I'm digging the new lingo. Jesus you must be bored.
MightyOne wrote:Boulders & obelisks, patterns & breakouts, what is 1-2-3 & what is not 1-2-3, ...
GBPUSDH4.png
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MightyOne wrote:Boulders & obelisks, patterns & breakouts, what is 1-2-3 & what is not 1-2-3, ...
GBPUSDH4.png
Leoheart wrote:aliassmith wrote:aliassmith wrote:
Lol I don't win them all. I only had a great
streak. I fully expect to get back to my 75%ish average.
Sometimes the market is nice to me!
Ya there are squigglies on there, sue me
Hi, If memory serves me correctly in the states we can only legtigate on strangulation by squiggly if 3 more squigglies were used. So you are good to go, Happy Friday.
MightyOne wrote:Please consider how long it might take someone to respond when asking questions: just 1 simple question can consume 20 minutes if I have to stop what I am doing, mark a chart, think about how I am going to explain it, and type it up...multiply that by x10 questions and that is how much time you are requesting of me
C+W or W+C:
One closes within x number of lines and the other opens outside of the area, touches it, and then retreats.
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In this example you are looking for a short at or above the red line because of a larger chart as you do not have a CC, CW, or WC.
If there were no larger chart, and the red line did not exist, then you could go short after the orange candle gave you a double close.
for_thepark2.png
Somewhere below the zone there is going to be a target area that is used by both long and short traders to take profit, continue long, or continue short (you can't 'continue long/short' if you haven't banked a profit)
for_thepark3.pngfor_thepark4.pngthepark wrote:Code: Select all
First of all, thanks for this post. I am trying to clarify everything so apologies for being verbose and pedantic
a. Why is the wick (where I marked red w) not marked as a w and therefore a valid price level? Given the wick on c as well, I would be thinking potential short here and would probably look for a short on M30 breakout/breakin on the next candle.
b. isn't where I marked my first c significant? given it closed beyond the extreme of the first close. The next candle is a wick, so another close wick and potential short. Am I judging the situation completely wrong? Is it possible to see more examples of CC and CW?
c. price goes down to the green circle. Isn't this return to the origin of the long breakout at 133.925 a potential long if it wicked there? it would be a w right?
d. the gray x is a breakout and breaking back to 133.925 for a potential short.
e. price wicks 132.97, considering there was a previous price level there. wouldn't you try to long on the next candle where there is a 1 on it? Up to that point it is a massive return to the original long breakout point.
f. After your marked up w, do you try to short on the next H4 candle or are you thinking this can go back to the top of zone 1?
g. If your second marked up c closed on any of the three lines above, are you still thinking short? if its in that zone but M30 or H1 is stalling, breaking down and back up, I would short it.
h. the lone c in the top brown oval is a breakout down and return to pattern. Potential short?
i. a close and a wick for the bottom brown oval. Potentai long here if there is a M30 bo/bi
j. How do you visualize and draw the 2 zones? I can't express in words what it is for...but all those lines look useful to gauge the strength of the return to pattern where you marked your w.
I guess I have a lot of potential trade ideas, but ever since adopting the mindset of making lines and sizing up, I don't have a filter or structure and all trades seem viable due to the smaller pip targets....Realistically how many trades are in this chart?
Mira wrote:Ok I’m back tr KR my friends!
I’m sorry but I had a very full month
No time to follow the board and no time to trade.
However I’m back and working on some new idea, how you guys are doing here?
LeMercenaire wrote:Mira wrote:Ok I’m back tr KR my friends!
I’m sorry but I had a very full month
No time to follow the board and no time to trade.
However I’m back and working on some new idea, how you guys are doing here?
Other-Life stuff is a pain in the butt, isn't it, lol.
Mira wrote:- third time that I write this post -
I found a broker (i still haven’t enough infos to say If it’s good or not) trading BTC options.
I don’t know nothing about this stuff but the idea of buying some PUTS and be the ANTI CRYPTO is so exiting
https://www.deribit.com/
LeMercenaire wrote:Mira wrote:- third time that I write this post -
I found a broker (i still haven’t enough infos to say If it’s good or not) trading BTC options.
I don’t know nothing about this stuff but the idea of buying some PUTS and be the ANTI CRYPTO is so exiting
https://www.deribit.com/
Netherlands? Looks interesting - let us know how you get on!