Kreslik.com - traders community since 2006

Dissecting patterns:



If i were able to do this live too....

MightyOne wrote:
A short term trade would have to turn into a larger move and longer term trade.

Retreat prior to a correction and then enter in the previous direction.

Trading is a delicate balance between short term momentum and long term position.

Magic Words

Anyway, from my perspective you need to remember that in trading, like in any business you invest in idea, sometimes it works and sometimes it just doesn't. Hi pawel! Thank you for the post, you're right. This is very important and I need to learn it asap.. I asked just because I'm not always sure ...

salezyakuku wrote:I had long bias after LO HAGO, there was HI HTBL weekly zone and monthly mid.

Hi salezuyakuku!

You mastered HAGO very well!
I was looking for the Hago Strategy/Idea but I didn't find much.. do you have some link with explanations?

Thank you much!

I don't know what went wrong with this

There was a close under a line with BDP



On a lower tf price made wickdolls and BDP too but..
BANG! It spiked up with no mercy



The same happened on EU, but they are positively.correlated so i think it's ok..

Even more questions on range expansions:



I made this pic on my phone so "CC" isn't so precise I guess..

Mira wrote:Thoughts..

IMG_2594.PNG

IMG_2595.PNG

Updated chart: price reacted well around lines

Euro Ovals



I'm planning this short, if price comes back to me..

Thoughts..

Hi Elkin!

Thank you for posting.
For now I'm entering with market orders for the your same reasons. I draw a line at the "best price" I can see and if it's leaving then I stay out and wait for a pullback.

Probably gaining experience I'd prefer limits for liquidity reasons..