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

[dragon33]

dragon, you are in Belgium correct? You far from Brecht?

Check this out:

http://www.youtube.com/watch?v=VnWcMTxY-gQ

Agreed,
I'm currently watching EU, waiting to see how it reacts at the shadowed area in order to take a short, targeting the lower yellow line. Let's see... but have to go to sleep !!!!!!!!!!

Dragon, what is your insight?

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

Picture looks good but i would look for a lower area because price wasn't able to reach the 50 area. The open and close price from the two candle after momo would have my attention.
If price is running up to strong then it would be the 50 area.

But is goes always like this. Hitting an area and from there it must build momo the other way. If you can't find that momo then stay out.

statue

Brecht are neighbours, it is 5 km from here.

Movie was funny

[numbk2k]

Exited for +81 price kind of stalling at the red line though i see it now still going down further ... any way will work on it for couple weeks (especially exits) then will move to live



any comment are appreciated

[adaseb]

Dragon33,

In the pictures below on the H1 chart. Where would you look to go short after you receive confirmation, on candle 1,2, or 3 ?

[dragon33]

Dragon33,

In the pictures below on the H1 chart. Where would you look to go short after you receive confirmation, on candle 1,2, or 3 ?

Probably on the BO of the momo candle. There was just one M5 candle needed to break previous H1.

Candles 1 and two could have enterd using zeroline after BO

[poipen]

Does anyone know how to open up a blank chart in MT4?
i think ive seen it done before. would be really useful for notes/ and the Dragon MM indi

[tmanbone]

Does anyone know how to open up a blank chart in MT4?
i think ive seen it done before. would be really useful for notes/ and the Dragon MM indi

Go to chart properties and change the colors all the same, depending on the color you want your blank chart. Delete all indies.

[poipen]

Does anyone know how to open up a blank chart in MT4?
i think ive seen it done before. would be really useful for notes/ and the Dragon MM indi

Go to chart properties and change the colors all the same, depending on the color you want your blank chart. Delete all indies.

wow, kinda embarrassed i didnt think of that myself. thanks for the help tmanbone

[soulmantsw]

The only way I know is just to black eveything out. Right click on chart, go to properties. Go to colors and change every thing to black.
Jamie

[tmanbone]

Does anyone know how to open up a blank chart in MT4?
i think ive seen it done before. would be really useful for notes/ and the Dragon MM indi

Go to chart properties and change the colors all the same, depending on the color you want your blank chart. Delete all indies.

wow, kinda embarrassed i didnt think of that myself. thanks for the help tmanbone

Nothing to be embarrassed about, we're all here to learn. Cheers,

[forexxx]

Below is a chart posted by Dragon pg 395.

1. In the pic the two candles with Elipses around them: why were those two candles chosen to determine momo?

2. Where can I find the overlay indicator for Hr candle over a M15 or M5 chart?

Thanks

Danny.