ZLINES...

[PTG]

2018-03-28_2028.png (138.6 KiB) Viewed 2475 times

[arkan1976]

2018-03-28_2028.png

[PTG]

2018-03-28_2028.png

2018-03-28_2114.png (50.57 KiB) Viewed 2462 times

Anticipate price to continue down in the first place. That's what price usually does, more so than turn around. The turn will show itself, but one shouldn't see things that aren't there.

The scenarios depict what you'd like to see and what you don't want to see before you take action. In general, if price closes on the adverse side of 50% then it's off. As with the EURUSD earlier you see a reaction of price from the low, and then it peters out and closes below the 50%. That is something you definitely don't want to see; it needs to continue with some strength at least and not collapse like a pudding.

[arkan1976]

2018-03-28_2028.png

2018-03-28_2114.png

Anticipate price to continue down in the first place. That's what price usually does, more so than turn around. The turn will show itself, but one shouldn't see things that aren't there.

The scenarios depict what you'd like to see and what you don't want to see before you take action. In general, if price closes on the adverse side of 50% then it's off. As with the EURUSD earlier you see a reaction of price from the low, and then it peters out and closes below the 50%. That is something you definitely don't want to see; it needs to continue with some strength at least and not collapse like a pudding.

Today has been a great day,and i dont say this for make pips, im learning a lot ...
Thanks PTG.

[arkan1976]

no reason to go short

[arkan1976]

PTG please, wich is for you " the movement" , A or B?

[PTG]

PTG please, wich is for you " the movement" , A or B?

Not sure I understand your question.
What is it you want to achieve ?
What are you looking for ? Short ? Long ?
"The movement" to do what exactly ?
Are you referring to a particular post ?

[arkan1976]

I want to go long, then i´ll wait the price closes above 50% of the movement,
wich is for you the last bearish movement ?

[PTG]

I want to go long, then i´ll wait the price closes above 50% of the movement,
wich is for you the last bearish movement ?

You have to look at H4 now because your picture isn't providing clues.
First, you wait for momo long. Then, the pullback is to close above 50% of that momo.
Have a look at the screen shots below, hope that makes sense.
Remember nothing is set in stone and the situation where you want to look at may change over time. In any case, you have to wait for momo.

2018-03-28_2334.png (49.21 KiB) Viewed 2427 times

2018-03-28_2337.png (46.13 KiB) Viewed 2427 times

2018-03-28_2344.png (42.58 KiB) Viewed 2427 times

2018-03-28_2346.png (43.24 KiB) Viewed 2427 times

2018-03-28_2349.png (35.84 KiB) Viewed 2427 times

2018-03-28_2351.png (34.07 KiB) Viewed 2427 times

[MaximalEffort]

So I closed my Long from yesturday after Price closed over the White line. Last momo Up according to what I see.
Probably should have take profits before. Bulls were getting weaker and we have huge down momo to the left.
When to close and when to hold. I need to figure out.

After the close I shorted. Long Momo overcomed by short momo, wicks in direction of loss so I shorted.

Now we have the same dilema, do I close to I HODL.

MAXIMAL

Profit is profit, and loss is loss.

There is always a better way in hindsight.

Consistency matters.

On the matter of HODL: HOPE starts with HO as well. And bungee jump rubbers do snap

I hope this one snaps. LOL

MAXIMAL

I closed at 1.40780.

waiting for momo.

MAXIMAL