Here is the difficulty I am having. I could SEE the Z-line at .2667-.2662 on multiple time frames.
I wanted to take the short trade at .2662 and again at .2656.
I WATCHED/DID NOTHING the entire half hour. 60 pips in the trash. Saw another one a couple hrs later at 2700 level. 70 more pips down the tube. Very frustrated here not being able to follow my rules and take trades.
I must not have wanted to take them very badly!!!
Ended up taking some buyzone trades and getting whipsawed like a big dog. I had +21.7 pips for the day.
21 pips for the day is far from pathetic-------u did better than 95% of other traders
if u make 21 pips per day----everyday---with the right m/m--- you are rich inside of a year----and that's with a small account starting out
i do not mean this in a derogatory way------ i cannot tell what the hell is going on in that chart
this goes for everyone---that is-------who is interested in zlines
go back and read and copy everyone of MO's posts into a word doc including the charts. ----should take u around 2 hrs
--read them at least 50 times
---- open mt4 and draw zlines and label 1 and 2's----repeat until u SEE it
that's what i did
it is pretty damn important to know where we just came from and where we are most likely to go imho
i really do not think everyone understands what MO has presented here-----not saying that everyone doesn't understand it bec they dont see it----but saying, what has been laid out here is priceless.
i have been around for a while
--- bought every "system", indicator and mentor service you could imagine------- i lost tons of money trading these b.s systems----then i realized that none of that mattered and it was all about price action and i traded according to it
and then taking that with what MO has shown has filled in the missing piece.
for those that are interested in zlines and do not SEE it------------if you do not go back and take the posts and study them and study the charts----------------- well, i just don't know what to say about that
if you don't SEE it you are looking too hard. Read the posts and look at all of the charts that have been posted
ok, ok,ok,ok,ok,ok -------------------------------rant over