Journey of the ES - Wannalearn12

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Re: Journey of the ES - Wannalearn12

Postby naskorb » Thu Nov 30, 2017 9:38 am

LeMercenaire wrote:Played ''bouncy-bouncy'' for the rest of the arvo on the same DAX-Monster. Fun-fun-fun...

DAX30M15andanothertwoaetups22ndNov17.png


Hi Lem, still learning....
I saw that you are using exclusively S/D levels for your trades. I my short experience they are most precise for tp and sl and combined with some breakout strategy for entering an London or NY open.
Are you drawing them manually as Sam Seiden or other technique. If you trade on 5 or 1min TF what TF you consider for drawing major s/d zones at which you expect major reversals and considering puting TP or SL's.
I have a lot more questions for you :oops: ...but will question lately, not to tire you. :lol:

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Re: Journey of the ES - Wannalearn12

Postby LeMercenaire » Fri Dec 01, 2017 1:13 am

naskorb wrote:
LeMercenaire wrote:Played ''bouncy-bouncy'' for the rest of the arvo on the same DAX-Monster. Fun-fun-fun...

DAX30M15andanothertwoaetups22ndNov17.png


Hi Lem, still learning....
I saw that you are using exclusively S/D levels for your trades. I my short experience they are most precise for tp and sl and combined with some breakout strategy for entering an London or NY open.
Are you drawing them manually as Sam Seiden or other technique. If you trade on 5 or 1min TF what TF you consider for drawing major s/d zones at which you expect major reversals and considering puting TP or SL's.
I have a lot more questions for you :oops: ...but will question lately, not to tire you. :lol:

Hi naskorb.

Yeah, I have progressively become more and more keen on the S+D Zones. I now use them on all of the methods in my stable.

I can draw them myself - I always figure that the best way to understand the engine mechanics of something, is to get under the hood and get your hands dirty. After that, you can happily sit back and let the machine do its job the way it was designed to do.

Right, I've stretched that metaphor as far as it can go without snapping it completely, lol.

Anyway, to get back on track - I can draw them but I now rely on the indi to do the legwork. This is not the first one I have tried - and to be fair, there was nothing particularly wrong with the others - but this one does everything I need. It does have some bells-and-whistles in there but I don't use them.

It draws the zones for whatever tf I have open on the chart at the time.

I will look for my trade set-ups on the H1, then look up higher for directional bias info. From there, I will drop down to the low tf for my entries.

I find that what I call the ''micro-zones'' of these lower time-frames are more fluid and prone to ''blow-through'' but that's acceptable, as I already have my directional preference set at this point. All I am looking for now, is a zone to bounce off of. If price is sitting in between a Supply and a Demand Zone, then I will wait until it makes it up (or down) to one or the other. If there is too much distance between price and one of these micro-zones, then I will leave it alone.

You will find that in these cases, it is likely that this will be one of the times when you will have price either blow-through or at the very least enter deep into one of the zones on the higher time-frame before turning (if it does at all).

I'll leave you with that for now - sorry, it kind of turned into a novel, or at least a short-story, lol - so you can mull it over for a bit. However, I have no problem with you asking as many questions as you like.

I don't pretend to be any kind of super-expert on S+D Zones - as I said, I just get out of it what I need - but I'm certainly happy to answer any questions you may have on the way I make use of them.

I never tire of talking about trading :lol:

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Re: Journey of the ES - Wannalearn12

Postby naskorb » Tue Dec 05, 2017 7:29 am

LeMercenaire wrote:
naskorb wrote:
LeMercenaire wrote:Played ''bouncy-bouncy'' for the rest of the arvo on the same DAX-Monster. Fun-fun-fun...

DAX30M15andanothertwoaetups22ndNov17.png


Yeah, I have progressively become more and more keen on the S+D Zones. I now use them on all of the methods in my stable.

How do you prefer to use 'the zones' on 1-2-3 and HoLo setups. Are you waiting the current daily HH or LL to enter the zone or be near it . Do you exclude setups with large SL, or prefer to take them but with smaller lot size, if they qualify :oops: .

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Re: Journey of the ES - Wannalearn12

Postby LeMercenaire » Wed Dec 06, 2017 12:39 am

naskorb wrote:
LeMercenaire wrote:
naskorb wrote:


Yeah, I have progressively become more and more keen on the S+D Zones. I now use them on all of the methods in my stable.

How do you prefer to use 'the zones' on 1-2-3 and HoLo setups. Are you waiting the current daily HH or LL to enter the zone or be near it . Do you exclude setups with large SL, or prefer to take them but with smaller lot size, if they qualify :oops: .

Sorry, been on enforced layoff due to GF being on holiday and my having to do GF ''stuff'' (which I don't really appreciate doing - I'm not a very good boyfriend...more the type that mothers warn their daughters about, lol).

Anyway, I first check the zones on the higher tf - though not that high, I suppose, the H1. All of my methods look at PA on the H1 to trigger entries.

I may then check up on the H4, Daily to see how the Wick-Zones overlay on this.

Once price on the H1 is approaching the zone in question, I'll drop down to see how the micro-zones are setting up (if at all).

