MO's MBT Micro

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Humble
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Postby Humble » Sat Nov 28, 2009 1:14 am

Being in Australia I've never wished anyone happy Thanksgiving before, but I have now, thanks MO. (or isn't that how you do it!) Also what Brookmyre said.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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MightyOne
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Postby MightyOne » Sun Nov 29, 2009 4:41 am

Braathen wrote:Nice one brookmyre :) :)

MO.. was looking at this statement "Price to move 1/6 from the low or the open" now the "from the low" part.. when u get the time is there any chance you could stick up a little pic of your fibo placement on that.. ive seen your pics from open with box and fibo.. ill look back through it all incase i missed it


Image

AndreasF
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Postby AndreasF » Sun Nov 29, 2009 5:00 am

Hi Mo

what happened to your plan to turn a Micro-account into 450,000$ ?

Thanks
Andreas

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MightyOne
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Postby MightyOne » Sun Nov 29, 2009 8:49 am

AndreasF wrote:Hi Mo

what happened to your plan to turn a Micro-account into 450,000$ ?

Thanks
Andreas


Nothing...

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rushN4
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Postby rushN4 » Sun Nov 29, 2009 12:13 pm

Hello all,

here is another stupid question from me. :-)

i still dont get it how MO draw the box on his charts (page 25). "Divide the 2 bar range by 6 and draw a box that = 1/6 the range. "....

my charts look different...what did i do wrong?

Can someone explain it to me?

here are some pics
Image
Image
No matter where life takes you, you will always check the market and always want to continue being a part of it. It's like that first true love, it will always be there no matter what the distance, no matter whether they are alive or dead.

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MightyOne
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Postby MightyOne » Sun Nov 29, 2009 12:54 pm

rushN4 wrote:Hello all,

here is another stupid question from me. :-)

i still dont get it how MO draw the box on his charts (page 25). "Divide the 2 bar range by 6 and draw a box that = 1/6 the range. "....

my charts look different...what did i do wrong?

Can someone explain it to me?

here are some pics
Image
Image


Divide the 2 bar AVERAGE RANGE by 6 and space the fibo so that it is 1/6 the average from line to line.

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rushN4
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Postby rushN4 » Sun Nov 29, 2009 1:13 pm

MightyOne wrote:
rushN4 wrote:Hello all,

here is another stupid question from me. :-)

i still dont get it how MO draw the box on his charts (page 25). "Divide the 2 bar range by 6 and draw a box that = 1/6 the range. "....

my charts look different...what did i do wrong?

Can someone explain it to me?

here are some pics
Image
Image


Divide the 2 bar AVERAGE RANGE by 6 and space the fibo so that it is 1/6 the average from line to line.


Thank you MO.

I think i understand it now. here are some pics. Is this correct?

Image
Image
No matter where life takes you, you will always check the market and always want to continue being a part of it. It's like that first true love, it will always be there no matter what the distance, no matter whether they are alive or dead.

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MightyOne
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Postby MightyOne » Sun Nov 29, 2009 1:57 pm

rushN4 wrote:
MightyOne wrote:
rushN4 wrote:Hello all,

here is another stupid question from me. :-)

i still dont get it how MO draw the box on his charts (page 25). "Divide the 2 bar range by 6 and draw a box that = 1/6 the range. "....

my charts look different...what did i do wrong?

Can someone explain it to me?

here are some pics
Image
Image


Divide the 2 bar AVERAGE RANGE by 6 and space the fibo so that it is 1/6 the average from line to line.


Thank you MO.

I think i understand it now. here are some pics. Is this correct?

Image
Image


That is how it is done...

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JESGPY
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Postby JESGPY » Sun Nov 29, 2009 3:00 pm

MO.

So according to the entry triggers you posted we need to find an option that bets that price will move in that direction.. and to make the bet interesting we have to find one that if far from 100 and near to 0 (if betting in favor of the options outcome), or a bet that says price will move toward our entry and bet against it, in this case trying to buy near 100 aiming for it to go to 0.

If i am mistaken please correct me.

Thanks for showing us this interesting idea.

JUAN

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Braathen
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Postby Braathen » Sun Nov 29, 2009 7:47 pm

Thanks MO :) :) i wish you luck with the yearly bar :twisted:
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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