| StockFetcher Forums · General Discussion · The OPENING BAR | << 1 2 3 >>Post Follow-up |
| TheRumpledOne 6,411 posts msg #68277 - Ignore TheRumpledOne |
10/10/2008 1:13:38 PM
Maybe charts will make it easier to see and understand. |
| gchen 11 posts msg #68350 - Ignore gchen |
10/13/2008 1:22:16 AM TRO I am very interested in your MTC and FTG From the above sample charts, AAPL gapped down...fade the gap and then dropped below SELL ZONE in the first couple minutes, it soon popped up and crossed above BUY ZONE. In the case like this, is it correct in your practice to sell-short first and switched to LONG when it rose above BUY ZONE? It's all happened in 5 minutes...........just wish to clearfy if I understand right. Thanks |
| TheRumpledOne 6,411 posts msg #68358 - Ignore TheRumpledOne |
10/13/2008 9:43:35 AM
Yes and No. Usually, I will only trade in the direction of the GAP FILL until it fills. That's the FTG part. But sometimes I just MTC every chance. |
| TheRumpledOne 6,411 posts msg #68366 - Ignore TheRumpledOne |
10/13/2008 10:42:58 AM
Has gapped filled? NO Will I go long? NO |
| TheRumpledOne 6,411 posts msg #68367 - Ignore TheRumpledOne |
10/13/2008 10:44:29 AM
Do you see how sticking to simple rules are profitable? |
| johnpaulca 12,036 posts msg #68373 - Ignore johnpaulca |
10/13/2008 11:57:25 AM Avery...what is the mid line??? tia |
| TheRumpledOne 6,411 posts msg #68375 - Ignore TheRumpledOne |
10/13/2008 12:09:42 PM ( High Today + Low Today ) / 2 = Midpoint Today. Simple. Some people like to use the pivot ( high + low + close ) / 3. |
| StockFetcher Forums · General Discussion · The OPENING BAR | << 1 2 3 >>Post Follow-up |