Patterns Observation.

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Don_xyZ
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Re: Patterns Observation.

Postby Don_xyZ » Fri Jun 09, 2023 12:55 pm

Done for the day, like, for real.

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Ride 'em up, ride 'em down. Mini anchor trades. 3x a day, like medicine.
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Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

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Don_xyZ
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Re: Patterns Observation.

Postby Don_xyZ » Fri Jun 09, 2023 1:06 pm

LOLZ, saw someone posted layer trades on this red candle.
He made some really crazy profit :lol: :lol: :lol:

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Need to figure out how dude made it. Devil's in the detail, obviously.
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Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
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IgazI
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Re: Patterns Observation.

Postby IgazI » Fri Jun 09, 2023 1:43 pm

kiwiarian wrote:
IgazI wrote:Because there can only be one HH or LL, you can wait for the period to close and then target the extreme;

this will work the same on all chart periods in which you can realistically get into a trade at one end and get out at the other.

ONE_HH_LL.png

T is for trigger/trade and x is target?
That picture gave me an aha moment, thanks.


X = Exit
T = a point in time.
If marking a trigger, I'd use a horizontal line.

The idea is simple:
- there can be only one highest high:
if price is going up then bet on a new high.

The real question that you need to answer is this:

If there can be only one lowest low, how do you trade from one extreme to the other?

What is the definition of a trend, when and where does it stop and start? at what point does the negative bias end?

It is easier to find a solution when you understand the problem.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"

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Don_xyZ
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Re: Patterns Observation.

Postby Don_xyZ » Sat Jun 10, 2023 12:03 pm

IgazI wrote:Because there can only be one HH or LL, you can wait for the period to close and then target the extreme;

this will work the same on all chart periods in which you can realistically get into a trade at one end and get out at the other.

ONE_HH_LL.png


Did you drop a gold bar by mistake? If not, then I'll gladly claim it as mine :D
My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

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Re: Patterns Observation.

Postby Don_xyZ » Sat Jun 10, 2023 12:30 pm

It indeed is. The simplicity is king.

The Scalping Champion.png
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Every line is a profit. Problem is, can you make it work?
Can you see it? Can you even not see it?
My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

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IgazI
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Re: Patterns Observation.

Postby IgazI » Sat Jun 10, 2023 3:29 pm

Don_xyZ wrote:
IgazI wrote:Because there can only be one HH or LL, you can wait for the period to close and then target the extreme;

this will work the same on all chart periods in which you can realistically get into a trade at one end and get out at the other.

ONE_HH_LL.png


Did you drop a gold bar by mistake? If not, then I'll gladly claim it as mine :D


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Re: Patterns Observation.

Postby aliassmith » Sat Jun 10, 2023 5:57 pm

Don_xyZ wrote:It indeed is. The simplicity is king.

The Scalping Champion.png

Every line is a profit. Problem is, can you make it work?
Can you see it? Can you even not see it?


Opportunity everywhere
Trade Your Way as Long as It Makes Money!

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IgazI
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Re: Patterns Observation.

Postby IgazI » Sat Jun 10, 2023 5:58 pm

Don_xyZ wrote:It indeed is. The simplicity is king.

The Scalping Champion.png

Every line is a profit. Problem is, can you make it work?
Can you see it? Can you even not see it?


That gives me an idea; let me hire someone real quick and I'll get back to you :lol:
"Everything Should Be Made As Simple As Possible, But Not Simpler!"

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Re: Patterns Observation.

Postby aliassmith » Sat Jun 10, 2023 7:28 pm

Don_xyZ wrote:It indeed is. The simplicity is king.

The Scalping Champion.png

Every line is a profit. Problem is, can you make it work?
Can you see it? Can you even not see it?


I need to add some sweetspot to my chart and test some ideas out.
Trade Your Way as Long as It Makes Money!

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Re: Patterns Observation.

Postby kiwiarian » Sat Jun 10, 2023 7:48 pm

Don_xyZ wrote:It indeed is. The simplicity is king.

The Scalping Champion.png

Every line is a profit. Problem is, can you make it work?
Can you see it? Can you even not see it?

Multi choice
1. Is this a continuation of the gold bar that Igazi dropped?
2. Or, is this the same/similar as the Walmal method on Tro's channel?
3. Something Else

Lines and the gold bar setup, my interpretation.
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