Thank you. I will take heed your advise.
As far as it goes experimentally, i have taken all the trades, 3 pips from the tip of those pink box (which i call overshoots), and all winners but one, at the cross. i was using m5, H1 and H4 as it gets me the experiment results faster. There maybe a bias somewhere.
To prevent any further confusions, i shall move on next to expound the next tool.
Your tools are awesome, MO.
MO's MBT Micro
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franck wrote:1. One timeframe. Higher timeframe preferably, but longer wait. Follow by one smaller.
2. 2 good points gives an angle.
3. 2 parallel lines gives the equilibrium channel.
4a. New good points formation
- confirms the channel? OR
- new angle formation?
4b. The first angle gives the next anticipated 1/2x angle OR 2x angle, which can be used to draw into the the right side of a chart. Good for HOOK anticipation.
5. Watch and open up a can of beer.
two parallel lines give the equilibrium channel ?
or the equilibrium channel gives 2 parallel lines ?
maybe i have been trying to do it wrong
"2 good points gives an angle"
can you show this again?
i have some cash zone trades i will post in that thread after i get a few minutes
they were sweeeeeet
lol
Bend over and assume the position for another 4 years of hope and change.
- prochargedmopar
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MightyOne wrote:Do you remember this picture?
I said that I expected X momo for the next 2 weeks and then for momentum to continue short on the EU.
I drew lines with arrows and said that I would be trading off the weekly high extremes.
500 pips later:
Let us see if the XY pattern holds...
M.O.
If X is stillness and Y is the extreme, where does Z come into these pics?
Or am I way off.
Before I was looking at x1,2, and3 as extremes then, y1,2 and 3 as corrections with z being that price did not return to the make "x4".
???
Oh, not that I've ever traded the concept as all indicators and lines seem to disappear once in a trade. thinking about it, today I actually managed a couple trades using horizontal price consolidations off m5 chart. Hmmmmm, maybe progress.
Now, where were those x's and y's again....LOL
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
prochargedmopar wrote:MightyOne wrote:Do you remember this picture?
I said that I expected X momo for the next 2 weeks and then for momentum to continue short on the EU.
I drew lines with arrows and said that I would be trading off the weekly high extremes.
500 pips later:
Let us see if the XY pattern holds...
M.O.
If X is stillness and Y is the extreme, where does Z come into these pics?
Or am I way off.
Before I was looking at x1,2, and3 as extremes then, y1,2 and 3 as corrections with z being that price did not return to the make "x4".
???
Oh, not that I've ever traded the concept as all indicators and lines seem to disappear once in a trade. thinking about it, today I actually managed a couple trades using horizontal price consolidations off m5 chart. Hmmmmm, maybe progress.
Now, where were those x's and y's again....LOL
I never said anything about Z so don't worry about them.
es/pip wrote:franck wrote:1. One timeframe. Higher timeframe preferably, but longer wait. Follow by one smaller.
2. 2 good points gives an angle.
3. 2 parallel lines gives the equilibrium channel.
4a. New good points formation
- confirms the channel? OR
- new angle formation?
4b. The first angle gives the next anticipated 1/2x angle OR 2x angle, which can be used to draw into the the right side of a chart. Good for HOOK anticipation.
5. Watch and open up a can of beer.
two parallel lines give the equilibrium channel ?
or the equilibrium channel gives 2 parallel lines ?
maybe i have been trying to do it wrong
"2 good points gives an angle"
can you show this again?
i have some cash zone trades i will post in that thread after i get a few minutes
they were sweeeeeet
lol
I have a feeling that Cash Zones will be more popular than FIBO some day and not just because FIBO lines are worthless
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noone22 wrote:I think, that purpose of ebook is to educate people,
not to confuse them..
Never mind, it was just a covert way of asking:
How are you going with your ebook?
I see now, that you're not going anywhere.
I only give more to people who deserve more...and the rest of you share in that persons rewards.
If it was not for es/pip's willingness to use Z-lines and post charts that he understood what was going on then none of you would have been given anything even close to the information that you have now.
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