Never Lose Again

[neeboo]

wow...gbpusd definitely swept so many pips

but i didn't catch it...

*sigh*

[Fxtraveller]

I did catch the GU =]

Es/pip,

remember I was busting about catching the EURJPY big reversal short?

well, i didnt =] happened in the middle of the night in europe =[

BUT, caught the same move on GU instead =]

To me it becomes more and more evident that the most powerful Zline is at the edge of MOzone (50% of body) + BREAK-OUT.

My sell was spot-on.... its amazing.....

but apart from bragging, I chickened out early with 38 pips

[Fxtraveller]

2 more things

1) I was foolish enough to put long limits in front of huge momentum where I assumed it will rebounce (thius small loss)


2) it DID rebounce, with a 24 pips max profit.... Look at H4 chart above.

see the 2 lines in the middle of the huge momo down?

there was a profitable rebounce spot on the edge of Mozone =]

Here's a M5 Chart.... Had an ambitious 30 pips TP, and paid for it.

This loss only strenghtens my .... faith.... confidence in MOzones.

My sole enemies remain fear and lack of patience to enter the best trades ONLY.

[es/pip]

no sleep

sleep now

[es/pip]

2 more things

1) I was foolish enough to put long limits in front of huge momentum where I assumed it will rebounce (thius small loss)


2) it DID rebounce, with a 24 pips max profit.... Look at H4 chart above.

see the 2 lines in the middle of the huge momo down?

there was a profitable rebounce spot on the edge of Mozone =]

Here's a M5 Chart.... Had an ambitious 30 pips TP, and paid for it.

This loss only strenghtens my .... faith.... confidence in MOzones.

My sole enemies remain fear and lack of patience to enter the best trades ONLY.

yeah u dont want to step in front of momo like it had


without a body in direction of profit at least somewhere that is a risky one

[neeboo]

good trade both of you

looks I have long way to learn and practice

thanks for sharing...

[***FX-JEDI***]

I did catch the GU =]

Es/pip,

remember I was busting about catching the EURJPY big reversal short?

well, i didnt =] happened in the middle of the night in europe =[

BUT, caught the same move on GU instead =]

To me it becomes more and more evident that the most powerful Zline is at the edge of MOzone (50% of body) + BREAK-OUT.

My sell was spot-on.... its amazing.....

but apart from bragging, I chickened out early with 38 pips

Nice Entry FXtraveller.
I got GBP/USD too..bit early tho, failed to take heed of that bullish momo at yesterdays low, the 50% retracement would of been better.
Let fibs show you when to exit. tho saying that I got out at the 127 ext as I show in pics, so only got 40 pips plus last nite took 32 so still ok, but more room for improvement...

I'm starting to love this when KR days, momo, & fibs all come together..

[Fxtraveller]

Ok, now my mind starts to refuse the truth...... im too used to losing in the past for making this amount of accurate trades.


FX-JEDI
Im starting to have my favourite set ups as well =]

1) Buy only on bull day / sell only on bear day

2) wait for momo

3) wait for retracement

4) ENTER where breakout has occured (which is by coincidence (y) is the 50% of momo body candle)

quick HIT'n'RUN 14 pips.
trade went 2 pips against me. (Sell at 134.08, exit 133.94)
SNIPER precision !

[es/pip]

Ok, now my mind starts to refuse the truth...... im too used to losing in the past for making this amount of accurate trades.


FX-JEDI
Im starting to have my favourite set ups as well =]

1) Buy only on bull day / sell only on bear day

2) wait for momo

3) wait for retracement

4) ENTER where breakout has occured (which is by coincidence (y) is the 50% of momo body candle)

quick HIT'n'RUN 14 pips.
trade went 2 pips against me. (Sell at 134.08, exit 133.94)
SNIPER precision !

lol


MO's MOnsters

[es/pip]

lol

jeez


im done for the day

i was going to trade the us morning but Bernanke and Geitner told me i have to stop for the day