The ideas that I trade by:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Fri Sep 16, 2016 6:23 pm

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MightyOne
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Postby MightyOne » Sat Sep 17, 2016 5:55 pm

Do you really need a Daily Open Line indicator or can you just look at the "after move congestion"?

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TheRumpledOne
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Re: The ideas that I trade by:

Postby TheRumpledOne » Sun Sep 18, 2016 12:08 am

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Just a "few" horizontal lines does the trick.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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prochargedmopar
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Re:

Postby prochargedmopar » Mon Sep 19, 2016 1:34 pm

MightyOne wrote:Do you really need a Daily Open Line indicator or can you just look at the "after move congestion"?

GBPUSDH1.png


Your greatest quote:
"there are patterns, and there are breakouts of patterns"

Joe Ross says congestion or consolidation and connectors.

That has simplified what I've been looking for the last few months.
#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

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MightyOne
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THE BASIC IDEA

Postby MightyOne » Mon Sep 19, 2016 5:44 pm

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TheRumpledOne
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Re: The ideas that I trade by:

Postby TheRumpledOne » Mon Sep 19, 2016 6:13 pm

You're teasing (me) again, MO.

Basic idea... 1...2...

Looks like:

Inside bar.

00 below midpoint.

00 above midpoint.

Outside bar.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: The ideas that I trade by:

Postby salezyakuku » Mon Sep 19, 2016 8:56 pm

Updated version: HERE
+ some small improvements
+ if "L" pressed: None - hide all lines, Middle - show only 00 bias, SolidEvery - show bias and solid lines.
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Re: The ideas that I trade by:

Postby Sacrophage » Mon Sep 19, 2016 9:23 pm

TheRumpledOne wrote:You're teasing (me) again, MO.

Basic idea... 1...2...

Looks like:

Inside bar.

00 below midpoint.

00 above midpoint.

Outside bar.


He gave the exact explanation in code a few pages back - I commented that it was a cool way to derive midpoints. Sorry don't remember page number.

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TheRumpledOne
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Re: The ideas that I trade by:

Postby TheRumpledOne » Tue Sep 20, 2016 12:11 am

MightyOne wrote:Guess where price is going if it starts trading below the line? "...." =D>

Step 2: define trigger
Step 3: price touches the trigger
Step 4: go long.

Price cannot touch the low without crossing below a line so feel confident that price is going up if it is above something.

Does the small chart tell the same story? That is for you to decide.

USDJPYMonthly.png


Step 1??
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TheRumpledOne
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Re: The ideas that I trade by:

Postby TheRumpledOne » Tue Sep 20, 2016 12:17 am

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The light bulb is flickering again... :idea:

Top green horizontal line is midpoint of bar range. Yes/no??
Bottom green horizontal line is low of bar

Price has to drop through bottom green line for it to go lower so... above that line means price is going up.
The area between the midpoint and the low is the "space" - Is that right, MO??

Step 2: define trigger IS THAT THE TOP GREEN LINE??
Step 3: price touches the trigger
Step 4: go long.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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