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

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rushN4
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Postby rushN4 » Sun Aug 08, 2010 1:46 pm

dragon33 wrote:Image



Thanks dragon for showing us new stuff... :D do you always draw in this lines? or is it just for explanation? to show us....
Last edited by rushN4 on Sun Aug 08, 2010 4:21 pm, edited 1 time in total.
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dragon33
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Postby dragon33 » Sun Aug 08, 2010 2:58 pm

rushN4 wrote:
dragon33 wrote:Image



Thanks dragon for showing us new stuff... :D do you always draw in this lines? or is it just for explanation? to show us....


I only draw them when they fall of my screen. It is just something to consider and for learning purposal about support and resistance.

If you know these points then you can almost predict if it is worth taking a trade or not.

If you can choose to take a trade now with a possibility of 20 pips or just wait till you get the RIGHT opportunity to make about 100 what would you do!!!

I guess i know.

Well those lines can give you that edge you need.
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

lazygeorge
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Postby lazygeorge » Sun Aug 08, 2010 3:33 pm

dragon33 wrote:
rushN4 wrote:
dragon33 wrote:Image



Thanks dragon for showing us new stuff... :D do you always draw in this lines? or is it just for explanation? to show us....


I only draw them when they fall of my screen. It is just something to consider and for learning purposal about support and resistance.

If you know these points then you can almost predict if it is worth taking a trade or not.

If you can choose to take a trade now with a possibility of 20 pips or just wait till you get the RIGHT opportunity to make about 100 what would you do!!!

I guess i know.

Well those lines can give you that edge you need.


Excellent dragon,another gem i can add to my collection of all your posts :lol:

If i find my consistency is waining and i get complacent with a few losers
i refer to such gems of information which gets me back to basics and
back on track.........

Thank you

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newschool
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Postby newschool » Sun Aug 08, 2010 10:14 pm

dragon je te payes une bi?re d?s que je suis en Belgique ;)

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dragon33
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Postby dragon33 » Sun Aug 08, 2010 11:34 pm

newschool wrote:dragon je te payes une bi?re d?s que je suis en Belgique ;)


Bring on that beer but please not in French because i don't speak it lol. I only understand the language
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jarnapal
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Postby jarnapal » Mon Aug 09, 2010 6:56 am

Dragon, are these Blubb's custom candles ?

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bredin
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Postby bredin » Mon Aug 09, 2010 7:38 am

look like candles-m-candles to me: I can see the wicks and tails.

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dragon33
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Postby dragon33 » Mon Aug 09, 2010 8:38 am

jarnapal wrote:Dragon, are these Blubb's custom candles ?


I don't use CC only H1 overlay and H4 charts with daily overlay
Trading is like cycling, first you need to learn how.

Two options: you either lose or win!

scheeco
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Postby scheeco » Mon Aug 09, 2010 8:56 am

dragon33 wrote:Image


With this there was also some confirmation candles along with the Railroad Tracks:
The H1 RailRoad TRacks would indicate a possible reversal but ideally you will still want to see some confirmation.
The yello circle at the bottom is also a nice looking M15 hammer with price quickly rejected in that area.
And again M15 Railroad tracks form. So Three indictions...
But we can look back a little bit more and see that Aug 5 07:15 made a daily low, was retested at Aug 5 15:15 and rejected.

Just looking at key things Dragon mentions will lead to profitability.

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lukx
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Postby lukx » Mon Aug 09, 2010 11:36 am

hmmm what did I do wrong ?

Image

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