ZLINES...

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PTG
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Re: ZLINES...

Postby PTG » Mon Mar 26, 2018 6:13 pm

arkan1976 wrote:-12 pips eurjpy....


Hi Arkan

If you go short there, you should keep it on a very short leash and not allow it to go negative. The candle left of the yellow arrow is not momo (as I see it at least) in context of the 5th up candle to the left of the candle with the yellow arrow; I would wait and see what happens around the 50% of that candle. Price has the propensity to continue longer than the account can cope with :shock: and for it to go the other way, in general, you want to see a strong move in the other direction (in this case short) and a weak attempt to continue in the direction that may be running out of steam (in this case long).

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Re: ZLINES...

Postby PTG » Mon Mar 26, 2018 6:29 pm

arkan1976 wrote:Price reachs a 1h zline
1 bodies in the direction of profit
2 wicks in the direction of loss
what am I doing wrong ! ?


Again, short MOMO MIA (missing in action). Think "continuation UNLESS" and don't try to see reversals where there are none.
What is it you need to see to trade the other way (short in this case) ? SELLERS. What proves that there are sellers ? Rejection of a price level and a strong move away from it. If you think you don't see it, take a step back and relax; do nothing. Have patience and learn to wait until you see a new direction come into existence. Don't rush it, there is always a next opportunity. Keep at it, old chap.


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Re: ZLINES...

Postby PTG » Mon Mar 26, 2018 6:54 pm

arkan1976 wrote:the same history....


same answers. Wait for momo.

2018-03-26_2040.png
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Re: ZLINES...

Postby LeMercenaire » Mon Mar 26, 2018 8:33 pm

arkan1976 wrote:bodies in direction of profit, wick in the direction of loss

Small time-frame bodies and wicks are fractious at best, only really suitable for ultra-quick scalps in-and-out, or timing entries.

Step back and take a look at the PA through your higher tf (H1) candles though. There's your profit - and if you include a pure WZ-method style extreme break (not just those moves back inside the body) you'd have had the big move at the beginning also.

Once again, I am not able to upload an inked screen, so you'll have to imagine what I am saying yourself, I'm afraid.

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Re: ZLINES...

Postby arkan1976 » Mon Mar 26, 2018 9:13 pm

PTG wrote:
arkan1976 wrote:the same history....


same answers. Wait for momo.

2018-03-26_2040.png

2018-03-26_2047_001.png


Hi PTG ! ,
thank you very much for your help, I'm glad to see you here

I think I understand what you are trying to explain to me.
Until now I thought that a candle was simply a candle whose size is double the previous candle ... also depending on which zone of 50% close, so it will be the correct bias.
for example, first i must to define momo ....

is correct this ?

M= momo
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Last edited by arkan1976 on Mon Mar 26, 2018 9:30 pm, edited 1 time in total.

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Re: ZLINES...

Postby arkan1976 » Mon Mar 26, 2018 9:16 pm

LeMercenaire wrote:
arkan1976 wrote:bodies in direction of profit, wick in the direction of loss

Small time-frame bodies and wicks are fractious at best, only really suitable for ultra-quick scalps in-and-out, or timing entries.

Step back and take a look at the PA through your higher tf (H1) candles though. There's your profit - and if you include a pure WZ-method style extreme break (not just those moves back inside the body) you'd have had the big move at the beginning also.

Once again, I am not able to upload an inked screen, so you'll have to imagine what I am saying yourself, I'm afraid.


Hi Lemercenarie ,
thanks for answer , sorry, is not possible that you send a pic ?
if you want you can send me a email for example....

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Re: ZLINES...

Postby PTG » Mon Mar 26, 2018 10:10 pm

arkan1976 wrote:
PTG wrote:
arkan1976 wrote:the same history....


same answers. Wait for momo.

2018-03-26_2040.png

2018-03-26_2047_001.png


Hi PTG ! ,
thank you very much for your help, I'm glad to see you here

I think I understand what you are trying to explain to me.
Until now I thought that a candle was simply a candle whose size is double the previous candle ... also depending on which zone of 50% close, so it will be the correct bias.
for example, first i must to define momo ....

is correct this ?

M= momo


Thanks Arkan, hope it is of help. Kind of difficult to explain because to me, there are no hard, fixed rules. Others may have slightly different ideas and that's fine, as long as it is workable for each of us.

You haven't marked all momo's nor have I. Some comments in picture below:

2018-03-26_2355.png
2018-03-26_2355.png (34.1 KiB) Viewed 3521 times


Below a screenshot starting at the same candle as your screenshot with H4 H1 overlays on M15 plus H1 Dragon lines (H1 open/close lines). What do you see ?
Attachments
2018-03-27_0005.png
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Re: ZLINES...

Postby LeMercenaire » Mon Mar 26, 2018 11:09 pm

arkan1976 wrote:
LeMercenaire wrote:
arkan1976 wrote:bodies in direction of profit, wick in the direction of loss

Small time-frame bodies and wicks are fractious at best, only really suitable for ultra-quick scalps in-and-out, or timing entries.

Step back and take a look at the PA through your higher tf (H1) candles though. There's your profit - and if you include a pure WZ-method style extreme break (not just those moves back inside the body) you'd have had the big move at the beginning also.

Once again, I am not able to upload an inked screen, so you'll have to imagine what I am saying yourself, I'm afraid.


Hi Lemercenarie ,
thanks for answer , sorry, is not possible that you send a pic ?
if you want you can send me a email for example....

I don't know why I get this. Bare charts load fine but if I write on them, then I get this he dreaded yellow triangle.
In the past, I have cropped the image really tight and eventually I get the green tick but it's getting that I barely have any image left now.
Pain in the butt.
If I can send via pm here, I will, or if can't attach file, then perhaps pm me an email you are willing to let me send it to.

arkan1976
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Re: ZLINES...

Postby arkan1976 » Tue Mar 27, 2018 12:14 am

PTG wrote:
arkan1976 wrote:
PTG wrote:
same answers. Wait for momo.

2018-03-26_2040.png

2018-03-26_2047_001.png


Hi PTG ! ,
thank you very much for your help, I'm glad to see you here

I think I understand what you are trying to explain to me.
Until now I thought that a candle was simply a candle whose size is double the previous candle ... also depending on which zone of 50% close, so it will be the correct bias.
for example, first i must to define momo ....

is correct this ?

M= momo


Thanks Arkan, hope it is of help. Kind of difficult to explain because to me, there are no hard, fixed rules. Others may have slightly different ideas and that's fine, as long as it is workable for each of us.

You haven't marked all momo's nor have I. Some comments in picture below:

2018-03-26_2355.png

Below a screenshot starting at the same candle as your screenshot with H4 H1 overlays on M15 plus H1 Dragon lines (H1 open/close lines). What do you see ?



can it be that when the 1h candle closes below / above the 50% zone, if it crosses also the Dragon Line is a good sign?
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arkan1976
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Re: ZLINES...

Postby arkan1976 » Tue Mar 27, 2018 2:05 am

....
USDJPYM15.png
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AUDUSDM15.png
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