Jekell and Hyde trading

[aliassmith]

Good trading V8. Welcome back

Oh that is who that is. With the mr hyde name I thought it was someones alt name.

[Mr. Hyde]

Good trading V8. Welcome back

Close. Just a friends of V8 who he taught how to trade. V8 checked into rehab for 90 days. So Im housing sitting and taking care of his cat while he is away. He always talked about how kreslik was the base of how he learned to trade, so I had figured since he was gone that posting here might lead to adding to my trading knowledge.

[Mr. Hyde]

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Just waiting to see which side it breaks to, then aiming for a line as a target.

[Mr. Hyde]

Target 3 was hit. Now we have a perfect chance for price to retrace for the next 2-3 weeks possibly, find support at old resistance, then get a TTE to get back in. Giving you an awesome chance to use OPM if you want.

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Plus it would form a classic BDP/wickdoll on the monthly charts for Nov/Dec

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[Mr. Hyde]

Interesting

[Mr. Hyde]

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[Mr. Hyde]

Been having fun on UJ all day. Now looking for EU to break long

[Mr. Hyde]

I just keep trying angles until I see 2 nice outside lines and a mmiddle one that price respects for the most part. Then I look for support/resistance and then see if the opposite line would be a place price might go. Then work up.

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[Mr. Hyde]

Nice and simple. Angles crossing paths with horz, plus 123 and TTE's. Also some good "not set in stone" rules to keep in mind about angles.

There is a high probability that:

1. Prices will reach the latest Median Line.

2. Prices will either reverse on meeting the Median Line or zoom through it.

3. When prices pass through the Median Line, they will pull back to it.

Now look at price at that last line. Does it look like its reversing or flying past the line? Gives you all the confidence in the world to hold the trade. Already up over 2,000 pips with 5 entries so far. Will hold until .9800-1.0000

[Mr. Hyde]

EA is due for a nice trend sometime soon.