The idea's we trade by, so we never lose again. p2. The students become the masters

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Jalarupa
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Jalarupa » Tue Jun 21, 2016 1:29 am

v8power wrote:Up red trendline price seem to respect and do what I would have thought. Down red one not so much. Maybe later this week price finally rejects it, instead of blowing through it like it has been doing?

usdcad-h1-oanda-division1.png


That means there is something wrong with your down trend line :lol: you getting warmer
Feed my will to feel this moment urging me to cross the line!
Reaching out to embrace the random!
Reaching out to embrace whatever may come!

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Jalarupa
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Jalarupa » Tue Jun 21, 2016 1:33 am

Here's a look at that chart we were looking at earlier lib...

PicsArt_06-21-03.27.24.jpg
PicsArt_06-21-03.27.24.jpg (191.27 KiB) Viewed 388 times


Falling prices get held by upward sloping

Rising prices get held by downward sloping

It's like fcking voodoo magick man!
Wahahahahahahahahaha
Feed my will to feel this moment urging me to cross the line!
Reaching out to embrace the random!
Reaching out to embrace whatever may come!

Trade management by <<FX SYNERGY>>
<<Tickmill Trading>>

v8power
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Tue Jun 21, 2016 1:37 am

Anyone want to guess what GU does Tuesday and maybe even Wed. Easy sell for 300 pips. Over/under, daily extreme, take trade with cc color, close gap. Its all the same

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Jalarupa
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Jalarupa » Tue Jun 21, 2016 1:43 am

images.jpg
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Feed my will to feel this moment urging me to cross the line!
Reaching out to embrace the random!
Reaching out to embrace whatever may come!

Trade management by <<FX SYNERGY>>
<<Tickmill Trading>>

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Libertarian » Tue Jun 21, 2016 1:45 am

:lol:

Jalarupa wrote:Here's a look at that chart we were looking at earlier lib...

PicsArt_06-21-03.27.24.jpg

Falling prices get held by upward sloping

Rising prices get held by downward sloping

It's like fcking voodoo magick man!
Wahahahahahahahahaha

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v8power
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Tue Jun 21, 2016 1:52 am

Jalarupa wrote:
v8power wrote:Up red trendline price seem to respect and do what I would have thought. Down red one not so much. Maybe later this week price finally rejects it, instead of blowing through it like it has been doing?

usdcad-h1-oanda-division1.png


That means there is something wrong with your down trend line :lol: you getting warmer


See that's what I don't get. Its almost the same as yours on the EJ. Point one shows it near an extreme, 2 it blow through it, 3 it breaks back in then finally today you got 4 and it held price.

Mine shows the same but my 4 just hasn't hit yet, maybe tue or wed?
PicsArt_06-21-03_27_24.jpg
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v8power
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Tue Jun 21, 2016 1:59 am

Jalarupa wrote:Here's a look at that chart we were looking at earlier lib...

PicsArt_06-21-03.27.24.jpg

Falling prices get held by upward sloping

Rising prices get held by downward sloping

It's like fcking voodoo magick man!
Wahahahahahahahahaha


So would you use those lines for tues-fri, or were they just for today? Do you think that the bottom angle is going to hold price above it? Do you expect price to make it back to the upper line? Is your bottom angle considered incorrect if price blows throughit?

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Tue Jun 21, 2016 2:07 am

eurjpy-d1-oanda-division1-2.png
eurjpy-d1-oanda-division1-2.png (80.27 KiB) Viewed 376 times
eurjpy-h4-oanda-division1.png
eurjpy-h4-oanda-division1.png (76.66 KiB) Viewed 376 times
eurjpy-h1-oanda-division1.png
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eurjpy-m15-oanda-division1.png
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Jalarupa
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Jalarupa » Tue Jun 21, 2016 2:16 am

That's a fat cat... ;)
Feed my will to feel this moment urging me to cross the line!
Reaching out to embrace the random!
Reaching out to embrace whatever may come!

Trade management by <<FX SYNERGY>>
<<Tickmill Trading>>

v8power
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Tue Jun 21, 2016 2:22 am

MightyOne wrote:
Start with the basic pattern, a double hook, and notice that the second hook is a breakout that defines the triangle:

"I saw a triangle around here somewhere...
*moves dirt with foot*
...& this spot where the cricket jumped up and tried to bite me in the knee is not part of it"

Start with the simple and then add to it if needed.
It might be the case that you adjust the placement &/or angle of the lines having found the median line.

Image



Maybe something simpler for me. I see the double hook and place my angle cutting it. Then find its downward opposite angle. Then a channel and a median line. This kind of correct?

eurjpy-h4-oanda-division1-2.png
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