btw
How are you V8?
In these days, waiting for your return, MO helped me to reinforce the ideas behind space and midpoints.
Jala and the other guys on the board had some conversations about angles but I'm slow on advanced stuff.
I also remembered what you told me (to not change what I was doing) so, since volumes are low in these days and PA is freak sometimes, I decided to sum up thighs.
This is what I'm seeing:
we are always in a range, so the first step is to define it
- IMG_1172.PNG (57.21 KiB) Viewed 2525 times
if price is above the midpoint it's going up, if it's below it's going down. Closed candles show the Truth.
Then I just look for breakouts.. I'll see midpoints/Middles of Momos/1-2-3/Zs converging to the same line (confluence?), 75%/25%, midpoints of smaller ranges etc.
what matters is to sell high and buy low.
- IMG_1174.PNG (68.61 KiB) Viewed 2525 times
When I see price stopping with a close around these lines I drop timeframe (if I want to work with 2+ tfs) and just look for the same setups forming.
How many lines I'm going to risk? What is the target?
What I'm going to do if this or that happen?
If everything fits I'm taking the trade inside a zone.
Do you see something wrong? Thanks for helping