lukx zline trading log + cfabian p.35 + adaseb p.48

[adaseb]

Yeah if it goes back there then a short would work out if it confirms on the M15 or Hourly.

Keep in mind that GBPJPY is not an easy pair to trade. It moves much faster than other pairs so stops need to be much larger and the spread is usually at least 4+ pips.

My trade from today.
Only took 30 but price went another 80 or so pips further down.

Saw this MZ in 1h on GJ


then took it at 5m



coments?

JUAN

No you did good. If you look on the H4 it entered a supply zone and was going down. You perfectly shorted the bounce.

Thanks for the reply.

Good to know i am doing well.
Dragon33 and your posts helped.

i am looking from price to go back to MZ on this 4h chart



JUAN

[JESGPY]

Yeah if it goes back there then a short would work out if it confirms on the M15 or Hourly.

Keep in mind that GBPJPY is not an easy pair to trade. It moves much faster than other pairs so stops need to be much larger and the spread is usually at least 4+ pips.

My trade from today.
Only took 30 but price went another 80 or so pips further down.

Saw this MZ in 1h on GJ


then took it at 5m



coments?

JUAN

No you did good. If you look on the H4 it entered a supply zone and was going down. You perfectly shorted the bounce.

Thanks for the reply.

Good to know i am doing well.
Dragon33 and your posts helped.

i am looking from price to go back to MZ on this 4h chart



JUAN

Yes.
In my broker the spread is usually 4 pips.

JUAN

[dragon33]

Dragon the forex sniper...one shot one kill.

My name is Bond, Dragon Bond!

[Fxtraveller]

Dragon the forex sniper...one shot one kill.

My name is Bond, Dragon Bond!

nice one

[IN-XS]

Dragon, do you now enter after the high of the previous candle, including the wick as extra confirmation?

[tmanbone]

Ladies, Gentlemen,

Awesome thread here, lot's of dedicated folks, driving/learning hard. Just want you all to know, I'm studying you all and the z lines with increased enthusiasm. One day I will catch up, be looking for me. Thanks to all. Your discussions are helping me see the way. Thanks,

[MDSEA]

Dragon33,

How did you determine the second entry exit? I can see the entrance
but dont get exactly how you got out of the trade right at the bottom
of the bar. I circled it in red.

Is it threw 5min zline bar cause I see it didn't pass it.

Thanks. Also if anybody would like to chime in go ahead.

Also is it suicide to trade this way during off hours?
Bratthen brought up that during the london session is the time he trades. Just wondering so I can schedule myself.

Im thinking 11pm til 6-8am pacific time.

[cfabian]

Guys... I wonder if amongst you there is a programmer willing to make some amendments to the semafor indicator? Basically adding the capability of sending email when a new alert pops up (if wanted), and a few other "small" options we can discuss.

Thanks

[pablo101]

Pablo... can you post your analysis and entries if is OK with you?

Hi cfabian, I marked up where I took longs and shorts in my original chart. The lines I marked up are from HTF breakout points. All entry methods are close to Dragons but I enter if I see strength going my way.

5 wins, 1 fails and 1 BE, I over traded yesterday but opportunities abound so I didn't give it much thought.

I actually think I going to change my trading plan and leave the stop in place when market gets to these lines/areas and don't close manually, let's see what happens.



Thanks for the original help guys, I'm back

[pablo101]

oh boy, I really need to learn some web etiquette