The Credits

Some of the methods and indicators here belong to the hardworks of Avery Horton Jr Aka TheRumpledOne.The others were all pieces of my experience from the other fellow traders. As a forum members of www.kreslik.com which enable traders to get information without boundary. They can be reach at

TheRumpledOne : therumpledone@gmail.com
Kresilk forums: www.kreslik.com
mine : caranxkaibutsu@gmail.com

Monday 14 April 2014

Forex 101 - Daily Wick Zone Trading Method

I'm currently using this method. I was suck on scalping. Unless I change the broker which could offer better spread, i might using rat reversal. The reason is quit simple, if the spread shooting around 6 to 18 pips, how do you suppose to make profit out of 3 or 5 pips if price changes? Get a broker that could offer you better spread and if possible, get a spread indicator in your chart. So you would know beforehand placing an order.

And again, TRO word by word, other might complicate the issues.

If price goes into the previous day's high-candle top or previous day's bottom-low zone, it usually LEAVES THE ZONE.  

I had this idea and wrote frequency distribution indicators.  You can see this happened over 70% of the time!

All you have to do is trade in the direction of the zone exit..


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