Dieselboy's Zlines

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dieselboy101
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Postby dieselboy101 » Mon Nov 02, 2009 2:41 am

ya know lol I was looking at the m15 chart you posted and was thinking to myself, "self, why were you looking to short when price has been moving down for awhile now?". I wasnt looking at the big picture but looking on the m15 chart price has been falling for sometime, so why was a looking to go short? dang!!
STAY HUNGRY

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es/pip
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Postby es/pip » Mon Nov 02, 2009 2:44 am

lol

i am long from .38

targeting the upper line as of now

but that could change



larger time frames always dominate the smaller
Bend over and assume the position for another 4 years of hope and change.

dieselboy101
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Postby dieselboy101 » Mon Nov 02, 2009 2:45 am

then again when I sat down, from the open it looks like price was goin up so I SHOULD be looking to sell, but i guess the market looks different from everyons P.O.V....i dunno i gotta think what exactly to look for.
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Postby dieselboy101 » Mon Nov 02, 2009 2:48 am

hahaha but what happens when the hour says up, 4 hour says down, day says up,......well u get the hint lol, i guess that would mean to sit on the sidelines hahaha
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Postby es/pip » Mon Nov 02, 2009 2:52 am

dieselboy101 wrote:hahaha but what happens when the hour says up, 4 hour says down, day says up,......well u get the hint lol, i guess that would mean to sit on the sidelines hahaha



i am not sure how to explain it

but after looking at it for a while you get a feel for how all the time frames tie into each other

depending on how they all form as a result of where they came from and where they are going---- sometimes you get crossed up but that is why you take small losers
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 » Mon Nov 02, 2009 2:56 am

like what just happened to me!!??!! so I realize that because I lost I should be looking for the next zline (and look at higher tf's to SEE whats really goin on lol).
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dieselboy101
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Postby dieselboy101 » Mon Nov 02, 2009 2:58 am

well look for next momo**
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Postby adaseb » Mon Nov 02, 2009 6:25 am

dieselboy101 wrote:trade i am currently in...attempting to sell because I see price heading up so i want to be in the first downward move....closed against me so I am currently attempting to b/e...




comments and criticisms are welcome!!

much respect,
Diesel


Hey. This would of been a good trade however in that area there are 2 Zlines each in a different direction.

One is that one that you took to go short the other is the one which was created by that large bull candle a few candles back.

Image

dieselboy101
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Postby dieselboy101 » Tue Nov 03, 2009 1:35 am

now I didnt take this trade but id like to know if anyone watches more than 2 tf's??


dieselboy101
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Postby dieselboy101 » Mon Nov 09, 2009 1:50 am

came in too late for the first zline up......then set a buy limit order for the one posted but it didnt get triggered...if it did it would have been a nice 15 20 pips



any comments??

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