HOW TO MAKE 100 PIPS

[TheRumpledOne]

HOW TO MAKE 100 PIPS




Yellow line - daily open

Aqua line - daily high to daily low

Orange line - daily high or daily low, whichever is most recent, to current price

Horizontal grid at prices ending in "00".


Do you SEE IT?

Hint: Think BuyZone!

[winny]

Beautifull......
Indeed...daily open...think Buyzone

[prochargedmopar]

Nice!

[ajaymein]

If you look at the daily chart, you can actually trade based on the making of daily wicks. Say price opened at 1.3000 and went down to 1.2950. At this point, there are no wicks on the current daily candle so this movement down might create a wick and reverse. If price retreats back to the daily open price, you BUY around 1.3000 and ride it up for some pips.

Haven't tested it, but just looking at daily candles you can see that this would be profitable if you just waited for price to retreat back past the daily open.

Any comments or ideas?

[yesnj00]

Dear TRO:

Your posts and images are very exciting but I really can not understand any of them . I am sure you are a devoted trader who likes to help other but I can not find one piece of information on your posts that I can use.
For example, looking at your image below; what is your intent of these lines? How do you get all these numbers/indicators and how do you use them? What do you mean by DO YOU SEE IT? What is the buy zone? It is always a puzzle reading your posts.
Is there a source or location where I can find an organized explanation to any of your trading systems?
Trading is frustrating enough

Best of luck trading
Cheers
Sam

[TheRumpledOne]

Keep reading.

[prochargedmopar]

Read the Never lose again thread from At least Dec. 12. Or start with the first 100 pages on babypips.com and then come back here and read kresliks version. Awesome stuff.

TRO,
The 100 pips didn't work out on Gbp/usd today. It does has big potential though.

From what I saw today, the g/u went into consolidation after a trend. It was trading inside an 80pip box range.
Check me out on this.......
Peter Crowns says if up for the day go up and if down for day go down. Wasn't this in the pits of the stock market?
Forex is 24hr market. No gaps. What is a day and when. It's seems continuous to me and we are either trending or consolidating. We could just look and see what's up and go with it.

Here's why I say this. Today I did not trade long when it was below the open and did not trade short when it was above. By the time it crossed it had already made a 40ish pip run and did not think it was good to take a trade at the upper part of a wave. If I would have been taking the Z-line trades long and short I had an 80 pip range to trade between where as only above or below open limited my potential greatly and shortened the trading range between resistance/support.

What do you think about just analyzing trend and going with it using your indicators? Or our eyes? lol
I'll try the 100 pip thing tomorrow but keep a close eye on the "trend" also.
Uh oh, Fridays are the crazy days..........may wait till Monday.
Pro

[TheRumpledOne]

Trade what YOU see.

[prochargedmopar]

I knew you were going to say that.......you little turd. lol
Ok, I will.
Pro

Sorry about the run-on sentence. Tough read.

[ahmedalhoseny]

HOW TO MAKE 100 PIPS




Yellow line - daily open

Aqua line - daily high to daily low

Orange line - daily high or daily low, whichever is most recent, to current price

Horizontal grid at prices ending in "00".


Do you SEE IT?

Hint: Think BuyZone!

Dear TRO How we use that information for 100 pips target we need more clarification

Thanks in advance