Never Lose Again

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dragon33
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Postby dragon33 » Fri Aug 28, 2009 12:07 pm

Patch wrote:Lukx-Dragon33-Fxtraveller

Below is where I figure profits are being held onto by the H4 traders.

dragon33-What is the white line-entry line based on? I am getting brief glimpses and flashes of seeing. Always start by seeing where the profit it on the big time frame, in this case H4, then look at the next lower frame, H1 and see where the held money is for the H1 traders. How far back should I look on the H4 frame?

Fxtraveller-Are you referring to the 3rd pink H1 candle, counting from right to left?

Lukx-What are you basing the yellow ZL on?

Next time I will mark the lower time frame momo candle(s).

Patch
In VA


The first entry label is half of candle. A mightyzone starts from the opening till half of the momo candle. If price pullback to the label you can on smaller tmf if price ands there or not. If not try to get in as low as possible for better price and more pips in the runup. If price close against you on the smaller tmf you exit before your initial SL!!!

How far should i look back?

As far as there is held profit. Only you need to pauze your trade sometimes. Every momo of previous runup or down is valid to exit and reenter when there is no sign (momo other direction on the biggest tmf) of reversal!

The yellow zl is based on the half of the custom candle (aqua box up)

Next time i will mark the smaller momo up!

That is something you always need to do but some of the marks you need to see them without drawing them. Momo start on small tmf like M5.
3 M5 candle up is one momo M15. 4 M15 candle could be 2 up 1 down and again up but after all it is an H1 momo bar which has paused after 30 min and you could have one chance to get in on the pullback. Read and reread this untill you get it.

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lukx
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Postby lukx » Fri Aug 28, 2009 12:25 pm

I assume there isn't any indicatopr around that would work like mcandles one but will automatically show bars at one time frame up? So I don;t have to switch settings or have multi windows open?

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dragon33
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Postby dragon33 » Fri Aug 28, 2009 12:39 pm

lukx wrote:I assume there isn't any indicatopr around that would work like mcandles one but will automatically show bars at one time frame up? So I don;t have to switch settings or have multi windows open?


You can load mcandle a few times or combine with customcandle

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es/pip
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Postby es/pip » Fri Aug 28, 2009 12:50 pm

lukx wrote:
es/pip wrote:just be aware that a true zl happens on consecutive bars--- other wise you trade away from the area


I don't quite get it... can you drop quick screenshot , pretty please :)


bars that follow each other-- ie consecutive bars

Image

if the MZ wasn't hit and on the proceeding bar then it would be treated as a s/r area and you trade away from it
Bend over and assume the position for another 4 years of hope and change.

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es/pip
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Postby es/pip » Fri Aug 28, 2009 1:03 pm

hitting on what dragon is saying--- same thing different chart

someone who doesn't understand what the hell we are talking about
post a chart of

why my white line is where it is inside the MZ


this why i say i look inside to see what is going on

this is why dragon says-- he looks inside to get a better price

Image
Bend over and assume the position for another 4 years of hope and change.

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es/pip
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Postby es/pip » Fri Aug 28, 2009 1:07 pm

es/pip wrote:hitting on what dragon is saying--- same thing different chart

someone who doesn't understand what the hell we are talking about
post a chart of

why my white line is where it is inside the MZ


this why i say i look inside to see what is going on

this is why dragon says-- he looks inside to get a better price

Image



and do it again

Image
Bend over and assume the position for another 4 years of hope and change.

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lukx
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Postby lukx » Fri Aug 28, 2009 1:08 pm

My last trade for this week:

after the price moved above entry by 20 pips I moved SL to breakeven.
Image

Ok I could get better price but anyway even with tight Sl I got it :)

TP I set for 40 pips. After 20 pips + I moved SL to breakeven + 8 pips and got it :)
Outcome:


Basically I did 3 trades today and all 3 were spot on.
I've made 10% :)Image

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es/pip
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Postby es/pip » Fri Aug 28, 2009 1:14 pm

lukx wrote:My last trade for this week:

after the price moved above entry by 20 pips I moved SL to breakeven.
Image

Ok I could get better price but anyway even with tight Sl I got it :)

TP I set for 40 pips. After 20 pips + I moved SL to breakeven + 8 pips and got it :)
Outcome:


Basically I did 3 trades today and all 3 were spot on.
I've made 10% :)Image



see what happens when you change your signature to something positive :D

your attitude is no longer ass backwards----

now

dont get all crazy and up your $ per pip and blow your account

take it slow and learn to process what you are now able to see

and SLOWLY move your size up
Bend over and assume the position for another 4 years of hope and change.

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lukx
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Postby lukx » Fri Aug 28, 2009 1:38 pm

Yes Sir ! Right now it's all about seeing it !

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dragon33
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Postby dragon33 » Fri Aug 28, 2009 2:39 pm

lukx wrote:Yes Sir ! Right now it's all about seeing it !


Watch the frames in the frames! You are doing fine. Well done

Start small (oh yeah you had $50) and build it slow.

If you feel confident after 100 trades then we talk again. Keep posting :P

I'm really happy you know

By the way nice charts you have, wher did i see them before :evil:

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