The ideas that I trade by:

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doddy
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Postby doddy » Fri Jul 25, 2014 7:05 am

Jala; How to post pics of my chart whether it is drawn correctly?

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Jalarupa
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Postby Jalarupa » Fri Jul 25, 2014 7:10 am

If you quote a post that has pictures on it, you can review the "code" and see for yourself... Or just use the syntax "Image"
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

doddy
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Postby doddy » Fri Jul 25, 2014 7:51 am

Hi Jala;

Is this correct? Thanks
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eurusdm15.png
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Jalarupa
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Postby Jalarupa » Fri Jul 25, 2014 7:57 am

Looks good well done and welcome to the familia :D
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

doddy
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Postby doddy » Fri Jul 25, 2014 8:25 am

Jala; By drawing this lines what do we expect of price moves? How do we know where to trigger trades and where is the SL?

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Jalarupa
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Postby Jalarupa » Fri Jul 25, 2014 8:38 am

All the answers are in those threads...

I line is a price that price may cross but not close over (if it does then you are facing the wrong way)... you trigger trades on a Wick Doll (generally if you are looking for low RR) and SL is always at an extreme on a high time frame... The closer you are to the extreme the larger your Lot size... Risk stays constant and the amount you risk is between you and your desire for fame and riches and fears of death and despair...

Trying my best to channel the guru here...

Image

I must say that the amount of effort MO puts into his markups is amazing, I'm looking through my folder and there are so many that are absolute masterpieces...
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

doddy
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Postby doddy » Fri Jul 25, 2014 8:51 am

Ok very thankful, I check it out

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Postby adaseb » Fri Jul 25, 2014 9:37 am

MightyOne wrote:Learning to draw the DOP will teach you wave analysis...
again, not the kind that you learn in books but the kind that the market itself teaches you.

Image


There are 'triangles everywhere' because there are channels 'everywhere'; a triangle is a channel, a fork is a type of channel, 'head & shoulders' describes a triangle breakout and reentry...it is all connected.

I remember the first time that I really thought about the triangle as more than a pattern; it was while following along to an old Ted Warren seminar.

Ted pointed to the low breakout of a triangle he had drawn (I'm seeing this mentally, it was an audio tape and book) & said that x was a perfect shakeout from a triangle.

My whole world up until that point was trading breakouts from triangles, blinders and all, & now this man was telling me this low breakout was a perfect buy signal!

I was also intrigued by how he drew some of the triangles allowing for these 'shakeouts' (breakouts).

During the seminar he gave me permission to SEE BEYOND THE PATTERN & to use technical analysis to expand sight, not to limit it through definitions.

http://www.amazon.com/Warrens-Advanced-Commodity-Trading-Techniques/dp/B001OXR5OQ/ref=sr_1_4?ie=UTF8&qid=1406227309&sr=8-4&keywords=advanced+commodity+trading+techniques


TRO is right up there with Ted Warren as far as having a great impact on my trading.

When I am in front of my charts I often hear TRO over my shoulder saying "that is interesting...but all you need is a horizontal line". :D


Was gonna buy this and then realised I will need a VCR and a tape player.

LOL

Image

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MightyOne
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Postby MightyOne » Fri Jul 25, 2014 9:53 pm

just c-tape player, you can throw the VHS tapes away.

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xXx
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Postby xXx » Sat Jul 26, 2014 6:50 am

Adaseb you could use USB Audio Cassette Tape Converter to MP3 and https://uk.answers.yahoo.com/question/i ... 302AAO12Td to convert them for future generations ;)

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