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Looking for a 15M Breakout Strategy

  • #21
  • Feb 12, 2014 3:31pm Feb 12, 2014 3:31pm
16 hours a day on charts and thinks the 1, 5 and 15 minute are random.... I can't wait until these random events buy my jet.... That's got to be a sarcastic post and I didn't get it, right? It was a joke and I missed the humor I guess... What a trip....
SPC * Swollen PocketZ Crew!
  • #22
  • Feb 12, 2014 4:07pm Feb 12, 2014 4:07pm
Quoting JoeNY
16 hours a day on charts and thinks the 1, 5 and 15 minute are random.... I can't wait until these random events buy my jet.... That's got to be a sarcastic post and I didn't get it, right? It was a joke and I missed the humor I guess... What a trip....
I do appreciate somebody committing themselves to a single time frame, be it, 1, 5, 15, H1....

I even appreciate somebody that commits themselves to 16 hours of market per day...

Been there, done that...

But what I have no appreciation for, is somebody that trades off of the H1 needing to commit 16 hours per day watching the fucker. It's like, Really? What in the actual fuck are you doing for those 16 hours? Watching priceline bounce on a candle like a fucking pogostick?

And

In that time doesn't toggle through the time frames to realize that pattern recognition, supply and demand and even indicator based trade concepts are as applicable to all time frames under the same optics and that only the range changes.

I've visited a lot of trade concepts and market interpretations...the only one I haven't quite gotten a handle on is the "Ignorance is Bliss", angle.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #23
  • Feb 12, 2014 4:13pm Feb 12, 2014 4:13pm
Yeah man and if I may add..... he's totally breaking the first rule of trading..

1.) Don't stare at charts more than boobs.

You gotz ta stick to da rulez...


Quoting Magix
{quote} I do appreciate somebody committing themselves to a single time frame, be it, 1, 5, 15, H1.... I even appreciate somebody that commits themselves to 16 hours of market per day... Been there, done that... But what I have no appreciation for, is somebody that trades off of the H1 needing to commit 16 hours per day watching the fucker. It's like, Really? What in the actual fuck are you doing for those 16 hours? Watching priceline bounce on a candle like a fucking pogostick? And In that time doesn't toggle through the time frames to realize...
SPC * Swollen PocketZ Crew!
  • #24
  • Feb 13, 2014 5:43am Feb 13, 2014 5:43am
Quoting Magix
{quote} Just because you still require 16 hours a day to not understand markets, doesn't mean you have the only realistic market opinion. Personally, I cannot be bothered with anything above the M5 charts...I don't need to. Speech this, bullshit that...press me here... BLA BLA BLA... Sorry dude, if you are stuck on the H1 TF...stay out of the M15... Nobody cares what you think.
alright i should have studied before commenting , will take to learn from this .
  • #25
  • Feb 13, 2014 7:38am Feb 13, 2014 7:38am
You're alright Tank... You took your lumps like a man....

Quoting tankokjian
{quote} alright i should have studied before commenting , will take to learn from this .
SPC * Swollen PocketZ Crew!
  • #26
  • Feb 13, 2014 8:44am Feb 13, 2014 8:44am
Quoting tankokjian
{quote} alright i should have studied before commenting , will take to learn from this .
I agree with Joe.

Good form!

We may trade under different optics...But

You're alright in my books.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #27
  • Last Post: Feb 13, 2014 1:35pm Feb 13, 2014 1:35pm
Thumbs up here too

A rare post indeed, and also showing the strength of character to make it in the trading world.

Many pips to you Tank.

Paul
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