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

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
noone22
rank: 150+ posts
rank: 150+ posts
Posts: 390
Joined: Tue Aug 05, 2008 4:50 am
Reputation: 0
Gender: None specified

Postby noone22 » Tue Mar 23, 2010 1:06 am

es/pip wrote:Image


Hi, es/pip
May I ask you a quick question
about color convention on your zerolines' charts.

Do you color all zerolines ("short" and "long" ones)
in the same color
or magenta is for "short" zeroline,
and blue is for "long"?

By "short" zeroline I mean the one, where profit holders
will be "zeroed out" by sell, i.e. - they went long on the
begining of breakout for this zeroline.

On this particular chart you do have 2 zerolines,
marked in the same magenta color.
Should you follow "different color" convention,
the first zeroline would be magenta, and next one - blue, correct?

And more general question - does it matter, which zeroline it
is - "short" or "long"?
Is it true, that for red (short) zeroline one would expect to sell,
and for blue (long) - expect to buy.

P.S. Sorry for submitting the same post twice
(I've put it in NLA thread first), but for some strange
reason I cannnot see the very last page of NLA thread -
it's always opening as a blank page.

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

User avatar
es/pip
rank: 1000+ posts
rank: 1000+ posts
Posts: 2898
Joined: Wed Jan 21, 2009 9:28 pm
Reputation: 0
Gender: None specified

Postby es/pip » Tue Mar 23, 2010 1:20 am

noone22 wrote:
es/pip wrote:Image


Hi, es/pip
May I ask you a quick question
about color convention on your zerolines' charts.

Do you color all zerolines ("short" and "long" ones)
in the same color
or magenta is for "short" zeroline,
and blue is for "long"?

By "short" zeroline I mean the one, where profit holders
will be "zeroed out" by sell, i.e. - they went long on the
begining of breakout for this zeroline.

On this particular chart you do have 2 zerolines,
marked in the same magenta color.
Should you follow "different color" convention,
the first zeroline would be magenta, and next one - blue, correct?

And more general question - does it matter, which zeroline it
is - "short" or "long"?
Is it true, that for red (short) zeroline one would expect to sell,
and for blue (long) - expect to buy.

P.S. Sorry for submitting the same post twice
(I've put it in NLA thread first), but for some strange
reason I cannnot see the very last page of NLA thread -
it's always opening as a blank page.



just random colors i used
Bend over and assume the position for another 4 years of hope and change.

User avatar
cfabian
rank: 150+ posts
rank: 150+ posts
Posts: 466
Joined: Tue Nov 04, 2008 3:37 pm
Reputation: 0
Gender: Male

Postby cfabian » Tue Mar 23, 2010 4:12 am

Very nice Braath... again kicking ass...

Can you point out where did you entry please?




Braathen wrote:Hi guys! I normally only trade the Gu but this oppertunity
was too good to pass up...
EJ formed resistance... played it short of the 15m.
Wasnt much room for adds and since im not 100% comfortabe
on this pair i ejected at 100 pips..

Image
Image
WILL GET MY MONEY BACK FROM THOSE BASTARDS, AND I MEAN IT !!!!!
"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"

User avatar
noone22
rank: 150+ posts
rank: 150+ posts
Posts: 390
Joined: Tue Aug 05, 2008 4:50 am
Reputation: 0
Gender: None specified

Postby noone22 » Tue Mar 23, 2010 4:57 am

es/pip wrote:just random colors i used


Does this means, that it doesn't matter,
which zeroline it is - "short" or "long"?

For novice like me, it seems does matter.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Tue Mar 23, 2010 6:51 am

noone22 wrote:
es/pip wrote:just random colors i used


Does this means, that it doesn't matter,
which zeroline it is - "short" or "long"?

For novice like me, it seems does matter.


The journey from novice to professional is represented in your analysis reflecting how YOU think.

It is important to write down general ideas under a specific group...:

1. Analysis

2. System

3. Hedging

4. Liquidation

5. Money Management

6. Attainable Monthly/Yearly Goals

7. etc

...and then compare ideas within each group to see how well they work together get things done.

