Another NLA/Zline/Mbar Journal

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LegendofZline
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Postby LegendofZline » Fri Jan 18, 2013 3:41 pm

Just woke up. Ughhh.ill mark up the charts later to show you what I think i could have done

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LegendofZline
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Postby LegendofZline » Mon Feb 18, 2013 9:43 pm

Seeing a couple new changes in this thread lately. Just got back from vacation and now ready to put all my efforts in learning how to trade.

First of someone tell me

WHY CAN'T I SEE WHAT MO and TRO are showing me. I have read the babypips thread NLA before it was deleted. I read the NLA and the LUKZ thread... on kreslik. And dojirock's thread, the espip threads and I would read MO's thread but all that stuff is over beyond my head. So with that is there anything else I am missing... I still believe I am not seeing anything even after 3 years of reading and trial and errors trying to trade...

I am addicted to reading NLA here knowing I am missing that one post....

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PebbleTrader
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Postby PebbleTrader » Mon Feb 18, 2013 10:40 pm

"I am addicted to reading NLA here knowing I am missing that one post...."

That's your problem, your looking for "that one post"...which doesn't exist, those threads contain lot's of small "tools" / ideas that you can collectively use to build strategies around at appropriate times.
Life is just a journey

LegendofZline
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Postby LegendofZline » Tue Feb 19, 2013 12:53 am

I gotcha. I agree.

So if ideas I get from it don't work. I just will blindly continue trying new concepts until something starts working consistently. Which I have been doing.

The main thing that sticks out is

Trade what you see.
when there is break out trade what price is doing..

Momentum trade wicks when price looks like its going the other way tricking the small time traders. Find entry in smaller areas.

Trade towards where profit is held.

Getting wicked into the trade.

Dragons 0 50 100 areas

My thing is even pointing things out what I have learned, I am quite
not sure if this is even the right first steps of where I am trying to
get at. I don know i will post charts maybe it will click soon for me

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TygerKrane
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Postby TygerKrane » Tue Feb 19, 2013 3:37 am

>> Momentum trade wicks when price looks like its going the other way
>> tricking the small time traders. Find entry in smaller areas.
>>
>> Trade towards where profit is held.

You realize these are opposite direction trades, right?
Meaning, you might want to only focus on one, instead of chasing both and getting mixed signals as a result, during each of these "opportunities"...

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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LegendofZline
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Postby LegendofZline » Tue Feb 19, 2013 3:52 am

Yes totally. That's where I believe my downfall is. I read while trading and I read the threads I see concepts of how to trade and I wanna try each and everyone of those ways.

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TygerKrane
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Postby TygerKrane » Tue Feb 19, 2013 4:46 am

That and the fact that it sucks to sit on the sidelines and watch price MOVE without you trying to join in, all because you are waiting for price to get to YOUR preferred area to take an entry...

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

LegendofZline
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Postby LegendofZline » Thu Feb 21, 2013 1:56 am

My trade breakdown

4hr analysis

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LegendofZline
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Postby LegendofZline » Thu Feb 21, 2013 2:03 am

Traded when price couldn't close above 0% 1hr momo yellow line

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Postby LegendofZline » Fri Apr 12, 2013 4:43 pm

Sam sneiden
Do not trade toward break out....
Trade away from s/d
Mo
Reaction then trade action

Zlines are my edge...

Higher tfs rule.

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