TheRumpledOne 6,529 posts msg #70657 - Ignore TheRumpledOne |
1/13/2009 3:55:57 PM
johnpaulca
1/13/2009 11:55:40 AM
It was a sad day for my indicators, I finally had the nerve to dump them. I am now enrolled in Indicators Anonymous.
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If you are making money, then DO NOT CHANGE A THING.
I don't understand what the reason is for you dumping your indicators?
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TheRumpledOne 6,529 posts msg #70658 - Ignore TheRumpledOne |
1/13/2009 3:57:18 PM
nojobmaui
1/13/2009 2:08:01 PM
Thank you JP, my gosh TRO simple, how can you gain 1.00 on AAPL in first 20 minutes, c'mon that just not possible LOL
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What are you laughing about?
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TheRumpledOne 6,529 posts msg #70659 - Ignore TheRumpledOne |
1/13/2009 4:02:15 PM

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johnpaulca 12,036 posts msg #70661 - Ignore johnpaulca |
1/13/2009 4:39:14 PM
Avery: I kept my BB40 indicator, it keeps me out of trouble. For us guys with day jobs we can react allot more quickly if we only have to look at buyzones instead spending time interpreting indicators.
I traded APOL(cow) today using both BZ and BB40.

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nojobmaui 19 posts msg #70662 - Ignore nojobmaui |
1/13/2009 5:03:12 PM
What are you laughing about?
Im laughing on my way to the bank
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nojobmaui 19 posts msg #70663 - Ignore nojobmaui |
1/13/2009 5:07:08 PM
TRO what other sites do you post? Thank you
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chetron 2,817 posts msg #70664 - Ignore chetron |
1/13/2009 5:07:51 PM
TheRumpledOne
- Ignore TheRumpledOne
modified 1/13/2009 11:43:52 AM
John:
You keep moving the BUY ZONE.
The Buy Zone for stocks is FIXED at the open.
But if you found another way to make it work for you, that's all that matters TO YOU!!
There is no RIGHT/WRONG...
Only PROFITABLE/UNPROFITABLE!!
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ISN'T THIS THE CRUX OF TRUE TROISM?
YOU CAN MAKE MONEY ON ANY HORIZONTAL LINE
THE MARKET IS DYNAMIC
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TheRumpledOne 6,529 posts msg #70667 - Ignore TheRumpledOne |
1/13/2009 8:20:04 PM
Not exactly chetron!
The Buy Zone lines are placed according to STATISTICS!!
It is true that you can randomly place horizontal lines and still make money.
But you get an "edge" when you use statistics in your favor.
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TheRumpledOne 6,529 posts msg #70668 - Ignore TheRumpledOne |
1/13/2009 8:21:35 PM
nojobmaui
1/13/2009 5:07:08 PM
TRO what other sites do you post? Thank you
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I mainly post on www.kreslik.com. That's where you can find my free indicators for eSignal, TradeStation and MT4.
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Eman93 4,750 posts msg #70671 - Ignore Eman93 |
1/13/2009 10:29:43 PM
I have no statistics to back this up but, what I have observed in watching cow stocks.
You seem to have a higher probability of a reversal if price moves above (long) the halfway price point of the previous candle, (candle before the last red bottom candle), on a 5 min chart.
it seems to be a mini resistance point.
What the probabilities are I have no way of calculating.
Also from TRO even dollar and 0.25 dollar points tend to be support and resistance.
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