How to be a MOnster

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
IgazI
rank: 50+ posts
rank: 50+ posts
Posts: 134
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 159
Gender: None specified

Re: How to be a MOnster

Postby IgazI » Sat Mar 31, 2018 4:01 pm

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


The idea is simple, the applications can either be simple or nuanced.

Here we interpret the congestion with higher closes as a slowing:
In the ideas thread, the idea is that of a 3-bar pattern where the bodies either expand or contract
thisNthat.png
thisNthat.png (79.15 KiB) Viewed 628 times


Here is a simple 2 SMA line chart with the 'jaggedness' of the 1 SMA ironed out:
you can find the same solutions (long/short at a line after an open) with less of a headache.

You only require detail when your lines are a fraction of the M30 ATR.
something.png
something.png (37.94 KiB) Viewed 628 times

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
Mira
rank: 1000+ posts
rank: 1000+ posts
Posts: 1258
Joined: Thu Nov 10, 2016 8:37 pm
Reputation: 1399
Gender: Male

Re: How to be a MOnster

Postby Mira » Sat Mar 31, 2018 10:56 pm

CC is a beast :shock:

UJ.png
UJ.png (52.61 KiB) Viewed 611 times
__________ THE :smt096 IS A LIE__________

User avatar
Mira
rank: 1000+ posts
rank: 1000+ posts
Posts: 1258
Joined: Thu Nov 10, 2016 8:37 pm
Reputation: 1399
Gender: Male

Re: How to be a MOnster

Postby Mira » Sat Mar 31, 2018 11:18 pm

IgazI 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


The idea is simple, the applications can either be simple or nuanced.

Here we interpret the congestion with higher closes as a slowing:
In the ideas thread, the idea is that of a 3-bar pattern where the bodies either expand or contract
thisNthat.png

Here is a simple 2 SMA line chart with the 'jaggedness' of the 1 SMA ironed out:
you can find the same solutions (long/short at a line after an open) with less of a headache.

You only require detail when your lines are a fraction of the M30 ATR.
something.png


I see something..

something.JPG
something.JPG (75.05 KiB) Viewed 605 times
__________ THE :smt096 IS A LIE__________

User avatar
IgazI
rank: 50+ posts
rank: 50+ posts
Posts: 134
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 159
Gender: None specified

Re: How to be a MOnster

Postby IgazI » Sun Apr 01, 2018 4:53 am

Mira wrote:
I see something..

something.JPG


Are you trying to be funny? :)

User avatar
Mira
rank: 1000+ posts
rank: 1000+ posts
Posts: 1258
Joined: Thu Nov 10, 2016 8:37 pm
Reputation: 1399
Gender: Male

Re: How to be a MOnster

Postby Mira » Sun Apr 01, 2018 11:27 am

IgazI wrote:
Mira wrote:
I see something..

something.JPG


Are you trying to be funny? :)


Ahahah thanks for your help IgazI!
I’m just trying to learn from you guys!
__________ THE :smt096 IS A LIE__________

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
IgazI
rank: 50+ posts
rank: 50+ posts
Posts: 134
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 159
Gender: None specified

Re: How to be a MOnster

Postby IgazI » Sun Apr 01, 2018 5:16 pm

Mira wrote:
Ahahah thanks for your help IgazI!
I’m just trying to learn from you guys!


I'll try again...
On which chart could you have made more money?
Which chart gave you the best entries at cups or pointy places?
On which chart would you have stayed in the move the longest?

nuances.png
nuances.png (45.62 KiB) Viewed 531 times


Make your smallest chart simple and use whatever you want for your larger charts as you are more likely to confuse yourself when staring at small charts.

lineyourway.png
lineyourway.png (42.04 KiB) Viewed 531 times

User avatar
IgazI
rank: 50+ posts
rank: 50+ posts
Posts: 134
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 159
Gender: None specified

Line Break Charts

Postby IgazI » Sun Apr 01, 2018 6:19 pm

You can come to the same conclusions using simple charts.

LineBreak.png
LineBreak.png (61.1 KiB) Viewed 525 times

User avatar
IgazI
rank: 50+ posts
rank: 50+ posts
Posts: 134
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 159
Gender: None specified

Postby IgazI » Sun Apr 01, 2018 10:55 pm

be_a_dc_kinda_happy.png
be_a_dc_kinda_happy.png (104.5 KiB) Viewed 488 times

User avatar
IgazI
rank: 50+ posts
rank: 50+ posts
Posts: 134
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 159
Gender: None specified

Postby IgazI » Mon Apr 02, 2018 1:32 am

As much as it would have made sense to close the trade after a tall candle (close above 50)
the current exit strategy is to wait for price to attempt +1 before taking profit above +0.50.

We'll see what happens...

rules.png
rules.png (60.15 KiB) Viewed 470 times

User avatar
IgazI
rank: 50+ posts
rank: 50+ posts
Posts: 134
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 159
Gender: None specified

Re: How to be a MOnster

Postby IgazI » Mon Apr 02, 2018 4:33 am

Possible future entry.

maybe.png
maybe.png (80.83 KiB) Viewed 441 times

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”