Another NLA/Zline/Mbar Journal

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Mira
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Re: Another NLA/Zline/Mbar Journal

Postby Mira » Thu Apr 29, 2021 8:19 pm

Beautiful 8)

LegendofZline wrote:Here's another on. Ive added zline trading with Semafor trading per TRO. Worked out great this time. Any input. Tyring to keep it simple.
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Re: Another NLA/Zline/Mbar Journal

Postby LegendofZline » Mon May 10, 2021 6:10 am

Start of the week lets see where this one goes.
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Re: Another NLA/Zline/Mbar Journal

Postby LegendofZline » Mon May 10, 2021 6:32 am

No Good. Trade out on a fine tuned SL.

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Re: Another NLA/Zline/Mbar Journal

Postby cheunt3 » Tue May 11, 2021 1:15 pm

LegendofZline wrote:No Good. Trade out on a fine tuned SL.


Dotted white is your entry. I am not saying your trade couldn't have worked out. To me it looks like you were late and you bought too high for that TF. Maybe someone else could jump in with why it didn't work out technically.

I always try and wait for break out and break in.

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9c8dQHV.png
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m9d7fbq.png
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Should have listened to MO and Dchappy from the very start, could have prevented much heartache! :wink:
MO "Don't try to predict what will happen next, simply aim to consistently apply your ideas."

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Re: Another NLA/Zline/Mbar Journal

Postby LegendofZline » Tue May 11, 2021 5:19 pm

Here is one. I traded towards profit. green arrow entry - Waited for confirmation and wicked the past zline. any input would be great. Wish MO was still around. TP was at the top of move. =D> smaller tf setup because larger tf wasn't showing me anything at this point.
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Re: Another NLA/Zline/Mbar Journal

Postby Dan » Thu May 13, 2021 6:47 am

cheunt3 wrote:
LegendofZline wrote:No Good. Trade out on a fine tuned SL.


Dotted white is your entry. I am not saying your trade couldn't have worked out. To me it looks like you were late and you bought too high for that TF. Maybe someone else could jump in with why it didn't work out technically.

I always try and wait for break out and break in.

T2wrg4W.png

9c8dQHV.png

m9d7fbq.png

Should have listened to MO and Dchappy from the very start, could have prevented much heartache! :wink:


Thanks for sharing those charts, I've only just recently started using this idea

Basically H4 break out traders triggered in, look for entries to ride the pull back they eventually have to take.

https://www.youtube.com/watch?v=NLhdY-xjfzo

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Re: Another NLA/Zline/Mbar Journal

Postby LegendofZline » Fri May 21, 2021 8:48 pm

Can someone explain body in direction of profit? In a chart and explained.

My thought is an momentum bar closing over momentum bar.

Or is it a momentum bar closing toward a momentum above it.

Or is it both these critereias put together.

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Re: Another NLA/Zline/Mbar Journal

Postby LegendofZline » Sun May 23, 2021 2:46 am

LegendofZline wrote:Can someone explain body in direction of profit? In a chart and explained.

My thought is an momentum bar closing over momentum bar.

Or is it a momentum bar closing toward a momentum above it.

Or is it both these critereias put together.

I think I found my own answer to my questions.

a Body that closes opposite candle color towards a run of candles or closes over a run of candles is a body in direction of loss. see the very thin lines.
Looking over the charts this starts to makes sense. can wait to implement this.
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Re: Another NLA/Zline/Mbar Journal

Postby BambinoFlex » Sun May 23, 2021 3:24 am

LegendofZline wrote:
LegendofZline wrote:Can someone explain body in direction of profit? In a chart and explained.

My thought is an momentum bar closing over momentum bar.

Or is it a momentum bar closing toward a momentum above it.

Or is it both these critereias put together.

I think I found my own answer to my questions.

a Body that closes opposite candle color towards a run of candles or closes over a run of candles is a body in direction of loss. see the very thin lines.
Looking over the charts this starts to makes sense. can wait to implement this.


I do see it, cool, never understood that either. Now it makes more sense
"If you're wrong, guess what...thats TRADING"

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Re: Another NLA/Zline/Mbar Journal

Postby LegendofZline » Thu May 27, 2021 12:53 am

Been a little consistent at winning. In on this one lets see what happens. Price was inside higher tf mightyzone. Waited for price to have body towards profit and wick. entered. tp at xtreme or out if price isnt showing me its going that way.
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