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.
The ideas that I trade by:
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Re: The ideas that I trade by:
1-2-3s
Head & Shoulders
Channels
Forks...
it is all the same thing;
experience is one gives you experience in the other.
Head & Shoulders
Channels
Forks...
it is all the same thing;
experience is one gives you experience in the other.
Re: The ideas that I trade by:
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.
Art is the expression of self, your own creativity, & it is education that you will not find in any textbook.
Re: The ideas that I trade by:
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?
Re: The ideas that I trade by:
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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- Braathen
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Re: The ideas that I trade by:
2) differentiate between hooks and breakouts.
Key word here would be speed?
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-
MO-
Re: The ideas that I trade by:
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.
- Braathen
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Re: The ideas that I trade by:
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.
Added some cones/pennants to see if i understood "2) differentiate between hooks and breakouts." correctly.
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-
MO-
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