The ideas that I trade by:

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MightyOne
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Postby MightyOne » Wed Nov 26, 2014 6:36 pm

Jalarupa wrote:Hi Kate,

With Drawing Cones just find the angles...

EDIT: awhile*
I can't type :)

Image


and then clone them backwards or forwards into time to form either and cone or a pennant... Or what is also referred to as a DOP (Diamond of Perception)

Image


Pug's your lines are a bit too tight... loosen them up a bit...

Creating a Line in the Sand (LiS) that you place your Space around and trade away from...

Hope this helps...


Not that your drawing are wrong...
I'm just showing how much faster it is to find cones by focusing on breakouts:

Image
Last edited by MightyOne on Wed Nov 26, 2014 8:01 pm, edited 1 time in total.

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Sandra
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Postby Sandra » Wed Nov 26, 2014 6:40 pm

This is what I think is happening?

S
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Jalarupa
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Postby Jalarupa » Wed Nov 26, 2014 7:04 pm

MightyOne wrote:
Jalarupa wrote:Hi Kate,

With Drawing Cones just find the angles...

Image


and then clone them backwards or forwards into time to form either and cone or a pennant... Or what is also referred to as a DOP (Diamond of Perception)

Image


Pug's your lines are a bit too tight... loosen them up a bit...

Creating a Line in the Sand (LiS) that you place your Space around and trade away from...

Hope this helps...


Not that your drawing are wrong...
I'm just showing how much faster it is to find cones by focusing on breakouts:

Image


I was blind...

But now I see...

Thank you Mr. One

Always appreciate getting schooled by you ;)

Yeah, what he said Katie... :P

Edit - by the way Sandra, you are spot on in your assessments and findings... keep going down that path and you will eventually see it's really that easy...
"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>>

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MightyOne
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Postby MightyOne » Wed Nov 26, 2014 7:35 pm

After your initial entry your 'chart window' expands with the current price and can only collapse to x (your stop).

Adding size moves 'x' closer to the current price (think trailing stop) to normalize risk and so
trading the large chart is simply placing and trailing a stop loss.

I explain things as they appear in my head, I am sure there is someone who can come up with a better example :)

Image

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MightyOne
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Postby MightyOne » Wed Nov 26, 2014 7:55 pm

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Postby MightyOne » Wed Nov 26, 2014 8:03 pm

Ignore all the typos, I'm doing 40 things at once :)

aliassmith
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Postby aliassmith » Wed Nov 26, 2014 8:35 pm

Sandra wrote:I have a million scalp ideas in my head!!! thats my problem...I really want to be able to go to longer term charts....

so depressing!

S


The only difference between short term charts and long term charts is...PATIENCE!
Trade Your Way as Long as It Makes Money!

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kate682
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space BOx

Postby kate682 » Thu Nov 27, 2014 1:06 pm

wow, MO and others, thank you, i do believe I'm starting to understand. It's taking a huge mindshift change though. But i'm not letting it go, so 'inner me' kind of knows its the right thing to be taking on board. Thank you for continuing to bear with me with this. Very very much appreciated.

Image


To give something back, here's an indicator i've modified that might be of interest. It's set to 240, have another set to 1440 which will sit on your chart at the same time if anyone's interested. Don't want to just be a 'user' here, want to give something back and will do my utmost to in due course.

Hugs Kate
x
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kate682
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Postby kate682 » Thu Nov 27, 2014 1:31 pm

fighting my way through this. Is this right? How do i get the confidence to trade it? What do others use as their 'line in the sand'? (LiS) Can see how it works in hindsight (I think), but how to make it work projecting forward? I'm know i'm missing something, really frustrating.

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Empirical Trader
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Sandra
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Postby Sandra » Thu Nov 27, 2014 2:40 pm

Im five steps behind you sister... Im still trying find the ah ha...

S

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