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 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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dragon33
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Re: The ideas that I trade by:

Postby dragon33 » Wed Mar 16, 2016 11:04 am

v8power wrote:
dragon33 wrote:wow i'm impressed you're still around mighty ;-)


You should think about making a come back dragon :D

Who knows maybe when Mighty is giving up or so ;-)
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

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dragon33
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Re: The ideas that I trade by:

Postby dragon33 » Wed Mar 16, 2016 11:07 am

MightyOne wrote:
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. ;)

I guess you have a lot of work to do to release the cryptic thing, i remember i had double as much work reading all your stuff because this is far from my mother language. The only thing that happened is that i speak mcuh better English as before hahaha
Trading is like cycling, first you need to learn how.

Two options: you either lose or win!

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thepark
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Re:

Postby thepark » Wed Mar 16, 2016 4:33 pm

MightyOne wrote:You either see it or you don't.

I don't know what else to tell you.


AUDJPYecnM15.png


What do the W, B and eights mean?
And the red,orange, blue lines on the H8 chart?

Also do you trade a cone like u trade a channel? For example buy from a widening bottom to a widening top.
I know pennant is good for a breakout set up.

Thanks.

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Wed Mar 16, 2016 4:48 pm

No big surprises yet.

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Wed Mar 16, 2016 6:04 pm

SURPRISE! :-$ :smt006

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MightyOne
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Re: Re:

Postby MightyOne » Wed Mar 16, 2016 6:09 pm

thepark wrote:
MightyOne wrote:You either see it or you don't.

I don't know what else to tell you.


AUDJPYecnM15.png


What do the W, B and eights mean?
And the red,orange, blue lines on the H8 chart?

Also do you trade a cone like u trade a channel? For example buy from a widening bottom to a widening top.
I know pennant is good for a breakout set up.

Thanks.


B: Body in the direction of profit.
W: Wick in the direction of loss.

"...And the red, orange, blue lines on H8 chart"

A cone is used, by me, as an overbought/oversold indicator.
I trade away from the current breakout &/or midpoint.

An "Eight" is a macro-pip sized to the Eight.
If you would scalp pips at $20/pip on a small chart then you would scalp larger charts (or simply reduce volatility) at $20/Eight($2.50/pip) or $20/Sixty-four($.3125/pip).

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Wed Mar 16, 2016 6:22 pm

What is the difference between micro-pips and macro-pips? You can recover from losing macro-pips.

How difficult would it be to make 24 pips and cancel out this trade if it were a loss?
But how easy is it to cancel out a 192 pip loss?
EDIT: just in case you are confused, the difference between 192 pips and 24 Eights is the IMPACT to your account.

Now when people ask you why you do weird things you can give them an answer :lol:

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