Dieselboy's Zlines

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pablo101
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Postby pablo101 » Wed Oct 28, 2009 2:41 am

PTG, your my fav guy/gal today, good explanation, thank you :)

PTG wrote:Allow me to also dump my freshly acquired 0.02$ into this madhouse of joy :shock:

This is what I see and by no means the only thing that can be seen, just what I see, and this may or may not give you some ideas which in both cases is quite alright :lol:

MO and others always hammer on putting things in a bigger perspective. Allow me to be the hammer this time around :smt080
Just so you know what you might have been concentrating on and perhaps were not aware of.

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What line? The line that tells you which way you are trading! - MO

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dieselboy101
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Postby dieselboy101 » Wed Oct 28, 2009 3:11 am

To both Es/pip and PTG- Many thanks, I have been followin lukx's thread also. I will be taking more trades tomorrow night as I have hardly gotten any sleep recently lol
STAY HUNGRY

dieselboy101
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Postby dieselboy101 » Wed Oct 28, 2009 3:16 am

es/pip wrote:ok i kind of see now


the lower/higher carries more risk



That ( i hope) really opened my eyes. Kinda excited for tomorrow..

Much respect guys,

Diesel

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PTG
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Postby PTG » Wed Oct 28, 2009 8:54 am

pablo101 wrote:PTG, your my fav guy/gal today, good explanation, thank you :)


LOL gal, you wish :twisted: :P :lol:

Good luck trading !

@Dieselboy101: same to you, good luck !
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Postby dieselboy101 » Thu Oct 29, 2009 8:00 pm

So my game plan for tonight is to watch the market if its goin up, plot zlines and wait for momo to the downside praying that i can get into a begining of a move..same thing if its goin to the downside.
STAY HUNGRY

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Postby Brookmyre » Thu Oct 29, 2009 9:21 pm

Hmmm, praying as part of my trading strategy.....I hadn't thought of that.... [-o< :lol:
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Postby dieselboy101 » Thu Oct 29, 2009 9:28 pm

hahaha well praying is all well and good but i need someone on the other end to answer them lol
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PTG
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Postby PTG » Thu Oct 29, 2009 9:39 pm

dieselboy101 wrote:So my game plan for tonight is to watch the market if its goin up, plot zlines and wait for momo to the downside praying that i can get into a begining of a move..same thing if its goin to the downside.


Up or down, that's the question :shock:

EJ follow-up, compare to previous chart and look what happened:

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Zoomed in:

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In less than 100 minutes the current H4 will be closed. I don't know what price is going to do. However, look at the pattern below. Stuff like this happens all the time, and you can use the fact that it is likely that price will return to a support/resistance level (retrace) when it has gone through. That should keep you occupied :wink:

Then, in less than 100 minutes, you might want to inspect H4 to see if there's any action. No idea really, wait and see. Price will go up, or it will go down. It's like a teeter-totter with people hopping on and off on either side all the time !

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Kenyuki
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Postby Kenyuki » Fri Oct 30, 2009 6:49 am

Brookmyre + dieselboy101, here's a prayer for you:

The Chartist's Prayer:

May my assessment of today's price action be based upon the facts, all of the facts and nothing but the facts.

May I not be influenced by fear, greed or the ill advised comments of others, which may be made in their interests and not in my own.

May I take into account the past history laid before me on this chart and make my assessment based on my knowledge and logic, and not on my emotions


Source: Anna Coulling


:lol:

Cheers,
Ken.

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Postby Brookmyre » Fri Oct 30, 2009 7:52 am

Thanks Ken. That's funny :) I think Id go with something shorter...

To whom it may concern.....please dont let me be stupid. Thankyou.

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