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sell previous week high buy previous week low

  • #1
  • First Post: Feb 4, 2009 11:38am Feb 4, 2009 11:38am
I have great success taring this way
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #2
  • Feb 4, 2009 12:00pm Feb 4, 2009 12:00pm
zamanib as you've posted in the trading system section we'd appreciate if you could be a little more specific about the system

thanks for your contribution

  • #3
  • Feb 4, 2009 1:32pm Feb 4, 2009 1:32pm
Quoting fugly
zamanib as you've posted in the trading system section we'd appreciate if you could be a little more specific about the system

thanks for your contribution

It is about support and resistance
sell the previous week high and buy the previous week low
look for news
option expirations
weekly range
fib retrace 61.8
matingale it if goes against you to the 4 level you have for chance for it to retrace
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #4
  • Feb 4, 2009 4:24pm Feb 4, 2009 4:24pm
where do you take profit and if it goes against you more than 4 levels do you continue averaging down? Do you average down with the same number of lots at each level?

Can you post performance statistics please

thanks
  • #5
  • Feb 20, 2009 2:37pm Feb 20, 2009 2:37pm
He will sell you his system for $99.00 for a full YEAR OF "support". Watch, he will try to get you to contact him offline, where he will "explain" all you get for your money (or rather what he gets for your money).
  • #6
  • Feb 20, 2009 2:59pm Feb 20, 2009 2:59pm
I do this with a little different twist.

I put orders in on Friday to buy NEXT week's low and sell NEXT week's high

http://predictions.astrology.com/fortuneteller.html
  • #7
  • Feb 20, 2009 3:22pm Feb 20, 2009 3:22pm
here we go again!!! this guy is a cancer.
  • #8
  • Feb 20, 2009 3:34pm Feb 20, 2009 3:34pm
Quoting criss73
here we go again!!! this guy is a cancer.
Yes, I watched him on tsd try to get people to contact him on Yahoo IM, so I did. he is at saudiforex. he explained the system a little bit, just enough to tell me that if I wanted the whole system it would cost $99.00.
  • #9
  • Feb 20, 2009 3:35pm Feb 20, 2009 3:35pm
Quoting billbss
I do this with a little different twist.

I put orders in on Friday to buy NEXT week's low and sell NEXT week's high

http://predictions.astrology.com/fortuneteller.html
I'd pay $99.00 for your system any day, Bill!
  • #10
  • Last Post: Feb 20, 2009 3:40pm Feb 20, 2009 3:40pm
I see some merit in the system if you buy on green D1 candles and sell on red D1 candles....


http://i39.tinypic.com/23keyjq.gif


or a least wait for price to be moving up to buy at the weekly low and price to be moving down to sell at the weekly high.

http://i40.tinypic.com/dnixxz.gif
TRO
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