The Weekly Crash Zone

If you don't know where to start, start here! Don't be afraid to ask questions.

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rushN4
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Postby rushN4 » Sat Apr 03, 2010 6:58 pm

No matter where life takes you, you will always check the market and always want to continue being a part of it. It's like that first true love, it will always be there no matter what the distance, no matter whether they are alive or dead.

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bredin
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Postby bredin » Sat Apr 03, 2010 8:38 pm

Monteiths Black

I try not to drink anything I can see through :)

G.
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
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PTG
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Postby PTG » Sat Apr 03, 2010 8:54 pm

There's no business like [strike]show[/strike] covid19 business.

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tmanbone
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Postby tmanbone » Sun Apr 04, 2010 12:28 am

Image

The Heidelberg Castle Keg would do well in the cellar.
"The simplicity of the markets is it's greatest disguise"

T

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PTG
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Postby PTG » Sun Apr 04, 2010 12:58 am

[flash width=480 height=250]http://www.freegames14.com/swf/Alcohol_and_Ammo.swf[/flash]
There's no business like [strike]show[/strike] covid19 business.

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PTG
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Postby PTG » Sun Apr 04, 2010 1:04 am

[flash width=690 height=480]http://www.spellentuin.nl/spellen/bierbar.swf[/flash]
There's no business like [strike]show[/strike] covid19 business.

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Patch
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Postby Patch » Sun Apr 04, 2010 1:50 am

tmanbone

I will take one of each in my cellar which happens to be where my trade command center is.

Please fill the big MaMa one with Coor Light so I can get through the night.

God Protect America
The Land That I Love
Patch
In the Cellar
InVA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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dragon33
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Postby dragon33 » Wed Apr 07, 2010 7:02 am

Patch wrote:dragon33

What is your favourite beer?

What's mine you ask? Coors Light. My son tells me it is "candy ass beer". Oh the young have so much to learn.

Patch
InVA


I like a dark Leffe but after all any Belgian beer is good if it doesn't taste sweet!
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

franck
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Postby franck » Sat Apr 10, 2010 4:00 am

it is going to be a busy month with all the recommendations :)

this is a must try! http://www.asahibeer.co.jp/english/

it is not what you drink but HOW you drink that is more important ;)
*Home Guide*

1) choose a bottle (it must be properly bottled) u love.

2) put it inside your freezer! yes freezer! for a few hours. Unless the bottle is NOT well made, it would withstand over-night freezer without being iced.

3) a few hours later, it shall be the coldest beer in the world!

Its my daily medication :)
* anyOne can be prOfitable tradING ANY line. see it?

Pro Trader
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Postby Pro Trader » Tue Apr 20, 2010 4:01 pm

MightyOne wrote:
prochargedmopar wrote:In a predicament now.
Price made it's low for week. Price broke into zone 1(tp 1) and now pulling back.

Long bias still after larger correction?

Image

Daily

Image

Hourly

Image


Targets do not create a bias, they are just there.

PRIORITY LIST:

1. High TF High/Low Extreme + Low TF PA

2. High TF Price Action

3. Targets

RULE OF THUMB:

If price is consecutively closing higher then it cannot be closing below resistance.

Image


Hi MO

I've been looking into the Crash Zone and I was wondering if you could advise me on some of the details.

With your rule of thumb regarding price consecutively closing higher, how do you define consecutively?

Looking at the UJ H4 chart below, I was at my screen by the time shown by the yellow line. Because the previous 5 candles were green, is that what constitutes consecutive in your books? Does there have to be a specifc number of previous same colour candles to qualify as consecutive.

Image

Similar thing on the chart below AUDUSD.

Image

What about the GU H4 chart below. 2 red candles stopped the consecutive flow of green candles but price then went on to reach the 1st Target. Would you only take the trades on UJ and AUDUSD or is there something else I'm missing that would have confirmed trading GU to the 1st Target safely.

Image

Price was within 20 pips of the Daily low on each pair at the times indicated. I'm just trying to work on how I could hold DTB Rat trades for longer.

Thank you for your time.

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