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Keep that level in mind on the bounce back Mira... GREAT SHORT opportunity on the Failed Zline....! Thanks Jala! :D I was looking for a short too.. but i have one question please: price returns at the origin of breakout, but why sometimes it does it immediately and sometimes it does it later? I see...

I'm working on BO and Horizontal Lines :) What i see: 1 - momentum is momentum on all timeframes 2 - a line is a linea on all timeframes 3 - a BO is a BO on all timeframes Isn't a momo something happened in the past? If it is then i need to enter in the CREATING momo. IMG_1608.PNG IMG_1610.PNG but 1...

"For 3,500 I will teach you how to know when price closes over a line!"

Sometimes i find these pearls and i can't stop laugh

MightyOne wrote:I am starting to feel better, maybe I will start posting more...

MightyOne wrote:Forget the angles for now Mira & continue drawing the ovals, which you have drawn very well.

Later, you might think of a 15* angle as less of an angle and more of a semi-horizontal line that separates the pattern from the breakout.

You're right MO! Thank you, i continue drawing ovals!

Hi MO I'm sorry for this stupid question but can't we simply wait for a trendline BO? Using a TL as part of your strategy isn't such a bad thing, but I would not use the TL break as a signal to enter. EURUSDMonthly.png Hi MO! In these days i found this your post and now i'm starting to see somethin...

The risk stays the same because space is affected by changes in position size: (oldSize/newSize)space. Space can be increased, reduced, or divided and spread between pairs and periods: if I have 4 lines on an H1 chart then I might divide my position size in half to trade 4 lines on the H4 chart tha...

Hi MO

I'm sorry for this stupid question but
can't we simply wait for a trendline BO?

A new year is just a new candle

TheRumpledOne wrote:Do not THINK.
Accurately SEE and IDENTIFY.
Then act and trade accordingly.

Thanks TRO, you're right.

To SEE not to THINK!

1) what moves are considered breakouts? 2) where are the breakouts coming from? 3) get artsy, mark what you are seeing in your head without worrying about it looking pretty: Thanks MO! The first thing i'm trying to learn from you is TO THINK. Ehm.. First i found breakouts IMG_1396.PNG Then i draw l...