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bullrock replied Sep 18, 2007I need to figure out this better. It does not always work in case of shorts. That is the probability that the next bar will close lower is less than 50%.. I will find something. Later today
Three Bar Scalp Method w Probability
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bullrock replied Sep 18, 2007Hi Cmartin371, Close higher than the previous close. Regards bullrock
Three Bar Scalp Method w Probability
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bullrock replied Sep 17, 2007I know that system. I am using a variation of that. Only one MA and instead of three bars I am using 2 bars.
Three Bar Scalp Method w Probability
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bullrock replied Sep 17, 2007I have a new filter. Whether it is gapping or not the only requirement that the open of the "trade bar" in case of longs should equal or higher than the close of the signal bar... In case of short the open of the trade bar should be lower or equal ...
Three Bar Scalp Method w Probability
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bullrock replied Sep 17, 2007Hi Marcy Here is an example. On 6th of December 2001 (the first large blue bar after the red bar) closed higher than the previous bar, though it is a bear bar. The next bar to the bar opened at the same level as the previous close or higher. The RSI ...
Three Bar Scalp Method w Probability
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bullrock replied Sep 17, 2007Thank you birdt — Thank you for your compliments. I have three systems like that.. One is like the simple system, MA based, the other is this one, oscillator based and the third one is breakout based. All three emply the same MM and I have ...
Three Bar Scalp Method w Probability
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bullrock replied Sep 17, 2007My uncle is learning to trade FOREX.. I said to him WATTAHELL... Oooohh. And this morning he told me what to do.. What to buy and what to sell because this and that will happen.. I said to him that you are no better than the weather prediction ...
Cable Update (GBPUSD)
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bullrock replied Sep 17, 2007Things like.... EU is organizing its own army... The middle east is trying to set up an oil exchange denominated in euros... (This a hard ball to the US)... And chinese leaders are trying to build up good relations with the middle east and trying to ...
Cable Update (GBPUSD)
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bullrock replied Sep 17, 2007Dollar/Pound 1:4
Where the hell is BRAVADO and SOROS_JRCable Update (GBPUSD)
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bullrock replied Sep 17, 2007I've stopped having opinions/thoughts/predictions.... I am just reacting....
Cable Update (GBPUSD)
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bullrock replied Sep 17, 2007Well you've got the point. I've used the term "money management" as an umbrella expression. In-Trade management yep. That is the most important.IMHO. In short where the hell you exit.??? And I've thought position management = money management. Why? ...
Good Money Management techniques revealed.
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bullrock replied Sep 17, 2007auslanco will overtake us soon... The viewing number has been already exceeded
Cable Update (GBPUSD)