nope, only watching what price is doing now..
Sometimes i make big line:)
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- TheRumpledOne
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Re: up here in Canada..........we call the ZED lines........
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
- prochargedmopar
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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
Procharged
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
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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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Re: up here in Canada..........we call the ZED lines........
razorboy wrote:I figured that the combined size of the two bull bars was worth somethinges/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
- TheRumpledOne
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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...........
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:)
Shadik wrote:nope, only watching what price is doing now..
Sometimes i make big line:)
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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