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prochargedmopar
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Postby prochargedmopar » Thu Jun 11, 2009 7:53 pm

Blubb,
Will you please post the latest versions of your z-line and double alert indicators.
Thanks.
#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

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Postby aVi » Thu Jun 11, 2009 10:37 pm

Manta wrote:Hi MO, I really like your trading ideas, but it took me couple of days to understand your posts. Sometimes it is not easy, quite hard style :D

I have just question about 3 trades I took today on EU. Is it your dynamic trend and "magic boxes" aka largest retracements or I am totally wrong and it was just luck????


Nice trading. 8)
Wake up Mr. Green...

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MightyOne
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Postby MightyOne » Thu Jun 11, 2009 11:42 pm

You did very well Manta and I could not find any fault in your actions.

When you move beyond the technical and see the psychology then you will be outstanding.

Manta wrote:Hi MO, I really like your trading ideas, but it took me couple of days to understand your posts. Sometimes it is not easy, quite hard style :D

I have just question about 3 trades I took today on EU. Is it your dynamic trend and "magic boxes" aka largest retracements or I am totally wrong and it was just luck????

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Postby inzider » Fri Jun 12, 2009 4:46 am

Hi all!

I like this idea of "magic" box but only wonder how can you evaluate witch is the larger correction before it happen.

I mean, you can keep last one in memory, but what if next one is larger, will it be consider directly as a reversal... Looking afterwhile on chart it look logic but going trough a trend you can never know if this correction is the one to work from.

Maby the breakout reverse thing is the solution, or maby i'm on the wrong side of the track.

Any answer would be appreciated!
Later!
WB: "Risk comes from not knowing what you're doing."

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Postby bgungor68 » Fri Jun 12, 2009 11:12 am

Yes ,Calculation is true but only Theory. You can't win every position. May be Every Ten posiziton you can win only 2 or 3.. İf you use Trendy follow system system, you loss every posziton in Choppy market.. you buy High, you sell Low..

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inzider
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Postby inzider » Fri Jun 12, 2009 3:49 pm

This been very appreciated!
Thx alot Manta!

Isn't the best thread ever!?! ;)
Thx all!


Manta wrote:
inzider wrote:Hi all!

I like this idea of "magic" box but only wonder how can you evaluate witch is the larger correction before it happen.

I mean, you can keep last one in memory, but what if next one is larger, will it be consider directly as a reversal... Looking afterwhile on chart it look logic but going trough a trend you can never know if this correction is the one to work from.

Maby the breakout reverse thing is the solution, or maby i'm on the wrong side of the track.

Any answer would be appreciated!
Later!


Hi inzider,
it is easy, just draw the magic box on last correction and move it higher or lower with every new bar close. If the next bar closes outside the box, then you have breakout. Wait for retracement back inside the box and go with 2nd breakout to opposite side. Simple. If you dont see it, use movement between last two numbers 3 on semafor as reference. Semafor only shows high/low in last n bars. OK, it is not 100% holy grail, but it works very well.
WB: "Risk comes from not knowing what you're doing."

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Postby prochargedmopar » Fri Jun 12, 2009 5:00 pm

Manta wrote:Hi MO, I really like your trading ideas, but it took me couple of days to understand your posts. Sometimes it is not easy, quite hard style :D

I have just question about 3 trades I took today on EU. Is it your dynamic trend and "magic boxes" aka largest retracements or I am totally wrong and it was just luck????


manta,
Will please give the name and location of the ATR indicator that you have on the right lower portion of your screen shot?
Thanks.
#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

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Postby razorboy » Fri Jun 12, 2009 7:04 pm

good stuff - taken me a while to get my head around this concept

Just a question though - the boxes on your second set of trades - they look to "long" time wise - original correction looks like it was done in 6 bars but your box is longer. any reason?


thanks

Manta wrote:Hi MO, I really like your trading ideas, but it took me couple of days to understand your posts. Sometimes it is not easy, quite hard style :D

I have just question about 3 trades I took today on EU. Is it your dynamic trend and "magic boxes" aka largest retracements or I am totally wrong and it was just luck????
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!

http://thejoshkerbelproject.com/

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razorboy
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Postby razorboy » Fri Jun 12, 2009 7:59 pm

I'm still waiting for some confirmation from MO as to whether or not time is a factor - I suspect that it is because it relates to momentum.

Just my own thoughts
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

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prochargedmopar
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Postby prochargedmopar » Fri Jun 12, 2009 11:37 pm

Thanks manta for the indy.
Much appreciated
#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

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