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GENERAL FOREX DISCUSSIONS Here you can post anything related to Forex, Stocks, The Economy, and anything that might affect any currency you are able to trade. You will find Forex News and all general currency related subject. Go to the Dedicated Currency Discussions to talk about currencies in active discussions. |
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#152 (permalink) | |
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![]() ClOp is Close - Open or how far up/down is the price from the open right now. HiOp is High - Open or how far UP did price move away from the open today. OpLo is Open - Low or how far DOWN did price move away from the open today. Today is one for the record books. <--------------------------------------------------------------------> ![]() OPPORTUNITY... <--------------------------------------------------------------------> ![]() In this case, the M5 candle was green at low + 20. The GREEN RAT BUS was leaving the station.
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#153 (permalink) | |
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![]() OPPORTUNITY... <--------------------------------------------------------------------> ![]() RESULT <--------------------------------------------------------------------> ![]() RESULT. <--------------------------------------------------------------------> ![]() ENCORE PERFORMANCE.
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#154 (permalink) | |
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![]() And again... <--------------------------------------------------------------------> ![]() OPPORTUNITY... <--------------------------------------------------------------------> ![]() RESULT.
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#155 (permalink) | |
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![]() OPPORTUNITY... <--------------------------------------------------------------------> ![]() RESULT. <--------------------------------------------------------------------> ![]() OPPORTUNITY... <--------------------------------------------------------------------> ![]() Results.
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#157 (permalink) | |
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Was your post OFF TOPIC?
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#158 (permalink) | |
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Forex Warrior
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Hello TRO......
I'd like to ask you a question without being naive.... Since, as you have said, you are a computer programmer and you have already have programmed many EA why don't you create and Robot that uses this method that you describe and give it to the public??? Is this possible to be done??? Is it possible to recognize an opportunity and make a trade?? Thanks |
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#159 (permalink) | ||
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![]() Opportunity.... Let's clear things up: 1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch. 2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart. 3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble. <--------------------------------------------------------------------> Quote:
There are many factors that have to be taken into consideration when programming for automatic trading. But even if I did code EAs, I would NEVER give the code away because if something goes wrong, your account can be wiped out. <--------------------------------------------------------------------> ![]() RESULTS. GREEN RAT REVERSAL - LONG ENTRY CRITERIA: 1) RED CANDLE CLOSES 2) GREEN CANDLE CLOSES 3) PRICE TOUCHES HIGH OF PREVIOUS GREEN CANDLE - ENTER LONG. STOP LOSS IS ALWAYS 10 PIPS.
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#160 (permalink) | |
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![]() <--------------------------------------------------------------------> ![]() RESULTS.
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#161 (permalink) | |
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![]() The first 2 green rat reversals were losing entries. Do you see a reason not to enter those trades? Hints: There are at least 2 reasons. Use your eyes to see - do not think about it. <--------------------------------------------------------------------> ![]() RESULTS. Reversals come in one of two flavors, "V" shaped or "U" shaped. This was a "U" shaped. <--------------------------------------------------------------------> ![]() OPPORTUNITY... <--------------------------------------------------------------------> ![]() RESULTS.
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#162 (permalink) | |
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![]() OPPORTUNITY... <--------------------------------------------------------------------> ![]() RESULTS. <--------------------------------------------------------------------> ![]() MORE RESULTS.
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#163 (permalink) | |
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![]() OPPORTUNITY... <--------------------------------------------------------------------> ![]() RESULTS.
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#165 (permalink) | ||
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![]() OPPORTUNITY... <--------------------------------------------------------------------> Quote:
<--------------------------------------------------------------------> ![]() RESULTS. <--------------------------------------------------------------------> ![]() OPPORTUNITY... <--------------------------------------------------------------------> ![]() RESULT.
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#166 (permalink) | |
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![]() OPPORTUNITY... ClLo < 20 Let's clear things up: 1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch. 2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart. 3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble. <--------------------------------------------------------------------> ![]() RESULT. 1) price within 20 pips of the daily low - that is OPPORTUNITY 2) red candle closes 3) green candle closes - note the high price of the green candle. 4) enter long at the green candle's high price 5) STOP LOSS IS 10 PIPS 6) Take whatever profit you can. "The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books." <--------------------------------------------------------------------> ![]() OPPORTUNITY... ClLo < 20... Let's clear things up: 1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch. 2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart. 3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble. <--------------------------------------------------------------------> ![]() RESULT. 1) price within 20 pips of the daily low - that is OPPORTUNITY 2) red candle closes 3) green candle closes - note the high price of the green candle. 4) enter long at the green candle's high price 5) STOP LOSS IS 10 PIPS 6) Take whatever profit you can. "The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#167 (permalink) | |
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Pippier Than Thou!
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This is obviously an IB trade. The high of the IB was exceeded by the candle with the white arrow under it but the pair remained below the daily open so I would only look to go short. Does the fact that the high of the IB was breeched, invalidate taking a short position once the low of the IB was broken?
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Pippin ain't easy, but it sho' is fun! Last edited by sniper012; 04-28-2010 at 19:44.. |
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#168 (permalink) | ||
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Contributor
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<--------------------------------------------------------------------> ![]() OPPORTUNITY... ClLo < 20 Let's clear things up: 1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch. 2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart. 3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble. <--------------------------------------------------------------------> ![]() RESULT. 1) price within 20 pips of the daily low - that is OPPORTUNITY 2) red candle closes 3) green candle closes - note the high price of the green candle. 4) enter long at the green candle's high price 5) STOP LOSS IS 10 PIPS 6) Take whatever profit you can. "The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#169 (permalink) | ||
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Pippier Than Thou!
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I was actually talking about the chart that I had attached to my post being an obvious IB trade, not the examples that you have on this thread.
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Pippin ain't easy, but it sho' is fun! |
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#170 (permalink) | |
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Contributor
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![]() OPPORTUNITY... ClLo < 20 Let's clear things up: 1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch. 2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart. 3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble. <--------------------------------------------------------------------> ![]() RESULT. 1) price within 20 pips of the daily low - that is OPPORTUNITY 2) red candle closes 3) green candle closes - note the high price of the green candle. 4) enter long at the green candle's high price 5) STOP LOSS IS 10 PIPS 6) Take whatever profit you can. "The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."
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IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#173 (permalink) | ||
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Contributor
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![]() OPPORTUNITY... ClLo < 20 Let's clear things up: 1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch. 2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart. 3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble. <--------------------------------------------------------------------> Quote:
<--------------------------------------------------------------------> Good trading is boring. <--------------------------------------------------------------------> ![]() RESULT. 1) price within 20 pips of the daily low - that is OPPORTUNITY 2) red candle closes 3) green candle closes - note the high price of the green candle. 4) enter long at the green candle's high price 5) STOP LOSS IS 10 PIPS 6) Take whatever profit you can. "The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books." <--------------------------------------------------------------------> ![]() Default OPPORTUNITY... ClLo < 20 Let's clear things up: 1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch. 2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart. 3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble.
__________________
IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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#174 (permalink) | |
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![]() RESULT. 1) price within 20 pips of the daily low - that is OPPORTUNITY 2) red candle closes 3) green candle closes - note the high price of the green candle. 4) enter long at the green candle's high price 5) STOP LOSS IS 10 PIPS 6) Take whatever profit you can. "The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."
__________________
IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT! You are on the internet - If you (google) search for it, you'll probably find it. |
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