Mark Mark Trading Epic

[IgazI]

This is a Kagi chart. it is using 2 minute closing prices and 0.5 pip reversals; it is capturing every tick up to the close.

Most people look for entries and then generate stops behind their entry, but this is backward thinking;
you first mark the line that looks like a good stop location and then you generate a trigger from the stop.

The triggers are 2 or 3 lines from the marked stop and the actual stop is slightly less than 2 or 3 lines.

If you get stopped out then you keep drawing x's and generating triggers.

If you only learn how to place stops then you will have everything you need to confidently place orders.

Stop_then_trigger.png (74.65 KiB) Viewed 3729 times

[cheunt3]

Most people look for entries and then generate stops behind their entry, but this is backward thinking;
you first mark the line that looks like a good stop location and then you generate a trigger from the stop.

Love it

You're right, I use to always looking for entries first but someone mentored me that you gotta think how much you are willing per trade to lose first before entry. That's the easier path for your head for sure.

[IgazI]

Another Kagi example. . .

4 pips to reverse on the counting chart & 1 pip to reverse on the trade chart, both are using 2 minute closing prices.

If your minimum common number is '6' (the arrows) then you would wait for the chart to move through 6 lines before looking for a reversal trade;
marking x's and generating triggers.

Kagi.png (87.37 KiB) Viewed 3687 times

[IgazI]

Drink, horsey, drink

Live_Cattle.png (189.18 KiB) Viewed 3592 times

[IgazI]

You are looking at a 9 period Hull MA, on a daily bar chart, & a compressed history of the rotations (circles).

It is no more difficult to trade a daily chart than it is to trade a minute(s) chart, you just have to use a line interval that makes sense for
the chart that you are trading;

2/3 of the rotations will be single digit numbers and there be a smattering of double digit numbers when the lines 'make sense'.

M_GOLD.png (127.9 KiB) Viewed 3441 times

[buffalo]

This is a Kagi chart. it is using 2 minute closing prices and 0.5 pip reversals; it is capturing every tick up to the close.

Most people look for entries and then generate stops behind their entry, but this is backward thinking;
you first mark the line that looks like a good stop location and then you generate a trigger from the stop.

The triggers are 2 or 3 lines from the marked stop and the actual stop is slightly less than 2 or 3 lines.

If you get stopped out then you keep drawing x's and generating triggers.

If you only learn how to place stops then you will have everything you need to confidently place orders.

Stop_then_trigger.png

what made you decide on those spots for stop placement?

[IgazI]

This is a Kagi chart. it is using 2 minute closing prices and 0.5 pip reversals; it is capturing every tick up to the close.

Most people look for entries and then generate stops behind their entry, but this is backward thinking;
you first mark the line that looks like a good stop location and then you generate a trigger from the stop.

The triggers are 2 or 3 lines from the marked stop and the actual stop is slightly less than 2 or 3 lines.

If you get stopped out then you keep drawing x's and generating triggers.

If you only learn how to place stops then you will have everything you need to confidently place orders.

Stop_then_trigger.png

what made you decide on those spots for stop placement?

STEP_1: select an objective entry method:

red shoulders 'activate' green shoulders and green waists 'activate' red waists:

STEP_2: subtract half of a line from the entry signal.

STEP_3: place your stop on or in the middle of lines that are lower than the adjusted signal.

signal.png (26.04 KiB) Viewed 3358 times

[buffalo]

This is a Kagi chart. it is using 2 minute closing prices and 0.5 pip reversals; it is capturing every tick up to the close.

Most people look for entries and then generate stops behind their entry, but this is backward thinking;
you first mark the line that looks like a good stop location and then you generate a trigger from the stop.

The triggers are 2 or 3 lines from the marked stop and the actual stop is slightly less than 2 or 3 lines.

If you get stopped out then you keep drawing x's and generating triggers.

If you only learn how to place stops then you will have everything you need to confidently place orders.

Stop_then_trigger.png

what made you decide on those spots for stop placement?

STEP_1: select an objective entry method:

red shoulders 'activate' green shoulders and green waists 'activate' red waists:

STEP_2: subtract half of a line from the entry signal.

STEP_3: place your stop on or in the middle of lines that are lower than the adjusted signal.


signal.png

does this look right? buy boxes entry at top stop at bottom, sell box entry at bottom stop at top

6152021.png (24.84 KiB) Viewed 3327 times

[IgazI]

what made you decide on those spots for stop placement?

STEP_1: select an objective entry method:

red shoulders 'activate' green shoulders and green waists 'activate' red waists:

STEP_2: subtract half of a line from the entry signal.

STEP_3: place your stop on or in the middle of lines that are lower than the adjusted signal.


signal.png

does this look right? buy boxes entry at top stop at bottom, sell box entry at bottom stop at top

6152021.png

Yes, that's fine; price moving through lines, or halves, in the direction of the activated carrot.

Good job!

eg_png.png (25.71 KiB) Viewed 3296 times

[IgazI]

21 boxes so far when will it end? 30+ is pretty rare. . .

K_Willy_Fractals.png (75.78 KiB) Viewed 3259 times