How to be a MOnster

[Mira]

Is this a correct interpretation of the idea discussed here?

Yes, it's exactly what I'm seeing. Are you seeing the same?

[DM0337]

Is this a correct interpretation of the idea discussed here?

Yes, it's exactly what I'm seeing. Are you seeing the same?

Yes I SEE the same .Thanks for posting espip chart in doji's thread.It solved the momo puzzle for me.Thanks again

[TheRumpledOne]

NLA p. 288 - MO post

"When price reaches this area you simply trade with candle color on small TF charts where small is a chart <= a time period that is used to calculate risk.

ANY OF TRO's METHODS CAN BE USED IN THE ZL AREA!

...and you guys don't seem to hear me when I say that I AM USING TRO's day trading style with my long term style (ZL's, momentum, ETC).

So how do you enter? "

IMG_2963.GIF

It fits with Doji's Style! VERY NICE!!

I see you are using some OLD SCHOOL indicators. Cool!!

[Mira]

I see you are using some OLD SCHOOL indicators. Cool!!

Hi TRO!

It's a MO quote, but your idea is nice.. i think i'll look for some old school indi in NLA.

[Mira]

I uploaded CCs only for keeping everything on one pic.
(I'm working only on one timeframe as Doji suggested, lower tf are here to show entries)

Using HTF could be cool

Fat Cat + Momentum.png (27.62 KiB) Viewed 2681 times

[Patrysbgc]

Hello, Mira
I am also new to MO's teachings, but I'm very keen to learn this way of trading.
Would you mind me posting some of my entries/ideas in this thread? I would like to get some feedback as well

Greetings,

[Mira]

Hello, Mira
I am also new to MO's teachings, but I'm very keen to learn this way of trading.
Would you mind me posting some of my entries/ideas in this thread? I would like to get some feedback as well

Greetings,

Hi Patrysbgc!

What I suggest you right now is to find your definition of Momentum, because Momentum is the key.
Then I suggest you to read the Doji's thread from here:

beginners-forum/a-fresh-start-doji-s-trading-journal-t3029/page3690

Only 11 pages to SEE the light!
I could post you some chart but first you need to grasp Doji's words, after this step come back here to post what you see.

[Mira]

[!!!] The Blue Line is there to mark up a previous buy zone created by a bullish momentum setup, this pic is just showing the pullback [!!!]

This is why the first entry example wasn't risky, but more risky than the second one btw (after 1440 CC closed ABOVE).

OFA1.png (19.68 KiB) Viewed 2938 times

There was a possibility of short at the "target" line when the red CC closed below the line.. but also there was a bullish setup ("previous extreme") in the middle of the range.

OFA2.png (20.64 KiB) Viewed 2938 times

While these simply are a few nice moves that i found around for the chart, not marked up but you can read the same PA
Can you see the wick in direction on loss (CC) when price is creating a bearish momentum setup BELOW your line?

OFA STORIES.png (13.85 KiB) Viewed 2938 times

OFA STORIES2.png (16.23 KiB) Viewed 2938 times

[Mira]

Take a look at these fractals

IMG_0033.PNG (83.36 KiB) Viewed 2883 times

[MightyOne]

What's going on, Mira? I hope that you are doing well.

I doodled on your last picture and attached it below.

You don't want to exit / rebuy more than once or twice because you'll miss price 'popping' to the next higher level.

What exactly you do depends on your trading plan.

for_Mira.png (65.79 KiB) Viewed 2869 times

I was recently inspired by the way players track player/banker in Baccarat & I thought why not make a 'Big Road' Oscillator using 1-box reversal P&F rules? It is a little more confusing at first but it saves a frack-ton of space once you get used to it.

The color that is moving along the 2nd row tells you what the short-term trend is, the 3rd row is for 'catapults', and the breakouts are similar to that of a point and figure chart.
The chart is usually 6 spaces deep but I made it 7 spaces because of the way in which 1-box reversal charts are constructed.

Anyways, take care.