Never Lose Again

[prochargedmopar]

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.

[es/pip]

pro,

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



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



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




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

[es/pip]

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

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]

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

When does a wick disqualify a momentum bar?

[prochargedmopar]

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.

[prochargedmopar]

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

[prochargedmopar]

SEE IT?

[TheRumpledOne]

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

How do those mighty zone lines look?

[es/pip]

"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

[deeforex]

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