lukx zline trading log + cfabian p.35 + adaseb p.48

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
lukx
rank: 500+ posts
rank: 500+ posts
Posts: 789
Joined: Wed Feb 04, 2009 5:10 pm
Reputation: 0
Gender: Male
Contact:

lukx zline trading log + cfabian p.35 + adaseb p.48

Postby lukx » Mon Oct 26, 2009 5:59 am

Ok I decided to put a log as many of you guys recommend me to do so I could see better what I'm doing wrong and how to fix it.
I will screen grab every trade I take, and then the outcome.

I'll be only looking at EURUSD, GBPUSD, EURJPY.
I'll be using only 4h and 1H time frame.
Last edited by lukx on Thu Nov 26, 2009 4:08 am, edited 4 times in total.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
lukx
rank: 500+ posts
rank: 500+ posts
Posts: 789
Joined: Wed Feb 04, 2009 5:10 pm
Reputation: 0
Gender: Male
Contact:

Postby lukx » Mon Oct 26, 2009 6:00 am

Image
Last edited by lukx on Mon Oct 26, 2009 6:28 am, edited 1 time in total.

User avatar
Kenyuki
rank: 150+ posts
rank: 150+ posts
Posts: 186
Joined: Fri Sep 25, 2009 8:00 pm
Reputation: 0
Gender: None specified

Postby Kenyuki » Mon Oct 26, 2009 6:24 am

Hello lukx,

Good idea. Wish you much trading success!

Would you care sharing your method, money management and trading times (what session)?

Cheers,
Ken.

User avatar
lukx
rank: 500+ posts
rank: 500+ posts
Posts: 789
Joined: Wed Feb 04, 2009 5:10 pm
Reputation: 0
Gender: Male
Contact:

Postby lukx » Mon Oct 26, 2009 6:46 am

Method:
Zero lines:
Image
I look where am I at 4H (looking for momo at 4H, than for momo on 1H and then waiting for momo 1H to got zeroed and enter in direction on 4H)
For short MA got to slope down stoch in over bought area. Long opposite.

Trading times:
End of Tokyo, whole London, whole NY (so basically my whole day)

Money management:
trading 0.02 lots
SL at the top or bottom of 4H candle(depends if it;s for short or long of course) Usally around 20 pips.
TP next Zeroline, usally X4 of SL. Might jump off the boat when got x2 of SL.
Last edited by lukx on Mon Oct 26, 2009 8:07 am, edited 1 time in total.

User avatar
Kenyuki
rank: 150+ posts
rank: 150+ posts
Posts: 186
Joined: Fri Sep 25, 2009 8:00 pm
Reputation: 0
Gender: None specified

Postby Kenyuki » Mon Oct 26, 2009 6:48 am

Cool thanks. Who's your broker lukx?

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
lukx
rank: 500+ posts
rank: 500+ posts
Posts: 789
Joined: Wed Feb 04, 2009 5:10 pm
Reputation: 0
Gender: Male
Contact:

Postby lukx » Mon Oct 26, 2009 6:53 am

I'm using Oanda for orders, and Alpari for charting.

User avatar
lukx
rank: 500+ posts
rank: 500+ posts
Posts: 789
Joined: Wed Feb 04, 2009 5:10 pm
Reputation: 0
Gender: Male
Contact:

Postby lukx » Mon Oct 26, 2009 8:03 am

based what I watched here http://transcripts.fxstreet.com/2008/11 ... -is-r.html
I'm adding simple MA and Stoch to better see supply and demand. So trade long zl long when MA up stoch moving up from 20. Short opposite. So I'm closing my trade as soon as in profit because based on MA and stoch I should be looking for long and not short.


Image

User avatar
lukx
rank: 500+ posts
rank: 500+ posts
Posts: 789
Joined: Wed Feb 04, 2009 5:10 pm
Reputation: 0
Gender: Male
Contact:

Postby lukx » Mon Oct 26, 2009 11:21 am

second trade today:
Image

User avatar
lukx
rank: 500+ posts
rank: 500+ posts
Posts: 789
Joined: Wed Feb 04, 2009 5:10 pm
Reputation: 0
Gender: Male
Contact:

Postby lukx » Mon Oct 26, 2009 12:08 pm

well my entry at 1h wasn't too good, it move very close to SL.
I think it might be good to look at 5M for enters.
I could enter higher on 5m zl and already got 14 pips:
Image

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 645
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 2
Gender: Male
Contact:

Postby PTG » Mon Oct 26, 2009 12:55 pm

Trading log - very good ! :smt023

About the last trade: you jumped the gun. Wait for the CCI to go back through +100.

If you switch to H4, there is a stop and reverse situation.
Switch to H1; the H1 of 0700 (Alpari server time) was a momo; you could have placed an order on 1.6277 going long. target the highest point (in the this case the open) of the last momo bar in the run down (26 oct. 00:00). There were 29 pips in that setup (I haven't checked M5, could have been more).

My 0.02$ (not worth much these days... lol).

PS forgot to say that you don't want to sell into a demand zone. This may be the end of the run down; going short definitely needs a confirmation of the fact that there are no more buyers.
This is my new signature: "new signature".

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”