Bettleboxs Breakdown of Zlines and MoMos

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TygerKrane
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Postby TygerKrane » Sun Sep 25, 2011 4:27 pm

That depends. Do you see the cup as half-full or half-empty?

:wink:

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Postby TygerKrane » Sun Sep 25, 2011 4:53 pm

bettlebox wrote:I been working on my lower time frame entry methods as price enters the mightyzone. Still not sure what could be good methods.

ie
support/resistance dots indicator
rat trading into a trade
1/3 dots

can anyone offer some advice plz?

Thanks
BB

Been thinking about your question tho. Came up with this:

:idea: es/pip :idea: wrote:
Pro Trader wrote:es/pip do you enter at the zline itself shown by each of your arrows?


the line is just a line its not a signal

like MO has said its just a line in the sand, and it comes down to price closing above or below your line in the sand



:idea: es/pip :idea: wrote:
Pro Trader wrote:es/pip do you enter at the zline itself?



no

i enter different ways

rarely just offer/bid the line ---- if i do its just 1/4 or 1/3 position size, and then i add into it if it goes my way

sometimes i use the rat like dragon, other times i wait for a momentum bar on at least 1 time frame and the trade back into it

sometimes i may use a m1 lower low higher high

sometimes i just get in

its just different every time

I'm putting these to you not as a definite answer, but just as a reminder that your method can be variable, as you get more comfortable. Other than that it's really good what you did a few posts later in trying to put something together from the way your mind naturally filters out the market info it sees.

Whether it becomes the final process for you, or it doesn't - and instead it gives you a lightbulb moment to jump you off to something else - it still means you've evolved, so it's a win-win situation. :idea: :arrow: :smt032 :arrow: :D

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Postby bettlebox » Sun Sep 25, 2011 6:17 pm

Thanks for quotes Tyger i really appreciate. Thinking about it logically it must be each style of entry must be better suited to different market condition. Thats just me been logically weather its true or not is another matter.

I got trade journal now i will record all my trades in it with entry methods so i can measure performance.

I got rough trade plan to trade 1 hour i need to type it up.

half-full ready to top it up with something nice to drink

BB
TygerKrane wrote:That depends. Do you see the cup as half-full or half-empty?

:wink:
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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Postby bettlebox » Sun Sep 25, 2011 6:47 pm

Just been sitting in my chair thinking about this. This very helpful its freed me from that thought that i need one method to enter when reality of it is ok to subjective in use of entry methods instead trying to take objective view.

I feel alot better about this now.

thank you soo much Tyger.

TygerKrane wrote:
bettlebox wrote:I been working on my lower time frame entry methods as price enters the mightyzone. Still not sure what could be good methods.

ie
support/resistance dots indicator
rat trading into a trade
1/3 dots

can anyone offer some advice plz?

Thanks
BB

Been thinking about your question tho. Came up with this:

:idea: es/pip :idea: wrote:
Pro Trader wrote:es/pip do you enter at the zline itself shown by each of your arrows?


the line is just a line its not a signal

like MO has said its just a line in the sand, and it comes down to price closing above or below your line in the sand



:idea: es/pip :idea: wrote:
Pro Trader wrote:es/pip do you enter at the zline itself?



no

i enter different ways

rarely just offer/bid the line ---- if i do its just 1/4 or 1/3 position size, and then i add into it if it goes my way

sometimes i use the rat like dragon, other times i wait for a momentum bar on at least 1 time frame and the trade back into it

sometimes i may use a m1 lower low higher high

sometimes i just get in

its just different every time

I'm putting these to you not as a definite answer, but just as a reminder that your method can be variable, as you get more comfortable. Other than that it's really good what you did a few posts later in trying to put something together from the way your mind naturally filters out the market info it sees.

Whether it becomes the final process for you, or it doesn't - and instead it gives you a lightbulb moment to jump you off to something else - it still means you've evolved, so it's a win-win situation. :idea: :arrow: :smt032 :arrow: :D
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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Postby TygerKrane » Mon Sep 26, 2011 1:10 am

It's good to have options to juggle...you just need to make sure you know how to juggle first.

Add to that, the problem that none of the methods are 100%, nor will any one particular method always get you the best-best-tippy-top of a reversal point.

The point being, make sure not to drive yourself crazy or cause too much self-doubt weighing the options between your entry methods as you review your trades afterwards.
Review your entry methods yes, but don't let it cause you to get neurotic about perfection, or making yourself fearful, or paralysis-by-analysis the next time you are entering live trades.

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Postby dojirock » Mon Sep 26, 2011 1:15 am

hey guys...did ya catch the long at 102.59....e/j?
zliner..

doji
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
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Postby TygerKrane » Mon Sep 26, 2011 1:25 am

You mean from last week?
I cut my trade short
http://kreslik.com/forums/viewtopic.php?p=57704#57704

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Postby dojirock » Mon Sep 26, 2011 1:27 am

no..the long...about 10 min ago...hourly zline.... i really like to discuss some ways...you, I trade this....check your pm...

doji
"A small loss is just as satisfying as a large gain" -MO

"Sometimes we need to stop learning and start thinking...."

"Once you stack, you'll never go back!"

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Postby dojirock » Mon Sep 26, 2011 2:25 am

long at 59 again....
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Postby dojirock » Mon Sep 26, 2011 4:02 am

too slow, too tired....stopped out... back in morning

doji
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