The ideas that I trade by:

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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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MightyOne
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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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MightyOne
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Re: The ideas that I trade by:

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

EURJPYecnH1.png
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Braathen
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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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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
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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.

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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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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MightyOne
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Postby MightyOne » Mon Mar 21, 2016 6:46 am

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Last edited by MightyOne on Tue Mar 22, 2016 8:03 am, edited 1 time in total.

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