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

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

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 » Fri Nov 13, 2009 11:00 am

eddited... none of my buisness
Last edited by Braathen on Fri Nov 13, 2009 11:40 am, edited 1 time in total.
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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

User avatar
scratty
rank: 150+ posts
rank: 150+ posts
Posts: 359
Joined: Wed Nov 11, 2009 9:42 am
Reputation: 0
Gender: Male

Postby scratty » Fri Nov 13, 2009 11:37 am

try to wait for the candle to close (truth)...
Lose professionally!

User avatar
lukx
rank: 500+ posts
rank: 500+ posts
Posts: 789
Joined: Wed Feb 04, 2009 5:10 pm
Reputation: 0
Gender: Male
Contact:

Postby lukx » Fri Nov 13, 2009 11:52 am

Braathen wrote:eddited... none of my buisness


good that I managed to read it before you deleted it. you shouldn't do it. any comment I appreciate. you were right I should mark the zones I entered and why.

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 » Fri Nov 13, 2009 12:24 pm

Ok lukx.. im glad you read it then.. i just felt maybe i was putting you down.. i know how hard this can be to grasp.. but more details and more planned trades.. like this for eksample:

Thursday 12.Nov.. (this is my trade from yesterday)

I have been waiting for price to hit this zone for a while and finnaly we got here. 4H showing zone (largest correction in most recent shot up..i found this to be a good zone genrally but has to be on large TF's.. 1H minimum)
Image

When price gets close to my zone i go down to the 5m to catch my entry as shown in the 5m pic

Image
(this is not ment to sound like trade like this but more like post detail something like this.. larger pics ie. zoomed out more and ofc ever important reason of the trade) Gl today lukx
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

User avatar
lukx
rank: 500+ posts
rank: 500+ posts
Posts: 789
Joined: Wed Feb 04, 2009 5:10 pm
Reputation: 0
Gender: Male
Contact:

Postby lukx » Fri Nov 13, 2009 12:39 pm

Thanks Braathen, I will try to wait more before taking trade.

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

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 » Fri Nov 13, 2009 1:39 pm

so what are you looking at lukz?
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

User avatar
lukx
rank: 500+ posts
rank: 500+ posts
Posts: 789
Joined: Wed Feb 04, 2009 5:10 pm
Reputation: 0
Gender: Male
Contact:

Postby lukx » Fri Nov 13, 2009 3:25 pm

getting ready for long ?
But on the other hand I got fresh momo short on 1h, but there is momo long on 4h, and I'm close to momo short on daily.... this is why I'm usually taking wrong side I have no idea which one is the right direction.


Image

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 645
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 2
Gender: Male
Contact:

Postby PTG » Fri Nov 13, 2009 4:57 pm

Thanks for giving me a reason to think about this.

Perhaps you don't quite know what you are looking for, which is why you can't find it.

I was writing a long post but I think it comes down to evaluating where price currently is in the bigger picture in order to be able to spot value opportunities.

Switching timeframes doesn't change that picture; it is merely compressed/decompressed so that you can go back and forth between more of an overview vs. greater detail.

In case you are looking for value opportunities (as you would do when you go to a shop to buy as cheap as possible or sell your labor as expensive as possible) you can find them at supply/demand areas. Once these areas are approached, you have to be careful not to buy into supply- and sell into demand areas because you'll be screwed pricewise.

We have had a daily high. That simply means that there is a supply zone at that place. A decision to go long would require enough headroom with that in mind to fulfill your R/R requirements.

Don't know what else to say, maybe somebody else can add to this or correct it.
This is my new signature: "new signature".

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 » Fri Nov 13, 2009 6:55 pm

lukx wrote:getting ready for long ?
But on the other hand I got fresh momo short on 1h, but there is momo long on 4h, and I'm close to momo short on daily.... this is why I'm usually taking wrong side I have no idea which one is the right direction.


Image



not sure if any of this will make sense to anyone but me

this is just how i see this stuff

it makes clear sense to me, not sure how else to explain how i look at it


should be thinking long not short--- if we were higher on the daily i would have disregarded the h4 momo and would have been looking short bec we were zl'ing the daily guys---- but we were not up in that area yet so i am thinking take the shorts held profit


daily--- momo down but held profit is into that momo so you want to trade into it and take the held profit

h4 is showing they are wanting to shoot for that on the daily, and especially after the failed new low

h1- is short right back into the h4 long momo

Image

Image

Image
Bend over and assume the position for another 4 years of hope and change.

User avatar
lukx
rank: 500+ posts
rank: 500+ posts
Posts: 789
Joined: Wed Feb 04, 2009 5:10 pm
Reputation: 0
Gender: Male
Contact:

Postby lukx » Fri Nov 13, 2009 8:07 pm

thank you es/pip, I will study those charts for a whole weekend

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


Return to “TheRumpledOne”