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dojirock
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Postby dojirock » Wed Apr 03, 2013 3:43 pm

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.


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

Image

Lower tf find entry when above ema

Image

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?
"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!"

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dojirock
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Postby dojirock » Wed Apr 03, 2013 3:46 pm

A wedding dress?

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.

:-)
"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!"

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dojirock
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Postby dojirock » Wed Apr 03, 2013 3:47 pm

ah...i get it....I see the site got hacked again.....
"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!"

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Postby trueblueTEX » Wed Apr 03, 2013 3:48 pm

dojirock wrote:A wedding dress?

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.

:-)


Didn't you see the spam on the Main page? How to save a wedding dress...

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dojirock
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Postby dojirock » Wed Apr 03, 2013 3:49 pm

:D

thought you went off the edge......for a minute there
"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!"

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Postby trueblueTEX » Wed Apr 03, 2013 3:52 pm

dojirock wrote: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.


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

Image

Lower tf find entry when above ema

Image

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?


Hey doji

Like I said in my post earlier I don't recall the word "bias" being used so much until the last few days.

It sounds like 'bias' is what MO refers to as chart analysis on a higher TF chart but entry on a lower TF chart. Hopefully I'm not misrepresenting MO :-)

So, if m30 is your bias chart, are you entering off of PA from m5 or m15?

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Postby trueblueTEX » Wed Apr 03, 2013 3:53 pm

dojirock wrote::D

thought you went off the edge......for a minute there


Well that's a given, but.....

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dojirock
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Postby dojirock » Wed Apr 03, 2013 3:54 pm

Next step.

Remember I am only talking bias.
All my short zlines are ONLY drawn from bullish candle opens.
All my short zlines are ONLY drawn from green candle opens.
All my short zlines are ONLY drawn from UP candle opens.

All my long zlines are ONLY drawn from bearish candle opens.
All my long zlines are only drawn from red candle opens.
All my long zlines are only drawn from DOWN candle opens.

I am talking about bias on a given time frame.
"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!"

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dojirock
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Postby dojirock » Wed Apr 03, 2013 4:00 pm

True,

Yes, in this scenario your exactly right...my entry time frame would be less than the 30 minute.

The whole reason for this discussion is that there seemed to be alot of frustration of why I took trades in one spot and not on another. It is due to my bias. You must know or have a bias in mind before you take a trade or your just gambling.


trueblueTEX wrote:
dojirock wrote: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.


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

Image

Lower tf find entry when above ema

Image

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?


Hey doji

Like I said in my post earlier I don't recall the word "bias" being used so much until the last few days.

It sounds like 'bias' is what MO refers to as chart analysis on a higher TF chart but entry on a lower TF chart. Hopefully I'm not misrepresenting MO :-)

So, if m30 is your bias chart, are you entering off of PA from m5 or m15?
"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!"

User avatar
trueblueTEX
rank: 500+ posts
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Posts: 532
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Postby trueblueTEX » Wed Apr 03, 2013 4:34 pm

dojirock wrote:... You must know or have a bias in mind before you take a trade or your just gambling.


gotcha
:wink:

So where does H1 play into it if you are drawing your lines on m30?

Do you
1) draw zlines on m30
2) look for failure on h1
3) enter on m15 or m5 pa

Or am I reading too much into it?

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