Never Lose Again

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pablo101
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Postby pablo101 » Thu Aug 13, 2009 7:44 am

Thank Patch, you're a star :)

I was beginning to think I was blind or something searching for that button. Thanks again.
What line? The line that tells you which way you are trading! - MO

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pablo101
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Postby pablo101 » Thu Aug 13, 2009 7:45 am

Thank Patch, you're a star :)

I was beginning to think I was blind or something searching for that button. Thanks again.
What line? The line that tells you which way you are trading! - MO

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Postby retireme » Thu Aug 13, 2009 8:00 am

Brilliant Lis

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monolisa
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Postby monolisa » Thu Aug 13, 2009 9:48 am

Thanks retireme.

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

2nd GBPJPY MZ trade.

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

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***FX-JEDI***
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Postby ***FX-JEDI*** » Thu Aug 13, 2009 9:59 am

last nites trades :D

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 :wink: glad to be on the other end now.

Regards ***FX-JEDI***
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Its better to be out of the market wishing you were in,
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monolisa
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Postby monolisa » Thu Aug 13, 2009 12:28 pm

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

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

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Patch
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Postby Patch » Thu Aug 13, 2009 1:39 pm

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
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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monolisa
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Postby monolisa » Thu Aug 13, 2009 1:59 pm

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.

Image

Lis
Last edited by monolisa on Thu Aug 13, 2009 2:11 pm, edited 2 times in total.
"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

tradepar
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Postby tradepar » Thu Aug 13, 2009 2:03 pm

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

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monolisa
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Postby monolisa » Thu Aug 13, 2009 2:15 pm

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
"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

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