I hope you exit in time ;-)
I was stopped out ;-(
Ciao
Fabio
I was stopped out ;-(
Ciao
Fabio
DislikedIgnored
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DislikedYeah. I had a trailing stop that triggered. I had a feeling that point 5 was the high since it was the 1x1 line and the end of square for a perfect squaring.Ignored
DislikedJR
I am a real fan of your method and I was wondering where do you describe the counting system for the bars that you are using.
Thanks in advance.Ignored
DislikedBravo JR !
But please let me ask you something: normally at end of squaring , like in your example ,the price should go up to break the square isn'it?
Ciao
FabioIgnored
QuoteDislikedRules for buying anything related to
trading:
If you can't afford it easily, don't
buy it.
If you are augmenting your existing
successful trading system, consider it.
If you do not have a successful method
of trading, don't buy it.
If you do not have a typewritten system
of trading rules, don't buy it.
If you do not stick to your rules,
something deeper is stirring your pot, don't buy it.
If you don't know your expectancy,
don't buy it.
If you don't know the time periods in
which you trade well or poorly, don't buy it....
DislikedHi JR97
i've been following your thread for a while,
and it works like a charm, although i'm not sure if i'm applied it right. LOL
And i'm more comfortable with 4x4 square
i still confuse about the area in blue dot.
usually i'll be waiting in the blue square for entry.
but it's an opportunity to entry in blue dot and the target is my square
will try it for sure
but i would like to know what will you do in the blue dot area?
really appreciate it
Thanks in advance
HyotaIgnored
DislikedThe rule of thumb is "when price and time meet, change is inevitable". So you're looking at a time line where you've got some intersecting angle lines but also strong support if you draw a trend line along the bottom there. Price and time are meeting. If you're short, I'd be looking to get out with either a trailing stop or maybe just exit altogether. If you're not short, I'd be placing some buy stop orders to see if price comes up from support.
Remember.. just because you're using fancy geometry doesn't mean standard rules don't apply. Buy support, sell resistance. But the dips, sell the rallies, etc. Those should actually come first before you starting thinking about the geometry stuff.Ignored
Disliked4H square. You can see where I shorted on a vertical time line. I've now exited and gone long on a vertical time line but also strong support. Tight stop since NFP is manana.Ignored
DislikedI made a tiny tweak and holy crap... unreal, eh?
http://content.screencast.com/users/...16%2022.36.gifIgnored
DislikedWow. I found a video of some dude describing exactly what was in my head when I came up with the concept behind the wavy line forecast. Glad to know I'm not alone in my thinking.
http://www.youtube.com/watch?feature...&v=4zc0ICPoqlMIgnored