Bettleboxs Breakdown of Zlines and MoMos

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Jalarupa
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Postby Jalarupa » Thu Jan 12, 2012 7:28 pm

DOUBLE POST
Last edited by Jalarupa on Thu Jan 12, 2012 7:30 pm, edited 1 time in total.

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Postby Jalarupa » Thu Jan 12, 2012 7:29 pm

bettlebox wrote:


Use Dragon Lines everyday... and everyday they work... :)

Love em!

Did price close over a Dragon Line TM? :wink:

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Postby bettlebox » Thu Jan 12, 2012 8:32 pm

oh thanks jalarupa so im on the right track :)

Jalarupa wrote:
bettlebox wrote:


Use Dragon Lines everyday... and everyday they work... :)

Love em!

Did price close over a Dragon Line TM? :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 » Fri Jan 13, 2012 12:49 am

Ok put together how im going to test Dragonlines and extreme highs/lowers previous candles. I didn't include a 5min entry method as this can be anything you like rat trade ,wick off the line. what every entry method you like.

I will test this out.

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BB
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Postby dchappy » Fri Jan 13, 2012 2:56 am

dojirock wrote:ugh! woke up to this stop out.. :(



Hi Doji ..

When I want to hold one overnight or just a day or so , I will look for a HTF

stop ..1H or 4H .. My thinking is that it is a stronger stop for a longer period of time ..

Looks like this 4H would have saved the trade ..with very little extra risk .

I draw my lines from the body of the bar opposite the extreme wick ..

Just a thought :wink: ..nice trades btw :smt023
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Postby Jalarupa » Fri Jan 13, 2012 4:36 am

bettlebox wrote:Ok put together how im going to test Dragonlines and extreme highs/lowers previous candles. I didn't include a 5min entry method as this can be anything you like rat trade ,wick off the line. what every entry method you like.

I will test this out.

PAGE 1


PAGE 2


PAGE 3


BB


Hey BB

Not that I want to spoil your creative endeavor...

But Dragon (from what I have picked up) favours the H1 time frame for these lines...

Rather don't use the indicator and start eyeballing the H1 time frame either directly or via a CC COMBINATION and start to pick off where a line has stalled dither directional advancement... It should be easy to see... Then you have a directional bias for considering... Add to that how dragon notes that price likes play inside of the H4 candle and you have your profit targets and further dragon lines...

But word of advice... Ditch the indicator... Start seeing these things without it... Look at the extremes and off Fibonacci retrace levels for your H1 dragon lines...

Just try it...

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Postby Jalarupa » Fri Jan 13, 2012 5:31 am

Image

**EDIT**

Don't get me wrong... I can pickup many instances where H4 Dragon Lines did and do effect directional bias in the Macro scheme of things... But for short term moves I favour the H1... Matter of personal preference I guess..

Hope this helps you see things the way I've been seeing them...
Last edited by Jalarupa on Fri Jan 13, 2012 5:37 am, edited 1 time in total.

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Postby bettlebox » Fri Jan 13, 2012 5:37 am

Hi Jala

cool the 1hr Dragonlines ah just sitting here thinking about i see why 1 hr would be better, because in a 4hr swing arm you will have severval 1 hour turning points. Interesting. I like the sound of that. 8)

When i read dragons post on key levels in a 4hr candle. that is when momos fell into place for me, huge ah ha moment .

Understand what you are saying without indicator it forces you to really look at the chart.

thanks Jala i appreciate the input its very helpful.

BB

Jalarupa wrote:
bettlebox wrote:Ok put together how im going to test Dragonlines and extreme highs/lowers previous candles. I didn't include a 5min entry method as this can be anything you like rat trade ,wick off the line. what every entry method you like.

I will test this out.

PAGE 1


PAGE 2


PAGE 3


BB


Hey BB

Not that I want to spoil your creative endeavor...

But Dragon (from what I have picked up) favours the H1 time frame for these lines...

Rather don't use the indicator and start eyeballing the H1 time frame either directly or via a CC COMBINATION and start to pick off where a line has stalled dither directional advancement... It should be easy to see... Then you have a directional bias for considering... Add to that how dragon notes that price likes play inside of the H4 candle and you have your profit targets and further dragon lines...

But word of advice... Ditch the indicator... Start seeing these things without it... Look at the extremes and off Fibonacci retrace levels for your H1 dragon lines...

Just try it...
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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Jalarupa
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Postby Jalarupa » Fri Jan 13, 2012 5:43 am

Merely quoting the masters...

Anytime... ;-)
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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Postby bettlebox » Fri Jan 13, 2012 5:45 am

Thanks for chart jala i see them. I can see the opportunities.

BB

Jalarupa wrote:Image

**EDIT**

Don't get me wrong... I can pickup many instances where H4 Dragon Lines did and do effect directional bias in the Macro scheme of things... But for short term moves I favour the H1... Matter of personal preference I guess..

Hope this helps you see things the way I've been seeing them...
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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