Never Lose Again!! TheRumpledOne

[TheRumpledOne 14]

 

RESULTS.

[TheRumpledOne 14]

 

“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)

 

They happen regardless of time frame (with the obvious limitations explained above)

 

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist.” - H. Rearden

 

 

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.

[TheRumpledOne 14]

 

RESULTS.

 

"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."

[TheRumpledOne 14]

 

 

"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)

 

They happen regardless of time frame (with the obvious limitations explained above)

 

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H. Rearden

 

 

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.

[TheRumpledOne 14]

 

RESULTS.

 

"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."

[TheRumpledOne 14]

 

OPPORTUNITY

[TheRumpledOne 14]

 

YOUR HOMEWORK...

 

Study this chart and find the entries.

Edited June 25, 2010 by TheRumpledOne

[TheRumpledOne 14]

 

RESULTS.

[TheRumpledOne 14]

 

"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)

 

They happen regardless of time frame (with the obvious limitations explained above)

 

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H. Rearden

 

 

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.

[TheRumpledOne 14]

 

RESULTS.

[TheRumpledOne 14]

 

"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)

 

They happen regardless of time frame (with the obvious limitations explained above)

 

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H. Rearden

 

 

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.

[TheRumpledOne 14]

 

RESULTS.

 

"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."

[lbj 10]

Wow, all these nice pics are inspiring...

 

(not to mention some of the ideas)

[TheRumpledOne 14]

 

1) price within 20 pips of the daily low - that is OPPORTUNITY

[TheRumpledOne 14]

 

RESULTS.

 

"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."

[lbj 10]

Anyone got any nominations for the prettiest-lookiing trading platform better than my PT multistation?

 

I can customize all the colors, put multi-colored indicators all over it, overlap and combine all the panels, etc...

[TheRumpledOne 14]

 

1) price within 20 pips of the daily low - that is OPPORTUNITY

[TheRumpledOne 14]

 

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.

[TheRumpledOne 14]

DRAIN THE BANKS - LIKE A RAT

 

 

1) Price within 20 pips of the daily low - that is OPPORTUNITY

 

2) Red candle closes

 

3) Ggreen candle closes - note the high price of the green candle.

 

4) Eenter long at the green candle's high price

 

5) STOP LOSS IS 10 PIPS

 

6) Take whatever profit you can.

7) If the rules do not mention it, then it is of no concern.

 

After getting many, many (Yale student type) questions, I have added rule #7.

[TheRumpledOne 14]

 

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.

 

7) If the rules do not mention it, then it is of no concern.

[TheRumpledOne 14]

 

RESULTS.

[TheRumpledOne 14]

 

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.

 

7) If the rules do not mention it, then it is of no concern.

[TheRumpledOne 14]

 

RESULTS

[TheRumpledOne 14]

 

"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)

 

They happen regardless of time frame (with the obvious limitations explained above)

 

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H. Rearden

[TheRumpledOne 14]

 

RESULTS