Reversal Trading System - page 24

 
Devil2000:
Yes Kaveh, I was on your room when you told us how to find that zone. Thanks for sharing

I was there too, how do you find the ZONE?

Thanks!

moneyline

 
moneyline:
I was there too, how do you find the ZONE?

Thanks!

moneyline

Hi Moneyline --

Just after you left Kaveh showed us -- its all in the chat attached below

Great to see you today

 
kiwigold:
Hi Moneyline --

Just after you left Kaveh showed us -- its all in the chat attached below

Great to see you today

Where is it 'attached'?

 

Today's Chat

Hi all --

I am attaching today's chat in doc format

We save in text -- when the chat gets big saving in rft is crashing our paltalk and corrupting the files -- so we gave that up

There is a LOT to learn in this chat -- excellent study material

Have a great day -- and Kaveh

Get Well Soon !!!

and

Thank you !!

Files:
 

open-close world market

Hi guys

MB we need this

 

How To Calculate the Safe Zone

Extracted from todays chat --

How to calculate the safe zone for safe trading

Files:
safe_zone.doc  38 kb
 

Thank you both, Naturalnetbg and Kiwigold.

moneyline

 

I don't think he actually follows all these rules all the time if you look at the trades posted in the Paltalk room. I think there is way too much discretion involved for this to be considered a system.

babarmughal:
Hi Kaveh,

As far as what I have understand from your system is to enter the market if the following conditions are true:

1-Stopreverse Arrow should appear

2-COG should be in the direction of arrow

3-Juice above 0.0007

4-Price should break H4 or L4 level

and then enter the market.....right

please correct me if I am wrong...

Thanks

Babar
 

Hi Guys

today level

H3=1.2638

PIVOT=1.2595

L3=1.2573

%38.2=1.2605

SELLZONE=1.2640-50

BUY ZONE=1.2550-60

Thx kaveh

 

Excellent recap of How To Find the Zone --

Thanks Fet0r

Fet0r: first you look for trend

determine it, if its up or down (from previous day)

now lets say trend is up like today

you take yesterday's us session high,

thats our SELL zone (1,2640-50)

now with buy zone, its more complicated

you take yesterday's US session low

and Asia's session LOW

Fet0r: substract asia low from us low

in our example its:

1,2592 - 1,2532

thats 60 pips, you devide by 2 this number

get half of it (30 pips today) and add it to yesterday's US session low

thats our BUY zone

its a bit complicated, but not hard if you practice on it a bit

So we get BUY zone = 1,2562 and SELL zone at 1,2650

Reason: