The ideas that I trade by:

[PebbleTrader]

"Very simple, but not EASY For most"

"Then hold onto your nuts long enough to get at least 1/2 way to the other "edge" of the chart. "

Yeah, humans are not good at long term planning They must have immediate results and be day trading / scalping.

[PebbleTrader]

This is what I am leaning towards this year for my chart setup.

It's a step chart that is based on the close beyond an extreme idea I talked about awhile back.

[trueblueTEX]

It's uncanny how I sell and price goes up and how I buy and price goes down.

[dojirock]

Hey trueblue,

I have scripts that do the opposite....

[Captain Pugwash]

It's uncanny how I sell and price goes up and how I buy and price goes down.

A few links down you will see some Sam Seiden Videos - enjoy

Thanks Tyger

[trueblueTEX]

I've been looking at the AUD/USD this week and I posted a pic a few days ago. Well, last night I was looking at it and decided that price had gone up and pulled back and was still going up so I would buy into that off of the fibo that I had drawn a couple of days ago.

The middle gold line below is the weekly low and it WAS at the bottom of the trough on the 28th. I bought 8 lots as I was on the 8 lot line. Green line appeared and I thought hey, look at that resistance line. And price shot down.

Thanks for link Cap'n.

[PebbleTrader]

"It's uncanny how I sell and price goes up and how I buy and price goes down."

Think about it in terms of who is getting screwed...longs or shorts?

Once their money is taken from them via stops than you are left with your entry.

[TygerKrane]

This is what I am leaning towards this year for my chart setup.

It's a step chart that is based on the close beyond an extreme idea I talked about awhile back.

Seriously?
Just one time frame?!?


EDIT:
I'm not trying to say trading one timeframe is impossible. I'm just saying that I thought you (PebbleTrader) were more of a longer term trader, so I figured you preferred more information to make your longer term trading blueprints.

[TygerKrane]

I've been looking at the AUD/USD this week and I posted a pic a few days ago. Well, last night I was looking at it and decided that price had gone up and pulled back and was still going up so I would buy into that off of the fibo that I had drawn a couple of days ago.

The middle gold line below is the weekly low and it WAS at the bottom of the trough on the 28th. I bought 8 lots as I was on the 8 lot line. Green line appeared and I thought hey, look at that resistance line. And price shot down.

Thanks for link Cap'n.

Ummm, isn't your fib tool upside down in the pic??
If your intentions are Long, shouldn't "00" be on the bottom?

[trueblueTEX]

I've been looking at the AUD/USD this week and I posted a pic a few days ago. Well, last night I was looking at it and decided that price had gone up and pulled back and was still going up so I would buy into that off of the fibo that I had drawn a couple of days ago.

The middle gold line below is the weekly low and it WAS at the bottom of the trough on the 28th. I bought 8 lots as I was on the 8 lot line. Green line appeared and I thought hey, look at that resistance line. And price shot down.

Thanks for link Cap'n.

Ummm, isn't your fib tool upside down in the pic??
If your intentions are Long, shouldn't "00" be on the bottom?

It's symmetrical ala MO. The bottom "00" is hidden under the "incorrect" Insanity Logo.

Now that I have the fibo like MO's I am trying to figure out how to use it like MO. I am sure I am no where near there, yet.