Never Lose Again

[aVi]

[Patch]

aVi

Great to hear from you and see you are trading and posting em! So yo entered at 1.0881 (I hate the 3 and 5 digits-mess me up) How long did you ride this one. What did you base your entry on?

I've been trumped by my son's wife, she is going to fly out on the 14th, JB will meet her at the airport at noon, and they will drive off into the sun and eventually drive off into the sunset, desination Houston. -- Patch

Patch

[monolisa]

My apology, Francisco. Attached is the amended version.

Lis

Hi Lis,

With your latest mod ( Blubbb_ZLines_close_open_minFactor.mq4 ) only bullish zlines (bullish momo bars) are drawn.

I enclose a chart with this indicator and I highlighted some missing zlines.
You know, we're never happy:

Too many zlines!... Too few zlines!...

Cheers

Francisco

[monolisa]

Thanks, MO. I already have a long shopping list

Sorry for what's happened to your friend. Drug/alcohol is indeed a deadly combination.

Have a good day.

Lis

Today's EURUSD MZ trade. Have a great weekend, everyone!!



Lis

Nice trade Monolisa!

I am happy to see that you are doing so well.

Don't spend the money all in one place

[monolisa]

Hi Patch,

It's called "Daily Data" (attached).

Lis

monolisa

What is the indicator you are using on your chart above quoted by MO?

Thank you for all your help, I am thrilled to have my NT working going into the weekend. Still lots to learn.

Patch

[PTG]

Pro,

The MZ was a long bias one. I would not change the bias unless price action shows the contrary in the MZ.

I go down to smaller tf (I use M5) to place my entry using the VSA and dchappy methods (see the thread NINJA PLATFORM).

You need to believe in your trading method/system. Belief brings confidence and you would hang on to your trade longer (and reach your desired TP).

Lis

So basically you're also implicitly saying that candle patterns etc. are irrelevant for this method, right ?

[aVi]

aVi

Great to hear from you and see you are trading and posting em! So yo entered at 1.0881 (I hate the 3 and 5 digits-mess me up) How long did you ride this one. What did you base your entry on?

I've been trumped by my son's wife, she is going to fly out on the 14th, JB will meet her at the airport at noon, and they will drive off into the sun and eventually drive off into the sunset, desination Houston. -- Patch

Patch

Ya, I'm kind of used to the 5 digits cause Oanda has used them for awhile. I began to hate 4... so I'm glad AlpariUS recently switched over. I based my entry on simple laws of S/R. I saw a pretty nice break at a small level of support, waited for the retrace and got in. If I remember correctly, price was heading towards a daily ZL... which gave me more confidence in entry. It retraced about 40 pips at ZL. Since recent trend was bearish... I decided to hold on past ZL and take it for 100+ pips.

I plan on continuing to improve. You can do it too. I'm no expert so... maybe you shouldn't listen to me lol. Guys like MO, pierre, es, zap and xmess have been a great help... all you have to do is study their pictures. Once I stopped trying to figure out exactly what they were doing (how they entered, exit, blah blah), and started thinking of ways to tweak what they do and make it work for me... I started to SEE.

Of course, I have a long way to go... so I look forward to their continued guidance.

As far as Houston. Go Texans! I can't wait for football.

[monolisa]

Hi PTG,

I don't know because I never use candle patterns. However, in this particular case, according to Pro's comments, it seems not that relevant.

Lis

[monolisa]

Hi maciekkov,

It's called "tro_onethirddots" and it's free (attached). I found it on page 152 of this thread. Read MO's posts about its usage.

Lis

A chart is a chart...it happens in every time frame!

Hello .What is called inactors who created black and white dots on the candle??And its is free or donations indactors??

[monolisa]

Pro,

I am using Ninjatrade for dchappy's method and eSignal for VSA/MZ. I don't know if it's possible to combine these systems on one chart in MT4.

Nevertheless, your chart does show the general principles of my trading.

Lis

Pro,

The MZ was a long bias one. I would not change the bias unless price action shows the contrary in the MZ.

I go down to smaller tf (I use M5) to place my entry using the VSA and dchappy methods (see the thread NINJA PLATFORM).

You need to believe in your trading method/system. Belief brings confidence and you would hang on to your trade longer (and reach your desired TP).

Lis

Price action shown to the contrary then would be a closed body in or past the mighty zone without a lower time frame sign of exhaustion.
Thx for the info.
So your trading chart looks something more like this......