TheRumpledOne 6,529 posts msg #70238 - Ignore TheRumpledOne |
12/31/2008 10:22:56 AM
AAPL GAPPED DOWN ... that means LONG TRADES ONLY until gap fills.
Price entered BUY ZONE at OPEN + .10 - GO LONG
Take profit when you can.
AAPL filled the GAP, so now you can go SHORT if price enters the SHORT ZONE at OPEN - .10
That's all there is to it.
SIMPLE.
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TheRumpledOne 6,529 posts msg #70239 - Ignore TheRumpledOne modified |
12/31/2008 10:24:57 AM
mjg300:
SRS is a COW!!
Nice find, nice trading.
Perhaps you can answer the others' questions since you seem to understand.
Thanks.
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TheRumpledOne 6,529 posts msg #70240 - Ignore TheRumpledOne |
12/31/2008 10:34:34 AM
RIMM GAPPED UP - SO ONLY SHORT TRADES UNTIL GAP FILLS.
PRICE NEVER TOUCHED SHORT TRIGGER - SO NO TRADE YET
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mjg300 8 posts msg #70241 - Ignore mjg300 modified |
12/31/2008 10:35:25 AM
Nice TEACHING, TRO.
Thanks again, for a truly stunningly SIMPLE trading method.
Mike
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SFMc01 358 posts msg #70243 - Ignore SFMc01 |
12/31/2008 11:14:26 AM
TRO Thank you thank you.
I had interpreted something you had said elsewhere as to not use the long and short zones at all until after the gap had been filled.
Steve
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TheRumpledOne 6,529 posts msg #70244 - Ignore TheRumpledOne |
12/31/2008 11:17:38 AM
I don't know where you got that idea?!??!?!?!?
The idea is to use the FADE THE GAP STATISTICS along with the BUY ZONE, to have a winning edge that Vegas would kill for!!
The FIRST trade of the day is always FADING THE GAP when price enters the zone, ALWAYS!!!
And you never trade counter to the FADE until the gap has filled, ALWAYS!!!
Does that make it CRYSTAL CLEAR?
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TheRumpledOne 6,529 posts msg #70246 - Ignore TheRumpledOne |
12/31/2008 11:20:24 AM
Do you see how many gaps filled?
Do you see how much you could have made? (Hint: look at the GAP FILL COLUMN)
The HiOp column is HIGH - OPEN.
The OpLo column is OPEN - LOW.
Do you see how much you can make using the BUY ZONE to MILK THE COWS?
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TheRumpledOne 6,529 posts msg #70254 - Ignore TheRumpledOne |
12/31/2008 1:10:38 PM

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mjg300 8 posts msg #70258 - Ignore mjg300 |
12/31/2008 1:50:39 PM
ETF Cow Screen
/* TRO MTC CHECKER - ETFs */
set{ hiop, high - open }
set{ up10, count( hiop > 0.09, 100 ) }
set{ up50, count( hiop > 0.49, 100 ) }
set{ pct1, up50 / up10 }
set{winpct, 100 * pct1 }
add column up10
add column up50
add column winpct
up50 above 79
average volume(90) above 1000000
market is ETF
sort column 7 descending
...sorry, unaware of how to make it clickable!
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TheRumpledOne 6,529 posts msg #70260 - Ignore TheRumpledOne modified |
12/31/2008 2:38:13 PM
MILK THOSE ETF COWS!!
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