As you have AHA moments you can alter or eliminate old ideas and add new ones. Under "etc" you might write about troubling price action, what you believe it represented, and a solution that can possibly shield you from bleeding pips.

Only by fully understanding how you think and how you are going execute your ideas in the market place can you achieve success.

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

User avatar
pablo101
rank: 500+ posts
rank: 500+ posts
Posts: 841
Joined: Tue Jun 30, 2009 3:10 pm
Reputation: 0
Real name: Pete
Gender: None specified

Postby pablo101 » Tue Mar 23, 2010 7:02 am

bratheen leading the way and showing great examples, thanks m8 ;) and thanks ultimately to MO!

Target is BO on 1hr ... I hope

Image

Image
What line? The line that tells you which way you are trading! - MO

User avatar
Braathen
rank: 500+ posts
rank: 500+ posts
Posts: 612
Joined: Mon Jul 20, 2009 6:21 pm
Reputation: 1
Location: Infront of the PC O_o
Gender: Male

Postby Braathen » Tue Mar 23, 2010 8:05 am

Nicely done pablo! i slept to late today.. missed alot of entries ...:( :(
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

User avatar
noone22
rank: 150+ posts
rank: 150+ posts
Posts: 390
Joined: Tue Aug 05, 2008 4:50 am
Reputation: 0
Gender: None specified

Postby noone22 » Tue Mar 23, 2010 9:36 am

MightyOne wrote:The journey from novice to professional is represented in your analysis reflecting how YOU think


Thank you, Master for blessing.

Surprisingly, this was your first post (from my memory)
which I've understood from the very first attempt.

May I ask you a question:
From your rich experience,
which one of the two is better to use: zeroline or Mighty Zone?
(I mean which one is more precise)

Fxtraveller
rank: 150+ posts
rank: 150+ posts
Posts: 395
Joined: Thu Nov 27, 2008 2:56 pm
Reputation: 0
Location: UK
Gender: Male

Postby Fxtraveller » Tue Mar 23, 2010 12:04 pm

noone22 wrote:
MightyOne wrote:The journey from novice to professional is represented in your analysis reflecting how YOU think


Thank you, Master for blessing.

Surprisingly, this was your first post (from my memory)
which I've understood from the very first attempt.

May I ask you a question:
From your rich experience,
which one of the two is better to use: zeroline or Mighty Zone?
(I mean which one is more precise)


ALthough question not addressed to me, I believe you misunderstood the whole thing.

The zline IS situated (somewhere) within a mighty zone. Asking which one is better/ precise to me is like asking 'is it better to breathe with air or oxygen?'.
The two come together.

Regards.
FxT.
Attachments
gu ex.gif
gu ex.gif (11.92 KiB) Viewed 1132 times
Last edited by Fxtraveller on Tue Mar 23, 2010 12:22 pm, edited 1 time in total.

User avatar
es/pip
rank: 1000+ posts
rank: 1000+ posts
Posts: 2898
Joined: Wed Jan 21, 2009 9:28 pm
Reputation: 0
Gender: None specified

Postby es/pip » Tue Mar 23, 2010 12:13 pm

Fxtraveller wrote:
noone22 wrote:
MightyOne wrote:The journey from novice to professional is represented in your analysis reflecting how YOU think


Thank you, Master for blessing.

Surprisingly, this was your first post (from my memory)
which I've understood from the very first attempt.

May I ask you a question:
From your rich experience,
which one of the two is better to use: zeroline or Mighty Zone?
(I mean which one is more precise)


ALthough question not addressed to me, I believe you misunderstood the whole thing.

The zline IS situated (somewhere) within a mighty zone. Asking which one is better/ precise to me is like asking 'is it better to breath with air or oxygen?'.
The two come together.

Regards.
FxT.



what he said
Bend over and assume the position for another 4 years of hope and change.

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


Return to “TheRumpledOne”