The ideas that I trade by:

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Braathen
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Re: The ideas that I trade by:

Postby Braathen » Thu Mar 17, 2016 2:21 pm

MightyOne wrote:
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.


Yes i mean the angles :D

Like this where i built the pitchforks at the extreme and then traded them. I like the way you say its like an overbought/sold indicator :mrgreen:
The thick lines are the "cone".

Image

Ill be looking into the eights. Looks interresting.
And thanks for the heads up on gold 8)
"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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v8power
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Re: The ideas that I trade by:

Postby v8power » Thu Mar 17, 2016 2:40 pm

MightyOne wrote:
prochargedmopar wrote:
MightyOne wrote: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:

XAUUSDecnM15.png


So what your saying is the same thing rob booker is saying.

Use small lot size, each trade is a project.
Cant make any money that way.
At least my small lots have stayed small and so has my acct.


I only know the name Rob Booker, but based on what you are saying he sounds like a smart man :wink:

Everyone out of the pages of the Market Wizards to the fund managers to the guys selling expensive courses say the same thing but somehow you know something different; that's ok PRO, if you know different then do it different :lol:


Funny how those that arent profitable always know different

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Re: The ideas that I trade by:

Postby v8power » Thu Mar 17, 2016 3:30 pm

Braathen wrote:
MightyOne wrote:
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.


Yes i mean the angles :D

Like this where i built the pitchforks at the extreme and then traded them. I like the way you say its like an 8overbought/sold indicator :mrgreen:
The thick lines are the "cone".

Image

Ill be looking into the eights. Looks interresting.
And thanks for the heads up on gold 8)


Anyone notice a theme of the profitable traders on this site. They listen to those who know something they dont. They study and learn what they are told. And they learn by doing over and over again until they are profitable. Look at dragon, espip, jala, capt p., tro, braathen, MO (sorry if I didnt mention you, those just popped in my head).

All those traders trade differently. All are profitable. All have put considerable amount of time into learning/mastering what they do. Losing traders share the same qualities. Excuses and a belief they know better then those who win and a unwillingness to change.

jrtrading
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Re: The ideas that I trade by:

Postby jrtrading » Thu Mar 17, 2016 4:01 pm

v8power wrote:
Anyone notice a theme of the profitable traders on this site. They listen to those who know something they dont. They study and learn what they are told. And they learn by doing over and over again until they are profitable. Look at dragon, espip, jala, capt p., tro, braathen, MO (sorry if I didnt mention you, those just popped in my head).

All those traders trade differently. All are profitable. All have put considerable amount of time into learning/mastering what they do. Losing traders share the same qualities. Excuses and a belief they know better then those who win and a unwillingness to change.


That's the truth right there, albeit difficult to admit.

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Mar 17, 2016 4:34 pm

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

Postby v8power » Thu Mar 17, 2016 4:39 pm

MightyOne wrote:
XAUUSDecnM15.png


Shocker. Price made it to the crash zone!!!! It never does that, haha. 2 days left in the week. Will price contine up to the next zone (making a weekly momo) or will it move down to the bottom crash zone and eliminate profit. MO has made trading to easy.

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Re: The ideas that I trade by:

Postby MightyOne » Thu Mar 17, 2016 5:08 pm

There is something about triangles that makes you fall in love with them :D

XAUUSDecnM1.png
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v8power
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Re: The ideas that I trade by:

Postby v8power » Thu Mar 17, 2016 5:11 pm

Here is the real secret to get rich with forex. Steal all MO's idea's and write a book. Just imangine a forex book that contained info about crash zones, combining candles, double failures, momentum and 15 degree angles. Best seller hands down, haha.

But in all honesty the info MO shares is amazing and priceless. I love when he shares new info (hint, hint) it always improves my trading.

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newark18
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Re: The ideas that I trade by:

Postby newark18 » Thu Mar 17, 2016 5:23 pm

Hello everyone, I see lots of familiar faces around here. I guess once a Kreslik, always a Kreslik.

MO, you must be a saint. Thanks for your dedication to teaching us fools.
Failure is an opportunity to learn.

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Re: The ideas that I trade by:

Postby Jalarupa » Thu Mar 17, 2016 6:00 pm

MightyOne wrote:There is something about triangles that makes you fall in love with them :D

XAUUSDecnM1.png


You had me at hello! :oops:

"Make cones not war!" :mrgreen:
Feed my will to feel this moment urging me to cross the line.
Reaching out to embrace the random.
Reaching out to embrace whatever may come.

Trade management by <<FX SYNERGY>>
<<Bitcoin Trading>>

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