Kreslik.com - traders community since 2006

5 Hours of screen time, 9 trades: 8 losses and 1 BE. My stop was always below Momo candle. All higher timeframes are pointing up. Not sure what is wrong with me, I guess I am too stupid to understand all of this. http://i33.tinypic.com/23mu7bl.gif http://i36.tinypic.com/241s3fm.gif

For ZL fans.

Azuremaster, these 3 trades I took today on GBP/JPY 5M chart. It shows how I understand ZL idea. Maybe I did not catch this method properly, but the most important thing is, that it works for me. Hope it can help you a bit. Thanks Manta. I saw that potential ZL area on 1h and 4h GJ charts. It was a...

someone call me----------------lol Hello ES/PIP, nice to have you here again. I really like your charts and efforts to help! To the OP that posted all the zline trades and had 2 winners out of 18 trades. ------#1--- that is a 5 min chart and you made 18 trades in like 3 hrs---- too much. Well, I co...

In the beginning i used it as a signal to get in. Now i only use it to trade the right direction. Nothing more. I have switcht my trading to the H1 if this can satisfy me then i am going to do the same on the H4. The last few weeks i am more relaxed as ever before. I can choose nice entry's make ni...

If price never falls back to the zone then trade in the direction of profit beyond the momentum bar's close. Are you talking that I can immediately buy at market if price goes above the momentum bar? Zero line Methods don't tell you when to enter they tell you in which direction and around where to...

Zero Lines are only for discretionary traders and that is why there are only about 5 or so traders on this forum that make money with them. OK They were meant to be analyzed on 4 hour or greater time frames! If you want to use them on a 5m chart then go ahead and act a fool :lol: Wow MightyOne, now...

Personally my zline trade involves a breakout and a momo bar, and follow the saying "body in the direction of profit, wick in the direction of loss. The chart was for a long trade. The candle after the momo bar "wicked" the zline and up it went :) I see, so you wait for the bar that ...

Azuremaster, might be you can describe how you come up with the zlines on the chart. I am sure MO and others would be happy to help you. I am in a same boat as you - I have readed NLA twice and am re-reading it again. Here's my interpretation of zline (attached chart). Basically the line help us to...

PTG wrote:@Azuremaster:
The name is es/pip
You can use the forum search function to check all his posts re. z-lines.

Thanks PTG, I have read the thread 2 times and have studied all of his charts. Probably I am blind and can not see what you guys see. Please recommend a good doctor then