PTG wrote:here is your official dutch translation:
dragon33 wrote:cfabian wrote:dragon33 wrote:On both above charts the first sign gives you direction. Now you to read the trend in the H4 trend. Doing that i use the H1 as basic chart.
In this picture you can see a lot of information the first entry was given by the H4 zero. Use the lines of previous run up as targets. When you start trading this way use always the first target you can see to exit full or a part of your position. Search for new entry's to the next target and so on untill you see the next sign from reversal on H1. While doing that mark your new lines on the run down because you need them running up. Those line are not drawn otherwise you want understand anything of it. There is some dutch text in the picture lol. if you don't understand it ask for translation or try to translate yourself.
I hope you guys do understand the importance of using multiple tmf's! Mo sees it a lot bigger then i do but that's everybodys choice of working yourself to the direction you want!
It was a good explanation Dragon, thanks.
I was wondering how did you change the calendar anouncements position? Ive tried to do so but the shift code does nothing (at least on the version I have), and my programing skills are not that good to amend the code.
Here is a screenshot of what you need to change. What is in the black circle is what you are looking for!
cfabian wrote:Ironic how it is "imposible" to trade ZL with trending markets like today's. Idealy you want markets like this for long rides, but not to ZL.
I tried entering a trade last night to ZL friday's profits on EURUSD, and GBPUSD, which worth +150 each, but ended up nailed due the continuation of the move.
MO, es/pip, dragon, ZZ, and all, As there's no reference point to the long side to ZL, you just wait for the price to slow, and show reverse indications (1H or 4H momentum) to short, or you actually trade the trend based on breakouts or else?