TRO BUY ZONE - KEEP IT SIMPLE

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TheRumpledOne
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby TheRumpledOne » Tue May 12, 2015 3:07 pm

eurusdh1.png
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I would have to agree with MO....

I proved in real time in Pal Talk chat rooms sessions that you can get random entries ( I ask for 3 people to get me numbers between 00 and 99 inclusive ) and coded an indicator to place horizontal lines at those levels. Then I traded, PROFITABLY, when price hit those lines. Someone wrote and EA and lost. The EA traded 24/7 and I didn't.

The point is it is ALL AN ILLUSION... THERE IS NO SPOON!

However, some events have a tendency to repeat themselves more than others and that's why I use statistics to find those that do.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby dchappy » Tue May 12, 2015 4:45 pm

Well, whatever we call it ..illusion or fact ..it is making me $$... :smt023
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby MightyOne » Tue May 12, 2015 6:14 pm

dchappy wrote:Well, whatever we call it ..illusion or fact ..it is making me $$... :smt023


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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby MightyOne » Wed May 13, 2015 9:45 am

I wanted to exit at the red 'x' but all I get is a small HH, not enough to get out, and then the doji hits and I know what I'm in for.
Mr Jack Daniel's whispers in my ear "let them", huh?, "let them short 100, they will fail and we will have a good laugh".

Sure enough there is a giant bullish bar to zero them out...& normally that would be a great time to just GTFO but this situation is a little different because now we are dealing with false resistance as more traders attempt the short again.

Price stops at 100 and the next doji seals the deal; it is now 99.999% that price will push higher.

Instead of being afraid of what is happening you can simply put yourself in the other guys shoes & then recall the 10,000 times you've seen such a trade play out...anyways, the chart:

CADJPYM5.png
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Was also watching the EU WickZone short, irritated that no attempt was made to re-short.

Short term trading is not my thing, but it sure beats going to bed :lol:

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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby TheRumpledOne » Wed May 13, 2015 3:22 pm

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You SEE something works. A bunch of others tell you it doesn't work. What do you do?

I believe I created the Buy Zone over a decade ago. People are still saying it doesn't work.

But I SEE that it does...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby MightyOne » Wed May 13, 2015 6:22 pm

TheRumpledOne wrote:
eurusdh1.png


You SEE something works. A bunch of others tell you it doesn't work. What do you do?

I believe I created the Buy Zone over a decade ago. People are still saying it doesn't work.

But I SEE that it does...


"Trade what you see"
"Take what you can"
"...you see price close over something"

Do they see the trend?

A hammer doesn't pound the nails nor can it appreciate the work; yet traders put full faith in their tools as if
they were their most trusted adviser.

Put full faith in yourself and the tool will move to make you profit as if by magic!

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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby TheRumpledOne » Thu May 14, 2015 2:21 pm

usdchfh1.png
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The Buy Zone pays off again...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby dchappy » Thu May 14, 2015 4:37 pm

:smt023
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby dchappy » Fri May 15, 2015 12:12 am

From the 123 (ie:Rat ) back to the bz .
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby TheRumpledOne » Fri May 15, 2015 3:19 pm

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Another simple, profitable Buy Zone trade...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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