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Braathen
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Postby Braathen » Thu Jan 12, 2012 11:50 am

I have been looking at MO's picture in the One is not a trend thread and i know this is not what your where doing MO.. maybe a little close lol?

But just a fact here please do not take this as trading advice or anything
because im just sharing what im doing to yeah.. share and learn myself.

Just yeah please take my pictures with a grain of salt
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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Braathen
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Postby Braathen » Sun Jan 15, 2012 7:43 am

Lesson learned this week is as follows:

Do not go in over your head.. impressing women can come later..

Focus is: Price will move 100's of pips from one extreme to another.

Hope everyone is having a great weekend! :)
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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MightyOne
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Postby MightyOne » Sun Jan 15, 2012 2:18 pm

this would take a long time to do but it would be easier to see what is going on:


Image

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dojirock
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Postby dojirock » Sun Jan 15, 2012 7:25 pm

Like a beautiful piece of artwork!

Multiple shifts, viewed seperate, analysis made from that,
success!

Thanks mo

dojirock
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"

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MightyOne
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Postby MightyOne » Sun Jan 15, 2012 8:22 pm

TrendSetter is not really a shift...
it is 2 consecutively higher/lower closes as a CC close; the red CC is a recombination of 2 higher/lower closes in black (each recombination is a higher chart).

TrendSetter attempts to reduce the flip flops of congestion & highlight the trend.

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Braathen
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Postby Braathen » Mon Jan 16, 2012 5:45 am

Thanks MO :) awsome pic ! I thank you very much for taking the time
and effort to make this!

I also got this going through my head.. i must ask.

"Anything beyond a scalp and you are waiting for a range expansion (time &/or price); since this is statistical, the
focus must shift from candles to a gamble that price will indeed expand to completion in the desired direction. -MO"

So the lowest low/highest high is our trading area.
CC's give us S/R to take our trade with an edge.
MM/Space gives us the power the stay in our play and the power the be wrong.
(Stuff like 3xCC's and TrendSetter are also used to keep yourself on the ball and in the trade so should i be shifting completly from analysis and ONLY focus on the gamble?)

Now we shift our focus to the gamble.. will it expand.
So with our sword we attack in the scalp, gather as much shielding power as possible where after we give ourself's a nice position and simply wait for more
higher highs/lower lows to be made or our target reached.
(target reached, i really dont like this :( )

The reason i fall short is always premature exits.. gambling sounds good tbh.. sounds relaxing :) and with the power of space my stomach wont be so uptight :)

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Braathen
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Postby Braathen » Mon Jan 16, 2012 5:50 am

P.S

WTF?! is up with fake passport dude lol :P
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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flinux
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Postby flinux » Mon Jan 16, 2012 10:48 am

lol :D
Instantly erased & banned!
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pawelklos
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Postby pawelklos » Mon Jan 16, 2012 1:21 pm

Braathen wrote:Thanks MO :) awsome pic ! I thank you very much for taking the time
and effort to make this!

I also got this going through my head.. i must ask.

"Anything beyond a scalp and you are waiting for a range expansion (time &/or price); since this is statistical, the
focus must shift from candles to a gamble that price will indeed expand to completion in the desired direction. -MO"

So the lowest low/highest high is our trading area.
CC's give us S/R to take our trade with an edge.
MM/Space gives us the power the stay in our play and the power the be wrong.
(Stuff like 3xCC's and TrendSetter are also used to keep yourself on the ball and in the trade so should i be shifting completly from analysis and ONLY focus on the gamble?)

Now we shift our focus to the gamble.. will it expand.
So with our sword we attack in the scalp, gather as much shielding power as possible where after we give ourself's a nice position and simply wait for more
higher highs/lower lows to be made or our target reached.
(target reached, i really dont like this :( )

The reason i fall short is always premature exits.. gambling sounds good tbh.. sounds relaxing :) and with the power of space my stomach wont be so uptight :)


In this way we draw the S / R?

Image

ForexTiger
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Postby ForexTiger » Wed Jan 18, 2012 2:02 pm

The EU seems to be moving up again

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