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

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Fxtraveller
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Postby Fxtraveller » Mon Jan 25, 2010 8:11 pm

' The further you get away from momo the less useful it becomes'

YES. now it is finally confirmed =]]] All this time I'd feel anxious if the price would move far away and then come back.... it didnt feel right. and I couldnt tell why, just subconscious feeling based on hours of observation but without giving proper consideration.

the quicker price moves back to Zline traders out, the more secure I'd feel.... I have a personal tolerance of about 1-4 candles (whatever the timeframe) for price to come back to trade in direction of profit.

THANKS!

Success? I have 3-5 trades a week, and so far it resulted in ...14 euros... =] success in profitability facotr is here. success in money- still to come. it will come when I double..... then the next milestone is to build up to 5k, to 10k, etc....


Mighty, you sure gave away 'a lot of bait'. time for that 45k seminar already ! :D

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zapzinig
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Postby zapzinig » Mon Jan 25, 2010 9:47 pm

Here is a link to the Lukx thread archive,
http://s210.com/tro/archived/

Reading this thread offline is much faster.

Enjoy!

-ZZ

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Patch
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Postby Patch » Mon Jan 25, 2010 9:54 pm

zapzinig

Thank you so much for all the time and work and skill and computer tricks you put in to produce this log !!!

Patch
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ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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dojirock
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Postby dojirock » Mon Jan 25, 2010 10:22 pm

When I started a year ago, I seemed to always trade to the zline and get out at the bounce....(the zone of the momo). Since I have been trying to get the hang of this, throwing out all my squiggly lines, and trying to get in on the bounce and exit after a reasonble proft. It seemed easier the other way.......Looking at your charts, it seems you all spend hours infront of the chart waiting for an entry and dont leave until you exit? How do you do it????

Jus frustrated at the moment.

I did pick up 9 pips today, 3 at a time.

doji

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Postby Fxtraveller » Mon Jan 25, 2010 10:28 pm

doji.... you have to have a winning streak of 10+ trades to start to believe in this stuff. I do. If you cant wait for hours all day any day (like I do), just concentrate on the first 3 hours of London session (my fav, with GU) or Tokyo with JPY in the pair. OR open of NY, so long its the first (most intensive) 3 hours.

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rushN4
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Postby rushN4 » Mon Jan 25, 2010 10:34 pm

MightyOne wrote:The basics:

ImageImage


Hello MO

can you explain or give a hint how you draw this boxes(bodies)?


or someone else?

i tried to find it out but dont get it..

thx for help
jochen
Last edited by rushN4 on Mon Jan 25, 2010 10:40 pm, edited 1 time in total.
No matter where life takes you, you will always check the market and always want to continue being a part of it. It's like that first true love, it will always be there no matter what the distance, no matter whether they are alive or dead.

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dojirock
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Postby dojirock » Mon Jan 25, 2010 10:39 pm

fx,

Im not sure if I know those times, how can I find them. I am on easter time in the states. I get new daily bars at 7:00pm on my time. Is that when it is?

doji

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cfabian
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Postby cfabian » Mon Jan 25, 2010 10:51 pm

Go to forexfactory, and on the left it tells you at what time your time each market starts.

Hope this helps


dojirock wrote:fx,

Im not sure if I know those times, how can I find them. I am on easter time in the states. I get new daily bars at 7:00pm on my time. Is that when it is?

doji
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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dojirock
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Postby dojirock » Mon Jan 25, 2010 11:10 pm

Thnx Cfabian,

i will try that

doji
"A small loss is just as satisfying as a large gain" -MO
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Postby Humble » Tue Jan 26, 2010 12:52 am

doji, whilst you're there have a search for "Collection: Indicators, scripts, ... by Pips4Life (P4L ...)" and grab the clock.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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