Powered by Jitbit Asp.Net Forum free trial version.
home recent topics recent posts search faq  

MicroTrends NinjaTrader Forum


register | lost password   open id
Messages in this topic - RSS

Home » NinjaTrader Discretionary Trading Forex, Futures and Equities » Traders Vic’s 2B Top and Traders Vic’s 2B Top

Discretionary Trading Systems, training chart posts - Posts, questions and discussions
show rated messages only |
10/09/2010 11:13:41

forum
forum
Administrator
Posts: 387 		MT3
The MT3 already uses that pattern
http://microtrends-ninjatrader.blogspot.com/2010/09/gbpusd-forex-trade-mt3-short-quick.html
The setup is a new high or low
The trade entry is a structure breakdown – ie close below the candle low or high

Even better – combine it with a pullback with trend
http://microtrends-ninjatrader.blogspot.com/2010/09/combining-range-trading-and-trend.html

I often use it at with the open – an open rejection –
http://s3.amazonaws.com/files.posterous.com/microtrends/S1UdbBpHMuBd4NMdEf1qoyNCiTRlFU0NcEeLeyfX2ECnd20wfScSjVK0wPfK/GBPUSD_10_Min_09_09_2010.jpg.scaled.1000.jpg?AWSAccessKeyId=1C9REJR1EMRZ83Q7QRG2&Expires=1284109807&Signature=DirgMF%2F3T7NP%2B4F5jyyVe7F%2FTUQ%3D

Essentially a close above and then back down

RELATED KILLER PATTERNS ALSO
Or the low or the high
It is also used with dynamic support and resistance

A relative to it is:

Double tops,bottoms etc
Or better the lower high or higher low - failure.

DEADLY COMBINATIONSCombine with a CCI Deivergence + Pivots + historical levels + trends+ dynamic support & resistance


So the answer is essentially it is already written… J
edited by forum on 10/09/2010
edited by forum on 10/09/2010
edited by forum on 10/09/2010
edited by forum on 10/09/2010
edited by forum on 10/09/2010
0 • permalink
10/09/2010 11:13:19

mich
mich
Posts: 3 		There is something that I would like you to take a look at, if you don’t mind.
Scroll down to the middle of the attached document until you’ll reach “Traders Vic’s 2B Top’’ and subsequently “Traders Vic’s 2B Bottom”. I’m trading live this pattern for a while and is very successful. I’m sure it applies to forex and works in any time frame and any type of bars. I’m just wondering if you’d be able to write and indicator for this pattern?


2B Sell (Rules)Must make a New High Decent Retracement Close above New HighNo Follow ThroughClose below Breakout LowShort:below the LowTargetMajor Swing LowStop: Above Breakout High




2B Buy RulesA New LowDecent Retracement Another Low below New LowNo follow ThroughClose above Breakdown HighLongabove Breakdown HighStopbelow the LowTarget a Major Swing High
edited by forum on 10/09/2010

--
mich
0 • permalink
show rated messages only |

Home » NinjaTrader Discretionary Trading Forex, Futures and Equities » Traders Vic’s 2B Top and Traders Vic’s 2B Top




Powered by AspNetForum 7.0.1.0 © 2006-2011 Jitbit Software