Never Lose Again

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prochargedmopar
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Postby prochargedmopar » Wed Jun 24, 2009 1:53 am

MightyOne wrote:I have been practicing with horizontal lines

1. Make pips

2. Lay down

3. TRO_TopOfHourAlarm goes *BEEP* like on oven and it is time to make pips again :shock:

My goal with the horizontal lines is to average 15 pips per hour.

Image

That is why you don't set take profit orders!


I think I'm going to start looking at the 10 line entries again. I've kinda got side tract on the other patterns and sup/res. If I use those as the final decision for the trade but use the 10 line as the trigger It may work better. Back to the refference point for price movement.... You know, the volitility and momentum thing that you say is so important.
Last edited by prochargedmopar on Wed Jun 24, 2009 2:03 am, edited 1 time in total.
#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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MightyOne
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Postby MightyOne » Wed Jun 24, 2009 1:56 am

Tools ---> options ---> charts tab ---> set "max bars on chart" to 6 ---> close and re open MT4 ;)

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Postby pierre23 » Wed Jun 24, 2009 2:22 am

monolisa wrote:Hi MO (or anyone who can help),

How do you shift the candle chart to the far left like the one you have here? I use the "Chart shift" function but it can only shift about 1/4 towards the left.

Thanks.

Lis


When you have chart shift on, drag the little arrow to the left. If you can't see the arrow change your colour scheme

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edit: oh mo already answered :)

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prochargedmopar
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Postby prochargedmopar » Wed Jun 24, 2009 3:28 pm

Trade This!

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#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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Postby zapzinig » Wed Jun 24, 2009 5:13 pm

+70 pips for the day. Set this trade up and left it to finish itself.
--ZZ
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finally

Postby maestro007 » Wed Jun 24, 2009 9:51 pm

Finally I have gone through this whole thread (453 pages)... Took me forever and a day, but boy am I glad i have done it. Not sure I took it all in as I was so desperate to get to the end...

Thanks to everyone who has contributed... The experienced sharing there knowledge and the youngsters trying to grasp what is being shared and asking the questions everyone else wanted to ask but was afraid too..

Going to get some of those free indi's no squigs for me, and start draining those banks... (well fake banks for the next week or two, until my broadband is up and running...)

Anyone been using Meta trader with MB, seems to be live now, downloaded the demo... Don't like it though, as it seems to be set in US time zone.. and has weird gaps all over the place... :(


M007

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Postby dragon33 » Wed Jun 24, 2009 10:32 pm

zapzinig wrote:+70 pips for the day. Set this trade up and left it to finish itself.
--ZZ
Image

Nice trading!!!

Same trade for me today. I only use the semafor and try to trade from three to another number.
Mo did a good job. Nice to see other people are making nice profits doing the zerothingy.

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Re: finally

Postby Shinobi-X » Thu Jun 25, 2009 12:08 am

maestro007 wrote:Anyone been using Meta trader with MB, seems to be live now, downloaded the demo... Don't like it though, as it seems to be set in US time zone.. and has weird gaps all over the place... :(


M007


yes, I noticed MBT MT4 chart has been weird for the last couple of days. I don't know if this only happens to demo chart (I don't have live account there yet, still sticking with Alpari UK for live account). It looked something like this...
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mbt mt4 spike 02.gif
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The gap between reality and dream is called action.

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monolisa
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Postby monolisa » Thu Jun 25, 2009 12:19 am

Just sharing my thinking...

See attached GBPUSD chart. Price came down nicely on the candle marked "18". Usually a reversal followed, and indeed it did (bull candle marked "19"). Again expecting a reversal and it happened again (bear candle marked "20"). Expecting a reversal the next candle did go up and hit the "imaginary" zline (the purple dotted line). It was wicked and everyone who played the BO trade on the last candle got zero out there. Now it's time to short. The next few candles have little momentum and eventually the price settled at another zline @ 1.6367.

1 short trade from 1.6588 to 1.6500 and 1 short trade from 1.6530 to 1.6367

MO your comment is appreciated.

Thanks

Lis
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dragon33
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Postby dragon33 » Thu Jun 25, 2009 2:21 am

monolisa wrote:Just sharing my thinking...

See attached GBPUSD chart. Price came down nicely on the candle marked "18". Usually a reversal followed, and indeed it did (bull candle marked "19"). Again expecting a reversal and it happened again (bear candle marked "20"). Expecting a reversal the next candle did go up and hit the "imaginary" zline (the purple dotted line). It was wicked and everyone who played the BO trade on the last candle got zero out there. Now it's time to short. The next few candles have little momentum and eventually the price settled at another zline @ 1.6367.

1 short trade from 1.6588 to 1.6500 and 1 short trade from 1.6530 to 1.6367

MO your comment is appreciated.

Thanks

Lis


Nice trading Lis.

Great job to be patient like that. The entry is fine by me. Very close to the resistance area. What means you have used a small SL!
Same for the second entry. No further comment needed here. Perfect entry's and exits. Well done Lis

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