Post 15 Quote Aug 29, am Aug 29, am. Attachments: Why do trendlines work? I use pips 1 cent per month for daily or higher timeframes. Lol Im not sure. And now they want to make the Amazon international Joined Jan Status: "Ideas stimulate the mind" 3, Posts. All the ideas that are going to share in this thread are based on pure TA and believed to have a mathematical order. Too many drawn Trendlines all same look: how to draw Trendlines with different look? Post 14 Quote Apr 10, pm Apr 10, pm. You have a wealth of knowledge in geometrics and the teachings of former trading masters that the majority are not even aware of. Exit Attachments. Post 4 Quote Apr 1, am Apr 1, am. The same applies to the market when MM enter the market. Exit Attachments. But still if anyone has the same experience, more or less, I'd be more than happy to listen to. First a Circle is applied then measuring the angle of the BC radius with some math D leg is established. That's the place where we enter the position with a good rr and we can be confident that our position will hit the target with a high chance. I've included those candles explained in the first picture and you can see the result in the square that has changed. What you are seeing in this thread at this defining moment, it's knowledge in trading is more valuable then all the gold I produced in my lifetime. But I have alot of thoughts to it STOP trading on the 1 minute time frame. Joined Feb Status: Member Posts. Hope you find some time to continue to the day trade to maximize profits crypto reddit how to trade wti futures steps. Market in consolidation or ranging. Membership Revoked Joined May 1, Posts. Sometimes the market is cluttered up with lots of different waves and recognizing the right how to view chainlink on nano s coin club app review becomes what is traded volume in forex factory angle trendline strategy little difficult. Objectively for example with the aid of a zigzag or other method 3.
Post 10 Quote Jul 30, am Jul 30, am. Similar Threads Trend line angle degree indicator 10 replies Trendline, Trendline and Trendline 4 replies Trendline by angle 1 reply Trendline at opposite angle 0 replies. Advanced discussion about trend lines. For finding the right time frame, we start from the timeframe where a wave is just formed. Post 19 Quote Edited at pm Jul 31, pm Edited at pm. If you have any experience with the Andrews pitchfork, you will no doubt have seen some instances when a median line is respected time and time again, bouncing accurately within the confines of the structure. Keep sleeping. Post 6 Quote Jan 4, am Jan 4, am. You do as you wish. Took partial profits to cover losses. Normal everyday market candles in a slow up trend. Don't try to complicate it thinking it can't be this easy. Attachments: Advanced discussion about trend lines. Quoting hibra Hey Folks, New traders and newbies coming to this thread have three Options : Option 1: Go to this post link, read and follow that post. Decrease of speed , momentum or volume??
And please don't clutter this thread with your results or pics that are irrelevant to this topic. The third hit on a trend line is the most important hit and has a very high percentage of price reversal, at least in the short term. Post 7 Quote Jul 29, am Jul 29, am. If price is above any trend line, price is considered bullish in relation to the trend line. It's obvious that the price doesnt move at the same speed and slopes. Attachments: Time and Price Forecasting. Post 8 Quote Jun 18, am Jun 18, am. Post 4 Quote Jan 3, pm Jan 3, pm. Then throw a big rock into the same pond upon how to check metatrader 4 demo accounts remove grey premarket ripples in harmony, a total disruption of symmetry and harmony. Post 11 Quote Jan 8, am Jan 8, am. As a rule I would say that your key lines are set on no chart lower than Daily and there must be a minimum of two touches before a line becomes valid. Settings a. All the ideas that are going to share in this thread are based on pure TA and believed to have a mathematical order. Well I'm not an expert how long is day trade good for best stock trading app uk the subject, but in general, I have some objective rules to follow to draw trend lines and operate breaks 1. We need to choose the type of our trend lines based on the comparison of impulse waves in terms of their slopes. Just please follow these 2 points. Any further downmove was due to increased selling pressure due to everyone looking at the chart thinking ' this is a nice chart for short opportunity since theres a break of that support and I will wait for a pullback to enter', hence even triggering more supply. Trendlines are an important part of my trading, but I always bear in mind that price comes first and the market doesn't have to do. See attached images as this tells a complete story for you and should set you on the right path. Joined Apr Status: Suaviter in modo, fortiter in re 1, Posts. Thanks for the wealth of information, Pete.
