How to be a MOnster

[Mira]

This is just for try to apply what MO is teaching.

Big bearish candles on the left are suggesting me that price entered a TP area.
There is a pattern and a bullish BO, price drops returning to the pattern with the largest candle on the screen.
Now price raises with no bullish momentum, then a higher pattern.
A bearish BO signals a clear break of the uptrend.

Now i'm waiting to see what price does coming back to the pattern, bias is bearish but i'm going to reverse if i'm wrong.

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[MightyOne]

Art Class

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[Mira]

Art Class

for_Mira.png

At the end price closed above, I was suspecting a bullish move from the middle btw..

MO, would you suggest me a way to see overbought/oversold conditions?
I'm trying to avoid taking ALL the zones i find

Thank you MO!

[Mira]

Not SO many pips (and i hate small charts) but it made its job!

Long from the lower red line to the higher red line

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[MightyOne]

Not SO many pips (and i hate small charts) but it made its job!

Long from the lower red line to the higher red line

We needed those blue bars to break through but it just didn't happen.

It is not good to draw lines in front of your trade ("build walls") until you see how price reacts.
Once it is your plan to go short then you drop lines on or behind your intended trade and remove
any walls that are blocking your path.

for_Mira.png (12.98 KiB) Viewed 2790 times

[Mira]

Not SO many pips (and i hate small charts) but it made its job!

Long from the lower red line to the higher red line

We needed those blue bars to break through but it just didn't happen.

It is not good to draw lines in front of your trade ("build walls") until you see how price reacts.
Once it is your plan to go short then you drop lines on or behind your intended trade and remove
any walls that are blocking your path.


for_Mira.png

Thank you MO!

"We needed those blue bars to break throug.."
What do you mean?
I was looking at the zone to the left, this is why i closed..

btw

is there a way to easy track lines made/lost?

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I took this trades and now i have 13 lines (risked 6, 3-3)
The first time i placed a take profit and price made a super move..

[dojirock]

Simply Beautiful!

doji

Not SO many pips (and i hate small charts) but it made its job!

Long from the lower red line to the higher red line

We needed those blue bars to break through but it just didn't happen.

It is not good to draw lines in front of your trade ("build walls") until you see how price reacts.
Once it is your plan to go short then you drop lines on or behind your intended trade and remove
any walls that are blocking your path.


for_Mira.png

Thank you MO!

"We needed those blue bars to break throug.."
What do you mean?
I was looking at the zone to the left, this is why i closed..

btw

is there a way to easy track lines made/lost?

UJ.png

EU.png

I took this trades and now i have 13 lines (risked 6, 3-3)
The first time i placed a take profit and price made a super move..

[MightyOne]

Simply Beautiful!

doji

That was pretty, when Mira learns how to 'stack' then it will be beautiful

[Mira]

Simply Beautiful!

doji

That was pretty, when Mira learns how to 'stack' then it will be beautiful

LOL

Thank you guys! I'm trying to do my best.

About stacking I'm trying to study a way to make it easy, I don't want to trade small sizes but I don't want to fly too high too fast too.

Entries are getting simple now.. in a moment I passed from buying/selling too late to trading when price is going over my zone just to reach a better price.

The problem is that I still don't know what "method" I'm going to use, and this is why I fee confused sometimes.
I feel good drawing what I see: closes in MO style or a Doji Zone.. maybe a MZ or a fibo tool, but I think that i haven't enough experience to have NOT a plan..

[Mira]

I want to believe

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