The idea's we trade by, so we never lose again. p2. The students become the masters

[Mr. Hyde]

Lem would you have marked the black box as a S/D zone? If so would you have placed a limit order to get in. Im still trying to tell if a zone is more likely to hold then to break. The ones that hold like this seem only to allow to let price wick it and never close inside, making a preset limit the only way to get in the trade. Thanks man.

[Mr. Hyde]

Just read an article about the huge sell off in the aussie on thurs and fri. Looks to me like it might continue. AJ would be a pair I would def look at. Look at the daily, weekly and monthly. could be some beautiful selling.

[Leoheart]

II_CrashZone_mod.mq4
II_CrashZone.mq4

Mr. Hyde, Can you please a talk a little more about how you use the crash zones? Do you normally go from extreme to extreme? So if on cash zone2, then trade to cash zone1 and vis-versa. Or do you just look for Pa around these zones exit if you see something? What are the lines based on?

Would you know if this is similar to the 2015 Tro MP crash zones? post78340#p78340

Ill do some research of my mine, but would like to hear your thoughts.

Yea they are the same, mine are just the free one's, I think that's the only real difference. There just like an ATR gauge but for the weekly bar. Plus price will almost never leave the 2nd zone and if it does it means you have momo on the weekly chart. I just use it as confluence to some other price action when looking for an exit. Also if I believe Price is headed down and has moved up mon and tues I know that I still have the whole range down to still move and will look for any reason to take a trade in my direction. Its a move worth a couple hundred pips.

I used it on GJ and EA last week. GJ never reached its down zone and EA end up moving up on me, but before they did it was worth almost 400 pips off the first position. Then there was EJ to. GU sucked and never really did anything. But I was able to make a boatload of pips last week and for the most part my TP was based on the CZ.

Talking about ii_crash zone indi:Mr Hyde or anyone else still in contact with bredin? I have some programming questions about some of his Indis i would like to run by him. Insanity industries seems to down or not exist.

[Mr. Hyde]

Guys, after I thought a lot about a way to trade (since I haven’t so much time during the day) I found that trading only one timeframe is the final solution.

Can I ask you to help me with a doubt that I have?
I found that, after the zone is created, dropping a few timeframes gives you an extra precision for your trade.

But

when trading only one timeframe things become difficult for me.
At the moment I’m waiting for a candle to wick the zone, i place a limit order in the zone for the next candle.. but there are many fails that I’m not understanding.

How do you trade a zone without going down to smaller tf?

Thanks to everybody!

Here is how I traded EJ last week and it could have been done only looking at the 1hr chart. !st entry is a 123 TTE (shocker I never ever mention trading those) then the next 2 add's are line closed under retest said line and the 4th was a triangle BO. About 500 pips . No precision entry, no HTF telling you something else. Just easy simple trading.

Anyone notice anything yet. 90% of my trades are 123's, chart patterns (rectangles and triangles, no H&S to subjective not simple enough) and S/R.

Look at GJ 1hr. Find the triangle I traded on Monday and the 123 I traded on Tuesday. ITS SO SIMPLE. If you can find them after the fact why cant you find them before the fact. They form the same look, shape or setup time after time. Maybe its because you don't know it they will work out and will take a loss. Just remember know one knows if they will wwork out including me (hence why I post so many trades before they happen and turn out losers). I don't care if I lose, so long as I trade my trade plan which is to take every setup presented to me and let the market decide whether I lose or win. I purpesoly don't post a lot of my winners after the fact, just cuz it really doesn't do anyone any good. But showing my thoughts before a trade happens lets members see the thought process. Im a very systematic trader with a touch of discretion.

Guess what trades I will post next week. 123's, S/R, chart patterns, dragon style 4hr momo, and candlestick patterns. Yea there is the occasional trade that is different and that could be something new Im learning or testing out or it worked in confluence with what Im already doing.

Also a part of my trading. Turning a 30 pip sl trade into a possible masswive RR trade. Green lines are targets. See what is possible if you just clicked up the timeframes.

I love how Lem said most traders didn't even know Mt4 had a weekly chart. Could you imangine their thoughts about a monthly, haha.

[Mr. Hyde]

Mr. Hyde, Can you please a talk a little more about how you use the crash zones? Do you normally go from extreme to extreme? So if on cash zone2, then trade to cash zone1 and vis-versa. Or do you just look for Pa around these zones exit if you see something? What are the lines based on?

Would you know if this is similar to the 2015 Tro MP crash zones? post78340#p78340

Ill do some research of my mine, but would like to hear your thoughts.

Yea they are the same, mine are just the free one's, I think that's the only real difference. There just like an ATR gauge but for the weekly bar. Plus price will almost never leave the 2nd zone and if it does it means you have momo on the weekly chart. I just use it as confluence to some other price action when looking for an exit. Also if I believe Price is headed down and has moved up mon and tues I know that I still have the whole range down to still move and will look for any reason to take a trade in my direction. Its a move worth a couple hundred pips.

I used it on GJ and EA last week. GJ never reached its down zone and EA end up moving up on me, but before they did it was worth almost 400 pips off the first position. Then there was EJ to. GU sucked and never really did anything. But I was able to make a boatload of pips last week and for the most part my TP was based on the CZ.

Talking about ii_crash zone indi:Mr Hyde or anyone else still in contact with bredin? I have some programming questions about some of his Indis i would like to run by him. Insanity industries seems to down or not exist.

Never knew the man. You could always ask TRO

[Mr. Hyde]

Nice double top with, with its measured move putting price right at R turned S. Slidding parallels give a nice possible place to enter (also look at the 4hr chart def a place I would look to enter at).

eurusd-d1-fx-choice-limited.png

Looking at the weekly makes me like it even more.

This is just freaking art. Even tho my initial idea didn't work the overall idea was still in play. You just have to adjust. You have 2 levels of support broken (thicker black lines), then a trendline break with a 123 setup and a retest of the trendline!!!! Test and retest of the sliding parallel plus TTE entries or daily zlines.

[Mr. Hyde]

Then look at the entries on the 4hr. Price at a 4hr mz and price couldn't close over the dashed line. 1st entry. Then the rest are simple closed under then retest or TTE. Either could get you in at a good location. Also good hedge trades to, so you def could have gotten to max size no problem and banked a profit.

[Mr. Hyde]

Rereading NLA and this grabbed my attention by MO

"Extreme Slowing: three consecutive candles that are markedly smaller than previous non-momentum candles."

Curious to what this marks or if it could be added to my trading plan. Will have to start watching for them.

[Mr. Hyde]

A lot of info in this pic. Black lines are over/under lines. Orange are support and resistance and entries. And the dark thick green lines are showing the confluence of PA with the CZ for exits.

If EA continues to go up it should be obvious what lines I would use to look for a possible entry off of after a pullback. Can anyone guess?

[Mr. Hyde]

Picture says it all.

What is a downtrend. 2 lower lowers and 2 lower highers. Then you have a 1hr momo bar that no other 1hr momo bar can close above its 50% area. So we.....Sell. Then we look to exit at a BO were traders moved their SL to breakeven. Rinse and repeat.