The ideas that I trade by:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Tue Mar 15, 2016 2:55 pm

XAUUSDecnM15.png
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Braathen
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Re: The ideas that I trade by:

Postby Braathen » Tue Mar 15, 2016 3:00 pm

so both those lines are drawn as medians?
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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Braathen
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Re: The ideas that I trade by:

Postby Braathen » Tue Mar 15, 2016 3:03 pm

Btw love the latest charts with cones.
A lot of my trades lately have been trying to come back into cones or pennants.
E/U and U/C have been personal favourites.
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Tue Mar 15, 2016 3:06 pm

Braathen wrote:so both those lines are drawn as medians?


If we are talking about the angles, the cone lines can be the high, low, or middle of a pitchfork; but you don't always need that much information, here we can see what is high and what is low by simply looking at the cone.

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Tue Mar 15, 2016 3:49 pm

Don't be afraid to develop your own drawing style using 15 degree angles.

Remember that BOTH the cone and pennant exist at the same time; a triangle is TWO IDEAS about direction.


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dragon33
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Re: The ideas that I trade by:

Postby dragon33 » Tue Mar 15, 2016 6:13 pm

wow i'm impressed you're still around mighty ;-)
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

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Re: The ideas that I trade by:

Postby v8power » Tue Mar 15, 2016 6:27 pm

dragon33 wrote:wow i'm impressed you're still around mighty ;-)


You should think about making a come back dragon :D

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Tue Mar 15, 2016 9:45 pm

dragon33 wrote:wow i'm impressed you're still around mighty ;-)


I don't want to be remembered as "TheCrypticOne"; I am going to be as explicit as possible and then I'll go. ;)

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Wed Mar 16, 2016 2:42 am

15 degrees, there is no other angle that is worthy of consideration.

XAUUSDecnM15.png
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Rangoban
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Re: The ideas that I trade by:

Postby Rangoban » Wed Mar 16, 2016 10:23 am

Please never go :shock:
Do you want some entertainment on Kreslik? What kind of entertainment do you prefer? :?

And to add some useful, here is a chart:
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