In fact, we must wait for the end of the move to draw the line?
I think...
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dojirock
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Because, there isn't a close above that line by a red candle!!!!
You would have to drop time frames to see that happen....
This is our bias time frame...it doesn't happen here....
Again....it has been said..."Price can fool you on one time frame some of the time but not on all of the time frames."
Come on guys.....lol
You would have to drop time frames to see that happen....
This is our bias time frame...it doesn't happen here....
Again....it has been said..."Price can fool you on one time frame some of the time but not on all of the time frames."
Come on guys.....lol
trueblueTEX wrote:(true is back for remedial zlines)
If we are drawing bullish zlines on the H1, why wouldn't we draw it like this:
?
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!"
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dojirock
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Correct!
onontsira wrote:2 candles or more, as News mentionned ealier...
In fact, we must wait for the end of the move to draw the line?
I think...
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!"
.gif "Laugh")
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trueblueTEX
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dojirock wrote:Fx, your definition is different than mine. You need a close of a red candle higher than a open of a red candle. You cant verify that until you have a close of a green candle.
I think I may have missed the proper definition of a zline. I thought it was just red candle closes and green candle closes Above red candle's open.
Are you saying that it takes at least 3 candles to form?
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trueblueTEX
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dojirock wrote:Come on MO, help me out here....lol
Speaking of MO, a few days ago you wrote to someone that you were going to see if you could find a particular chart from MO (maybe from 2009?) that turned the light on for you.
Did you ever get a chance to find that pic?
Thanks, dude, you are definitely helping!!
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dojirock
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Yes, true.....not easy....
Here are some fun facts...
Did you know MO has 317 pages of archived post, just form him!!!!
Here is a not so fun fact....
Looking for this one pic in all those post! lol
http://kreslik.com/forums/viewtopic.php?p=14275#14275
This one pic..really opened my eyes.... Dont ask me questions about it... just stare at it till your eyes bleed.
.gif "Kriz")
Here are some fun facts...
Did you know MO has 317 pages of archived post, just form him!!!!
Here is a not so fun fact....
Looking for this one pic in all those post! lol
http://kreslik.com/forums/viewtopic.php?p=14275#14275
This one pic..really opened my eyes.... Dont ask me questions about it... just stare at it till your eyes bleed.
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
- Reputation: 2
- Gender:
dojirock wrote:Yes, true.....not easy....
Here are some fun facts...
Did you know MO has 317 pages of archived post, just form him!!!!
Here is a not so fun fact....
Looking for this one pic in all those post! lol
http://kreslik.com/forums/viewtopic.php?p=14275#14275
This one pic..really opened my eyes.... Dont ask me questions about it... just stare at it till your eyes bleed.
Kewl!!!
Yes, there is GOBS of info scattered all over the place here. I first came here in 2010 after an "internship" (read got my ass handed to me!!) over at forex factory. Then I just quit for a couple of years and when I came back I've been trying to figure out the final outcome of what the last couple of years have produced.
It's hard to piece together, that's for sure.
I'm just glad that some of the old gang is still around.
Thanks for searching for it!!!!!
Now, do you have MO's archives in correct order?
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dojirock
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Here is the zline pic from the usd/cad trades. You asked about the level I used to determine that line.
- Attachments
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- usdcadm5.png (56.45 KiB) Viewed 3325 times
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!"
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
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