Never Lose Again

[monolisa]

Hmmm... interesting placement of MZ.... but at the end you win... so it works for you.

Good trading!!

Lis

[zapzinig]

My trades for today 54 pips.

I had a full stop today. Could have been avoided by checking H4. I made this same mistake 2 weeks ago. (entering on H1 before checking H4)

When I review the H1 chart from history, I base my trades off just the H1. I need to break this habit and in real-time remember to check higher time frames!

--zz

[es/pip]

trading should be redundant and boring

if it is really exciting------ your doing it wrong

i may scrap this whole momentum thing and start trading using a macd and stoch


from today












current trade

which way is the market going-----ok i will trade that way then


where is going to go?
--- not sure but i hope it goes to my line

You are a bad bad man cutting all those pips out of the market

thanks to what you have shown everyone

i am sure if i saw what you are taking out i would shoot whiskey and water out of my nose

What is water?

its this stuff i mix with a 3/4 glass of whiskey------ makes me feel better about drinking a 3/4 glass of whiskey i guess

[es/pip]

Trading from 8.9" netbook, what fun!!!
Makes it hard to scalp when you have fxcm, mt4, and skype running.....5-7 second hesitation is a lot when your banging out 1-3 pips......trust me though, it can be done as i've done it. Slippage is killer though.
This method will be much easier.

"banging out 1-3 pips"

yeah it is easier this way-----

you can make some money by scalping little jabs with no doubt------- but u also need to lean into a couple and knock their heads off as well

[prochargedmopar]

Trading from 8.9" netbook, what fun!!!
Makes it hard to scalp when you have fxcm, mt4, and skype running.....5-7 second hesitation is a lot when your banging out 1-3 pips......trust me though, it can be done as i've done it. Slippage is killer though.
This method will be much easier.

"banging out 1-3 pips"

yeah it is easier this way-----

you can make some money by scalping little jabs with no doubt------- but u also need to lean into a couple and knock their heads off as well

I'm working the heavy bag as we speak.


A public Thankyou to The MightyOne.
He has/is helping me (and all of us it appears) tremendously!!!!!!
Thankyou sir for your time and patience.
Pro

[es/pip]

calling it a day

[cfabian]

Zap,
your trades are coming off zeroed out area's but your not waiting for conformation of the momo candle to enter..........
Are you trading that area just as one would trade off sup/res??
Thanks

Confirmation??? When price hits the zline after momo that is my confirmation. I enter at the zline price. If the bar closes against me then I look to exit at a better price than my stop (30 pips), most times you can get out at break even. If the trade is going to work out you will know right away.(you will be in profit)

-zz

Buy at 1.6440?
The candle (wick) your pointing at with the arrow on it and the candles on either side are about the same size.........Where's the momo?

Your lines show what I would think represent a zeroed out state if you look to the left. It's like your taking the entry exactly at the point you feel others are "zeroed" and then trading away from it..........
Am I correct?
Thanks.

You are correct. Here is the chart that shows which candles I used for buy/sell momo

I have changed my charts to a format easier to print out and study.

Zap

I've posted an indicator here: http://kreslik.com/forums/viewtopic.php?p=22770#22770

It automatically places an arrow at the entry and exit points. Very helpful to keep track of your trades, and you don´t have to manually do so.

Hopefully Blubbb will do a modification to it for enhancement.

[nutz505]

Z-Line Trade on EJ today good for 23 pips.

es/pip you got in at a better price than I did on this one from this morning.

[monolisa]

It seems everyone has their own interpretation of the MZ. I think it doesn't hurt to play the momentum (instead of the correction) part if you know what you are doing and not being zeroed out.

Good trade, nutz!

Lis

[monolisa]

It seems everyone has their own interpretation of the MZ. I think it doesn't hurt to play the momentum (instead of the correction) part if you know what you are doing and not being zeroed out.

Good trade, nutz!

Lis