DAILY WICK ZONE TRADING

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TheRumpledOne
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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Wed Nov 18, 2015 3:56 pm

MightyOne wrote:What else could one possibly need...

maybe a few squiggly lines :roll:

GBPUSDproM5.png


BUY ZONE!! :lol:
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Re: DAILY WICK ZONE TRADING

Postby MightyOne » Wed Nov 18, 2015 7:14 pm

TheRumpledOne wrote:
MightyOne wrote:What else could one possibly need...

maybe a few squiggly lines :roll:

GBPUSDproM5.png


BUY ZONE!! :lol:


I am not a fan, but that doesn't mean that it isn't fantastic :mrgreen:

It just doesn't gel with the idea of placing and trailing stops as well as the other "zone" trades...
if your stop is initially within the long(er) term range then you take the added risk of a flash stop out.

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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Thu Nov 19, 2015 3:32 pm

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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Thu Nov 19, 2015 3:34 pm

MightyOne wrote:
I am not a fan, but that doesn't mean that it isn't fantastic :mrgreen:

It just doesn't gel with the idea of placing and trailing stops as well as the other "zone" trades...
if your stop is initially within the long(er) term range then you take the added risk of a flash stop out.


Funny you say that, MO.

The Buy Zone is ALWAYS part of the WICK ZONE ( except Sunday/Monday due to gap). One of the Wick Zone Borders is the previous day's close which is usually the current day's open, which is part of the BUY ZONE.

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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Thu Nov 19, 2015 3:42 pm

gbpusdh1.png
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Something to consider:

WICK ZONES and BUY ZONE do NOT move during the day - they are STATIC ZONES.

The RAT ZONE is DYNAMIC. As new daily highs/low are made, the RAT ZONE moves.
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Re: DAILY WICK ZONE TRADING

Postby MightyOne » Thu Nov 19, 2015 4:26 pm

Funny you say that, MO.

The Buy Zone is ALWAYS part of the WICK ZONE ( except Sunday/Monday due to gap). One of the Wick Zone Borders is the previous day's close which is usually the current day's open, which is part of the BUY ZONE.


If you choose 00:00, sure...
but BZ is best traded, according to the people who use it most, from the session times corresponding to the pair being traded.

There are so many past WZ that you can use that it is hard to see where the BZ can do a better job...

Where does the BZ fit in this picture & is its job already being done by something else?
(HINT: you would not take BZ shorts because everything is moving UP)

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TheRumpledOne
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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Fri Nov 20, 2015 2:43 pm

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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Mon Nov 23, 2015 3:49 pm

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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Tue Nov 24, 2015 3:58 pm

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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.

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TheRumpledOne
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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Wed Nov 25, 2015 4:16 pm

YouTube Video for the ​TRO_Multi_Meter_WickZone​ and TRO_TRAININGWHEELS_WICK_ZONE​:

https://www.youtube.com/watch?v=H7YiAYxBna8
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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