ProchargedMopar's Dart Dynasty

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MightyOne
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Re: ProchargedMopar's Dart Dynasty

Postby MightyOne » Fri May 20, 2016 3:16 pm

sinchena8 wrote:
Hi MO, can I ask 2 silly questions, please? :mrgreen:

thanks!!!!


A breakout is a fast move & a breakout of a breakout is a "new high".

Yes, you can draw your line higher, I just wanted to show two different ways because sometimes people just need to know that it is ok to mark the chart as they see it.

You do not need reference points but they can be part of your artistic style.
All that you need to see is price breaking out or moving quickly away from 'something', let us call it a cone, and returning to 'something'.

Technical analysis is just what you see, it is patterns that are picked up by the eyes, it is art class.
Once you have a pattern then you use ideas to trade it: "if price is below something then it is not going up"
Simple ideas are unchanging truths that guide you throughout the day, week, and month.

There are only cones and pennants & from these you can make up-channels & down-channels.

15 degrees is so shallow that it can be used as a horizontal line.
1) if price breaks above and stays above then trade long
2) if price breaks above and fails to stay above then trade short.

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Re: ProchargedMopar's Dart Dynasty

Postby sinchena8 » Fri May 20, 2016 3:36 pm

MightyOne wrote:
sinchena8 wrote:
Hi MO, can I ask 2 silly questions, please? :mrgreen:

thanks!!!!


A breakout is a fast move & a breakout of a breakout is a "new high".

Yes, you can draw your line higher, I just wanted to show two different ways because sometimes people just need to know that it is ok to mark the chart as they see it.

You do not need reference points but they can be part of your artistic style.
All that you need to see is price breaking out or moving quickly away from 'something', let us call it a cone, and returning to 'something'.

Technical analysis is just what you see, it is patterns that are picked up by the eyes, it is art class.
Once you have a pattern then you use ideas to trade it: "if price is below something then it is not going up"
Simple ideas are unchanging truths that guide you throughout the day, week, and month.

There are only cones and pennants & from these you can make up-channels & down-channels.

15 degrees is so shallow that it can be used as a horizontal line.
1) if price breaks above and stays above then trade long
2) if price breaks above and fails to stay above then trade short.


Thanks MO, appreciate very much! :)

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prochargedmopar
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Fri May 20, 2016 5:34 pm

MightyOne wrote:
sinchena8 wrote:
Hi MO, can I ask 2 silly questions, please? :mrgreen:

thanks!!!!


A breakout is a fast move & a breakout of a breakout is a "new high".

Yes, you can draw your line higher, I just wanted to show two different ways because sometimes people just need to know that it is ok to mark the chart as they see it.

You do not need reference points but they can be part of your artistic style.
All that you need to see is price breaking out or moving quickly away from 'something', let us call it a cone, and returning to 'something'.

Technical analysis is just what you see, it is patterns that are picked up by the eyes, it is art class.
Once you have a pattern then you use ideas to trade it: "if price is below something then it is not going up"
Simple ideas are unchanging truths that guide you throughout the day, week, and month.

There are only cones and pennants & from these you can make up-channels & down-channels.

15 degrees is so shallow that it can be used as a horizontal line.
1) if price breaks above and stays above then trade long
2) if price breaks above and fails to stay above then trade short.[
/quote]

And do not let a smaller tf line offend thee, lest thee must pluck it out.
#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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Re: ProchargedMopar's Dart Dynasty

Postby sinchena8 » Fri May 20, 2016 5:46 pm

prochargedmopar wrote:
MightyOne wrote:
sinchena8 wrote:
Hi MO, can I ask 2 silly questions, please? :mrgreen:

thanks!!!!


A breakout is a fast move & a breakout of a breakout is a "new high".

Yes, you can draw your line higher, I just wanted to show two different ways because sometimes people just need to know that it is ok to mark the chart as they see it.

You do not need reference points but they can be part of your artistic style.
All that you need to see is price breaking out or moving quickly away from 'something', let us call it a cone, and returning to 'something'.

Technical analysis is just what you see, it is patterns that are picked up by the eyes, it is art class.
Once you have a pattern then you use ideas to trade it: "if price is below something then it is not going up"
Simple ideas are unchanging truths that guide you throughout the day, week, and month.

There are only cones and pennants & from these you can make up-channels & down-channels.

15 degrees is so shallow that it can be used as a horizontal line.
1) if price breaks above and stays above then trade long
2) if price breaks above and fails to stay above then trade short.[
/quote]

And do not let a smaller tf line offend thee, lest thee must pluck it out.


Thanks MO!

How much should I be concerned with the Daily, Weekly and Monthly OHLC and 50% lines? I see prices got "magneted" to the Weekly ones quite frequently. I often hold back my guns when prices are near these lines and missing quite a fair bit of entry opportunities as a result.

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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Fri May 20, 2016 7:55 pm

Mighty Zone = ICT order block

Failed/broken Zero Line = ICT Breaker

Zero Line = ICT Entry/target levels.

But what he is showing has NEVER been taught before.

Some how/reason it chaps my asss and I'd like to let him know about it.
#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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Re: ProchargedMopar's Dart Dynasty

Postby John S. » Fri May 20, 2016 8:10 pm

There is absolutely NOTHING new in trading. All "new" ideas on this board and everywhere else is simply something that has already been presented before, repackaged, or given new terminology. :)

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Re: ProchargedMopar's Dart Dynasty

Postby MightyOne » Fri May 20, 2016 8:47 pm

John S. wrote:There is absolutely NOTHING new in trading. All "new" ideas on this board and everywhere else is simply something that has already been presented before, repackaged, or given new terminology. :)


Elliott Wave, Fractal pattern analysis, Gann, and even candles were all new and unique ideas at one time.

Most ideas today are rediscovered or reimagined because there are only so many ways to look at something.

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Re: ProchargedMopar's Dart Dynasty

Postby John S. » Fri May 20, 2016 9:28 pm

MightyOne wrote:
John S. wrote:There is absolutely NOTHING new in trading. All "new" ideas on this board and everywhere else is simply something that has already been presented before, repackaged, or given new terminology. :)


Elliott Wave, Fractal pattern analysis, Gann, and even candles were all new and unique ideas at one time.

Most ideas today are rediscovered or reimagined because there are only so many ways to look at something.



Yes, that's what I just said...........lmao. Laugh_Smile

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MightyOne
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Re: ProchargedMopar's Dart Dynasty

Postby MightyOne » Fri May 20, 2016 9:56 pm

John S. wrote:
MightyOne wrote:
John S. wrote:There is absolutely NOTHING new in trading. All "new" ideas on this board and everywhere else is simply something that has already been presented before, repackaged, or given new terminology. :)


Elliott Wave, Fractal pattern analysis, Gann, and even candles were all new and unique ideas at one time.

Most ideas today are rediscovered or reimagined because there are only so many ways to look at something.



Yes, that's what I just said...........lmao. Laugh_Smile


No, you said "absolutely nothing" and that is not entirely accurate.

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Re: ProchargedMopar's Dart Dynasty

Postby John S. » Fri May 20, 2016 10:01 pm

It absolutely is accurate..................lmao.

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