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

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
pablo101
rank: 500+ posts
rank: 500+ posts
Posts: 841
Joined: Tue Jun 30, 2009 3:10 pm
Reputation: 0
Real name: Pete
Gender: None specified

Postby pablo101 » Wed Jan 13, 2010 7:35 am

In this one, reason for entry, off H1Z

Image

EDIT: Out at 5 min momo down 1.6214
What line? The line that tells you which way you are trading! - MO

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

Fxtraveller
rank: 150+ posts
rank: 150+ posts
Posts: 395
Joined: Thu Nov 27, 2008 2:56 pm
Reputation: 0
Location: UK
Gender: Male

Postby Fxtraveller » Wed Jan 13, 2010 8:49 am

1) wait for momo candle on H1/H4

2) identify resistance/suport BO point

3) enter at retracement

+15 pips. im starting to become consistent in winning, but still take only half of what can be taken. oh when oh when will I stop cutting my winners short?
Attachments
gu 13012009.gif
gu 13012009.gif (19.11 KiB) Viewed 1503 times
gu m15 13012009.gif
gu m15 13012009.gif (16.97 KiB) Viewed 1503 times

spa
rank: 150+ posts
rank: 150+ posts
Posts: 184
Joined: Sun Jul 26, 2009 7:32 pm
Reputation: 0
Gender: Male

Postby spa » Wed Jan 13, 2010 10:10 am

typical day at the office.... price zeroed out held profit and started to move up as expected, but i just didn't get those 1-2 entries on the smaller time frames...
Attachments
ej5.gif
ej5.gif (30.81 KiB) Viewed 1481 times

Fxtraveller
rank: 150+ posts
rank: 150+ posts
Posts: 395
Joined: Thu Nov 27, 2008 2:56 pm
Reputation: 0
Location: UK
Gender: Male

Postby Fxtraveller » Wed Jan 13, 2010 1:28 pm

hm hm, 15 pips out of a 100 pip move on GU.... oh well, Im in the middle of exam period, thats my excuse =] this burning thought 'damn ! i could have held for so much longer!!!' ...... I keep repeating that another day will bring another opportunity

aliassmith
rank: 1000+ posts
rank: 1000+ posts
Posts: 1667
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 21
Gender: Male

Postby aliassmith » Wed Jan 13, 2010 1:53 pm

Fxtraveller wrote:hm hm, 15 pips out of a 100 pip move on GU.... oh well, Im in the middle of exam period, thats my excuse =] this burning thought 'damn ! i could have held for so much longer!!!' ...... I keep repeating that another day will bring another opportunity



I usually see people having the issue you have because they enter
with one order. People with one order look at the profits and think about
what they will lose if it goes back on them, having no other options.

I suggested to a client of mine to use multiple orders so he can take
off one order when he gets that "mouse clicking feeling" and "play"
with the other order.

He was intimidated with doing it at first, but likes the flexability.

You can think about the first order as the "bread and butter" and the
other as your "bonus".

Some people can handle "all in" and "all out' then others can't.

I personally am a multiple order guy. :)
Trade Your Way as Long as It Makes Money!

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

User avatar
dragon33
rank: 500+ posts
rank: 500+ posts
Posts: 792
Joined: Thu Sep 18, 2008 2:41 pm
Reputation: 0
Gender: Male

Postby dragon33 » Wed Jan 13, 2010 4:03 pm

aliassmith wrote:
Fxtraveller wrote:hm hm, 15 pips out of a 100 pip move on GU.... oh well, Im in the middle of exam period, thats my excuse =] this burning thought 'damn ! i could have held for so much longer!!!' ...... I keep repeating that another day will bring another opportunity



I usually see people having the issue you have because they enter
with one order. People with one order look at the profits and think about
what they will lose if it goes back on them, having no other options.

I suggested to a client of mine to use multiple orders so he can take
off one order when he gets that "mouse clicking feeling" and "play"
with the other order.

He was intimidated with doing it at first, but likes the flexability.

You can think about the first order as the "bread and butter" and the
other as your "bonus".

Some people can handle "all in" and "all out' then others can't.

I personally am a multiple order guy. :)


I'm not but i do play with a programmed strategie on dukascopy. When i trigger +8 pips the strategy put the SL at +1.
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

User avatar
adaseb
rank: 500+ posts
rank: 500+ posts
Posts: 871
Joined: Fri Aug 21, 2009 5:20 am
Reputation: 0
Gender: None specified

Postby adaseb » Wed Jan 13, 2010 4:30 pm

Dragon33

I have been reading your old posts because I am trying to find out how you trade exactly.


Do you still do the dynamic S/R with multi candle color integrated into the ZL trades?






dragon33 wrote:
aliassmith wrote:
Fxtraveller wrote:hm hm, 15 pips out of a 100 pip move on GU.... oh well, Im in the middle of exam period, thats my excuse =] this burning thought 'damn ! i could have held for so much longer!!!' ...... I keep repeating that another day will bring another opportunity



I usually see people having the issue you have because they enter
with one order. People with one order look at the profits and think about
what they will lose if it goes back on them, having no other options.

I suggested to a client of mine to use multiple orders so he can take
off one order when he gets that "mouse clicking feeling" and "play"
with the other order.

He was intimidated with doing it at first, but likes the flexability.

You can think about the first order as the "bread and butter" and the
other as your "bonus".

Some people can handle "all in" and "all out' then others can't.

