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 6,529 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 6,529 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 6,529 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 6,529 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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CKING 17 posts msg #68943 - Ignore CKING |
11/2/2008 8:25:47 PM
TRO, your advices and filters are great! I loved them, as I am learning to paper trade thro Optionsxpress, I found that buy and sell on the same day requires $25k which is too big a deposit for me. Is there any way I could get round this? Thanks again.
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