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

[dragon33]

anyone finding it tricky today or is it me?

Maybe i was lucky to be at the right place at the right time.

[Braathen]

Sorry dragon.. im gonna have to differ.. that aint luck!

dont ask me why im nearlly outa money.. im just gnna sit in the corner and BUH HU

[IN-XS]

Here goes's another one!

[dragon33]

Sorry dragon.. im gonna have to differ.. that aint luck!

dont ask me why im nearlly outa money.. im just gnna sit in the corner and BUH HU

Hihi i saw the same on my H4 chart



I was just polite in my answers!

[adaseb]

I am waiting for EU GU UJ and EJ to reverse and look for an entry there.

[JESGPY]

This should be an answer to a lot of people who are struggling with the entry and the SL.

Lets start with a picture!


Lets say you are entering with a limit order at the 50% section of the H4 candle from where the lines are starting. That way you are entering without any view what price will do next!!! This is told several times but for those who don't have the discipline to wait put your SL at the bottom or the 0% section!!!

On the next picture i will give you other possibilities.



The white lines on this picture are the same as on previous picture drawn on the H4 chart. The red lines are the new analysis!
Now you can see what would have happened if you got in with a limit. It depends on what for trader you are if you like this or not!! I don't!!

The first blue candle gives you a hint of a possible change but you need to see first some things befor that candle will hold! Let that candle close and see what happen next. Put a line at the 50% area and if price hit that line and run away in the direction you want be ready to enter at body close or high!!! You will make pips immediately. Put your SL at the bottom of the candle with the drawings on!!! If the SL is bigger then 20 take it at your own risk. This was 18 pips. Lets tune the SL.



Now you can see how it is possible to tune the SL. You could have entered with a SL of just 8 pips and when you look up that was a nice RR
For targeting another difficult part. Every previous H1 open, close or 50% area is a possible stoppoint so be ready to close and try to reenter.

Dragon

is this trade correct acording to your explanation I quoted above

1h Mo Zone



5m entry of 1h MO zone



Thanks for your feedback

JUAN

[MDSEA]

This should be an answer to a lot of people who are struggling with the entry and the SL.

Lets start with a picture!


Lets say you are entering with a limit order at the 50% section of the H4 candle from where the lines are starting. That way you are entering without any view what price will do next!!! This is told several times but for those who don't have the discipline to wait put your SL at the bottom or the 0% section!!!

On the next picture i will give you other possibilities.



The white lines on this picture are the same as on previous picture drawn on the H4 chart. The red lines are the new analysis!
Now you can see what would have happened if you got in with a limit. It depends on what for trader you are if you like this or not!! I don't!!

The first blue candle gives you a hint of a possible change but you need to see first some things befor that candle will hold! Let that candle close and see what happen next. Put a line at the 50% area and if price hit that line and run away in the direction you want be ready to enter at body close or high!!! You will make pips immediately. Put your SL at the bottom of the candle with the drawings on!!! If the SL is bigger then 20 take it at your own risk. This was 18 pips. Lets tune the SL.



Now you can see how it is possible to tune the SL. You could have entered with a SL of just 8 pips and when you look up that was a nice RR
For targeting another difficult part. Every previous H1 open, close or 50% area is a possible stoppoint so be ready to close and try to reenter.

Dragon

is this trade correct acording to your explanation I quoted above

1h Mo Zone



5m entry of 1h MO zone



Thanks for your feedback

JUAN

I was looking at this trade also. Hopped in late rookie mistake....
Next one... WOULDVE BEEN A WINNER!!!

[dragon33]

This should be an answer to a lot of people who are struggling with the entry and the SL.

Lets start with a picture!


Lets say you are entering with a limit order at the 50% section of the H4 candle from where the lines are starting. That way you are entering without any view what price will do next!!! This is told several times but for those who don't have the discipline to wait put your SL at the bottom or the 0% section!!!

On the next picture i will give you other possibilities.



The white lines on this picture are the same as on previous picture drawn on the H4 chart. The red lines are the new analysis!
Now you can see what would have happened if you got in with a limit. It depends on what for trader you are if you like this or not!! I don't!!

The first blue candle gives you a hint of a possible change but you need to see first some things befor that candle will hold! Let that candle close and see what happen next. Put a line at the 50% area and if price hit that line and run away in the direction you want be ready to enter at body close or high!!! You will make pips immediately. Put your SL at the bottom of the candle with the drawings on!!! If the SL is bigger then 20 take it at your own risk. This was 18 pips. Lets tune the SL.



Now you can see how it is possible to tune the SL. You could have entered with a SL of just 8 pips and when you look up that was a nice RR
For targeting another difficult part. Every previous H1 open, close or 50% area is a possible stoppoint so be ready to close and try to reenter.

Dragon

is this trade correct acording to your explanation I quoted above

1h Mo Zone



5m entry of 1h MO zone



Thanks for your feedback

JUAN

Yes but try to make your entry after price came back. So you have your entry candle. wait for price to come back and then you enter. It is less drawdown

[JESGPY]

This should be an answer to a lot of people who are struggling with the entry and the SL.

Lets start with a picture!


Lets say you are entering with a limit order at the 50% section of the H4 candle from where the lines are starting. That way you are entering without any view what price will do next!!! This is told several times but for those who don't have the discipline to wait put your SL at the bottom or the 0% section!!!

On the next picture i will give you other possibilities.



The white lines on this picture are the same as on previous picture drawn on the H4 chart. The red lines are the new analysis!
Now you can see what would have happened if you got in with a limit. It depends on what for trader you are if you like this or not!! I don't!!

The first blue candle gives you a hint of a possible change but you need to see first some things befor that candle will hold! Let that candle close and see what happen next. Put a line at the 50% area and if price hit that line and run away in the direction you want be ready to enter at body close or high!!! You will make pips immediately. Put your SL at the bottom of the candle with the drawings on!!! If the SL is bigger then 20 take it at your own risk. This was 18 pips. Lets tune the SL.



Now you can see how it is possible to tune the SL. You could have entered with a SL of just 8 pips and when you look up that was a nice RR
For targeting another difficult part. Every previous H1 open, close or 50% area is a possible stoppoint so be ready to close and try to reenter.

Dragon

is this trade correct acording to your explanation I quoted above

1h Mo Zone



5m entry of 1h MO zone



Thanks for your feedback

JUAN

Yes but try to make your entry after price came back. So you have your entry candle. wait for price to come back and then you enter. It is less drawdown

Is a better place and time?



JUAN

[adaseb]