H4 and h1 both clearly disagreed with my m15 assessment.
I will take this to my own thread to prevent mucking up the good posts in this thread.
Simple as 1-2-3
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- prochargedmopar
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Re: Simple as 1-2-3
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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- elkin.fernandez
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Re: Simple as 1-2-3
My fail with 1-2-3 is determining 1, LOL.
I have not been able to SEE when an 1 appear in the chart.
I suppose that 1 is a important High o Low 2 is a BO of 1 and 3 is price returning to BO.
But when I SEE the chart. I cannot see them clearly. ALmost ever my 1 is formed, 2 appears but with 3 i have problems because price is going against my idea and I dont know when it is going in the same direction of my idea. Sometime price got BO price show somes wicks i put my 2 lines od risk, put my Position, and trade my idea. After, price keep in the same direction it come from. And I´m stopped.
I have not been able to SEE when an 1 appear in the chart.
I suppose that 1 is a important High o Low 2 is a BO of 1 and 3 is price returning to BO.
But when I SEE the chart. I cannot see them clearly. ALmost ever my 1 is formed, 2 appears but with 3 i have problems because price is going against my idea and I dont know when it is going in the same direction of my idea. Sometime price got BO price show somes wicks i put my 2 lines od risk, put my Position, and trade my idea. After, price keep in the same direction it come from. And I´m stopped.
My long term bag: Bitcoin, ZCash and Chainlink
Re: Simple as 1-2-3
elkin.fernandez wrote:My fail with 1-2-3 is determining 1, LOL.
I have not been able to SEE when an 1 appear in the chart.
I suppose that 1 is a important High o Low 2 is a BO of 1 and 3 is price returning to BO.
But when I SEE the chart. I cannot see them clearly. ALmost ever my 1 is formed, 2 appears but with 3 i have problems because price is going against my idea and I dont know when it is going in the same direction of my idea. Sometime price got BO price show somes wicks i put my 2 lines od risk, put my Position, and trade my idea. After, price keep in the same direction it come from. And I´m stopped.
Look for perfect setups, until you trust yourself and you understand the "spirit of it"
- prochargedmopar
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Re: Simple as 1-2-3
Mr. Hyde wrote:elkin.fernandez wrote:My fail with 1-2-3 is determining 1, LOL.
I have not been able to SEE when an 1 appear in the chart.
I suppose that 1 is a important High o Low 2 is a BO of 1 and 3 is price returning to BO.
But when I SEE the chart. I cannot see them clearly. ALmost ever my 1 is formed, 2 appears but with 3 i have problems because price is going against my idea and I dont know when it is going in the same direction of my idea. Sometime price got BO price show somes wicks i put my 2 lines od risk, put my Position, and trade my idea. After, price keep in the same direction it come from. And I´m stopped.
Look for perfect setups, until you trust yourself and you understand the "spirit of it"
audusd-h4-oanda-division1.png
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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Re: Simple as 1-2-3
prochargedmopar wrote:Mr. Hyde wrote:elkin.fernandez wrote:My fail with 1-2-3 is determining 1, LOL.
I have not been able to SEE when an 1 appear in the chart.
I suppose that 1 is a important High o Low 2 is a BO of 1 and 3 is price returning to BO.
But when I SEE the chart. I cannot see them clearly. ALmost ever my 1 is formed, 2 appears but with 3 i have problems because price is going against my idea and I dont know when it is going in the same direction of my idea. Sometime price got BO price show somes wicks i put my 2 lines od risk, put my Position, and trade my idea. After, price keep in the same direction it come from. And I´m stopped.
Look for perfect setups, until you trust yourself and you understand the "spirit of it"
audusd-h4-oanda-division1.png
IMG_1817.JPG
Your TTE and profit taking area are dead on. And for most 123's that would be good. Be we Kreslik traders are the true Elite traders. WE know that momo bar closing beyond something is a 1 of the 3 potential momo setups (1 start of trend momo, 2 bend backwards momo, and 3 end of trend momo). So we see a retest of the 2 point which gives us a entry and then the break of the break out bar.
Now everyone know how to place a trade to get some OPM, a possible setup to start a trade with some OPM and when to add on to it. Then at this point since we have a bar that has broke and closed beyond the 2 pivot we have a good idea to hold longer. So if you want since you have 2 orders on you can take profit on 1 and let the other ride.
Re: Simple as 1-2-3
Will the entry often be a TTE? Yes.
Does dchappy fixate on the TTE? I doubt it.
Your focus should be on the 2 SMA of the close (the one you don't have on your chart), the AO (5/34 SMA HL2), a trend line, & there should be nothing else on your chart.
DC has a very simple strategy if you would just pay attention and do it his way.
If you refuse to do it his way then it is not as simple as 1-2-3; it is all the baggage that you brought with you.
Does dchappy fixate on the TTE? I doubt it.
Your focus should be on the 2 SMA of the close (the one you don't have on your chart), the AO (5/34 SMA HL2), a trend line, & there should be nothing else on your chart.
DC has a very simple strategy if you would just pay attention and do it his way.
If you refuse to do it his way then it is not as simple as 1-2-3; it is all the baggage that you brought with you.
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Re: Simple as 1-2-3
MightyOne wrote:
Your focus should be on the 2 SMA of the close (the one you don't have on your chart), the AO (5/34 SMA HL2), a trend line, & there should be nothing else on your chart.
DC has a very simple strategy if you would just pay attention and do it his way.
EURJPYM15.png
Wow, you just can't say it more clearly than that. Thanks MO
- prochargedmopar
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Re: Simple as 1-2-3
MightyOne wrote:Will the entry often be a TTE? Yes.
Does dchappy fixate on the TTE? I doubt it.
Your focus should be on the 2 SMA of the close (the one you don't have on your chart), the AO (5/34 SMA HL2), a trend line, & there should be nothing else on your chart.
DC has a very simple strategy if you would just pay attention and do it his way.
If you refuse to do it his way then it is not as simple as 1-2-3; it is all the baggage that you brought with you.
EURJPYM15.png
I tried to add the 2sma last week but Oanda app only goes down to 3sma so i left it off.
Mq4 app works so here you go MO.
Just for you.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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