Never Lose Again

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5248
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Wed Mar 18, 2009 2:12 am

prochargedmopar wrote:Say no to Z-lines. I call for a new name: You are now entering.....

"The Mighty Zone"

Well,
No beer today but we did go to the lake and crank up a camp fire for the 5 kids. Roasted some sausage links and ate plenty of s'mores. Oh the chocolate and marshmallow overload, I'm a stuffed pig.
You know the 90/10 rule, right. Avg. person eats 20 full meals a week + snacks. That means 10% (2) can be of what ever value you desire. Mmmmmmm


Yeah, but no beer on BEER DAY!

That is just fergin crazy :shock:

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

User avatar
es/pip
rank: 1000+ posts
rank: 1000+ posts
Posts: 2898
Joined: Wed Jan 21, 2009 9:28 pm
Reputation: 0
Gender: None specified

Postby es/pip » Wed Mar 18, 2009 2:13 am

Image

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 » Wed Mar 18, 2009 4:33 am

deeforex wrote:OMG! no wonder why I was getting so confused with the Z-lines.

I thought that the z-line was at a given price level but

"ANY LINE IN THE ZL AREA IS A ZL!"

there's actually a ZONE, with your choice of price! If I recall correctly, MO had mentioned a zone in his earliest posts!

The second thing that was bogging me down was what es/pip said "where are the longer lines originating from?"

MO's chart says: "<---There is nothing back there!"

ok, sometimes there's nothing back there but if there was something back there, do you look for support/resistance, reversal points (open or close price?), all the above, something else?

the picture is becoming clearer!!! Now I just need to practice trading it!

MO, Thank you for clarifying WaterHorse setups. If someone doesn't see it, let me know and I will add more notes to a chart.

:smt026 :smt026 :smt026 I'm so happy that the room is no longer so dark!


Hey Dee and all, I cannot clearly see the whitehorse setups. Please some help on those lines.

Again, thanks to all for posting your charts and explanations.

Procharged... when I read your posts I feel it is me. I'm with you man... lets keep up with this.

Best

User avatar
dragon33
rank: 500+ posts
rank: 500+ posts
Posts: 792
Joined: Thu Sep 18, 2008 2:41 pm
Reputation: 0
Gender: Male

Postby dragon33 » Wed Mar 18, 2009 7:06 am

Mo did show us the "mighty zone". Lol
Try to do it on the H1 tmf you wil be able to get a lot more pips!

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5248
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Wed Mar 18, 2009 10:54 am

Image

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: 5248
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Wed Mar 18, 2009 12:05 pm

cfabian wrote:
deeforex wrote:OMG! no wonder why I was getting so confused with the Z-lines.

I thought that the z-line was at a given price level but

"ANY LINE IN THE ZL AREA IS A ZL!"

there's actually a ZONE, with your choice of price! If I recall correctly, MO had mentioned a zone in his earliest posts!

The second thing that was bogging me down was what es/pip said "where are the longer lines originating from?"

MO's chart says: "<---There is nothing back there!"

ok, sometimes there's nothing back there but if there was something back there, do you look for support/resistance, reversal points (open or close price?), all the above, something else?

the picture is becoming clearer!!! Now I just need to practice trading it!

MO, Thank you for clarifying WaterHorse setups. If someone doesn't see it, let me know and I will add more notes to a chart.

:smt026 :smt026 :smt026 I'm so happy that the room is no longer so dark!


Hey Dee and all, I cannot clearly see the whitehorse setups. Please some help on those lines.

Again, thanks to all for posting your charts and explanations.

Procharged... when I read your posts I feel it is me. I'm with you man... lets keep up with this.

Best


It is simply pattern trading using up-down, down-up, up-down-down, & down-up-up.
The rules you choose to use is up to you.

In this picture the pattern used is:

down-up-up is an up trend

up-down-down is a down trend

trends change trade directions

down-up-up: IF up-down-up-down appears in up trend THEN trend is short until down-up-& a higher up than the highest up bar in the trend.
After up-down-down down-up-up alone reverses the trend.

up-down-down: IF down-up-down-up appears in the down trend THEN trend is long until up-down-& a lower down than the lowest down bar in the trend.
After down-up-up up-down-down alone reverses the trend.

Image

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
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 Mar 18, 2009 1:59 pm

Image

This is what I am looking at now to determine what my next trade will be.
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
es/pip
rank: 1000+ posts
rank: 1000+ posts
Posts: 2898
Joined: Wed Jan 21, 2009 9:28 pm
Reputation: 0
Gender: None specified

Postby es/pip » Wed Mar 18, 2009 2:21 pm

:shock:

Image


followed by :D

Image

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5248
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Wed Mar 18, 2009 2:28 pm

es/pip wrote::shock:

Image


followed by :D

Image


And to think that there are people who cannot make money trading...

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5248
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Wed Mar 18, 2009 2:35 pm

This is my current testplate:

Image
Attachments
testplatemo.tpl
(45.16 KiB) Downloaded 78 times

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


Return to “TheRumpledOne”