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

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TygerKrane
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Postby TygerKrane » Tue Aug 03, 2010 9:20 pm


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

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dragon33
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Postby dragon33 » Tue Aug 03, 2010 9:27 pm

TygerKrane wrote:Happy Belated B-Day dragon!

Image

My, what an amazing collection of pips you have amassed!
Image


[left]http://upload.wikimedia.org/wikipedia/en/thumb/5/5c/Dragons_lair.jpg/300px-Dragons_lair.jpg[/left]

http://en.wikipedia.org/wiki/Dragon%27s_Lair


~Krane


lol
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

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lukx
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Postby lukx » Thu Aug 05, 2010 7:17 am

Dragon, I remember you saying some time ago that you simply trade away form semas on 4h. My question is do you trade away from ANY sema 1 , 2 , 3 or rather try go only away form 3?


Like this situation:
Would you get ready for short based on going away from 3 or long away from fresh 2?

Image

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noushina
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Postby noushina » Thu Aug 05, 2010 10:45 am

Brother Luke, welcome back!

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lukx
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Postby lukx » Thu Aug 05, 2010 10:57 am

:)

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newschool
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Postby newschool » Thu Aug 05, 2010 2:48 pm

still in Cyprus luke? what about that forex convention that was happening there...

Remember what a sema is... its only support/resistance ! In fact, the indicator just check the highs/lows, heres some code from it:

Code: Select all

val=Low[Lowest(NULL,0,MODE_LOW
val=High[Highest(NULL,0,MODE_HIGH


That being said, they cannot give you an edge. Its your job to determine if price will push (breakout), will bounce, or both (false b/o, retracement).

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lukx
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Postby lukx » Thu Aug 05, 2010 3:06 pm

yep still in Cyprus... no I didn't go to that convention I'm too lousy trader to go and make fool of myself , better to do it here on forums :)

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dragon33
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Postby dragon33 » Thu Aug 05, 2010 9:46 pm

lukx wrote:Dragon, I remember you saying some time ago that you simply trade away form semas on 4h. My question is do you trade away from ANY sema 1 , 2 , 3 or rather try go only away form 3?


Like this situation:
Would you get ready for short based on going away from 3 or long away from fresh 2?

Image


Yes you can take any number! But before you can trade it you need to see some momentum on H1. Then trade the pullback of that H1
Trading is like cycling, first you need to learn how.

Two options: you either lose or win!

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lukx
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Postby lukx » Fri Aug 06, 2010 4:40 am

Thank you Dragon :)

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lukx
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Postby lukx » Fri Aug 06, 2010 1:50 pm

ouch !!! my ass hurts a bit after this trade :

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