Never Lose Again

[marypipins]

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

[PTG]

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

I wonder who caused that..

Nah, not really.

[ajaymein]

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.







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.

[cfabian]

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.

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

[marypipins]

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

[es/pip]

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.

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

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

[PTG]

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

[Humble]

es/pip,
Thank you very much for all your trade charts and notes on your thought process.

+1. Pity there isn't a way to bookmark (or save) individual posts.

[marypipins]

I agree....but it was hard just sitting still and watching those goofs who knew nothing about the thread or Tro take their potshots.. I had to go off on mastergunner99 because I just can't stand hypocricy.. I should have shutup and just bit the bullet.. Wishing everyone well here.. Lisa

[prochargedmopar]

with ya

thats pretty cool the way you figured that out with the fibs and the intersection

ive said it before---- you come up with some unreal stuff--- its nuts

Isnt' that mushroom top pattern a sign of no suport from the "smart Money".??

At least that's what it says in mastering the markets......