Kreslik.com - traders community since 2006

My trade breakdown

4hr analysis

You're right, it doesn't translate :) Price does not close, ever. 'Close' is defined by an arbitrary time bar that you are putting significance on because it's what you've been given to work with by your broker. If your broker supplied you with 92.5 minute bar charts you'd be putting significance o...

Define 'close' Say my horizontal i chose was open of previous 1hr. Once price hits this and wicks into it I would enter if price closes below my line i drawn. I watch and keep trade open til it hits my target or. if I watch price and any 1hr candle closes above the open of the 1hr I mark i would ge...

Just mark a line anywhere. When price hits that line and doesn't close beyond enter. Once in the trade If it closes above line close the trade...

To me that makes perfect sense...


Well first of is this answer even right?


But how would tp be determined... 1:3 off stoploss?

Yes totally. That's where I believe my downfall is. I read while trading and I read the threads I see concepts of how to trade and I wanna try each and everyone of those ways.

I gotcha. I agree. So if ideas I get from it don't work. I just will blindly continue trying new concepts until something starts working consistently. Which I have been doing. The main thing that sticks out is Trade what you see. when there is break out trade what price is doing.. Momentum trade wic...

Seeing a couple new changes in this thread lately. Just got back from vacation and now ready to put all my efforts in learning how to trade. First of someone tell me WHY CAN'T I SEE WHAT MO and TRO are showing me. I have read the babypips thread NLA before it was deleted. I read the NLA and the LUKZ...

[align=justify]Wow. I've been following all your posts quietly for three years still trying to get everything down. You were the only person on this thread that made sense to me. Uggh First Dragon, then dojirock now you!!! Even Mightyone left at some point... Hopefully you can change your mind as I ...

Just woke up. Ughhh.ill mark up the charts later to show you what I think i could have done

I think the safest way to trade that would be to have a sell limit at the open of that recent bear momo, possibly the 50% and ride it down to the open of the bull momo. See what happens at that area, wait for 1hr to close down over or for some wicks to gather for a ride up.. Just my opinion. Hey Da...