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

[cfabian]

My trade from today. +34 pips.

I wanted to hold longer. My interpretation is that is going shorter though. However that long momo H1 caused me noise, so exited at that ZL. If this H1 candle closes with momo, I probably be looking to reentry at the retrace.

What are your thoughts?

[cfabian]

My trade from today. +34 pips.

I wanted to hold longer. My interpretation is that is going shorter though. However that long momo H1 caused me noise, so exited at that ZL. If this H1 candle closes with momo, I probably be looking to reentry at the retrace.

What are your thoughts?

And is going down.... let's see what happens next.

[pablo101]

My trade from today. +34 pips.

I wanted to hold longer. My interpretation is that is going shorter though. However that long momo H1 caused me noise, so exited at that ZL. If this H1 candle closes with momo, I probably be looking to reentry at the retrace.

What are your thoughts?

And is going down.... let's see what happens next.

Hi cfabian, nice trading, I'm short on the EJ and its looking good so far *rubbing rabbits foot*

Can you give me an idea of how you are using that range gauge you have on your charts? Is it for exits and is it useful for your intra day trading?

Thanks

[cfabian]

My trade from today. +34 pips.

I wanted to hold longer. My interpretation is that is going shorter though. However that long momo H1 caused me noise, so exited at that ZL. If this H1 candle closes with momo, I probably be looking to reentry at the retrace.

What are your thoughts?

And is going down.... let's see what happens next.

Hi cfabian, nice trading, I'm short on the EJ and its looking good so far *rubbing rabbits foot*

Can you give me an idea of how you are using that range gauge you have on your charts? Is it for exits and is it useful for your intra day trading?

Thanks

Hi Pablo, thanks!!!
About that range gauge, I don't really use it much. It is there just to have an idea if there is a possible price exhaustion mainly in H1-H4 and D1. If price movement in specific TF is around its average, chances are it wont go further, so you may not want to go long if today price has already moved close to its daily range. That's about it.

My exits currently are more about price not closing over a line, candle not breaking previous candle, or ZL.

Cheers

[pablo101]

Hi Pablo, thanks!!!
About that range gauge, I don't really use it much. It is there just to have an idea if there is a possible price exhaustion mainly in H1-H4 and D1. If price movement in specific TF is around its average, chances are it wont go further, so you may not want to go long if today price has already moved close to its daily range. That's about it.

My exits currently are more about price not closing over a line, candle not breaking previous candle, or ZL.

Cheers

Thanks!

[cfabian]

[FXfreak]

trade from london session today:

h4 zline taken out, 15min momo, entry at 15min zline, target open of last long red h1 candle.

[jarnapal]

It would be interesting to see what comes out of this.

[maestro007]

It would be interesting to see what comes out of this.

Interesting chart.. I was also look at that area where you have marked. I am thinking either a bounce from here back north or potentially a drop further down (as much as 40-60 pips) before coming North again.

What are you expecting? Or are you just waiting for price to close or not close over a line?

[cfabian]

Currently in this trade. Let's see if I can hold. Top of the day... previous D1 big short momo. D1 ZL, so everything almost line up.