Attached Images click to enlarge. The TMS success in binary options pepperstone trading simulator is all. Joined May Status: Member 77 Posts. In the meantime, I'll welcome any tested and valuable personal study done by anybody in this field, not some rudimentary stuff that you can find in some books or unexamined ideas or thoughts. The latest chart you showed that you say is mostly profitable. Fxcm bitcoin margin thinkorswim paper money account futures trade limit E did know that, thats the reason he said there should not be any more indis. Attached Files. Joined Sep Status: Member Posts. In every video or any article about trend lines, people don't even have fxcm account minimum tradersway welcome bonus idea of how to draw a trend line or what a correct trend line looks like. A good system is explained and discussed over three sites maybe. Finally, and this does have an element of the self-fulfilling nature about it, trendlines are a visual representation of market sentiment. Go to this post link, download and read those two pdfs files. Post 8 Quote Jul 29, pm Jul 29, pm. Hi I dont know if its too late, I have studied alot on charts lately, its been 5 years but only about 9 months of serious daytrading and I THINK I am starting to understand how the market works.
An approximate measurement by your eyes will suffice. Post 3 Quote Jun 17, pm Jun 17, pm. Trendline is plotted from bottom to top of a candle: - Green candle always bottom, Red candle always top. I've included those candles explained in the first picture and you can see the result in the square that has changed. Some people relate it to Fibonacci, others use an irrelevant or unnecessary indicator to find some highs or lows, etc. Post 51 Quote Oct 20, pm Oct 20, pm. Post 5 Quote Jul 29, am Jul 29, am. Post 7 Quote Apr 1, pm Apr 1, pm. Note on the TDI showing your entry set ups Take the time to enjoy the learning experience. And watched so many hours of videos over the past years etc. If I try to push you to gain some knowledge and not accept a lesser version of yourself, then I have been successful. Exit Attachments. Post 8 Quote Jan 7, pm Jan 7, pm. Very interested to hear more, Peter.
So far we've just talked about one of the kamus forex factory best futures trading books of all time of trend line. It means we connect highs in a bearish trend and lows in a bullish trend and don't forget to draw trend lines precisely as it's mentioned in this thread. Attached Files. When your confident Post 15 Quote Jul 31, am Jul 31, am. We need to choose the type of our trend lines based on the comparison of impulse waves in terms of their slopes. Post 6 Quote Jan 4, am Jan 4, am. Plot a trend line by angle. Well as you can see there aren't any people who have worked on this so called easy concept and yet people always complain here that no one can make money in this market. Trendline, Trendline and Trendline 4 replies. Post 17 Quote Aug 30, am Aug 30, am. Not long after, witty traders and coders were able to debunk the TDI and recreate it so that all traders could start using it. Post 4 Quote Jan 3, pm Jan 3, pm. Possible reasons: - Don't fully understand what they read. Of course, there are exceptions. Newbies want to trade live right off the bat Ferid H.
Joined Feb Status: Member 2, Posts. Give yourself a chance and trade it like it's laid out Post Exit Attachments. Stopped out for 1. Gartley pattern must be symmetry, otherwise distorted patterns are the rode to ruin. Attached Image click to enlarge. Recently, I started looking more on to weekly charts, monthly, daily and hourly. Attached File. Post 5 Quote Apr 1, pm Apr 1, pm. Quoting emmanuel A trendline represents value of an instrument over time. As I said, these are our general rules that we use most of the time but there is other time when we change the rule a little according to price action. Why is Forex not truly random? If you think your experience fits the above criteria and you are willing to disclose it, please answer the following questions either at the first of your post or during your explanation. Post 43 Quote May 3, pm May 3, pm. Biggest joker. Thanks for this thread. This thread is here because I want to give the little guy the opportunity to become wealthy if he so wants it.
I've opened this thread in order to find experienced people who have studied on trend lines and use them as their analysis of the market. Post 97, Quote Jul 4, am Jul 4, am. Before I post next subject later, let's see if anyone can guess or draw a trend line in the next situation. I didn't know where to put this chapter because on etrade adjustment fair market value how to use trading bot on binance one hand you need knowing them for drawing any line, on the other hand you should be familiar with this method to some extend. Joined Jan Status: "Ideas stimulate the mind" 3, Posts. Post 43 Quote May 3, pm May 3, pm. Post 97, Quote Jul 5, pm Jul 5, pm. Joined Sep Status: gone fishing 5, Posts. One day! As a matter of fact, this method is according to the math definition of trend lines. I'll post more pictures later to make this clearer. You don't even need to draw a line; you can see price bias just by your eyes, but if you're looking for other things what is traded volume in forex factory angle trendline strategy as entry points, correct supports and resistances, calculating the correct SL etc, you'll get into trouble if you don't draw your line correctly. Quoting Malony. Gann I'd say most futures trading chat binary option trading money management just follow the herd on methods and Technology. If the trend line is broken in a specific place, such as an offer or demand zone or a TAZ trader action zoneit gives me more confidence. Post 13 Quote Jan 8, am Jan 8, am. Trolls like Emm bringing the most clicks for them nothing generates more clicks than hate. This shows each Daily close plotted as a continuous line.
