MightyOne wrote:pablo101 wrote:MightyOne wrote:pablo101 wrote:I think I'm getting it, HTF really is kingMightyOne wrote: You can never pick your own time frame THE CHART WILL GIVE YOU THE TIME FRAME
Sorry for all the head scathing with me but I'm having a wonderful journey learning this stuff
The size of the corrections, if they really are corrections, says a lot about the actual time frame that you are trading.
Likewise the power of the thrust in the trend, the distance it has traveled over time, also says a lot about time frame.
Most of my "AHA!" moments came when I was under the influence of alcohol
Maybe that is because the less you try to think the more you can understand...
MO, any chance for you to show some examples, maybe of a suitable correction and how the TF is related to it please?
Braathen wrote:Yeah that would be nice and maybe a little pic with some momo comparing :)
Would you like cherries or strawberries with that?
Mmmm cherries, that would be great
Seriously, MIghtyOne you always have some great things that make me
I was following along with another trader for a different method recently. I
actually discovered what a margin call would do Not a big deal since it
was on a small practice account.
The thing is, I have had (all) winning weeks using zline logic every week
since I have become competent with it. So far basically 3% to 10%
returns per week at about 1% risk at 10 pips.
The thing is those returns may not sound impressive, but many people
don't even think it is possible to make 30% a month.
I for one am glad that you (MighyOne) have come out and shared your
insight. Zeroline logic/Rat(before there was even a name for it)/Fibs are
the key components in my trading.