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  #441 (permalink)
 TheRumpledOne 
Tucson, AZ
 
Posts: 413 since Aug 2009



10 pips is 10 pips


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  #442 (permalink)
 TheRumpledOne 
Tucson, AZ
 
Posts: 413 since Aug 2009



Knowing the stats helps me trade like a "rat".


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  #443 (permalink)
 TheRumpledOne 
Tucson, AZ
 
Posts: 413 since Aug 2009




Knowing the frequency distribution of wicks sizes helps me with reversals.


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  #444 (permalink)
 TheRumpledOne 
Tucson, AZ
 
Posts: 413 since Aug 2009



Knowing the frequency distribution of range also helps me with reversals.

The rat "knows" these things.


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  #445 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
Legendary Market Wizard
 
Experience: Intermediate
Platform: Charles Schwab
Broker: Charles Schwab
Trading: Gold/Silver Fertilizers
Frequency: Other
Duration: Months
Posts: 2,111 since Jun 2009
Thanks Given: 1,785
Thanks Received: 3,311

For you LBR fans...... classic three pushes with pullbacks to the 20 EMA


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  #446 (permalink)
 TheRumpledOne 
Tucson, AZ
 
Posts: 413 since Aug 2009



Remember what H. Rearden said?

"Now, 2 patterns of market behavior happen on a regular basis:

1) the price breaks to new high's (or low's)

2) the price reverses from new high's (or low's)"


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  #447 (permalink)
 TheRumpledOne 
Tucson, AZ
 
Posts: 413 since Aug 2009



I also trade the Asian Box Breakout.


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  #448 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
Legendary Market Wizard
 
Experience: Intermediate
Platform: Charles Schwab
Broker: Charles Schwab
Trading: Gold/Silver Fertilizers
Frequency: Other
Duration: Months
Posts: 2,111 since Jun 2009
Thanks Given: 1,785
Thanks Received: 3,311

Sounds like a magic trick. I think that Cunparis has been attempting this sort of approach with no indicators.( the "feb" approach)


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  #449 (permalink)
 TheRumpledOne 
Tucson, AZ
 
Posts: 413 since Aug 2009



I look at the fib retracement on the H1.


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  #450 (permalink)
 TheRumpledOne 
Tucson, AZ
 
Posts: 413 since Aug 2009




Sometimes I will take profit at the 23% fib retracement of the previous day's candle.


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