Never Lose Again

[prochargedmopar]

Blubb,
Will you please post the latest versions of your z-line and double alert indicators.
Thanks.

[aVi]

Hi MO, I really like your trading ideas, but it took me couple of days to understand your posts. Sometimes it is not easy, quite hard style

I have just question about 3 trades I took today on EU. Is it your dynamic trend and "magic boxes" aka largest retracements or I am totally wrong and it was just luck????

Nice trading.

[MightyOne]

You did very well Manta and I could not find any fault in your actions.

When you move beyond the technical and see the psychology then you will be outstanding.

Hi MO, I really like your trading ideas, but it took me couple of days to understand your posts. Sometimes it is not easy, quite hard style

I have just question about 3 trades I took today on EU. Is it your dynamic trend and "magic boxes" aka largest retracements or I am totally wrong and it was just luck????

[inzider]

Hi all!

I like this idea of "magic" box but only wonder how can you evaluate witch is the larger correction before it happen.

I mean, you can keep last one in memory, but what if next one is larger, will it be consider directly as a reversal... Looking afterwhile on chart it look logic but going trough a trend you can never know if this correction is the one to work from.

Maby the breakout reverse thing is the solution, or maby i'm on the wrong side of the track.

Any answer would be appreciated!
Later!

[bgungor68]

Yes ,Calculation is true but only Theory. You can't win every position. May be Every Ten posiziton you can win only 2 or 3.. İf you use Trendy follow system system, you loss every posziton in Choppy market.. you buy High, you sell Low..

[inzider]

This been very appreciated!
Thx alot Manta!

Isn't the best thread ever!?!
Thx all!

Hi all!

I like this idea of "magic" box but only wonder how can you evaluate witch is the larger correction before it happen.

I mean, you can keep last one in memory, but what if next one is larger, will it be consider directly as a reversal... Looking afterwhile on chart it look logic but going trough a trend you can never know if this correction is the one to work from.

Maby the breakout reverse thing is the solution, or maby i'm on the wrong side of the track.

Any answer would be appreciated!
Later!

Hi inzider,
it is easy, just draw the magic box on last correction and move it higher or lower with every new bar close. If the next bar closes outside the box, then you have breakout. Wait for retracement back inside the box and go with 2nd breakout to opposite side. Simple. If you dont see it, use movement between last two numbers 3 on semafor as reference. Semafor only shows high/low in last n bars. OK, it is not 100% holy grail, but it works very well.

[prochargedmopar]

Hi MO, I really like your trading ideas, but it took me couple of days to understand your posts. Sometimes it is not easy, quite hard style

I have just question about 3 trades I took today on EU. Is it your dynamic trend and "magic boxes" aka largest retracements or I am totally wrong and it was just luck????

manta,
Will please give the name and location of the ATR indicator that you have on the right lower portion of your screen shot?
Thanks.

[razorboy]

good stuff - taken me a while to get my head around this concept

Just a question though - the boxes on your second set of trades - they look to "long" time wise - original correction looks like it was done in 6 bars but your box is longer. any reason?


thanks

Hi MO, I really like your trading ideas, but it took me couple of days to understand your posts. Sometimes it is not easy, quite hard style

I have just question about 3 trades I took today on EU. Is it your dynamic trend and "magic boxes" aka largest retracements or I am totally wrong and it was just luck????

[razorboy]

I'm still waiting for some confirmation from MO as to whether or not time is a factor - I suspect that it is because it relates to momentum.

Just my own thoughts

[prochargedmopar]

Thanks manta for the indy.
Much appreciated