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

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adaseb
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Postby adaseb » Tue Feb 02, 2010 3:14 pm

Hey guys.

I too am having trouble finding any trades.

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adaseb
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Postby adaseb » Tue Feb 02, 2010 3:19 pm

lukx wrote:Now I'm doing everything I can too zero my account and it's even harder than to win :) This is how pathetic trader I am :)


You must of taken close to 50 trades today when most of us didn't take a single trade.

These Zerolines and Mightyzone are really tough to trade in trending markets.

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IN-XS
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Postby IN-XS » Tue Feb 02, 2010 3:32 pm

How do you guys trade when price hits the mightzone and what do you find gives you better results 1H or 4H mightyzone?

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IN-XS
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Postby IN-XS » Tue Feb 02, 2010 3:40 pm

Dragon if you have time could you post some charts of your 1H and 4H with mightyzone and point out area's where you would consider exiting. You have already clearly explained your entries, it is your exit point that I get confused on. I hope this is not too much trouble?! Thank you in advance either way.

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Braathen
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Postby Braathen » Tue Feb 02, 2010 3:50 pm

"whats wrong with this picture" from my point of view.
Only 2 TF's all the way. No momo comparing.. etcetc
"The market can fool anyone on 1 TF, but not on all TF's"

This how i see the latests movments on GU.
Image
Long since 1.5931

PS. Yes i did want to short the GU on the momo it made yesterday but.. i didnt...
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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lukx
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Postby lukx » Tue Feb 02, 2010 3:58 pm

Dragon, are you checking also daily , weekly and monthly tfs or 4h is the highest one?

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pablo101
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Postby pablo101 » Tue Feb 02, 2010 4:41 pm

:oops:
Last edited by pablo101 on Sat Aug 07, 2010 2:50 am, edited 1 time in total.

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adaseb
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Postby adaseb » Tue Feb 02, 2010 6:24 pm

Image
Image

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gootson
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Postby gootson » Tue Feb 02, 2010 6:26 pm

As one good trader said to me: Have 2 strategies one for trending market and one for ranging market. The best for ranging market is tradeing it's patterns like flags, triangles, channels etc. This is how we all should have traded today:
Image
Image
Experience is one thing you can't get for nothing.

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Postby gootson » Tue Feb 02, 2010 6:41 pm

adaseb, well it looks like correct but what about the rule that the retracement candles shold be 2x trending candles?
Experience is one thing you can't get for nothing.

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