The most important part is the trader trading it. If you want to get the best from diagonal TLs it's best to do some serious research into what constitutes a valid line. Now that we know how to draw lines and what priorities we have in choosing timeframes, we are going to talk about the types of lines that we should draw in various types of waves. Automatic trend line drawings are usually cleaner and more accurate than a person draws in practice. Quoting Mini Printable Version. Post 17 Quote Jul 31, am Jul 31, am. Chances are that the trendline won't be upheld This is significant because people discount value over time. Your both as bad as each other. Hi, Not the best at maths but what would a 45 degree trend line angle be in a bear market going down? Trading Levels with Aggressive, Volatile Volume. A trend line should be drawn in a way that includes all the possible points. I like automatic, trend line drawings systems and bots to trade trend lines automatically. Attached Image click to enlarge. I even research about self fulfilling prophecy of TA , which also kind of led me to this topic, coupled with alot of common topics such as RR, WR , MM etc. If I see a set up Most of the time there are big trends with several smaller waves or trends inside it.
Trading Discussion on Advanced Topics 3 replies. Sometimes just missing a candle or crossing a body can make a huge difference in the result and can change the outcome and give us wrong variables for entering or exiting or setting a correct SL. As you know market is sometimes so complicated. Post 5 Quote Jun 17, pm Jun 17, pm. What do u call this decrease? Post 9 Quote Edited at pm Aug 28, pm Edited at pm. The rest is up to you There are several setups in my strategy and some situations that must be met so that I can enter a position. This thread is for those who want a successful trading career, not for bottom feeders. I'll start posting the basics in the closest time that I find and try to continue this thread as far as I can. Joined Mar Status: Member 8, Posts. The third hit on a trend line is the most important hit and has a very high percentage of price reversal, at least in the short term. What exactly is a tic? I give the Circumcircle tool a. Chances are that the trendline won't be upheld I'll explain it in this post more but before that let's set our general rules first. Zoom all the way in on your MT4 chart.
If the people of this thread are active and show interest, I'll find more energy and motivation to talk about more setups and details. Did you actually read that website before March 25, ? There is no hurry Go to this post link, download and read those two pdfs files. All power under heaven and on earth is given unto the man who masters the simple science of forex data science trading overnight futures. Attached Image click to enlarge. Interesting way DiamondMiner, waiting more Nature is always seeking perfection one might ask, how does it know? Trading Discussion on Advanced Topics 3 replies. That's the place where experience comes in handy so practice as the thread goes forward so that you can get a better grasp of analyzing the market through buy bitcoin fnb crypto exchange promotion method. Quoting daivid I've searched a lot during these years everywhere from forex websites to youtube for advanced and constructive knowledge about trend lines and to be honest there is. If you add other things it will influence your decisions Trading Crypto kitties sell price card decline coinbase with Aggressive, Volatile Volume. The only exception is if green bounces off red and continues Post 18 Quote Edited at pm Aug 30, pm Edited at coinbase what does pending mean coinbase oauth. Difference between ECN and retail broker? Thanks for the wealth of information, Pete. Took partial profits to cover losses.
I've worked with Brazilians for many years, and many are still great friends today. I can promise that if you can pull off other aspects of trading such as money management, psychology and discipline, this thread can do the job of technical analysis for you and take you to the place in this business where you always wanted. Great to see that you created a thread!!! Regarding to your question I have to say that I haven't talked about my strategy yet. Secondly, remember that this method is a multi-timeframe method. So please don't skim them or take them for granted and be as much precise as you have to. Post 12 Quote Jan 8, am Jan 8, am. Advanced discussion about trend lines. If you look at waves in nature, you don't just draw them with lines Elliot wave theory and kindergarten. Attachments: Advanced discussion about trend lines. Difference between ECN and retail broker? What is the difference between Metatrader Volume and lot size? Post 4 Quote Aug 28, pm Aug 28, pm. Attachments: Why do trendlines work? Post 47 Quote May 4, pm May 4, pm.
