Thanks Dragon - so maybe I am not going insane.Sometimes I just feel as if everything is conspiring against every trade I make but then I realise it is only me making the silly decisions.
At some point I will see this clearly and maybe even trade half as good as you do but, for now, if I make 2 pips per trade, I am happy, provided my logic for entering was correct - in other my trading plan or method. Reading the charts is more important now then making money - I have already learned how to lose it ( 2000 in two weeks on ly live account). Now i want to see it and then trade for profit.
vielen dank mein freund.
lukx zline trading log + cfabian p.35 + adaseb p.48
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scheeco wrote:Thanks Dragon - so maybe I am not going insane.Sometimes I just feel as if everything is conspiring against every trade I make but then I realise it is only me making the silly decisions.
At some point I will see this clearly and maybe even trade half as good as you do but, for now, if I make 2 pips per trade, I am happy, provided my logic for entering was correct - in other my trading plan or method. Reading the charts is more important now then making money - I have already learned how to lose it ( 2000 in two weeks on ly live account). Now i want to see it and then trade for profit.
vielen dank mein freund.
I don't speak german, you should say "dank u wel mijn vriend" (dutch)
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!
Two options: you either lose or win!
- TygerKrane
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scheeco wrote:Thanks Dragon - so maybe I am not going insane.Sometimes I just feel as if everything is conspiring against every trade I make but then I realise it is only me making the silly decisions.
At some point I will see this clearly and maybe even trade half as good as you do but, for now, if I make 2 pips per trade, I am happy, provided my logic for entering was correct - in other my trading plan or method. Reading the charts is more important now then making money - I have already learned how to lose it ( 2000 in two weeks on ly live account). Now i want to see it and then trade for profit.
vielen dank mein freund.
scheeco,
You definitely have the right mentality for approaching your forex learning. With this attitude and enough screen time, it will 'click together' for you and it will be amazing.
I think pretty much everyone loses big...and if we are lucky, then the search for clarity leads us to discover kreslik.com.
Keep fighting the good fight,
Krane
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
Hi everyone.
First, I say what I've learned,
MO said that ZL is simply breakout.
Momo is called a candle when it made a breakout of the previous candle
and its size is at least the same as the previous one.
Using this information, I noticed that the price moves from line ZLH4 to ZLH4
When the price touches ZLH4, I watching and waiting for momo H1.
And my goal is the next ZLH4.
In the picture we see similar situations, but we have a signal
but price hit my SL
and my question is:
can somebody show me where I should enter correctly
First, I say what I've learned,
MO said that ZL is simply breakout.
Momo is called a candle when it made a breakout of the previous candle
and its size is at least the same as the previous one.
Using this information, I noticed that the price moves from line ZLH4 to ZLH4
When the price touches ZLH4, I watching and waiting for momo H1.
And my goal is the next ZLH4.
In the picture we see similar situations, but we have a signal
but price hit my SL
and my question is:
can somebody show me where I should enter correctly
Last edited by Maciek999 on Thu May 27, 2010 4:35 pm, edited 1 time in total.
Loser trade
Daily res
Entrie on M30
That was -9 pips plus spread. so like -12
On gu theres two trades i don't take, but if i was
awake i would take those, 1 for -20 and the other
for -8 +spread so like -34.
thats -46 on 3 trades, but if you look at the eu
it pays already for those 3 loser trades and more,
so yes, losing small gives you confidence, ty MO.
Daily res
Entrie on M30
That was -9 pips plus spread. so like -12
On gu theres two trades i don't take, but if i was
awake i would take those, 1 for -20 and the other
for -8 +spread so like -34.
thats -46 on 3 trades, but if you look at the eu
it pays already for those 3 loser trades and more,
so yes, losing small gives you confidence, ty MO.
These are my principles. If you don't like them, I have others.
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Maciek999 wrote:Hi everyone.
First, I say what I've learned,
MO said that ZL is simply breakout.
Momo is called a candle when it made a breakout of the previous candle
and its size is at least the same as the previous one.
Using this information, I noticed that the price moves from line ZLH4 to ZLH4
When the price touches ZLH4, I watching and waiting for momo H1.
And my goal is the next ZLH4.
In the picture we see similar situations, but we have a signal
but price hit my SL
and my question is:
can somebody show me where I should enter correctly
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I'm new and slowly catching up with this and NLA threads but just want to check I'm on the right tracks.
I made this demo trade today but not sure if I had my Z-line marked correct or my logic for entry was good or just lucky.
If you see the M15 chart for my entry the wicks didn't quite hit the 50% mark or Zline but I made the trade because of two strong wicks away from the 50% & Zline area.
H4
M15
I made this demo trade today but not sure if I had my Z-line marked correct or my logic for entry was good or just lucky.
If you see the M15 chart for my entry the wicks didn't quite hit the 50% mark or Zline but I made the trade because of two strong wicks away from the 50% & Zline area.
H4
M15
I have a question some may consider stupid. Maybe it was already asked i searched around and did find the answere so i'll ask again.
I have 2 brokers and their 4h candles open with one hour delay one from the other. Should just focus on one broker's chart, or can I trade from one brokers chart when i have a trade in his 4h chart, and sometimes on the other when I find in his charts a trade and not on the other one.
I know price charts and time frames are a concept and a way of dividing a continuous move in price, but I just feel curios about this.
One of the brokers 4h charts open and close as alpari and the other one 1 hour later.
I would like to hear thoughs and opinions about this.
I know its not crucial for trading but I would like to hear opinions.
Thanks
JUAN
I have 2 brokers and their 4h candles open with one hour delay one from the other. Should just focus on one broker's chart, or can I trade from one brokers chart when i have a trade in his 4h chart, and sometimes on the other when I find in his charts a trade and not on the other one.
I know price charts and time frames are a concept and a way of dividing a continuous move in price, but I just feel curios about this.
One of the brokers 4h charts open and close as alpari and the other one 1 hour later.
I would like to hear thoughs and opinions about this.
I know its not crucial for trading but I would like to hear opinions.
Thanks
JUAN
JESGPY wrote:I have a question some may consider stupid. Maybe it was already asked i searched around and did find the answere so i'll ask again.
I have 2 brokers and their 4h candles open with one hour delay one from the other. Should just focus on one broker's chart, or can I trade from one brokers chart when i have a trade in his 4h chart, and sometimes on the other when I find in his charts a trade and not on the other one.
I know price charts and time frames are a concept and a way of dividing a continuous move in price, but I just feel curios about this.
One of the brokers 4h charts open and close as alpari and the other one 1 hour later.
I would like to hear thoughs and opinions about this.
I know its not crucial for trading but I would like to hear opinions.
Thanks
JUAN
I never use standard open times or pay attn to sessions.
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