How to be a MOnster

[Mira]

1.PNG (12.42 KiB) Viewed 3435 times

2.PNG (15.66 KiB) Viewed 3435 times

[elkin.fernandez]

MO, how many H1 candles you have in account to calculate width of lines?

[aliassmith]

MO, how many H1 candles you have in account to calculate width of lines?

ATR(32) I believe I saw on his chart.

[MightyOne]

MO, how many H1 candles you have in account to calculate width of lines?

ATR(32) I believe I saw on his chart.

I use 32 but I wouldn't say that he 'has to' use 32.

40% of the Hourly or
53% of the M30 is
roughly the same.

What do you use Alias?

[elkin.fernandez]

I'm using 40% hourly.

Thanks MO.

[aliassmith]

MO, how many H1 candles you have in account to calculate width of lines?

ATR(32) I believe I saw on his chart.

I use 32 but I wouldn't say that he 'has to' use 32.

40% of the Hourly or
53% of the M30 is
roughly the same.

What do you use Alias?

((.57×sqrt(atr(46)))/(atr(19)×Ω7)

Lol..I think I use ATR(14) default. I don't do any calcs with it I only look for avg movement to see it targets make sense. The GBPJPY is about 7 pips ATR on the M5 when I trade it.

Btw..I think ATR(32) of the M15 is about the same as your 40% of H1.

As a side note, I am considering writing code for a median indicator instead of the ATR. My coding is fairly weak so I haven't attempted it yet.

[Mira]

Let's try this one

7AD870D2-647A-4518-8427-93E4C483C702.png (72.66 KiB) Viewed 3371 times

[thepark]

On a D1 it’s just a wick, but how do we know that it’s not a 50% BO on a smaller tf?

3C3B6231-8F03-4729-B606-68D56CD9AFD5.png

50% breakout? Any sane person is going to be taking profit after a drop like that.

logic.png

Why do you confuse yourself like you don't know how to trade?

The methods (current, not retro) are so easy that one cannot screw it up;
I don't care if he has down syndrome, he is going to get it right.

Sell where you see selling.
Buy where you see buying.
Take profit where you see profit taking (50%ish &| where you see buying/selling)

Large chart price level (where do you see B/S?), close over said level, close over that new level, ...
Now you are at your trade chart: risk lines and make lines (+2 or 3, increase size, repeat*8, ..., MN is red, hold short)
1.png2.png3.png

hi MO

where would you short in H4/M30?
if you shorted around the diagonal line on M30, theres a huge change your short is too early since it hasn't confirmed down yet or gone all the way back up the H4 extreme.

and what are the strengths of this set up that make it tradeable?
what does the diagonal line represent?

is this tradeable if this was not an old D1 resistance? just from the H4 setup?

[Mira]

Let's try this one

7AD870D2-647A-4518-8427-93E4C483C702.png

Closed, perfect short.

I’m sorry guys and I’m sorry MO.. I feel like you’re wasting your time with me.
What you see on the chart is amazing, I don’t spend a second without dreaming to get there but it’s not easy.

You put a line on the chart and the market obeys
but I’m not MightyOne, I’m not Aliassmith, I’m not Jalarupa and I’m not DojiRock.

I’m just Mira.. and i have to accept it

[forexmoney]

Let's try this one

7AD870D2-647A-4518-8427-93E4C483C702.png

Closed, perfect short.

I’m sorry guys and I’m sorry MO.. I feel like you’re wasting your time with me.
What you see on the chart is amazing, I don’t spend a second without dreaming to get there but it’s not easy.

You put a line on the chart and the market obeys
but I’m not MightyOne, I’m not Aliassmith, I’m not Jalarupa and I’m not DojiRock.

I’m just Mira.. and i have to accept it

they did not start out of the box the great traders they are you know as well as anyone it takes hard work to get where they are
you will get there you are on your way there you are a better trader than 90 %. I wish I had the knowledge you have.