MightyOne 2013

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MightyOne
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Postby MightyOne » Tue Apr 09, 2013 2:56 am

This is a TRO indicator that he never released and I'm not sure if I can post it (he did post the candlestick price turn indi):

Image


It just gives you mental image of what the other charts are doing without having to switch between time frames.

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MightyOne
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Postby MightyOne » Tue Apr 09, 2013 7:40 am

From the Dragon-Ashi perspective:

Image

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PebbleTrader
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Postby PebbleTrader » Tue Apr 09, 2013 5:55 pm

Mighty One,

You have mail!
Life is just a journey

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Postby roctao » Wed Apr 10, 2013 2:29 am

:?:
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Postby newscalper » Wed Apr 10, 2013 11:09 am

Mo - is this in any way close?
I've not used all your examples but it got mighty confusing.
I went short as other analysis had already convinced me.
Image
As price was moving in a range, lots of lines and areas were being created.
Maybe I went in too early as that large up bar could have spooked me out but I stayed in.

The gaps you showed are I think a 3 bar pattern where the middle candles close is higher than the first candles extreme, the 3rd closes with a low which is higher than the midpoint of the first and you then mark the gap: is this area viewed as a line in the sand?

The LIS are marked (say) after a run of up candles at the low of...the lowest down candle low if there are a sequence of them?

Thanks MO.

ATM I've been combining the Dragon Ashi and MA with Z-lines from candle stick analysis then using the DA to keep me in once things start moving

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Postby newscalper » Wed Apr 10, 2013 12:10 pm

Still holding
Image
Ordinarily that blue bar would have had me thinking 'eek'
But it's into that area and doesn't go over and the body is still below the MA

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Postby newscalper » Wed Apr 10, 2013 12:17 pm

Maybe this idea is nuts as I'm adding complication when you're trying to simplify it for us, convinced me to hold anyway
Image

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Postby MightyOne » Wed Apr 10, 2013 5:01 pm

Let me say this again =)

-I am moving away from OPEN & CLOSING data because it is too random.

Do me a favor and guess where price will close in the next 15 minutes...
Ridiculous? Ok then, guess whether the candle will be green or red.

What we do next might hinge on a strong close or whether the candle is green or red & we are just sitting there waiting for the dice to stop rolling; making it impossible to plan anything prior to the actual close.

I trade with MIDPOINT and AVERAGE DATA...why?:

1)
I believe that the definition of a trend is simply the expansion of a range.
As the extremes are pushed higher the bodies turn to show the way.
The strength of the move does not decrease until price pushes on the
low extreme.
2)
We all know how averages work.
If price is performing above average then it is going up and if it is below
average then it is going down.

If price as above the averages peak then the trend is strong, but if it is above a valley then it is simply a correction:

Image



For this thread at least, I want to focus on the simple truths that lead to immediate success.

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Postby trueblueTEX » Thu Apr 11, 2013 2:16 am

MightyOne wrote:... For this thread at least, I want to focus on the simple truths that lead to immediate success.


Wow! I'm outta pocket since Sunday and I come back to MANY pages in doji's thread which include shifted CC's (which I never frickin' got -- probably because I could never figure out how to set them up :shock: )

AND, MO has a new thread with a whole new approach!! :lol:

I'm in for learning the "simple truths that lead to immediate success". ;-)

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Postby Humble » Thu Apr 11, 2013 7:14 am

MightyOne wrote: ~~
For this thread at least, I want to focus on the simple truths that lead to immediate success.


Well this is a keeper,

"If price is above the averages peak then the trend is strong, but if it is above a valley then it is simply a correction"
Last edited by Humble on Fri Apr 12, 2013 4:38 am, edited 1 time in total.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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