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

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newschool
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Postby newschool » Mon Aug 09, 2010 4:10 pm

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You just started trading, dont you? There was no way that price-action was gonna make a breakout. The USD pairs are currently really better looking than Yens.

dragon33 wrote:Bring on that beer but please not in French because i don't speak it lol. I only understand the language


You are flamand? I know the 2 groups dont really like each other...
Last edited by newschool on Mon Aug 09, 2010 4:16 pm, edited 3 times in total.

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es/pip
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Postby es/pip » Mon Aug 09, 2010 4:12 pm

flex wrote:waited all day for this opportunity. no luck though.

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h4 made a new high, couldn't close higher and had a looong wick. the next candle was bearish with some momentum.

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after price came into the zone wicking and being rejected by it i looked for a short rat possibility. see the line. i entered as soon as price crossed below. unfortunately this was a losing trade.
any ideas, dragon? would you show us your trades from today?


same thing happened as the other trade you took

it failed to close above a line

so you get out or flip the other way

tight ranges today, tough to get in to a run. Have to look at the extremes and just scalp or not trade

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Bend over and assume the position for another 4 years of hope and change.

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pablo101
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Postby pablo101 » Mon Aug 09, 2010 4:16 pm

Everyone showing their losers and expect Dragon to show them why they lost. I'm sure Dragon loses as we all do.

anyway, today most ccy stuck in a tight range, hard to trade so just stay out of the market if you can't see anything
What line? The line that tells you which way you are trading! - MO

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Jalarupa
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Postby Jalarupa » Mon Aug 09, 2010 4:21 pm

I'm currently 51 pips up a trade that I took this morning and have held...

Es/Pip was right... trade off the extremes...

Oh wait BREAKOUT GU! WHooohooo!!!! :D
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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pablo101
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Postby pablo101 » Mon Aug 09, 2010 4:25 pm

Jalarupa wrote:I'm currently 51 pips up a trade that I took this morning and have held...

Es/Pip was right... trade off the extremes...

Oh wait BREAKOUT GU! WHooohooo!!!! :D


YO! with you on that bro :D

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flex
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Postby flex » Mon Aug 09, 2010 4:34 pm

what is so bad about posting losers. i am here to learn. i'm relatively new to dragon's style of trading, ok, but after months and months of trying and losing trades in rat reversals i figured, well, maybe that just is not for me. so i wanted to do something different. zlines make much more sense to me, but forgive me if i post stupid trades. i'm here to learn and i think there are many ppl reading this thread and not posting a single chart doing the exact same thing.

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Jalarupa
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Postby Jalarupa » Mon Aug 09, 2010 4:35 pm

Nice one Pablo!

:D Was worth the wait... ;-)
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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Jalarupa
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Postby Jalarupa » Mon Aug 09, 2010 4:47 pm

flex wrote:what is so bad about posting losers. i am here to learn. i'm relatively new to dragon's style of trading, ok, but after months and months of trying and losing trades in rat reversals i figured, well, maybe that just is not for me. so i wanted to do something different. zlines make much more sense to me, but forgive me if i post stupid trades. i'm here to learn and i think there are many ppl reading this thread and not posting a single chart doing the exact same thing.


Hey Flex, I'm also relatively new and what I have discovered is less is more...

Dragon, MO, ES, TRO, Bredin, and the other big guns - they got this waiting game down to an art, just so that they can best position themselves to benefit from the movement the market offers... I used to throw trades out all over the place (still do sometimes) but what I have discovered via their gracious help is if you can enter on an extreme then you are at a massive advantage over everyone else...

Get ahold of bredin's daily+extreme indi (http://insanityindustries.net)Insanity Industries and try only entering off the extreme using TRO's rat method, and incorporating Dragon's Support Resistance Lines (3 or 4 pages back) and you will see a HUGE difference in your profitability... Then once you got that down, get in on the pull back using MO's Zlines and hold for those huge pips that the big guns pull...

And keep trying... one day it'll just click... mines only just beginning to click and it been almost 3 months live and I've almost killed my account twice... so I also got a loooooong way to still go... but this will come, I am sure of it...

Fly yer pirate flag high me matey :)

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lukx
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Postby lukx » Mon Aug 09, 2010 5:29 pm

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cfabian
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Postby cfabian » Mon Aug 09, 2010 5:45 pm

Hello guys... long time since I posted. Will do so more frequently as I miss this kind of interaction, fruitful for everybody.

Well, this is a loosing trade. Please shoot with your comments.

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WILL GET MY MONEY BACK FROM THOSE BASTARDS, AND I MEAN IT !!!!!
"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"

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