How I go from here will depend on which method I'm running. If it's 1-2-3 (and I'm talking TooSlow's 1-2-3, not the 1-2-3 pattern method featured on here), then I will wait for those entry criteria to be fulfilled, no matter what any S+D Zones are doing. The zones are add-on info.

If it is HOLO, then I will wait till price enters the HOLO area as required by the method but will not necessarily wait for a candle to open in the area as TooSlow's variant asks for. Instead, I will use a ''dipped'' entry and go in so long as price has entered the Area-of-Interest and come back out over the entry level.

You have to bear in mind that my overview of all of this is coloured by Wick-Zone. I layer multiple methods with the same base DNA to create one smooth method. One leads into the other into the other.

I don't adjust lot size, I will look for set-ups that give me as many of my boxes ticked as possible and this gives me a lot of weight behind entry confidence.

Huge stops don't come into it, as none of these methods will give set-ups with huge stops.

I don't let trades run against me - I will counter-trade to lock in any negative figure and wait for the next trigger to clear that negative. Even if I didn't counter, I'd rather close and re-enter, than sit on my hands on the off-chance that a move will eventually turn back in my direction.

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Re: Journey of the ES - Wannalearn12

Postby Leoheart » Wed Dec 06, 2017 12:51 am

LeMercenaire wrote:
naskorb wrote:
LeMercenaire wrote:


Yeah, I have progressively become more and more keen on the S+D Zones. I now use them on all of the methods in my stable.

How do you prefer to use 'the zones' on 1-2-3 and HoLo setups. Are you waiting the current daily HH or LL to enter the zone or be near it . Do you exclude setups with large SL, or prefer to take them but with smaller lot size, if they qualify :oops: .

Sorry, been on enforced layoff due to GF being on holiday and my having to do GF ''stuff'' (which I don't really appreciate doing - I'm not a very good boyfriend...more the type that mothers warn their daughters about, lol).

Anyway, I first check the zones on the higher tf - though not that high, I suppose, the H1. All of my methods look at PA on the H1 to trigger entries.

I may then check up on the H4, Daily to see how the Wick-Zones overlay on this.

Once price on the H1 is approaching the zone in question, I'll drop down to see how the micro-zones are setting up (if at all).

How I go from here will depend on which method I'm running. If it's 1-2-3 (and I'm talking TooSlow's 1-2-3, not the 1-2-3 pattern method featured on here), then I will wait for those entry criteria to be fulfilled, no matter what any S+D Zones are doing. The zones are add-on info.

If it is HOLO, then I will wait till price enters the HOLO area as required by the method but will not necessarily wait for a candle to open in the area as TooSlow's variant asks for. Instead, I will use a ''dipped'' entry and go in so long as price has entered the Area-of-Interest and come back out over the entry level.

You have to bear in mind that my overview of all of this is coloured by Wick-Zone. I layer multiple methods with the same base DNA to create one smooth method. One leads into the other into the other.

I don't adjust lot size, I will look for set-ups that give me as many of my boxes ticked as possible and this gives me a lot of weight behind entry confidence.

Huge stops don't come into it, as none of these methods will give set-ups with huge stops.

I don't let trades run against me - I will counter-trade to lock in any negative figure and wait for the next trigger to clear that negative. Even if I didn't counter, I'd rather close and re-enter, than sit on my hands on the off-chance that a move will eventually turn back in my direction.


Hi, can please explain the last paragraph using a chart? I think I understand to some degree.
Reflect: Sometimes you get a one punch knockout, other times you have to go all 12 rounds.

Upper cut? Feel the pain, but you must finish the match & and not agonize over how much your jaw hurts from one lousy punch.

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Re: Journey of the ES - Wannalearn12

Postby Mira » Wed Dec 06, 2017 9:50 am

LeMercenaire wrote:Sorry, been on enforced layoff due to GF being on holiday and my having to do GF ''stuff'' (which I don't really appreciate doing - I'm not a very good boyfriend...more the type that mothers warn their daughters about, lol).



:lol:

GFs are Anti-Trading.
They look at you when you are at the screen like: [-(
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Re: Journey of the ES - Wannalearn12

Postby Leoheart » Wed Dec 06, 2017 12:59 pm

Mira wrote:
LeMercenaire wrote:Sorry, been on enforced layoff due to GF being on holiday and my having to do GF ''stuff'' (which I don't really appreciate doing - I'm not a very good boyfriend...more the type that mothers warn their daughters about, lol).



:lol:

GFs are Anti-Trading.
They look at you when you are at the screen like: [-(


Mira, I wonder if your GF will exhibit the same behavior when you start bringing home boats upload of cash. In society, people are generally valued on how much income they can produce. Numbers appearing & sometimes disappearing from a piece of paper, increase/decrease a person worth?
Reflect: Sometimes you get a one punch knockout, other times you have to go all 12 rounds.

Upper cut? Feel the pain, but you must finish the match & and not agonize over how much your jaw hurts from one lousy punch.

