ZLINES...

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brettnchrism
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Re: ZLINES...

Postby brettnchrism » Tue May 15, 2018 1:20 pm

Mr. Hyde wrote:
brettnchrism wrote:Image

Ok here is gu shot mo at the 50% line, I have an hour that closed below the up candle small pull back and I went short at the arrow candle, stop is at the swing high. I believe this is a good sell set up?


Well first I wouldn't be trading right now. 2nd your not at a 4hr or 1hr 50% area or where a 1hr/4hr candle broke out. The only reason I could see taking that trade would have been a close over/close under of a dragon line. Not saying its right or wrong, its just not a trade I would take.


Image

Mr Hyde here is my chart on H4, I thought that hour entry was correct. At 50% area H4, then got a hour close below an up bar. I am still trying to see
these set ups. Ive added some indicators to my chart see if they stand out. Thanks you for your help.
Your friend Brett

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Re: ZLINES...

Postby Mr. Hyde » Tue May 15, 2018 1:23 pm

brettnchrism wrote:
Mr. Hyde wrote:
brettnchrism wrote:Image

Ok here is gu shot mo at the 50% line, I have an hour that closed below the up candle small pull back and I went short at the arrow candle, stop is at the swing high. I believe this is a good sell set up?


Well first I wouldn't be trading right now. 2nd your not at a 4hr or 1hr 50% area or where a 1hr/4hr candle broke out. The only reason I could see taking that trade would have been a close over/close under of a dragon line. Not saying its right or wrong, its just not a trade I would take.


Image

Mr Hyde here is my chart on H4, I thought that hour entry was correct. At 50% area H4, then got a hour close below an up bar. I am still trying to see
these set ups. Ive added some indicators to my chart see if they stand out. Thanks you for your help.


Were just using different 4hr chart opens, that's all.

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Re: ZLINES...

Postby brettnchrism » Tue May 15, 2018 1:34 pm

Can some one explain dragon lines, my thought was places where price changed directons, like s/r lines on higher time frames?

thanks
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Re: ZLINES...

Postby Mr. Hyde » Tue May 15, 2018 1:38 pm

Hum, can you say awesome reason to hold your shorts from yesterday and to look for shorts all week long, until we hit 129 at support and a crash zone. Lets see.
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Re: ZLINES...

Postby Mr. Hyde » Tue May 15, 2018 1:39 pm

brettnchrism wrote:Can some one explain dragon lines, my thought was places where price changed directons, like s/r lines on higher time frames?

thanks


You got it. Look at where price changes from long to short or vice versa.

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Re: ZLINES...

Postby Mr. Hyde » Tue May 15, 2018 1:50 pm

LeMercenaire wrote:
Mr. Hyde wrote:Someone just sold the s**t out of the euro.

I thought it was you...


Haha, maybe one day. Just looked at the dollar index. That explains it.

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Re: ZLINES...

Postby brettnchrism » Tue May 15, 2018 2:14 pm

Image

what I see on ej h4 chart looking to sell, im using 5pm est daily close chart I guess they might be different than others not sure how much daily close time matters?
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Re: ZLINES...

Postby Mr. Hyde » Tue May 15, 2018 2:43 pm

Doubled the account in 2 days :D

It was just to easy not to the way today unfolded and having add the ES to my arsenal (thanks Lem).
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Re: ZLINES...

Postby LeMercenaire » Tue May 15, 2018 3:39 pm

Mr. Hyde wrote:Doubled the account in 2 days :D

It was just to easy not to the way today unfolded and having add the ES to my arsenal (thanks Lem).


It's a handy addition to have. It can fill in the spaces on the day :D

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Re: ZLINES...

Postby brettnchrism » Tue May 15, 2018 7:42 pm

LeMercenaire wrote:
Mr. Hyde wrote:Doubled the account in 2 days :D

It was just to easy not to the way today unfolded and having add the ES to my arsenal (thanks Lem).


It's a handy addition to have. It can fill in the spaces on the day :D


you guys trade the ES also along with forex? same way to trade it?
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