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

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cfabian
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Postby cfabian » Thu Jan 14, 2010 11:34 pm

WWWWWOOOOOWWWWW, this is really sick!!!!! Congrats Dragon... I'll be there at some point thanks to you... :)




dragon33 wrote:
newschool wrote:
dragon33 wrote:
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.


Dragon, this screenshot shows exactly my opinion about Forex. Entries should always be made in MOMENTUM. The goal is to turn the trade positive as soon as we can, even by 1 pip. Then if you breakeven 10 times in a row, it doesnt matter because the 11th you may double-up.

Thats how I see it, what do you think.


Hihi this is what i think, my only trade from today.

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WILL GET MY MONEY BACK FROM THOSE BASTARDS, AND I MEAN IT !!!!!
"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"

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cfabian
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Postby cfabian » Thu Jan 14, 2010 11:41 pm

Dragon, what would happen in the situations when a long ass wick candle like this is followed by th confirmation candle, will you entry at the marked point or at the breakout of the long ass candle with the #?

Also, most important for me to know, is weather the stop goes below confirmation candle, or below the long ass (it is too far away)?

Cheers

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WILL GET MY MONEY BACK FROM THOSE BASTARDS, AND I MEAN IT !!!!!

"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"

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adaseb
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Postby adaseb » Fri Jan 15, 2010 12:39 am

Dragon33

I am just wondering why you wouldn't enter at these lines instead. Both preceding candles show a reversal however one here would of stopped you out before going your way.

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roger_over
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Postby roger_over » Fri Jan 15, 2010 12:58 am

dragon33 wrote:
roger_over wrote:
dragon33 wrote:
roger_over wrote:Could someone please explain a MOMO candle for me , I cannot DL or even view the 770pages on NLA and I just cannot get my head around the momo candle, Thank you so much for your time. I appreciate any info


The simplest part to recognise that is the size of the candle. If a candle is twice as big as previous we talk about momo! In the futere you will see there will be other momo candles but that's more difficult to explain.


Dragon, Thank you so much for taking the time to explain, So basically a momo candle should indicate the continued direction and we should look to the higher TF's to confirm this,


Now higher frames overrule every lower frame! So the basics are momo on higher frame trade with the momo on the lower frames!


Great , Thanks for the help Dragon
Genius is more often found in a cracked pot than in a whole one.
E. B. White

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adaseb
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Postby adaseb » Fri Jan 15, 2010 1:02 am

cfabian

I am guessing it would be here. I didn't want to go long there because I assumed it would go down much lower at least to the H1 50%

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pablo101
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Postby pablo101 » Fri Jan 15, 2010 2:10 am

Image
What line? The line that tells you which way you are trading! - MO

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pablo101
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Postby pablo101 » Fri Jan 15, 2010 3:12 am

adjusted position on this big stop, looks like there are bulls around, let's see what happens here.

Image

EDIT: out +22

EDIT: Nutz, I didn't see the H4Z and it's convergence with the H1, should've held on for more grrrr :(
Last edited by pablo101 on Fri Jan 15, 2010 5:14 am, edited 1 time in total.
What line? The line that tells you which way you are trading! - MO

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pablo101
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Postby pablo101 » Fri Jan 15, 2010 4:15 am

gootson wrote:pablo101 do You use some indicator for Zeor lines? or just draw it by yourself? Its looks so clean and readable :O


Hi there, I draw by hand. Keeps you on your toes :)
What line? The line that tells you which way you are trading! - MO

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MightyOne
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Postby MightyOne » Fri Jan 15, 2010 5:45 am

Nice strategy Dragon *two thumbs up*

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adaseb
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Postby adaseb » Fri Jan 15, 2010 7:36 am

If only all trades were this easy.

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