The ideas that I trade by:

[elkin.fernandez]

I´m in the previous trade. I put wrongly my SL and I was stopped.

After reenter but I get confuse with eigths

After a day, I have only 1,2% instead of 15,4%

Now, EURNZD is run away of 50% fibo of bearish Momo 4H. Look like a good for new shorts.

[prochargedmopar]

Damn you.
Truth!

#DamnYou.JPG (72.53 KiB) Viewed 3871 times

[MightyOne]

Damn you.
Truth!

#DamnYou.JPG

All that you need to trade is a horizontal line but trading is more than a horizontal line.

You need:
1. an idea and a plan to execute that idea
2. proper position sizing
3. proper money management
4. a sense of how price moves, what people are thinking, and the average results of their actions.
5. the concept of harmony and momentum
6. to believe in the idea in the face of bitter results
7. to stack (it's foolish not to).
8. to trade to targets and not through targets.

[elkin.fernandez]

Almost all understood.

But, MO:
1. My language is spanish and when try to traslate "trade to target" and "trade through target" I cannot find differences.
¿What's the difference?

2. ¿What do you try to say when say "harmony"?

Greetings from Venezuela!!

JustTradeIt (JTI)

[MightyOne]

Almost all understood.

But, MO:
1. My language is spanish and when try to traslate "trade to target" and "trade through target" I cannot find differences.
¿What's the difference?

2. ¿What do you try to say when say "harmony"?

Greetings from Venezuela!!

JustTradeIt (JTI)

Harmony is when your small chart entry makes sense on a larger chart.

for_elkfern.png (6.94 KiB) Viewed 3753 times

[elkin.fernandez]

MO why do you change base of EIGTHS from median weekly range to average hourly ATR?

Just Trade It (JTI)

[MightyOne]

MO why do you change base of EIGTHS from median weekly range to average hourly ATR?

Just Trade It (JTI)

It makes more sense to project upwards than to project downwards: measuring the speed at which liquid is being poured into a bottle vs looking at how full the bottle is and trying to determine how quickly it was filled.

If you are looking for a Crash-zone type target then you might look for the smallest monthly range in the last 16 months and then project that range as shown in the attached picture.

targets.png (14.69 KiB) Viewed 3894 times

EURJPYMonthly.png (27.67 KiB) Viewed 3894 times

[elkin.fernandez]

MO I have a Indi EIGHTS shows that info now in NZDUSD pair:

I suppose is working with Median Weekly Range instead of Hourly ATR, isn´t it?



Just Trade It (JTI)

[MightyOne]

MO I have a Indi EIGHTS shows that info now in NZDUSD pair:

I suppose is working with Median Weekly Range instead of Hourly ATR, isn´t it?



Just Trade It (JTI)

SweetSpotsGOLD_EIGHTS & Buy7one use hourly ATR.

[elkin.fernandez]

That so different. LOL.

With the Indi of Salezy based in Median Weekly Range in H1 every lines is 3.7 pips,
With SweetSpotEIGHTS is 16 pips.

MO, ¿What does that mean?

1. 2 is $XX per pips (originally it was 1.01)

2. H8: 0/0

3. Price ha progressed XX pips in XXXX/1600 ticks



Just Trade It (JTI)