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

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
saku82pl
rank: <50 posts
rank: <50 posts
Posts: 28
Joined: Sun Mar 21, 2010 7:40 pm
Reputation: 0
Gender: Male

Postby saku82pl » Sun May 23, 2010 6:45 pm

jarnapal wrote:
Manta wrote:
jarnapal wrote:Is the mistake at the second pic as the 0 and 50 "zone" are marked wrong ?


No, zones are OK. Mistake is at the third picture (H4 chart)


Hmm still don't getting it. MOMO is a candle with 2x bigger body than previous candle. In your example I can see that it has 2x bigger body than previous candle but with wicks included it isn't 2x bigger..


focus on BODY

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

User avatar
TygerKrane
rank: 1000+ posts
rank: 1000+ posts
Posts: 1404
Joined: Mon Jan 25, 2010 3:36 pm
Reputation: 2
Location: Long Island, NY
Gender: Male

Postby TygerKrane » Sun May 23, 2010 6:46 pm

Manta,
I think of this quote from bacoazul:
I saw a support being broke by a MOMO, so it becomes a point of interest for me, thats how I see it.

I don't agree with the candle you chose. I would choose the one 5-candles to the right.(the May 13 7:00 candle). It is more than 2x size AND it breaks through support.

Otherwise, the only other issue I have is that, in picture #2 (May 13), price goes MORE THAN HALFWAY through your MZ lines in that picture (it is in that zone for about 3hours.)
But in picture #3, NONE OF THE CANDLES for May 13 even TOUCH that zone!

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

User avatar
TygerKrane
rank: 1000+ posts
rank: 1000+ posts
Posts: 1404
Joined: Mon Jan 25, 2010 3:36 pm
Reputation: 2
Location: Long Island, NY
Gender: Male

Postby TygerKrane » Sun May 23, 2010 6:51 pm

hmmm, so it looks like I chose the correct candle, but for a different reason than you wrote down...

But still, I think bacoazul's definition is very good too, are there any REAL objections to it? (maybe someone might have minor complaint about it, but I don't think there would be a real big objection to what he states...)

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

jarnapal
rank: 150+ posts
rank: 150+ posts
Posts: 236
Joined: Thu Mar 04, 2010 6:16 am
Reputation: 0
Gender: Male

Postby jarnapal » Sun May 23, 2010 6:58 pm

Thank You I am understanding it now. And TK thanks for pointing out the break out.

Can I enter earlier as the momentum was picking up and if yes then is that good place for entry ?


edit* this wick that wicked the first momentum wasn't noticeable on your first pic!

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 » Sun May 23, 2010 10:19 pm

Manta wrote:Off topic (Example of different point of view at trading): Try to think about this...when you most likely win a jackpot? If you bet on winner or loser?

Do you like Ice hockey? I do. I was born in Czech republic, although I have Hungarian flag at my profile. Do you think, that someone predicted to czech team (full of losers, most of the stars from NHL did not come to this championship) to become world champions this year? Na, check the news what happened!


LMAO !! =] just finished watching the match, came back and thought

'right, time to take a break from all that and see how my fellow traders are doing'.

and the first thing I see on the currency trader's forum is the post about the match. ;)

that was a great match.

Goodluck everyone.

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

User avatar
forexjake80
rank: 50+ posts
rank: 50+ posts
Posts: 137
Joined: Sun Nov 15, 2009 12:20 pm
Reputation: 0
Gender: Male

Postby forexjake80 » Mon May 24, 2010 9:52 pm

WARNING:
You may only watch this Video, if you got robbed by the banks, decided it was your own stupidity, and kept going.

http://www.youtube.com/watch?v=ABN765GFePo
It's time to kick ass and chew bubble gum. And I'm all out of gum.

User avatar
poipen
rank: 50+ posts
rank: 50+ posts
Posts: 116
Joined: Wed Mar 10, 2010 4:29 am
Reputation: 0
Location: WA
Gender: Male
Contact:

Postby poipen » Mon May 24, 2010 10:35 pm

forexjake80 wrote:WARNING:
You may only watch this Video, if you got robbed by the banks, decided it was your own stupidity, and kept going.

http://www.youtube.com/watch?v=ABN765GFePo


ummm.... what?
Wise Men Know Their Limits, Great Men Have No Limits.

User avatar
TygerKrane
rank: 1000+ posts
rank: 1000+ posts
Posts: 1404
Joined: Mon Jan 25, 2010 3:36 pm
Reputation: 2
Location: Long Island, NY
Gender: Male

Postby TygerKrane » Tue May 25, 2010 4:08 am

Lijing wrote:Image

:smt039:


Lijing,
Was your stop loss on this trade 100 PIPS!?! [-X

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

User avatar
fx_disciple
rank: <50 posts
rank: <50 posts
Posts: 27
Joined: Thu Jul 23, 2009 9:23 am
Reputation: 0
Gender: Male

Postby fx_disciple » Tue May 25, 2010 10:45 am

@Lijing
...lesson learned the hard way.
I had a huge drawdown early december last year because I didn't place SL and the aftermath was a freakin' 141 pips on the wrong side. I started following Dragon's 20 pips HS (hard stop). Well, I'm much wiser now thanks to that loss and Dragon's advise.

User avatar
bacoazul
rank: 150+ posts
rank: 150+ posts
Posts: 259
Joined: Wed Sep 30, 2009 12:31 pm
Reputation: 0
Gender: Male

Postby bacoazul » Tue May 25, 2010 3:51 pm

GU scalp

H4 Support

Image

H1 don't look good for an entrie

Image

M30 give me my entrie

Image

M15 confirm my entrie

Image

M5 give a better entrie, but i miss that

Image
These are my principles. If you don't like them, I have others.

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


Return to “TheRumpledOne”