@chris/shock/deco

[outthislife]

ucad

 

[outthislife]

hmm

short @ 1.331

 

[Chrisrocs]

Still not sure where I'm at as far as timeframes go.. Jumping around to different ones seems silly and exhausting, and I think shop says in his thread to just trade the chart for what it is, instead of trying to line up everything and complicate the hell out of it.

Clearly there are setups on all of them at times. I had the idea that by sticking to higher ones for the main setups, it would reduce false signals, but who knows. Had some success with the m5, m1 when things start trending and looking for with-trend entries.

But yeah, might just boil it all down to one timeframe again, m1/3-pip

 

[outthislife]

Still not sure where I'm at as far as timeframes go.. Jumping around to different ones seems silly and exhausting, and I think shop says in his thread to just trade the chart for what it is, instead of trying to line up everything and complicate the hell out of it.

Clearly there are setups on all of them at times. I had the idea that by sticking to higher ones for the main setups, it would reduce false signals, but who knows. Had some success with the m5, m1 when things start trending and looking for with-trend entries.

But yeah, might just boil it all down to one timeframe again, m1/3-pip

if you ask either of them they'll tell you they use all

it's not about sticking to 1 or the other, IMO. i use d, h4, h1 to note SR levels and then trade only the 3 pip.

 

[outthislife]

i very much dislike moments like this. cause it's a perfect RD retracement to an EMA w/ a nice little DB.

but IME you just have to trust the source pattern and the fib.

 

[Chrisrocs]

What's annoying though is when they conflict with each other. You have a setup on the m5, but on the m1 you have opposing information.

 

[outthislife]

What's annoying though is when they conflict with each other. You have a setup on the m5, but on the m1 you have opposing information.

well each timeframe is going to have its own respective "bounce". an m5 R point is going to only move, what, 10-15 pips? but a daily, h4 or h1 bounce will be significantly more.

each SR from its source timeframe is going to have a different level of reaction, the higher the better. the lower the timeframe, the more likely the reaction is just going to be an insignificant retracement.

 

[Chrisrocs]

Makes sense, so then noting htf s/r can help keep you onside of good moves more often.

 

[outthislife]

yeah. and then just ride the fibs intraday until you get to those "extremes" :thumbsup:

 

[Chrisrocs]

Gonna experiment with that later today 8)

 

[outthislife]

Gonna experiment with that later today 8)

All Markets will continue to go up, down and sideways until further notice.

 

[outthislife]

staying the course

I've noticed that the retracement fib exts tend to be 261-4.2. the 576 was an 86 to form a "wide DT" as well.

see the little red bar at the top? ;D ;D

 

[Chrisrocs]

Notice how the retracement came back to the "origin" of the move (the initial dt/hs what ever) and support became resistance. ;D I notice stuff like that happens a lot

Red bar, you mean the dashed line at the top (HTF s/r?), or those weird red bars mixed in with the green ones?

 

[outthislife]

Notice how the retracement came back to the "origin" of the move (the initial dt/hs what ever) and support became resistance. ;D I notice stuff like that happens a lot

Red bar, you mean the dashed line at the top (HTF s/r?), or those weird red bars mixed in with the green ones?

yep, SR = <king>

the little red bars mixed in are MACD crossing. so when a red bar is on the tippy top, it's time to drop (usually )

 

[Chrisrocs]

Pretty neat 8)

 

[outthislife]

inverse HS on S, 729, TL broken: switching gears?

 

[outthislife]

iHS to HS, this is why we should just hold

 

[Chrisrocs]

Yessa, how soon are you moving your stop usually? Do you just use the extensions?

 

[outthislife]

trying a long here at 327, could get completely fucked here :-[

Yessa, how soon are you moving your stop usually? Do you just use the extensions?

yes, just extensions and if the trend is fast enough i'll keep it above the 26 ema

 

[outthislife]

trying a long here at 327, could get completely fucked here :-[

obvs didn't work.