Never Lose Again

[monolisa]

Thanks retireme.

Looks like the "smart money" like to buy more That reversal didn't last long after supply exhausted.

2nd GBPJPY MZ trade.



Lis

[***FX-JEDI***]

last nites trades

loving trading & loving Daily KR day!!

got 213.38 pips in 2 nites.

I'm trading what I see, still hesitant in placing trades, but getting better, lol I hate losing...

Still mainly Trade in the direction of Daily & Hr only, but sometimes do go against this when i'm pretty confident of what market may do.

I use fibs as you can see in my charts, plus Key Reversal Days, & now use them on smaller timeframes. hardly look at anything smaller then HR timeframe, unless I'm looking for a KR candle or some type of candle formation in the direction I want to trade.
I'm aware of the 00, 25, 50 ,75 levels & like to trade from one whole number to the next, but I don't always stay in...lol.

I must say to MightyOne thanks, I use to trade & be up like 60, 80, 100+ pips & think ah yeah just a little more, then profit would either disappear really fast or slowly drain away, then I would get out with a small profit or break even, now I know why glad to be on the other end now.

Regards ***FX-JEDI***

[monolisa]

Today's 3rd GBPJPY (half) MZ trade.



Lis

[Patch]

FX-JEDI

Great day of trading.

What is a KR day? Monolisa mentioned this above as well and got me wondering, now I am double wondering. -Patch

[monolisa]

Patch,

I think my reversal, which is a generic term for retracement after a down/up turn, is different from Anakin's KR day concept.

BTW, GBPJPY has been going up and down like a yo-yo. Today's 4th MZ trade.



Lis

[tradepar]

Lis,

You start with H4 chart with blubbb's indicator and then when you see the price coming close to MZ, you change the TF to M15 and enter.
or
you have blubbb's indicator loaded more than once on the same chart?
or
different chart with different TF with the indi.

I know it is individual's choice but I would appreciate if you would share it.


Thanks

[monolisa]

tradepar,

I load H4, H1 and M15 MZ indi on a M15 chart. Make sure you choose different colour set for each tf or else you would be confused

Lis

[spa]

GBPUSD touched the daily ZL and moved lower..now entering an 1 h MZ for a short entry... this is how i see it.
second scenario is that this a move zeroing out some of the longs that failed to take their profits of the table

[Patch]

monolisa
Congrats again!!
You are kicking pips right through the field goal posts (USA football you know). I am wow'ed. Thanks for posting your charts and please keep doing so
Patch

[es/pip]

Nice trade, es.

Lis

that was fun

could have been a lot more fun-----tried to get short after the announcement on the ej at the h1 zl it was moving so fast i offered a couple times but kept missing it when it was pulling back in. Then had a chance at it and chickened out then tried to chase it and missed it again------ went right down to the other h1 zl target--- where i played them long from

just couldn't get in the short side--

back at ya

nice trading