Never Lose Again

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es/pip
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Postby es/pip » Tue Mar 24, 2009 1:40 pm

i have got a couple of pms asking for me to explain what i am doing.

again

my explanation is my charts------- i cant explain it any other way.
thats why i post them to try and help others to see it.

there is no little part that i am not telling/showing--its all right there in the charts

body in direction of profit wick in the direction of loss

its everything that MO has shown. Like he said previous MO, Dragon and I each trade it a tad bit different but it is the exact same in principle--------body in direction of profit wick in the direction of loss

there is no other way to explain it

nice trading Dragon

edit---- that blue rect. should be in the top 50% of that bar---- i dont put them on my charts for trading i put them on to help other see what i am referencing---- put that one in the wrong spot--lol

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kc8flq
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Postby kc8flq » Tue Mar 24, 2009 1:49 pm

I'm attempting to learn my angles.
I couldn't post it last night at work but here's what I was looking at and studying. I think I'm on the right track

KC

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Give a man a fish.... feed him for a day...
Teach a man to fish.... feed him for a LIFETIME!!!

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es/pip
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Postby es/pip » Tue Mar 24, 2009 2:20 pm

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prochargedmopar
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Postby prochargedmopar » Tue Mar 24, 2009 3:19 pm

Dragon33,
Those 3 trades looked extremely risky using that chart only. Were those trades taken from a higher or lower time frame. The engulfing patterns were not nearly big enough to be considered "double size". Will you please elaborate? All seem to be taken on the opposite color H1 candle.


es/pip,
Your trades look textbook.
Excellent setups, Do you ever trade in the 2% club? It would be neat to have you in there to point a couple out to the others and I. Be helpful to watch live as they develop.
Thanks guys.
Procharged.
#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

Shadik
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Postby Shadik » Tue Mar 24, 2009 4:02 pm

Ok. This is my question.

ES.. You lookin at the chart, one chart... hm.. its meaby mm: euro/usd 15m. You see that "MightyZone" is comming. What you do next. You wait for 1st candle close after forming MZ (MightyZONE) and you come in on second or what. I ask because yesterday I made "perfect" trade^ I thought. First time I entered on second candle.. after that price goes against me;/ Ok.. I - i said next time will be better.. next trade: After MZ formed I wait for 15m candle closed.. (this candle show me wick in direction of loss) so I switch on 5m chart and go in the direction of "profit". After I come in - price again was against me.. :(( UNlucky trades.
So the question is.. when you see the MZ witch is forming ... you trade on ONLY on this chart when u see it or you switch to another chart?

Now I think that meaby we cant trade "all day" Meaby we can trade ONLY in some hours. Witch hours are best to trade like this? IM in ECT zone :)


Edit: dont worry it was demo acc:)
Last edited by Shadik on Tue Mar 24, 2009 4:05 pm, edited 1 time in total.

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MightyOne
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Postby MightyOne » Tue Mar 24, 2009 4:04 pm

We look through price (not along the outside edges to find channels):

ImageImage

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es/pip
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Postby es/pip » Tue Mar 24, 2009 4:23 pm

shadik,

if i have a setup on the 5 i enter on the 5

-------------------------- 15 i enter on 5 or 15
-------------------------- 30-4hr i enter on 5-15

post some charts of your trades and what you are saying so i can see



Pro,

most likely not going to come into 2% club---- i don't want to get into having to explain a lot of stuff when i am trying to trade--- trading up to 5 different pairs at times--on all time frames is almost too much for me and having to explain in real time would be too much

i may at a later date though

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es/pip
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Postby es/pip » Tue Mar 24, 2009 4:30 pm

only had half positions on these two-- on phone yada yada yada--- didnt get the rest on


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depending on how this h1 bar closes i will be watching this on the euro


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MightyOne
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Postby MightyOne » Tue Mar 24, 2009 4:55 pm

es/pip wrote:only had half positions on these two-- on phone yada yada yada--- didnt get the rest on


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depending on how this h1 bar closes i will be watching this on the euro


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Nice trading es /pip :!:

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TheRumpledOne
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Postby TheRumpledOne » Tue Mar 24, 2009 5:17 pm

es/pip wrote:shadik,

if i have a setup on the 5 i enter on the 5

-------------------------- 15 i enter on 5 or 15
-------------------------- 30-4hr i enter on 5-15

post some charts of your trades and what you are saying so i can see



Pro,

most likely not going to come into 2% club---- i don't want to get into having to explain a lot of stuff when i am trying to trade--- trading up to 5 different pairs at times--on all time frames is almost too much for me and having to explain in real time would be too much

i may at a later date though



You don't have to explain anything... just give a head's up every now and then if you can.

Usually about 5 minutes before the hour, some of use tell what we see as potential setups.
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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