The ideas that I trade by:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu May 04, 2017 6:43 pm

Mira wrote:
MightyOne wrote:for_Mira.png


Uh ok, got it! Is this price closing over a line (first way)?

Thank you MO


Price closing between lines (b)

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Postby MightyOne » Fri May 05, 2017 5:21 am

CloseOnly_Area_PNF.png
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Mira
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Re:

Postby Mira » Fri May 05, 2017 10:46 am

MightyOne wrote:CloseOnly_Area_PNF.png



Cool! The BO is more visible with the Big Road than with the other charts.

But are you considering a specific formation to see patterns breakouts?
(I don't know if I have formulated a comprensible question, sorry)

Thank you MO!
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Re: Re:

Postby MightyOne » Fri May 05, 2017 3:34 pm

Mira wrote:
MightyOne wrote:CloseOnly_Area_PNF.png


Cool! The BO is more visible with the Big Road than with the other charts.

But are you considering a specific formation to see patterns breakouts?
(I don't know if I have formulated a comprehensible question, sorry)

Thank you MO!


I am just looking at column lengths and breakouts.

There are a few nuances but you'll easily pick them up along the way.

for_Mira.png
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EDIT: I don't want to see price close below the yellow line.

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Re: The ideas that I trade by:

Postby MightyOne » Fri May 05, 2017 4:24 pm

for_Mira.png
for_Mira.png (3.97 KiB) Viewed 762 times


If price closes in an area then you mark points to that area.

The entries are the same as the HI/LO method.

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Mira
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Re: The ideas that I trade by:

Postby Mira » Fri May 05, 2017 6:21 pm

MightyOne wrote:for_Mira.png

If price closes in an area then you mark points to that area.

The entries are the same as the HI/LO method.



I'm following MO, thank you!

So the Big Road helps us to not get fooled by smaller breakouts.. ?
It creates bigger patterns every time that price closes in an area, and this why a BO is visible only when we have a longer column :idea:
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Re: The ideas that I trade by:

Postby MightyOne » Sat May 06, 2017 6:14 pm

Mira wrote:
I'm following MO, thank you!

So the Big Road helps us to not get fooled by smaller breakouts.. ?
It creates bigger patterns every time that price closes in an area, and this why a BO is visible only when we have a longer column :idea:


It helps me in a number of ways:
1) ease of comparing column lengths
2) neutral rendering of price history
3) it is compact and to the point
4) it can be used to record other outcomes:
Did I make 20 pips today? Blue = YES, Red = NO.
Did price continue 10 more pips after I exited? Blue = YES, Red = NO.
Did price close beyond an extreme after a breakout?
etc.

In a casino you can use it to track Player/Banker, Pass/Don't Pass, etc.

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Re: The ideas that I trade by:

Postby Mira » Sun May 07, 2017 8:16 pm

MightyOne wrote:
Mira wrote:
I'm following MO, thank you!

So the Big Road helps us to not get fooled by smaller breakouts.. ?
It creates bigger patterns every time that price closes in an area, and this why a BO is visible only when we have a longer column :idea:


It helps me in a number of ways:
1) ease of comparing column lengths
2) neutral rendering of price history
3) it is compact and to the point
4) it can be used to record other outcomes:
Did I make 20 pips today? Blue = YES, Red = NO.
Did price continue 10 more pips after I exited? Blue = YES, Red = NO.
Did price close beyond an extreme after a breakout?
etc.

In a casino you can use it to track Player/Banker, Pass/Don't Pass, etc.



Cool!

Do you think that there is a way to find overbought and oversold conditions only on the Big Road?

thanks MO!
__________ :smt096 __________

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Re: The ideas that I trade by:

Postby MightyOne » Mon May 08, 2017 1:32 am

Mira wrote:
Cool!

Do you think that there is a way to find overbought and oversold conditions only on the Big Road?

thanks MO!



No, it only tracks price movement.

Brzoza
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Re: The ideas that I trade by:

Postby Brzoza » Wed May 31, 2017 1:27 pm

Hi Mighty,
You still think that only what we need togood trade is three candles ?
What is important: the midpoint of the latest closed bar or the high/low of the latest closed bar?
P.s. sorry for my english

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