ZLINES...

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MaximalEffort
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Re: ZLINES...

Postby MaximalEffort » Tue Mar 27, 2018 3:27 pm

PTG wrote:
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.


2018-03-26_2015.png


"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."

What I quoted is my daily struggle.

MAXIMAL
Patience & Balls

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MaximalEffort
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Re: ZLINES...

Postby MaximalEffort » Tue Mar 27, 2018 4:06 pm

In this Long off Daily Extreme.

Added 2 times.

Deciding what to do. Close or HODL.

MAXIMAL
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Patience & Balls

arkan1976
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Re: ZLINES...

Postby arkan1976 » Tue Mar 27, 2018 4:20 pm

MaximalEffort wrote:In this Long off Daily Extreme.

Added 2 times.

Deciding what to do. Close or HODL.

MAXIMAL


Very Nice Maximal!

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PTG
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Re: ZLINES...

Postby PTG » Tue Mar 27, 2018 4:22 pm

arkan1976 wrote:
PTG wrote:
arkan1976 wrote:Current eurjpy


2018-03-27_1307.png


hi PTG,
when you advise me to close the trade, when close a candle in 15min or 1h?


Couldn't answer earlier, I was away. I'm a bit all over the place today.

This should be part of your pre-trade plan. Your exit depends on your objectives: is it supposed to be an intraday trade, or swing trade for example. I listed a few options in the screenshot below based on intraday. There are many more options.

2018-03-27_1804_001.png
2018-03-27_1804_001.png (138.8 KiB) Viewed 2764 times
There's no business like [strike]show[/strike] covid19 business.

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PTG
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Re: ZLINES...

Postby PTG » Tue Mar 27, 2018 4:25 pm

MaximalEffort wrote:In this Long off Daily Extreme.

Added 2 times.

Deciding what to do. Close or HODL.

MAXIMAL


Looks like a V-reversal in the making. But then again you never know. Decisions, decisions.. :shock: :lol:
There's no business like [strike]show[/strike] covid19 business.

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Re: ZLINES...

Postby PTG » Tue Mar 27, 2018 4:25 pm

MaximalEffort wrote:
PTG wrote:
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.


2018-03-26_2015.png


"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."

What I quoted is my daily struggle.

MAXIMAL


Great quote 8)
There's no business like [strike]show[/strike] covid19 business.

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Re: Re:

Postby PTG » Tue Mar 27, 2018 4:28 pm

IgazI wrote:
PTG wrote:
I can almost smell (a) MO... :smt031 :shock: :P


Thanks, you're pretty mighty yourself.


Thanks.

Onwards and upwards :smt106
There's no business like [strike]show[/strike] covid19 business.

arkan1976
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Re: ZLINES...

Postby arkan1976 » Tue Mar 27, 2018 5:24 pm

PTG wrote:
arkan1976 wrote:
PTG wrote:
2018-03-27_1307.png


hi PTG,
when you advise me to close the trade, when close a candle in 15min or 1h?


Couldn't answer earlier, I was away. I'm a bit all over the place today.

This should be part of your pre-trade plan. Your exit depends on your objectives: is it supposed to be an intraday trade, or swing trade for example. I listed a few options in the screenshot below based on intraday. There are many more options.

2018-03-27_1804_001.png



do not worry, you already do a lot of answering and I'm very grateful. You are making me see things differently, to choose the bias well.
Today was a great day!
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arkan1976
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Re: ZLINES...

Postby arkan1976 » Tue Mar 27, 2018 7:07 pm

last trade today :D
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Mira
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Re: ZLINES...

Postby Mira » Tue Mar 27, 2018 7:52 pm

arkan1976 wrote:last trade today :D


Ho arkan!

Please, would you share you CC indi?
I still can’t find one that works on my platform :x

Thanks!
__________ THE :smt096 IS A LIE__________

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