SFMc01 358 posts msg #70243 - Ignore SFMc01 |
12/31/2008 11:14:26 AM
TRO Thank you thank you.
I had interpreted something you had said elsewhere as to not use the long and short zones at all until after the gap had been filled.
Steve
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TheRumpledOne 6,411 posts msg #70244 - Ignore TheRumpledOne |
12/31/2008 11:17:38 AM
I don't know where you got that idea?!??!?!?!?
The idea is to use the FADE THE GAP STATISTICS along with the BUY ZONE, to have a winning edge that Vegas would kill for!!
The FIRST trade of the day is always FADING THE GAP when price enters the zone, ALWAYS!!!
And you never trade counter to the FADE until the gap has filled, ALWAYS!!!
Does that make it CRYSTAL CLEAR?
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TheRumpledOne 6,411 posts msg #70246 - Ignore TheRumpledOne |
12/31/2008 11:20:24 AM
Do you see how many gaps filled?
Do you see how much you could have made? (Hint: look at the GAP FILL COLUMN)
The HiOp column is HIGH - OPEN.
The OpLo column is OPEN - LOW.
Do you see how much you can make using the BUY ZONE to MILK THE COWS?
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TheRumpledOne 6,411 posts msg #70254 - Ignore TheRumpledOne |
12/31/2008 1:10:38 PM
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mjg300 8 posts msg #70258 - Ignore mjg300 |
12/31/2008 1:50:39 PM
ETF Cow Screen
/* TRO MTC CHECKER - ETFs */
set{ hiop, high - open }
set{ up10, count( hiop > 0.09, 100 ) }
set{ up50, count( hiop > 0.49, 100 ) }
set{ pct1, up50 / up10 }
set{winpct, 100 * pct1 }
add column up10
add column up50
add column winpct
up50 above 79
average volume(90) above 1000000
market is ETF
sort column 7 descending
...sorry, unaware of how to make it clickable!
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TheRumpledOne 6,411 posts msg #70260 - Ignore TheRumpledOne modified |
12/31/2008 2:38:13 PM
MILK THOSE ETF COWS!!
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TheRumpledOne 6,411 posts msg #70264 - Ignore TheRumpledOne |
12/31/2008 4:02:12 PM
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TheRumpledOne 6,411 posts msg #70265 - Ignore TheRumpledOne |
12/31/2008 4:08:21 PM
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johnsund 16 posts msg #70299 - Ignore johnsund |
1/1/2009 5:06:45 PM
TRO -
Continue to read and learn. From this thread and kreslik.com come up with these questions:
1. In one of your posts you say, "the only chart indicators I use are the buyzone and my dynamic support/resistance". Could you please post the dynamic support/resistance indicator. If it is TRO_Dynamic_FibsSR I have that. You also say, "I also may use my TRO_PMSM_HL". How and when would you use this?
2. In one of your posts you say, "limit orders should be preloaded". Could you please expand on that or direct me to a specific area to review. I understand the need for and how to enter a limit order at the open in a Fade the Gap trade at the open.
3. In one of your posts you refer to Money Management Matrix. Can you explain this or refer to a link?
As always, thanks for all you do. Happy New Year.
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TheRumpledOne 6,411 posts msg #70300 - Ignore TheRumpledOne |
1/1/2009 7:15:30 PM
You don't need any of that.
KEEP IT SIMPLE.
Just MILK THE COWS.
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