stop and reverse method

[dark_messiah_fall]

hi every body

thank you for coming to your topic

i'm looking for a stop and reverse source for learning and i will be glad for every suggestion any book movie or system

i want to start this method so i need your helps

a member of great members forum

thanks a lot

[mlee]

I know Cr@ig H@rris has a Stop N Reverse strategy - i think he increases his position size on it too to recover the losses.

Sorry I don't know much more than this.

[Ajata]

The UMT stategy talks a lot about stop and reverse method and give some rules.

 

their website is here _http://www.universalmarkettrader.com/ ive seen their videos posted on some of forums.

[jayjas]

Hey Ajata, can you post link to videos of stop and reverse method?

[akitodito]

I use stop and reverse just as a way of keeping in the market all the time - but always go flat when there's no movement and things are choppy.

[metalriff]

Stop Reverse Method is part of Secret Forex Trader Library. They want 499 a year for access.

[Freddie]

It is my contention that all swings are begun and ended by the five bar reverse. So when the trade is turning against you the place to get out is the place where you would enter the opposite trade.

 

http://i914.photobucket.com/albums/ac341/freddieforII/StopR.jpg

 

Another way of looking at it is the '3rd candle' which is really the same thing, only really differs in explanation.

 

Karl Dittmann's '10 pips whenever you want' is also the same thing.

 

These then are all you need for S&R, stop and reverse.

 

Freddie

Edited July 29, 2010 by Freddie
added pic

[arnaudbzh]

Trading is 3 options:

Long

Short

Flat

Why do not be flat sometimes ??

[Freddie]

Trading is 3 options: Long Short Flat Why do not be flat sometimes ??

 

No sure what you mean Arnaud but quite sure that the market is only ever flat for a few minutes. Swings are relative to the time frame that you use. Here is a 15min TF with an 8 pip range over half an hour

 

http://i914.photobucket.com/albums/ac341/freddieforII/Flat.jpg

[Freddie]

Here is a picture of the 8 pip area on a minute chart

 

http://i914.photobucket.com/albums/ac341/freddieforII/FlatMin.jpg

 

Blue lines are me trying to show the 15 min divisions