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TheRumpledOne
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Postby TheRumpledOne » Sun Feb 22, 2009 2:10 pm

I do NOT code EAs.

I have coded a script but the overhead that you have to keep track of is pain! But a script is the only way to have true real time data for multiple pairs since you do not have to wait on a tick.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Postby TheRumpledOne » Sun Feb 22, 2009 5:34 pm

"Wick in direction of loss, body in direction of profit"

Isn't that another way of saying GREEN = LONG/BULL/BUY, RED = SHORT/BEAR/SELL SHORT?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby MightyOne » Sun Feb 22, 2009 7:58 pm

TheRumpledOne wrote:"Wick in direction of loss, body in direction of profit"

Isn't that another way of saying GREEN = LONG/BULL/BUY, RED = SHORT/BEAR/SELL SHORT?


Body in the direction of profit (Refers to past action or truth)
Wick in the direction of loss (Refers to current action or illusion)

Candles just happen to be green or red, but that is not what I am interested in.

Momentum: how fast a currency is moving in one direction.
Volatility: how much a currency is gyrating.

The above are the two things that tell you every thing you want to know about direction.
Some times a bullish bar is a great short after momentum slows or volatility is high.

I thought long and hard to describe what has taken me nearly a decade to understand and there you have it:

Body in the direction of profit, wick in the direction of loss.

When you consider things such as spatial intellect then the above is anything but a simple statement.

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Postby prochargedmopar » Sun Feb 22, 2009 9:13 pm

As Paul Harvey would say,
"Now we have the rest of the story"

Discretionary trader is an understatement.

I find when I'm in a trade with my finger on the trigger to "escape" I get fixated on the time/sales.

Nothing else seems to matter, Maybe I should concentrate on it more before I get in.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Postby prochargedmopar » Sun Feb 22, 2009 9:22 pm

TRO,
I posted a link to your motherload zip on mypivots.com
Daytradingforum like I did at forexFactory.
This link:
http://kreslik.com/forums/viewtopic.php?t=1539

Now when I went back to look at it, it has the zip file posted in the link and I can't delete it.

Should I have the admin delete it?
Pro
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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prochargedmopar
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Postby prochargedmopar » Sun Feb 22, 2009 9:31 pm

I sent an e-mail to the administrator asking them to delete the post. Not sure why the link to kreslik added the zip file automatically. This and other sites do not do that.

In the future I will only post
www.kreslik.com
Sorry.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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TheRumpledOne
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Postby TheRumpledOne » Sun Feb 22, 2009 9:51 pm

prochargedmopar wrote:TRO,
I posted a link to your motherload zip on mypivots.com
Daytradingforum like I did at forexFactory.
This link:
http://kreslik.com/forums/viewtopic.php?t=1539

Now when I went back to look at it, it has the zip file posted in the link and I can't delete it.

Should I have the admin delete it?
Pro


I think you should be able to delete and/or edit your post. Click the manage attachments button.
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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Postby xmess7 » Sun Feb 22, 2009 10:53 pm

Bro use a simulator and watch what happens. Just observe and you will get an idea of how to use it. There are many ways to use it, more than what the author of that video describes. Plus it is so simple all you really need is one horizontal line. That's it.. Nothing more. Simple is King.

Tro I like your flip the coin method. When I get a chance I will device an indi that does something similar. Should be fun to try out.

Folks on the EURUSD short that was discussed this weekend. If you are brave take a short now at 1.2814 (2:44pm, GMT-08 ) Otherwise I am waiting a little more. I think price will climb maybe 50 to 100 pips. I'll make the call when I enter short. There is also a couple of more currencies that I am looking to enter.

Wait wait... let it all unravel...

JEss
Numbers are numbers. They add up, subtract down, or zero out. Nothing more nothing less.

ajaymein wrote:XMESS, That stair step pattern is GENIUS! I am actually working on eyeball testing previous results of trading simple horizontal line crosses with that pattern...and it is looking VERY profitable right now!

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TheRumpledOne
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Postby TheRumpledOne » Sun Feb 22, 2009 11:31 pm

"Tro I like your flip the coin method. When I get a chance I will device an indi that does something similar. Should be fun to try out. "

That wasn't mine. It was Ronald Raygun's and if you click the link, it downloads a simulator.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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xmess7
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Postby xmess7 » Mon Feb 23, 2009 12:12 am

Tro Sorry your correct ...

Ok guys I am in SHORT 4:03pm (GMT-8 )
EURUSD at 119.51
EURJPY at 1.2791

Mind you these are late entries :) But lets see what happens.
Here we go again!

Why well.. lets just see what happens LOL :)

TheRumpledOne wrote:"Tro I like your flip the coin method. When I get a chance I will device an indi that does something similar. Should be fun to try out. "

That wasn't mine. It was Ronald Raygun's and if you click the link, it downloads a simulator.

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