The ideas that I trade by:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Dec 29, 2016 7:36 pm

Updated Logic.

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Dec 29, 2016 8:14 pm

If there is no pattern to trade on a large chart then simply capture one or more MN lines.

If you get to a size of 13 then each line is +20.8%...your risk is around 1%. :shock:

EDIT: a "size of 1", in MO lingo, is .1% per line (1 MN = 16 lines).

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Fri Dec 30, 2016 6:12 pm

The range of a bar can only expand upwards if price is above its midpoint, simple.

The close of a long-term bar is the current state of the expansion, whether price is moving up or down;
just look at last weeks bar, do you think that price was above or below 'something' moving into the next bar?

I am only thinking one thing when I am looking at small charts and that is how I can get my
lot size up prior to a major move (H4/daily trend or weekly/monthly bar).

For us simple folk, who are not trading gods, we are just trying to make more (much more) money in one trade than we
we lose trying to get into that one trade.

Small trades are "victories", the advantage moving forward, not wins.

Some people are born to be mercenaries & their small wins are their livelihood & there is nothing wrong with that,
but this thread assumes that you are fighting for queen and country :lol:


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Mira
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Re: The ideas that I trade by:

Postby Mira » Fri Dec 30, 2016 6:53 pm

I have no idea what i am doing :lol:
This is not so easy..

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Mr. Hyde wrote:
Jalarupa wrote:Nonsense Hyde! Your charts have been great! Thanks for sharing... You are making it work for you, seeing the underlying DNA of the market...

This is the most powerful method of trading... Bar none...

It's amazing, the insights that it brings (the constant profit is also greatly welcome)

I like what MO said about confidence in yourself... This is so important in translating a winning strategy into profit...

FOLLOW THE SPIRAL!


Thanks. I guess It just comes down to trusting yourself, which can be hard with a lack of expiernece on the so so trade setups.
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Re: The ideas that I trade by:

Postby MightyOne » Fri Dec 30, 2016 7:15 pm

Mira wrote:I have no idea what i am doing :lol:
This is not so easy..


1) what moves are considered breakouts?
2) where are the breakouts coming from?
3) get artsy, mark what you are seeing in your head
without worrying about it looking pretty:

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Mira
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Re: The ideas that I trade by:

Postby Mira » Fri Dec 30, 2016 8:38 pm

MightyOne wrote:
1) what moves are considered breakouts?
2) where are the breakouts coming from?
3) get artsy, mark what you are seeing in your head
without worrying about it looking pretty:


Thanks MO!
The first thing i'm trying to learn from you is TO THINK.

Ehm..
First i found breakouts

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Then i draw lines as it makes sense in my head..

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Re: The ideas that I trade by:

Postby TheRumpledOne » Sat Dec 31, 2016 12:52 am

Do not THINK.
Accurately SEE and IDENTIFY.
Then act and trade accordingly.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Mira
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Re: The ideas that I trade by:

Postby Mira » Sat Dec 31, 2016 7:19 am

TheRumpledOne wrote:Do not THINK.
Accurately SEE and IDENTIFY.
Then act and trade accordingly.






Thanks TRO, you're right.

To SEE not to THINK!
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Mira
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Re: The ideas that I trade by:

Postby Mira » Sat Dec 31, 2016 7:03 pm

A new year is just a new candle :mrgreen:
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Mira
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Re: The ideas that I trade by:

Postby Mira » Mon Jan 02, 2017 7:39 pm

Hi MO

I'm sorry for this stupid question but
can't we simply wait for a trendline BO?

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