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TheRumpledOne
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Postby TheRumpledOne » Sat Mar 07, 2009 3:50 pm

1. Body closed in the direction of profit.

2. Wick in the direction of loss.

A. Body closed in the direction of profit.

B. Body is moving in the direction of profit.

Some times all you really need to know is GREEN = UP and RED = DOWN :wink:
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Yes, and a HORIZONTAL LINE.
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Postby MightyOne » Sat Mar 07, 2009 5:03 pm

chip wrote:MO, I'd like to ask for 3 bits of confirmation of what I'm understanding so far...

X = body size considered to be non momentum

How do you determine X? Is that average range for all bars for this pair? Average range for all bars during some time period (maybe just when NY is open, or just the first hour, etc)?

+x, +y = candle in the direction of profit.


Do you mean that a movement of +x,+y has now established a Zeroline at price - x - y?

If +x, +y then -x, -z is needed to reverse.


So price has moved +x, +y (which is +3x), and starts retreating.... it is not considered to have reversed until price has moved back down -x,-z (which is -4x).

I have to think more about the rest of it, but wanted to be sure I was getting it so far.

Thanks again.


X < Y/2 & Z/3

The picture may have confused you; it is about the size of the body closes (momentum + held profit) not about how far price has moved.

Taking the complexity down a notch you could answer the complex question of what is considered to be non momentum by asking:

If Y > 2X then what is non momentum?

Consider the bodies in the direction of profit that establish a zero line and also qualify as being Y.

If you consider Y divided by 2 to be momentum then maybe you have found Z.

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Postby deeforex » Sat Mar 07, 2009 6:35 pm

MO, THANK YOU so much for your latest attempts to codify z-line!

Below is one of your charts with my notations of areas in question.

Are the red boxed areas, that I marked -z, how you saw these bars as one longer timeframe z-bar?

ok, now to the questions that I have marked on the chart

0) Why does this qualify as +z when it's not 3x?
1) Why is this not -x? How does this bar differ from the next one that is a -x?
2) Any comments about these 2 bars?
3) Are these bars just too small for reversal +x because they're not 1/3 of z (z/3)?
4) Am correct to say that these aren't 2x, therefore don't qualify as +y? Between these 2 yellow-circled bars, is that a failed -z because it's not 3x?
5) Question similar to #1.

THANKS AGAIN!!!!
dee
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Postby MightyOne » Sun Mar 08, 2009 1:45 am

deeforex wrote:MO, THANK YOU so much for your latest attempts to codify z-line!

Below is one of your charts with my notations of areas in question.

Are the red boxed areas, that I marked -z, how you saw these bars as one longer timeframe z-bar?

ok, now to the questions that I have marked on the chart

0) Why does this qualify as +z when it's not 3x?
1) Why is this not -x? How does this bar differ from the next one that is a -x?
2) Any comments about these 2 bars?
3) Are these bars just too small for reversal +x because they're not 1/3 of z (z/3)?
4) Am correct to say that these aren't 2x, therefore don't qualify as +y? Between these 2 yellow-circled bars, is that a failed -z because it's not 3x?
5) Question similar to #1.

THANKS AGAIN!!!!
dee


0) The candle marked X was Z momentum followed by X. Since the momentum for reversing from -x.-y is +x, +z that is how it was labeled.
1) together they are X.
2) No, you are only considering breakout momentum.
3) They are all non momentum.
4) Momentum was not Z. Note that in the "failed" red section you could have labeled a -x, -y for a classic zero line. The reverse then would have cont. +x, +z, +x, +y followed by -x, -z, +x.
5. Same as answer 1.

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Postby TheRumpledOne » Sun Mar 08, 2009 3:10 am

Image

OK, I am still working on coding zero lines.

Here's what I see...

If the candles reverse color, the reversing candle's body is now X. Plot dots at close plus 2X (Y, yellow) and close plus 3X (Z, orange).

Those levels remain until another reversal ( spatial intelligence ).

If you stare at the chart, you just might SEE IT.
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Postby prochargedmopar » Sun Mar 08, 2009 6:18 am

TRO,
Which one of the indicators are you referring to here?
You call it the "macd trigger"
http://www.forex-tsd.com/commercial-tra ... rs-16.html

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tro_macd.gif

The MACD / BuyZone trigger tore up the GBPJPY today!!

Scalped it all day long.

A good buddy stopped by my FREE Chat | Chat Rooms | Paltalk chat room (TWO PERCENT CLUB) today and loaded up the trigger. He got to see firsthand how it called a long that was worth about 30 pips in a minute! It also kept us out of a short trade that would normally be triggered by the Buy Zone alone.

The latest RISK ANALYSIS uses the BuyZone for the H1 and D1, the H1 Vegas Tunnel, jjrvat's PBP and my Dynamic S/R to gauge the risk of the trade. The risk parameters are inputs so you can adjust the risk value for each risk type or turn one or more off by setting the input to 0.

One you see how well this works and gain confidence to take the trade WITHOUT HESISTATION, you'll be raking in the pips, too! And if you wait for the signal to change, you'll take the "meat" out of every trade and leave less pips on the table.


Also, I've found the vegas tunnel multi meter but cannot find the vegas tunnel indicator. I know I saw it somewhere as you referred to it as the "best free system" you've seen.
Will you point me in the right direction for these?
Thanks.
#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 TheRumpledOne » Sun Mar 08, 2009 6:28 am

TRO TUNNEL defaults to the Vegas Tunnel.
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Postby prochargedmopar » Sun Mar 08, 2009 9:06 am

Ok,
I see it looks the same. Thanks

Now, this statement:
The MACD / BuyZone trigger tore up the GBPJPY today!!
And this:
The latest RISK ANALYSIS uses the BuyZone for the H1 and D1, the H1 Vegas Tunnel, jjrvat's PBP and my Dynamic S/R to gauge the risk of the trade.


Were you using these in combination to get added confirmation of a high probability trade? :?:
If so, what indicator are you using for jjrvat's PBP?:?:

For some reason I am drawn to the buyzone strategy.
I like the idea of an average range of "X" and being able to get in at 4. When I am able to start holding on for longer than "8 seconds", Shock_Smile I'll be in for some big pips.
#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 dragon33 » Sun Mar 08, 2009 3:57 pm

Image

Hello everybody, it has been a while since i posted a chart for you.
This is what i have been doing lately. Two months of experementing and last week live.
With the use of shi channel true and manual LRC in combination with the view of MO's trading and Heiken Ashi candles i was able to grab about 700 pips in just 3 days using small lotsize. I was playing with half standard lot.

MO brought me back on track (actually it was the missing key) but playing with high risk (big lotsize) makes me to nervous. When i lose i can make it back but with high lotsize it hurts.
It is nice to make 10 pip in a few minutes but it takes a lot of my time to manage the charts, that was the reason for searching a way to longer trades.

Well here it is. Please don't use shi channel on small tmf because it repaint but you all know that.

The nex thing i am going to do is scalp the same picture on the lower tmf whil i am in trade for the longer run.

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Postby MightyOne » Sun Mar 08, 2009 5:52 pm


Another chart for DeeForex:


Image

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