Never Lose Again

[dragon33]

I think that a lot of people have trobble with closing there positions at the right time.
First thing to do: learn to step in at the right time. If you can't do it keep learning untill you get it.

second thing: grab the 5 pips using the dragon MM untill your account is big enough to increase lotsize. If your trading score is 50/50 go back to demo.

third thing: Stay at the 5 pips with right entry with dragon MM or lower your lotsize and learn to step in at different points with different lotsize.
When you can see the zerolines on the H1 you can step in with a smallone on another M15 zero you take a bigger and so on. On the next zero you close them all.

MO maybe it is interesting to help people with giving the entrypoints from the zero lines those are almost profitable for anyone? I am learning the H4 zerolines but it is not my thing yet. But when i do i can make massif profit.

[prochargedmopar]

Weather you are going for 30 pips or 300 it is all earned in a single candle and that single candle has corrections, but your strategy remains the same; trade in the direction of profit.

This is huge.
Profit target determines timeframe.

Thanks to both for the help.
3.5hrs to NY open. Gotta get some sleep.

dragon33,
MO maybe it is interesting to help people with giving the entry points from the zero lines those are almost profitable for anyone?

I think you guys did a good job with that a couple pages back.
Ya'll and es/pip posting entry's and exit's helps too.

I think I've just got to stay away from the M1 candles. They take all my pips and I'm trying to ride 2-4 candles of a run. Getting into the M1 when it's to large also kicks my butt.

[es/pip]

not sure if this matters or not

but

i never trade just the m1 and really very rarely use it at all

if i do it is always based of the the m5-m15 zero lines

[es/pip]

who would have ever thought this would happen


not the boys with their stops at b/e

poor guys

[prochargedmopar]

Not a Z-line trade here.
This is a BuyZone Trade off the open of the hr.
With a market in this condition a 5yo could have seen this trade coming.
+16.9 From 1.4018 Short.

Now,
I left 20 pips on the table, an M1 candle never closed against me but I jumped ship anyway. That cannot be taught, it's all in the head. I know the rules.
M1 close against, get out on next candle for most profit available. Or Scale out according to previous posts.
Lets go lookin for some z-lines now. Got lots of semi-3's......

[MightyOne]

I think that a lot of people have trobble with closing there positions at the right time.
First thing to do: learn to step in at the right time. If you can't do it keep learning untill you get it.

second thing: grab the 5 pips using the dragon MM untill your account is big enough to increase lotsize. If your trading score is 50/50 go back to demo.

third thing: Stay at the 5 pips with right entry with dragon MM or lower your lotsize and learn to step in at different points with different lotsize.
When you can see the zerolines on the H1 you can step in with a smallone on another M15 zero you take a bigger and so on. On the next zero you close them all.

MO maybe it is interesting to help people with giving the entrypoints from the zero lines those are almost profitable for anyone? I am learning the H4 zerolines but it is not my thing yet. But when i do i can make massif profit.

A true ZL trade has a body close 2x > the prev. body close.

Think about that for a second...

If the last candle was twice as large and engulfed the prev. candle then the ZL would run through half the last candle to close.
If the last candle was twice as large and closed in the same direction as the prev. candle then the ZL would be the open of the last candle to close.

This means that the minimum ZL is OC/2 and the maximum ZL is O.

When price reaches this area you simply trade with candle color on small TF charts where small is a chart <= a time period that is used to calculate risk.

ANY OF TRO's METHODS CAN BE USED IN THE ZL AREA!

...and you guys don't seem to hear me when I say that I AM USING TRO's day trading style with my long term style (ZL's, momentum, ETC).

So how do you enter?

[MightyOne]

Not a Z-line trade here.
This is a BuyZone Trade off the open of the hr.
With a market in this condition a 5yo could have seen this trade coming.
+16.9 From 1.4018 Short.

Now,
I left 20 pips on the table, an M1 candle never closed against me but I jumped ship anyway. That cannot be taught, it's all in the head. I know the rules.
M1 close against, get out on next candle for most profit available. Or Scale out according to previous posts.
Lets go lookin for some z-lines now. Got lots of semi-3's......

In the upper right the indicator says 15:00 and has color.

I assume that means the start of the day from hour 15:00.

What is the name of that indi?

[TheRumpledOne]

First we must define what a bullish and bearish candle are:

Bullish: closes beyond the mid way-point between the open and the high.

Bearish: closes beyond the mid way-point between the open and the low.

===============================


MightyOne knows I am a sucker who can't resist coding a formula.

TRO MIGHTYONE CANDLES draws the candles according to MightyOne's definition.

MO - you have mail.

[prochargedmopar]

It's his new donational multi-meter-candle-color.......!!
TRO's been kicken em out lately.
Procharged.

You are making me see MightyOne.

BTW,
Today I picked up +81 pips on 9 closed trades......no loses,
Then I had 3 losing trades using the new BZ dynamic indicator setup. I did not wait for the proper setup that I see and just took the trades blindly according to it's signals to see what happened. It will work good when applied properly.

[MightyOne]

It's his new donational multi-meter-candle-color.......!!
TRO's been kicken em out lately.
Procharged.

You are making me see MightyOne.

BTW,
Today I picked up +81 pips on 9 closed trades......no loses,
Then I had 3 losing trades using the new BZ dynamic indicator setup. I did not wait for the proper setup and just took the trades blindly to see what happened. It will work good when applied properly.

I hope that you are not trading full size positions trading off an indicator right out of the box.

Did you set a 9 pip TP on all trades?

Congrats!