MO, one question more.
If my entry level is not in a SSG line of the EIGHT indi. I have to use the line closer?. Or simply see distance between lines in that moment and calculate where I get the number of lines that I want to get?
How to be a MOnster
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- elkin.fernandez
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Re: How to be a MOnster
My long term bag: Bitcoin, ZCash and Chainlink
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- Mira
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Re: How to be a MOnster
[quote="elkin.fernandez"] MO, Mira
[img]http://i64.tinypic.com/axhd09.jpg[/img] [/quote]
From what I’m noticing it depends.
If you are watching a H4 price level then you could look for a RAT or a MOMO on the adjusted M30 level.
BTW if you are trading away from that M30 level you could simply wait for a close.
[img]http://i64.tinypic.com/axhd09.jpg[/img] [/quote]
From what I’m noticing it depends.
If you are watching a H4 price level then you could look for a RAT or a MOMO on the adjusted M30 level.
BTW if you are trading away from that M30 level you could simply wait for a close.
- Mira
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Re: How to be a MOnster
Now we are going somewhere.
In this link they explain the Wyckoff method, that is very similar to MO’s methods.
Funny that the pattern showed here is the same that everyday I’m looking for!
http://stockcharts.com/school/doku.php? ... rket_analy
The real difference is that I usually buy the spring, not when price closes above a H (throwback), creating a HH.
I’m talking about basics here but basics is what I still have to learn
In this article they say that buying the spring is not a mistake but it could be dangerous, and I think that, maybe, it could be ‘accepted’ just in a fractal view (I.e. price bouncing on a bigger TF level/major S/R).
(From the website)
In this link they explain the Wyckoff method, that is very similar to MO’s methods.
Funny that the pattern showed here is the same that everyday I’m looking for!
http://stockcharts.com/school/doku.php? ... rket_analy
The real difference is that I usually buy the spring, not when price closes above a H (throwback), creating a HH.
I’m talking about basics here but basics is what I still have to learn
In this article they say that buying the spring is not a mistake but it could be dangerous, and I think that, maybe, it could be ‘accepted’ just in a fractal view (I.e. price bouncing on a bigger TF level/major S/R).
(From the website)
__________ THE IS A LIE__________
- Mira
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Re: How to be a MOnster
This is a trade from 10/11 (two days ago).
You can find this chart in the previous page.. I won that short ok.. but look at this:
The result
You can find this chart in the previous page.. I won that short ok.. but look at this:
The result
__________ THE IS A LIE__________
- Mira
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Re: How to be a MOnster
Not that I’m going to be Crypto Trader.. but today everybody is talking about BTC! “I wish I was in”
Price closes below (bearish momentum)
Price makes a lower high
Price closes above that high (bullish momentum)
Price retraces but can’t close below -> Higher Low.
Price closes below (bearish momentum)
Price makes a lower high
Price closes above that high (bullish momentum)
Price retraces but can’t close below -> Higher Low.
__________ THE IS A LIE__________
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- Mira
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Re: How to be a MOnster
I’m not going to take so many trades this week because I’m visiting Budapest.
Today is the first day.. I’m going to post interesting stuff as I see it
About trading I have to read a few interesting PDF and to relax my mind, preparing me for profits
Today is the first day.. I’m going to post interesting stuff as I see it
About trading I have to read a few interesting PDF and to relax my mind, preparing me for profits
__________ THE IS A LIE__________
- Jalarupa
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Re: How to be a MOnster
Mira wrote:Not that I’m going to be Crypto Trader.. but today everybody is talking about BTC! “I wish I was in”
Price closes below (bearish momentum)
Price makes a lower high
Price closes above that high (bullish momentum)
Price retraces but can’t close below -> Higher Low.
73B2830F-26F5-48A4-8BEF-8126F385B71B.png
I've been trading bitcoin for a while now and it's pretty easy... The market is very volatile with massive swings and a super consistent bid at lower demand levels...
I think it's easier due to lack of institutional players and retail crowding... I initially stated trading it to short it, but it actually been a fantastic asset class to trade long... Shorts will come eventually though...
- elkin.fernandez
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Re: How to be a MOnster
Keep mastering!.
MO says: "Only RISK lines and MAKE lines".
MO says: "Only RISK lines and MAKE lines".
My long term bag: Bitcoin, ZCash and Chainlink
- elkin.fernandez
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Re: How to be a MOnster
Mira wrote:I’m not going to take so many trades this week because I’m visiting Budapest.
Today is the first day.. I’m going to post interesting stuff as I see it
About trading I have to read a few interesting PDF and to relax my mind, preparing me for profits
We hope SEE interesting things this week.
God bless you with MANY profits!!.
My long term bag: Bitcoin, ZCash and Chainlink
- elkin.fernandez
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Re: How to be a MOnster
My long term bag: Bitcoin, ZCash and Chainlink
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Thank you for your support.
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