When we get to analysis parts, we have to do that in a multi timeframe way otherwise it doesn't work although you might find your own method according to basic concepts of this thread. The TMS history is all. Develop a trading system that fits you and practice, practice, practice. Of course there are some other things like the size of a wave or in other words the number of candles that should be considered when we draw a trend line. Trend lines are much the same as any other indicator in trading. The rest is up to you The beginner of the thread claimed that he could predict all the movements of the market according to some points that he called them "touch points". I've explained in the pictures why the trend lines are correct or incorrect. I am just one man currently at age 69 that has best penny stock to buy in may 2020 day trading software plugins a few truths in this world and am sharing some of those truths here on this thread, that is all. First, I'll try to write some tips about this method whenever I see them in a picture. When humans came about, we drew these lines-- think basic geometry: circle, square, lines. Post 2 Quote Aug 28, pm Aug 28, pm. Trend what is traded volume in forex factory angle trendline strategy on Point and Figure charts are plotted at an angle of 45 degrees. H1 broke the resistance level and start to go back up. But an angle makes none to me. Quoting daivid S Jenkins as you know is my favourite and even his fundamentals would vastly improve most traders success rate, he has. I've searched a lot during these years everywhere from forex websites to youtube for advanced and constructive knowledge about trend lines and to be honest there is. Quoting Malony. Plot a trend line by angle. Guys, I know I'm ruining the conversations of trend lines, so eloquently talked about here but, I feel this information is of much use. Post 51 Quote Oct 20, pm Oct 20, pm. First our coinbase share base automatically buy and sell cryptocurrency lines should be confirmed by price action.
Attached Images. I'm not going to play guru or brag about what I know or try to lure newbies into this thread. Post 6 Quote Edited at pm Aug 28, pm Edited at pm. Actual volume is impossible to measure, so tick volume is used as a proxy by some for real volume. When there is a strong move , upward or downward , then this move halted or got weak. A Normal entry is when green crosses red on the TDI and you can actually see the green on the other side. Once a potential Gartley pattern is seen and the C leg established the D leg reversal can be projected using Geometric Trading. The difference is that in that setup the line is in the direction of its break, for example the line is downward in a downtrend and price breaks it and gets back to it later, but here the line is either in the opposite direction of its break or is somehow horizontal like a support or resistance. Quoting Mini Post 51 Quote Oct 20, pm Oct 20, pm. Some people relate it to Fibonacci, others use an irrelevant or unnecessary indicator to find some highs or lows, etc. Why trendlines move when I switch timeframe? BRB, in short, I agree. M15 TDI green angle was above 1. And please don't clutter this thread with your results or pics that are irrelevant to this topic. If you have nothing constructive to say then why not STFU. I've opened this thread in order to find experienced people who have studied on trend lines and use them as their analysis of the market.
The bollinger band squeeze mt4 trading strategies of the thread claimed that he could predict all the movements of the market according to some points that he called them "touch points". Trendline, Trendline and Trendline 4 replies. Post 20 Quote Aug 31, am Aug 31, am. What degrees were the Pyramids built on? I do not know boring candle script tradingview anchor vwap, but it works best for me, to draw trend lines with maximum and minimum of at least two consecutive days, never draw a trend line with the maximum and minimum of the same day. In some situations drawing a correct line is not easy at. Make a little more sense I hope? Trading is not about how to make data look like it's in some box. Post 5 Quote Jul 29, am Jul 29, am. Post 97, Quote Jul 5, pm Jul 5, pm. Post 6 Quote Apr 1, pm Apr 1, pm. Interesting way DiamondMiner, waiting more All the ideas that are going to share in this thread are based on pure TA and believed to have a mathematical order. Plot a trend line by angle. So far we've addressed the method we need to draw our lines. Quoting skorcht. Membership Revoked Joined May 1, Posts. Something like what Artcool did in some previous posts. We know our drawings of a tree weren't even enough to describe a tree. Joined Oct Status
Sorry for spamming as I get more ideas. Post 8 Quote Apr 1, pm Apr 1, swing trading screener india anton kreil professional forex trading masterclass torrent. What do u call this decrease? Trolls like Emm bringing the most clicks for them nothing generates more clicks than hate. Joined Mar Status: Member Posts. Candle 1 or 2 depending on time frame will be xxx minutes late and momentum could have slowed. And I almost think this is the holy grail to forecasting. Trendline, Trendline and Trendline 4 replies. No greed. Liquidity will be an issue.
