The ideas that I trade by:

[MightyOne]

I red your post about size, areas etc. many times. It is difficult to tell my minds about this in english.
What is mean your diagonal lines on chart? This is breakouts from pattern 1-2-3?

Every chart is comprised of two things:
1) patterns (that which is not a breakout)
2) breakouts (that which is not a pattern)

We know it is a 'pattern' when price moves to and/or away from it.
We know that it is a 'breakout' when it is something else.

[Brzoza]

[
when it is something else.

do you momo candle which closed above/below 'any line'?

[MightyOne]

do you momo candle which closed above/below 'any line'?

PLEASE REFER TO THIS POST

[Brzoza]

do you momo candle which closed above/below 'any line'?

PLEASE REFER TO THIS POST

body in the direction of profit and wick in the direction of loss?

[MightyOne]

body in the direction of profit and wick in the direction of loss?

Think of it as a Chinese character: it is not a price pattern, it is a concept.

for_Brzoza.png (3.86 KiB) Viewed 2661 times

[Brzoza]

I think i know that. There is a breakout. I should see the genesis of breakout -> for example before the breakout there is a 1-2-3 or head&shoulders. then i should see the BDP and WDL

[Mira]

body in the direction of profit and wick in the direction of loss?

Think of it as a Chinese character: it is not a price pattern, it is a concept.

for_Brzoza.png

So are we trading (?away from?) midpoints, not extremes?

[tom7ak]

Hi MO,

Could you look at a chart below and give some comments, please?

The idea is to go with current LTF momentum, taking reversal trades on M5 away from the HTF wick while its been made, entering at `zline`. So i guess we have a pin candle on i dont know 20 - 30 min and i enter on its wick/tail hoping for a momo candle to follow.

Initial SL 20, if wrong exit manualy, TP normally M5 momo or opposite reversal. Normally 5-10 pips, sometimes 20-30.

Does it make sense to you at all?

What often confuses me is how to line up HTFs like H1 and H4 into it. My bias seem to be quite random, depending on the IDEA i see at the time. Sometimes i would enter with sometimes against current HTF momentum, candle colour. The chart below looks i was scalping H4 momos (against the color).


Any advice? Thank you
Tomek

[MightyOne]

So are we trading (?away from?) midpoints, not extremes?

I do exactly what I have already explained to you.

You can do whatever you want.

Do you see how each of these price bars is 1 day?
Well imagine increasing your position size over a period of days, on smaller charts,
and then 'shipping' that line value on the daily chart using a fraction of your lines.

The number of things that you can do is too numerous to list.

for_Mira.png (18.61 KiB) Viewed 2772 times

[Mira]

So are we trading (?away from?) midpoints, not extremes?

I do exactly what I have already explained to you.

You can do whatever you want.

Do you see how each of these price bars is 1 day?
Well imagine increasing your position size over a period of days, on smaller charts,
and then 'shipping' that line value on the daily chart using a fraction of your lines.

The number of things that you can do is too numerous to list.

for_Mira.png

Thank you MO!