prochargedmopar wrote:I really am curious what happened to all the "big shots" that use to peruse these boards.
No internet reception on their islands
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prochargedmopar wrote:I really am curious what happened to all the "big shots" that use to peruse these boards.
aliassmith wrote:Old Skool
Using a high(er) time frame Point of Interest then entering on the M5 or M15 chart
Did this kind of stuff with Mightyone years ago, yes Zlines still work.
IN this case the high time frame is the 1 hour
The trigger and risk is from the M5 chart about 4 pips risk.
Those 4 pips can be .5%, 1%, 2% or whatever, its your money.
on a 1:100 leverage you can go about 4% risk. Those are fun if you have some profit cushion
So that is the entry.
You have some YOLO cash and you are risking $1000/pip
How do you exit?
Lvup7 wrote:aliassmith wrote:Old Skool
Using a high(er) time frame Point of Interest then entering on the M5 or M15 chart
Did this kind of stuff with Mightyone years ago, yes Zlines still work.
IN this case the high time frame is the 1 hour
The trigger and risk is from the M5 chart about 4 pips risk.
Those 4 pips can be .5%, 1%, 2% or whatever, its your money.
on a 1:100 leverage you can go about 4% risk. Those are fun if you have some profit cushion
So that is the entry.
You have some YOLO cash and you are risking $1000/pip
How do you exit?
Hi, What do you mean by order block? Is that an indicator similar to ratzone? Thanks.
aliassmith wrote:Lvup7 wrote:aliassmith wrote:Old Skool
Using a high(er) time frame Point of Interest then entering on the M5 or M15 chart
Did this kind of stuff with Mightyone years ago, yes Zlines still work.
IN this case the high time frame is the 1 hour
The trigger and risk is from the M5 chart about 4 pips risk.
Those 4 pips can be .5%, 1%, 2% or whatever, its your money.
on a 1:100 leverage you can go about 4% risk. Those are fun if you have some profit cushion
So that is the entry.
You have some YOLO cash and you are risking $1000/pip
How do you exit?
Hi, What do you mean by order block? Is that an indicator similar to ratzone? Thanks.
Order blocks are a term from inner circle trader. He has a youtube channel and you can also learn it on mentfx channel. It is similar to a zline in many instances.
spacamonte wrote:TRO has recently added some order block indis to his 2021 bundle, FYI. They often coincide with a momo candle for finding zlines - or maybe the algorithm is similar to Blubb's. He keeps adding more great stuff... P.S. Longtime lurker here, you guys have taught me so much!
AUDUSDM30.png
spacamonte wrote:It is MA_in_Color_TRO_MODIFIED_VERSION. The colors are reversed by default I think, so I changed and recompiled. Comes in his bundle too. I have the original from Forex Factory if you need it...
spacamonte wrote:TRO has recently added some order block indis to his 2021 bundle, FYI. They often coincide with a momo candle for finding zlines - or maybe the algorithm is similar to Blubb's. He keeps adding more great stuff... P.S. Longtime lurker here, you guys have taught me so much!
AUDUSDM30.png