bacoazul wrote:es/pip wrote:numbk2k wrote:went ballistic true my tp .... lol i should have targeted the 0% level of H4 momo candle
i ddint trade the last one bec it was right in front of the news
unfortunately
Es/pip can you please explain me that bottom H4 line
please, ty
lukx zline trading log + cfabian p.35 + adaseb p.48
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Bend over and assume the position for another 4 years of hope and change.
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dragon33 wrote:numbk2k wrote:dragon33 wrote:numbk2k wrote:went ballistic true my tp .... lol i should have targeted the 0% level of H4 momo candle
You could have shoot lower because of the weekly extreme.
Daily+ extreme like mo says
yeah i've took a look at weekly and daily charts but couldn't find something useful there only this bullish momo which is not quite strong
by looking to H4 chart it seems more clearer where it was heading could have made 250pips at tp2
I just meant that you were trading away from a weekly high. Most of the times there is a strong move. You had momentum with you so go for it. Only liquidate at the end of a big bar
Thanks Dragon that will help me to improve my exits .... btw thats what i need to work on atm
es/pip wrote:bacoazul wrote:es/pip wrote:numbk2k wrote:went ballistic true my tp .... lol i should have targeted the 0% level of H4 momo candle
i ddint trade the last one bec it was right in front of the news
unfortunately
Es/pip can you please explain me that bottom H4 line
please, ty
Ty
These are my principles. If you don't like them, I have others.
If the SL would be too large, then reduce your lot num to keep risking your same allowed %. When going in your favor then you can start considering adding more pieces.
Pro Trader wrote:es/pip wrote:Pro Trader wrote:es/pip wrote:numbk2k wrote:went ballistic true my tp .... lol i should have targeted the 0% level of H4 momo candle
i ddint trade the last one bec it was right in front of the news
unfortunately
es/pip do you enter at the zline itself shown by each of your arrows?
the line is just a line its not a signal
like MO has said its just a line in the sand, and it comes down to price closing above or below your line in the sand
Yes I understand that, it's just I've been watchin PA around these zlines after a momo and often price reverses of the line itself like clockwork. With charts posted with arrows at the line I wasn't sure what all you guys were doing.
Thanks for clearing that up, again.
I've been entering at the low of a momo (for a short) with a SL at the top, Dragons entry basically and thats been going ok but also the size of a momo is a factor to consider else the SL would be too large. Do you have a maximum SL beyond which you won't take a trade?
When you drop to a 1m or just get in, don't you have to be mega fast to do so at your desired price what with calculating SL distance from entry then position sizing etc? I notice that price can move quite quickly from these areas
Thanks for your help
WILL GET MY MONEY BACK FROM THOSE BASTARDS, AND I MEAN IT !!!!!
"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"
"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"
es/pip how do you decide when to draw a zl from the body of a hugging candle and when to draw it from the extreme?
In your chart on page 422 the lower zl was drawn from the body and this became a S&R line, whilst the higher zl was drawn from the extreme and stayed a zl.
In this case every which way would have worked but that's not usually the case. Do you adjust the zl line if it becomes S&R?
In your chart on page 422 the lower zl was drawn from the body and this became a S&R line, whilst the higher zl was drawn from the extreme and stayed a zl.
In this case every which way would have worked but that's not usually the case. Do you adjust the zl line if it becomes S&R?
Is price closing higher or lower than something? Simple yet powerful question. ..MO
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Humble wrote:es/pip how do you decide when to draw a zl from the body of a hugging candle and when to draw it from the extreme?
In your chart on page 422 the lower zl was drawn from the body and this became a S&R line, whilst the higher zl was drawn from the extreme and stayed a zl.
In this case every which way would have worked but that's not usually the case. Do you adjust the zl line if it becomes S&R?
Sometimes when you draw zl on higher timeframe, it can appear at high/low of lower timeframe.
But es/pip might have better answer.
- Shinobi-X
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a year ago I found out about TRO 3lzz. I'm still using them now on the same pair (can't thank TRO enough for this indi). I later realize that this is somewhat discreet (to some extent) in entry point. however, my point is keeping things as simple as following 3rd lzz can reward you hugely.
all you need is one trade like this per week (a 48.25% on the green)... well of course if you saw the prev low 3rd lzz run up you'll understand that 3rd lzz can happen twice in a week too
that being said, it's not as great as dragon's 64% in one day (several pages back). thanks to dragon33, es/pip, MO, TRO (mentioned in no order)
great weekend to everyone.
all you need is one trade like this per week (a 48.25% on the green)... well of course if you saw the prev low 3rd lzz run up you'll understand that 3rd lzz can happen twice in a week too
that being said, it's not as great as dragon's 64% in one day (several pages back). thanks to dragon33, es/pip, MO, TRO (mentioned in no order)
great weekend to everyone.
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The gap between reality and dream is called action.
Humble wrote:es/pip how do you decide when to draw a zl from the body of a hugging candle and when to draw it from the extreme?
In your chart on page 422 the lower zl was drawn from the body and this became a S&R line, whilst the higher zl was drawn from the extreme and stayed a zl.
In this case every which way would have worked but that's not usually the case. Do you adjust the zl line if it becomes S&R?
i dont draw them for me i am drawing them so you can see what i am referencing
if price is moving back down to a "zl" or "mz" i am interested in it coming into the wick and the body, so i am just watching those areas to see what happens--- no one knows which one or if it will even find s/r there at all
i am drawing them so others can see what i was looking at as the line in the sand
Bend over and assume the position for another 4 years of hope and change.
Shinobi-X wrote:I love weekend...
got stopped out at 109.227 for 377.2 pips (56.58%).
Great trading to all!
would you mind explaining how you are using them?
it looks like on that one you took a rat sell after the sema
i have never really understood how to use the semas since they repaint
Bend over and assume the position for another 4 years of hope and change.
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