I want to play a TRADING GAME with you all....

Discussion in 'Trading' started by SoyUnGanador, Mar 26, 2022.

  1. You asked for the easiest one that I could explain to a third grader. That's it. I have indicators that help point out if we are starting and up trend or a downtrend and I have things to use to trigger into the trade, but it's all based on the pic:

    My trading plan.png

    I don't actually need indicators. I could use trendlines by themselves. They show so much that is helpful for entering trends, staying in trends or noticing the change in momentum in a trend. I get lazy and don't draw them as often as I ought to, but I do love my trendlines!
     
    #101     Apr 7, 2022
  2. Here's an example of how I draw trendlines for finding trends and entering them:

    My trading plan with trendlines.png
     
    #102     Apr 7, 2022
  3. See, trendlines added with your Bearish Engulfing pattern add clarity to the set up:

    Bearish engulfing candle pattern with trendlines.png
     
    #103     Apr 7, 2022
  4. easymon1

    easymon1

    Ain't you sumpthin! lol
     
    #104     Apr 7, 2022
    studentofthemarkets likes this.
  5. lol
     
    #105     Apr 7, 2022
  6. easymon1

    easymon1

    #106     Apr 7, 2022
    studentofthemarkets likes this.
  7. #107     Apr 7, 2022
  8. ph1l

    ph1l

    That looks like a sinusoid.
    upload_2022-4-7_19-20-7.png
     
    #108     Apr 7, 2022
    studentofthemarkets likes this.
  9. #109     Apr 7, 2022
  10. easymon1

    easymon1

    Gloria gonna have to have a word with you fer sure!

    GloriaBrown, "Just draw some straight lines on chart and you will win money. Does that make any sense? Can you prove it works or it is a tale?"
    https://www.elitetrader.com/et/threads/does-trendline-work.335191/

    BTO turnin music into gold...More Cowbell!
     
    #110     Apr 7, 2022
    studentofthemarkets likes this.