How to be a MOnster

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Mira
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Re: How to be a MOnster

Postby Mira » Thu Jul 20, 2017 1:23 pm

Mira wrote:I'm giving it a try:

UJ attempt 1.png


Mira wrote:I'm giving it a try:

UJ attempt 1.png


Decision is based on D1 bearish MOMO (50%) + Doji Zone (H1-).

SL is around the upper yellow line because i had an idea: to see where price is coming from to find the price level and to see my entry zone just as a rejection from that pattern, so the stop loss is at the high of the range (D1 MOMO open).

TP is at the white line because it's the midpoint of the last bullish move + Failed bearish Z-line. Assuming that i'm shorting from a top then the midpoint is there (My short - Pivot Low), assuming that i'm shorting from a midpoint then the low is there too (H - M - L).

Angles are 15* and placed at previous Z formations (I don't know if they are drawn correctly :lol: )

- While i was posting i had an internet crash too :x
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Mira
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Re: How to be a MOnster

Postby Mira » Thu Jul 20, 2017 3:29 pm

Mira wrote:I'm giving it a try:

UJ attempt 1.png


Took the money 8)
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Re: How to be a MOnster

Postby Mira » Thu Jul 20, 2017 8:26 pm

That green lines don't mean that i'm trying to predict price, trying to take a profit is more than enough for me :lol:
They are there just to explain what i'm seeing.. right or wrong.

UJ attempt 2.png
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Re: How to be a MOnster

Postby Mira » Thu Jul 20, 2017 9:36 pm

I'm starting to see something :shock:

TRUTH 1.png
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TRUTH 2.png
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TRUTH 3.png
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Re: How to be a MOnster

Postby v8power » Thu Jul 20, 2017 10:31 pm

Mira wrote:I'm attaching a PDF version of the txt file that V8 sent me (so you can see charts).

Very interesting, from this view it looks like reversals are not a good choice.
I know Doji can make them work very well, but often I find myself in the situation explained by this PDF:

Price makes a HH of LL over my stop and then it reverses, that is what MO was saying about "fake" patterns right before the real price levels.

So, now, how to avoid this situations?

Larger stops? Or believe in the position and trying to re enter? :?:



https://ufile.io/q1zoy


You will see it eventually. MY HTF charts were good for about 3 out of 4 wins that I have been posting. Here is the UJ. Also look how price retraced and gave us another opp to get in.
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Re: How to be a MOnster

Postby v8power » Fri Jul 21, 2017 4:46 am

v8power wrote:Yellow lines are my "something line". Purple is the up trend line. Black box is area were horz lines intersect angles. Red lines were drawn at 15 and I cut through a hook the placed its opposite nwhich offered confluene with the black box.

Price is currently at a support and trend line. Good chance it will bounce up, find resistance and then sell off again.


Welp it bounced up,, then sold off then found support again (black box) bounced up time to short again.
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Re: How to be a MOnster

Postby v8power » Fri Jul 21, 2017 5:52 am

usdjpy-h4-oanda-division1-2.png
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Re: How to be a MOnster

Postby Mira » Fri Jul 21, 2017 7:48 am

v8power wrote:
Mira wrote:I'm attaching a PDF version of the txt file that V8 sent me (so you can see charts).

Very interesting, from this view it looks like reversals are not a good choice.
I know Doji can make them work very well, but often I find myself in the situation explained by this PDF:

Price makes a HH of LL over my stop and then it reverses, that is what MO was saying about "fake" patterns right before the real price levels.

So, now, how to avoid this situations?

Larger stops? Or believe in the position and trying to re enter? :?:



https://ufile.io/q1zoy


You will see it eventually. MY HTF charts were good for about 3 out of 4 wins that I have been posting. Here is the UJ. Also look how price retraced and gave us another opp to get in.



I took the same M30 short based on D1 MOMO :P
I'm learning to look LEFT how you showed me on your charts. Thanks V8!

About that PDF last night I started to think: .. or that price NEEDS to break out and break in order to move?
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Re: How to be a MOnster

Postby v8power » Fri Jul 21, 2017 7:53 am

Just saying.
Attachments
gbpusd-d1-oanda-division1.png
gbpusd-d1-oanda-division1.png (48.21 KiB) Viewed 2755 times
gbpusd-h1-oanda-division1.png
gbpusd-h1-oanda-division1.png (38.31 KiB) Viewed 2755 times
gbpjpy-h4-oanda-division1.png
gbpjpy-h4-oanda-division1.png (41.13 KiB) Viewed 2755 times
gbpjpy-m15-oanda-division1.png
gbpjpy-m15-oanda-division1.png (59.14 KiB) Viewed 2755 times
euraud-h4-oanda-division1.png
euraud-h4-oanda-division1.png (55.44 KiB) Viewed 2755 times
eurjpy-h4-oanda-division1.png
eurjpy-h4-oanda-division1.png (47.82 KiB) Viewed 2755 times
eurjpy-m15-oanda-division1.png
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v8power
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Re: How to be a MOnster

Postby v8power » Fri Jul 21, 2017 7:56 am

Mira wrote:
v8power wrote:
Mira wrote:I'm attaching a PDF version of the txt file that V8 sent me (so you can see charts).

Very interesting, from this view it looks like reversals are not a good choice.
I know Doji can make them work very well, but often I find myself in the situation explained by this PDF:

Price makes a HH of LL over my stop and then it reverses, that is what MO was saying about "fake" patterns right before the real price levels.

So, now, how to avoid this situations?

Larger stops? Or believe in the position and trying to re enter? :?:



https://ufile.io/q1zoy


You will see it eventually. MY HTF charts were good for about 3 out of 4 wins that I have been posting. Here is the UJ. Also look how price retraced and gave us another opp to get in.



I took the same M30 short based on D1 MOMO :P
I'm learning to look LEFT how you showed me on your charts. Thanks V8!

About that PDF last night I started to think: .. or that price NEEDS to break out and break in order to move?


Your welcome. " price NEEDS to break out and break in order to move" :mrgreen: . I'll be gone for a few weeks. Just keeping doing what your doing and keep it simple.

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