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Rat Reversal Trades - out of the ZONE
Posted: Tue Jul 27, 2010 7:30 pm
by bgbearnavy
TRO,
Do you ever take trades not in the RAT ZONE? If you do, how does one decide which ones to take?
Thanks,
Jesse
Posted: Tue Jul 27, 2010 8:21 pm
by TheRumpledOne
Yes, on occasion I do.
It is based on what I SEE.
Trading at prices ending in 00, 25, 50, 75.
Trading the Buy Zone at the daily or weekly open.
Trading Buzzard Reversals.
Trading 2 period break outs.
There are many trade triggers.
It is BEST to ONLY USE TRADING METHOD. If you use 2 or more, you can experience a long string of losses.
Posted: Tue Jul 27, 2010 8:32 pm
by trueblueTEX
What are "Buzzard Reversals"?
Posted: Tue Jul 27, 2010 8:40 pm
by TheRumpledOne
BUZZARD REVERSAL - after 3 or more consecutive like-colored H1 candles.. you wait for the current candle to reverse in color
Posted: Sun Aug 01, 2010 8:31 pm
by poltergeist
TheRumpledOne wrote:Yes, on occasion I do.
Trading the Buy Zone at the daily or weekly open.
TRO,
what you mean "daily/weekly open"?
0.01 am GMT, or when asia starts or when london starts?
Posted: Mon Aug 02, 2010 6:45 am
by TheRumpledOne
Weekly - when the market opens.
Daily - you pick the daily open for the session you are trading or use the default for your broker.
Posted: Mon Aug 02, 2010 6:54 pm
by jsme
TheRumpledOne wrote:BUZZARD REVERSAL - after 3 or more consecutive like-colored H1 candles.. you wait for the current candle to reverse in color
Ahh a set up I was able to notice before reading this post. I did not realize this is called the "BUZZARD REVERSAL"
Posted: Thu Sep 16, 2010 7:00 pm
by bettlebox
ref :Trading 2 period break outs.
TRO what is a 2 period break out?
Thanks
BB
Posted: Thu Sep 16, 2010 9:55 pm
by TheRumpledOne
2 period break out - For the last 2 bars, when price breaks out of the highest high or lowest low of the 2 bars.
Posted: Thu Sep 16, 2010 9:56 pm
by TheRumpledOne
jsme wrote:TheRumpledOne wrote:BUZZARD REVERSAL - after 3 or more consecutive like-colored H1 candles.. you wait for the current candle to reverse in color
Ahh a set up I was able to notice before reading this post. I did not realize this is called the "BUZZARD REVERSAL"
It is what I called it.