Never Lose Again

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Wed Mar 25, 2009 12:34 am

dragon33,
If the three lines are your entries, Then it looks like you went -pips on all three trades before going into profit.
Yes?

These are the first z-line pics you've posted that leave me baffled. I'm seriously confused by these.

Your first line/candle is only half the size of the previous green candle? #1 is a double size bear.
Your second entry appears to be late, Wouldn't #2 be a candle that got wicked/zeroed?
The 3rd trade seems to be another dark cloud cover and not an engulfing pattern and the trend there seems to be up when you went short. The #3 would seem more appropriate. No?

Please, please, explain.
Procharged.
Image
#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

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
es/pip
rank: 1000+ posts
rank: 1000+ posts
Posts: 2898
Joined: Wed Jan 21, 2009 9:28 pm
Reputation: 0
Gender: None specified

Postby es/pip » Wed Mar 25, 2009 12:47 am

pro,

i am not offended i was just being a smart @ss :D



on your 2nd chart

where your actual reference point is(zl) --is where the held profit is from

the mighty zone is 50% of the 2x bar

this is how i would mark it

Image

your 3rd chart

the first box is an iffy situation bec you have increased momo into your MZ
if you are going to trade it you trade away from support in this case

your 2nd box is the money trade

your 4th chart

your analysis is correct in what you were looking for. remember any line in the MZ is a zline. i mark mine where i perceive the held profit is being held from

where is the held profit from?


how i view it

Image


i said do your analysis on a 30 min chart-----lol here is mine

Image

User avatar
es/pip
rank: 1000+ posts
rank: 1000+ posts
Posts: 2898
Joined: Wed Jan 21, 2009 9:28 pm
Reputation: 0
Gender: None specified

Postby es/pip » Wed Mar 25, 2009 12:52 am

pierre23 wrote:Ok I'm giving it another crack myself. MO or Es/pip can you please check this and see if I had it on par. I determined the original target line as soon as I placed the trade (1-2-3 step setups are usually very powerful.. as you can see it worked once again). Now this is what I saw, but never exited at that point. I got out with -0.9 because I was silly with the trade. BUT do I have the right idea?

Also how do you determine your tp - is it candle setups or support/resistance or a closing of a candle in the opposite direction?

Green box = Zone
Blue line = ZL
Short at price tag.

Disregard the arrows, its just the Super Signal indicator

Image


trade looks correct but your MZ i am not sure that is in the right place

redraw your MZ and attach it to the bar you are basing it off of

again i do this a little different from MO and Dragon

edit---------i set my targets where the next area of held profit is and if PA turns on me i get out where ever i can.

Humble
rank: 500+ posts
rank: 500+ posts
Posts: 576
Joined: Fri Mar 20, 2009 10:29 am
Reputation: 0
Gender: Male

Postby Humble » Wed Mar 25, 2009 12:57 am

Close in direction of profit, wick in direction of loss.

When does a wick disqualify a momentum bar?
Is price closing higher or lower than something? Simple yet powerful question. ..MO

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Wed Mar 25, 2009 1:02 am

Looky here ;)
Do we have an H1 zero line setting up for the next hr???
Ride the wick baby.
Well, I'm going to lift weights and then go to work. I will be looking for these tomorrow in the 2% club.

Looks like I may have found my pipage.
I will also call them out as I see them too.
Well, can't use the mic yet but he'll still let me type.
lol
procharged.
Image
#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

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Wed Mar 25, 2009 1:15 am

BTW,
It only wicked it by 5 pips and then has dropped 50 so far....Broke the #3 level sema at .42 which means the breakout alone would have netted 20 pips. I'm with you guys on getting the whole enchilada. Much more better, hehehe
:evil:
#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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Wed Mar 25, 2009 1:17 am

SEE IT?
Image
#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

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11440
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Wed Mar 25, 2009 1:28 am

Image

"the mighty zone is 50% of the 2x bar "

How do those mighty zone lines look?
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.

User avatar
es/pip
rank: 1000+ posts
rank: 1000+ posts
Posts: 2898
Joined: Wed Jan 21, 2009 9:28 pm
Reputation: 0
Gender: None specified

Postby es/pip » Wed Mar 25, 2009 1:41 am

TheRumpledOne wrote:Image

"the mighty zone is 50% of the 2x bar "

How do those mighty zone lines look?



they are 50% to 0% of the 2x bar body-----but again you do not just trade a MZ just bec it is a MZ


so if you have a bar with a body of 10 pips and then you have the next bar with a body of at least 20 you can create a MZ off the +20 bar

Image

deeforex
rank: 50+ posts
rank: 50+ posts
Posts: 99
Joined: Tue Oct 31, 2006 5:46 pm
Reputation: 0
Gender: None specified

Postby deeforex » Wed Mar 25, 2009 1:47 am

I think it would be great to get a dashboard that lets you know which pair, which TF has a bar that is 2x the previous bar :)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”