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Braathen
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Postby Braathen » Fri Aug 31, 2012 9:43 am

So my latest understanding of space has made things ALOT more fun.
I mean sticking in 6-9 lots is just.. fun! :D

Nice trades to doji! \o/

Id like to share my version so here it is.
First trade i want price to go into leg after it made decent S/D.

Image

Second trade is at a 66%+ ret into the weekly leg and i wanna go to crash zone 1 or 2.. (217 pips.. gimme.. today pls :D)

Image

Would you position yourself like i did in the second trade MO?
"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 » Fri Aug 31, 2012 9:59 am

It looks good to me Braathen =)

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MightyOne
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Postby MightyOne » Fri Aug 31, 2012 10:05 am

Image

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Braathen
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Postby Braathen » Fri Aug 31, 2012 10:14 am

Cheers m8 ;)

Its hard when everyone tells me in life that what i do is a fluke, pure luck,
wont last, get a real job.

Your words mean so much to me as i have dedicated a good slice of my
life to read and try understand your wisdom.

Thanks for the lift up. The energy i had gathered has just been multiplied.

Braathen
"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 » Fri Aug 31, 2012 10:21 am

MightyOne wrote:Image


Its amazing how this weeks plays on the USD/CHF and EUR/USD look identical
except leg direction :D
"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 » Fri Aug 31, 2012 11:32 am

This is my current chart setup:

Image

The indicators that I use are: Cash/Crash Zones, 1 MA Typical Price, P4L Period Converter, TRO's PTRN, II_MOD_SweetSpots, Cycle Lines, Fibonacci Retracement (for Position Sizing & Space), Fibonacci Expansion (for S/D / Zero Line).

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MightyOne
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Postby MightyOne » Fri Aug 31, 2012 4:33 pm

And you were right, CZ 1:

Image


Gratz!
Last edited by MightyOne on Fri Aug 31, 2012 5:27 pm, edited 1 time in total.

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Braathen
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Postby Braathen » Fri Aug 31, 2012 4:57 pm

I really like your setup. Having a hard time finding a link for the period converter.. thought it was in blubbb's but cant seem to find it.

Not sure i understand what u mean with 250 and 125.

Yeah was a really nice rush up, i closed everything at 1.2611.
I had to go out for a few hours and didnt believe CZ 2 was gonna happen:D
"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 » Fri Aug 31, 2012 5:19 pm

Period Converter: http://www.forexfactory.com/showthread.php?t=206301

(First of a double post)
Last edited by MightyOne on Fri Aug 31, 2012 5:29 pm, edited 1 time in total.

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MightyOne
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Postby MightyOne » Fri Aug 31, 2012 5:20 pm

Period Converter: http://www.forexfactory.com/showthread.php?t=206301

250 is a 'box size' when talking P&F:

(instead of waiting for a reversal I trade off of the box or box + half price)

Image

and yes, the price history was too vertical for CZ 2; steep trends cannot be sustained.

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