How to be a MOnster

[Mr. Hyde]

I was hoping u were going to start a thread. Cant wait to read it

Hi Mr. Hyde!

I'm happy to see you back
How you doing?

Doing good, had to get my mind clear and focused. So the plan for right now is I am only trading EJ and nothing else right now. I need to improve my consistency and discipline while day trading the lower time frames. Trading is based around what I post e.g. S/R, Zlines, HTF analysis, H1 stop points, twin bars, momo, close under/over, 123's, angles. Charts and all trades will be posted daily, hoping to get some good feedback.

How is trading going for u.

[Mira]

Shorting Gold right now.
I haven't a long term target atm

IMG_2819.PNG (75.54 KiB) Viewed 2968 times

[Mira]

I was hoping u were going to start a thread. Cant wait to read it

Hi Mr. Hyde!

I'm happy to see you back
How you doing?

Doing good, had to get my mind clear and focused. So the plan for right now is I am only trading EJ and nothing else right now. I need to improve my consistency and discipline while day trading the lower time frames. Trading is based around what I post e.g. S/R, Zlines, HTF analysis, H1 stop points, twin bars, momo, close under/over, 123's, angles. Charts and all trades will be posted daily, hoping to get some good feedback.

How is trading going for u.

I love your charts, I hope to see some of your trades! Really happy that you found your way back

I'm trying to get there too, but I'm still focusing on confidence. Sometimes I have problem with what I SEE..

[Mira]

Closed at the oval, bias looks long from here..

IMG_2821.PNG (85.57 KiB) Viewed 2944 times

In the meantime I want to post some thoughts from last night.
I was looking at momo 50% when I saw, again, that pattern that I was trying to trade one/two months ago:
what changed is my view of FRACTAL.
Yep! Because it works, but if you miss the bigger picture you could take the wrong correction.


If you count 1,2,3 then it's obvious. Price is repeating itself over and over..

IMG_2822.PNG (89.19 KiB) Viewed 2944 times

Also Failed zline/old momentum origin on a bigger tf could help

IMG_2823.PNG (76.64 KiB) Viewed 2944 times

Here arises one more inner question:

Could this be momentum taking away momentum?

[Mira]

Gold drops again, the next time I'll shade lots and watch the pa before liquidation

[Mira]

Shorting Gold right now.
I haven't a long term target atm

IMG_2819.PNG

I was driving and I hadn't time to see how price closing above finally closed below with a BDP.
Nice move and idea btw

IMG_2824.PNG (94.1 KiB) Viewed 2940 times

[tom7ak]

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if... and only if you assume momentum is on that line. At what point is it removed? wick or close? Where is the opposite momentum that removed this one?
remember It TAKES momentum...
Does it have to have similar appearance?...
Ok, lets assume you found momentum that removed momentum. what do u do with it? does it tell u the direction? is it a trigger?

Thats my understanding. The IDEA, i think is only ONE, but its perception and realisation could be many. This one might not be yours.

[Mr. Hyde]

ccc.png

if... and only if you assume momentum is on that line. At what point is it removed? wick or close? Where is the opposite momentum that removed this one?
remember It TAKES momentum...
Does it have to have similar appearance?...
Ok, lets assume you found momentum that removed momentum. what do u do with it? does it tell u the direction? is it a trigger?

Thats my understanding. The IDEA, i think is only ONE, but its perception and realisation could be many. This one might not be yours.

Look for momo to close over/under another momo bar or for it to get rejected.

My fav trades are against what some here think is momo but its just price spiking to revisit the highest high (were we look to exit).

[dojirock]

There ya go guys......

Now were getting somewhere. What is momentum to you? in the above pic, what is the definition of momo? You need to have a definition to trade it.
How can you trade it if you cant see it. Hindsight is easy to see, you dont even need a definition per say. Trading live, you need to know "ah ok, this just happened, whats next step. After we have a definition, can we trade with just Momentum? Is all momentum the same? Is there a bullish Momentum and a Bearish Momentum?

Im building a new trading computer so im not trading this week. Im going to start posting in my original thread just to clean some things up from when I was learning. See ya guys soon.

doji

[Mr. Hyde]

There ya go guys......

Now were getting somewhere. What is momentum to you? in the above pic, what is the definition of momo? You need to have a definition to trade it.
How can you trade it if you cant see it. Hindsight is easy to see, you dont even need a definition per say. Trading live, you need to know "ah ok, this just happened, whats next step. After we have a definition, can we trade with just Momentum? Is all momentum the same? Is there a bullish Momentum and a Bearish Momentum?

Im building a new trading computer so im not trading this week. Im going to start posting in my original thread just to clean some things up from when I was learning. See ya guys soon.

Cant wait for the new post. How many screens for your new trading computer.