jahjahblessed wrote:I'M GONNA TRY THIS
Nice try, but your perception of true market speed is a bit off...ok a lot off :wink
No matter how violent the chart looks price is actually much much...much much much slower than it appears:
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jahjahblessed wrote:I'M GONNA TRY THIS
MightyOne wrote:razorboy wrote:Momo bar - bar with shaven head and bottom (tiny wicks)?MightyOne wrote:My father always said,"son if you want to learn a thing or two then you have to know a little less."
I never said that the connected bars were momo
I did say however that you either trade short beyond the momentum bar or wait for it to retrace to the MZ before trading short on a smaller TF.
prochargedmopar wrote:MightyOne wrote:razorboy wrote:Momo bar - bar with shaven head and bottom (tiny wicks)?MightyOne wrote:My father always said,"son if you want to learn a thing or two then you have to know a little less."
I never said that the connected bars were momo
I did say however that you either trade short beyond the momentum bar or wait for it to retrace to the MZ before trading short on a smaller TF.
So now we have a "no trade zone" added to the mix.
You are saying we trade long above this zone if the momo bar was long. Right?
Also, for it to be a true ZL trade it must wick the "Mighty Zone"?
Then, and only then would we get to ride through the no trade zone?
What I'm seeing a lot of times is that the momo bar closes and price never comes back into either the NTZ or the MZ area's, Just keeps on going.
What to do?
I've got to get profitable soon because I'm starting to erk the Grand Master of the House.
You guys make this look so easy and I can see these trades big time. I even see the mistakes that are posted and would never have taken those trades personally. Execution during oscillation is the kicker for me. Maybe I need to concentrate on the closed bar more. Maybe I the target?
Thanks
procharged.
prochargedmopar wrote:Yes Sir,
I was thinking we were to ride the wick OUT from the MightyZone when it crossed the Z-line. That means I would be taking trades directly in the "no trade zone" on an opposite colored candle.
Hmmmmmmm. Less risk/More push.
Keeps the stop MUCH smaller to boot.
Interesting.
So what is it that helped you so much by being with TRO?
What type of info has boosted you from 10% to the moon?
Thanks