Never Lose Again

[es/pip]

Thanks to everyone who has contributed to this thread, it's absolutely amazing, it really is.

I've attached a picture here, I was just wondering where you would enter on the 5 min, I was really unsure at it didn't quite hit the ZL, but as you can see I missed the boat.

Thanks

not sure i would have looked at the h1 like that----just me---- i can see exactly the reasoning and it is valid

ehhh- i may have i would have had to seen it in real time to really know if it jumped out at me--as far as just the h1 was concerned

as far as the entry i would have gotten in somewhere in the PA moving away from the line

[es/pip]

anyone trade away from that zl for the move down?

nice little 5 min dbl top followed by a couple good spots to get in

[cfabian]

I didn't trade it either, but actually was a nice setup to short the trade I was waiting to long. Good for 40 pips. Why I didn't short it? Because h4 momo was long, and there was good amount of held profit that way. Shorting this was risky (to me at least that I'm learning).

After all, didn't take this long either, not liking how it is evolving.

mmmmmmhhh, and here it is!!!!!
Let's see if we get long momo....

Ok, I've realized you posted that trade when I was typing mine.

If you have further comments more than welcome

espip,
This is what I was cooking for a trade. Price never reached my ZL. I've marked the MZ for the next candle, which could be a good entry as well.

The thing is that I was so hesitant to enter at that zone, as I thought price would come back to the line, specially since the first short candle (the highest price in the blue box) had already ZL some traders.

How would you have handled this? I didn't take the ride.

[cfabian]

LOL
Again talking about the same trade, typing at the same time.

anyone trade away from that zl for the move down?

nice little 5 min dbl top followed by a couple good spots to get in

[es/pip]

I didn't trade it either, but actually was a nice setup to short the trade I was waiting to long. Good for 40 pips. Why I didn't short it? Because h4 momo was long, and there was good amount of held profit that way. Shorting this was risky (to me at least that I'm learning).

After all, didn't take this long either, not liking how it is evolving.

mmmmmmhhh, and here it is!!!!!
Let's see if we get long momo....

Ok, I've realized you posted that trade when I was typing mine.

If you have further comments more than welcome

espip,
This is what I was cooking for a trade. Price never reached my ZL. I've marked the MZ for the next candle, which could be a good entry as well.

The thing is that I was so hesitant to enter at that zone, as I thought price would come back to the line, specially since the first short candle (the highest price in the blue box) had already ZL some traders.

How would you have handled this? I didn't take the ride.

just how i viewed all that--- it worked--- but it doesn't mean it was right


yeah but the h4 bull candle didn't have a ton of momo ---- had it came up a lot further and was 2xish the previous i would not have taken the h1 area as that important.

but since it had the momo it had i took it of the h1 area



i was watching that long as well but the way that h1 bar formed into it created overhead resistance which decreased the room it had to move-- so i passed on the long

[cfabian]

espip,
Not really getting the idea around this comment:
"i was watching that long as well but the way that h1 bar formed into it created overhead resistance which decreased the room it had to move-- so i passed on the long "

How would you have considered an appropriate h1 candle for the possible long?

BTW, this is how that h4 candle showed with my broker, which was a significant increase of momo. Just to be aware of.

I didn't trade it either, but actually was a nice setup to short the trade I was waiting to long. Good for 40 pips. Why I didn't short it? Because h4 momo was long, and there was good amount of held profit that way. Shorting this was risky (to me at least that I'm learning).

After all, didn't take this long either, not liking how it is evolving.

mmmmmmhhh, and here it is!!!!!
Let's see if we get long momo....

Ok, I've realized you posted that trade when I was typing mine.

If you have further comments more than welcome

espip,
This is what I was cooking for a trade. Price never reached my ZL. I've marked the MZ for the next candle, which could be a good entry as well.

The thing is that I was so hesitant to enter at that zone, as I thought price would come back to the line, specially since the first short candle (the highest price in the blue box) had already ZL some traders.

How would you have handled this? I didn't take the ride.

just how i viewed all that--- it worked--- but it doesn't mean it was right


yeah but the h4 bull candle didn't have a ton of momo ---- had it came up a lot further and was 2xish the previous i would not have taken the h1 area as that important.

but since it had the momo it had i took it of the h1 area



i was watching that long as well but the way that h1 bar formed into it created overhead resistance which decreased the room it had to move-- so i passed on the long

[Andy123]

Thanks to everyone who has contributed to this thread, it's absolutely amazing, it really is.

