Nice trading, Gary.
Please post a chart or 2 so we can see what you see.
Thanks.
Horizontal Line Psycho Trades
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can you see it
Can you See it?
As I was making notes on this chart the GBP/USD payed out another 25 pips!!
MightyOne- I saw a perfect zline entry, but I am focusing on only one method, so I waited for my rules to play out then entered according to plan. The zline entry would have added 35 pips
Gary
As I was making notes on this chart the GBP/USD payed out another 25 pips!!
MightyOne- I saw a perfect zline entry, but I am focusing on only one method, so I waited for my rules to play out then entered according to plan. The zline entry would have added 35 pips
Gary
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The way I saw the zline was wicks down with bodies moving up.
Are zlines only at the bodies open/close.
Here is a chart from MightyOne I see 1.2765 and 1.2760 , entry orders drawn from wicks.
I may be incorrect in what I see. I am just observing zlines and how price reacts to them while I am focusing on psyco trades at horizontal lines.
Gary
Here are 2 more Psyco trades from today at London open and NY open.
Are zlines only at the bodies open/close.
Here is a chart from MightyOne I see 1.2765 and 1.2760 , entry orders drawn from wicks.
I may be incorrect in what I see. I am just observing zlines and how price reacts to them while I am focusing on psyco trades at horizontal lines.
Gary
Here are 2 more Psyco trades from today at London open and NY open.
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Please explain
Gary,
Please explain what you mean by:
"I waited for the cross of the line opposite the last candle color "
Does this mean you took long crosses only if the prior 5 min candle was red? And short crosses if only the prior 5 min candle was green?
thanks
Richard
Please explain what you mean by:
"I waited for the cross of the line opposite the last candle color "
Does this mean you took long crosses only if the prior 5 min candle was red? And short crosses if only the prior 5 min candle was green?
thanks
Richard
Richard,chuchu wrote:Gary,
Please explain what you mean by:
"I waited for the cross of the line opposite the last candle color "
Does this mean you took long crosses only if the prior 5 min candle was red? And short crosses if only the prior 5 min candle was green?
thanks
Richard
I only took long crosses if the previous H1 candle color was RED
I only took short crosses if the prev H1 candle color was GREEN
Gary
I started counting candles and trading in the oposite direction of a series of candles in one direction same also following the 1H candle color. Scored +60 pips yesterday in 3 trades.
JUAN
JUAN
Last edited by JESGPY on Sat Feb 07, 2009 3:14 pm, edited 1 time in total.
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