CW,
The m30 works best for me. Less noise, therefore less s d areas to observe.
Yeah, I'm pretty much scalping in between the 'zones, 'lines'. I'm looking for at least a 20 pip range between the zones, so I can at least take 10 - 15 pips. M30 gives you those 20 pip ranges.
I never understood mighty zones until I understood S D. For me a Mighty Zone is - How quickly price moves away from an area is a sign that when price returns to that area price will react as it did initially.
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CW
price is just bouncing between two daily S / D areas.
The last 2 days have hit a ceiling, which is why there seems to be many clusters of Supply areas on the m30, and many more on the m15.
My hope is that price will close above supply 880 on the daily, and it should be smooth sailing up to 960.
Just gotta wait for price to tell you where it wants to go...
price is just bouncing between two daily S / D areas.
The last 2 days have hit a ceiling, which is why there seems to be many clusters of Supply areas on the m30, and many more on the m15.
My hope is that price will close above supply 880 on the daily, and it should be smooth sailing up to 960.
Just gotta wait for price to tell you where it wants to go...
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dojirock wrote:Unless that is a very quick scalp, its dangerous trading int ot the hourly zline there going short. I would have put my stop there and been long. But I realize we all trade different time frames.LegendofZline wrote:I will do this challenge. But first what you think
First found bias
Lower tf find entry when above ema
Thanks for any input
Thanks for pointing out to whats at the the left of me. Cant
Believe I didnt see that
If a red 1hr bar closed over the green 1hr mbar would short be more inticing?
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You guys that have been around a while should be having all kinds of flashbacks....lol
"Close above, close below"
All my zlines are drawn on opens of candles....
All my zlines have a colorchange.....
It takes momentum to break and or move away from these lines.
"Close above, close below"
All my zlines are drawn on opens of candles....
All my zlines have a colorchange.....
It takes momentum to break and or move away from these lines.
cwn6161 wrote:pariah, that is a great explanation. I just got flashbacks of mighty zones
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
- dojirock
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Like pariah I love the 30 min time frame.....
Take your zline...it is your bias, your fortress untill it is broken by the hourly time frame. What is broken? Let me count the interpetations...lol Its a close over that zline....
Its a close over that zline by the hourly candle....Its not a close over that line by a 30 minute or less, that will be or could be the wick to draw you in. Its not anything hourly or above that crosses that zline without closing across it.
Take your zline...it is your bias, your fortress untill it is broken by the hourly time frame. What is broken? Let me count the interpetations...lol Its a close over that zline....
Its a close over that zline by the hourly candle....Its not a close over that line by a 30 minute or less, that will be or could be the wick to draw you in. Its not anything hourly or above that crosses that zline without closing across it.
LegendofZline wrote:dojirock wrote:Unless that is a very quick scalp, its dangerous trading int ot the hourly zline there going short. I would have put my stop there and been long. But I realize we all trade different time frames.LegendofZline wrote:I will do this challenge. But first what you think
First found bias
Lower tf find entry when above ema
Thanks for any input
Thanks for pointing out to whats at the the left of me. Cant
Believe I didnt see that
If a red 1hr bar closed over the green 1hr mbar would short be more inticing?
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
- dojirock
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A wedding dress?
Are you ok True......
??
Are you ok True......
??
trueblueTEX wrote:I don't know about you guys, but I got up yesterday morning worried about how to save a wedding dress.
Glad I checked in on Kreslik.
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
- trueblueTEX
- rank: 500+ posts
- Posts: 532
- Joined: Mon Apr 12, 2010 4:38 pm
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