I've attached a picture here, I was just wondering where you would enter on the 5 min, I was really unsure at it didn't quite hit the ZL, but as you can see I missed the boat.

Thanks

not sure i would have looked at the h1 like that----just me---- i can see exactly the reasoning and it is valid

ehhh- i may have i would have had to seen it in real time to really know if it jumped out at me--as far as just the h1 was concerned

as far as the entry i would have gotten in somewhere in the PA moving away from the line

Thanks es/pip for your explanation, it's much appreciated, I'm still getting used to the whole concept.

[es/pip]

espip,
Not really getting the idea around this comment:
"i was watching that long as well but the way that h1 bar formed into it created overhead resistance which decreased the room it had to move-- so i passed on the long "

How would you have considered an appropriate h1 candle for the possible long?

BTW, this is how that h4 candle showed with my broker, which was a significant increase of momo. Just to be aware of.

I didn't trade it either, but actually was a nice setup to short the trade I was waiting to long. Good for 40 pips. Why I didn't short it? Because h4 momo was long, and there was good amount of held profit that way. Shorting this was risky (to me at least that I'm learning).

After all, didn't take this long either, not liking how it is evolving.

mmmmmmhhh, and here it is!!!!!
Let's see if we get long momo....

Ok, I've realized you posted that trade when I was typing mine.

If you have further comments more than welcome

espip,
This is what I was cooking for a trade. Price never reached my ZL. I've marked the MZ for the next candle, which could be a good entry as well.

The thing is that I was so hesitant to enter at that zone, as I thought price would come back to the line, specially since the first short candle (the highest price in the blue box) had already ZL some traders.

How would you have handled this? I didn't take the ride.

just how i viewed all that--- it worked--- but it doesn't mean it was right


yeah but the h4 bull candle didn't have a ton of momo ---- had it came up a lot further and was 2xish the previous i would not have taken the h1 area as that important.

but since it had the momo it had i took it of the h1 area



i was watching that long as well but the way that h1 bar formed into it created overhead resistance which decreased the room it had to move-- so i passed on the long

yeah our data is diff on the h4 chart i see what u are saying

-------------

i wasn't saying that to try and play long out of there was incorrect, just that since the h1 bar was 2x the previous on the way into that long area that it could create new resistance on the way back up

i would have been a lot more interested in it if the h1 bars were decreasing into it or if there was more room between that area of held profit that i marked and the long entry

long was correct there i just didn't like it all that much due to the h1 bar into it

[cfabian]

Ok, I get what you saying. Thanks for that.

I'm almost there man!!!! I can't wait to hear the account spinning numbers (to the upside LOL)

espip,
Not really getting the idea around this comment:
"i was watching that long as well but the way that h1 bar formed into it created overhead resistance which decreased the room it had to move-- so i passed on the long "

How would you have considered an appropriate h1 candle for the possible long?

BTW, this is how that h4 candle showed with my broker, which was a significant increase of momo. Just to be aware of.

I didn't trade it either, but actually was a nice setup to short the trade I was waiting to long. Good for 40 pips. Why I didn't short it? Because h4 momo was long, and there was good amount of held profit that way. Shorting this was risky (to me at least that I'm learning).

After all, didn't take this long either, not liking how it is evolving.

mmmmmmhhh, and here it is!!!!!
Let's see if we get long momo....

Ok, I've realized you posted that trade when I was typing mine.

If you have further comments more than welcome

espip,
This is what I was cooking for a trade. Price never reached my ZL. I've marked the MZ for the next candle, which could be a good entry as well.

The thing is that I was so hesitant to enter at that zone, as I thought price would come back to the line, specially since the first short candle (the highest price in the blue box) had already ZL some traders.

How would you have handled this? I didn't take the ride.

just how i viewed all that--- it worked--- but it doesn't mean it was right


yeah but the h4 bull candle didn't have a ton of momo ---- had it came up a lot further and was 2xish the previous i would not have taken the h1 area as that important.

but since it had the momo it had i took it of the h1 area



i was watching that long as well but the way that h1 bar formed into it created overhead resistance which decreased the room it had to move-- so i passed on the long

yeah our data is diff on the h4 chart i see what u are saying

-------------

i wasn't saying that to try and play long out of there was incorrect, just that since the h1 bar was 2x the previous on the way into that long area that it could create new resistance on the way back up

i would have been a lot more interested in it if the h1 bars were decreasing into it or if there was more room between that area of held profit that i marked and the long entry

long was correct there i just didn't like it all that much due to the h1 bar into it

[es/pip]

sleep sleep sleep time