PowerX Strategy "PowerZ"

everything that doesn't belong elsewhere cometh here

Moderator: moderators

User avatar
IgazI
rank: 1000+ posts
rank: 1000+ posts
Posts: 2016
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 1663
Gender: None specified

Re: PowerX Strategy "PowerZ"

Postby IgazI » Fri Apr 28, 2023 2:27 pm

What are the facts?
- I am not having a good day :lol:
- price is currently sideways from yesterday
- I am not going to do anything about it.

If I were day trading the leveraged contract then there would have been many places to abandon ship as the boxes tumbled lower.

Today I'd expect 1910, 1920, 1925.

still_cold.png
still_cold.png (113.89 KiB) Viewed 670 times
"Everything Should Be Made As Simple As Possible, But Not Simpler!"

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
IgazI
rank: 1000+ posts
rank: 1000+ posts
Posts: 2016
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 1663
Gender: None specified

Re: PowerX Strategy "PowerZ"

Postby IgazI » Fri Apr 28, 2023 5:47 pm

Closing prices give you a sense of speed:
you know that the small charts are plugging into the M10 closes, and that price is forming and moving out of closing ranges.

I want a chart that describes the larger chart well enough without desyncing from the smaller charts; with the right balance, you can have the best of both worlds.

Sometimes you are out and about, or you're just not in the mood to stare at a line chart all day :lol: I get it;
if I am dressed casually then I will look at the HLC and candlestick charts myself.

M10 line chart ranges vs H1 candlestick:
actionable_vs_questionable.png
actionable_vs_questionable.png (99.88 KiB) Viewed 646 times
"Everything Should Be Made As Simple As Possible, But Not Simpler!"

User avatar
IgazI
rank: 1000+ posts
rank: 1000+ posts
Posts: 2016
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 1663
Gender: None specified

Re: PowerX Strategy "PowerZ"

Postby IgazI » Fri Apr 28, 2023 7:00 pm

"Everything Should Be Made As Simple As Possible, But Not Simpler!"

User avatar
BambinoFlex
rank: 500+ posts
rank: 500+ posts
Posts: 557
Joined: Thu Oct 10, 2019 4:40 am
Reputation: 336
Location: Houston
Real name: Jorge "George" Alvarado
Gender: Male

Re: PowerX Strategy "PowerZ"

Postby BambinoFlex » Fri Apr 28, 2023 7:24 pm

Accurate representation.

Me being represented as the audience hahaha
"If you're wrong, guess what...thats TRADING"

User avatar
kiwiarian
rank: 500+ posts
rank: 500+ posts
Posts: 767
Joined: Thu Dec 23, 2021 8:15 am
Reputation: 455
Location: New Zealand
Gender: Male

Re: PowerX Strategy "PowerZ"

Postby kiwiarian » Sat Apr 29, 2023 2:40 am


Yes and it's just as frustrating for the students too as well sometimes as we think we have it and then we don't or we don't get it at all..No fault of the instructor.
Some of us give up after a while and some of us keep at it, banging head against the wall until some sense is knocked in or it hurts too much.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
IgazI
rank: 1000+ posts
rank: 1000+ posts
Posts: 2016
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 1663
Gender: None specified

Re: PowerX Strategy "PowerZ"

Postby IgazI » Sat Apr 29, 2023 4:09 am

kiwiarian wrote:

Yes and it's just as frustrating for the students too as well sometimes as we think we have it and then we don't or we don't get it at all..No fault of the instructor.
Some of us give up after a while and some of us keep at it, banging head against the wall until some sense is knocked in or it hurts too much.


Can you define what "it" is? maybe that's the problem.

There is nothing to "get", there is only the consistent application of ideas.

If you want to jump 20 years into the future then my advice is this:

LESS THINKING, MORE DOING.
Screenshot_20230220_123559.png
Screenshot_20230220_123559.png (48.97 KiB) Viewed 544 times
"Everything Should Be Made As Simple As Possible, But Not Simpler!"

User avatar
IgazI
rank: 1000+ posts
rank: 1000+ posts
Posts: 2016
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 1663
Gender: None specified

Re: PowerX Strategy "PowerZ"

Postby IgazI » Sat Apr 29, 2023 4:14 am

Inside bar. . .
that's some buuuuuuuuuuuuuullllll sheeet. :lol:

IB.png
IB.png (98.75 KiB) Viewed 541 times
"Everything Should Be Made As Simple As Possible, But Not Simpler!"

User avatar
kiwiarian
rank: 500+ posts
rank: 500+ posts
Posts: 767
Joined: Thu Dec 23, 2021 8:15 am
Reputation: 455
Location: New Zealand
Gender: Male

Re: PowerX Strategy "PowerZ"

Postby kiwiarian » Sat Apr 29, 2023 5:25 am

IgazI wrote:
kiwiarian wrote:

Yes and it's just as frustrating for the students too as well sometimes as we think we have it and then we don't or we don't get it at all..No fault of the instructor.
Some of us give up after a while and some of us keep at it, banging head against the wall until some sense is knocked in or it hurts too much.


Can you define what "it" is? maybe that's the problem.

There is nothing to "get", there is only the consistent application of ideas.

If you want to jump 20 years into the future then my advice is this:

LESS THINKING, MORE DOING.
Screenshot_20230220_123559.png


For me it has been building up the ideas in layers, getting the base layers in first and then I am slowly starting to grasp the higher layers.
There was a simple concept of in and out that until I saw a diagram from Bambino a few days ago I was a bit fuzzy about, but once I saw it in a particular context I realised it was simple as you were saying. Now I can go back 20 pages in the thread and should understand what is being discussed.
Yes I like the advice of just do it and learn as you go as experience and intuition goes a long way.

User avatar
IgazI
rank: 1000+ posts
rank: 1000+ posts
Posts: 2016
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 1663
Gender: None specified

Re: PowerX Strategy "PowerZ"

Postby IgazI » Sat Apr 29, 2023 6:25 am

Since the last bar was in inside bar, I'm just going to shift the lines forward to what you see here.

IB_RLS.png
IB_RLS.png (89.31 KiB) Viewed 511 times
la_pig.png
la_pig.png (85.77 KiB) Viewed 511 times
"Everything Should Be Made As Simple As Possible, But Not Simpler!"

User avatar
IgazI
rank: 1000+ posts
rank: 1000+ posts
Posts: 2016
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 1663
Gender: None specified

Re: PowerX Strategy "PowerZ"

Postby IgazI » Sat Apr 29, 2023 11:31 am

Third day in a row of Jasmy . . .

Do it :shock: :)

IMG_0667.jpeg
IMG_0667.jpeg (89.82 KiB) Viewed 482 times
"Everything Should Be Made As Simple As Possible, But Not Simpler!"

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “general”