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

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scratty
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Postby scratty » Mon Jan 25, 2010 5:29 pm

your right very low price action right now...
But did you saw the Z-Line on M15. Im short. Perhaps adding @M15 red Rat breakout.
Lose professionally!

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adaseb
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Postby adaseb » Mon Jan 25, 2010 5:37 pm

Yeah order filled for me. Will add when I see some downward movement.

Overall today is a boring day. Not lots of action out there.

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scratty
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Postby scratty » Mon Jan 25, 2010 5:40 pm

it is very boring... our shorts seem to pay out... where is your target?
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adaseb
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Postby adaseb » Mon Jan 25, 2010 5:44 pm

Hard to tell. Maybe 1.6170 Will look at the M5 candles and see how they form and then at the M15.

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scratty
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Postby scratty » Mon Jan 25, 2010 5:46 pm

i dont like this slow down movement, im out.
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adaseb
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Postby adaseb » Mon Jan 25, 2010 5:51 pm

scratty wrote:i dont like this slow down movement, im out.


it's still lunch hour.

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cfabian
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Postby cfabian » Mon Jan 25, 2010 6:05 pm

I'm looking to short as well, however, yes I do agree on slow motion right now... probably I first want to see action on a full H1 before going in.

Lost 17 pips this morning with EURUSD already, and not planning to screw it up again.




adaseb wrote:Yeah order filled for me. Will add when I see some downward movement.

Overall today is a boring day. Not lots of action out there.
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 » Mon Jan 25, 2010 6:15 pm

today after the new york close there might be some action in the markets due to Apple earnings release.

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MightyOne
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Postby MightyOne » Mon Jan 25, 2010 6:26 pm

I see that Vane has been reading :lol:

Bodies show the way

Wicks show the way not

~Bodies show the way when they close beyond the previous bars extreme price.
~Bodies show the way when they are compared to other bodies in the recent past.
~Wicks show the way not when they retreat from the Mighty Zone
~Wicks show the way not when, after momo, there is a breakout and price fails to close beyond the extreme.

You can never pick your own time frame :arrow: THE CHART WILL GIVE YOU THE TIME FRAME

You can never pick your own path :arrow: THE CHART WILL TELL YOU WHERE TO GO

It has never been about the lines :arrow: IT HAS ALWAYS BEEN ABOUT THE BODIES as bodies SHOW THE WAY

What does the chart as a whole tell you about what it wants to do next?

If you spend all of your time with a box of crayons drawing lines in the middle of bodies then you will never hear the voice of the market.

My methods do not tell you when to place a trade nor do zlines tell you where to enter.

My methods were always just tools that helped me make a decision with logic and discretion.

Feel free to trade in a similar manner, but just don't fool yourself into believing that you are doing things as taught by me.

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adaseb
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Postby adaseb » Mon Jan 25, 2010 6:32 pm

Would it be possible to post a chart showing this.

I am confused what you mean by "Wicks show the way not when they retreat from the MO" and "... Wicks show the way not when, after momo, there is a breakout and price fails to close beyond the extreme".


By extreme you mean the prior high and prior low on the candles correct?


MightyOne wrote:I see that Vane has been reading :lol:

Bodies show the way

Wicks show the way not

~Bodies show the way when they close beyond the previous bars extreme price.
~Bodies show the way when they are compared to other bodies in the recent past.
~Wicks show the way not when they retreat from the Mighty Zone
~Wicks show the way not when, after momo, there is a breakout and price fails to close beyond the extreme.

You can never pick your own time frame :arrow: THE CHART WILL GIVE YOU THE TIME FRAME

You can never pick your own path :arrow: THE CHART WILL TELL YOU WHERE TO GO

It has never been about the lines :arrow: IT HAS ALWAYS BEEN ABOUT THE BODIES as bodies SHOW THE WAY

What does the chart as a whole tell you about what it wants to do next?

If you spend all of your time with a box of crayons drawing lines in the middle of bodies then you will never hear the voice of the market.

My methods do not tell you when to place a trade nor do zlines tell you where to enter.

My methods were always just tools that helped me make a decision with logic and discretion.

Feel free to trade in a similar manner, but just don't fool yourself into believing that you are doing things as taught by me.

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


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