The ideas that I trade by:

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Sacrophage
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Re: The ideas that I trade by:

Postby Sacrophage » Thu Jun 02, 2016 5:53 pm

MightyOne wrote:Which chart better describes the price action? Bar chart or High/Low+Close PNF?

freestockcharts_com_FB_PNF.png


Whichever one has better expected return based on objective entry/exit criteria :wink:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Jun 02, 2016 6:04 pm

aliassmith wrote:
... PnF doesnt show the full range of price so that is a little challenge.


It is the same as shaving off the pipettes from the price of the extreme; if you are trading for pips then you don't concern yourself with pipettes and if you are trading for macros then you aren't concerned about the pips.

If you enter at a line or a line +/- a half line then your entry will be 'accurate' enough, in my opinion.

I trade from lines and for lines so that is all that I need to see on the chart.

I am not saying that I have the whole PNF thing down, I am still exploring the idea :lol:

You could turn your attn. to Kagi charts but I would dread drawing those by hand.

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Re: The ideas that I trade by:

Postby aliassmith » Thu Jun 02, 2016 6:45 pm

MightyOne wrote:
aliassmith wrote:
... PnF doesnt show the full range of price so that is a little challenge.


It is the same as shaving off the pipettes from the price of the extreme; if you are trading for pips then you don't concern yourself with pipettes and if you are trading for macros then you aren't concerned about the pips.

If you enter at a line or a line +/- a half line then your entry will be 'accurate' enough, in my opinion.

I trade from lines and for lines so that is all that I need to see on the chart.

I am not saying that I have the whole PNF thing down, I am still exploring the idea :lol:

You could turn your attn. to Kagi charts but I would dread drawing those by hand.


I'll just turn to candles altho I can see an advantage with big enough targets
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Sacrophage
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Re: The ideas that I trade by:

Postby Sacrophage » Thu Jun 02, 2016 7:03 pm

aliassmith wrote:I'll just turn to candles altho I can see an advantage with big enough targets


Take it even further and just trade the MA.

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Re: The ideas that I trade by:

Postby MightyOne » Thu Jun 02, 2016 7:20 pm

Sacrophage wrote:
aliassmith wrote:I'll just turn to candles altho I can see an advantage with big enough targets


Take it even further and just trade the MA.


I used to use a 2 SMA on a highly compessed bar chart.

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Re: The ideas that I trade by:

Postby Sacrophage » Thu Jun 02, 2016 9:52 pm

MightyOne wrote: I used to use a 2 SMA on a highly compessed bar chart.


The question boils down to - how late can I get to the party but still get laid? Late at least confirms that the party is for real. And, getting laid doesn't rely very heavily on the time you arrive. Lots more important variables in that equation. Which chick(s) to go after, when to approach them (somewhat buzzed but not too drunk - you may be in for a wild ride, but the risk of being puked on also goes exponential), and how much time to devote to each one, among countless other criteria. Bottom line - you need to go to lots of parties and talk to lots of chicks at those parties. Sooner or later you will start getting laid, and your parties:laid ratio should improve.

Well that should cover indicator section, pair/trade ID, leverage, SL, TP, and becoming a profitable trader. I would have discussed Space, but that would be way too dirty for this board :lol:

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Re: The ideas that I trade by:

Postby MightyOne » Fri Jun 03, 2016 12:36 pm

USDZAR :lol:

Each standard pip is $0.64, the lines are spaced to $10 so that you can see what the move means to you:

USDZARM15.png
USDZARM15.png (37.87 KiB) Viewed 392 times


#-o

USDZARM15_2.png
USDZARM15_2.png (42.08 KiB) Viewed 392 times

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Fri Jun 03, 2016 12:48 pm

USDZARH4_PNF.png
USDZARH4_PNF.png (55.86 KiB) Viewed 388 times

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Fri Jun 03, 2016 1:04 pm

USDZARM1.png
USDZARM1.png (41.87 KiB) Viewed 378 times

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Re: The ideas that I trade by:

Postby prochargedmopar » Fri Jun 03, 2016 3:51 pm

Sacrophage wrote:
MightyOne wrote: I used to use a 2 SMA on a highly compessed bar chart.


The question boils down to - how late can I get to the party but still get laid? Late at least confirms that the party is for real. And, getting laid doesn't rely very heavily on the time you arrive. Lots more important variables in that equation. Which chick(s) to go after, when to approach them (somewhat buzzed but not too drunk - you may be in for a wild ride, but the risk of being puked on also goes exponential), and how much time to devote to each one, among countless other criteria. Bottom line - you need to go to lots of parties and talk to lots of chicks at those parties. Sooner or later you will start getting laid, and your parties:laid ratio should improve.

Well that should cover indicator section, pair/trade ID, leverage, SL, TP, and becoming a profitable trader. I would have discussed Space, but that would be way too dirty for this board :lol:


Do tell, LOL

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