Dragon, I believe to have a confusion here...
That marked candle in my post was considered as it wicked the H1 zone and closed out of it, creating a bullish "reversal candle". That zone also coincided with a H1 ZL. I entered at the break of it. Long term trend has been bullish as well.
What you do is entering at the break of high/low of confirming M15 candle, right (rat entry)?
When you say "YOU ONLY GET A GO WHEN YOU CAN DRAW M15 ZL", it makes me believe you enter on the retrace to the break out point, and not as a rat.
In addition, when looking back at the linked example, I do not see a ZL on M15 that is wicked back, what suggests the entry is at the break and not at a retrace. So to me, the only difference would be the equal sized candles.
Not sure if I'm expressing this correctly. Hopefully I am.
Maybe yes it was just a losing trade when our edge indicated the opposite.
Thanks for your help.
dragon33 wrote: cfabian wrote:
Not sure about that, H1 momo up is where our fibs are located. Also consider this post what I believe is "similar":http://kreslik.com/forums/viewtopic.php?p=44519#44519
lukx wrote:yep... I think our mistake was not waiting for 1h momo up from 4h mz and pullback to this 1h momo mz...
Nope not similar!!!
When reaching a zone YOU ONLY GET A GO WHEN YOU CAN DRAW ZEROLINES!!!!
So where are the lines on your M15. There is no M15 BO so there is no M15 zl possible. See the difference