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Braathen
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Postby Braathen » Mon Oct 19, 2009 7:26 am

Ok so my first shot this wonderfull monday morning.. im thinking gu short.. if im wrong ... pls flame me :) :)
Currently running 43 pips :twisted: This could turn into a nice day off ;)

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"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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Braathen
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Postby Braathen » Mon Oct 19, 2009 7:36 am

After looking at the 1H i felt my target was not that great so i exited the trade at 1.6243... great start to the day.. anyone else get that?
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
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MightyOne
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Postby MightyOne » Mon Oct 19, 2009 9:08 am

Braathen wrote:Ok so my first shot this wonderfull monday morning.. im thinking gu short.. if im wrong ... pls flame me :) :)
Currently running 43 pips :twisted: This could turn into a nice day off ;)

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MightyOne
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Postby MightyOne » Mon Oct 19, 2009 9:14 am

If you follow the guide lines in my journal for marking angles then you will be a Diamond of Perception master in no time at all :shock:

What I have trouble explaining to you can be learned by simply drawing triangles and channels...hell, that is the way I learned it :wink:

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pablo101
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Postby pablo101 » Mon Oct 19, 2009 9:18 am

MightyOne wrote:
Braathen wrote:Ok so my first shot this wonderfull monday morning.. im thinking gu short.. if im wrong ... pls flame me :) :)
Currently running 43 pips :twisted: This could turn into a nice day off ;)

Image



Image


Thanks for the chart MO. Am I seeing Andrews pitchfork in the chart too? :smt069
What line? The line that tells you which way you are trading! - MO

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Braathen
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Postby Braathen » Mon Oct 19, 2009 9:29 am

Ok so i take it your telling me my screen was not compressed enough so i just ended up scalping the inside of the triangle.. im trying to figure out when and why u use the diffrent angles at diffrent points.. some i see, others i dont.. im sure i have explained it already on some of the recent screenies on micro thread and here. Anyways thanks for the feedback :) :)
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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Braathen
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Postby Braathen » Mon Oct 19, 2009 9:31 am

MightyOne wrote:If you follow the guide lines in my journal for marking angles then you will be a Diamond of Perception master in no time at all :shock:

What I have trouble explaining to you can be learned by simply drawing triangles and channels...hell, that is the way I learned it :wink:


What do u mean by jounral? did i miss something? :oops:
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
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pablo101
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Postby pablo101 » Mon Oct 19, 2009 9:44 am

Slow Monday :(
Last edited by pablo101 on Tue May 04, 2010 9:24 am, edited 1 time in total.

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MightyOne
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Postby MightyOne » Mon Oct 19, 2009 9:55 am

pablo101 wrote:
MightyOne wrote:
Braathen wrote:Ok so my first shot this wonderfull monday morning.. im thinking gu short.. if im wrong ... pls flame me :) :)
Currently running 43 pips :twisted: This could turn into a nice day off ;)

Image



Image


Thanks for the chart MO. Am I seeing Andrews pitchfork in the chart too? :smt069


That is a 35 x 35 channel using the bottom of the wedge

Attached is a picture of a "Hollow Channel"

They can be observed though price reacting to the outside of the channel and then racing through the channel is if there were no S&R.

The channel is filled when PA starts filling the channel.

They are used to detect where price will trend strongly.

They can only be drawn by using DOP angles.

(no I am not getting into a huge discussion) :wink:

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MightyOne
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Postby MightyOne » Mon Oct 19, 2009 9:59 am

pablo101 wrote:Slow Monday so I thought I get started looking at things from a different angle ;)

My first attempt H1 EJ drawing lines looking odd, in all that is holy, I haven't a monkey what the heck I'm drawing at, guess I have to start somewhere





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1. delete background lines
2. compress your chart

You cannot see anything with your nose on the chart...

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