## MO's MBT Micro

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MO.. was looking at this statement "Price to move 1/6 from the low or the open" now the "from the low" part.. when u get the time is there any chance you could stick up a little pic of your fibo placement on that.. ive seen your pics from open with box and fibo.. ill look back through it all incase i missed it

- rushN4
- rank: 150+ posts
**Posts:**165**Joined:**Wed Nov 18, 2009 4:04 pm**Reputation:**0**Real name:**Jochen**Gender:**

Hello all,

here is another stupid question from me.

i still dont get it how MO draw the box on his charts (page 25). "Divide the 2 bar range by 6 and draw a box that = 1/6 the range. "....

my charts look different...what did i do wrong?

Can someone explain it to me?

here are some pics

here is another stupid question from me.

i still dont get it how MO draw the box on his charts (page 25). "Divide the 2 bar range by 6 and draw a box that = 1/6 the range. "....

my charts look different...what did i do wrong?

Can someone explain it to me?

here are some pics

No matter where life takes you, you will always check the market and always want to continue being a part of it. It's like that first true love, it will always be there no matter what the distance, no matter whether they are alive or dead.

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rushN4 wrote:Hello all,

here is another stupid question from me.

i still dont get it how MO draw the box on his charts (page 25). "Divide the 2 bar range by 6 and draw a box that = 1/6 the range. "....

my charts look different...what did i do wrong?

Can someone explain it to me?

here are some pics

Divide the 2 bar AVERAGE RANGE by 6 and space the fibo so that it is 1/6 the average from line to line.

- rushN4
- rank: 150+ posts
**Posts:**165**Joined:**Wed Nov 18, 2009 4:04 pm**Reputation:**0**Real name:**Jochen**Gender:**

MightyOne wrote:rushN4 wrote:Hello all,

here is another stupid question from me.

i still dont get it how MO draw the box on his charts (page 25). "Divide the 2 bar range by 6 and draw a box that = 1/6 the range. "....

my charts look different...what did i do wrong?

Can someone explain it to me?

here are some pics

Divide the 2 bar AVERAGE RANGE by 6 and space the fibo so that it is 1/6 the average from line to line.

Thank you MO.

I think i understand it now. here are some pics. Is this correct?

No matter where life takes you, you will always check the market and always want to continue being a part of it. It's like that first true love, it will always be there no matter what the distance, no matter whether they are alive or dead.

rushN4 wrote:MightyOne wrote:rushN4 wrote:Hello all,

here is another stupid question from me.

i still dont get it how MO draw the box on his charts (page 25). "Divide the 2 bar range by 6 and draw a box that = 1/6 the range. "....

my charts look different...what did i do wrong?

Can someone explain it to me?

here are some pics

Divide the 2 bar AVERAGE RANGE by 6 and space the fibo so that it is 1/6 the average from line to line.

Thank you MO.

I think i understand it now. here are some pics. Is this correct?

That is how it is done...

- JESGPY
- rank: 150+ posts
**Posts:**289**Joined:**Fri Dec 19, 2008 7:21 pm**Reputation:**0**Location:**Asuncion**Gender:**-
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MO.

So according to the entry triggers you posted we need to find an option that bets that price will move in that direction.. and to make the bet interesting we have to find one that if far from 100 and near to 0 (if betting in favor of the options outcome), or a bet that says price will move toward our entry and bet against it, in this case trying to buy near 100 aiming for it to go to 0.

If i am mistaken please correct me.

Thanks for showing us this interesting idea.

JUAN

So according to the entry triggers you posted we need to find an option that bets that price will move in that direction.. and to make the bet interesting we have to find one that if far from 100 and near to 0 (if betting in favor of the options outcome), or a bet that says price will move toward our entry and bet against it, in this case trying to buy near 100 aiming for it to go to 0.

If i am mistaken please correct me.

Thanks for showing us this interesting idea.

JUAN

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