How to be a MOnster

[prochargedmopar]

Where did price come from (a)? The short trades definitely didn't come from c.

The mere fact that 'b' is a breakout tells you that 'c' is not a line separating a pattern from a breakout:
because a pattern is always behind the breakout.

Everything is patterns and breakouts, if you don't have everything then what do you have?

EURJPY H4
for_Mira.png

Nothing, cuz it sure ain't something.

[prochargedmopar]

Where did price come from (a)? The short trades definitely didn't come from c.

The mere fact that 'b' is a breakout tells you that 'c' is not a line separating a pattern from a breakout:
because a pattern is always behind the breakout

EURJPY H4
for_Mira.png

WhatsThis.JPG (42.89 KiB) Viewed 2932 times

[Mira]

Here i took a loss because of spread I hate this things

TP1 was there but, due to the high spread (AGAIN) my short was too low to take profits so close.. so i planned a lower exit.
It's a loss but i'm living it like a win

TRADE 5.png

It's nutty how different a 30m chart can look from one platform to the next.
NotSame.JPG

I know what you mean PRO, but looking at your chart lines were the same:

Close above/below the mid red line, stop at the extreme, target. That green line (fake level?) was on my chart too

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[Mira]

Where did price come from (a)? The short trades definitely didn't come from c.

The mere fact that 'b' is a breakout tells you that 'c' is not a line separating a pattern from a breakout:
because a pattern is always behind the breakout.

Everything is patterns and breakouts, if you don't have everything then what do you have?

EURJPY H4
for_Mira.png

Thanks MO, it definitively makes sense.. breakouts "push" from patterns!

[Mira]

Below/Above my "long" line.. then i looked for the first bearish BO (i checked bigger tf too) for my target.
Spread on GU is acceptable btw

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[MightyOne]

Pretty much the same as Mira sees it...

I've used many different start times, XCC charts, etc, and I have come to the conclusion that I should just trade what I see on whatever chart that I am looking at.

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[Mira]

I took a loss here, something went wrong..

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[MightyOne]

I took a loss here, something went wrong..

Too much advice in one day will only lead to despondency.

[Mira]

Perfect from the pattern below to the upper red line

TRADE 8 (later or tomorrow I'm going to post a chart from my pc)

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[Mira]

I took a loss here, something went wrong..

Too much advice in one day will only lead to despondency.

Yep you're right, it's enough for today

Thank you MO!