The ideas that I trade by:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Fri Feb 19, 2016 5:11 am

v8power wrote:Haha. Exactly why these are "ideas you trade by" and not a mechanical system.


When you are trading larger patterns from small charts you can easily switch directions.

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Re: The ideas that I trade by:

Postby v8power » Fri Feb 19, 2016 5:15 am

If i just look at it from a blank mind i would say price is headed down.

Also i see your reverse buzzard pattern or shrinkage marked with the 3,2,1. Also i see a double failure. But thats not what you asked.

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Re: The ideas that I trade by:

Postby MightyOne » Fri Feb 19, 2016 5:24 am

v8power wrote:If i just look at it from a blank mind i would say price is headed down.

Also i see your reverse buzzard pattern or shrinkage marked with the 3,2,1. Also i see a double failure. But thats not what you asked.


You would not believe how many times, after saying "price cannot rise on wicks neither can it fall without closing lower", that people say something like
"this candle closed higher than something but then price went into a down trend".

All that I can tell them is "please read what I just wrote, it is the truth, if there is conflict then it is coming from your own mind".

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Re: The ideas that I trade by:

Postby v8power » Fri Feb 19, 2016 5:36 am

After you first talked about price cancelling out profits, it made me start to visualize how price was actually moving inside a candle.

After a burst of momo, yea u might have candles closing in the opposite direction, but it's just canceling out profit. Sometimes looking at price that is contained in a bar, with open, close, high and low marked blurs its actually movement. Thats just how i feel tho.

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Re: The ideas that I trade by:

Postby MightyOne » Fri Feb 19, 2016 6:08 am

v8power wrote:After you first talked about price cancelling out profits, it made me start to visualize how price was actually moving inside a candle.

After a burst of momo, yea u might have candles closing in the opposite direction, but it's just canceling out profit. Sometimes looking at price that is contained in a bar, with open, close, high and low marked blurs its actually movement. Thats just how i feel tho.


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Re: The ideas that I trade by:

Postby v8power » Fri Feb 19, 2016 3:00 pm

Hum. Not positive what your trying to show. But your circles show me pretty much price cancelling profits, price not being able to rise on wicks, wicks in the direction of loss. Also price was in a CZ and a upward daily momo. I played it for a easy 100 pip gain from 4275 to 4375.

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Re: The ideas that I trade by:

Postby MightyOne » Fri Feb 19, 2016 4:46 pm

v8power wrote:Hum. Not positive what your trying to show. But your circles show me pretty much price cancelling profits, price not being able to rise on wicks, wicks in the direction of loss. Also price was in a CZ and a upward daily momo. I played it for a easy 100 pip gain from 4275 to 4375.


Because I draw circles you cannot recognize what I am showing you? :wink:

& yes, we knew that there would be yet another "upset".

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Re: The ideas that I trade by:

Postby v8power » Fri Feb 19, 2016 4:56 pm

Haha, ok poor choice of words on my part.

Are you trading forex this year at all.

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Re: The ideas that I trade by:

Postby MightyOne » Fri Feb 19, 2016 5:35 pm

v8power wrote:Haha, ok poor choice of words on my part.

Are you trading forex this year at all.


Maybe in April,
I want to try out this FXSynergy that I bought through Jala.

If not for friends trading the Forex market, I would not trade Forex at all.

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Re: The ideas that I trade by:

Postby biggusdickus » Fri Feb 19, 2016 6:00 pm

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Many thanks again for sharing your thoughts and ideas.
Sometimes a simple idea is all I need to make big changes. I doubt I trade like you- but a few of your comments
resonated with me and changed the way I think- more importantly I realized in the heat of the moment what I was thinking.
Predicting! That simple idea has made a dramatic change to my bottom line. Hope it's okay to display stats- The current stats
are since reading this thread- I have included the previous stats from before reading the thread for comparison.

Most trading sites have posters with the mentality - If you don't trade like me you are wrong. These posts are
a breath of fresh air. SO thank you.

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