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MightyOne
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Postby MightyOne » Tue Nov 16, 2010 4:17 am

karabar wrote:And what are these lines? support and resistance?


An open, high, low, close, area, or line within an area.

Lines are just lines, the question is where price should be after x period of time in relation to a line that you believe to be important.

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spa
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Postby spa » Tue Nov 16, 2010 8:05 am

Humble wrote:
spa wrote: glad someone "gets this" chart ... i can see how one set of CC's closes under a line and the other does not but thats about it, nothing jumps out for an a-ha moment.


I know you asked me to post a chart before, but others had posted better ones.
See if I can help this time. It's still all about crossing or not crossing a line.

Image


starting with mo's 2 lines : line #1 the first CC set crossed and the second stalled but followed -not much of a conflict.. line #2 CC crossed the line but the second failed thus signaling a reversal and the same on your example one CC crosses but the second fails creating conflict.


Braathen wrote:be thankfull for what u get, and how it is presented...

certainly am but also frustrated i can't put it to use on my own charts, it just hasn't clicked yet and hope it does, hate to be the guy still reading the forum looking for info a few months from now and would love to be able to contribute some trade charts

tracyk859
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Postby tracyk859 » Tue Nov 16, 2010 8:51 am

Thanks for the post.
Hi guys, Im a newbie. Nice to join this forum.



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Jalarupa
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Postby Jalarupa » Tue Nov 16, 2010 9:30 am

tracyk859 wrote:Thanks for the post.
Hi guys, Im a newbie. Nice to join this forum.


/kickban newbie "your ass is grass... *poof*"

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MightyOne
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Postby MightyOne » Tue Nov 16, 2010 12:32 pm

spa wrote:
Humble wrote:
spa wrote: glad someone "gets this" chart ... i can see how one set of CC's closes under a line and the other does not but thats about it, nothing jumps out for an a-ha moment.


I know you asked me to post a chart before, but others had posted better ones.
See if I can help this time. It's still all about crossing or not crossing a line.

Image


starting with mo's 2 lines : line #1 the first CC set crossed and the second stalled but followed -not much of a conflict.. line #2 CC crossed the line but the second failed thus signaling a reversal and the same on your example one CC crosses but the second fails creating conflict.


Braathen wrote:be thankfull for what u get, and how it is presented...

certainly am but also frustrated i can't put it to use on my own charts, it just hasn't clicked yet and hope it does, hate to be the guy still reading the forum looking for info a few months from now and would love to be able to contribute some trade charts


I'll speak your language eventually...

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TheRumpledOne
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Postby TheRumpledOne » Tue Nov 16, 2010 12:38 pm

Image


=============================================

Look at the lower indicators. Do you SEE a profitable pattern?

=============================================
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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ajaymein
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Postby ajaymein » Tue Nov 16, 2010 4:13 pm

I managed to bag 35 pips today but left over 200 pips on the table for my trades...I've left probably nearly 1000 pips get away from me in past week. Thinking_Smile

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ajaymein
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Postby ajaymein » Tue Nov 16, 2010 4:25 pm

MightyOne, most of my entries are always positioned off of D1, H4, and occasionally H1. I enter based off M5 and M15 with very tight stop that rarely gets hit before running a ways in my direction. I can exit with a decent amount of pips, but I've consistently seen 80+ pips left on the table for almost 60 - 70% of the trades I exit! I've heard you say you let your trades run off of higher time frame for massive gains...any suggestions?

Oh yea, I would set stop to break even and just see what happens, but I HATE getting stopped at BE so I always just exit with a modest amount of pips.

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newark18
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Postby newark18 » Tue Nov 16, 2010 4:39 pm

I am biased short for both daily and weekly. Made the first entry but narrowly missed my second short.

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Failure is an opportunity to learn.

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newark18
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Postby newark18 » Tue Nov 16, 2010 4:42 pm

I am biased long for both daily and weekly. I got in a buy but never saw another safe opportunity to add.

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Last edited by newark18 on Tue Nov 16, 2010 4:48 pm, edited 1 time in total.
Failure is an opportunity to learn.

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