A fresh start! Doji's Trading Journal

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MightyOne
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Postby MightyOne » Thu Oct 10, 2013 4:15 am

RicG wrote:The angles are not too sharp, simply because this pattern is not based on angles. Angles in this setup are irrelevant. This is a precise harmonic pattern that involves 4 market moves and 3 major Fib zones. The combination of these moves form 5 points that create the pattern. The angles can vary widely on this setup, because they are based on price action and the aforementioned items.

There are many different ways to trade successfully. :-)

Regards,
Ric




MightyOne wrote:
Image


Your angles are too sharp...
:lol:


I noticed that after I marked up and posted a chart but the forums are so dead I thought what the hell I'll just let him respond :lol:

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Jalarupa
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Postby Jalarupa » Fri Oct 11, 2013 3:11 am

MightyOne wrote:
Image


Hmmm... I'm sooo bewildered right now...

https://duckduckgo.com/?q=1-2-3+trading+pattern

Thanks for the fresh pespective as always MO :)
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Reaching out to embrace the random.
Reaching out to embrace whatever may come.

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Postby MightyOne » Fri Oct 11, 2013 6:27 am

I try to keep my larger charts free of any lines.

Small charts mess with your head anyway so you might as well draw on them =)

Reuse angles once obtained from a triangle, channel, or median line.

I wouldn't draw any lines on anything above a 30 minute chart.

Image


Image


& don't be afraid cutting through price to find a triangle (as shown in the 30 minute chart); if the triangle you drew doesn't have all kinds of false breaks then you probably drew it incorrectly. ;)

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Postby Jalarupa » Fri Oct 11, 2013 7:47 am

MightyOne wrote:I try to keep my larger charts free of any lines.

Small charts mess with your head anyway so you might as well draw on them =)

Reuse angles once obtained from a triangle, channel, or median line.

I wouldn't draw any lines on anything above a 30 minute chart.

Image


Image


& don't be afraid cutting through price to find a triangle (as shown in the 30 minute chart); if the triangle you drew doesn't have all kinds of false breaks then you probably drew it incorrectly. ;)


Sheeesh and I'm long EURAUD...

Hope I'm not pissing into the wind...

By the way, I'm clueless as to how to do this sh*t I'm just trading off a extreme... but who knows maybe I can learn something by participating... :D

Image
Feed my will to feel this moment urging me to cross the line.
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Reaching out to embrace whatever may come.

Trade management by <<FX SYNERGY>>
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Postby Jalarupa » Fri Oct 11, 2013 8:48 am

Image

I donno, I think this looks a little more correct...?!?
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Postby Jalarupa » Fri Oct 11, 2013 10:35 am

Image

Tell me I'm getting warmer...?
Feed my will to feel this moment urging me to cross the line.
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Reaching out to embrace whatever may come.

Trade management by <<FX SYNERGY>>
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Postby MightyOne » Fri Oct 11, 2013 1:54 pm

Your angles are fine & I like your fibo =)

For your other pics, try and keep your angles at or below 20*

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Postby Jalarupa » Fri Oct 11, 2013 2:09 pm

Okay, glad I'm on the right track... the fibos are courtesy of jforex I must say I find then quiet handy.

So let me try embed this...

You find a wedge - the wedge creates a triangle - the triangle gives you the angle of your pitchfork - a clone of your triangle gives you your alternating angle...

Cool, now to figure out a good way to trade it all... :-)
Feed my will to feel this moment urging me to cross the line.
Reaching out to embrace the random.
Reaching out to embrace whatever may come.

Trade management by <<FX SYNERGY>>
<<Bitcoin Trading>>

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Postby Dan » Sat Oct 12, 2013 3:06 am

dojirock wrote:G/U trade.


Doji, I traded that in a similar way however took 30ish pips out of it.

At the moment I'm using KR candles on the daily to give bias for next day especially if they are at zline or mighty zone. I wanted to know what you guys think of KR candles on daily + time frames, do you think they hold any importance? My original trainers swear by them but I couldn't trade them on weekly etc because the stop was too big to put any lots on.
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MightyOne
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Postby MightyOne » Mon Oct 14, 2013 2:40 am

Jalarupa wrote:Okay, glad I'm on the right track... the fibos are courtesy of jforex I must say I find then quiet handy.

So let me try embed this...

You find a wedge - the wedge creates a triangle - the triangle gives you the angle of your pitchfork - a clone of your triangle gives you your alternating angle...

Cool, now to figure out a good way to trade it all... :-)


Cool, now to figure out a good way to trade it all... :-)


Trade extremes and use patterns to time your trades.

Triangles come in two flavors, a pennant and a cone, & a triangle is a channel is a fork =)

Slow angles lead to decisions whether the points of your triangle are converging or diverging.

I'd say learn to see in triangles and channels and everything else just falls into place:

Image

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