Dieselboy's Zlines

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es/pip
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Postby es/pip » Tue Oct 27, 2009 2:27 am

i don't know about all that


anchor your lines to the candle you are basing them off of

so i can see what you are basing your decisions off of
Bend over and assume the position for another 4 years of hope and change.

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dieselboy101
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Postby dieselboy101 » Tue Oct 27, 2009 2:41 am

My bad bro its the bear candle at 00 gmt time.

Diesel

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es/pip
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Postby es/pip » Tue Oct 27, 2009 2:57 am

i still dont see it

post another chart and anchor the line off the candle u r using

trying to understand why you would short that low on the move

and why you would go long there based on the m15
Bend over and assume the position for another 4 years of hope and change.

dieselboy101
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Postby dieselboy101 » Tue Oct 27, 2009 4:08 am

I'm not home yet but wen I get home I will post another chart. Sorry about the confusion broda lol

Respect,
Diesel
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Kenyuki
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Postby Kenyuki » Tue Oct 27, 2009 9:31 am

Hi dieselboy101,

I hope you don't mind me asking:

- Is there any specific reason why you chose USDJPY and EURJPY?

- What is your money management?

- Who's your daddy?...Aaah, I mean broker :lol:

Cheers,
Ken.

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dieselboy101
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Postby dieselboy101 » Tue Oct 27, 2009 12:40 pm

Es/pip- I'm not home yet (I hate my job lol) but when I get home I will draw the line from the bar where I entered.
Kenyuki- right now I'm only doing 10 cents a pip since I'm kinda new at zlines, I use those pairs and eurusd and gbpusd ONLY cuz spread is lowest. Also I use forex.com as me broker.
STAY HUNGRY

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Postby dieselboy101 » Tue Oct 27, 2009 7:32 pm

for Es/pip (I thank you for taking the time to help me bro)

M15 chart


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Postby dieselboy101 » Tue Oct 27, 2009 7:43 pm

now on the M5 chart!



So maybe im thinkin i need to wait for m5 candle to close and see if there is momentum? Yet that would probably get me in lower than what I got in before....

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Postby dieselboy101 » Tue Oct 27, 2009 7:46 pm

in regards to your "why would you go long"... I believe it would be called a reversal?? off the zline. I wish I knew who said it on the "Never lose again" thread...

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Diesel
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es/pip
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Postby es/pip » Tue Oct 27, 2009 8:47 pm

ok i kind of see now


not saying it is wrong

you just want to make sure you try and get long or short of the first chance---earlier in the move---- the lower/higher carries more risk




Image
Bend over and assume the position for another 4 years of hope and change.

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