Well,
Not sure if I'm going in the right direction with this.... But when you trade off of peoples emotions... Emotion is momentum being zeroed out... Everyone wants to get into the move that already has happened. Then suddenly price moves the other way and close all the traders trying to get in and also the traders that stayed in the trade from the beginning of momentum... Zeroing them out also.
So look for trades towards higher tf zeroline...?
by entering lower tf momo.
... Gettin there or am I cold
This will probably keep me up all night. "Observe"
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- dojirock
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MDSEA wrote:Well,
Not sure if I'm going in the right direction with this.... But when you trade off of peoples emotions... Emotion is momentum being zeroed out... Everyone wants to get into the move that already has happened. Then suddenly price moves the other way and close all the traders trying to get in and also the traders that stayed in the trade from the beginning of momentum... Zeroing them out also.
So look for trades towards higher tf zeroline...?
by entering lower tf momo.
... Gettin there or am I cold
This will probably keep me up all night. "Observe"
Yes, what you state is true, your on the right track.......when I got to that point, I started asking.. when looking at all these situations where it occurs, what has happend or not happened that shows continuation or reversal? What one word from my previous post could tell us this?
Im not messing with you and some readers may take it as that. But it wasnt until I thought this logic out that I began to see it and everything that MO, vane, Dragon, es/pip, aj all fit the puzzle...but I could not recognize there puzzle pieces until I "thought" it out and with my logic....so I tell you this, in the hope that maybe the possibility that my logic may be one you can relate too. Bettlebox gets this, but explains it in a much different way also. There are different ways one can argue how to see this, the way I have discovered has worked for me and is a bit more mechanical which is how my brain works, but traders emotions are discretionary.
dojirock
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
- dojirock
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Hey mdsea,
your back to momentum...... Go back to what you were really talking about in your previous post? Then ask the above questions.
dojirock
your back to momentum...... Go back to what you were really talking about in your previous post? Then ask the above questions.
dojirock
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
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dojirock wrote:Hey mdsea,
your back to momentum...... Go back to what you were really talking about in your previous post? Then ask the above questions.
dojirock
Trade of peoples emotion and look at history.
I feel like im wasting people time.
What I observe is what makes me mechanical.
What's the best way not to be mechanical?
Looking at charts I see a couple things but not things consistent enough to trade with.
I see 4hr momo candle form taking out by a single 1hr momo the opposite direction and continue on direction of new 1hr momo.
I see Price going through momo and
but sometimes I see Price reversing from momo.
Maybe have two ways to trade when in Hr tf mightyzone.
Oh yea I am the worst when it comes to answering questions with riddles. I always come out the opposite end of the answer... hence the difficulty to understand tro and mightyone. Thats not a shot at them please take no offense... I just know it'll just take me a little longer. And second guessing is a common ritual reading thru these forums..
http://i49.tinypic.com/15dvos0.png
Body in the direction of profit
Smaller bodies in the direction of loss
Get it?
Got it?
Good!
Body in the direction of profit
Smaller bodies in the direction of loss
Get it?
Got it?
Good!
Hey mo,
Thanks for the words of wisdom. That makes sense for bigger bodies show the way. Smaller candle does not. Thanks for the gem it makes total sense.
But the pic.... ? Where's my 3d glasses...
I went back to pg 187 on nla which was suggested on one of the forums.
Reading and observing a couple of the pics and reading your post. I've gotten 3 trades demo that came out fantastic... Getting the grasp of what's being said over and over.
3yrs in the making! I can't stop now!
Thanks for the words of wisdom. That makes sense for bigger bodies show the way. Smaller candle does not. Thanks for the gem it makes total sense.
But the pic.... ? Where's my 3d glasses...
I went back to pg 187 on nla which was suggested on one of the forums.
Reading and observing a couple of the pics and reading your post. I've gotten 3 trades demo that came out fantastic... Getting the grasp of what's being said over and over.
3yrs in the making! I can't stop now!
- dojirock
- rank: 1000+ posts
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See the profit, see the loss......
whats history telling you???
dojirock
whats history telling you???
dojirock
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It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
- dojirock
- rank: 1000+ posts
- Posts: 1921
- Joined: Tue Nov 17, 2009 10:11 pm
- Reputation: 726
- Gender:
- Contact:
is it easier to see...with the mbar indicator?
dojirock
dojirock
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- hgfc.jpg (97.11 KiB) Viewed 3074 times
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
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Thank you for your support.
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