Never Lose Again
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noone22 wrote:dragon33 wrote:In at 1.3457 out at 1.3424
Thanks, dragon
I could see, why you exited at 1.3424 - approaching support.
Why entry was at 1.3457 - is a bit of mystery for me.
Could you explain, what have given you entry signal to go short.
That's what we call a mighty zone. Good place to enter a trade.
Last edited by dragon33 on Wed Mar 25, 2009 9:30 am, edited 1 time in total.
prochargedmopar wrote:dragon33,
If the three lines are your entries, Then it looks like you went -pips on all three trades before going into profit.
Yes?
These are the first z-line pics you've posted that leave me baffled. I'm seriously confused by these.
Your first line/candle is only half the size of the previous green candle? #1 is a double size bear.
Your second entry appears to be late, Wouldn't #2 be a candle that got wicked/zeroed?
The 3rd trade seems to be another dark cloud cover and not an engulfing pattern and the trend there seems to be up when you went short. The #3 would seem more appropriate. No?
Please, please, explain.
Procharged.
All the entry's were made on a 15m tmf. If you see your picture i entered the first trade on the white spot you have drawn. I enter with limit orders so it happen sometimes i'm negative. I even lose sometimes.
My losses happen when i didn't take notice of the bigger picture. It always happens when a higher tmf zl is reached.
The second one. I was still in trade with the first. On the 15m there was no need to enter there. If you watch the 15m chart you can see that after momentum my entry was hit.
If you see the whole picture the chart was zeroed out on H1 (watch the overlays) That makes that every red candle was a good one.
The third trade was a wick on the 15m tmf.
- TheRumpledOne
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TRO, that looks great!
Just an idea. How hard is it to see if the candle is bullish or bearish? Could you have 2 colors for the dashed lines to correspond with whether or not the line is coming out of a bearish or bullish candle? I think this will help newbies alot to see what direction to take. The crazy thing is that I now finally see the MZ so this indie just reinforces what I see.
Thanks!
dee
Just an idea. How hard is it to see if the candle is bullish or bearish? Could you have 2 colors for the dashed lines to correspond with whether or not the line is coming out of a bearish or bullish candle? I think this will help newbies alot to see what direction to take. The crazy thing is that I now finally see the MZ so this indie just reinforces what I see.
Thanks!
dee
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15558
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3035
- Location: Oregon
- Real name: Avery T. Horton, Jr.
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- Contact:
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15558
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3035
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
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