MO changed % from 2.25 to 1.8. Probably some OPM or narrowing after add.
MO, lower line from BZ +/- 9,3 is 75% from 3 lines?
The ideas that I trade by:
Moderator: moderators
-
- rank: 150+ posts
- Posts: 164
- Joined: Thu Mar 19, 2015 9:45 pm
- Reputation: 77
- Location: PL
- Gender:
Re: The ideas that I trade by:
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- newark18
- rank: 500+ posts
- Posts: 562
- Joined: Thu Mar 11, 2010 3:32 am
- Reputation: 21
- Real name: J
- Gender:
Re: double shakeout after shakeout
MightyOne wrote: Any horizontal line above the head is a valid buy signal as long as it is within your risk-box.
Do you mean any close over a "something" above the head is a valid buy signal?
Failure is an opportunity to learn.
Re: double shakeout after shakeout
newark18 wrote:MightyOne wrote: Any horizontal line above the head is a valid buy signal as long as it is within your risk-box.
Do you mean any close over a "something" above the head is a valid buy signal?
A trigger is 'valid' the moment it is defined; say that the trigger is a close and it is a close.
I currently use a blend of bar-chart, horizontal lines, & point+figure.
If I am looking at an H4+ then I will consider closes because then the close represents a trend, if you will.
On the smaller charts, M1 through H1, you can think of the congestion that forms after a breakout as the 'close'.
If I don't start an Ideas_2 thread soon...
Re: double shakeout after shakeout
MightyOne wrote:newark18 wrote:MightyOne wrote: Any horizontal line above the head is a valid buy signal as long as it is within your risk-box.
Do you mean any close over a "something" above the head is a valid buy signal?
A trigger is 'valid' the moment it is defined; say that the trigger is a close and it is a close.
I currently use a blend of bar-chart, horizontal lines, & point+figure.
If I am looking at an H4+ then I will consider closes because then the close represents a trend, if you will.
On the smaller charts, M1 through H1, you can think of the congestion that forms after a breakout as the 'close'.
If I don't start an Ideas_2 thread soon...
USDCADH1.png
Don't play with my emotions, been waiting for that new thread like..
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
Re: double shakeout after shakeout
v8power wrote:
Don't play with my emotions, been waiting for that new thread like..
If you see a bar chart then it is Ideas_2
Re: double shakeout after shakeout
MightyOne wrote:v8power wrote:
Don't play with my emotions, been waiting for that new thread like..
If you see a bar chart then it is Ideas_2
EURUSDM5.png
Damn I hate bar charts. So Im always afaid to ask questions cuz Im sure they are dumb, but what do the green boxes show? Price before the breakout?
Re: double shakeout after shakeout
v8power wrote:
Damn I hate bar charts. So Im always afaid to ask questions cuz Im sure they are dumb, but what do the green boxes show? Price before the breakout?
Is it because they are black? JK JK
The answer is 3 or so posts up:
MO wrote: On the smaller charts, M1 through H1, you can think of the congestion that forms after a breakout as the 'close'.
Re: double shakeout after shakeout
MightyOne wrote:v8power wrote:
Damn I hate bar charts. So Im always afaid to ask questions cuz Im sure they are dumb, but what do the green boxes show? Price before the breakout?
Is it because they are black? JK JK
The answer is 3 or so posts up:
MO wrote: On the smaller charts, M1 through H1, you can think of the congestion that forms after a breakout as the 'close'.
Hahahhahaha. Ah ok. The congestion
Re: The ideas that I trade by:
Jalarupa wrote:v8power wrote:Jalarupa wrote:
That's what I was saying!!!
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
Hey one of my dozen (demo)brokers does carry this pair. I can see the hourly trade (Friday gave an awesome buy). But long term, based off D! and W I would be looking short. I would have already been building a position since about 16.2500, 15.5000.
- Attachments
-
- usdzar-d1-noble-services-ltd.png (48.43 KiB) Viewed 3041 times
-
- usdzar-w1-noble-services-ltd.png (37.4 KiB) Viewed 3041 times
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.