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Re: Journey of the ES - Wannalearn12

Postby LeMercenaire » Wed Dec 06, 2017 7:41 pm

Leoheart wrote:
Mira wrote:
LeMercenaire wrote:Sorry, been on enforced layoff due to GF being on holiday and my having to do GF ''stuff'' (which I don't really appreciate doing - I'm not a very good boyfriend...more the type that mothers warn their daughters about, lol).



:lol:

GFs are Anti-Trading.
They look at you when you are at the screen like: [-(


Mira, I wonder if your GF will exhibit the same behavior when you start bringing home boats upload of cash. In society, people are generally valued on how much income they can produce. Numbers appearing & sometimes disappearing from a piece of paper, increase/decrease a person worth?

Oh mine isn't anti-trading as such, only in the sense that it is something that doesn't involve us doing stuff together (and not even in that fun way :D ).

I give you...shopping for Christmas presents...painting walls...visiting family...on-and-on-and-on it goes... :P

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Re: Journey of the ES - Wannalearn12

Postby LeMercenaire » Wed Dec 06, 2017 8:00 pm

Leoheart wrote:
LeMercenaire wrote:
naskorb wrote:
Yeah, I have progressively become more and more keen on the S+D Zones. I now use them on all of the methods in my stable.

How do you prefer to use 'the zones' on 1-2-3 and HoLo setups. Are you waiting the current daily HH or LL to enter the zone or be near it . Do you exclude setups with large SL, or prefer to take them but with smaller lot size, if they qualify :oops: .

Sorry, been on enforced layoff due to GF being on holiday and my having to do GF ''stuff'' (which I don't really appreciate doing - I'm not a very good boyfriend...more the type that mothers warn their daughters about, lol).

Anyway, I first check the zones on the higher tf - though not that high, I suppose, the H1. All of my methods look at PA on the H1 to trigger entries.

I may then check up on the H4, Daily to see how the Wick-Zones overlay on this.

Once price on the H1 is approaching the zone in question, I'll drop down to see how the micro-zones are setting up (if at all).

How I go from here will depend on which method I'm running. If it's 1-2-3 (and I'm talking TooSlow's 1-2-3, not the 1-2-3 pattern method featured on here), then I will wait for those entry criteria to be fulfilled, no matter what any S+D Zones are doing. The zones are add-on info.

If it is HOLO, then I will wait till price enters the HOLO area as required by the method but will not necessarily wait for a candle to open in the area as TooSlow's variant asks for. Instead, I will use a ''dipped'' entry and go in so long as price has entered the Area-of-Interest and come back out over the entry level.

You have to bear in mind that my overview of all of this is coloured by Wick-Zone. I layer multiple methods with the same base DNA to create one smooth method. One leads into the other into the other.

I don't adjust lot size, I will look for set-ups that give me as many of my boxes ticked as possible and this gives me a lot of weight behind entry confidence.

Huge stops don't come into it, as none of these methods will give set-ups with huge stops.

I don't let trades run against me - I will counter-trade to lock in any negative figure and wait for the next trigger to clear that negative. Even if I didn't counter, I'd rather close and re-enter, than sit on my hands on the off-chance that a move will eventually turn back in my direction.


Hi, can please explain the last paragraph using a chart? I think I understand to some degree.


I'll try it without a chart first, as it's actually quite difficult to mark up on a chart without taking multiple screenshots of a trade developing.

Anyway, for ''counter'' read ''hedge'' or ''nedge'' if you prefer. Now, I'm going to simplify this, so I know there are subtleties in the execution that you will doubtless bring up but humour me.

Taking a Wick-Zone trade for instance. Short into the body. The trade goes a distance short but not enough to give me the full percents I'm looking for. Instead, it reverses back. Depending on how big the wick is, I will then enter a long trade at either the original entry level or at a predetermined level up into the wick. That gives me a ''floating loss''.

If price goes on to break the Wick Zone long, that's a new trigger, so I will enter long at that point and begin to unwind the hedge.

Now, before then, I will also have dropped down to the m5 and often m1 charts and scalped like a man-possessed between the micro-S+D Zones down there to add positive percents into the bank to eat away at that original floating loss, never letting those trades go negative at all (spread withstanding). As such, doing this may already have covered the floater before any second main trigger.

I adapt this basic technique in a couple of subtle ways depending on which method I am running at the time. On an AU H4 break morning trade for instance, I have rock-solid stats that prove a certain thing is likely to happen and so I can adjust my trade-management in a slightly different way to that used for HOLO for instance, or my DAX-Monster scalp and Dead Zone. However the base principle remains the same. Hold a loss in-limbo until it can be unwound with a later trigger.

I also appreciate that this technique isn't easily available to US-based traders without the use of a second broker (or a - cough-cough - overseas account).

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Re: Journey of the ES - Wannalearn12

Postby Mira » Wed Dec 06, 2017 9:30 pm

LeMercenaire wrote:
...

Now, before then, I will also have dropped down to the m5 and often m1 charts and scalped like a man-possessed between the micro-S+D Zones down there to add positive percents into the bank to eat away at that original floating loss, never letting those trades go negative at all (spread withstanding). As such, doing this may already have covered the floater before any second main trigger.

...



This is why it works, you can do it!
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