PA, S/R, ZL, EXTREMES & MOMO
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it is higher time frame S/R
you then look at the PA to determine if it is going to where you determine the s/r to be at.
take small losses and bigger winners
the market wants/needs to move from s/r to s/r
you just use momo and failed extremes..( demand/supply) to give hints on if it is going or not
in most cases i am using h1 s/r, and then i trade that s/r based off the inside charts ( because the inside charts show me where it is going based on where I THINK it is going)
not just the calls i make, but the targets---- how many times does it stop at or close to the targets and reverse?
it does bec that is a previous point in time that something important happened and the market remembers that, and then it reacts again
i really cant explain it better than posting the charts
i take losses, but they are small, you just need to look at higher t/f s/r and trade to and from it
i mainly use the h1 and trade inside that
you can use the W1 and trade off the H1 and H4
it is the same on all time frames, it just moves to and from each s/r point, if one holds it wants the next one............... if it doesnt make it to the tp then you use PA to get out
watching the inside charts shows you the s/r and or momo as it is going your way---- these areas allow you to stay in to the target. If it is not creating new s/r and or momo on the way to the tp, then you just get out ------- if it does, then these areas protect you on the way to the tp, allowing you to sit through the pullbacks and make decisions on what happens into these areas
cant really explain it other in charts
you then look at the PA to determine if it is going to where you determine the s/r to be at.
take small losses and bigger winners
the market wants/needs to move from s/r to s/r
you just use momo and failed extremes..( demand/supply) to give hints on if it is going or not
in most cases i am using h1 s/r, and then i trade that s/r based off the inside charts ( because the inside charts show me where it is going based on where I THINK it is going)
not just the calls i make, but the targets---- how many times does it stop at or close to the targets and reverse?
it does bec that is a previous point in time that something important happened and the market remembers that, and then it reacts again
i really cant explain it better than posting the charts
i take losses, but they are small, you just need to look at higher t/f s/r and trade to and from it
i mainly use the h1 and trade inside that
you can use the W1 and trade off the H1 and H4
it is the same on all time frames, it just moves to and from each s/r point, if one holds it wants the next one............... if it doesnt make it to the tp then you use PA to get out
watching the inside charts shows you the s/r and or momo as it is going your way---- these areas allow you to stay in to the target. If it is not creating new s/r and or momo on the way to the tp, then you just get out ------- if it does, then these areas protect you on the way to the tp, allowing you to sit through the pullbacks and make decisions on what happens into these areas
cant really explain it other in charts
Bend over and assume the position for another 4 years of hope and change.
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for anyone new that is reading this thread............ all this came from mightyone's posts. Dragon33 then interperted what he showed and traded it his own way. I then interperted what they both posted and put it into how i see it.
You prob wont be able to trade it the exact way that i do, as i am not able to trade it the exact way that MO or dragon does.
the point is
take the idea/concept and apply what you see to it
everyone will see things a little different, you just need to trade what you see based on the principles that are laid out---------- S/R, MOMO, EXTREMES, S/D and PA
or you could just use a MA crossover strategy
or a RSI system
or go to a bunch of seminars and have them spew useless crap at you for 3k
either or
You prob wont be able to trade it the exact way that i do, as i am not able to trade it the exact way that MO or dragon does.
the point is
take the idea/concept and apply what you see to it
everyone will see things a little different, you just need to trade what you see based on the principles that are laid out---------- S/R, MOMO, EXTREMES, S/D and PA
or you could just use a MA crossover strategy
or a RSI system
or go to a bunch of seminars and have them spew useless crap at you for 3k
either or
Bend over and assume the position for another 4 years of hope and change.
es/pip wrote:it is higher time frame S/R
you then look at the PA to determine if it is going to where you determine the s/r to be at.
take small losses and bigger winners
the market wants/needs to move from s/r to s/r
you just use momo and failed extremes..( demand/supply) to give hints on if it is going or not
in most cases i am using h1 s/r, and then i trade that s/r based off the inside charts ( because the inside charts show me where it is going based on where I THINK it is going)
not just the calls i make, but the targets---- how many times does it stop at or close to the targets and reverse?
it does bec that is a previous point in time that something important happened and the market remembers that, and then it reacts again
i really cant explain it better than posting the charts
i take losses, but they are small, you just need to look at higher t/f s/r and trade to and from it
i mainly use the h1 and trade inside that
you can use the W1 and trade off the H1 and H4
it is the same on all time frames, it just moves to and from each s/r point, if one holds it wants the next one............... if it doesnt make it to the tp then you use PA to get out
watching the inside charts shows you the s/r and or momo as it is going your way---- these areas allow you to stay in to the target. If it is not creating new s/r and or momo on the way to the tp, then you just get out ------- if it does, then these areas protect you on the way to the tp, allowing you to sit through the pullbacks and make decisions on what happens into these areas
cant really explain it other in charts
Mom! Mom! One day I wanna be like es/pip!
Thanks for charts, they are great!
look at the last m5 GU chart i posted
as it moves up to my TP the up bars create momo, this momo allows me to let it pullback and then make an attempt to hold and continue after the pullback
if it didnt create momo and/ or s/r on the way up and started wicking highs/ making momo down i would look to get out at the best price i could
on the way up you can see a m5 momo down, at that point i am kind of close to my target, as that next bar was bouncing into it i had my finger ready to hit the button and bail. it kept going so i stayed in
but that is how i look at things as they are going my way
as it moves up to my TP the up bars create momo, this momo allows me to let it pullback and then make an attempt to hold and continue after the pullback
if it didnt create momo and/ or s/r on the way up and started wicking highs/ making momo down i would look to get out at the best price i could
on the way up you can see a m5 momo down, at that point i am kind of close to my target, as that next bar was bouncing into it i had my finger ready to hit the button and bail. it kept going so i stayed in
but that is how i look at things as they are going my way
Bend over and assume the position for another 4 years of hope and change.
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