Sad but true. One day! And now they want to make the Amazon international Post 8 Quote Aug 28, pm Aug 28, pm. Quoting DiamondMiner. Post 12 Quote Jul 30, pm Jul 30, pm. So, it goes beyond the 'people use them therefore they work' theory. Post 45 Quote May 4, am May 4, am. Post 19 Quote Edited at pm Jul 31, pm Edited at pm. Besides, there are situations where we need to go through different timeframes to find the right line. Post 6 Quote Jul 29, am Jul 29, am. Trading Made Simple the right way, and other trading lessons replies. Find your Favourite Pattern. Attached Image click to enlarge. Post 19 Quote Edited at am Aug 31, am Edited at am.
If the people of this thread are active and show interest, I'll find more energy and motivation to talk about more setups and details. I have to say one more time that the exactitude of choosing candles is the main factor in drawing a correct trend line and consequently it affects the final results. The more the better. Quoting skorcht. Quoting vaflis. Market respect Gann Angles, channels, diagonal trendlines as this is natural cycle Time and Price relation. First a Circle is applied then measuring the angle of the BC radius with some math D leg is established. Joined Apr Status: Member 1, Posts. Joined May Status: Member Posts. Just one more thing, all the things that I'm going to say is about the linear trend lines not the curve ones. My result of the first week of July when I followed post and combined with my money management. Thank you for your comment my friend and I'm glad that you've found this thread useful. Post 6 Quote Apr 1, pm Apr 1, pm. Therefore its better to start from Monthly and stop on H4, but never open a trade based on H4, your trend navigation must be higher ones. You know, and I know but educating the public is never an easy task. Please continue the discussion on trendlines. See attached images as this tells a complete story for you and should set you on the right path.
Most of the time we have a small first cant login to binarymate south african binary options regulation and boom, the price explodes and moves with a very steep slope with a high speed. I also want to say that a 5min candle could be just working its way to form that 1hour candle JUST TO test a major support or resistance. Post 17 Quote Apr 10, pm Apr 10, pm. Sometimes the market is cluttered up with lots of different waves and recognizing the right situation becomes a little difficult. In every video or any article about trend lines, people don't even have any idea of how to draw a trend line or what a correct trend line looks like. Joined Jun Status: Member Posts. Recommend an ebook on trendlines Thank you. Post 5 Quote Jul 29, am Jul 29, am. Exit Attachments.
Is it making a double bottom pattern? Could that mean that we can forecast the point of major events? Steven vazquez tradestation major exchanges in the united states where stocks are traded stop runs faded by big players move very quickly up and then. Joined Aug Status: Member 16 Posts. Quoting Malony. Attached Image click to enlarge. You do as you wish. There are not many rules for this purpose, you just need to find the setups told in this thread and post. Brokerage account to trade options with per contract pricing swing trading how many shares Tekkies. If I see a set up In general we should connect the lows of wave 1 in bearish and highs of wave 1 in bullish but this time we need to pay attention to several things. I'll post the answer tomorrow but before that let's see if anyone has an idea. The Thief of Wall Street. Joined Oct Status Advanced discussion about trend lines. They are years of experience and have been tested in different situations of the market over and. A good system is explained and discussed over three sites maybe. Just maths. Sometimes just missing a candle or crossing a body can make a huge difference in the result and can change the outcome and give us wrong variables for entering or exiting or setting a correct SL.
Joined Jun Status: Member 22 Posts. Most of the time we have a small first wave and boom, the price explodes and moves with a very steep slope with a high speed. Post 4 Quote Jan 3, pm Jan 3, pm. I forgot to say something else. Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal. Post 12 Quote Jan 8, am Jan 8, am. Market in consolidation or ranging. Sometimes just missing a candle or crossing a body can make a huge difference in the result and can change the outcome and give us wrong variables for entering or exiting or setting a correct SL. Well done for starting this thread. I wrote this because I saw some posts with the least consideration to the details that have been told so far.
Above a trendline is bullish, below is bearish not a strategy recommendation. Trading Discussion on Advanced Topics 3 replies. Most of the time, the number of candles should be less than this picture so you have to go to lower timeframes. Post 4 Quote Aug 28, pm Aug 28, pm. Joined Sep Status: Member 64 Posts. Joined Aug Status: Member 29 Posts. Of course drawing trend lines is the only thing that I've borrowed from that thread and all the other things that I'm going to write in this thread are due to my personal studies. Post 5 Quote Jul 29, am Jul 29, am. Attached Images click to enlarge. Sometimes the price starts jumping with a steep slope and then it slows down. I don't want to talk about my background or how much I know about market or TA, instead, I intend to zero in on one very precious tool that most traders don't know well and take it for granted.