The ideas that I trade by:

[elkin.fernandez]

MO,

Add size 3 times before moving stop. This 3 adds is at "trigger lines" 1, 2, 3 (macropips) after our entry price or wherever price while this is going to our favor?

[Mira]

There is always a simple answer &, if you believe, an answer that is even simpler than the one you found.

a simple answer.pngcloses.png

Thank you MightyOne!

You told "the chicks all died" but I saw how some chick became a swan thank to you, I'll believe forever.

In your first pic (my charts) I see that price is too low for sell and too high for buy, but in the second pic i see that every timeframe is telling us a different story.



Now I drew these lines and I looked for a BO (they helped me to see if price is high or low) but I remember you told me that a TL break isn't a good entry signal.. so I'm just waiting and thinking for now

[elkin.fernandez]

This image helped me understand the role of HAGO lines. .

https://www.kreslik.com/forums/download/file.php?id=17261


Thanks MO/TRO


Note: I cant post image ()

[elkin.fernandez]

Awesome!.

[MightyOne]

MO,

Add size 3 times before moving stop. This 3 adds is at "trigger lines" 1, 2, 3 (macropips) after our entry price or wherever price while this is going to our favor?

The first is triggered & the other two follow with two simple clicks.

Entry 4+ moves your stop 25% closer to the current price.

Trading is patterns and breakouts & it is placing and trailing stops.

I call it "micro scalping" when the lines are close together and "macro scalping" when the lines are far apart.
If you think of a line as a pip then you will see that there are many advantages to trading larger charts:
1) smaller stops
2) smaller chance of getting spiked out of a trade.
3) price is more likely to be heading the the direction that price touches a line rather than be playing footsies.
4) the spread is a smaller percentage of a line
5) and on and on...

The advantage to trading small charts is that one can quickly accumulate a large position size prior to the breakout of a larger chart.

I cannot tell you what you should do, some answers only come from within.

[MightyOne]

Awesome!.

Did price close above or below something?

Are the closes returning to an area that we can trade away from?

These large chart questions can make smaller charts a walk in the park.

[elkin.fernandez]

The first is triggered & the other two follow with two simple clicks.

¿MO, why just one begin with 3X size instead of clicking two times after triggering?

[MightyOne]

The first is triggered & the other two follow with two simple clicks.

¿MO, why just one begin with 3X size instead of clicking two times after triggering?

You could, but then you run the risk of your clicking finger freezing up

[Mira]

Hi MightyOne!

I drew this pic to sum up what I learned about the two outcomes of a pattern.

IMG_2362.PNG (5.57 KiB) Viewed 3438 times

Everything is about close: is price closing under or over?

I tried to find the truth looking for a confirmation at the pullback on a lower tf, but the pattern has the SAME dual nature ( )
Then I thought to look if price is failing to close over something but "sometimes" wicks are bodies and bodies are wicks.

So you told me to focus on the big picture and it made sense.
High probability entries at high probability prices.
Would you suggest to look for patterns and BOs on bigger charts and to carry informations on lower periods or a better way to find overbought and oversold conditions and then looking for patterns and BO's?


Anyway, THANK YOU for all the knowledge you shared (and for all the efforts to make me understand something )

[Mr. Hyde]

I ate too much sugar-free chocolate last night.

The warning label said that It may work as a laxative and I thought to myself "who doesn't need a good poo every now and again...give me the chocolate!" Bad idea.

I have been dry heaving all morning like I had a heavy night of drinking...what do they put in this stuff!?

Does it have lots of sugar alcohol's?