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I can also trade profitably.

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I just don't have the balls to hold the trade longer LOL

Hey, Dragon, any idea how to avoid these kind of unfortunate trades..? Analysis. Price came out of a s/r area, H4 was green. On H1 (overlay) I saw a momo bar. Then I put on a M15 rat trade. http://i46.tinypic.com/aeobd5.gif http://i46.tinypic.com/son6nr.gif

flex, are you still around? Doing well? I'm having the same problems you had a couple of pages back..

http://i45.tinypic.com/dn11js.gif http://i45.tinypic.com/290sith.gif :smt039 In this situation I thought I saw momo buildup. Also h1 closed bigger than the previous one. But in hindsight I think that I should not have entered because h4 just closed with a bigger red candle? Dragon, what do you thin...

This one worked. However, I could have added more to my position and also price did go way higher than I expected. I did not expect it to go all the way into the upper H4 candle. Dragon, when you add to a position, what do you look for? :) http://i45.tinypic.com/2ryjc45.gif http://i45.tinypic.com/23...

Thank you so much dragon33. :smt058 But I am sure I will have more questions as trading opportunities present themselves in the next days and weeks. Eh, maybe one more for today: When you mark your charts, draw a line and write "IN", I am never really sure where exactly you enter, since so...

Yeah, I saw there were long trades/must have been long trades earlier, but I was no where near my computer.

Using the same style as the short trade you marked, would you have taken the earlier short trade also (around ~1100 hours broker time)? If not, why not?

Oh, I just saw price came down while posting... But still it hit my stop loss before.

Hi :smt039 dragon33, thank you for your explanations. However, how do you handle these situations? Analysis http://i42.tinypic.com/4qnbwj.gif I used custom candles to mark this momentum. Then I saw that price would not close above the previous candle. So I entered short off the low of the red M15 ba...

Hi :) es/pip, I see your lines and I also understand Z lines, but I have always wondered where or when exactly you enter. I have tried it a lot of times to enter at a line, but price would close against me more often than not. Do you wait for a close or a breakout? Could you draw some little arrows ...