Never Lose Again

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

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:

you and your boxes...

Postby razorboy » Tue Jun 09, 2009 11:35 am

figuring out this riddle is what is holding me back!!!



First box - shows the biggest correction ( biggest advance that returned to its low - biggest retrace of the uptrend - and bounced) in the uptrend and the time - 7 bars



next box is 7 bars as well


In the counter trend, you are looking for price to fall below the low of the biggest correction in the uptrend, within the same amount of time that the correction took to complete itself...........


MightyOne wrote: YO HO YO HO THE PIRATES LIFE FOR ME!

Barry flavored TRO:

Image
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!

http://thejoshkerbelproject.com/

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

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:

Re: you and your boxes...

Postby razorboy » Tue Jun 09, 2009 1:30 pm

correction to the below

Reversal when price does not return to high within the same amount of time as the largest correction within the previous trend.

Largest (and only) correction in the uptrend was 7 hours

After a new high, price fell and did not correct within that same time frame - go short

razorboy wrote:figuring out this riddle is what is holding me back!!!



First box - shows the biggest correction ( biggest advance that returned to its low - biggest retrace of the uptrend - and bounced) in the uptrend and the time - 7 bars



next box is 7 bars as well


In the counter trend, you are looking for price to fall below the low of the biggest correction in the uptrend, within the same amount of time that the correction took to complete itself...........


MightyOne wrote: YO HO YO HO THE PIRATES LIFE FOR ME!

Barry flavored TRO:

Image
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

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:

bar counting......

Postby razorboy » Tue Jun 09, 2009 2:35 pm

MO,

In the most recent run up on the EUR/US it looks like there are two potential box areas that could be considered correction - where price fell
one of 3 bars (2 actually - right next to each other and one of 6 bars

I think I may be answering my own question based on follow up price action, but which of these boxes (or neither - you could argue that price never came completely back down) would you use to judge your entry for the reversal trade.

3 bar box
Image

6 bar box

Image
or were neither of them good boxes ?
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

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:

another box shot...........

Postby razorboy » Tue Jun 09, 2009 2:55 pm

lets try this one.......i think i see my goof up before

Image
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5251
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 47
Gender: Male

Postby MightyOne » Tue Jun 09, 2009 3:43 pm

That is just horrible...
color your wicks black and try again.

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

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 » Tue Jun 09, 2009 4:54 pm

I think this looks better - looks like 7 15 minute bars from the green to the green

Image
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

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:

or is it.........

Postby razorboy » Tue Jun 09, 2009 5:07 pm

a few more bars over where you get a retest and move up - 11 bars in total

Image
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

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:

in search of the perfect box

Postby razorboy » Tue Jun 09, 2009 6:18 pm

i think this is better.....

Image
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

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 » Tue Jun 09, 2009 6:29 pm

wow - the difference between feeds...................
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

User avatar
rowdy
rank: 150+ posts
rank: 150+ posts
Posts: 157
Joined: Fri Feb 20, 2009 1:22 pm
Reputation: 0
Location: Murfreesboro, Tennessee
Gender: Male

Postby rowdy » Tue Jun 09, 2009 10:47 pm

Sorry Razor and MO, please let me briefly interrupt.

I have edited my post on the modification to the teoman scalping strategy.
After backtesting, it is apparent to me that you can still get caught in a breakout. Sometimes the Sema 3 and MA Cross happens really early.
I have yet to come up with a stoploss that works at this point. Razor may be right in his analysis on trading semafors.

I am clearly getting to the point where I am just getting good enough at this to be dangerous. If you still decide to try this and if the price goes against you 3 times and keeps moving away, cry uncle and bail out. I sincerely apologize if anyone has lost any real money because of me. I sincerely thought I was really on to something here.
All I need is Supply and Demand

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


Return to “TheRumpledOne”