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

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dragon33
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Postby dragon33 » Fri Jan 29, 2010 8:03 am

MDSEA wrote:Dragon33,

How did you determine the second entry exit? I can see the entrance
but dont get exactly how you got out of the trade right at the bottom
of the bar. I circled it in red.

Is it threw 5min zline bar cause I see it didn't pass it.

Thanks. Also if anybody would like to chime in go ahead.

Also is it suicide to trade this way during off hours?
Bratthen brought up that during the london session is the time he trades. Just wondering so I can schedule myself.

Im thinking 11pm til 6-8am pacific time.


Image


The exit was the 50% area of the H1 candle on your left (see the overlay).

I can not tell if it is suicide because i do not trade that market. That's our sleeping time!
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

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dragon33
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Postby dragon33 » Fri Jan 29, 2010 8:26 am

Remember the chart of yesterday?

It was a sniper shot to my target

Image
Trading is like cycling, first you need to learn how.

Two options: you either lose or win!

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Braathen
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Postby Braathen » Fri Jan 29, 2010 8:29 am

**edit** read before posting answer :P
Image
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

MDSEA
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Postby MDSEA » Fri Jan 29, 2010 9:13 am

dragon33 wrote:
MDSEA wrote:Dragon33,

How did you determine the second entry exit? I can see the entrance
but dont get exactly how you got out of the trade right at the bottom
of the bar. I circled it in red.

Is it threw 5min zline bar cause I see it didn't pass it.

Thanks. Also if anybody would like to chime in go ahead.

Also is it suicide to trade this way during off hours?
Bratthen brought up that during the london session is the time he trades. Just wondering so I can schedule myself.

Im thinking 11pm til 6-8am pacific time.


Image


The exit was the 50% area of the H1 candle on your left (see the overlay).

I can not tell if it is suicide because i do not trade that market. That's our sleeping time!


Alrite sweet, thanks for the quick response!

MDSEA
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Postby MDSEA » Fri Jan 29, 2010 11:16 am

This week has been the worst week ive had....

Any input on this trade would be great from anyone and of course
from dragon33.
Felt like I was gonna catch the next move down
with the momentum backing me up on the 15min...
Now that I look at it Im thinking the move was already done...

Image

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JESGPY
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Postby JESGPY » Fri Jan 29, 2010 12:14 pm

JESGPY wrote:
adaseb wrote:
JESGPY wrote:My trade from today.
Only took 30 but price went another 80 or so pips further down.

Saw this MZ in 1h on GJ
Image

then took it at 5m

Image

coments?

JUAN


No you did good. If you look on the H4 it entered a supply zone and was going down. You perfectly shorted the bounce.



Thanks for the reply.

Good to know i am doing well.
Dragon33 and your posts helped.

i am looking from price to go back to MZ on this 4h chart

Image

JUAN




Finally the 4h MZ on GJ got wicked and I got my short on GJ.

Image


JUAN

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IN-XS
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Postby IN-XS » Fri Jan 29, 2010 1:36 pm

Back on track, here is a trade I setup last night. I entered my stoploss and left it came back today and look at the result. This trade has now been closed I just closed it after I took this pic. The entry candle is shown by the red arrow at the bottom of the chart.

Image

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IN-XS
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Postby IN-XS » Fri Jan 29, 2010 1:39 pm

I also had a similar trade on the GBP/JPY, got some nice pips today, after a couple of losing days, which is nice. Thanks for all your answers to my questions people I appreciate it!

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lukx
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Postby lukx » Fri Jan 29, 2010 4:39 pm

will my account survive this ? :) Lesson for people who doesn't use sl :) learn on my stupidity :)

ps. do not ask why I didn't use it.

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cfabian
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Postby cfabian » Fri Jan 29, 2010 4:53 pm

WWWWWWWWOOOOOOOOOOOOOOOOOHHHHHHHHHHHHHOOOOOOOOOOOOO!!!!!!!!!!!!!

Guys, I'm so excited... I've made my first longest trade LIVE ever (well, consciously of what was I doing). This is my short trade from today, a total of 127 pips, what meant +34% on my live account. This recovers my stupidities from last week + 10% profit for this year. Still long way to go to breakeven on my overall investment on forex.

Was about to bail at the beginning as I was +20 pips, news came in and put me at -23 or so. My SL was 1 pip on top of the daily, which was 8 more pips from my max DD.

Salute

:smt098 :smt098 :smt098 :smt041 :smt041 :smt041 \:D/ \:D/ \:D/ :lol: :lol: :lol: :P :P :P :smt035 :smt035 :smt035 :smt026 :smt026 :smt026

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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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