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Magnetic Line Trading with KiwiOz

  • #1,201
  • Nov 19, 2014 7:32pm Nov 19, 2014 7:32pm
Quoting gjgjg
{quote} Roger, cheers for the feedback Can I just ask you about what made you draw lines from the peaks in the green box? Sorry to pick your brains again, just seeing if can get insight into the process a bit more. My understanding was that the points formed after the trend break were used primarily, but these are the last ones from the last trend. Is there particular reason to chose one over the other? Thanks again! {image}
O K. The lines should be taken from the last high of the old trend to the first high of the new trend. In this case price put in a lower high after the trend line had been broken. Being a "Lower" high was perfect to draw the lines as the lines should slope down from left to right when changing direction from down to up.
Hope that explains a little more. I am not the worlds best at putting explanations on paper which is why I let my charts do the talking for me.
Attached Image
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  • #1,202
  • Nov 19, 2014 8:58pm Nov 19, 2014 8:58pm
I drew this up yesterday s it was happening to show how using this method of MLs,the past can predict the future even on a 1min chart
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  • #1,203
  • Nov 19, 2014 9:12pm Nov 19, 2014 9:12pm
Quoting KiwiOz
I drew this up yesterday s it was happening to show how using this method of MLs,the past can predict the future even on a 1min chart {image}
Even the manipulators stop hunting spikes are forecast in advance. You just gotta be Johnny on the spot & able to interpretate the signs.
As always, the purple lines tell you when you got it wrong.
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  • #1,204
  • Nov 19, 2014 11:35pm Nov 19, 2014 11:35pm
Ozzie nearing the point of no return...
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  • #1,205
  • Nov 20, 2014 1:29am Nov 20, 2014 1:29am
hi Oz,
Can you write something on reversals? I mean something elaborate.
A trade should be based on an assumption based on facts
  • #1,206
  • Nov 20, 2014 1:47am Nov 20, 2014 1:47am
Quoting Mave
hi Oz, Can you write something on reversals? I mean something elaborate.
Why not.?? I guess you mean identifying trend ends.? Hope you got a chart or two to show what you are on about..Cheers
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  • #1,207
  • Nov 20, 2014 1:53am Nov 20, 2014 1:53am
Quoting KiwiOz
{quote} Why not.?? I guess you mean identifying trend ends.? Hope you got a chart or two to show what you are on about..Cheers
Trend ends and activity when a reversal is taking place.
Don't have a chart. Long term UJ/gold would be good examples.
A trade should be based on an assumption based on facts
  • #1,208
  • Nov 20, 2014 1:56am Nov 20, 2014 1:56am
I have one here...GU short trade?

Hi KiwiOz, is this valid?

CCI 4h and daily is on the downside.
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  • #1,209
  • Nov 20, 2014 4:00am Nov 20, 2014 4:00am
...Where are you? sleeping? new York is coming mate....
The Chonchy
  • #1,210
  • Nov 20, 2014 4:23am Nov 20, 2014 4:23am
Quoting KiwiOz
{quote} O K. The lines should be taken from the last high of the old trend to the first high of the new trend. In this case price put in a lower high after the trend line had been broken. Being a "Lower" high was perfect to draw the lines as the lines should slope down from left to right when changing direction from down to up. Hope that explains a little more. I am not the worlds best at putting explanations on paper which is why I let my charts do the talking for me. {image}
Cool, thats where I misunderstood until now, thanks a mil! Im off to experiment some more

UTRY pictured
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  • #1,211
  • Nov 20, 2014 4:34am Nov 20, 2014 4:34am
Quoting chonchy
...Where are you? sleeping? new York is coming mate....
Yo mate. Back again... talking to pommie mates in London on Skype..
EU still playing hard ball.
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  • #1,212
  • Nov 20, 2014 4:51am Nov 20, 2014 4:51am
Quoting KiwiOz
{quote} Yo mate. Back again... talking to pommie mates in London on Skype.. EU still playing hard ball.
........That 2513 is a tough cookie......but is going up me think.....you?
The Chonchy
  • #1,213
  • Nov 20, 2014 4:54am Nov 20, 2014 4:54am
Quoting KiwiOz
{quote} Yo mate. Back again... talking to pommie mates in London on Skype.. EU still playing hard ball.
The Chonchy
  • #1,214
  • Nov 20, 2014 4:56am Nov 20, 2014 4:56am
Quoting acit
I have one here...GU short trade? Hi KiwiOz, is this valid? CCI 4h and daily is on the downside. {image}
Hi acit.
Would be valid if it goes down but Maybe up for a retrace first..??

Also.. Take a look at the settings of my CCI.
14
14
25
34
1
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  • #1,215
  • Nov 20, 2014 7:14am Nov 20, 2014 7:14am
Quoting KiwiOz
{quote} Hi acit. Would be valid if it goes down but Maybe up for a retrace first..?? Also.. Take a look at the settings of my CCI. 14 14 25 34 1 {image}
Thanks Kiwi, I have changed mine.
  • #1,216
  • Nov 20, 2014 7:24am Nov 20, 2014 7:24am
Quoting chonchy
{quote}
pommie = prisoner of mother england, it's a derogatory term but yes this Britain sh!thole is full of debt loving slaves
Keep thinking I should emigrate....
KiwiOz, a few Qs if I may.....
Are you still drawing these lines by hand? How about the 'TL_by_denmark' indie?
Do you recommend Oz or Kiwiland?
Thanks and good trades my man
used to be undecided but nowadays can't make my mind up
  • #1,217
  • Nov 20, 2014 8:45am Nov 20, 2014 8:45am
Quoting mrcreosote
{quote} pommie = prisoner of mother england, it's a derogatory term but yes this Britain sh!thole is full of debt loving slaves Keep thinking I should emigrate.... KiwiOz, a few Qs if I may..... Are you still drawing these lines by hand? How about the 'TL_by_denmark' indie? Do you recommend Oz or Kiwiland? Thanks and good trades my man
.......Full of those here too...... I'm one of them...
The Chonchy
  • #1,218
  • Nov 20, 2014 7:05pm Nov 20, 2014 7:05pm
Quoting KiwiOz
{quote} Hey paddlepip. You really are getting the hang of those lines. Good work. Hope you are making lotsa pips.
Thanks mate. To be honest I find some of the results from your MLs a bit spooky.

Updated All ords:

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mrcreosote:

Definitely Aus: Better weather/beer and less tracksuit pants at formal functions (more thongs though.. without socks, which as a pom might make you feel a little uneasy).
Corripe Cervisiam!
  • #1,219
  • Nov 20, 2014 8:04pm Nov 20, 2014 8:04pm
Here goes.

kamikaze trade of the day:

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Corripe Cervisiam!
  • #1,220
  • Nov 20, 2014 8:23pm Nov 20, 2014 8:23pm
Quoting paddlepip
Here goes. kamikaze trade of the day: {image}
Not kamakaze but perhaps a little over ambitious. You are drawing from both wicks. Draw from body to body or wick to body. Not wick to wick. Problem is choosing which wick. Comes with experience. I have it targeting 116.55
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