Kreslik.com - traders community since 2006

Welcome mob.

These 3 different timeframes on your chart look interesting and handsome. May I ask the name of the indicator ? Thanks.

Michael Jordan Quote "I've missed more than 9000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed." I love it. Thank you for posting it here!

I think I understand now how to use equilibrium lines. I find the candle bodies with largest momo and draw and angle line through center of the bodies. http://i46.tinypic.com/rtmjdh.gif As this was 45* degree move upwards, 22.5* correction should follow. I made my prediction :lol:

But I chickened out and took my profit earlier (happens a lot )

Scratty, I feel a bit uncomfortable posting my charts in your thread but I thought it's better to discuss ZL here than make a new thread. Let me know if you want to keep the thread for your ZLines. Ok heres a pic http://i50.tinypic.com/10fwft0.gif Price just hit daily zeroline but ahead there is H1 ...

Some thoughts? The last cutted arrow is the entry signal... http://kreslik.com/forums/userpix/10049_ScrattyZLineModel_1_1.jpg Did you highlight that CC by hand, because there are a lot of errors. We (i) do not do it like that because price loses the power of the Momentum Candle the further it is fr...

Some thoughts? The last cutted arrow is the entry signal... http://kreslik.com/forums/userpix/10049_ScrattyZLineModel_1_1.jpg Did you highlight that CC by hand, because there are a lot of errors. We (i) do not do it like that because price loses the power of the Momentum Candle the further it is fr...

Some thoughts? The last cutted arrow is the entry signal... http://kreslik.com/forums/userpix/10049_ScrattyZLineModel_1_1.jpg Did you highlight that CC by hand, because there are a lot of errors. We (i) do not do it like that because price loses the power of the Momentum Candle the further it is fr...

I don't trade this pair but Daily high is also at zeroline. So down we go ? Maybe a double top before we go ?

Ease depends on you, not the market. If price goes up 100 pips and then down 100 pips, what is easier? The distance traveled is the same so the profit/loss potential is the same. It make take longer to go up than down or vice versa on any given day. The bias is relative to the time period. And it i...