Never Lose Again
Moderator: moderators
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15564
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
Very interesting stuff, MightOne.
Last edited by TheRumpledOne on Mon Mar 09, 2009 6:46 pm, edited 1 time in total.
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 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.
Thank you for your support.
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15564
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
TheRumpledOne wrote:"MightyOne" : Realizing that I have strayed from simplicity I sat down and had a conversation with the chart and here is what he said:
"If a candle closes after a momentum move then it will be larger than the prev. candle & it may be larger than a consecutive number of candles in the past.
The smaller this number is the stronger the move to come.
The larger this number is the weaker the move to come.
Drain the banks!"
That is all he said
You sure know how to "work" me, don't you MightyOne?
I try
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15564
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
TheRumpledOne wrote:The smaller this number is the stronger the move to come.
The larger this number is the weaker the move to come.
=============
In the opposite, direction?
The concepts is the larger the body of the bar the greater the chance of reversal.
Assuming this bar is Y or Z momentum, the likely future move will close with a small body.
However momentum follows an XYXYX pattern recognizing that momentum can pick up again in the same direction after X.
As always, TRADE WHAT YOU SEE
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15564
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15564
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15564
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.