So an idea I have been playing around with is using the test retest entry method for zline trades. This could be helpful for those that don't like the multiple tmf analysis. Also it has the potential of using a smaller stop since you would be entering on the pull back to the zline and not on a breakout of a candle.
The first candle with an arrow shows a test of the zline, but closes near its high. I look for candles that at least close a third away from its extreme for it to be considered a test candle. So no go. Next candle we get a candle that closes bearish, so we put in the order. Depending on were you put you sl you were risking 10-15 pips.
Now I know I said this was an idea for those that don't want to drop timeframes, but I showed how you could drop down and refine your sl smaller. Also marked a 3 bar reversal that I like so much.
The idea's we trade by, so we never lose again. p2. The students become the masters
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
!st entry was based off the equal daily bars and 4hr momo. Exit based on daily zline. Not to bad.
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
In at 1.6060, target is ML. Already have a position on at 1.6170, aiming to hold for the week.
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- prochargedmopar
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
Mr. Hyde wrote:prochargedmopar wrote:v8power wrote:I markup 400 charts a weekend.
Haha. Im gonna go out on a limb and say that was a period a heavy upper abuse and that post ways probably made with Jack D in his system. He did maybe 80 to 100. Maybe sometimes more but not close to 400. Maybe he was trying to get a point across.
How ya doing Pro.
Family life is great.
Health seems pretty good other than losing 10-12# of muscle the last couple years.
Financial dreams have fizzled.
A lack of being able to take even small risks stopped everything in its tracks.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
Mr. Hyde wrote:prochargedmopar wrote:v8power wrote:I markup 400 charts a weekend.
Haha. Im gonna go out on a limb and say that was a period a heavy upper abuse and that post ways probably made with Jack D in his system. He did maybe 80 to 100. Maybe sometimes more but not close to 400. Maybe he was trying to get a point across.
How ya doing Pro.
Believe it or not I’ve started reading this thread from page one to see if I can get a glimpse inside of V8Powers brain.
I must apply a small portion to my own life.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
prochargedmopar wrote:Mr. Hyde wrote:prochargedmopar wrote:
Haha. Im gonna go out on a limb and say that was a period a heavy upper abuse and that post ways probably made with Jack D in his system. He did maybe 80 to 100. Maybe sometimes more but not close to 400. Maybe he was trying to get a point across.
How ya doing Pro.
Believe it or not I’ve started reading this thread from page one to see if I can get a glimpse inside of V8Powers brain.
I must apply a small portion to my own life.
I still haven't read this thread. Apply only a very small amount to your life, haha.
Re: The idea's we trade by, so we never lose again. p2. The students become the masters
prochargedmopar wrote:Mr. Hyde wrote:prochargedmopar wrote:
Haha. Im gonna go out on a limb and say that was a period a heavy upper abuse and that post ways probably made with Jack D in his system. He did maybe 80 to 100. Maybe sometimes more but not close to 400. Maybe he was trying to get a point across.
How ya doing Pro.
Family life is great.
Health seems pretty good other than losing 10-12# of muscle the last couple years.
Financial dreams have fizzled.
A lack of being able to take even small risks stopped everything in its tracks.
68F522D4-39DD-439B-9DAD-0493A7102965.jpeg
If family life is great that's all that matters.
- PhilipLangford
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
prochargedmopar wrote:Mr. Hyde wrote:prochargedmopar wrote:
Haha. Im gonna go out on a limb and say that was a period a heavy upper abuse and that post ways probably made with Jack D in his system. He did maybe 80 to 100. Maybe sometimes more but not close to 400. Maybe he was trying to get a point across.
How ya doing Pro.
Believe it or not I’ve started reading this thread from page one to see if I can get a glimpse inside of V8Powers brain.
I must apply a small portion to my own life.
[/quote]Over 400 pips. Won by the most posted chart setup/idea to ever come out of Kreslik and MO. Simple momo HTF then momo lower time frame, wick, then win massive pips. This idea has been here for over 8 years. Almost every profitable trader has used it in some form from ES pip, dragon, Ja and to myself. Yet I continue to see people not winning at forex. Here is the setup. Trade this and only this setup for the rest of your life. Be consistent and disciplined and only trade this idea. Start with micro lots. Be consistent and disciplined and only trade this idea. Double your account in 200 trades then increase size. Print out a chart everytime you use the idea. Be consistent and disciplined and only trade this idea. Ask yourself questions. Learn how it reacts to certain things, learn what the market does when it does its thing. Be consistent and disciplined and only trade this idea. Make a business/trading plan. Be consistent and disciplined and only trade this idea.
NOTICE A FLIPPING PATTERN!!!!!!!! You have no idea about the amount of money I have made off this one idea. Actually you know what. Go back to your MA pullbacks and inner cool trader with his rectangle of knowledge or whatever guru is cool today. I don't want to share my profits with you
[quoteBe consistent and disciplined and only trade this idea.]
This post by V8Power lit me up. I sense his drive and passion for the trade and the zline. Page 82 for context.
- dojirock
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
d
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
Re: The idea's we trade by, so we never lose again. p2. The students become the masters
Simple test, retest for the entry. Paid off a good 7 to 1 on the 1 entry and was able to get two add on's.
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