prochargedmopar wrote:Mira wrote:Patterns&Breakouts are in contradiction with the 50% of momentum, isn't momentum a breakout? Why are we trading away from the middle of a breakout?
But if momentum is not a breakout then i definitively don't know what momentum is.
why.png
I'm sure you know now all these years later.
The market is pretty exacting.
Screen Shot 2022-12-14 at 12.02.54 AM.png
prochargedmopar wrote:Mira wrote:Patterns&Breakouts are in contradiction with the 50% of momentum, isn't momentum a breakout? Why are we trading away from the middle of a breakout?
But if momentum is not a breakout then i definitively don't know what momentum is.
why.png
I'm sure you know now all these years later.
The market is pretty exacting.
Screen Shot 2022-12-14 at 12.02.54 AM.png
Hello Pro, how are you?
It’s funny how some question from the past return as a mantra.
I’m a bit off trading lately, I never found my way to be consistent.. I can keep my account up for a month or two and then trading emotionally again. I switched to trading crypto for a more relaxed trading (no leverage), large time frames and some decent return but it isn’t the same thing.
About that post, I think that price will try to test the 50% first (especially if there is a LIS there) and then will make it to the origin but then the previous LIS could transform into a “enemy”/take profit line..
Maybe?