HAGO BIAS explained,
post99000#p99000
Mr. D's Humble Quest in the Wick Land
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Re: Mr. D's Humble Quest in the Wick Land
aliassmith wrote:aliassmith wrote:Maybe that was a coincidence?
I forget how MO put it.
Something like entries to exits back to entries
Entries(breakouts) to exits(stops) back to entries(breakout points)
Breakouts and breakins
I don't remember his lingo exactly.
The ideas are fractal and can be seen on long and short term charts and the short term is something es/pip and myself was trying to exploit in the early years.
Did anyone catch that on the M30 chart?
About 10 pips risked on up to about 60 pips gained, all from a zline!
Price had some speed so staying in could payoff until you hit that blue line.
What if you used a "pipcushion" and it was worth 6% to 12%?
I have seen/done some things that I thought were not possible. I made a single trade that more than doubled my account in a single day so that throws my stats off. Before that my biggest trade was a 40% gain over 2 days. I have had weeks over 75% and months over 100%. I've had 3 month stretch over 2000%. While I have done it and it is possible its not sustainable at least for me. The real success comes from a combination of "base hits, doubles, triples, and home runs" with base hits being a foundation for the rest.
What made you decide on that momentum candle? it didnt close lower than other candles in that cluster and there where other z-line trades(hindsight) before that but with less of a run. Ive read your dead horse and psychology thread and i can see that your style obviously works, I just want to see how you see because i am not yet
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Re: Mr. D's Humble Quest in the Wick Land
buffalo wrote:aliassmith wrote:aliassmith wrote:Maybe that was a coincidence?
I forget how MO put it.
Something like entries to exits back to entries
Entries(breakouts) to exits(stops) back to entries(breakout points)
Breakouts and breakins
I don't remember his lingo exactly.
The ideas are fractal and can be seen on long and short term charts and the short term is something es/pip and myself was trying to exploit in the early years.
Did anyone catch that on the M30 chart?
About 10 pips risked on up to about 60 pips gained, all from a zline!
Price had some speed so staying in could payoff until you hit that blue line.
What if you used a "pipcushion" and it was worth 6% to 12%?
I have seen/done some things that I thought were not possible. I made a single trade that more than doubled my account in a single day so that throws my stats off. Before that my biggest trade was a 40% gain over 2 days. I have had weeks over 75% and months over 100%. I've had 3 month stretch over 2000%. While I have done it and it is possible its not sustainable at least for me. The real success comes from a combination of "base hits, doubles, triples, and home runs" with base hits being a foundation for the rest.
What made you decide on that momentum candle? it didnt close lower than other candles in that cluster and there where other z-line trades(hindsight) before that but with less of a run. Ive read your dead horse and psychology thread and i can see that your style obviously works, I just want to see how you see because i am not yet
Disclaimer: No I did NOT make this specific trade. It was picked out in hindsight.
I posted it to show what I look at. There were some zlines there in the near past to trade short with some pips to gain or small losses. The one I highlighted was one that jumped out at me as picture perfect "home run".
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- 3-10-19USDCADM30.png (43.4 KiB) Viewed 1856 times
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Re: Mr. D's Humble Quest in the Wick Land
1-2-3 pattern explained,
post105157#p105157
An example,
post105160#p105160
and
post105174#p105174
and
post105219#p105219
post105157#p105157
An example,
post105160#p105160
and
post105174#p105174
and
post105219#p105219
Re: Mr. D's Humble Quest in the Wick Land
EJ looks interestingly close to the last chart. Disregard the red and green lines.
Buy at 124.68, SL:124.44, TP:126:24.
Buy at 124.68, SL:124.44, TP:126:24.
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- [EURJPY,H4].png (246.59 KiB) Viewed 1823 times
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