dojirock wrote:yes, cwin your right on the mark.
That's all i'm doing, but using a higher time frame for a bias of s/d and a lower time frame to get the best price off the higher s/d.
Dragon does't the same, with 3 time frames.
I have known that for a long time, its coming up with a way you can recognize and pull the trigger while live trading that is the key. When I lose, my losses are small. Winners are bigger. But Im sure you can tell now how easy it is for me to hit my 20 pips a day minimum goal?cwn6161 wrote:just looking for some clarification here - arent all zlines trying to accomplish is just s/d areas and whether or not price respects the s/d and reverses, or blows through it and creates a new trend?
It is interesting, because MO's description of s/d in terms of consecutive candles has really made some lights go on in my head. I can see larger/small consecutive candles, look for reverses or breakouts of those levels, and then look for price to zline that reversal/breakout.