DAILY WICK ZONE TRADING

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TheRumpledOne
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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Wed Jul 19, 2017 1:46 pm

kcbnyc wrote:TRO,

Using the HTBL Zone indicator, will the green shaded Wick zone appear only when the pair is in the zone and a trade can be taken?


No.
The zones are always displayed so you know when price is in the zone or outside the zone.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Re: DAILY WICK ZONE TRADING

Postby kcbnyc » Wed Jul 19, 2017 3:32 pm

Thanks. For some reason, the HTBL Zone Indicator doesn't show the zone when viewing certain pairs. Like AUD/USD.

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MightyOne
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Postby MightyOne » Wed Jul 19, 2017 10:20 pm

The Wick-zone is probably one of TRO's best strategies, it is definitely one of my favorites.

Do you see that long red bar heading into the lower zone? That is almost guaranteed to be a profit taking level (I mean, what would you do if you were short?) & there is a lot more that you can learn from this chart that will increase your profit.

The wicks after the blue momentum bar (1-2-3 breakout) were not bearish, that is just traders taking profit so that they can buy it back lower and run it up into the upper zone.

Learn from what you would do & what you have seen and you will make better decisions at every point.

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Re: DAILY WICK ZONE TRADING

Postby kcbnyc » Wed Jul 19, 2017 10:58 pm

What indicators and or template do you have on this chart?

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Re: DAILY WICK ZONE TRADING

Postby MightyOne » Thu Jul 20, 2017 12:09 am

kcbnyc wrote:What indicators and or template do you have on this chart?


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Re: DAILY WICK ZONE TRADING

Postby MightyOne » Thu Jul 20, 2017 5:04 am

I see this price action all the time...

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Re: DAILY WICK ZONE TRADING

Postby MightyOne » Thu Jul 20, 2017 2:15 pm

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Re: DAILY WICK ZONE TRADING

Postby kcbnyc » Thu Jul 20, 2017 2:48 pm

Thanks! I don't have those indicators...can you share?

V/r
Kirk

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Re: DAILY WICK ZONE TRADING

Postby MightyOne » Thu Jul 20, 2017 6:15 pm

kcbnyc wrote:Thanks! I don't have those indicators...can you share?

V/r
Kirk


Buy7one requires you to be familiar with the BuyZone trade, price levels, and EIGHTS money management.
You are better off starting with this one: BuyZone Indicator

You should head over to this thread and see if this style of trading is right for you or focus on Wick-zone, Rat Trade, or dchappy's Simple as 1-2-3 thread.

These are the mini-charts that I use, nothing fancy.

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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Tue Jul 25, 2017 2:05 pm

kcbnyc wrote:Thanks. For some reason, the HTBL Zone Indicator doesn't show the zone when viewing certain pairs. Like AUD/USD.


Please post a chart showing this.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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