PowerX Strategy "PowerZ"

[IgazI]

Get gud.

Gold priced in silver: long gold, short silver:

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[IgazI]

Someone is confused, and that someone is not me
not_me.jpg

It appears your record is scratched.
IT KEEPS SKIPPING.

That's just earwax; you should take care of that

[kiwiarian]

Oliver is the only one that can get away with drawing torpedos on his videos BOOM

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about 4.30 in his video
https://www.youtube.com/watch?v=9BJU8vPer1s

[IgazI]

Oliver is the only one that can get away with drawing torpedos on his videos BOOM
torpedos.jpg
about 4.30 in his video
https://www.youtube.com/watch?v=9BJU8vPer1s

He kills me sometimes, but he follows the 'play' with business, so it's all good.

[aliassmith]

I don't even want to post MO quotes. . .
Pro always getting me to respond in ways that I don't want to

"Price cannot fall on wicks, nor can it move lower without closing lower"

The closes show the way down, the closes show the way up.

Wicks cannot and do not "show the way".

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Or, if you're into Oliver,. . .

"Price cannot fall without. . .BOOM pffffffffffffft!"

oliver.jpg

Ive been looking at this and I traded with this in mind.
Closes higher than previous high, show the way higher.
Closes lower than previous low, show the way lower.

This is in a zone of interest.

Made these 8 years ago.

[kiwiarian]

I don't even want to post MO quotes. . .
Pro always getting me to respond in ways that I don't want to

"Price cannot fall on wicks, nor can it move lower without closing lower"

The closes show the way down, the closes show the way up.

Wicks cannot and do not "show the way".

revisited.jpg

Or, if you're into Oliver,. . .

"Price cannot fall without. . .BOOM pffffffffffffft!"

oliver.jpg

Ive been looking at this and I traded with this in mind.
Closes higher than previous high, show the way higher.
Closes lower than previous low, show the way lower.

This is in a zone of interest.

Made these 8 years ago.

And here is me earlier saying once I see a wick like that then the next candle I would be hesitant to go short

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[IgazI]

And here is me earlier saying once I see a wick like that then the next candle I would be hesitant to go short
wick2.jpg

If you have a HL range, and price closes lower, then price is going lower. . ."IS" as a matter of fact, "IS" now, not "IS but my gut tells me derp".

I don't have any problem with wicks being used as price boxes.

[Don_xyZ]

That a greater number of closing prices is all that is needed to accurately plot the price action of a given timeframe is the point.

The problem with wicks is that wicks are a price without a time;
If you are long MSFT and short AAPL, you can't subract the high of AAPL from the high of MSFT, because you don't know when the moves happened.

With closing prices, you know that at a certain time the price was x, and that if you were there at that time, you could have traded away from it; you're focused on one type of data, and there is a rhythm.

Wicks are great in two places:
1) hindsight
2) after the close

As was mentioned in the video, dial it all the way down to ticks and you have all of the information; dial it the other way and you have less detail and more clarity. you. only. need. more. closing. prices. or. fewer. closing. prices!

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I agree. That's why my backbone tfs are several many times bigger than my trigger/entry tf coz I want to be in the wick of those backbone tfs when the price close to the opposite of that big wicks. Anchors are always in the extreme part of the candle.

[prochargedmopar]

I don't even want to post MO quotes. . .
Pro always getting me to respond in ways that I don't want to

"Price cannot fall on wicks, nor can it move lower without closing lower"

The closes show the way down, the closes show the way up.

Wicks cannot and do not "show the way".

revisited.jpg

Or, if you're into Oliver,. . .

"Price cannot fall without. . .BOOM pffffffffffffft!"

oliver.jpg

Ive been looking at this and I traded with this in mind.
Closes higher than previous high, show the way higher.
Closes lower than previous low, show the way lower.

This is in a zone of interest.

Made these 8 years ago.

1. Outside bar down
2. Harimi



Sh!T works though. LOL

[prochargedmopar]

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