Here is how you would trade that section of the chart with basic triangles:
Never Lose Again
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dragon33 wrote:
Why not drawing them on every candle!
For what do we look?
We look for possible reverals on higher frames, right! What if price come back to and H1 50% area while the H4 is not closed yet!
Do you want to miss that trade?
Why is ES/PIP making small any many trades! Yes because he is able to catch momo when while it is forming!
Just start drawing and observing!
HUH?! Are you now saying that we shouldn't wait for 4H to close?
- Braathen
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So another death in the family yesterday Gotta do funural arrangments etc today.. so i just wanted to get my 20 pips before i had to run of.. and i got em Thanks again MO for all the triangle and price speed (degrees) etc been very helpfull
bought long at weak close resting above my triangle.
bought long at weak close resting above my triangle.
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-
MO-
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- Braathen
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If u read what MO posted to me in the micro account thread its should be pretty simple to get the basic idea.. 15-20 degrees etc .. and he marks the point on where to draw your triangle to.. after that its just draw THE SAME angles and from the same points and it just kinda stands out.
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-
MO-
- pablo101
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Braathen wrote:If u read what MO posted to me in the micro account thread its should be pretty simple to get the basic idea.. 15-20 degrees etc .. and he marks the point on where to draw your triangle to.. after that its just draw THE SAME angles and from the same points and it just kinda stands out.
Still learning this angle stuff. No problem, I'll keep reading and reading and sleep on it, I will get it even if it kills me.
Last edited by pablo101 on Tue May 04, 2010 8:52 am, edited 1 time in total.
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