Never Lose Again

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deeforex
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Postby deeforex » Fri Mar 13, 2009 7:56 pm

TheRumpledOne wrote:How about that one?


OMG, call the doctors, I think I'm having a seizure :lol:

I thought this forum was keeping is simple?!? :D

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deeforex
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Re: It is amazing if you could what MO do

Postby deeforex » Fri Mar 13, 2009 8:00 pm

dragon33 wrote:Image

4 trades today for a total of 107 pips. The arrows on the chart are almost perfect zerotrades the 4th trade it was down to the H1 zero.

When MO started posting the zerolines he brought me back on track. Very good days of trading but still some losers. The most important thing to know is when you make a high or low. You must see momentum starting. This was where i was making my mistakes!! I saw zeros everywhere. But how you see momentum???

After a new high or low you can draw a zero on each body but that zero is only valid when the second candle break that line and body must be at least twice as big as previous candle. Tip: to be extra safe use color of H1 and trade only the zeros with the same color

If that happens after closing then you can start throwing some limit orders out there.
This is the way how i understand it and since i did i lose much less as before. I has been 28 trades without losing. I think i finally do understand the zero concept. If it keeps working like now i don't think i will learn something else as long as i stick to what i am doing now.


Hey MO if i'm writing rubbish let me know and i delete the post.


thanks dragon :)

Once MO confirms that this is not rubbish :wink: , I shall internalize your thoughts.

dee

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TheRumpledOne
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Postby TheRumpledOne » Fri Mar 13, 2009 8:16 pm

Image

Perhaps this one is more like it?
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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TheRumpledOne
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Postby TheRumpledOne » Fri Mar 13, 2009 9:01 pm

Dragon, would you please draw in the zero lines? Thanks.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Fri Mar 13, 2009 9:26 pm

Image

"After a new high or low you can draw a zero on each body but that zero is only valid when the second candle break that line and body must be at least twice as big as previous candle. Tip: to be extra safe use color of H1 and trade only the zeros with the same color"

Another piece to the puzzle!

The magenta number in the middle of the candle is that candle body's size vs the previous candle.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: It is amazing if you could what MO do

Postby rickyineng » Fri Mar 13, 2009 9:35 pm

4 trades today for a total of 107 pips. The arrows on the chart are almost perfect zerotrades the 4th trade it was down to the H1 zero.

When MO started posting the zerolines he brought me back on track. Very good days of trading but still some losers. The most important thing to know is when you make a high or low. You must see momentum starting. This was where i was making my mistakes!! I saw zeros everywhere. But how you see momentum???

After a new high or low you can draw a zero on each body but that zero is only valid when the second candle break that line and body must be at least twice as big as previous candle. Tip: to be extra safe use color of H1 and trade only the zeros with the same color

If that happens after closing then you can start throwing some limit orders out there.
This is the way how i understand it and since i did i lose much less as before. I has been 28 trades without losing. I think i finally do understand the zero concept. If it keeps working like now i don't think i will learn something else as long as i stick to what i am doing now.



Dragon,

Can you also please mark on the chart the following stuff that you mentioned in your post:

-- second candle
-- limit order lines (if not at the zero line).

Thank you very much.

cheerz,
-- ricky

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TheRumpledOne
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Postby TheRumpledOne » Fri Mar 13, 2009 10:05 pm

Image

KEEP IT SIMPLE.

When you see price make a new dynamic support high then it will either make another new high or retrace.

Failure to make a new high means it is NOT making a new high so it must be reversing.

You can watch price push the red dots up. When price stops pushing, no more new highs.
Last edited by TheRumpledOne on Fri Mar 13, 2009 10:07 pm, edited 1 time in total.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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es/pip
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Postby es/pip » Fri Mar 13, 2009 10:07 pm

here is one from me today

Image


and some scalps

Image

Image
Last edited by es/pip on Fri Mar 13, 2009 10:16 pm, edited 3 times in total.

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Postby es/pip » Fri Mar 13, 2009 10:09 pm

posted twice deleted it

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prochargedmopar
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Postby prochargedmopar » Fri Mar 13, 2009 11:00 pm

Dragon33,
You are not writing rubbish as it is very helpful to me in your success story, images, and descriptions of what YOU see.
Thankyou.

Deeforex,
Good post to es/pip,

More the merrier.
#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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