I personally am a multiple order guy. :)


I'm not but i do play with a programmed strategie on dukascopy. When i trigger +8 pips the strategy put the SL at +1.

aliassmith
rank: 1000+ posts
rank: 1000+ posts
Posts: 1667
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 21
Gender: Male

Postby aliassmith » Wed Jan 13, 2010 5:21 pm

dragon33 wrote:
aliassmith wrote:
Fxtraveller wrote:hm hm, 15 pips out of a 100 pip move on GU.... oh well, Im in the middle of exam period, thats my excuse =] this burning thought 'damn ! i could have held for so much longer!!!' ...... I keep repeating that another day will bring another opportunity



I usually see people having the issue you have because they enter
with one order. People with one order look at the profits and think about
what they will lose if it goes back on them, having no other options.

I suggested to a client of mine to use multiple orders so he can take
off one order when he gets that "mouse clicking feeling" and "play"
with the other order.

He was intimidated with doing it at first, but likes the flexability.

You can think about the first order as the "bread and butter" and the
other as your "bonus".

Some people can handle "all in" and "all out' then others can't.

I personally am a multiple order guy. :)


I'm not but i do play with a programmed strategie on dukascopy. When i trigger +8 pips the strategy put the SL at +1.


I thought that was a good idea before, until MightyOne revealed his zero
line concept. Then I figured that most of the time I would be zeroed out
after moving to BE.

I tend to like the multiple orders similar to PeterCrowns or James16 MM
or the three orders similar to what MightyOne was talking about. Either
way it is about letting the last order run for what you can get to improve your R/R.

Just something to think about for traders that have "psychological" issues with holding a single order. :idea:
Trade Your Way as Long as It Makes Money!

User avatar
dragon33
rank: 500+ posts
rank: 500+ posts
Posts: 792
Joined: Thu Sep 18, 2008 2:41 pm
Reputation: 0
Gender: Male

Postby dragon33 » Wed Jan 13, 2010 6:05 pm

adaseb wrote:Dragon33

I have been reading your old posts because I am trying to find out how you trade exactly.


Do you still do the dynamic S/R with multi candle color integrated into the ZL trades?






dragon33 wrote:
aliassmith wrote:
Fxtraveller wrote:hm hm, 15 pips out of a 100 pip move on GU.... oh well, Im in the middle of exam period, thats my excuse =] this burning thought 'damn ! i could have held for so much longer!!!' ...... I keep repeating that another day will bring another opportunity



I usually see people having the issue you have because they enter
with one order. People with one order look at the profits and think about
what they will lose if it goes back on them, having no other options.

I suggested to a client of mine to use multiple orders so he can take
off one order when he gets that "mouse clicking feeling" and "play"
with the other order.

He was intimidated with doing it at first, but likes the flexability.

You can think about the first order as the "bread and butter" and the
other as your "bonus".

Some people can handle "all in" and "all out' then others can't.

I personally am a multiple order guy. :)


I'm not but i do play with a programmed strategie on dukascopy. When i trigger +8 pips the strategy put the SL at +1.


Nope i do not use that indi anymore. I just use it for the labels on certain levels. My method is specific to me. Somewhere in this topic i showed how i enter. My style is a mix of many tings grabbed together with the years. It even is changed since i started on this forum. I think what i show you now will not change anymore because it is really good.

The most important for me are the zerolines but i don't trade them i use them for confimation together with the semafors.
My entry is similar to the ratmethod. I always start on H4 and trade the M15 with H1 overlays.
Last edited by dragon33 on Wed Jan 13, 2010 6:30 pm, edited 2 times in total.
Trading is like cycling, first you need to learn how.

Two options: you either lose or win!

User avatar
dragon33
rank: 500+ posts
rank: 500+ posts
Posts: 792
Joined: Thu Sep 18, 2008 2:41 pm
Reputation: 0
Gender: Male

Postby dragon33 » Wed Jan 13, 2010 6:17 pm

aliassmith wrote:
dragon33 wrote:
aliassmith wrote:
Fxtraveller wrote:hm hm, 15 pips out of a 100 pip move on GU.... oh well, Im in the middle of exam period, thats my excuse =] this burning thought 'damn ! i could have held for so much longer!!!' ...... I keep repeating that another day will bring another opportunity



I usually see people having the issue you have because they enter
with one order. People with one order look at the profits and think about
what they will lose if it goes back on them, having no other options.

I suggested to a client of mine to use multiple orders so he can take
off one order when he gets that "mouse clicking feeling" and "play"
with the other order.

He was intimidated with doing it at first, but likes the flexability.

You can think about the first order as the "bread and butter" and the
other as your "bonus".

Some people can handle "all in" and "all out' then others can't.

I personally am a multiple order guy. :)


I'm not but i do play with a programmed strategie on dukascopy. When i trigger +8 pips the strategy put the SL at +1.


I thought that was a good idea before, until MightyOne revealed his zero
line concept. Then I figured that most of the time I would be zeroed out
after moving to BE.

I tend to like the multiple orders similar to PeterCrowns or James16 MM
or the three orders similar to what MightyOne was talking about. Either
way it is about letting the last order run for what you can get to improve your R/R.

Just something to think about for traders that have "psychological" issues with holding a single order. :idea:


I know what you mean but my entry is almost always after the first zero ;-)

If you place your entrys and stops the same as me you either win or lose a trade it is that simple!
In the picture below: white lines are entry and the red are my stops. Do you see any zero ;-)
Image

This is years of experience and steeling with my eyes while other people where teaching how to do it. You need to find your own way and when you don't give up you will believe me.
Trading is like cycling, first you need to learn how.

Two options: you either lose or win!

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


Return to “TheRumpledOne”