IgazI wrote::smt064 [Mark Mark]
How are you doing?
I am still learning how to trade correctly and making attempting to start.
Also I have education at university and I need to make all lessons and homeworks.
I think I will free at the summer.
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IgazI wrote::smt064 [Mark Mark]
How are you doing?
Mark Mark wrote:IgazI wrote::smt064 [Mark Mark]
How are you doing?
I am still learning how to trade correctly and making attempting to start.
Also I have education at university and I need to make all lessons and homeworks.
I think I will free at the summer.
IgazI wrote:Mark Mark wrote:IgazI wrote::smt064 [Mark Mark]
How are you doing?
I am still learning how to trade correctly and making attempting to start.
Also I have education at university and I need to make all lessons and homeworks.
I think I will free at the summer.
"Trading is just horizontal lines" -TRO
You risk lines, you make lines, you lose lines; there is nothing to practice, there is nothing to learn.
There is nothing wrong with learning the basics of technical analysis, just don't let that become your focus.
TRADING_IS_JUST_H_L.png
If you want to 'go somewhere' then you look to right at the 'go somewhere' chart (20T x 4, HL method);
if you are just looking to stay in the area then plan on exiting on or before the 'go somewhere' chart reaches a column length of 5;
the 'stay in the area' chart is a 5T x 4 and its purpose is to trade the rotation from an up column to a down column and vise versa.
The minimum recommended stop loss is 1.5 lines, 30 ticks, and the maximum is ~2.5 lines;
* get inspired by the chart
* risk lines (based on where you are going)
* make lines.
If you are looking for answers then a Point & Figure chart will spell it out for you in alphabet blocks. . .
look at the charts and tell me that you can't find trades, even knowing nothing about P&F.
POINT_N_FIGURE.png
buffalo wrote:If you want to 'go somewhere' then you look to right at the 'go somewhere' chart (20T x 4, HL method);
if you are just looking to stay in the area then plan on exiting on or before the 'go somewhere' chart reaches a column length of 5;
the 'stay in the area' chart is a 5T x 4 and its purpose is to trade the rotation from an up column to a down column and vise versa.
The minimum recommended stop loss is 1.5 lines, 30 ticks, and the maximum is ~2.5 lines;
* get inspired by the chart
* risk lines (based on where you are going)
* make lines.
If you are looking for answers then a Point & Figure chart will spell it out for you in alphabet blocks. . .
look at the charts and tell me that you can't find trades, even knowing nothing about P&F.
POINT_N_FIGURE.png
so chart on the right is a "bias"? when the chart on the right is going down you only take the downward moves on the left chart. Thanks IgazI!
Mr. Hyde wrote:Did I just get punked reading this thread. I fell like i definatley got punked. Mark Mark must be prochargedmopar's adhd riddled kid or something
aliassmith wrote:Mr. Hyde wrote:Did I just get punked reading this thread. I fell like i definatley got punked. Mark Mark must be prochargedmopar's adhd riddled kid or something
Pretty sure its real... real bonkers!
Igazi is trying to throw some sanity in there only to fall to deaf ears/ego.
IgazI wrote:buffalo wrote:If you want to 'go somewhere' then you look to right at the 'go somewhere' chart (20T x 4, HL method);
if you are just looking to stay in the area then plan on exiting on or before the 'go somewhere' chart reaches a column length of 5;
the 'stay in the area' chart is a 5T x 4 and its purpose is to trade the rotation from an up column to a down column and vise versa.
The minimum recommended stop loss is 1.5 lines, 30 ticks, and the maximum is ~2.5 lines;
* get inspired by the chart
* risk lines (based on where you are going)
* make lines.
If you are looking for answers then a Point & Figure chart will spell it out for you in alphabet blocks. . .
look at the charts and tell me that you can't find trades, even knowing nothing about P&F.
POINT_N_FIGURE.png
so chart on the right is a "bias"? when the chart on the right is going down you only take the downward moves on the left chart. Thanks IgazI!
The chart on the right is a condensed history of price moving through the horizontal lines of the chart on the left:
each column is called a 'price rotation' and each rotation comes in two flavors, common lengths and outliers;
when a rotation is of a common length (5 through 9) you begin looking for a reversal trade, and in the direction of the anticipated breakout if you are 'going somewhere'; the breakout itself is likely to be the end or near the end of a price rotation.
How many columns have a length of 4? very few? so you would wait to short because 4's are not 'common'.
What about 12+? very few, right? so there are places where you expect price not to go until there is a significant retracement.
It is really as simple as that.