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

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es/pip
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Postby es/pip » Tue Aug 24, 2010 10:32 pm

FXfreak wrote:i search the countdown which es/pip has in his charts at the right side directly next to the last candle. the countdown shows the time left of the current candle.

does anybody know where i can download that indicator?

i attached a picture from es/pip which shows the countdown.

thanks!!

Image


see if this works
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b-clock_modified.mq4
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Bend over and assume the position for another 4 years of hope and change.

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tmanbone
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Postby tmanbone » Wed Aug 25, 2010 12:56 am

TygerKrane wrote:
tmanbone wrote:
TheRumpledOne wrote:You need an "EXIT PLAY BOOK". I have written about this before.

Have a plan of EXACTLY what you will do when you are up 1, 2, 3,..., 18, 19, 20 pips.

Then STICK TO THE PLAN.

It will be hard for winners to become losers.


I'll see if I can find it. Thanks,


Pick Your Poison:

[hr][hr][hr]

And if you are PURELY DTB'ing Like A Rat this a great reminder of what your mentality should be:

~Krane


:::EDIT:::
On second thought, NO ONE in this thread is purely DTB'ing Like A Rat :lol: :smt043
(I should cross-post this in THAT thread though...hmmm, maybe :roll: )



Wonderful, Thanks
"The simplicity of the markets is it's greatest disguise"

T

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tmanbone
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Postby tmanbone » Wed Aug 25, 2010 1:12 am

noushina wrote:Nice finds Tyger. They're going on my wall

Quotes from TRO
-----------

AT +5 pips, I will be ready to bail at +3 if price pulls back.
At +10 pips, I will enter a trailing stop of 4 or 5 pips.
At +15, I will cancel the trailing stop and enter a hard stop at +10.

Then I will move the hard stop up if price moves up.

At +25, I may move the hard stop up to +25 or to a price ending in 0 or 9.

Sometimes, I may exit 1/2 of my position at +20 to lock in a 1% gain.

The idea is to be CONSISTENT. You'll miss out sometimes, but you only need ONE big run and you are done for the day.

Remember, the daily goal is 2% or more and DO NOT OVER TRADE.

-------------------------

What is
5 * 2?
4 * 3?

If you make 4 - 5 trades and net 2 - 3 pips, that's 10 - 12 pips a day.
If you risk 2%, you increase your account by 2% or more.

You must first learn to capture the small pips BEFORE you go after the larger pips.
Sooner or later you get real lucky and catch a rocket for 10 or more pips.

You need an EXIT PLAY BOOK.
What do you do at:

+ 1 pip - wait
+ 2 pips - wait
+ 3 pips - move stop to break even
+ 4 pips - wait
+ 5pips - move stop to entry + 2
etc.... up to 20 pips or more.

Then STICK TO THE EXIT PLAY BOOK. Your job is to execute. The market will take care of the rest.

--------------------------------

if price moves in your favor 2 pips and then stops...
if you do not take 2 pips and lose 10

who is to blame?

here's what happens...

first trade...
price moves up 2 and stops
trader takes 2 pips and then price zooms up another 20 + pips
trader gets mad

second trade
price moves up 2 pips and stops
trader THINKS and decides NOT to take the 2 pips
price drops and stops trader out

so... 2 + 2 = 4 (RAT)
or
2 - 10 = -8 (YALE STUDENT)

YOU DECIDE

WHEN PRICE STOPS MOVING... DO YOU KNOW WHAT WILL HAPPEN NEXT?

the idea is to be PROFITABLE PERIOD


Thanks for putting this together in a copy and paste format.
"The simplicity of the markets is it's greatest disguise"



T

FXfreak
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Postby FXfreak » Wed Aug 25, 2010 6:45 am

thanks es/pip and pip's fari!!

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JESGPY
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Postby JESGPY » Wed Aug 25, 2010 4:26 pm

My trade of the day.

Image

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bacoazul
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Postby bacoazul » Thu Aug 26, 2010 6:10 am

Monthly low



These are my principles. If you don't like them, I have others.

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TheRumpledOne
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Postby TheRumpledOne » Thu Aug 26, 2010 9:11 am

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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JESGPY
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Postby JESGPY » Thu Aug 26, 2010 10:00 am

TheRumpledOne wrote:Did you see this?

http://www.fxstreet.com/education/tradi ... 08-24.html



What Seiden teaches is similar to MZs.

bohsen
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Postby bohsen » Thu Aug 26, 2010 10:49 am

JESGPY, there is indeed a lot of overlap between Seiden and what is taught here, just use of slightly different language which means that it works!
Seiden teaches a set of Odds Enhancers which, when ticked, will turn the odds in our favour. Of course that means the trade may still not work out. ](*,)

E.g. one of them is the "strength of move away" from the "level" when it is first formed. You want this initial move away to be strong. This concept is exactly the same as the momo candle => an objective indication of a supply and demand imbalance. The origin of the imbalance is the "level" marked by the ZL and the price extreme.





TheRumpledOne wrote:  ? Select ?
Did you see this?

http://www.fxstreet.com/education/tradi ... 08-24.html



What Seiden teaches is similar to MZs.

jarnapal
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Postby jarnapal » Thu Aug 26, 2010 12:08 pm

JESGPY wrote:
TheRumpledOne wrote:Did you see this?

http://www.fxstreet.com/education/tradi ... 08-24.html



What Seiden teaches is similar to MZs.


Bredin also has indicator for Seiden stuff. II_SupDem

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