PowerX Strategy "PowerZ"

[IgazI]

I'm going to dust off the old split-tape figure method
there is no way in hell that anyone is going to use them, but it might make for a fun exercise:

basically,
- you have a horizontal line
- if the price is the same or higher
write the figure above the line
- if the price is the same or lower
write the figure below the line
- after n numbers, write the HL range
at the end of the row.
- optionally,
add color to indicate whether price is
above, within, or below the prev. set.

Like the 'Baccarat' method, you are just staring at figures; only it is far more headache inducing, esp. if you don't use color.

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[IgazI]

I needed that reminder of why I no longer use figure charts it's fun and all, but there is nothing like just glancing at a chart and seeing the separation of prices.

The next easiest chart to plot is a line chart in bar form:

First step is to find the 00 value:
Bitcoin: 26980 => 26[98]0; 26 is the 00, 98 is the pt value.
ADA: 0.3526 => 35[26]
EURUSD: 1.0832 => 108[32]

On the graph paper, each box is 4 points & there are 25 boxes up and 25 boxes down from center;

center is the 00 & a multiple of 20 points: eg
Bitcoin: 26800, 27000, 27200
ADA: 35.20, 35.40, 35.60
EURUSD: 107.80, 108.00, 108.20

I don't think that you need me to show you how to draw a bar

Why plot charts?
- you 'remember' the price.
It's like walking your kid to school: same street, same rocks, completely different experience.
- you pay attention vs chart flipping or playing around with indicators.
- you can't "close" the chart, you are forced to relive it every time you look down.
- it makes you a better trader.

[prochargedmopar]

ssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss

Went on a camping trip, was trying to scrape Smore's chocolate off my Keyboard.

[IgazI]

ssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss

Went on a camping trip, was trying to scrape Smore's chocolate off my Keyboard.

I'm currently "visiting the sisters"

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[kiwiarian]

ssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss

Went on a camping trip, was trying to scrape Smore's chocolate off my Keyboard.

I'm currently "visiting the sisters"
IMG_0608.jpeg

Must be spring time for you folks to do localized travelling.

[IgazI]

ssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss

Went on a camping trip, was trying to scrape Smore's chocolate off my Keyboard.

I'm currently "visiting the sisters"
IMG_0608.jpeg

Must be spring time for you folks to do localized travelling.

66° and sunny.

[kiwiarian]

I'm currently "visiting the sisters"
IMG_0608.jpeg

Must be spring time for you folks to do localized travelling.

66° and sunny.

pleasant but not warm enough for the beach, or maybe lakes if there are any near you

[IgazI]

Must be spring time for you folks to do localized travelling.

66° and sunny.

pleasant but not warm enough for the beach, or maybe lakes if there are any near you

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[kiwiarian]

66° and sunny.

pleasant but not warm enough for the beach, or maybe lakes if there are any near you

IMG_0617.jpeg

Looks like some interesting parts of the country, bit of history - first English settlement, man made lakes, lots of rivers by looks.
I better get onto a live account so I can start saving for a holiday over to the good ol USA:)

[prochargedmopar]

pleasant but not warm enough for the beach, or maybe lakes if there are any near you

IMG_0617.jpeg

Looks like some interesting parts of the country, bit of history - first English settlement, man made lakes, lots of rivers by looks.
I better get onto a live account so I can start saving for a holiday over to the good ol USA:)

I'm thinking there is only ONE natural lake in the state of TX. But, Minnesota is the "land of 10,000 lakes" and it ain't no joke. Every back road you drive down runs into another lake/pond.
Then ya got the Great Lakes in Michigan where I was born/semi raised. And now visit every summer.

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