Mr. D's Humble Quest in the Wick Land

[aliassmith]

I'm really basic when it comes to what I learned from MO. He had a lot to offer and if you focus on everything you will probably get lost. When I learned about the concept of price moving to cancel out profit that is what stuck with me. I then went on to see how "patterns" fit into that scenario. In the picture I see price bouncing off of "support". I see price breaking out then returning to the break out. I also see the higher line I made as a target to get out, where traders would be zeroed out.

I am a short term trader with a little big chart thrown in.

[LeMercenaire]

I'm really basic when it comes to what I learned from MO. He had a lot to offer and if you focus on everything you will probably get lost. When I learned about the concept of price moving to cancel out profit that is what stuck with me. I then went on to see how "patterns" fit into that scenario. In the picture I see price bouncing off of "support". I see price breaking out then returning to the break out. I also see the higher line I made as a target to get out, where traders would be zeroed out.

I am a short term trader with a little big chart thrown in.

Yeah, that's pretty much where I went with it. I just don't get all the other stuff like ''space'' and the more complex mm techniques. Then again, I never really tried. I found something that worked for me and stuck with it.

[LeMercenaire]

How's this?

Daily ''RAT'', c/w my Long Time Frame stuff. Used this chart as that was the main one I was working with today and so it was open in front of me.

Russ2K Daily HA Chart

Screenshot 2019-03-06 at 19.37.32 - Edited.png (69.99 KiB) Viewed 2117 times

I'm going to continue these musings sitting on the box in my yard.

[Mr. D]

'Morning!

Another explanation of the 'Risk Box', this one is from the beginning of 2016,

post85397#p85397

[Mr. D]

I'm really basic when it comes to what I learned from MO. He had a lot to offer and if you focus on everything you will probably get lost. When I learned about the concept of price moving to cancel out profit that is what stuck with me. I then went on to see how "patterns" fit into that scenario. In the picture I see price bouncing off of "support". I see price breaking out then returning to the break out. I also see the higher line I made as a target to get out, where traders would be zeroed out.

I am a short term trader with a little big chart thrown in.

All input is welcome, especially if you got to interact with MO

You put it very well , "price moving to cancel out profit." I call it, the market hunts the stops. In that way, I am going a similar path, trying to figure out patterns and Price Action "MO style". Currently, trying to get my mind around the concept of cones.

A separate thanks for the picture. Helps to clear things out.

[Mr. D]

Pick a zone and trade it,

post85724#p85724

[Mr. D]

A couple of patterns and about the use of patterns,

post85872#p85872

[Mr. D]

Speaking of OPM,

post86388#p86388

[Mr. D]

MO's top 3 ideas in March 2016,

post86616#p86616

[Mr. D]

Smaller triangles can form bigger triangles,

post87297#p87297