Patterns&Breakouts are in contradiction with the 50% of momentum, isn't momentum a breakout? Why are we trading away from the middle of a breakout?
But if momentum is not a breakout then i definitively don't know what momentum is.
How to be a MOnster
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- Mira
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Re: How to be a MOnster
__________ THE IS A LIE__________
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- Mira
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Re: How to be a MOnster
Well.. that said that i forgot to post the exact "setup" that i was looking for.. lol
(late chart - before the losses)
(late chart - before the losses)
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Re: How to be a MOnster
Mira wrote:Patterns&Breakouts are in contradiction with the 50% of momentum, isn't momentum a breakout? Why are we trading away from the middle of a breakout?
But if momentum is not a breakout then i definitively don't know what momentum is.
why.png
Hi Mira,
Price breaks out/down from the pattern. Are all of them (breakouts) real Mo ie sth to buy/sell?
you got 2 slow it down
and then u pick it up - PF
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and then u pick it up - PF
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Re: How to be a MOnster
Mira wrote:Patterns&Breakouts are in contradiction with the 50% of momentum, isn't momentum a breakout? Why are we trading away from the middle of a breakout?
But if momentum is not a breakout then i definitively don't know what momentum is.
why.png
Was this bounce an opportunity to buy or fake setup before a real move down with true down Mo?
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- EURAUDH4.png (23.84 KiB) Viewed 3382 times
you got 2 slow it down
and then u pick it up - PF
-----------------------------------
and then u pick it up - PF
-----------------------------------
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- Mira
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Re: How to be a MOnster
BTW i hate it, naked charts are better even for a blind eye.
Mira wrote:Well.. that said that i forgot to post the exact "setup" that i was looking for.. lol
(late chart - before the losses)
new1.png
new2.png
new3.png
new4.png
__________ THE IS A LIE__________
- Mira
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Re: How to be a MOnster
tom7ak wrote:Mira wrote:Patterns&Breakouts are in contradiction with the 50% of momentum, isn't momentum a breakout? Why are we trading away from the middle of a breakout?
But if momentum is not a breakout then i definitively don't know what momentum is.
why.png
Was this bounce an opportunity to buy or fake setup before a real move down with true down Mo?
Hi Tom!
Thanks for replying, this is how i see it: no, it wasn't.
to me:
1- broken level
2- I hope that a bounce will push price back to your level (1)
3- no bullish, no momo aka flat
2- price breaks but i don't want to short no more, now i start to look for longs.
I don't know what i do wrong
__________ THE IS A LIE__________
Re: How to be a MOnster
Mira wrote:I don't know how much time i spent on this board.. i started this path with my friends and everybody left. Well, they left a while ago
I stressed out every guy on the forum, you gave me everything and i still can't figure it out.
When i dream is about charts.. just to let you know how it goes
So what's the problem? Many times i think that it may could be my poor English that creates a sort of 'barrier', other times i think that i'm just too stupid to understand
Patience. This may take a while. And while you learn, trade small with some money on the line, but trade. And evaluate your trades.
There's no business like [strike]show[/strike] covid19 business.
Re: How to be a MOnster
Mira wrote:tom7ak wrote:Mira wrote:Patterns&Breakouts are in contradiction with the 50% of momentum, isn't momentum a breakout? Why are we trading away from the middle of a breakout?
But if momentum is not a breakout then i definitively don't know what momentum is.
why.png
Was this bounce an opportunity to buy or fake setup before a real move down with true down Mo?
Hi Tom!
Thanks for replying, this is how i see it: no, it wasn't.
to me:
1- broken level
2- I hope that a bounce will push price back to your level (1)
3- no bullish, no momo aka flat
2- price breaks but i don't want to short no more, now i start to look for longs.
I don't know what i do wrong
TOM_.JPG
Don't hope. Anticipate potential scenarios and act accordingly. Price can only go up, or down.
There's no business like [strike]show[/strike] covid19 business.
Re: How to be a MOnster
Keep it simple. Draw a line and trade away from it.
There's no business like [strike]show[/strike] covid19 business.
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