Dieselboy's Zlines

[dieselboy101]

then again price can come down and zl the traders who bought around 00:00 gmt..crap....lol well Im gonna stay confident..Im either gonna win or lose but if i lose Im looking for momo on the hourly chart to the downside to zl held profit from 00:00 gmt..

[adaseb]

Where did you enter exactly?

Kind of hard to tell since I am so used to looking at candlesticks

[pablo101]

nice one on getting started on DOP analysis dieselboy. I'm still trying to understand it myself Here's my EU lines and GU lines, what do you think?

[dieselboy101]

adaseb- i think thats bout where i entered, it was the second hour to wick the upward hourly momo. my take profit was 35 pips..if I could stay up att night i woulda gotten in that nice downward hourly momo bout 3 hours ago.

Pablo- U and I my friend are in the same boat. I know nothing but "the most common" angles so I plot them at highs and lows and try to find a pattern. I hope MO see's us trying and gives us some constructive criticism lol. One thing I dont know how to do is create a channel, understand what im saying? if not i will post a chart..WAIT! Did u copy my lines on your EU chart? or did u draw em yourself?? i hope u drew em yourself that way i know Im not the only one SEEING things hahaha

[dieselboy101]

The problem is (for me) that I can draw so damn many "major angles" and its gonna be like playing the lotto trying to figure out which angle its gonna follow. 75* is a major, is price gonna follow it?

[dieselboy101]

adaseb, here you go brother.



let me know what ya think..

much respect!

[dieselboy101]

i just thought of somethin!!!!!! pablo me boy! remember when MO said to "compress the charts"? I havent seen ANY charts from ANYONE that were compressed.....zoomed out, yes, but not compressed...

[dieselboy101]

this is from MO on page 526 in the NLA thread...I think this m1 chart is compressed....question is how much "compression" is needed and/or does it matter

[dieselboy101]

so we go from this:


to this:



so whats the formula?? price or angle increases by 2 or decreases by half??

[dieselboy101]

time out! page 523 in NLA thread:
MO is counting candles and pips to create angles...PABLO we cant just plot them all willy nilly like haha...we gotta do some math!! (im 21 years old been out of school only for a few years and I am dreading this lol)..

P.S. i dont know if I am doing ANYTHING correct...i will just stay confident.

Im hungry as a hoot owl, be back later..

Much respect!