Never Lose Again

[es/pip]

Ok, it took me almost 2 hours to create this picture

I usually do not draw full Diamonds of perception because they take so fergin long to draw and moving them is even worse!

Feel free to code it

If you can have it delete the background boxes after the diamond is drawn then that would be spectacular.

The lime green angles in the picture are sharps and the dark green angles are flats.

DIAMOND OF PERCEPTION 202
Learning the angles of perception

looking at that my eyes went

too tired to even attempt to look at it

i did see 1 thing in it already

at least i know what i am doing this weekend now

Is this better

going to work on all of this over the weekend

i am sure i will have some q's

[es/pip]

You are either going to say-----

Es/pip that is close but you need....................
Or
Es/pip you jumped off the boat and missed the water

1. The sample of candles one chooses to use does not matter-- in that ---I can take a move in the market that happens over say, 30 candles. So we have a down move that lasted 30 candles and was 200 pips and was at a 30 deg angle so -----------

30*= 200 pip drop over 30 bars

So in knowing the above and knowing that it will either increase by 2 or decrease by .5, we can then move 30 bars in the future and draw both a 15* and a 60* channel

And then

15*= 200 / 30 x 15 = 100
60*= 200/ 30 x 60= 400

So

If the channel decreases by 1/2 at 15* the next 30 bars will yield a 100 pip move
Or
If the channel increases by 2 at 60* the next 30 bars will yield a 400 pip move


If I am correct in my understanding, then what you are proposing allows you to see into the future not only by price but also by time?

In my mind the above made total sense when I was thinking and typing it. Lol, but now I am not so sure. Looking back at your 70 bar example chart u did not use 70 bars back to back----- so maybe I missed the boat on this

[es/pip]

repost

[es/pip]

repost

[es/pip]

jeez

[es/pip]

yep again

[es/pip]

last one

[MightyOne]

You are either going to say-----

Es/pip that is close but you need....................
Or
Es/pip you jumped off the boat and missed the water

1. The sample of candles one chooses to use does not matter-- in that ---I can take a move in the market that happens over say, 30 candles. So we have a down move that lasted 30 candles and was 200 pips and was at a 30 deg angle so -----------

30*= 200 pip drop over 30 bars

So in knowing the above and knowing that it will either increase by 2 or decrease by .5, we can then move 30 bars in the future and draw both a 15* and a 60* channel

And then

15*= 200 / 30 x 15 = 100
60*= 200/ 30 x 60= 400

So

If the channel decreases by 1/2 at 15* the next 30 bars will yield a 100 pip move
Or
If the channel increases by 2 at 60* the next 30 bars will yield a 400 pip move


If I am correct in my understanding, then what you are proposing allows you to see into the future not only by price but also by time?

In my mind the above made total sense when I was thinking and typing it. Lol, but now I am not so sure. Looking back at your 70 bar example chart u did not use 70 bars back to back----- so maybe I missed the boat on this

It can be confusing because the angles in the diamond are not really 15-30-45-60-75 degrees, but consist of Slow and fast angles based on the single angle it was constructed from (30*).

[aliassmith]

Hello All,

Thanks again Mightyone, Es/pips, and ZZ for all your posts they really get me to see some great opportunities. I figure with the ZL's alone I can make about what I was making when I traded the news releases (approx. 100%/mo).

Anyways, I have actually put together some of the entry Ideas that MO would tell es/pips. My idea for entry after a "momo" candle completes is enter right away with approx. 1% risk based on using a mental stoploss below a low of the (bullish)momo candle. If that takes off then I look for a target to get out. If price retraces to the MZ(50%) I then add another 1% position which will be about 2x the lot size of the first order. If that takes off then I look for a target to get out. If the price goes down in the bottom 25% of the momo candle then I enter another 1% order which will have approx. 2x the lot size of the previous order.

If price breaks hard and fast you capture some profit
If price pulls back you gain even more
If price pulls back even further the slot machines gives you all the money
maximum risk is about 3% because of position size

10 fully build positions a month is 100% return on 25 pip breakouts

[MightyOne]

Ok, instead of getting really complex I have created a little method that you can use to easily transfer the major angles:

If you don't get how to draw it then I don't know what to tell you.