IN ONE !
Perfect trade where MO zone 50% coincides with MOMO Break Out point.
+ it took only 2 periods (two H1 candles) to retrace, because I dont like it when it takes too long. MO recently said that
'The further you get away from momo the less useful it becomes'
and I agree.
+16.
Total for today +31. Im done.
lukx zline trading log + cfabian p.35 + adaseb p.48
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MightyOne, I realise that you get "tell me this tell me that all the time'', but i need to understand this, please...
nethirds (1/3rds) of candles, the thing you mentioned a looong time ago in NLA thread.
As I understood, above upper 1/3rd - bullish
below lower 1/3rd - bearish
inbetween- 'neutral'
Do we consider the current candle 1/3rds, or the previous closed one?
nethirds (1/3rds) of candles, the thing you mentioned a looong time ago in NLA thread.
As I understood, above upper 1/3rd - bullish
below lower 1/3rd - bearish
inbetween- 'neutral'
Do we consider the current candle 1/3rds, or the previous closed one?
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- Braathen
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I might ask alot of "tell me this and that" (personally i dont think im that bad rly) but alot of my life one thing that has worked for me is "If i dont have the knoewledge i need, then i will surround myself with people i believe have it and then ask questions. I dont think mightyone minds all the questions from people.. after all he himself started this and wanted to help others. And it aint such a bad deal for him tbh.. some day the student might become the teacher and if u put out a smile you will get one back and someone correct me if im wrong but it was something like when its below the bottom 1/3rd u look short.. between is whatever country and above is look long.
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-
MO-
Braathen wrote:I might ask alot of "tell me this and that" (personally i dont think im that bad rly) but alot of my life one thing that has worked for me is "If i dont have the knoewledge i need, then i will surround myself with people i believe have it and then ask questions. I dont think mightyone minds all the questions from people.. after all he himself started this and wanted to help others. And it aint such a bad deal for him tbh.. some day the student might become the teacher and if u put out a smile you will get one back and someone correct me if im wrong but it was something like when its below the bottom 1/3rd u look short.. between is whatever country and above is look long.
+1
PS. my last red rat go to the TP
but my others red rat go to the Trap
Last edited by vane on Thu Jan 28, 2010 12:37 pm, edited 4 times in total.
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Braathen, I was not talking about anybody in particular
As soon as Mighty posted his first explanation about zerolines he got swamped with questions by everybody, and its been so for..more than a year at least?
I agree with you that 'if you dont have the knowledge, find people who have it'
but I feel a bit.... guilty for non-stop questioning.... however, I hope that you are right and MO doesnt mind, so long he sees people are willing to learn and not be spoon- fed =]
As soon as Mighty posted his first explanation about zerolines he got swamped with questions by everybody, and its been so for..more than a year at least?
I agree with you that 'if you dont have the knowledge, find people who have it'
but I feel a bit.... guilty for non-stop questioning.... however, I hope that you are right and MO doesnt mind, so long he sees people are willing to learn and not be spoon- fed =]
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