I'm out with +12 pips:
lukx zline trading log + cfabian p.35 + adaseb p.48
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lukx wrote:LOSS:
we are coming into the daily zl so i am kind of short biased, as we come into it but as the PA unfolds that switches to being long
h1 chart
A--- we have momo down
B--- i am good with being short off this bar
C--- not thrilled with being short anymore-- decrease in momo
D-- doesnt really mean a lot to me
E--- New MOMO, and coming back into the prev Zl-- im ok on trying to short off that, but once F forms i am no longer thinking short and now am long
F--- cant go down back into new up MOMO= long-----
our data is a little bit dif. on the m15 chart and actually supports my point bettor on your chart
m15--- just looking at m15 not considering anything else
if you look at how the m15 bars formed relative to how the h1 bars formed you can see why you should have been long and not short
A--- ZL'ing traders at purple line-- ok to try a poss short in that area
B--- increase in momo down but not really momo relative to bars 1 and 2, , trying a short of bar C is risky but ok
C-- ok to try a short
D-- comes back into the break out area and closes as a rev. bar--- i am no longer short
Bend over and assume the position for another 4 years of hope and change.
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