Never Lose Again
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- TheRumpledOne
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- razorboy
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up here in Canada..........we call the ZED lines............
two big momentum bars up - the over lap created z line or Z zone - price "wicked into the zone" - went long - price closed well off its open - out at that open level of the bear bar i went in on.
Any comments or suggestions Did I wait for enough wicks to form?
Also, I had a sl @ the low end of the Z zone -
Any comments or suggestions Did I wait for enough wicks to form?
Also, I had a sl @ the low end of the Z zone -
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- gbpjpy z line 2.gif (22.4 KiB) Viewed 3640 times
- razorboy
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Quick Question
What was your SL level on this if you dont mind me asking
es/pip wrote:only trade so far for me
was sleeping when this setup and it would have been nice
Re: up here in Canada..........we call the ZED lines........
razorboy wrote:two big momentum bars up - the over lap created z line or Z zone - price "wicked into the zone" - went long - price closed well off its open - out at that open level of the bear bar i went in on.
Any comments or suggestions Did I wait for enough wicks to form?
Also, I had a sl @ the low end of the Z zone -
the way i see it and this may be incorrect
technically speaking that was not a true zl/mz bec the bar was not 2x the previous bar--------------but i do see held profit and then it wicked it so i wouldn't say that it was nec. wrong
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- razorboy
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Was I taking............
too many liberties with this Z zone? too Big? not enough wicks?
Still having trouble setting targets somedays
thanks
Josh
Still having trouble setting targets somedays
thanks
Josh
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- gbpjpy z line 3.gif (21.24 KiB) Viewed 3619 times
Re: Was I taking............
razorboy wrote:too many liberties with this Z zone? too Big? not enough wicks?
Still having trouble setting targets somedays
thanks
Josh
i would have my z zone as 0-50% of the 2x bar------ but it looks like you are seeing it
nice
edit--- also be sure you are aware that--- that one did not happen on bars that were back to back--- so you trade away from the area
Last edited by es/pip on Tue Mar 31, 2009 3:53 pm, edited 1 time in total.
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