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zapzinig
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Postby zapzinig » Thu Jul 16, 2009 3:06 pm

+53 pips today

One trade I exited at B/E because of resistance on D1 at 1.6450 sell ZLine now S/R. I did not like the way the bars were forming at the H1 zlines.

I eliminated the risk by closing my position and will wait for a better trade.

--ZZ

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MightyOne
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Postby MightyOne » Thu Jul 16, 2009 6:33 pm

Buy low sell high :roll: 50% could be first target ;)

If price breaks the red line then adjust upwards and if price breaks the blue line adjust downwards.

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razorboy
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The formula for profit

Postby razorboy » Thu Jul 16, 2009 6:52 pm

I think MO posted something like this a while back

This has been working pretty well for me on the 5 minute chart


X+2 = Two bars in the future
X+1 = One bar in the future
X=bar that just closed
X-1= previous bar
X-2 = 2 bars previous

If X > ATR for Time Frame and X >2x(X-1) and X>2x(x-2)
Enter in same direction that X closes at high of X plus 5 pips (within Bars X+1 and X+2)

TP 100 or so pips..........
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!

http://thejoshkerbelproject.com/

rumbaut
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Zero Line indicator

Postby rumbaut » Thu Jul 16, 2009 6:55 pm

Hello es/pip

I am new in the forex and i was checking your posts , i understood the method but i need the indicators that you use as the template to work with Zero Lines.

Could you help me with that?

rumbaut@hotmail.com
skype: jose.rumbaut

Thanks
Jose

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razorboy
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Re: Zero Line indicator

Postby razorboy » Thu Jul 16, 2009 7:08 pm

oh no.............................


rumbaut wrote:Hello es/pip

I am new in the forex and i was checking your posts , i understood the method but i need the indicators that you use as the template to work with Zero Lines.

Could you help me with that?

rumbaut@hotmail.com
skype: jose.rumbaut

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



http://thejoshkerbelproject.com/

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cfabian
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Postby cfabian » Thu Jul 16, 2009 10:42 pm

es/pip, as what I see on your charts you only trade with higher time frame trend/bias... is this correct or just happened to be on these particular trades?

If you do, you base your bias on any particular TF?

Thanks



es/pip wrote:nice trades from everyone

calling it an early day


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pierre23
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Postby pierre23 » Fri Jul 17, 2009 12:22 am

pierre23 wrote:Let's see how this one goes

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Didn't quite hit. +38% ROI, not complaining.

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es/pip
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Re: Zero Line indicator

Postby es/pip » Fri Jul 17, 2009 1:23 am

rumbaut wrote:Hello es/pip

I am new in the forex and i was checking your posts , i understood the method but i need the indicators that you use as the template to work with Zero Lines.

Could you help me with that?

rumbaut@hotmail.com
skype: jose.rumbaut

Thanks
Jose




sigh

:roll:

not sure how you cant see that i just use the chart



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es/pip
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Postby es/pip » Fri Jul 17, 2009 1:32 am

cfabian wrote:es/pip, as what I see on your charts you only trade with higher time frame trend/bias... is this correct or just happened to be on these particular trades?

If you do, you base your bias on any particular TF?

Thanks



es/pip wrote:nice trades from everyone

calling it an early day


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i dont really trade with a bias per say. I flip thru different time frames and see where we are based on who just got zl'ed and where the chart looks to be going. Then i look for held profit/ momentum and trade accordingly.

If i see something on the 15 min,30m or whatever i tend to just trade that after checking where we are, where we came from and where we are most likely going.

what traders just got zlined?

look for momentum

get in

zero out the next group

repeat

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es/pip
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Postby es/pip » Fri Jul 17, 2009 1:36 am

pierre23 wrote:
pierre23 wrote:Let's see how this one goes

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Didn't quite hit. +38% ROI, not complaining.

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well i don't think u are allowed to complain about that large of a ROI anyway----- it's a rule i think :D

2% a day buys all the toys u could ever want

nice trade

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