The ideas that I trade by:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Sat Mar 19, 2016 4:05 pm

The only things that are important are:

1) use 15* angles.
2) differentiate between hooks and breakouts.

if you do those two things then you can draw them however you wish.


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Re: The ideas that I trade by:

Postby MightyOne » Sat Mar 19, 2016 4:12 pm

1-2-3s
Head & Shoulders
Channels
Forks...
it is all the same thing;
experience is one gives you experience in the other.

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Re: The ideas that I trade by:

Postby MightyOne » Sat Mar 19, 2016 5:18 pm

In school they teach you to see things a certain way, they lock your mind into a herd mentality.

Art is the expression of self, your own creativity, & it is education that you will not find in any textbook.



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v8power
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Re: The ideas that I trade by:

Postby v8power » Sat Mar 19, 2016 5:35 pm

MO. Angles are more of a confirmation idea/tool correct. You already have a trade idea in your head and then use angles to confirm. They really arent used to find trades or help with entries or do they?

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Re: The ideas that I trade by:

Postby MightyOne » Sat Mar 19, 2016 7:53 pm

v8power wrote:MO. Angles are more of a confirmation idea/tool correct. You already have a trade idea in your head and then use angles to confirm. They really arent used to find trades or help with entries or do they?


Ideas & action, not rules and confirmation.

I draw a picture & I trade a picture, but that doesn't mean that the action is a line of the picture; I define the trigger.

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Re: The ideas that I trade by:

Postby MightyOne » Sun Mar 20, 2016 3:41 pm

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Re: The ideas that I trade by:

Postby Braathen » Sun Mar 20, 2016 4:10 pm

2) differentiate between hooks and breakouts.

Key word here would be speed?
"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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Re: The ideas that I trade by:

Postby MightyOne » Sun Mar 20, 2016 5:11 pm

Braathen wrote:2) differentiate between hooks and breakouts.

Key word here would be speed?


The same thing that we have been cutting through to draw cones, yes.

I use "{" as my breakout symbol.

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Re: The ideas that I trade by:

Postby MightyOne » Sun Mar 20, 2016 5:30 pm

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Re: The ideas that I trade by:

Postby Braathen » Sun Mar 20, 2016 6:52 pm

Had a go with the EU 1h chart trying to capture what your showing.

Added some cones/pennants to see if i understood "2) differentiate between hooks and breakouts." correctly.

Image
"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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