The ideas that I trade by:

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v8power
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Re: The ideas that I trade by:

Postby v8power » Tue Jul 19, 2016 8:20 pm

Jalarupa wrote:
MightyOne wrote:Cones are real :lol:

USDZARM15.png


That's what I was saying!!! :lol:

Totally in this trade... SARB due to not raise rates this week should propel this puppy north further...


Ok so Im prettys sure neither of u 2 would enter a trade based soley on a 15m chart. Care to offer what else you saw that would offer u a trade idea. Cones still haven't really clicked for me yet (in actually trades). Thanks

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Re: The ideas that I trade by:

Postby v8power » Tue Jul 19, 2016 8:58 pm

First angle I drew was solid yellow, then found its opposite angle, solid red. Then drew pitchforks. Im lookin for GU to drop to about 1.2850-2950 this week. 2nd chart is the same just zoomed out so we can see future price action
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gbpusd-h4-noble-services-ltd.png
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gbpusd-h4-noble-services-ltd-2.png
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v8power
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Re: The ideas that I trade by:

Postby v8power » Tue Jul 19, 2016 9:13 pm

But I will always have my horizontal lines. Magenta was 4hr zline at extreme, followed by double failure then start of trend momo. Blue lines are tp. Red arrow are add ons. Already 300 pips in profit off of first entry over 500 with add ons. Still expecting price to drop another 200-300 pips. Might add one mayber 2 more times, only if a chance presents itself.
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gbpusd-h4-noble-services-ltd-3.png
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salezyakuku
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Re: The ideas that I trade by:

Postby salezyakuku » Tue Jul 19, 2016 9:38 pm

v8power wrote:But I will always have my horizontal lines. Magenta was 4hr zline at extreme, followed by double failure then start of trend momo. Blue lines are tp. Red arrow are add ons. Already 300 pips in profit off of first entry over 500 with add ons. Still expecting price to drop another 200-300 pips. Might add one mayber 2 more times, only if a chance presents itself.

http://thepatternsite.com/hst.html simillar "Overall performance rank (1 is best): 1 out of 21)". More good patterns at http://thepatternsite.com/chartpatterns.html
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

v8power
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Re: The ideas that I trade by:

Postby v8power » Tue Jul 19, 2016 9:56 pm

salezyakuku wrote:
v8power wrote:But I will always have my horizontal lines. Magenta was 4hr zline at extreme, followed by double failure then start of trend momo. Blue lines are tp. Red arrow are add ons. Already 300 pips in profit off of first entry over 500 with add ons. Still expecting price to drop another 200-300 pips. Might add one mayber 2 more times, only if a chance presents itself.

http://thepatternsite.com/hst.html simillar "Overall performance rank (1 is best): 1 out of 21)". More good patterns at http://thepatternsite.com/chartpatterns.html


Thanks for the link. Yea it is a H and S at heart. But way back in the beginning of NLA and MO he had posted a chart about double hooks and what happens after. That add with zlines and momo have developed into my own personal H&S/MO double hook pattern. I love when they form. Easy money.

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Re: The ideas that I trade by:

Postby v8power » Tue Jul 19, 2016 10:06 pm

Last one, but this one really stood out to me. Price movin upward within blue pitchfork. When it finally looks like it has ran out of steam the down green pitchfork steps in to take over. Now looking for price to move to solid green line and see if it does so and hits a horizontal red line for confluence.

euraud-w1-noble-services-ltd-2.png
euraud-w1-noble-services-ltd-2.png (48.62 KiB) Viewed 3611 times
euraud-w1-noble-services-ltd-3.png
euraud-w1-noble-services-ltd-3.png (49.6 KiB) Viewed 3611 times


Adjusted green pitchfork

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Jalarupa
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Re: The ideas that I trade by:

Postby Jalarupa » Wed Jul 20, 2016 4:34 pm

v8power wrote:
Jalarupa wrote:
MightyOne wrote:Cones are real :lol:

USDZARM15.png


That's what I was saying!!! :lol:

Totally in this trade... SARB due to not raise rates this week should propel this puppy north further...


Ok so Im prettys sure neither of u 2 would enter a trade based soley on a 15m chart. Care to offer what else you saw that would offer u a trade idea. Cones still haven't really clicked for me yet (in actually trades). Thanks


Look at W1 D1 H4 support... ;p
:smt065

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MightyOne
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PICTURES VS WORDS

Postby MightyOne » Wed Jul 20, 2016 6:49 pm

Pictures say a lot more than words.

USDZARH1.png
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USDZARH1_2.png
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Jalarupa
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Re: The ideas that I trade by:

Postby Jalarupa » Thu Jul 21, 2016 5:20 am

I drew these lines as soon as I saw your initial post of USDZAR...

SARB Rates decision today... (http://www.investing.com/economic-calen ... cision-604)

Chart_USD_ZAR_15 Mins_snapshot.png
Chart_USD_ZAR_15 Mins_snapshot.png (26.29 KiB) Viewed 3519 times
:smt065

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Re: The ideas that I trade by:

Postby MightyOne » Thu Jul 21, 2016 8:11 am

Jalarupa wrote:I drew these lines as soon as I saw your initial post of USDZAR...

SARB Rates decision today... (http://www.investing.com/economic-calen ... cision-604)

Chart_USD_ZAR_15 Mins_snapshot.png


Sometimes it is best to completely ignore a chart for a few days while it self solves its bullsht.

I like your lines though. =D>

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