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: 973
Joined: Tue Jun 30, 2009 3:10 pm
Reputation: 43
Real name: Pete
Gender: None specified

Postby pablo101 » Mon Jan 25, 2010 12:43 pm

"Don't move the stop loss!" That's my guess :)
WAS A YALE STUDENT. Now? Let's see!

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

User avatar
pablo101
rank: 500+ posts
rank: 500+ posts
Posts: 973
Joined: Tue Jun 30, 2009 3:10 pm
Reputation: 43
Real name: Pete
Gender: None specified

Postby pablo101 » Mon Jan 25, 2010 12:46 pm

lukx wrote:so far 2 trades I got today based on zl method:
1st one 20 pips (long)
2nd one 20 pips (short) = 40 pips in total = I'm happy :)

Image


:P
WAS A YALE STUDENT. Now? Let's see!

User avatar
IN-XS
rank: 150+ posts
rank: 150+ posts
Posts: 304
Joined: Tue Jan 27, 2009 12:00 am
Reputation: 0
Location: UK
Gender: Male

Postby IN-XS » Mon Jan 25, 2010 1:27 pm

The bottom trade was from last night before I went to bed, missed the exit at the 3 sema, so now the second trade is a slightly aggresive entry, but hoping for a short scalp and close both trades at around 1.61742.

Image

User avatar
vane
rank: 50+ posts
rank: 50+ posts
Posts: 127
Joined: Thu Jan 21, 2010 10:11 pm
Reputation: 2
Gender: Female
Contact:

Postby vane » Mon Jan 25, 2010 1:49 pm

MO are you talking about the MOMO pattern?

lesson 1: body in the direction of the gain but it is very obvious.

perhaps are your talking about momentum and how we have to look it??

:smt115 Momentum pattern is as follows:

+x, +y, +x, +y, etc.

If +x, +y then -x, -z is needed to reverse.

+x, +y = candle in the direction of profit.

:smt090

Image
Last edited by vane on Mon Jan 25, 2010 1:58 pm, edited 2 times in total.

User avatar
IN-XS
rank: 150+ posts
rank: 150+ posts
Posts: 304
Joined: Tue Jan 27, 2009 12:00 am
Reputation: 0
Location: UK
Gender: Male

Postby IN-XS » Mon Jan 25, 2010 1:56 pm

It worked out nicely, already closed out my small scalp trade, hoping for more of a pullback to the 3 sema area before I close my trade from last night. Then I will think about shorting.

Image

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

Pema
rank: <50 posts
rank: <50 posts
Posts: 11
Joined: Sat Apr 25, 2009 7:27 pm
Reputation: 0
Gender: Male

Postby Pema » Mon Jan 25, 2010 2:13 pm

Hey Guys ,

First trade today and 3 % profit.

It's ok for me now


Peter

User avatar
IN-XS
rank: 150+ posts
rank: 150+ posts
Posts: 304
Joined: Tue Jan 27, 2009 12:00 am
Reputation: 0
Location: UK
Gender: Male

Postby IN-XS » Mon Jan 25, 2010 2:31 pm

GBP/JPY very aggressive entry, but after going through Mightyone's posts and Sam Seiden's video's I am trying to find my entries on the pullback to supply or demand area's. Which should give me low risk, high reward trades, in theory anyway!

Image

User avatar
IN-XS
rank: 150+ posts
rank: 150+ posts
Posts: 304
Joined: Tue Jan 27, 2009 12:00 am
Reputation: 0
Location: UK
Gender: Male

Postby IN-XS » Mon Jan 25, 2010 2:54 pm

SL hit on GBP/JPY, forgot to look at higher timeframe's, still looks like there is room to go higher.

Closed out my trade from last night on the GBP/USD, again didn't look at the higher timeframe's.

Higher timeframe's always rule over smaller one's! (Note to self)

Fxtraveller
rank: 150+ posts
rank: 150+ posts
Posts: 395
Joined: Thu Nov 27, 2008 2:56 pm
Reputation: 6
Location: UK
Gender: Male

Postby Fxtraveller » Mon Jan 25, 2010 3:20 pm

vane wrote:MO are you talking about the MOMO pattern?

lesson 1: body in the direction of the gain but it is very obvious.

perhaps are your talking about momentum and how we have to look it??

:smt115 Momentum pattern is as follows:

+x, +y, +x, +y, etc.

If +x, +y then -x, -z is needed to reverse.

+x, +y = candle in the direction of profit.

:smt090

Image


Of all the things I thought about this chart, the 'pattern' escaped me. well done vane, I see it differently now.


My own thoughts: we see only bodies on the chart, so bodies are the ones that count. we see a first strong bear body, and once price closes below Highest Low - we sell. oh, and the angle at which the price starts to drop as well, is more intense than the angle at which it was going up.


MO? what is it then?

User avatar
gootson
rank: <50 posts
rank: <50 posts
Posts: 42
Joined: Thu Jan 14, 2010 1:20 pm
Reputation: 4
Location: Lublin
Real name: Bartosz
Gender: Male

Postby gootson » Mon Jan 25, 2010 3:47 pm

I think we have to congratz Lukx, today he has double his account. ;) I dont know if this is the first time he did it but CONGRATULATIONS LUKX!.
Experience is one thing you can't get for nothing.

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


Return to “TheRumpledOne”