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

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adaseb
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Postby adaseb » Wed Dec 16, 2009 5:10 pm

So was your decision to go long based on that large candle on the M15?

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dragon33
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Postby dragon33 » Wed Dec 16, 2009 5:37 pm

adaseb wrote:So was your decision to go long based on that large candle on the M15?

Image


The first big blue gives you a hint, see how long price needs to go back to zero or a bit further!!!

Just watch the overlays. The first blue candle was the end of the H1 (doji).
I was allready thinking to go long at that stage just seeking for a good entry.
The pullback of the second blue candle is what i like to see!

Again it was fully with my plan.
Hit a bigger tmf zero.
A first other colored candle.
H1 was with me at the time of the entry.
And money was flooding in my pocket ;-)
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

Fxtraveller
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Postby Fxtraveller » Wed Dec 16, 2009 5:43 pm

Dragon, did you mean that you only trade long when price above MA and only short when below?
I did not understand clearly how MA helps with decisions when price is ''far away'' from the MA.
p.s. whats the time period for that one? ;))

Regards.
FxT

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dragon33
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Postby dragon33 » Wed Dec 16, 2009 6:01 pm

Last time i show a peace of my statement, so don't ask anymore!
The reason therefore is to show you that losing is part of the game.
Yesterday was not that goog for me, not focust enough.
Today i covered all te loss at once with a big gain above the loss.

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Trading is like cycling, first you need to learn how.

Two options: you either lose or win!

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dragon33
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Postby dragon33 » Wed Dec 16, 2009 6:04 pm

Fxtraveller wrote:Dragon, did you mean that you only trade long when price above MA and only short when below?
I did not understand clearly how MA helps with decisions when price is ''far away'' from the MA.
p.s. whats the time period for that one? ;))

Regards.
FxT


It is the 50 EMA and i will never trade a the first pullback above the line or vice versa.
Trading is like cycling, first you need to learn how.

Two options: you either lose or win!

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rushN4
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Postby rushN4 » Wed Dec 16, 2009 6:09 pm

dragon33 wrote:
Fxtraveller wrote:Dragon, did you mean that you only trade long when price above MA and only short when below?
I did not understand clearly how MA helps with decisions when price is ''far away'' from the MA.
p.s. whats the time period for that one? ;))

Regards.
FxT


It is the 50 EMA and i will never trade a the first pullback above the line or vice versa.



Ok so you passed on this move too? it is the first pullback to the 50 ema.

I was not sure one this one...there was a 4h MZ above it

Image
No matter where life takes you, you will always check the market and always want to continue being a part of it. It's like that first true love, it will always be there no matter what the distance, no matter whether they are alive or dead.

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dragon33
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Postby dragon33 » Wed Dec 16, 2009 6:29 pm

rushN4 wrote:
dragon33 wrote:
Fxtraveller wrote:Dragon, did you mean that you only trade long when price above MA and only short when below?
I did not understand clearly how MA helps with decisions when price is ''far away'' from the MA.
p.s. whats the time period for that one? ;))

Regards.
FxT


It is the 50 EMA and i will never trade a the first pullback above the line or vice versa.



Ok so you passed on this move too? it is the first pullback to the 50 ema.

I was not sure one this one...there was a 4h MZ above it

Image


I see smaller pullbacks but please do not discuss for what the 50 EMA is. I will keep it as simple as possible.
The main thing is we are trading zerolines and i gave you the entry and SL after hitting a zeroline
Trading is like cycling, first you need to learn how.

Two options: you either lose or win!

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pablo101
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Postby pablo101 » Thu Dec 17, 2009 1:55 am

dragon33 wrote:Last time i show a peace of my statement, so don't ask anymore!
The reason therefore is to show you that losing is part of the game.
Yesterday was not that goog for me, not focust enough.
Today i covered all te loss at once with a big gain above the loss.

Image


Must have been mentally hard to lose 12K!

But I see you made it up, nice trading :)
What line? The line that tells you which way you are trading! - MO

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pablo101
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Postby pablo101 » Thu Dec 17, 2009 1:57 am

Fxtraveller wrote:Dragon, did you mean that you only trade long when price above MA and only short when below?
I did not understand clearly how MA helps with decisions when price is ''far away'' from the MA.
p.s. whats the time period for that one? ;))

Regards.
FxT


I think Dragon wants to show just direction with the MA, not to trade with it.
What line? The line that tells you which way you are trading! - MO

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Braathen
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Postby Braathen » Thu Dec 17, 2009 3:05 am

8H zline trade here.. this is my 2nd entry.. first was -6 pips a good few hours ago.. then this.. managed to get 70 pips and im out.

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Thanks dragon for all your great posts :)
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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