The ideas that I trade by:

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prochargedmopar
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Re: The ideas that I trade by:

Postby prochargedmopar » Thu Dec 04, 2014 6:19 pm

Are these zones accurate using the CS_mod indy?

Price on GJ H4 and ECad H1 the week
opens IN a zone.

http://screencast.com/t/EtfBz2tm

http://screencast.com/t/6rMWcFu9h
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#1BODY in direction of profit #2INCREASE lot size Obsessively
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Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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alexi13
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Re: The ideas that I trade by:

Postby alexi13 » Thu Dec 04, 2014 6:34 pm

prochargedmopar wrote:Are these zones accurate using the CS_mod indy?

Price on GJ H4 and ECad H1 the week
opens IN a zone.

http://screencast.com/t/EtfBz2tm

http://screencast.com/t/6rMWcFu9h


If I understand the concept right, zones are measured from actual extreme so yes, they are accurate.
But maybe I misunderstood the whole concept..
Everything should be made as simple as possible, but not simpler - Einstein
Question all - Cs

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Dec 04, 2014 7:26 pm

prochargedmopar wrote:Are these zones accurate using the CS_mod indy?

Price on GJ H4 and ECad H1 the week
opens IN a zone.

http://screencast.com/t/EtfBz2tm

http://screencast.com/t/6rMWcFu9h


Image

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Dec 04, 2014 7:40 pm

kate682 wrote:
Image


Is this the sort of right way to draw the lines?
thank you.
Kate


You are looking for the pretty when you should be looking for the ugly [-X

Breakouts define triangles, there exists no triangle without a breakout.

The basic pattern is a hook with a breakout that hooks.

If you draw the triangle incorrectly (without BO) then your channels are already lost (you are setting yourself up to trade false BO).

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Re: The ideas that I trade by:

Postby kate682 » Thu Dec 04, 2014 8:00 pm

You are looking for the pretty when you should be looking for the ugly [-X

Breakouts define triangles, there exists no triangle without a breakout.

The basic pattern is a hook with a breakout that hooks.

If you draw the triangle incorrectly (without BO) then your channels are already lost (you are setting yourself up to trade false BO).[/quote]


Argh!!
More along these sort of lines then?

Image


Thanks Mo, appreciated
xx
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Re: The ideas that I trade by:

Postby MightyOne » Thu Dec 04, 2014 8:21 pm

alexi13 wrote:Here's my today EU trade. I've placed my stop/position at the extreme.

Now I ponder, was it possible to avoid that loss?
Sure it was. If only I had space of 31 pips I would have gained easy 100 pips.
But wait, then it would not be position at the extreme but 16 pips away from it.

So my question is do you always place your stops/positions exactly at 2d+ extremes, or do you oversize your space sometimes?
Image


Please note the "+" in "2+" day extreme, it means that you want to have your stop AT LEAST that far away.

The idea is to trade from the large chart extremes with the smallest amount of space/risk & then accumulate
size before the large chart makes a significant move that carries you to a %target.

So many people think that because they can profit that it is a good trade when it is long term position & potential that determines whether or not your trades are 'good'.
Anyone can make 20 pips, who can make 1000%? The right thing is most often the narrowest road.


Image


EDIT: #3 should read "...a signal to fade the unlikely event..."
Last edited by MightyOne on Thu Dec 04, 2014 8:29 pm, edited 1 time in total.

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Dec 04, 2014 8:25 pm

kate682 wrote:You are looking for the pretty when you should be looking for the ugly [-X

Breakouts define triangles, there exists no triangle without a breakout.

The basic pattern is a hook with a breakout that hooks.

If you draw the triangle incorrectly (without BO) then your channels are already lost (you are setting yourself up to trade false BO).


Argh!!
More along these sort of lines then?

Image


Thanks Mo, appreciated
xx


Women, wherefore art thou lines cutting through breakouts? =D> :wink:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Dec 04, 2014 8:33 pm

doddy wrote:MO; Please can you share the Crash Zone indicator?

Tks so much and all your help to try to help us.


I cannot post TRO's donational indicators, but you can follow the link to the free version:

viewtopic.php?p=78304#p78304

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Re: The ideas that I trade by:

Postby kate682 » Thu Dec 04, 2014 8:51 pm

Mo Thank you!

Would you mind just checking once more (different format), your input is so much appreciated.
Thank you. Kate xx

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Re: The ideas that I trade by:

Postby MightyOne » Thu Dec 04, 2014 9:43 pm

Just to clarify, I meant that your lines were horribly incorrect.

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