The ideas that I trade by:

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bredin
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Postby bredin » Wed Nov 19, 2014 10:59 pm

alexi13 wrote:
MightyOne wrote:
Image


Thank you for the post.

BTW how is it possible that my chart is so different than yours?
I have never seen a difference like this before.

Image


Theyre not different.

Looks like your broker and MOs have different starttimes for their daily candles.

G.
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Sandra
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Postby Sandra » Thu Nov 20, 2014 7:06 am

How do I know where "something line should be put.
I dont understand the "farther in the past" the longer term."
But using a 5 min chart just for explanation, I see higher lows with whit bars and when it reverses I see lower highs.
I see alot of inside bars????

over all... im lost how to trade these at its basic...

"something" has to be defined as something???
not sure if this makes sense...

:cry:
S
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Sandra
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Postby Sandra » Thu Nov 20, 2014 7:12 am

By the way, I did revers at 65 and now up 25 pips!

Just not sure why...I did...other than price was moving up.

:)

ps... trading has to has some logic doesnt it...I cant seem to find any.

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Captain Pugwash
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Postby Captain Pugwash » Thu Nov 20, 2014 7:40 am

bredin wrote:
alexi13 wrote:
MightyOne wrote:
Image


Thank you for the post.

BTW how is it possible that my chart is so different than yours?
I have never seen a difference like this before.

Image


Theyre not different.

Looks like your broker and MOs have different starttimes for their daily candles.

G.


And it goes to prove a point

Both charts, whatever the broker, fail to close lower than "something"

Sandra - I read the term "Something" as a catch all for supply demand /support resitsance
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MightyOne
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Postby MightyOne » Thu Nov 20, 2014 8:27 am

I tell you the truth, 'something' is anything.

The further back 'something' is the larger the chart that it is based on.
EXAMPLE: you wouldn't draw 'something' 100 pips away on a 1 minute chart. Why? because the time it takes for price to descend that far and have a meaningful close lower would require a larger chart.

Trading is just simple truths mixed with logic.

Ask at least 1 question every single day and over the course of a decade you will be your own MightyOne.

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alexi13
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Postby alexi13 » Thu Nov 20, 2014 8:42 am

bredin wrote:Theyre not different.

Looks like your broker and MOs have different starttimes for their daily candles.

G.


It is so obvious now :oops: Thank you for the answer.

Back to business:
Here is my attempt to trade daily chart. I hope for close under and then double at Wickdoll.

Image

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MightyOne
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Postby MightyOne » Thu Nov 20, 2014 7:52 pm

Here are some other indicators that I came up with that Jscar was kind enough to code:

http://forums.babypips.com/newbie-islan ... ators.html

And here you can go through an old discussion concerning some topics that may still confuse you:

http://forums.babypips.com/newbie-islan ... cator.html

Some of the pictures have been replaced by tinypic but most of the links are still intact.

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MightyOne
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Postby MightyOne » Thu Nov 20, 2014 7:57 pm

alexi13 wrote:
bredin wrote:Theyre not different.

Looks like your broker and MOs have different starttimes for their daily candles.

G.


It is so obvious now :oops: Thank you for the answer.

Back to business:
Here is my attempt to trade daily chart. I hope for close under and then double at Wickdoll.

Image


Your last objective is to learn to push the 'buy-buy-buy' button to accumulate a larger position before the long term range expansion (trend).

The simple way is: enter, double, exit or enter, double, +50%, exit.

Re-position your stop, repeat by starting with your last position size, hit a % target.

procinski
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Postby procinski » Fri Nov 21, 2014 12:05 pm

Hi All, with You for some years but just reading.
My attempt to Your idea that You trade by :wink:
- Thanks MO
Probably I was adding too soon, but when we move and half position after first entry, actually we can double with the price of the first entry?
Or am I doing something wrong?

Last edited by procinski on Sun Nov 23, 2014 4:08 pm, edited 1 time in total.

procinski
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Postby procinski » Fri Nov 21, 2014 12:54 pm

...just to see better :)


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