ZLINES...

[PTG]

possibles entries ¿
based only in 1h

gbpusd

Reconsider what is momo and what isn't.

[PTG]

more examples...
here I see 2 losses and 1 win,

Losses and wins relative to what ?
What is it you want to achieve ?

[arkan1976]

this is what I do not understand,
number 1 cross above 50% level, 2 cross below and 3 above.
Wich is the correct direction ...?

You may have to take another approach. Start asking yourself what you want to achieve. It appears you are looking at price to see if there is something to trade. Instead, consider this: post112932#p112932
There is no such thing as a "correct direction" since that implies there is an incorrect one, both leading to an outcome which you couldawouldashoulda have known. Instead, there are simply two options for price to go (long or short) and you as a trader can chose to participate or not. You need to think in terms of scenarios and what you would like to see happen for each scenario so that you can make decisions. We don't know what happens next, there may only be suggestions as to which scenario is the more likely one.
In terms of looking for an understanding of things, you first have to know what you are exactly looking for in scenarios and what it is you'd like to understand. I think it isn't that difficult to understand that a horizontal line is merely a price at a certain point that you can use as a reference to base decisions upon. I think it is a misunderstanding that one line is more important than another; what matters is that other people may think it is and therefore some prophecies may become self fulfilling. But I wouldn't start to believe that myself so as to differentiate yourself mentally from the crowd. You need to start watching the crowd and not becoming one of them.

So, your question: "number 1 cross above 50% level, 2 cross below and 3 above." That is true.
"Which is the correct direction ? " I can't answer. What is it you want to achieve ? From entry where to exit where ? What do you not want to see happening on the way to the exit and what are you going to do if that happens ?

2018-04-01_1548.png

hello PTG, thanks for your time.

I share with you that I must change my approach. I know I try to make it too mechanical and I do not value other things, like I'm doing the price ... I'm still studying and trying to change my mind ....

[arkan1976]

I think there was no reason to go short, the market in 1h and 4h was giving me bullish signals. I will have luck! ?? I hope not.
please PTG your comments are grateful

[PTG]

I think there was no reason to go short, the market in 1h and 4h was giving me bullish signals. I will have luck! ?? I hope not.
please PTG your comments are grateful

Not much to comment, looks good !
Don't think too much, your head will burst
In both cases your horizontal line is close (the H4 colour change open/close or Dragon line or whatever the name is) so a close below that wouldn't cost a lot. Notice your entered a trade WITH the H4 and H1 candle colour which is what you should do (call that a "bullish signal" but it's based on facts) and you traded AWAY from the horizontal line. Depending on your goals for the trade (e.g. intraday) your exit was good.

Simple.

Well done.

[PTG]

Z-line (or S/R) horizontal line rejected (tiny black cursor line). An entry a little higher on the previous H1 close price would be a HOLO trade.

2018-04-02_1430.png (83.95 KiB) Viewed 3340 times

Advances

2018-04-02_1450_001.png (91.62 KiB) Viewed 3340 times

H4 closed 5 min ago

2018-04-02_1505.png (82.03 KiB) Viewed 3340 times

new sema-1 + slight pullback

2018-04-02_1519.png (82.71 KiB) Viewed 3340 times

short at the low (= in line with current H4 and H1); wouldn't want to see a close back above the sema-3
could also short from H4 D-line (open/close) or the low from the two candles left from the short entry candle

2018-04-02_1519_001.png (82.2 KiB) Viewed 3340 times

off to the races

2018-04-02_1544.png (82.19 KiB) Viewed 3340 times

[PTG]

2018-04-02_1655.png (98.01 KiB) Viewed 3322 times

And it pops to a new daily low as I write this.

[PTG]

Today's high is the weekly high and may continue to be so. Below the weekly open now.
Also at the weekly low now.

2018-04-02_1702_001.png (89.72 KiB) Viewed 3320 times

[arkan1976]

Z-line (or S/R) horizontal line rejected (tiny black cursor line). An entry a little higher on the previous H1 close price would be a HOLO trade.

2018-04-02_1430.png

Advances

2018-04-02_1450_001.png

H4 closed 5 min ago

2018-04-02_1505.png

new sema-1 + slight pullback

2018-04-02_1519.png

short at the low (= in line with current H4 and H1); wouldn't want to see a close back above the sema-3
could also short from H4 D-line (open/close) or the low from the two candles left from the short entry candle

2018-04-02_1519_001.png

off to the races

2018-04-02_1544.png

oh my god ! amazing PTG !!!

[arkan1976]

I take first this trade, 4h and 1h long, the next candle 1h, don´t closes brelow 50%, then i was still thinking in long.

USDJPYM5.png (52.51 KiB) Viewed 3316 times

the next trade , the 1h candles closes below 50% 4h and 50 % 1h, then i think the bias was bearish, and was correct ! take the profits is a lesson very difficult. At the moent I want to closes the day in possitve, taht is a good daily goal heheheh

EURJPYM5.png (43.71 KiB) Viewed 3316 times