Mr. D's Humble Quest in the Wick Land

[Mr. D]

Welcome back, Mr.D!

Thanks, Mr. Lem! Will continue to post findings of MightyOne's nuggets.

[Mr. D]

Here is how MightyOne was taught to draw forks,

post21255#p21255

[Mr. D]

And MightyOne's view, a summary of sorts, of scalping,

post19019#p19019

[Mr. D]

So, let's see how many people are reading this thread and try something practical, that is trade MO's style. Let's take his Box and combine with Z-lines.

http://joxi.net/p27nP6BCole4Om

[Mr. D]

A glossary by MightyOne himself,

post27905#p27905

[LeMercenaire]

So, let's see how many people are reading this thread and try something practical, that is trade MO's style. Let's take his Box and combine with Z-lines.

http://joxi.net/p27nP6BCole4Om

Here's my take.

USDCHF H1

Screenshot 2019-02-25 at 18.22.35 - Edited.png (40.57 KiB) Viewed 2234 times

I see the Z-Line as the one added here. For me that's the major Z-Line and any others from the other indi are only of interest down on the lower time frames as a way of fine-tuning an entry.

Anyway, before I get to that, there is obviously the point that an argument could be made for one heading in the opposite direction earlier. In fact, if I was to use m own keys, then the short would actually have made more sense. However, those same keys would have kept me out of the ultimately losing (or more likely a non-triggered) trade (the U-MACD never crossed back over).

As far as the one I have marked, trading it naked would have bagged just fine. Adding my other ''stuff'' would have nixed it though.

[Mr. D]

Random Rules of Thumb for Successful Trading:

post30051#p30051

[Mr. D]

Bearish or bullish? MO's formula,

post33431#p33431

[Mr. D]

The other signs can help determine TP.

So, let's see how many people are reading this thread and try something practical, that is trade MO's style. Let's take his Box and combine with Z-lines.

http://joxi.net/p27nP6BCole4Om

Here's my take.

USDCHF H1

Screenshot 2019-02-25 at 18.22.35 - Edited.png

I see the Z-Line as the one added here. For me that's the major Z-Line and any others from the other indi are only of interest down on the lower time frames as a way of fine-tuning an entry.

Anyway, before I get to that, there is obviously the point that an argument could be made for one heading in the opposite direction earlier. In fact, if I was to use m own keys, then the short would actually have made more sense. However, those same keys would have kept me out of the ultimately losing (or more likely a non-triggered) trade (the U-MACD never crossed back over).

As far as the one I have marked, trading it naked would have bagged just fine. Adding my other ''stuff'' would have nixed it though.

[Mr. D]

More of bodies and wicks,

post33502#p33502