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blubbb
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Postby blubbb » Sat Aug 08, 2009 7:03 pm

This is my version of MightyZones. Tell me if the alert is correct and I'll put it in my indi thread.
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MightyOne
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Postby MightyOne » Sat Aug 08, 2009 7:23 pm

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.

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MightyOne
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Postby MightyOne » Sat Aug 08, 2009 9:27 pm


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

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prochargedmopar
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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

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prochargedmopar
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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

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MightyOne
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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:

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es/pip
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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.

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MightyOne
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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 :)

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monolisa
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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

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monolisa
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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

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