Kenyuki's BuyZone Trading Blog

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noone22
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Postby noone22 » Thu Oct 22, 2009 11:38 am

Please, could you all guys
press Enter after putting 50-60 characters of text
in your forum messages to make it easier to read
(without horizontal scrolling), as I do.

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Horizon
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Postby Horizon » Thu Oct 22, 2009 12:33 pm

Ken,

Your message made me laugh.. aside from the good tips you have given me (and thank you for taking the time to answer my questions so well)... you are right. I have to keep that head of mine under control and stay focus.

Thanks. Sometimes you need to be reminded.
Horizon

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Patch
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Postby Patch » Thu Oct 22, 2009 12:58 pm

noone22 & Ken

This is a GBPUSD, M1 chart, is the short and long entry target 3 or 4 pips?
What do the two dashed red and blue lines represent?
Look at those five candles leading up to the hour, barely a wick or tail seen!

Great job !

Patch
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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Kenyuki
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Postby Kenyuki » Fri Oct 23, 2009 5:15 am

Hello Patch,

Patch wrote:This is a GBPUSD, M1 chart, is the short and long entry target 3 or 4 pips?


3-4 pips.

Patch wrote:What do the two dashed red and blue lines represent?


Blue lines = Buy Zone
Red lines = Sell Zone

For long:

I use the lower blue line as my stop entry.
I use the upper blue line as my limit entry.


For short:

I use the upper red line as my stop entry.
I use the lower red line as my limit entry.

Cheers,
Ken

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lukx
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Postby lukx » Fri Oct 23, 2009 5:18 am

so Kenyuki, so far you're profitable with this whole bz? how much you're able to gain each day?

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Kenyuki
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Postby Kenyuki » Fri Oct 23, 2009 5:20 am

Hello noone22,

noone22 wrote:But in fact, 1.65961 is top border of BuyZone,
and if you're going Long, price supposed to go Up,
so it the far-most border.

But 1.65891 is top border of SellZone,
and if you're going Short, price supposed to go Down,
but it is the closest border.

For me, it's inconsistency and Entry for Short
must be at 1.65881, which is bottom border of SellZone.


Oh, that. Yes I noticed that too. But it's not a biggie, as long as you know what to do, I think.

For long:

I use the lower blue line as my stop entry.
I use the upper blue line as my limit entry.


For short:

I use the upper red line as my stop entry.
I use the lower red line as my limit entry.


Cheers,
Ken

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Horizon
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Postby Horizon » Fri Oct 23, 2009 5:21 am

Ken,

It is 6:00am and I am up. First win of the day.
Lukx.. Good quote. Very true

Horizon

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Kenyuki
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Postby Kenyuki » Fri Oct 23, 2009 5:23 am

600 trade:

Image

Long @ 1.66557, exit @ 1.6649

Total pips = -7
Last edited by Kenyuki on Fri Oct 23, 2009 6:12 am, edited 1 time in total.

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Kenyuki
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Postby Kenyuki » Fri Oct 23, 2009 5:26 am

Hello lukx,

lukx wrote:so Kenyuki, so far you're profitable with this whole bz? how much you're able to gain each day?


I'm still figuring this out.

Please note that I only went live on 20/10/2009.

Let's see in 3 months time or so.

In the meantime, you can check my progress here.
I promise to be honest :lol:

Cheers,
Ken.

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lukx
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Postby lukx » Fri Oct 23, 2009 5:29 am

Ken, you're entering long when bid or ask price hit the bz? same question for short.

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