thepark wrote:can you guys see if im doing this right? im learning to scalp MACROS
what is the general idea behind trading cones. ...
The ideas that I trade by:
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Re: The ideas that I trade by:
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Re: The ideas that I trade by:
Sacrophage wrote:^I am just learning as well, but this is my take. It hasn't broken through resistance and risk looks like the 3 semafor on the downside, so, no, I would not go long there. Long from cone bottom or below if possible, and vice-versa, with a tight stop. Cone is just a resting place until the next breakout, so be ready to cut if you're wrong.
Thanks, Sacrophage. Your comments are valuable. I shorted GJ at the top of the cone.
Re: The ideas that I trade by:
MightyOne wrote:thepark wrote:can you guys see if im doing this right? im learning to scalp MACROS
what is the general idea behind trading cones. ...
kinda_sorta.png
thanks MO, lol im using cones recklessly over here, just shorted GJ and EJ
Re: The ideas that I trade by:
Trade what you see.
EDIT: after a "continue" a long candle will be "overbought"/"oversold".
EDIT: after a "continue" a long candle will be "overbought"/"oversold".
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Re: The ideas that I trade by:
If you want MO to stick around then post some P@F charts. He drools over them
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Re: The ideas that I trade by:
thepark wrote: I shorted GJ at the top of the cone.
I also got lucky with that sudden 1 figure drop in GU. Seems like it was due to a Brexit poll result putting leave campaign ahead!
I took part in a Brexit poll. I told a lady on phone that I will be voting to leave, but I am still undecided.
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Re: The ideas that I trade by:
laksh wrote:thepark wrote: I shorted GJ at the top of the cone.
I also got lucky with that sudden 1 figure drop in GU. Seems like it was due to a Brexit poll result putting leave campaign ahead!
I took part in a Brexit poll. I told a lady on phone that I will be voting to leave, but I am still undecided.
That GJ did move nice. I just picked up 7/8's.
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Trade Your Way as Long as It Makes Money!
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Re: The ideas that I trade by:
Updated - took an SL on GJ -1%, trying again for a long now...
EDIT: that was fast, 1% clawed back with 2X leverage - exited and re-entered risking 1% with SL at 159.75
EDIT: that was fast, 1% clawed back with 2X leverage - exited and re-entered risking 1% with SL at 159.75
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Re: The ideas that I trade by:
aliassmith wrote:laksh wrote:thepark wrote: I shorted GJ at the top of the cone.
I also got lucky with that sudden 1 figure drop in GU. Seems like it was due to a Brexit poll result putting leave campaign ahead!
I took part in a Brexit poll. I told a lady on phone that I will be voting to leave, but I am still undecided.
That GJ did move nice. I just picked up 7/8's.
Without size, nothing is possible.
Nice size you have there...
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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Re: The ideas that I trade by:
Cones and PnF continuation.
GJ following nicly. Im really liking the mix of PnF with 1h+ cones.
Cant seem to get the PnF pic to stand up straight
GJ following nicly. Im really liking the mix of PnF with 1h+ cones.
Cant seem to get the PnF pic to stand up straight
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
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