"The Best of dragon33"

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withnail
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Postby withnail » Wed Jun 18, 2014 10:52 am

Alerts are nice using the metatrader app and the notification function.

A quick google:-
http://www.forexfactory.com/showthread.php?t=467593
1. Big loss, 2. Small Loss, 3. Big Win, 4. Small Win --- just prevent 1.

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Jalarupa
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Postby Jalarupa » Wed Jun 18, 2014 11:11 am

xXx wrote:I will try to marry Sam Seiden and MO ;)


Here's how easy it is to do this...

Sam Supply Levels
Image

MO Position Sizing
Image

Dragon Style
Image

There is no ONE way or BEST way... only the way YOU create

Sorry bout this but this conversation got me thinking about this video...

https://www.youtube.com/watch?v=jUw4Qh9uFK8

Not for sensitive viewers
:smt065

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Pasaia
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Postby Pasaia » Wed Jun 18, 2014 12:32 pm

Just to continue the conversation .... :) and continuing on gold, the way i see it, and assuming there´s no changes...
Can anybody teach me to insert clear images, thank you.


Dan
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Postby Dan » Wed Jun 18, 2014 1:37 pm

Jalarupa wrote:Hi Dan, Kindly clarify what you have discovered so that those who were not privy to the info may benefit... ;)


It's nothing new, in fact Doji goes into the same stuff somewhere in his thread, the moral of the story is you have to be patient and wait.

The 3 means nothing when it first appears and we all know this. He is waiting for confirmation that price has stopped and is showing that its the top or bottom of the move. Once the 3 candle closes, wait and see if price continues to confirm that it's reversing (mid points, rock boxes, zlines, whatever price action you are comfortable with). The important part is waiting, if you enter and price goes against you or past your dragon line , mommo, or whatever just take a small loss and re-enter when it looks right. All those awesome 3,1,1 setups you see when you scroll back your charts is what he's interested in, yes they are hindsight but they did happen and they happened at larger t/f areas of interest guaranteed.

It's all the same, "enter at higher t/f extremes".

What I discovered is I need 10x more patience than what I currently have and having alerts for the area's with the best r/r would stop me trying to make my target pips when they are just not there.

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xXx
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Postby xXx » Wed Jun 18, 2014 3:25 pm

My first take on Dragon Lines :)
Any comments?
Should I add any additional lines?
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Jalarupa
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Postby Jalarupa » Wed Jun 18, 2014 3:35 pm

xXx wrote:My first take on Dragon Lines :)
Any comments?
Should I add any additional lines?


Good assessment, But there are many more... Pay careful note to those at extremes or turning points in the market... As well as those dragons which form Zlines...

Also do the same on a H1 chart and see the results...

Here is a look at the H1 Chart in GU uing the II Dragon'Lines Indicator... TRO also coded one that he added to the motherloads some time back...

Image
:smt065

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Postby withnail » Wed Jun 18, 2014 6:48 pm

Pasaia wrote:Just to continue the conversation .... :) and continuing on gold, the way i see it, and assuming there´s no changes...
Can anybody teach me to insert clear images, thank you.

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1. Big loss, 2. Small Loss, 3. Big Win, 4. Small Win --- just prevent 1.

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Pasaia
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Postby Pasaia » Wed Jun 18, 2014 7:05 pm

Many thanks Withnail. See if I can now upload a decent picture!

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Captain Pugwash
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Postby Captain Pugwash » Wed Jun 18, 2014 7:41 pm

xXx wrote:My first take on Dragon Lines :)
Any comments?
Should I add any additional lines?


As well as what Jal saiid, Try not to use the Horizontal line tool - you may not see where stuff originated from (or where you originated stuff from)- although it can be very informative to see the history of the level

Maybe use the trendline tool and keep it horizontal ? - it will draw a line like on Jals chart

Try www.tradingview.com - the charting and tools are VERY nice.

Its just my way - you do what you feel is right
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

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xXx
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Postby xXx » Thu Jun 19, 2014 10:21 am

Ok thank you guys.
I will try to keep that in mind

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