The ideas that I trade by:

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
newark18
rank: 500+ posts
rank: 500+ posts
Posts: 515
Joined: Thu Mar 11, 2010 3:32 am
Reputation: 2
Real name: James
Gender: Male

Re: double shakeout after shakeout

Postby newark18 » Sun Jul 24, 2016 2:17 am

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.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 6054
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 1738
Gender: Male

Re: double shakeout after shakeout

Postby MightyOne » Sun Jul 24, 2016 6:46 am

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... :lol:

USDCADH1.png
USDCADH1.png (51.52 KiB) Viewed 816 times

v8power
rank: 1000+ posts
rank: 1000+ posts
Posts: 1087
Joined: Fri Oct 17, 2008 8:20 pm
Reputation: 231
Gender: None specified

Re: double shakeout after shakeout

Postby v8power » Sun Jul 24, 2016 2:32 pm

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... :lol:

USDCADH1.png


Don't play with my emotions, been waiting for that new thread like.. :mrgreen:

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 6054
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 1738
Gender: Male

Re: double shakeout after shakeout

Postby MightyOne » Sun Jul 24, 2016 2:47 pm

v8power wrote:
Don't play with my emotions, been waiting for that new thread like.. :mrgreen:


If you see a bar chart then it is Ideas_2 :D

EURUSDM5.png
EURUSDM5.png (28.85 KiB) Viewed 737 times

v8power
rank: 1000+ posts
rank: 1000+ posts
Posts: 1087
Joined: Fri Oct 17, 2008 8:20 pm
Reputation: 231
Gender: None specified

Re: double shakeout after shakeout

Postby v8power » Sun Jul 24, 2016 2:52 pm

MightyOne wrote:
v8power wrote:
Don't play with my emotions, been waiting for that new thread like.. :mrgreen:


If you see a bar chart then it is Ideas_2 :D

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?

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 6054
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 1738
Gender: Male

Re: double shakeout after shakeout

Postby MightyOne » Sun Jul 24, 2016 4:21 pm

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 :lol:

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'.

v8power
rank: 1000+ posts
rank: 1000+ posts
Posts: 1087
Joined: Fri Oct 17, 2008 8:20 pm
Reputation: 231
Gender: None specified

Re: double shakeout after shakeout

Postby v8power » Sun Jul 24, 2016 4:25 pm

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 :lol:

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

v8power
rank: 1000+ posts
rank: 1000+ posts
Posts: 1087
Joined: Fri Oct 17, 2008 8:20 pm
Reputation: 231
Gender: None specified

Re: The ideas that I trade by:

Postby v8power » Sun Jul 24, 2016 4:49 pm

Jalarupa wrote:
v8power wrote:
Jalarupa wrote:
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


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
usdzar-d1-noble-services-ltd.png (48.43 KiB) Viewed 559 times
usdzar-w1-noble-services-ltd.png
usdzar-w1-noble-services-ltd.png (37.4 KiB) Viewed 559 times

User avatar
Jalarupa
rank: 1000+ posts
rank: 1000+ posts
Posts: 1244
Joined: Tue Feb 23, 2010 5:50 pm
Reputation: 253
Location: South Africa
Gender: None specified
Contact:

Re: The ideas that I trade by:

Postby Jalarupa » Sun Jul 24, 2016 5:21 pm

If you want to trade this pair as well as other ZAR pairs then have a look at my broker...

https://secure.tickmill.com/redirect/in ... 050&lang=2
Feed my will to feel this moment urging me to cross the line!
Reaching out to embrace the random!
Reaching out to embrace whatever may come!

Trade management by <<FX SYNERGY>>
<<Tickmill Trading>>

v8power
rank: 1000+ posts
rank: 1000+ posts
Posts: 1087
Joined: Fri Oct 17, 2008 8:20 pm
Reputation: 231
Gender: None specified

Re: The ideas that I trade by:

Postby v8power » Sun Jul 24, 2016 5:28 pm

Jalarupa wrote:If you want to trade this pair as well as other ZAR pairs then have a look at my broker...

https://secure.tickmill.com/redirect/in ... 050&lang=2


I was just trying to make a joke. But leave it to you to offer a helpful suggestion. Gotta love that they offer an account with a min amount of 50,000 and still 500 to 1 leverage. I wish the US had just one good retail broker.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”