TheRumpledOne 6,411 posts msg #68918 - Ignore TheRumpledOne |
10/31/2008 4:29:02 PM
qewcool
modified 10/31/2008 3:20:16 PM
Thanks for the thread TRO
Havent read all of it yet but catching the ideas.
questions for you:
1) if trading MTC and Fill the Gap on same stock (ie APPL for example) : is there a cutoff time when you dont hope for a gap fill anymore (ie after 10:30 AM for example ??) , accept that there wont be a gap fill that day and just concentrate on MTC ?
2) As far as I understand MTC is the same thing as Buy zone and Sell Zone method ?
3) How do RFR integrate with the 2 previous method during the day ?
For Fill the Gap its basically look for a gap fill in that stock with high gap fill probability if there is a gap. If no gap fill move on
For MTC its look for buy zone sell zone trigger throughout the day and catch the move of 1$ or 2$ whatever is highest probability from scan. The beauty is that with Fill the Gap you can use the MTC zones as trigger as well.
but how is RFR used in conjunction with those 2 ?
Thanks
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1) I am NOT really concerned about FILLING THE GAP. I am concerned about taking profit off the table. Usually done in 30 - 60 minutes with round 1. If alerted later in the day, I may take the trade.
2) MILKING THE COW ( MTC ) is what I call it when I am using the BUY ZONE to trade the "cow" stocks.
3) RUN FOREST, RUN (RFR) has ABSOLUTELY NOTHING TO DO WITH THE BUYZONE / MTC / FTG. NOTHING AT ALL!!
Fading the Gap (FTG) just tells me which way to trade, either LONG or SHORT. The BUY ZONE TRIGGERS are the ONLY ENTRIES I will take 99% of the time. Every now and then, I do get a "wild hair"...lol
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qewcool 5 posts msg #68919 - Ignore qewcool |
10/31/2008 5:06:05 PM
1) I am NOT really concerned about FILLING THE GAP. I am concerned about taking profit off the table. Usually done in 30 - 60 minutes with round 1. If alerted later in the day, I may take the trade.
2) MILKING THE COW ( MTC ) is what I call it when I am using the BUY ZONE to trade the "cow" stocks.
3) RUN FOREST, RUN (RFR) has ABSOLUTELY NOTHING TO DO WITH THE BUYZONE / MTC / FTG. NOTHING AT ALL!!
Fading the Gap (FTG) just tells me which way to trade, either LONG or SHORT. The BUY ZONE TRIGGERS are the ONLY ENTRIES I will take 99% of the time. Every now and then, I do get a "wild hair"...lol
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Thanks for reply. Your experience is very much appreciated.
concerning 3) : RFR is basically scan for highest probability of days runner 4% or more. how do you trade those ?
If i understand correctly MTC is scan for probability of 1$ move when stock moved 0.10$ for example ... so basically you are scalping here. catching small move.
But what is strategy to use RFR scan results ? what do you use as trigger to determine when Forest is running ?
Is it :
a) waiting for it to take out the current day high ?
b) waiting for it to take the previous day high ?
c) or something else ?
Thanks for sharing.
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CKING 17 posts msg #68925 - Ignore CKING |
11/1/2008 12:22:26 AM
Hi TRO, I might get "ass off" for asking this. Where would I go to get a chart like yours with those horizontal lines too? I am trying to get my head over the faded gap and filled gap. I haven't start trading yet but wanting to paper trade. Many thanks for the posts to help us newbies.
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TheRumpledOne 6,411 posts msg #68926 - Ignore TheRumpledOne |
11/1/2008 2:11:51 AM
But what is strategy to use RFR scan results ? what do you use as trigger to determine when Forest is running ?
Is it :
a) waiting for it to take out the current day high ?
b) waiting for it to take the previous day high ?
c) or something else ?
Thanks for sharing.
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Look at the RFR Travel Guide.
My favorite trade is the drop/bounce... watch it drop, then catch the bounce.
I also like the overnight hold and catch the morning POP.
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TheRumpledOne 6,411 posts msg #68927 - Ignore TheRumpledOne |
11/1/2008 2:14:50 AM
CKING
11/1/2008 12:22:26 AM
Hi TRO, I might get "ass off" for asking this. Where would I go to get a chart like yours with those horizontal lines too? I am trying to get my head over the faded gap and filled gap. I haven't start trading yet but wanting to paper trade. Many thanks for the posts to help us newbies.
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The charts I post are from TradeStation.
But I have them on eSignal and QuoteTracker, too.
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meirkl 7 posts msg #68930 - Ignore meirkl |
11/1/2008 8:34:24 AM
Hi TRO,
As a TradeStation user, how can I use your NEVER LOSE AGAIN indicators?
Can I get it in Easy Language?
And how or where can I learn more about your indicators for TradeStation?
Thanks,
Meir
meir@meir-1.com
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TheRumpledOne 6,411 posts msg #68933 - Ignore TheRumpledOne |
11/1/2008 11:11:23 PM
Go to www.kreslik.com and register for free
Log in
Go to the download section and download the TradeStation Motherlodes.
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TheRumpledOne 6,411 posts msg #68934 - Ignore TheRumpledOne |
11/1/2008 11:17:08 PM
You can do it with eSignal, too.
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meirkl 7 posts msg #68940 - Ignore meirkl |
11/2/2008 2:40:44 PM
Thanks TRO
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StJoe 91 posts msg #68942 - Ignore StJoe |
11/2/2008 6:54:20 PM
Like TRO, I really like the drop-bounce too. I blieve its when you buy is when you make your money. So I look for when the stock goes on clarence, not jsut on sale.
With that I am currrentlyy looking at YTBLA,
TRO is has very low volume. I set a limit buy at .40 on Friday but it never droped. I am considering doing the same Monday morning. Being that the regular RFR'ers are very high I was looking at YTBLA and woundered what you thought about it?
TIA
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