TheRumpledOne
6,407 posts
msg #42305
- Ignore TheRumpledOne |
3/21/2006 7:14:27 PM
This method was originally for FOREX.
This morning it signaled entries on EURUSD, GBPUSD and USDCHF.
Looks like easy money.
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TheRumpledOne
6,407 posts
msg #42519
- Ignore TheRumpledOne |
3/26/2006 12:59:22 PM
IT WAS BIG TIME MONEY ON FOREX... OVER A DOUBLE ON THE EURUSD!!
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TheRumpledOne
6,407 posts
msg #42520
- Ignore TheRumpledOne
modified |
3/26/2006 1:23:41 PM
Tunnel Method 5/34/36 - this variation uses the ema(5) as the filter ema. I used 36 because it's 12*12 and I use 34 because it's a fib number.
The original method was used on a 60 minute chart.
Since SF only has daily and weekly, I am trying to discover a profitable combo for stock selecting.
The "Heads UP" variation is my enhancement to give an early warning so you can know which stocks to watch in real time.
MAY ALL YOUR FILLS BE COMPLETE.
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TheRumpledOne
6,407 posts
msg #42528
- Ignore TheRumpledOne
modified |
3/26/2006 4:15:11 PM
3 is a fib number.
3 * 3 = 9.
3 * 3 * 3 = 27.
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gobi
9 posts
msg #42586
- Ignore gobi |
3/28/2006 9:04:09 AM
TRO, thanks for your formula but I am fairly new to TA and SF language so please bear with me. The tunnel method sounds really exciting and I am keen to learn the ins and outs of the theory. I am trying to make sense of the columns in your filters.
I understand for the lg column anything over 1100 indicates strong potential longs. But I don't understand the significance behind hiop and oplo. Take AA, for example, from today's filter:
******Last*****%Chg****Volume****lg3456*****hiop****oplo****profit
AA****30.33****1.68****5021800***1111.00****0.60****0.09****0.53
Does this mean that if AA moves past 30.93 (30.33 + 0.60) then it is considered a breakout and time to buy? And I should place my stop at 30.24 (30.33 - 0.09)? If I understand the tunnel theory correctly, I should take a portion of my profits out at each of the fib level, correct?
If possible, can you please briefly explain the hiop, oplo, and profit columns? It would go a long way in helping me understand this. Much appreciated.
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TheRumpledOne
6,407 posts
msg #42591
- Ignore TheRumpledOne
modified |
3/28/2006 10:56:26 AM
HiOp is High minus Open. Meaning if you bought at the open price yesterday and sold at the high, that's the potential profit.
OpLo is Open minus Low. Meaning if you shorted at the open price yesterday and covered at the low, that's the potential profit.
Profit is if you bought at the open 5 days ago and sold at the 5 day high, that's the potential profit.
HTH.
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gobi
9 posts
msg #42595
- Ignore gobi |
3/28/2006 12:36:51 PM
So the hiop and oplo are just measurements of your potential profits if you buy (or short) when lg >= 1100. Is this correct? I am just trying to understand how this applies to the tunnel method. Thanks.
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bruce9432
11 posts
msg #42896
- Ignore bruce9432 |
4/11/2006 6:50:52 PM
Do you use the tunnel on the ES minis. If so what time frame and what EMAs. I did a back test on currency pairs and it was uncanny how you can put an order in and let it ride.
Bruce Johnson
Dana Point
bruce9432@hotmail.com
I would like to know more
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TheRumpledOne
6,407 posts
msg #42918
- Ignore TheRumpledOne |
4/12/2006 11:25:46 PM
Do you use the tunnel on the ES minis. If so what time frame and what EMAs. I did a back test on currency pairs and it was uncanny how you can put an order in and let it ride.
===============================================================================
I posted everything about the TUNNEL METHOD in the first post.
You can google it and find more... there are even some tunnel forums.
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TheRumpledOne
6,407 posts
msg #42919
- Ignore TheRumpledOne |
4/12/2006 11:26:56 PM
So the hiop and oplo are just measurements of your potential profits if you buy (or short) when lg >= 1100. Is this correct? I am just trying to understand how this applies to the tunnel method. Thanks.
===========================================================================
LG has nothing to do with HiOp and OpLo.
HiOp and OpLo are just column displays.
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