How to be a MOnster

[Mira]

So hopefully Mira wont mind, but I'm gonna post everything that I use in my trading and where I got it from.

Chart patterns (rectangles, triangles) Suri's book "trade the charts like the pro's"

Pitchforks
http://www.medianline.com/
https://marketgeometry.com/

Joe Ross
His ebook day trading the forex market. http://www.tradingeducators.com/ebooks- ... ding-forex
Plus his free TLOC and TTE method

Some good vid's by bredin
https://www.youtube.com/user/insanity8598/

threads
https://www.forexfactory.com/showthread.php?t=627517
https://www.elitetrader.com/et/threads/ ... ers.99283/
https://www.forexfactory.com/showthread.php?t=487923

This website opened my eyes
http://learningcenter.fxstreet.com/

I haven't bothered with any Sam Seidion stuff yet, all his videos just seem like repeating of the same s**t over and over. So nothing from that yet.

There are a lot of random post that have shaped my views, if you can pinpoint a idea and give me about a week I will happily find the corresponding threads.

If you think I may have omitted any possible info by accident/or purposefully feel free to say something. Im very much human and make mistakes all the time.

I started from this thread https://www.forexfactory.com/showthread.php?t=487923 on FF.
I've been on the initial 50 pages and then 1 every 100 (the thread never went off topic in 1700 pages).

Nice one, i liked it! I saw that many times people quoted TRO because of the similar "Line Trading" style, the 'system' is simple and adaptable to EIGHTS.

It's actually trading with D1 & H1 color in direction of a line BO after the open bell, stop loss is 2 line tp is 1 line + take what you can.

[Mira]

Bodies sometimes are wicks, and wicks sometimes are bodies.
Not an unmeaning detail, but i noticed it JUST NOW

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[MightyOne]

Everything is patterns and breakouts and price returning to patterns.

Then you'll see price take off because of larger patterns and breakouts and price returning to larger patterns.

That is everything that you need to know about technical analysis.

AUDJPYM30.png (47.7 KiB) Viewed 3040 times

[Mira]

Everything is patterns and breakouts and price returning to patterns.

Then you'll see price take off because of larger patterns and breakouts and price returning to larger patterns.

That is everything that you need to know about technical analysis.

AUDJPYM30.png

Thanks MO!

Now I'm starting to see what a "price take off" means and looking at chart I see many more occasions and winners.
What was a breakout/breakin now is a wick in my mind

The only problem now is deciding to wait for a strong push inside the zone before entering (avoiding drawdowns) or to enter at the first wick and never miss the zone.

However.. Immediately I remembered of this

If the candle that closed is the truth and the current candle is the deception then the current candle must always be moving toward the truth.
Knowing that you will eventually get the truth out of the candle you can observe the deception in fractional check points and then better decide weather it is truth or lie that price is moving with the momentum as shown by truth.

PS: It would help you if your chart was not lit up like a Christmas tree.

[MightyOne]

Yes, there are charts, but it is mostly just about risking lines and making lines.

Be inclined to take profit when it is your money at risk and be more aggressive when
risk is removed or when you are sitting on a pile of OPM.

There is so much to say but the key to learning on a forum is to learn just enough to think for yourself.

for_Mira.png (12.12 KiB) Viewed 3235 times

[prochargedmopar]

Everything is patterns and breakouts and price returning to patterns.

Then you'll see price take off because of larger patterns and breakouts and price returning to larger patterns.

That is everything that you need to know about technical analysis.

AUDJPYM30.png

Thanks MO!

Now I'm starting to see what a "price take off" means and looking at chart I see many more occasions and winners.
What was a breakout/breakin now is a wick in my mind

The only problem now is deciding to wait for a strong push inside the zone before entering (avoiding drawdowns) or to enter at the first wick and never miss the zone.

However.. Immediately I remembered of this

If the candle that closed is the truth and the current candle is the deception then the current candle must always be moving toward the truth.
Knowing that you will eventually get the truth out of the candle you can observe the deception in fractional check points and then better decide weather it is truth or lie that price is moving with the momentum as shown by truth.

PS: It would help you if your chart was not lit up like a Christmas tree.

Hahah,
Christmas Tree,
ala Arnold in Running Man

And Pro in NLA

[Jalarupa]

I also chuckled when I read that.... and I remember the post vividly...

#fondmemories

[Mira]

Yes, there are charts, but it is mostly just about risking lines and making lines.

Be inclined to take profit when it is your money at risk and be more aggressive when
risk is removed or when you are sitting on a pile of OPM.

There is so much to say but the key to learning on a forum is to learn just enough to think for yourself.

for_Mira.png

Very clear

Thus do you think it's better start stacking after we made a few lines?

Thanks MO

[Mira]

Entry is a little high but i'm not suffering any drawdown since i bought after price made that wick in direction of loss.

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[MightyOne]

Entry is a little high but i'm not suffering any drawdown since i bought after price made that wick in direction of loss.

If it were not for pain then we would not do it better next time

for_Mira.png (12.75 KiB) Viewed 3120 times