I think I see a MZ line right near a "crash" line...
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Manta wrote:Long trades:
1) Find the last short MOMO (A), which is not zeroed out
2) Find first long MOMO (B) before (A), which is not zeroed out and is below low of (A)
3) Entry at open (B)
4) Exit at open (A)
5) SL according to timeframe or your money management risk rules
Short trades: vice versa
Don't trade this live blindly until you know WTF YOU ARE DOING.



tmanbone wrote:Here's the way I interpreted Dragon33's recent lesson. Mark up your H4 momo per Manta's instruction see chart below. Highlight upper and lower ranges.
Progress through the lower time frames to get your picture.
Attack the trade from the M5 time frame using rat reversal trades out of the MZ, looking for hammers, ideally for your rat setup, in a long trade example. Note target 1 @ upper/lower magenta range for 60 pips, wait on retrace, rat reversal and target 2 @ higher/highest magenta range for 120 pips = nice trading day. I gather this is a repetitive pattern to be monopolized on.
Second trade long should have been taken at the high of the hammer, my magenta entry line is a tad low. Feel free to critique all will. Thanks Dragon33 for your continued efforts. I really appreciate you, I also appreciate all in the forum. Cheers
