Never Lose Again

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Sat Aug 08, 2009 10:20 pm

MightyOne wrote:
prochargedmopar wrote:P.S.,
I knew it was possible to trade the M1 chart.
CHEERS!!!!

Oh, and (D).= buy again and watch corrections on the way back up......

LOL


It is not possible to trade the M1 chart ;)

All decisions are based on: Hours, days, weeks, months, & years.

When watching the hourly you might look at the M1 to place a limit order, but after that you are not looking at the minute chart for at least the next 20 minutes.


Doh.

I know you've said in the past we've got to have "spacial intelligence"!!
This is one instance where such a thing may exist for certain individuals.
I know that some people trade 15 tick charts.
I know it is not the same as what we are accomplishing here but price analysis is price analysis.........
How big is your wave?

Yes, I'm stubborn.
hehehe :twisted:

But yes, I've also moved to the h1 for direction which is why I sat through the last London session with nary a trade.
UGH.
#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

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Sat Aug 08, 2009 10:45 pm

This is not a question.

I just don't understand why you need to draw all those angles to figure this out.......
The sides of our chart are at 90 degree angles.
Everything that we have reference to is either horizontal or Vertical.

All we have to do is look at the angle of the current price channel, assimilate time and distance,(amount of pips in time and distance) and then go with the next probable angle once given this information. (by Mightyone)
Watching price action of course as your final conformation.

This must be all based on the statement "Increases by two and decreases by half".

Pretty simple.

Forget drawing all those crazy looking diamond thingy's.
Now where is my 22" protractor? :twisted:
#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

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Sat Aug 08, 2009 10:51 pm

prochargedmopar wrote:This is not a question.

I just don't understand why you need to draw all those angles to figure this out.......
The sides of our chart are at 90 degree angles.
Everything that we have reference to is either horizontal or Vertical.

All we have to do is look at the angle of the current price channel, assimilate time and distance,(amount of pips in time and distance) and then go with the next probable angle once given this information. (by Mightyone)
Watching price action of course as your final conformation.

This must be all based on the statement "Increases by two and decreases by half".

Pretty simple.

Forget drawing all those crazy looking diamond thingy's.
Now where is my 22" protractor? :twisted:


If I am the only person who ever understood what I was talking about then that would be a good thing :lol:

User avatar
es/pip
rank: 1000+ posts
rank: 1000+ posts
Posts: 2898
Joined: Wed Jan 21, 2009 9:28 pm
Reputation: 0
Gender: None specified

Postby es/pip » Sun Aug 09, 2009 1:05 am

MightyOne wrote:
202 Lesson 2: Proportions


A 90* angle would have a channel width of how many pips?

ZERO!

A 15* angle would have a channel of how many pips?

More than 30, 45, 60, & 75* angles.

Out of 18 possible angles the chart is most likely to run at an angle between 25 & 65 degrees.

25-30-35-40-45-50-55-60-65

Of these angles the chart will be running at 2 of 3 angles within a group of angles:

25-30-35

40-45-50

55-60-65

By considering the size of the channel captured by an x* angle one can narrow the possibilities down significantly and make a high probability guess as to what the chart will do in the future.

(This is one of those you get it or you don't posts...I am not taking questions at this time)

Image


with ya i think

i worded it as a statement with a possible ? at the end of it
:D

all we are supposed to understand from this is

channel width and channel* have a direct correlation with each other. meaning, that it is impossible for a 75* channels width to be wider than a 15* channels width

and

that an angle will run at 2 of the 3 angles in its group
Bend over and assume the position for another 4 years of hope and change.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Sun Aug 09, 2009 1:39 am

es/pip wrote:
MightyOne wrote:
202 Lesson 2: Proportions


A 90* angle would have a channel width of how many pips?

ZERO!

A 15* angle would have a channel of how many pips?

More than 30, 45, 60, & 75* angles.

Out of 18 possible angles the chart is most likely to run at an angle between 25 & 65 degrees.

25-30-35-40-45-50-55-60-65

Of these angles the chart will be running at 2 of 3 angles within a group of angles:

25-30-35

40-45-50

55-60-65

By considering the size of the channel captured by an x* angle one can narrow the possibilities down significantly and make a high probability guess as to what the chart will do in the future.

(This is one of those you get it or you don't posts...I am not taking questions at this time)

Image


with ya i think

i worded it as a statement with a possible ? at the end of it
:D

all we are supposed to understand from this is

channel width and channel* have a direct correlation with each other. meaning, that it is impossible for a 75* channels width to be wider than a 15* channels width

and

that an angle will run at 2 of the 3 angles in its group


That is correct :)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
monolisa
rank: 150+ posts
rank: 150+ posts
Posts: 351
Joined: Fri Jun 12, 2009 11:38 am
Reputation: 0
Location: All Quiet on the Western Front
Gender: None specified

Postby monolisa » Sun Aug 09, 2009 1:46 am

edited.

Lis
Last edited by monolisa on Sun Aug 09, 2009 8:07 am, edited 1 time in total.
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

User avatar
monolisa
rank: 150+ posts
rank: 150+ posts
Posts: 351
Joined: Fri Jun 12, 2009 11:38 am
Reputation: 0
Location: All Quiet on the Western Front
Gender: None specified

Postby monolisa » Sun Aug 09, 2009 2:16 am

Thanks, blubbb. Your indi is much better (no more messy codes :)). Legendary stuff.

Lis

blubbb wrote:This is my version of MightyZones. Tell me if the alert is correct and I'll put it in my indi thread.
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Sun Aug 09, 2009 3:38 am

Perfect, for my net-book anyway.
Not quite big enough for the 22"
I'm ready.

Image

It seams all you need to know is current angle and channel width.
Pop a trend line....check the angle.....look to right to check the height, calculate next move.

Hmmmmmmm
#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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Sun Aug 09, 2009 4:09 am

blubbb,
Instead of having the multiple time frame z-lines and all those crazy looking colored boxes (mighty zones) from larger time frames cluttering up the screen.............

How about adding z-lines to your custom_candle indicator.

I could trade 1 timeframe and move the indicator around to find the z-lines I'd like to trade toward or away from.
It would be great....Closed bodies are TRUTH.
The only wicks you'd see would be your entrance at a "better price" per MightyOne,
on the smaller time frame of the chart you have open.

How sweet would that be?
Custom candle/Z-line combo......
No need for mightyzones for those that can see this anyway.
Those who can't see yet can use the other indicators for "training" purposes.
#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

User avatar
monolisa
rank: 150+ posts
rank: 150+ posts
Posts: 351
Joined: Fri Jun 12, 2009 11:38 am
Reputation: 0
Location: All Quiet on the Western Front
Gender: None specified

Postby monolisa » Sun Aug 09, 2009 5:21 am

I think it's a good idea. However if you know what you are doing you don't even need any zl/mz indicator :P

Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”