Never Lose Again

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Shadik
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Postby Shadik » Tue Mar 31, 2009 3:49 pm

nope, only watching what price is doing now..

Sometimes i make big line:)

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Last edited by Shadik on Tue Mar 31, 2009 3:53 pm, edited 1 time in total.

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TheRumpledOne
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Postby TheRumpledOne » Tue Mar 31, 2009 3:51 pm

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Short at 10

Cover at 99

DRAIN THE BANKS!
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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MightyOne
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Postby MightyOne » Tue Mar 31, 2009 3:51 pm

I have about 6.5% profit on the EURUSD that you guys can trade for.

Do it for the bragging rights :roll:

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razorboy
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Re: up here in Canada..........we call the ZED lines........

Postby razorboy » Tue Mar 31, 2009 3:52 pm

I figured that the combined size of the two bull bars was worth something :)

es/pip wrote:
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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prochargedmopar
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Postby prochargedmopar » Tue Mar 31, 2009 3:52 pm

MightyOne, please see the last post on this page by me.
http://kreslik.com/forums/viewtopic.php?p=16876#16876

I think that sitting through 2 days of consolidation did teach me something about the market.
#1.
If you are at the computer and you see a breakout from consolidation, TAKE THE RIDE.

Also,
#2.
It might have been best for me to drop down to a M1 chart from the H1/M15/M5 combo chart that I was using. Could have done plenty of scalping using the M5 as my "trend".
Thought of #2 just now as I was typing and thinking how I could have made pips in consolidation anyway!!!!!

TRO was on my butt big time today in the 2% club. He said I need to pick something.
Use his DTB.
Use MP's Squiggly's,
Or Use M.O.'s Z-lines.

He also said to quit flopping around like a fish out of water.
I will admit, DTB sure did sound good with all the pips he was banking. He stayed busy "reeling" them in. LOL :twisted:
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

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es/pip
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Postby es/pip » Tue Mar 31, 2009 3:59 pm

MightyOne wrote:I have about 6.5% profit on the EURUSD that you guys can trade for.

Do it for the bragging rights :roll:

Image


i am hoping that that turns into 25% profit for you since i am short as well :D :D :D :D

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es/pip
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Re: up here in Canada..........we call the ZED lines........

Postby es/pip » Tue Mar 31, 2009 4:01 pm

razorboy wrote:I figured that the combined size of the two bull bars was worth something :)

es/pip wrote:
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


with ya :D

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TheRumpledOne
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Postby TheRumpledOne » Tue Mar 31, 2009 4:05 pm

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LONG TRADE 05 AVG OUT AT 10

NO MERCY!!

DRAIN THE BANKS!!

NEVER LOSE AGAIN!!
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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razorboy
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Postby razorboy » Tue Mar 31, 2009 4:07 pm

Going long on something like that is like asking for a kick in the groin...........please sir, can I have another.

I bought myself a protective cup after a while :)

Seriously, no upside momentum in that series...........

Shadik wrote:nope, only watching what price is doing now..

Sometimes i make big line:)

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es/pip
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Postby es/pip » Tue Mar 31, 2009 4:08 pm

Shadik wrote:nope, only watching what price is doing now..

Sometimes i make big line:)

Image


1. u have decreasing momo on the up bars

2. you have increasing down momo on the bar you entered on

3. too many bars in between--- followed by no wick

4. after you did enter and a 5 min bar closed against you you should have exited then or tried to get out at b/e--which u could have done

and or flipped short on the next bar

but that long trade should not have happened

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