The ideas that I trade by:

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MightyOne
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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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MightyOne
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Re: The ideas that I trade by:

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

XAUUSDecnH1.png
XAUUSDecnH1.png (55.89 KiB) Viewed 393 times

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Braathen
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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.

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"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 » Sun Mar 20, 2016 8:15 pm

Braathen wrote: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


You are drawing better pennants already :smt023

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Braathen
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Re: The ideas that I trade by:

Postby Braathen » Sun Mar 20, 2016 8:41 pm

Thanks to your awsome pictures of late it has set the wheels turning on how i can improve myself.
Your art quote was pretty damn sexy to :D

I really think that last picture of yours showed "Price travels hundreds of pips from one extreme to the other" really well.
"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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Postby MightyOne » Mon Mar 21, 2016 6:46 am

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v8power
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Re: The ideas that I trade by:

Postby v8power » Mon Mar 21, 2016 1:34 pm

Just keeping it simple and canceling out profit. +100 pips down, then nabbed another +75 up. Same days they just give u pips.

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E/J +2 day extreme just netted me another 75. Now just waiting for G/U to finish doing its thing.

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Mon Mar 21, 2016 2:41 pm

v8power wrote:Just keeping it simple and canceling out profit. +100 pips down, then nabbed another +75 up. Same days they just give u pips.

Image


E/J +2 day extreme just netted me another 75. Now just waiting for G/U to finish doing its thing.


Very Nice v8power, I like that you don't have 100 indicators on your chart.

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Mon Mar 21, 2016 3:01 pm

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v8power
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Re: The ideas that I trade by:

Postby v8power » Mon Mar 21, 2016 3:12 pm

MightyOne wrote:
v8power wrote:Just keeping it simple and canceling out profit. +100 pips down, then nabbed another +75 up. Same days they just give u pips.

Image


E/J +2 day extreme just netted me another 75. Now just waiting for G/U to finish doing its thing.


Very Nice v8power, I like that you don't have 100 indicators on your chart.


I actually couldn't tell you what 99% of indy's do. When I firsted started my forex journey I learned about Donchain breakouts and "the turtles". So I devoted my time to that (first intro to trading horizontal lines and I didn't even know). The only 2 indicators I use are custom candles and crash zones.

My trading is very basic. I look for no brainer trades (double failures, MZ, zlines) for my profit of cushin. Then use that to put on my bigger size trades from extremes, crash zones, or DWM mzones. I no longer fear news releases and actually look forward to them to help move my longer trades into more profit.

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