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es/pip
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Postby es/pip » Tue Jul 21, 2009 1:37 am

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prochargedmopar
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Postby prochargedmopar » Tue Jul 21, 2009 1:54 am

es/pip wrote:Image


es/pip

Thx for the reply.
Makes sense.

This trade of yours here is "classic".

I see this all the time and know some day I will be able to act upon it like I visualize in my mind.
#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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es/pip
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Postby es/pip » Tue Jul 21, 2009 7:04 pm

MightyOne wrote:Yes, only instead of watching a specific time frame the time and magnitude of the period is based on the event and not decided by the trader.

It is Mighty Zones 202

es/pip wrote:i look for the trade

i understand what---or what i think--- the market is saying based on my chart examples.----dont I?---lol



Is your chart representing the same concept as a mighty zone trade?

MightyOne wrote:What do you do when a candle enters the Mighty Zone?

Do you still not know what the market is trying to tell you?

es/pip wrote:
MightyOne wrote:I don't know what will happen to the market if I release all of my trading secrets.
Imagine the little guys breaking the banks like Russians rising against communism...

I am humble

No, really I am :lol:

Image

Several candles show the way

They are but three

2/3 truth and 1/3 lie


well what i see-- and it is not much---

but

visual looking at it in a spacial intellect type of way

the first two boxes-- candles-- have a certain width( time wise) which is equally to all three. the first two boxes have completed, and the 3rd box---time wise-- has not completed yet--------when you are watching the 3rd box in real time---------------------

so...............

the first two boxes that have completed are the 2/3rd's truth and the unfinished box is the 1/3 lie

not sure what that tells me or anyone else----

what does that tell you?

or is what i said even what you are trying to get across?



going back to the 3 candles MZ 202---- 2/3rds truth 1/3 lie





i have been looking this over for some time now

when you say this [quote="MightyOne"]Yes, only instead of watching a specific time frame the time and magnitude of the period is based on the event and not decided by the trader.

that quote has a direct link to this statement below (most importantly time and mag. of the period is based on the event)

"The highest high and lowest low of a single candle...which came last?
A candle could have closed green having last made a lower low and you need to know that. "

the above, is saying that is how u r basing where to look for the time and magnitude to start and end

correct? or out in left field?

can u post another chart showing what you are saying

Why are there 3 candles that show the way and not just 2?

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Postby zapzinig » Tue Jul 21, 2009 7:34 pm

Some trades for the last 2 days

--zz

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Postby es/pip » Tue Jul 21, 2009 8:36 pm

pretty much missed the whole sell off---- caught a little in the pound

then played some bounces back up--- ended up being a pretty good day

ping pong






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Image

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ely37
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Postby ely37 » Tue Jul 21, 2009 9:13 pm

Here's a screenshot of my 3rd attempt on ZL after screwing up royally on the first two which ended up in profit had i timed it correctly on entry and staying in. Anyway, that's the past and so here goes. 1st arrow is entry and 2nd arrow is exit. There was about a 15 pip drawdown. Please critique...


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Postby es/pip » Tue Jul 21, 2009 9:50 pm

ely37 wrote:Here's a screenshot of my 3rd attempt on ZL after screwing up royally on the first two which ended up in profit had i timed it correctly on entry and staying in. Anyway, that's the past and so here goes. 1st arrow is entry and 2nd arrow is exit. There was about a 15 pip drawdown. Please critique...




it looks ok to me if we are seeing the same thing

draw lines on your chart of where u have the zlines that made you make your decisions

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Postby prochargedmopar » Tue Jul 21, 2009 9:52 pm

What's to critique?
Looks great to me.

Must be nice to take a 3hr. ride.
Excellent

EDIT:

On second look, The candle that you are pointing at with the arrow is not a momo candle.
It's a hammer. hehehehe

In this case I'd say the big boys are buying into strength. LOL

If you entered on the wick of the #2 candle after the momo bar your good.
The #1 bar would be a good ride still.
The #0 bar is just starting to form.


Entering on the bar after a hammer could get a little dicy as they usually test the hammers wick pretty deeply.

Just my observations.
May be all wrong.

What do you guys think?
Last edited by prochargedmopar on Tue Jul 21, 2009 10:16 pm, 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

ely37
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Postby ely37 » Tue Jul 21, 2009 10:00 pm

es/pip wrote:
ely37 wrote:Here's a screenshot of my 3rd attempt on ZL after screwing up royally on the first two which ended up in profit had i timed it correctly on entry and staying in. Anyway, that's the past and so here goes. 1st arrow is entry and 2nd arrow is exit. There was about a 15 pip drawdown. Please critique...




it looks ok to me if we are seeing the same thing

draw lines on your chart of where u have the zlines that made you make your decisions



I'm looking at the top gray line as the z-line.


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es/pip
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Postby es/pip » Tue Jul 21, 2009 10:07 pm

ely37 wrote:
es/pip wrote:
ely37 wrote:Here's a screenshot of my 3rd attempt on ZL after screwing up royally on the first two which ended up in profit had i timed it correctly on entry and staying in. Anyway, that's the past and so here goes. 1st arrow is entry and 2nd arrow is exit. There was about a 15 pip drawdown. Please critique...




it looks ok to me if we are seeing the same thing

draw lines on your chart of where u have the zlines that made you make your decisions



I'm looking at the top gray line as the z-line.



i agree with the exit----just trying to see what you see


what were you looking at to make you want to go long?

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