Never Lose Again
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- Braathen
- rank: 500+ posts

- Posts: 615
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Im trying to figure out the basics of binary's.. and something as basic as
GBP/USD >1.5880 at 3PM .. if i sell this i am "betting" for it to be lower then 1.5880 at 3pm and visa versa? or if anyone knew a good place to read up on the subject that would be even better
GBP/USD >1.5880 at 3PM .. if i sell this i am "betting" for it to be lower then 1.5880 at 3pm and visa versa? or if anyone knew a good place to read up on the subject that would be even better
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-
MO-
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Azuremaster
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Azuremaster wrote:5 Hours of screen time, 9 trades: 8 losses and 1 BE. My stop was always below Momo candle.
All higher timeframes are pointing up. Not sure what is wrong with me, I guess I am too stupid to understand all of this.
#1 this is a m5 chart
#2 your entries are no where near correct you are getting in at the high of each move
#3 YOU ARE TREATING IT AS A "SYSTEM" AND PULLING THE TRIGGER JUST BECAUSE IT IS THERE
#4 SHOW ME ONE CHART THAT MO DRAGON OR MYSELF HAVE POSTED THAT HAS THE ENTRIES THAT FAR AWAY FROM ALL THE IMPORTANT STUFF
Bend over and assume the position for another 4 years of hope and change.
Thoughts, please
Here's another EU ZLine trade from this morning. This one also went in my favor and I SAW what price was doing so I took the trade for 11 pips
Here's what I observed and I'd like your thoughts on if you interpret it the same way:
1) Volatile price with huge swings up and down
2) Profit getting ZEROED OUT nearly immediately (one - three candels)
3) Candle 1 (Body Direction of profit)
4) Candle 2 (Wick Direction of Loss)
I entered LONG at the yellow line through an Entry Order (bit near a 5 min ZLine...as I saw it)
Exited at another 5 min ZLine (obviously profit ran beyond but I'm playing conservative for now)
QUESTION:
Do my points 1-4 make sense from a ZLine point of view; again, it worked, I simply want to make sure I'm not manufacturing what it is I'm seeing and that the old-timers
see it too.
I sincerely appreciate your critiques...
Thank you once again for your time!
James

Here's what I observed and I'd like your thoughts on if you interpret it the same way:
1) Volatile price with huge swings up and down
2) Profit getting ZEROED OUT nearly immediately (one - three candels)
3) Candle 1 (Body Direction of profit)
4) Candle 2 (Wick Direction of Loss)
I entered LONG at the yellow line through an Entry Order (bit near a 5 min ZLine...as I saw it)
Exited at another 5 min ZLine (obviously profit ran beyond but I'm playing conservative for now)
QUESTION:
Do my points 1-4 make sense from a ZLine point of view; again, it worked, I simply want to make sure I'm not manufacturing what it is I'm seeing and that the old-timers
I sincerely appreciate your critiques...
Thank you once again for your time!
James
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- OCTOBERNEW.JPG (169.81 KiB) Viewed 4317 times
Last edited by jcelano on Wed Oct 14, 2009 1:22 pm, edited 1 time in total.
Re: Thoughts, please
jcelano wrote:Here's another EU ZLine trade from this morning. This one also went in my favor and I SAW what price was doing so I took the trade for 11 pips
Here's what I observed and I'd like your thoughts on if you interpret it the same way:
1) Volatile price with huge swings up and down
2) Profit getting ZEROED OUT nearly immediately (one - three candels)
3) Candle 1 (Body Direction of profit)
4) Candle 2 (Wick Direction of Loss)
I entered LONG at the yellow line through an Entry Order (bit near a 5 min ZLine...as I saw it)
Exited at another 5 min ZLine (obviously profit ran beyond but I'm playing conservative for now)
QUESTION:
Do my points 1-4 make sense from a ZLine point of view; again, it worked, I simply want to make sure I'm not manufacturing what it is I'm seeing and that the old-timers![]()
see it too.
I sincerely appreciate your critiques...
Thank you once again for your time!
James
i dont see anything wrong with that
nice
just curious
when we were talking by pm and you said--- i dont understand it, something, something else and something else--
and i said----- its all there in the thread, you are going to have to see it for yourself by marking charts and spending the time on it or you will never see it. I can not just explain it to you.
now that you SEE it, i am just curious to your answer on this
Is there any hidden tip or secret to SEEING this or does one just have to spend the time on it and see it for themselves?---in your opinion
Bend over and assume the position for another 4 years of hope and change.
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