Never Lose Again

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
cfabian
rank: 150+ posts
rank: 150+ posts
Posts: 466
Joined: Tue Nov 04, 2008 3:37 pm
Reputation: 0
Gender: Male

Postby cfabian » Tue Jan 13, 2009 6:29 pm

Hey TRO,
What is the difference between DIBS and Inside Bar for Dummies?
Is it that IB for dummies looks for IB breakouts no matter how many candles are between IB and current candle, instead of been the one aside?

Cheers

TheRumpledOne wrote:Image

A trader asked to have the "PIPS AWAY FROM TRIGGER" added to the DIBS FOR DUMMIES indicator so they would know which one to trade next.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Tue Jan 13, 2009 7:02 pm

Are not you :P that you did not look for long trades?

See if I can't exit on 4480...

Image

:shock:

Image

User avatar
cfabian
rank: 150+ posts
rank: 150+ posts
Posts: 466
Joined: Tue Nov 04, 2008 3:37 pm
Reputation: 0
Gender: Male

Postby cfabian » Tue Jan 13, 2009 9:52 pm

Hey MO, leave some pips for the rest of us please....

Question... the dots are the 1/3 rds or top/bottom of the candles?

How do you use the range on this?

Your black boxes mean something? Or just to make numbers look clear?

So basically what you try to make us see is if top or bottom of canldes "form" a line and do not cross it (just the wicks), that means go short/long only (the green line)?

What is your dashed yellow line?

Thanks a lot


MightyOne wrote:Are not you :P that you did not look for long trades?

See if I can't exit on 4480...

Image

:shock:

Image

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11396
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Wed Jan 14, 2009 12:20 am

What is the difference between DIBS and Inside Bar for Dummies?
Is it that IB for dummies looks for IB breakouts no matter how many candles are between IB and current candle, instead of been the one aside?



DIBS is the Daily Inside Bar System as presented by Peter Crown. DIBS is only use on the H1 chart.

Yes, Inside Bar for Dummies looks at the most recent inside bar on any time frame.
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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11396
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Wed Jan 14, 2009 12:22 am

MO... maybe it's just my eyes, but your chart colors make it hard to see/read.

In the beginning, your charts were clear and easy to read.
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.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

pierre23
rank: 150+ posts
rank: 150+ posts
Posts: 313
Joined: Thu Oct 09, 2008 3:17 am
Reputation: 0
Gender: Male

Postby pierre23 » Wed Jan 14, 2009 1:36 am

Agreed, your charts on page 179 are great in terms of easy to see/read ^

Are you trying to compensate for something when you constantly change your colour schemes? Maybe putting off painting the house, so why not paint the charts? =p

I still don't quite understand how you come to only trade short in the last post? Is it because the last 5min candle of the hour didn't reach the green dot of the previous candle? Also where was your entry?

Is there a reason why you don't want to see the wicks ._.?

thx

User avatar
razorboy
rank: 500+ posts
rank: 500+ posts
Posts: 627
Joined: Tue Oct 21, 2008 2:06 am
Reputation: 0
Location: Toronto
Gender: None specified
Contact:

Postby razorboy » Wed Jan 14, 2009 2:13 am

If I may interpret - Go short when the price of the current candle is below the lower third of the previous candle - the dotted yellow line looks like it marks off the lower one third of the previous candle - of course the stop loss still lends it self to some guess work as your first shot at this trade may have not worked



pierre23 wrote:Agreed, your charts on page 179 are great in terms of easy to see/read ^

Are you trying to compensate for something when you constantly change your colour schemes? Maybe putting off painting the house, so why not paint the charts? =p

I still don't quite understand how you come to only trade short in the last post? Is it because the last 5min candle of the hour didn't reach the green dot of the previous candle? Also where was your entry?

Is there a reason why you don't want to see the wicks ._.?

thx

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Wed Jan 14, 2009 6:07 am

pierre23 wrote:Agreed, your charts on page 179 are great in terms of easy to see/read ^

Are you trying to compensate for something when you constantly change your colour schemes? Maybe putting off painting the house, so why not paint the charts? =p

I still don't quite understand how you come to only trade short in the last post? Is it because the last 5min candle of the hour didn't reach the green dot of the previous candle? Also where was your entry?

Is there a reason why you don't want to see the wicks ._.?

thx


Lower 1/3 of the prev. H1 candle is SHORT ONLY.
Between the high and the low 3rd is whatever territory, but
I almost always trade in the direction of the third that was touched last.

TRO turns his whole chart black and you can see nothing but indicators on a morbid background and I am being harassed because of the colors I am using... :wink:
So I like coloring my chart to match the mood I am in :roll:
So what If I feel Olive today :?

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Wed Jan 14, 2009 6:37 am

cfabian wrote:Hey MO, leave some pips for the rest of us please....

Question... the dots are the 1/3 rds or top/bottom of the candles?

How do you use the range on this?

Your black boxes mean something? Or just to make numbers look clear?

So basically what you try to make us see is if top or bottom of canldes "form" a line and do not cross it (just the wicks), that means go short/long only (the green line)?

What is your dashed yellow line?

Thanks a lot


MightyOne wrote:Are not you :P that you did not look for long trades?

See if I can't exit on 4480...

Image

:shock:

Image


The dots are simply the tops and bottoms of the candles. I just wanted to take your eyes off of the information that was irrelevant.

The range is used in a SL calculation and M-Move Trader's Trick.

The black boxes are just highlighting entries and exits. Naturally when shorting exits are low and entries are high :wink:

The yellow dash line shows the Go Short Only of the prev. H1.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Wed Jan 14, 2009 6:45 am

pierre23 wrote:
Is there a reason why you don't want to see the wicks ._.?

thx


Wicks scramble the picture you are trying to see.

I tried to say the same thing in my Neo Wave discussions and had the book thrown at me :wink:

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”