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

[flex]

thanks! same problem there. missing h1 down momo confused me. but on the other side... m15 was just finishing a fat cat... hhhmmm...
but i think we might see a bigger downward move later today or tonight anyway.

[scheeco]

Hi Dragon , just curious about your reason to take that trade at the specific entry you did?
I am failing to see an entry - the only factors for an entry would be resistance at 1.56771 as far as I can see.
Your entry is also at that moment against H1 MOMO but with current H1 colour.
Would you mind explaining?
Thanks!

[dragon33]

[dragon33]

Hi Dragon , just curious about your reason to take that trade at the specific entry you did?
I am failing to see an entry - the only factors for an entry would be resistance at 1.56771 as far as I can see.
Your entry is also at that moment against H1 MOMO but with current H1 colour.
Would you mind explaining?
Thanks!

[scheeco]

Hi Dragon , just curious about your reason to take that trade at the specific entry you did?
I am failing to see an entry - the only factors for an entry would be resistance at 1.56771 as far as I can see.
Your entry is also at that moment against H1 MOMO but with current H1 colour.
Would you mind explaining?
Thanks!

Thanks mate!
makes sense now

[flex]

i think both dragon and i exited to early on this last trade... hmmm. we'll see.





the lost trade is just another lesson to wait for a rat entry. i thought i was smart getting "wicked" in...
but then in the end, however, i made those pips back.

[dragon33]

[dragon33]

i think both dragon and i exited to early on this last trade... hmmm. we'll see.





the lost trade is just another lesson to wait for a rat entry. i thought i was smart getting "wicked" in...
but then in the end, however, i made those pips back.

you could have made about 40 on the loser!!!

[spa]

that's a terrific chart ...congrats ....
watched the 15 min all day, nothing jumped at me that fit a ZL criteria, so no trades

[cfabian]

I do both, but I believe like better the rat entry.
My issue with it is that many times SL (the other extreme) is quite high.
Yes, we can lower lots and add after you confirm is on your way.

Rat entry on lower TF gives you the possibility of entering on higher TF's wick.

So you would not use a rat trigger. What is your ultimate entry trigger? I've seen people enter long on red candles so that they get "wicked in". The rat entry is the total opposite since the candle has to travel first in your direction quite a bit.