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***FX-JEDI***
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Working on trading 3's converging with Fib levels

Postby ***FX-JEDI*** » Tue Jun 16, 2009 12:14 pm

Hi all,

Working on an idea of trading the 3 semafor when it converges with fib levels.
details in pics.
I start off on daily, find daily direction, then go down to Hr time frame.
then could go down even more time frames.
once you find daily & hr time frame direction, & where price may bounce makes scalping a bit easier. & less chance of getting burnt...
I don't use any MA's etc, Squiggly's as TRO likes to call them
Cheers Tim
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MightyOne
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Postby MightyOne » Tue Jun 16, 2009 4:05 pm

And I can find that where?

blubbb wrote:My Blubbb_PsychAlert does this (only the nearest psych lines; and reads the pip distance out aloud so you can trade blind *g*).

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Postby inzider » Tue Jun 16, 2009 6:49 pm

MightyOne wrote:And I can find that where?

blubbb wrote:My Blubbb_PsychAlert does this (only the nearest psych lines; and reads the pip distance out aloud so you can trade blind *g*).


THE question! I also look for it.

Nah MO your ain't mean at all, just fealing cheap asking you that bunch of question while you being so generous.

What about the 3LZZ dashboard, donational?!? How much is needed to get all the indic link to this ''ZL Methode" TRO?!?

And while being here, any tax report for MBT? I'm from canada.

Thx all!
WB: "Risk comes from not knowing what you're doing."

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Hey look............

Postby razorboy » Tue Jun 16, 2009 7:24 pm

i pulled 200 pips out of my ass.............just like that.........all thanks to volume


Image
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!

http://thejoshkerbelproject.com/

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Postby razorboy » Tue Jun 16, 2009 7:35 pm

having said that.........that experience is the difference between profit and frustation :)

MightyOne wrote:There are only 5 angles that are accurate to within 5 degrees, but it would take a trip to Cabo to explain how you draw them :roll:

Price uses the: 15-30-45-60-75 degree angles on my charts, but they could be 5 degrees sharper or flat and that is where experience comes in.

Image
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

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Postby monolisa » Wed Jun 17, 2009 7:29 am

Hi,

I have been reading about zero line in the early part of this thread, and would like to ask for your opinion regarding the follow trade (see chart below).

Lower horizontal line (magenta) = H1/M5 zl
Upper horizontal line (orange) = M5 zl

My trading was to short at a level close to the upper horizontal line (notice the wicked down bar) toward the lower one.

My questons are:
1. Am I drawing the zl correctly?
2. Is it possible to get a better price (eg. in the shaded oval area) other than the one near the upper horizontal line? If so what are the signs one should look for?



Thanks in advance.

Lis

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Postby blubbb » Wed Jun 17, 2009 10:38 am

@MO
In case you haven't found my thread with my indicators yet, here it is:
http://kreslik.com/forums/viewtopic.php?t=1885

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monolisa
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Postby monolisa » Wed Jun 17, 2009 11:50 am

Great work, Manta. Thanks for sharing.

I hope I understand what your trade's about. I am still on page 200 of this thread, after reading it from the beginning again.

Looking forward to more charts and MO's comments.

Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

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TheRumpledOne
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Postby TheRumpledOne » Wed Jun 17, 2009 2:27 pm

Image

I am adding S/R lines to the 3 Level ZZ Semafor.
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 » Wed Jun 17, 2009 3:20 pm

Any line that runs through the "Mighty Zone" is a correctly drawn zero line.
There is almost always a better price to be had :lol:

The line on the bottom is a support trade not a zero line trade.

Image

monolisa wrote:Hi,

I have been reading about zero line in the early part of this thread, and would like to ask for your opinion regarding the follow trade (see chart below).

Lower horizontal line (magenta) = H1/M5 zl
Upper horizontal line (orange) = M5 zl

My trading was to short at a level close to the upper horizontal line (notice the wicked down bar) toward the lower one.

My questons are:
1. Am I drawing the zl correctly?
2. Is it possible to get a better price (eg. in the shaded oval area) other than the one near the upper horizontal line? If so what are the signs one should look for?



Thanks in advance.

Lis

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