How to be a MOnster

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MightyOne
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Re: Period converter

Post by MightyOne »

Mira wrote:
Thanks MO!

Sorry, I don't know if I understood right :(
I wanted to change the start time to watch for a D1 close in the afternoon, i.e., and not in the night.

I'm not getting if you are telling me to watch for closes on smaller periods..

Thank you much!


I think that you would be better off just looking for an H4 price level than going through the trouble of changing the start time of your daily chart.

Only Mira knows what Mira should do, I can only tell you what I would do.
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Mira
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Re: How to be a MOnster

Post by Mira »

Stage two:

Now I'm not interested in buying at the current price, that daily momo is my occasion to get it at a lower level.

Orange line is where price stopped (1) at a momo 50% (2).

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Red lines are a confluence of Zs, BO/BI, Doji Zone (see the zone around lines) and momentum.

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At the tops there is a BO/BI (current price), so it could be a scalp short, at the bottoms there isn't a "fresh" level aka "unused" BO/BI.

But at the midpoint of the daily momo there is another imaginary red line (the Magenta one) with the most recent BO/BI.. still not used. :idea:

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Mira
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Re: How to be a MOnster

Post by Mira »

Meanwhile.. price is doing me the favor of moving, maybe, so I shorted more at the orange zline:

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Mira
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Re: Period converter

Post by Mira »

MightyOne wrote:
Mira wrote:
Thanks MO!

Sorry, I don't know if I understood right :(
I wanted to change the start time to watch for a D1 close in the afternoon, i.e., and not in the night.

I'm not getting if you are telling me to watch for closes on smaller periods..

Thank you much!


I think that you would be better off just looking for an H4 price level than going through the trouble of changing the start time of your daily chart.

Only Mira knows what Mira should do, I can only tell you what I would do.


Thank you MO! You're right.. better set an alert ringing every 4H (I always forget the right candle close lol)
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Mira
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Re: How to be a MOnster

Post by Mira »

Take profits Mira, TAKE PROFITS :x :evil: #-o
My short is over..

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Post by MightyOne »

Where did you imagine that it would go, Mira?

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Mira
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Re:

Post by Mira »

MightyOne wrote:Where did you imagine that it would go, Mira?

EURGBPH4.png


I knew that it was risky but I was planning to buy lower, around 0.8888.. obviously I was wrong. :lol:
The midpoint for me wasn't the orange line but the oval in the middle :shock:

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Re: Re:

Post by MightyOne »

Mira wrote:
I knew that it was risky but I was planning to buy lower, around 0.8888.. obviously I was wrong. :lol:
The midpoint for me wasn't the orange line but the oval in the middle :shock:



I am usually only looking back 30 bars behind the active candle down to a minimum of 30 hours.
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Post by MightyOne »

Do you remember this chart?

GBPJPYM30.png
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Mira
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Re:

Post by Mira »

MightyOne wrote:Do you remember this chart?

GBPJPYM30.png


Thanks MO

Yes I remember, but now I think I haven't understood.. :roll:
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