Never Lose Again

[aVi]

Tell me about it...

I fergin sleep late Friday to Monday morning.

Trading will break you down.

What is this sleep you speak of?

[Shadik]

mm ... believe me or not.. but this is one of best answer

thanks

Edit.. one more question. Lets see we are watching only one tf..lets say that is 4h tf. Ok... next lets say that we've some ZL .... but some of them are quite old. My question is: When zl is "unactive"?? <i hope u know what I say if not then I will paint it>

the zline trade is for the next bar after the momo bar after that the zline becomes more of a s/r area. Some s/r areas are around for years. I try to use zline-zones with in the last 3 days.

--zz

Ok. Thats very helpful. Thanks

[monolisa]

Thanks, MO. You are the one who inspired me to think critically instead of passively absorbing information.

Learning to trade is a journey and I still have a long way to go. Important thing is that I enjoy every moment of it.

Lis

This thread contains every bit of information about Mightyzone. As advised by MO read it carefully.

Try UNDERSTAND the rationale behind MZ. Anyone can draw lines on the chart but they won't help you trade well if you don't know why they are there for.

Be an informed trader and trade effectively.

Lis

Good post monolisa

[prochargedmopar]

Not sure how I went from trading M1's to this but took a trade tonight on lunch break.
H4's, You gotta be kidding me......What the heck is an H4 chart.
LOL

+40
See pic, I entered near red line..




Edit:
added image with account history.

[zapzinig]

Not sure how I went from trading M1's to this but took a trade tonight on lunch break.
H4's, You gotta be kidding me......What the heck is an H4 chart.
LOL

+40
See pic, I entered near red line..

Nice one Pro!

[prochargedmopar]

Thanks zap.
This one here should be zeroed around 60 If I understan what your saying properly.
It almost made it on the first run but is now heading back down more....still may...

Anyway.
+42.x on this u/chf trade.
See account history.

BTW, I got in both trades late because the market started to move before my lunch break...hehehehe

[prochargedmopar]

Trading from 8.9" netbook, what fun!!!
Makes it hard to scalp when you have fxcm, mt4, and skype running.....5-7 second hesitation is a lot when your banging out 1-3 pips......trust me though, it can be done as i've done it. Slippage is killer though.
This method will be much easier.

[monolisa]

Hmmm... interesting placement of MZ.... but at the end you win... so it works for you.

Good trading!!

Lis

[zapzinig]

My trades for today 54 pips.

I had a full stop today. Could have been avoided by checking H4. I made this same mistake 2 weeks ago. (entering on H1 before checking H4)

When I review the H1 chart from history, I base my trades off just the H1. I need to break this habit and in real-time remember to check higher time frames!

--zz

[es/pip]

trading should be redundant and boring

if it is really exciting------ your doing it wrong

i may scrap this whole momentum thing and start trading using a macd and stoch


from today












current trade

which way is the market going-----ok i will trade that way then


where is going to go?
--- not sure but i hope it goes to my line

You are a bad bad man cutting all those pips out of the market

thanks to what you have shown everyone

i am sure if i saw what you are taking out i would shoot whiskey and water out of my nose

What is water?

its this stuff i mix with a 3/4 glass of whiskey------ makes me feel better about drinking a 3/4 glass of whiskey i guess