The ideas that I trade by:

[MightyOne]

...

Does it make sense to you at all?

What often confuses me is how to line up HTFs like H1 and H4 into it. My bias seem to be quite random, depending on the IDEA i see at the time. Sometimes i would enter with sometimes against current HTF momentum, candle colour. The chart below looks i was scalping H4 momos (against the color).


Any advice? Thank you
Tomek

Your lines are well spaced & your risk is only 2 or 3 lines, so nothing wrong there.

Draw a line [in the vicinity of] 2 or more closing prices, in a narrow price range, and either trade away from
it from the marked chart or from a smaller chart.

As a general rule, you only draw lines that support your idea; you never build walls in front of your trade.

for_tom7ak.png (5.09 KiB) Viewed 3258 times

[Mira]

So are we trading (?away from?) midpoints, not extremes?

I do exactly what I have already explained to you.

You can do whatever you want.

Do you see how each of these price bars is 1 day?
Well imagine increasing your position size over a period of days, on smaller charts,
and then 'shipping' that line value on the daily chart using a fraction of your lines.

The number of things that you can do is too numerous to list.

for_Mira.png

I'm back on track MO! I see it again
Thank you! Everything makes sense again now!

[Brzoza]

Mira, could you put some chart how do you see it?
What is these yellow lines? How it was drawed?

[Mira]

Mira, could you put some chart how do you see it?
What is these yellow lines? How it was drawed?

Hi Brzoza!

What I'm showing you in the charts below is what Doji told us a month ago on his thread.

1) Define momentum as a bar closing over the previous extreme
2) Create a zone taking a momentum eating up momentum [(i.e. a close above the previous extreme and a close below the previous extreme) personal note: now you could have a bias, that is different by a trigger)



3) Keep your eyes on the zone and just look at what price is doing, it enters the zone and break? Trade in that direction.

IMG_0361.PNG (71.59 KiB) Viewed 3125 times

Keep it simple, because it IS simple! Don't build up rules that don't exist, because the brain is weak and sometimes he doesn't want to accept the truth.

----------

That yellow lines are from MO and, since I was blind, I have to re-read everything before I can say you how I see them.

Btw is the same thing.

1) Put on EIGHTS indicator and a Bar Chart
2) Look for 2 or more closes in a small area (1/2/3 lines?), this is your zone.
3) Keep your eyes on the zone and just look at what price is doing, it enters the zone and break? Trade in that direction.

(From MightyOne)

IMG_0363.PNG (28.05 KiB) Viewed 3125 times

[Brzoza]

Mira, could you put some chart how do you see it?
What is these yellow lines? How it was drawed?

Hi Brzoza!

What I'm showing you in the charts below is what Doji told us a month ago on his thread.

1) Define momentum as a bar closing over the previous extreme
2) Create a zone taking a momentum eating up momentum [(i.e. a close above the previous extreme and a close below the previous extreme) personal note: now you could have a bias, that is different by a trigger)



3) Keep your eyes on the zone and just look at what price is doing, it enters the zone and break? Trade in that direction.

IMG_0361.PNG

Keep it simple, because it IS simple! Don't build up rules that don't exist, because the brain is weak and sometimes he doesn't want to accept the truth.

----------

That yellow lines are from MO and, since I was blind, I have to re-read everything before I can say you how I see them.

Btw is the same thing.

1) Put on EIGHTS indicator and a Bar Chart
2) Look for 2 or more closes in a small area (1/2/3 lines?), this is your zone.
3) Keep your eyes on the zone and just look at what price is doing, it enters the zone and break? Trade in that direction.

(From MightyOne)

IMG_0363.PNG

Thank you very much do you use patterns and breakoit from patterns according to MO posts?

[Mira]

Thank you very much do you use patterns and breakoit from patterns according to MO posts?

You are welcome Brzoza!

For sure! All I am doing here is trying to learn from MO, Doji and the other Pros how to trade.

Look at the charts posted in the previous post, what is the pattern and what the breakout?
You don't need a specific definition, just feel it!
Simply remember that breakouts are NOT patterns, they are breakouts from patterns.

To quote a post from MO to me.

"1) Circle a series of candles that you would consider to be a breakout.

2) Put a box around everything that you cannot call a breakout.

Let me know if you cannot answer your own question."

[Brzoza]

Thank you very much do you use patterns and breakoit from patterns according to MO posts?

You are welcome Brzoza!

For sure! All I am doing here is trying to learn from MO, Doji and the other Pros how to trade.

Look at the charts posted in the previous post, what is the pattern and what the breakout?
You don't need a specific definition, just feel it!
Simply remember that breakouts are NOT patterns, they are breakouts from patterns.

To quote a post from MO to me.

"1) Circle a series of candles that you would consider to be a breakout.

2) Put a box around everything that you cannot call a breakout.

Let me know if you cannot answer your own question."

And there is a problem for me...i cant see the patterns. I know that breakout is breakout from patterns. I thought that breakout is a momo candle, but i was wrong. On your previous chart i see momo candle (candle which closes over/below previous candle), yes?
And next breakout is a few candles in one direction, and they create new high/liw on chart, yes?
And patterns...is just a base/few insignificant candles??

One more question if are not tired my person:) : do u use cones?

[Mira]

That bold quote, "Circle a series of candles..." , that is an invite to you.
Please, post a chart with your attempts.


About cones: not for now, I'm going for steps

[Mira]

Updated chart

IMG_0366.PNG (70.36 KiB) Viewed 3197 times

Mira, could you put some chart how do you see it?
What is these yellow lines? How it was drawed?

Hi Brzoza!

What I'm showing you in the charts below is what Doji told us a month ago on his thread.

1) Define momentum as a bar closing over the previous extreme
2) Create a zone taking a momentum eating up momentum [(i.e. a close above the previous extreme and a close below the previous extreme) personal note: now you could have a bias, that is different by a trigger)



3) Keep your eyes on the zone and just look at what price is doing, it enters the zone and break? Trade in that direction.

IMG_0361.PNG

Keep it simple, because it IS simple! Don't build up rules that don't exist, because the brain is weak and sometimes he doesn't want to accept the truth.

----------

That yellow lines are from MO and, since I was blind, I have to re-read everything before I can say you how I see them.

Btw is the same thing.

1) Put on EIGHTS indicator and a Bar Chart
2) Look for 2 or more closes in a small area (1/2/3 lines?), this is your zone.
3) Keep your eyes on the zone and just look at what price is doing, it enters the zone and break? Trade in that direction.

(From MightyOne)

IMG_0363.PNG

[MightyOne]

The SweetSpotsGOLD method was to wait for an hourly close and then enter when price touched a horizontal line.

I wait for 2+ closes to be within close proximity to a horizontal line and then enter when price touches a horizontal line;
I may also enter when price is between two lines if I like the area.

for_you.png (21.45 KiB) Viewed 3188 times