This forex trading strategy is very simple and easy to understand and execute.
What you are looking for are two candlesticks with the almost the same lengths. They look like parallel railway tracks.(See forex chart below with the 2 candlesticks highlighted in blue)
- Railroad Track Accessories / Rail Car & Locomotive Components. Since early 2000 when CAB Incorporated entered the rail industry, our focus has been to build solid long-term partnerships.
- The forge, minus the dow-draft hood, is strikingly similar to the one we have at the state fairgrounds. We use the water trough for coal storage and keep a big slack tub in front of the forge.
Clicking on a destination will take you to the corresponding audio excerpt in the West Trainz audio player.
- If the first candlestick is bearish (red) then the 2nd candlestick must be green or vice versa.
- A bullish Railroad Track Pattern has a red candlestick in front and a green candlestick after it.
- A bearish Railroad Track Pattern has a green candlestick in front and a red candlestick after it.
PSYCHOLOGY BEHIND THE RAILWAY TRACKS CANDLESTICK PATTERN
If you are in a downtrend, you will see the forming of a long bearish candle and immediately a long bullish candle will be formed.
Why do you think caused this to happen?
Here’s why…
What happen here was that those traders who enter SHORT forming the long bearish candle realized that they are in the wrong side of the market and they immediately exit their trades and then get into the opposite side of the market causing the formation of the long bullish candle.
If you are in an uptrend, the situation will be opposite to what you is happening above.
HOW TO TRADE THE RAILWAY TRACKS PATTERN
Here are few important tips on trading the railway tracks pattern:
- The railway track is only applicable when you are in a trend as it is a reversal pattern.
- If you see this formation when the market is moving sideways, you should ignore it as it does not have any value.
Timeframes: 1hr and larger
Forex Indicators: Nil
TRADING RULES
(Refer to the chart above).
For buying:
- After a bullish railroad track pattern forms, place a buy stop anywhere from 2-5 pips above the high of the pattern.
- Place your stop loss anywhere from 2-5 pips below the low of the pattern.
- Set your take profit to 3 times what you risked (if you risked 20pips then you should aim for 60pips profit target). Or another option is to trail stop your trades.
For Selling:
- After a bearish railroad track candlestick pattern forms, place a sell stop order anywhere from 2-5 pips below the low of the the pattern.
- Place your stop loss anywhere from 2-5 pips above the high of the pattern.
- Set your take profit target to 3 times what you risked or you can also you trailing stop to lock in profits as trades move into profit.
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Mid-Sodor Railway
The whole entire Mid-Sodor Railway set in the late 1920's/early 1930's is now at your fingertips to drive in Trainz!
Download here:
http://www.mediafire.com/file/u1dfo6d3kr3ud13/Arlesdale_Miniature_Railway.cdp/file
Arlesdale Miniature Railway
Set in the present day, the little railway of Arlesdale is now steamed up and ready for you to try in Trainz!
Download here:
Peel Godred Electric Railway
Set in the present day, here's the Peel Godred Electric Branch ready for you to spark some electric in Trainz!
Download here:
Culdee Fell Mountain Railway
Set in the present day, here is the Culdee Fell Mountain Railway ready for you to start climbing the Mountain of the Companion of God!
Download here:
THOMAS & THE MAGIC RAILROAD (TATMR)
The Magic Railroad
As seen in 'Dead' and 'Alive' versions, you can ride the Magic Railroad, find the lost truck, take it to Muffle Mountain and revive the Lost Engine all in Trainz!
Download here:
Muffle Mountain
When you exit the Magic Railroad, you end up here, only to fly down the cliff thanks to P.T. Boomer's explosions. Make sure you hit the grotto in order to get back to the Magic Railroad and Sodor!
Download here:
Lady's Workshop
Aside from just being a place to store Lady when she's out of service, there are plenty of other things to do like see Burnett Stone's house, wade in the nearby river or check out what's inside the old tunnel!
Download here:
- DIORAMA 'One-Off' Sets - (For Trainz 2012 and Up)
Trainz Forge Freeware
Mid-Sodor Railway - Arlesdale 'Works' Station
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Including 1920's, 1940's 'run-down' version and 'GONE' version.
http://www.mediafire.com/download/7w73dcpe9u27nda/Mid-Sodor_Arlesdale_Diorama_(27in._Scale).cdp - 27in. Scale (2ft. 3in. Gauge)
http://www.mediafire.com/download/adbmn251ir64d11/Mid-Sodor_Arlesdale_Diorama_(36in._Scale).cdp - 36in. Scale (3ft. 6in. Gauge)
http://www.mediafire.com/download/5045qz8fjbui551/Mid-Sodor_Arlesdale_(1960's)_Diorama_GONE.cdp - 'GONE' Version (meaning abandoned, derelict version for movie-makers)
Requires the most recent edition (as of 2014) of TFM's up-scaled Skarloey Track and Buffers, which can be found here:
THE ENTIRE ISLAND OF SODOR
The whole island from the Tidmouth shorelines to the Barrow scrapyards, and from the Arlesburgh Mountains to the Brendam bay is now at your fingertips in Trainz!
Credit to Tonyspike for the original route, modified a little by me and Stanley.
Sodor & Mainland Railway (Part 1) - Kirkronan
Here's S&M Part I: Kirk Ronan.
Grey61xx Style Ffarquhar Yards
Here's The Ffarquhar Yards done as a Hybrid of both RWS and CGI Versions, as well as the TVS Style Crossing Mavis got stuck at.
DEPENDENCIES HELP & TECHNICAL ASSISTANCE
(NOTE: You need to go to these sites below, to get some of the dependices)
They have links there to other stuff you may need for this route. Other dependices can be found on the DLS
By Railroadtrainz Forgetting
Any problems, please contact me via guestbook or email. Thanks!
By Railroadtrainz Forget Me Not
These routes are only compatible with Trainz 2009 and up. You must require either Trainz 2009 with build SP2 or 2010/2009 SP4 to play these routes.