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The Swamp

  • #113,681
  • Dec 11, 2023 10:40pm Dec 11, 2023 10:40pm
Quoting axecap
{quote} just having a look at the 3 bar triangle set up and i dont see it according to lindas definition. The three bar triangle is when the current bar’s high is lower than the 2 day high and the low is higher than the two day lo The 3rd days (current bars) low is lower than the 1st day or have I got it wrong? {image}
If you look at the week one it’s looking like more down. If you’re looking at the month one, it’s looking like more up. So anyway, flip a coin,
those who can, do. those who cant, talk about those who can
  • #113,682
  • Dec 11, 2023 11:28pm Dec 11, 2023 11:28pm
Quoting gatorinla
{quote} If you look at the week one it’s looking like more down. If you’re looking at the month one, it’s looking like more up. So anyway, flip a coin,
Yea sure was just trying to understand the theory
Its all just one persons opinion
  • #113,683
  • Dec 12, 2023 4:33am Dec 12, 2023 4:33am
Quoting axecap
{quote} Yea sure was just trying to understand the theory
I cant speak for others. 3 candles closes making a rounded bottom. Can be one thing with others suggesting rise. A drop using the rounded 3 candle high. But you may want more reasons.
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those who can, do. those who cant, talk about those who can
  • #113,684
  • Dec 12, 2023 4:41am Dec 12, 2023 4:41am
Quoting axecap
{quote} just having a look at the 3 bar triangle set up and i dont see it according to lindas definition. The three bar triangle is when the current bar’s high is lower than the 2 day high and the low is higher than the two day lo The 3rd days (current bars) low is lower than the 1st day or have I got it wrong? {image}
the 3 bar triangle is the when the first 2 days have either a higher high or a lower low from each other but no outside bar
the 3rd day's range falls inside the range of the prior 2 days
it is considered an area of balance from which breakouts often occur
it was made popular by Linda Rashke who has done a few videos on the subject
she says it works best when it is far awat from the 20 day ema
it also tends to happen on days prior to important data releases

i personally will trade the day prior to important data releases by buying or selling 12 pips from the high or low with the expextation that the 3 bar triange will form
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  • #113,685
  • Dec 12, 2023 4:47am Dec 12, 2023 4:47am
Quoting FT.Trader
{quote} the 3 bar triangle is the when the first 2 days have either a higher high or a lower low from each other but no outside bar the 3rd day's range falls inside the range of the prior 2 days it is considered an area of balance from which breakouts often occur it was made popular by Linda Rashke who has done a few videos on the subject she says it works best when it is far awat from the 20 day ema it also tends to happen on days prior to important data releases i personally will trade the day prior to important data releases by buying or selling...
an example of a 3 bar triangle on the daily on 11-13-23 that worked out
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  • #113,686
  • Dec 12, 2023 4:49am Dec 12, 2023 4:49am
little short here
You have an IQ lower than 90 if you interact with this user.
  • #113,687
  • Dec 12, 2023 4:54am Dec 12, 2023 4:54am
I think today needs to close above 0794, or 0797, broker depending. A close +0798 should clear these. This is a try. Closing today below 0754 is a likely rejections for 0706 0700 coming.. ATM pa is above 0794/97. But bulls have to hold those +. The 12h did not closes above 0794/97. This may be a head fake atm.

If a head fake. Pa may not go much past 0798 +20/25 pips above. Before dropping back into the range
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those who can, do. those who cant, talk about those who can
  • #113,688
  • Dec 12, 2023 5:04am Dec 12, 2023 5:04am
Bulls want to hold on, to close a day +0798.
Bears below 0754.
When pa hit 0794/98.. It usually needs to break 20 + above 0798 sustaned. Or it has a good chance of rejection
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those who can, do. those who cant, talk about those who can
  • #113,689
  • Dec 12, 2023 5:09am Dec 12, 2023 5:09am
on IC its 0797.7..
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those who can, do. those who cant, talk about those who can
  • #113,690
  • Dec 12, 2023 6:10am Dec 12, 2023 6:10am
1.3 hs away
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those who can, do. those who cant, talk about those who can
  • #113,691
  • Dec 12, 2023 7:18am Dec 12, 2023 7:18am
I don't recall seeing cpi and fomc statement one day after the next
  • #113,692
  • Dec 12, 2023 7:23am Dec 12, 2023 7:23am
Quoting FT.Trader
I don't recall seeing cpi and fomc statement one day after the next
Good point.
You have an IQ lower than 90 if you interact with this user.
  • #113,693
  • Dec 12, 2023 7:24am Dec 12, 2023 7:24am
Quoting FT.Trader
I don't recall seeing cpi and fomc statement one day after the next
It's coming.
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those who can, do. those who cant, talk about those who can
  • #113,694
  • Dec 12, 2023 7:26am Dec 12, 2023 7:26am
I must live in a alternative reality. Where debating someone, shows more bravery than standing on a battlefield.
those who can, do. those who cant, talk about those who can
  • #113,695
  • Dec 12, 2023 7:29am Dec 12, 2023 7:29am
Quoting gatorinla
I must live in a alternative reality. Where debating someone, shows more bravery than standing on a battlefield.
how about this: i’m short.
You have an IQ lower than 90 if you interact with this user.
  • #113,696
  • Dec 12, 2023 7:34am Dec 12, 2023 7:34am
Quoting Ferna
{quote} how about this: i’m short.
You should've eaten all your vegetables'.
those who can, do. those who cant, talk about those who can
  • #113,697
  • Dec 12, 2023 7:37am Dec 12, 2023 7:37am
Quoting gatorinla
{quote} You should've eaten all your vegetables'.
they too expensive. Hey i heard they might draft Gen-z soon in U.S?
You have an IQ lower than 90 if you interact with this user.
  • #113,698
  • Dec 12, 2023 7:47am Dec 12, 2023 7:47am
Quoting Ferna
{quote} they too expensive. Hey i heard they might draft Gen-z soon in U.S?
i was watching aj last night
they had footage of the ukranian army
these soldiers were old and grey
i didn't see any young men there
  • #113,699
  • Dec 12, 2023 7:50am Dec 12, 2023 7:50am
Quoting Ferna
{quote} they too expensive. Hey i heard they might draft Gen-z soon in U.S?
I think all 18+ in the U.S. should be forced into a service. To teach them a skill, discipline and responsibility. Once someone has a skill. They can be a better citizen. Lessens the chance of no skilled thug. Only qualified to flip burgers, or corner sales.
If all generations had some sort of training. One would need to think twice about hijacking a plane, or shooting up a nightclub.
those who can, do. those who cant, talk about those who can
  • #113,700
  • Dec 12, 2023 7:55am Dec 12, 2023 7:55am
Quoting Ferna
{quote} they too expensive. Hey i heard they might draft Gen-z soon in U.S?
I grow my own
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those who can, do. those who cant, talk about those who can
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