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

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IN-XS
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Postby IN-XS » Wed Jan 20, 2010 2:51 pm

Should have sat on my hands, keep forgetting! What will happen now, will it reverse and is it viable? as there is 3 sema on the 15M, but nothing on the 4H, so I would be trading against the 4H direction.

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IN-XS
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Postby IN-XS » Wed Jan 20, 2010 2:54 pm

Looking at the 4H now, I think it will go a little bit futher, so I am going to wait for a 4H sema, before I think about a reversal.

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Postby IN-XS » Wed Jan 20, 2010 3:04 pm

Looking at the EUR/JPY daily chart, it looks like it will go up very soon! Thats just my opinion, trying to determine valid trades!

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Postby gfg1 » Wed Jan 20, 2010 3:07 pm

Have been following this thread for a while. Thanks to all, especially Dragon for painstakingly helping the faint of heart. Here is my first go at implementing what Dragon has preached. Hope am on the right track. Problem was, chickened out way too early with only 5 pips.

Based on Dragon's prior comment, the 4 hour had a sema on the bottom indicating to go long. On 15 minute the trigger was at 1.6265. The target was the 4 hour MZ of 1.6282.

Thanks to all for the help.
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IN-XS
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Postby IN-XS » Wed Jan 20, 2010 3:09 pm

Trading against the direction on this one, but saw room for a trade!

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Postby IN-XS » Wed Jan 20, 2010 3:12 pm

Same on this one, not looking to hold these for long, as I am against the direction of the 4H sema.

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Postby IN-XS » Wed Jan 20, 2010 3:14 pm

My entry was a bit late on that last one!

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Postby IN-XS » Wed Jan 20, 2010 3:25 pm

What custom candle indicator is it that you guys are using that allows you to change the style of the line, so its not solid? If it's ok, could someone post it please?

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Postby IN-XS » Wed Jan 20, 2010 3:57 pm

Closed this trade as it hit 1H zline.

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Postby IN-XS » Wed Jan 20, 2010 3:59 pm

Gonna close this one aswell, as it is touching the 1H zline at the moment!

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