TheRumpledOne
6,407 posts
msg #64261
- Ignore TheRumpledOne |
6/23/2008 11:12:19 PM
Drop target is open minus x
Bounce target is low + y
So depending on open, x, low and y, you can have that (rare) condition.
|
TheRumpledOne
6,407 posts
msg #64263
- Ignore TheRumpledOne |
6/23/2008 11:13:43 PM
Alf44:
Just trying out new ideas, that's all.
The main "guts" of the filter are still intact.
Displaying different information.
Refining RFR trading into a "science".
|
alf44
2,025 posts
msg #64266
- Ignore alf44 |
6/23/2008 11:20:05 PM
TRO...
Just trying to skim the cream (as it were)...
Please feel free to "boil it down" for me...
Give me 2 or 3 posts (not counting the 1st post...I've read IT a FEW times) in this thread that will pull this "shrimp gumbo" together !!! tia
Regards,
alf44
|
TheRumpledOne
6,407 posts
msg #64271
- Ignore TheRumpledOne |
6/24/2008 2:23:29 AM
/* TRO STAT SCAN - TRAVEL GUIDE - TARGET EDITION */
Go back 1 page and look for that post.
Use it to "target" whatever stocks you like to trade.
It will give you run, pullback, drop and bounce targets.
Enter and exit accordingly.
|
alf44
2,025 posts
msg #64281
- Ignore alf44 |
6/24/2008 12:14:43 PM
...thanks, RumpledOne !!!
|
chip
67 posts
msg #64282
- Ignore chip |
6/24/2008 12:16:20 PM
TRO, on 6/23/2008 11:58:15 AM you wrote:
=============================
If daily candle is GREEN then RUN.
If daily candle is RED then DROP.
Simple.
==============================
Do you have any guidelines as to how much development
you want the daily candle to have? In other words, do you
give it X minutes, or maybe x.xx cents before deciding this
is gonna be a red or green day, not just normal open-time
bouncing around?
|
TheRumpledOne
6,407 posts
msg #64300
- Ignore TheRumpledOne |
6/24/2008 5:53:00 PM
NO. Not really.
Remember this is a guessing game...LOL!
|
chip
67 posts
msg #64306
- Ignore chip |
6/24/2008 8:02:42 PM
Thanks again for all this good stuff. SPF hit it's drop target, bounce target, and pullback targets today -- and I made another cool 2%.
|
alf44
2,025 posts
msg #64310
- Ignore alf44
modified |
6/24/2008 11:07:50 PM
...just trying to understand the "statistics"...
...am I correct in understanding that the "statistical targets" are based on the "5 day averages" of the various criteria ?
Is this correct ? tia
Regards,
alf44
|
TheRumpledOne
6,407 posts
msg #64335
- Ignore TheRumpledOne |
6/25/2008 2:58:22 PM
Alf44.. if you look at all the target filters I posted, you'll see that stats...
If you trade the stocks with the best stats, then you have a better than 50/50 stats in your favor.
You just take the 1% or 2% or more each and every day.
Simple, boring, yet profitable.
|