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

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jarnapal
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Postby jarnapal » Thu Aug 12, 2010 7:16 am

Someone posted 8hour view over forexfactory (which I read only to read about economic situation) and one thing catched my eye immediately.

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Last edited by jarnapal on Thu Aug 12, 2010 8:37 am, edited 1 time in total.

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Jalarupa
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Postby Jalarupa » Thu Aug 12, 2010 7:21 am

Quick 40 pip scalp off the GU Daily+Extreme (D1 Zline)
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Working from home today so thought I'd quickly "put some money in the bag"

Now back to work for me :)
:smt065

Pro Trader
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EJ Short

Postby Pro Trader » Thu Aug 12, 2010 9:06 am

Hey all I havent posted in a while but I'm still around.

I keep giving pips away like I did today.

Marked up 15m zline from last night. This morning price hit the level, closed above then closed below so I entered on a 15m rat. Price was having trouble at a 5m zline so I got out with 4 pips. What a waste. A Red 15m momo then closes below my SR line so I take a 15m rat off that. You can see my exit at the green line where price went up off a 5m zline a bit.

I think I need to get rid of the 5m chart when trading off these time frames. This is not the first time I've exited earlier like this. I can't keep giving away pips like this. Trade was off a daily high and price was almost at yesterdays D1 50% as well. How much more confluence do you need.

All comments welcome.

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prochargedmopar
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Postby prochargedmopar » Thu Aug 12, 2010 1:27 pm

lukx wrote:my account simply melted this week:

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not good taking into account I might also loose job soon :(



"LOSE"!!!
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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noushina
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Postby noushina » Thu Aug 12, 2010 2:09 pm

lewz lews lawz and laws is how I would spell them with soft and hard s and z. Its no wonder non-native speakers have a problem with English.

Oh wait, this is not a grammar forum ... well I'm still lewzing as often as I winn, but my lawses are not so bad. So all is not lawst.

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Jalarupa
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Postby Jalarupa » Thu Aug 12, 2010 2:20 pm

noushina wrote:lewz lews lawz and laws is how I would spell them with soft and hard s and z. Its no wonder non-native speakers have a problem with English.

Oh wait, this is not a grammar forum ... well I'm still lewzing as often as I winn, but my lawses are not so bad. So all is not lawst.


ImageImageImageImageImage

You Japanese peeps and your engrish make me smile Image

場合は、非常に面白いていることをありがとう!

flex
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Postby flex » Thu Aug 12, 2010 2:20 pm

i think that was a nice trade. waited for a longer h1 bar, went long with h1 color and using a rat enty. i was targeting the upper 50% level, but when price stalled at that h4 open/close i took profit.

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i can't use more than one cc overlay. i don't know, if i use more than one i just don't see no nothin'
totally distracts me.

flex
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Postby flex » Fri Aug 13, 2010 11:12 am

another profitable trade. i was so tired that i eventually set a tp at next resistance and went to bed.

h4 failed to close lower, h1 bigger candle, m15 rat.

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bacoazul
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Postby bacoazul » Fri Aug 13, 2010 3:44 pm

Little scalp on GJ, waiting for some extreme to trade big
pips again



looks like for some reason everybody is moving his charts to
blind mouse tread, i hope dragon keep posting here =)
These are my principles. If you don't like them, I have others.

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cfabian
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Postby cfabian » Fri Aug 13, 2010 4:23 pm

Flex, although good trade, your analysis is not correct as previous H4 from your entry did close lower than its previous H4 close. Also that candle made a lower low. Probably you meant it didn't close lower than the extreme.

Nice trading


flex wrote:another profitable trade. i was so tired that i eventually set a tp at next resistance and went to bed.

h4 failed to close lower, h1 bigger candle, m15 rat.

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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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