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TheRumpledOne
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Postby TheRumpledOne » Tue Oct 28, 2008 5:12 pm

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Deja Vu
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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xmess7
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Postby xmess7 » Tue Oct 28, 2008 5:17 pm

Afro88 wrote:Take a look at the 4th bar on the consecutive 3's on past charts and even if the 4th bar is also of the consecutive colour it always has a wick indicating that at some point it was the opposite colour. In seeing this, you know even if the 4th bar is forming as consecutive at some point it will change direction and change to the opposite colour. So taking profit at that change should work nearly always!



Great observation bro. I call it taking the wicks :). Instead of concentrating on only the fat part of the candle why not take the wick?
It adds up no?

I've been taking entries on the formation of the third candle itself. This is especially so when it crosses a H1 fib I place. There are so many triplets with good range, so I take the last one for a ride.

xmess7
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Postby xmess7 » Tue Oct 28, 2008 5:24 pm

pierre23 wrote:Image



Bro, what made u short at 150.16? I don't believe the candle was red at that moment. Enter at different TF?

thnx
Jess

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TheRumpledOne
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Postby TheRumpledOne » Tue Oct 28, 2008 5:26 pm

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What goes up...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby TheRumpledOne » Tue Oct 28, 2008 5:33 pm

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USDCAD, USDCHF... doesn't matter...LOL!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby TheRumpledOne » Tue Oct 28, 2008 5:46 pm

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All you have to do is manage the money with this system.

TP = 15

SL = 10

Commission = 4 ( this is HIGH )

As you can see, if you win 6 out of 10 you make money.

But you are going to win 8, 9 or 10 out of 10 with the BUZZARD Strategy.
Last edited by TheRumpledOne on Tue Oct 28, 2008 6:00 pm, edited 1 time in total.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby TheRumpledOne » Tue Oct 28, 2008 5:55 pm

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A harsh and hostile environment. Every
trader tries to take money from everyone
else. Everyone is trying to make money at
everyone else?s expense. It is a uniquely
harsh environment, everyone is against
you and you are against everyone else.
One analyst compares it to a medieval
battle - a man used to go to the battleeld
and hill his adversary while his opponent
tried to do the same to him. The winner
took the loser?s weapons, his chattels and
sold his wife and children into slavery.
Today traders to battle on the Exchanges
instead of on the eld. When you take
money away from a trader, it is not that
different from drawing blood, he may
los his home, his chattels, and his wife
and children may also suffer. Is this
description a bit exaggerated? Perhaps;
however, there is no denying how hostile
the trading environment feels when you
trade in it, to stand alone can be, and is,
uncomfortable.

- Windsor Advisory Services
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Tue Oct 28, 2008 6:07 pm

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Investors spend millions each year on ?Holy
Grail? trading methods, books and tapes
that they believe will give them regular
and consistent prots from the market,
with low drawdowns. These people will
never make money; in trading there are
no certainties, only probabilities, and a
trader must accept this if he is to make
money.

- Windsor Advisory Services
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Tue Oct 28, 2008 6:22 pm

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Typically a bull market starts in a period of uncertainty or fear. As more buyers enter the market, prices rise and condence appears. As prices rise, the more greed and hope that prices will continue upwards for the foreseeable future. After a period everyone has bought, and there is no one left to push prices higher, a small number of investors exit the market, fear emerges, and there is a mad scramble to exit the market. This scenario to a greater or lesser degree occurs in all investment markets.

- Windsor Advisory Services


Has the LIGHT BULB come on yet?

Has it hit you like a TON OF BRICKS yet?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Tue Oct 28, 2008 7:05 pm

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It helps us to operate in an
unstructured environment by giving us a
greater understanding of it. The best you
can do is understand the original conditions
that give rise to probable future events,
and act accordingly. This may sound
disheartening, it is not. By understanding
chaos, you will be able to keep the odds
rmly in your favour. If you can do that,
you will end up making a lot of money
from your trading, year in year out.

- Windsor Advisory Services
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 add www.kreslik.com to your ad blocker white list.
Thank you for your support.


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