Never Lose Again

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
monolisa
rank: 150+ posts
rank: 150+ posts
Posts: 351
Joined: Fri Jun 12, 2009 11:38 am
Reputation: 0
Location: All Quiet on the Western Front
Gender: None specified

Postby monolisa » Fri Aug 07, 2009 4:32 pm

Playing around with trendlines and angles. Try to understand MO 202. I think I have failed :(

Image

Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 6014
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 1632
Gender: Male

Postby MightyOne » Fri Aug 07, 2009 5:50 pm

monolisa wrote:Playing around with trendlines and angles. Try to understand MO 202. I think I have failed :(

Image

Lis


The TL by angle tool is constantly changing its own values even when you do not move the chart.
Angles are constructed using a trend line as they adjust to changing scales and stay at the location that you placed them.

Use the perfect square method to construct the angles.

Yes, the angles will change and the square will become a rectangle...

Just learn to draw the thing for now :lol:

The squares drawn side by side are for getting the down angles and have nothing to do with prediction so draw the boxes off to the side some where.

You will be selecting line lines and holding CTRL to copy and drag the lines onto the chart and then using SHIFT to extend or shorten the lines.

User avatar
cfabian
rank: 150+ posts
rank: 150+ posts
Posts: 466
Joined: Tue Nov 04, 2008 3:37 pm
Reputation: 0
Gender: Male

Postby cfabian » Fri Aug 07, 2009 6:15 pm

Excellent Dragon, excellent....

A simple question here.... what stopped you from entering short 1 or 2 pink candles before the one you are signaling?

I was aiming for that same trade, but entered 2 pink candles before you (the one with more momentum), was in profit about +20 but price came back and got stopped out on that long wick on the following blue candle.

It will be interesting your opinion on this particular point (just don't tell me "because I was sleeping" LOL).

Cheers



dragon33 wrote:Here is the foto how i managed to gain a tremendos income just by waiting a few days.

Image

User avatar
marypipins
rank: <50 posts
rank: <50 posts
Posts: 45
Joined: Mon Oct 27, 2008 12:45 am
Reputation: 0
Location: ohio
Real name: lisa
Gender: Female

Postby marypipins » Fri Aug 07, 2009 7:20 pm

OMG..they closed the Babypips thread..What a joke..

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 664
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 47
Gender: Male
Contact:

Postby PTG » Fri Aug 07, 2009 7:42 pm

marypipins wrote:OMG..they closed the Babypips thread..What a joke..


I wonder who caused that.. :lol:

Nah, not really. :smt002
This is my new signature: "new signature".

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
ajaymein
rank: 500+ posts
rank: 500+ posts
Posts: 885
Joined: Sun Nov 09, 2008 6:34 am
Reputation: 0
Gender: None specified

Postby ajaymein » Fri Aug 07, 2009 8:01 pm

Hello everyone! Since the past few months, I have moved away from trading lower time frames and I rarely every look at anything lower then 4hr charts anymore...I am liking it a lot!

However, I wanted to make a post because recently, I have been looking at a ZL method on the Daily charts that has been looking good. Look at the charts below for some nice recent hits.

Image

Image

Image

If you go back and look, you can see many more of the same occurrences. What I really like about them is that you can keep the SL fairly small compared to the gains if you put your SL a few pips below/above the 1st candle.

User avatar
cfabian
rank: 150+ posts
rank: 150+ posts
Posts: 466
Joined: Tue Nov 04, 2008 3:37 pm
Reputation: 0
Gender: Male

Postby cfabian » Fri Aug 07, 2009 9:46 pm

How you manage your stops/losses?

What´s your hard stop on all cases?

I didn't take that trade for same reason... specially as I'm having hard time to manage my stops and losses.


es/pip wrote:wasn't thrilled the way the h1 bar closed------ so i averaged into it

and

it was obvious that they were targeting the held profit on the 4hr

so i just rode it down with them



Image

User avatar
marypipins
rank: <50 posts
rank: <50 posts
Posts: 45
Joined: Mon Oct 27, 2008 12:45 am
Reputation: 0
Location: ohio
Real name: lisa
Gender: Female

Postby marypipins » Fri Aug 07, 2009 10:05 pm

PTG

Hey..I was the last one to post.. I hope I wasn't the last straw to break the camels back.. sorry Tro if that was the case..
Lisa

User avatar
es/pip
rank: 1000+ posts
rank: 1000+ posts
Posts: 2898
Joined: Wed Jan 21, 2009 9:28 pm
Reputation: 2
Gender: None specified

Postby es/pip » Fri Aug 07, 2009 10:47 pm

cfabian wrote:How you manage your stops/losses?

What´s your hard stop on all cases?

I didn't take that trade for same reason... specially as I'm having hard time to manage my stops and losses.


es/pip wrote:wasn't thrilled the way the h1 bar closed------ so i averaged into it

and

it was obvious that they were targeting the held profit on the 4hr

so i just rode it down with them



Image



right now hard stop is 20 pips

when a 5 min bar closes against me i do 1 of the following

1. exit then
2. try and get out at b/e
3. make a judgment call on how the 5 min bars are looking whether to stay in or not. if there is no 5 min momo and it closes against me sometimes i will stay in.

it is different every time

this is 1 of the reasons that zl/ mz is not a system or a method-------- it has some discretionary elements to it


what are u using for your hard stop?

are you watching the 5 min at all?

remember---------- zl/mz is not an entry trigger--- you dont just take it bec it is there
Bend over and assume the position for another 4 years of hope and change.

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 664
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 47
Gender: Male
Contact:

Postby PTG » Fri Aug 07, 2009 10:59 pm

marypipins wrote:PTG

Hey..I was the last one to post.. I hope I wasn't the last straw to break the camels back.. sorry Tro if that was the case..
Lisa


I suspected that... I posted the ones about property rights..

This would have happened anyway if you ask me. It was only a matter of time.

People who are actually looking for 'something' will find their way here eventually. We did that too, didn't we !

Let's be happy this site is in existance. I know I am.

Time to move on I suppose :roll: :wink:
This is my new signature: "new signature".

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”