The ideas that I trade by:

[Mira]

Yea to bad we are about 8 years to late.
And look at the cool MM

Mr. Hyde I know what you mean.. but I think that things didn't change from the past.
I still haven't a real view of 15* angles but I'm sure that the day I'll see them I'll see them on every chart.
In NLA you see the same zlines entries that we are still trading.. different styles, same thing.
In NLA and Blind Mouse MO was already teaching how to add and trail stops but in a different way, now there is an indi for that

What I'm saying is that, IMO, stuff is the same but now is in a better shape.
Your charts are amazing to my eyes, trust them!

[MightyOne]

USDCAD_H4.png (199.89 KiB) Viewed 2678 times

[Mira]

USDCAD_H4.png

I'm reading more about P&F, but it seems that you are doing it differently.. not even talking about Big Road

X = a new high made
O = a new low made (if we have no new highs)
You are using a 2-box reversal in a form of a 1-box reversal (after n X we draw one O when we have two O)

Am I following right?

And

"For most chartists, an 'x' is a single price but for me it is the area that is between two prices;"

What do you mean MO?

Thank you much!

[MightyOne]

Code: Select all

I'm reading more about P&F, but it seems that you are doing it differently.. not even talking about Big Road  :lol:

X = a new high made
O = a new low made (if we have no new highs)
You are using a 2-box reversal in a form of a 1-box reversal (after n X we draw one O when we have two O)

Am I following right?

And

"For most chartists, an 'x' is a single price but for me it is the area that is between two prices;"

What do you mean MO?

Thank you much!

I marked that chart using only closing prices.

It can be done one of two ways:
a) mark an x when price closes above a line (each 'x' is one price)
b) mark an x when price closes between two lines (each 'x' is two prices)

I prefer the area method.

If you use the area method with HI/LO then price must fall back 2 lines because each x is two prices and
falling to the lower of the two prices doesn't get you out of the area.

for_Mira.png (1.27 KiB) Viewed 2666 times

[MightyOne]

for_Mira.png (13.75 KiB) Viewed 2680 times

xyz.gif (42.4 KiB) Viewed 2667 times

[Mira]

for_Mira.png

Uh ok, got it! Is this price closing over a line (first way)?

Thank you MO

[MightyOne]

for_Mira.png

Uh ok, got it! Is this price closing over a line (first way)?

Thank you MO

Price closing between lines (b)

[MightyOne]

CloseOnly_Area_PNF.png (17.19 KiB) Viewed 2954 times

[Mira]

CloseOnly_Area_PNF.png

Cool! The BO is more visible with the Big Road than with the other charts.

But are you considering a specific formation to see patterns breakouts?
(I don't know if I have formulated a comprensible question, sorry)

Thank you MO!

[MightyOne]

CloseOnly_Area_PNF.png

Cool! The BO is more visible with the Big Road than with the other charts.

But are you considering a specific formation to see patterns breakouts?
(I don't know if I have formulated a comprehensible question, sorry)

Thank you MO!

I am just looking at column lengths and breakouts.

There are a few nuances but you'll easily pick them up along the way.

for_Mira.png (4.13 KiB) Viewed 2906 times

EDIT: I don't want to see price close below the yellow line.