PowerX Strategy "PowerZ"

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IgazI
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Fri Apr 14, 2023 2:54 am

prochargedmopar wrote:
By the way, "overtrading" is the least of my struggles. No such thing. :mrgreen:


I'd be more concerned if you didn't "overtrade"; that would mean that you are doing too much thinking and not enough making money :lol:
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kiwiarian
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Re: PowerX Strategy "PowerZ"

Postby kiwiarian » Fri Apr 14, 2023 3:06 am

IgazI wrote:
prochargedmopar wrote:
By the way, "overtrading" is the least of my struggles. No such thing. :mrgreen:


I'd be more concerned if you didn't "overtrade"; that would mean that you are doing too much thinking and not enough making money :lol:

hmm ok, I recall Don saying the anchor trade isn't enough by itself and needs scalping to compliment it.

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Re: PowerX Strategy "PowerZ"

Postby IgazI » Fri Apr 14, 2023 3:10 am

That D1 life :lol:

ADAUSD_M10_RANGES.png
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Fri Apr 14, 2023 3:12 am

kiwiarian wrote:
IgazI wrote:
prochargedmopar wrote:
By the way, "overtrading" is the least of my struggles. No such thing. :mrgreen:


I'd be more concerned if you didn't "overtrade"; that would mean that you are doing too much thinking and not enough making money :lol:

hmm ok, I recall Don saying the anchor trade isn't enough by itself and needs scalping to compliment it.


IDK, I'm pretty sure that one 42R trade is enough for the year :lol:
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Re: PowerX Strategy "PowerZ"

Postby kiwiarian » Fri Apr 14, 2023 3:26 am

IgazI wrote:
kiwiarian wrote:
IgazI wrote:
I'd be more concerned if you didn't "overtrade"; that would mean that you are doing too much thinking and not enough making money :lol:

hmm ok, I recall Don saying the anchor trade isn't enough by itself and needs scalping to compliment it.


IDK, I'm pretty sure that one 42R trade is enough for the year :lol:

Yeah, that would do it ha ha. I think he has two anchor trades and one didn't happen as much. If Don is running a big empire he probably needs that in between income as well. :D

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Re: PowerX Strategy "PowerZ"

Postby kiwiarian » Fri Apr 14, 2023 3:29 am

IgazI wrote:That D1 life :lol:

ADAUSD_M10_RANGES.png

what was that wavy blue line, did you say a triangular something?

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Re: PowerX Strategy "PowerZ"

Postby IgazI » Fri Apr 14, 2023 3:48 am

kiwiarian wrote:
IgazI wrote:That D1 life :lol:

ADAUSD_M10_RANGES.png

what was that wavy blue line, did you say a triangular something?


It is a 35 period triangular moving average (TRIMA).

dchappy was fond of drawing trendlines based on the angles of slow MA and exiting trades when the lines broke.

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Re: PowerX Strategy "PowerZ"

Postby kiwiarian » Fri Apr 14, 2023 4:17 am

IgazI wrote:
kiwiarian wrote:
IgazI wrote:That D1 life :lol:

ADAUSD_M10_RANGES.png

what was that wavy blue line, did you say a triangular something?


It is a 35 period triangular moving average (TRIMA).

dchappy was fond of drawing trendlines based on the angles of slow MA and exiting trades when the lines broke.

TRIMA.png

OK thanks, I have never used that one before, will have a bit of play to see what it looks like.

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Re: PowerX Strategy "PowerZ"

Postby IgazI » Fri Apr 14, 2023 12:51 pm

I placed an order to buy another 255,000 Jasmy at a price of $0.0062, we'll see if I get a fill.

I sold 5000 ADA, I still have an order to sell ADA at $0.474 for $6000, I'm holding 25000 ADA on the Tangem wallet.

I'll update the signature when I get around to it :lol:

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Re: PowerX Strategy "PowerZ"

Postby IgazI » Fri Apr 14, 2023 2:34 pm

The wicks are more for visual pleasure than for anything else. . .
if price is below ranges then it is going down, it's that simple.


I'm going with drawing wicks when the direction of the gap and the color of the range match.

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