk

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