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TheRumpledOne
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Postby TheRumpledOne » Fri Dec 05, 2008 4:50 pm

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THE ONE THAT GOT AWAY!!

I only took 5 pips :(
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Postby TheRumpledOne » Fri Dec 05, 2008 4:54 pm

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Get ready for next hour...
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razorboy
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Postby razorboy » Fri Dec 05, 2008 5:07 pm

just to clarify on the buzzard

look for the trend on the h1 and use a lower time frame to specifically enter the trade.

ie I see 4 reds on an h1 chart - place a horizontal bar to mark the pivot point then zoom down to a 5 minute to look for a short trade entry that captures the h1 pivot point
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Postby xmess7 » Fri Dec 05, 2008 5:31 pm

LOL. Wait till you see what I'm doing with the BUZZARD. Hmm you heard of orgies? LOL..

More to come soon
Jess
razorboy wrote:i think the buzzard is my new girlfriend..............

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Postby razorboy » Fri Dec 05, 2008 5:47 pm

USDCHF Heading for a fall?
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TheRumpledOne
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Postby TheRumpledOne » Fri Dec 05, 2008 5:53 pm

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USDCHF was a tough few pips.

USDJPY paid nice.

Get ready for next hour...
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TheRumpledOne
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Postby TheRumpledOne » Fri Dec 05, 2008 5:59 pm

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razorboy wrote:just to clarify on the buzzard

look for the trend on the h1 and use a lower time frame to specifically enter the trade.

ie I see 4 reds on an h1 chart - place a horizontal bar to mark the pivot point then zoom down to a 5 minute to look for a short trade entry that captures the h1 pivot point


Not exactly.

The Buzzard does NOT use the pivot point to trigger the entry.

You use the BUY ZONE on a M1 or M5 chart.
Last edited by TheRumpledOne on Fri Dec 05, 2008 5:59 pm, edited 1 time in total.
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razorboy
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Postby razorboy » Fri Dec 05, 2008 5:59 pm

with the buzzard, when you see a red with a higher high and higher low than the previous green candle, are you calling this a green, or starting from scratch again?
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razorboy
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Postby razorboy » Fri Dec 05, 2008 6:14 pm

Using the Dynamic Fibs and pivot points on the 5 minute chart straddling the 1 hour pivot seems to work as well
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TheRumpledOne
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Postby TheRumpledOne » Fri Dec 05, 2008 6:17 pm

razorboy wrote:with the buzzard, when you see a red with a higher high and higher low than the previous green candle, are you calling this a green, or starting from scratch again?


DO NOT COMPLICATE THIS.

THIS IS SIMPLE.

ALL YOU DO IS COUNT CANDLE COLOR.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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