Just one trade today, but +100 pips! Opened it before I went to work, set a real small SL and came back to check it a few hours later to find it +80 pips, so I waited for it to hit the 1H zline and closed it.
Price tags:
Red = SL
White = Entry & Exit
lukx zline trading log + cfabian p.35 + adaseb p.48
Moderator: moderators
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- bredin
- rank: 1000+ posts
- Posts: 1033
- Joined: Mon Feb 16, 2009 10:41 pm
- Reputation: 7
- Gender:
- Contact:
Nice Trade IN-XS!
G.
G.
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!
IN-XS wrote:Just one trade today, but +100 pips! Opened it before I went to work, set a real small SL and came back to check it a few hours later to find it +80 pips, so I waited for it to hit the 1H zline and closed it.
Price tags:
Red = SL
White = Entry & Exit
I like your green up red down ma. + pips a day keeps the margin clerk away.
"The simplicity of the markets is it's greatest disguise"
T
T
es/pip wrote:in "theory" the ZL would be more accurate i guess
Exactly!
Thanx for answers.
But MZone will give you more room "to breathe".
And here is my requested example,
when MZone is wicked, but zeroline is not.
(in assumption, that red line is zeroline and blue rectangle
around it is MZone and "get wicked" means - touch
by any part of a candle's wick)
And yes, I know - this is not a valid zeroline,
and not valid MZone - I've simply quickly drawn
line and rectanglue as an example.
This whole conception - MZone vs zeroline reminds me pivot line.
Everyone knows, that pivot line is major resistance.
But "retrace" from pivot may happen, even if price won't
reach pivot line by N pips, or wicked it by wick by N pips
(where N <= 5-7 pips). So, it is a whole "pivot zone" in play
around pivot line and one need to "be careful" within whole zone
while pivot trading, not just blindly waiting for line to be wicked
(as this event may never happen).
Fxtraveller wrote:price can wick the zline without reaching the Mzone
And now may I request Fxtraveller' image of quoted event above -
don't quite follow, how this is possible.
some gu scalp
[img][img]http://i43.tinypic.com/8wljq1.jpg[/img][/img]
Some of the trades i didn't take it because it was
continuation's of previous trades.
Some of the trades i didn't take it because it was
continuation's of previous trades.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
-
- rank: 150+ posts
- Posts: 395
- Joined: Thu Nov 27, 2008 2:56 pm
- Reputation: 6
- Location: UK
- Gender:
noone22 wrote:es/pip wrote:in "theory" the ZL would be more accurate i guess
Exactly!
Thanx for answers.
But MZone will give you more room "to breathe".
And here is my requested example,
when MZone is wicked, but zeroline is not.
(in assumption, that red line is zeroline and blue rectangle
around it is MZone and "get wicked" means - touch
by any part of a candle's wick)
And yes, I know - this is not a valid zeroline,
and not valid MZone - I've simply quickly drawn
line and rectanglue as an example.
This whole conception - MZone vs zeroline reminds me pivot line.
Everyone knows, that pivot line is major resistance.
But "retrace" from pivot may happen, even if price won't
reach pivot line by N pips, or wicked it by wick by N pips
(where N <= 5-7 pips). So, it is a whole "pivot zone" in play
around pivot line and one need to "be careful" within whole zone
while pivot trading, not just blindly waiting for line to be wicked
(as this event may never happen).Fxtraveller wrote:price can wick the zline without reaching the Mzone
And now may I request Fxtraveller' image of quoted event above -
don't quite follow, how this is possible.
Mo responded earlier and said neither-- so i would go with that
it really depends in the context that you are asking the Q when you say "accurate"
just remember that like MO stated---- the line is just a line in the sand
and to the other q above
you can have a zl that is above a MZ--- so if the market comes back and wicks the ZL and never reaches the MZ then it would happen--- i will look and see if i can find an example
Bend over and assume the position for another 4 years of hope and change.
-
- rank: 150+ posts
- Posts: 395
- Joined: Thu Nov 27, 2008 2:56 pm
- Reputation: 6
- Location: UK
- Gender:
Just to make myself clear, I am not trying to compete in 'who knows more about zlines'.
Explanations from Dragon, MO, es and others helped me a lot. trying to do the same.
You probably dont see my argumentation/examples/ support as valid as Dragon's, MO's and es/pip's (for obvious reasons that im a newbie in trading myself).
The explanations in the pics below are as exhaustive as I can make them. Please ask es/pip, Dragon or MO how true or wrong is what you see below.
(I might discover an inconvenient truth myself ).
Regards.
FxT
Explanations from Dragon, MO, es and others helped me a lot. trying to do the same.
You probably dont see my argumentation/examples/ support as valid as Dragon's, MO's and es/pip's (for obvious reasons that im a newbie in trading myself).
The explanations in the pics below are as exhaustive as I can make them. Please ask es/pip, Dragon or MO how true or wrong is what you see below.
(I might discover an inconvenient truth myself ).
Regards.
FxT
- Attachments
-
- gu for noone.gif (15.43 KiB) Viewed 3477 times
-
- noone 2.gif (21.67 KiB) Viewed 3477 times
-
- chart by noone.gif (22.83 KiB) Viewed 3477 times
-
- rank: 150+ posts
- Posts: 395
- Joined: Thu Nov 27, 2008 2:56 pm
- Reputation: 6
- Location: UK
- Gender:
Fxtraveller wrote:Es/pip,
unwillingly I took an example of where zline is not in a Mzone on consecutive candles, the ones that you love
Cheers.
p.s. im still waiting for EJ to go up, waiting for that closed bull candle on a bigger TF
i couldnt take it anymore and bailed on the last h1's move back into that momo
made ok on it i guess---- but was really wanting the upper lines i showed earlier---
i will buy it back if it sets up with something i like
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.
Thank you for your support.