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Fxtraveller
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Postby Fxtraveller » Fri Aug 28, 2009 11:12 am

Can see the white line. But Would (did?) you enter at the momo candle or the following which wicked the Open/bottom of the momo candle?

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lukx
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Postby lukx » Fri Aug 28, 2009 11:13 am

Thanks Patch for your support and pushing me! ;).
Dragon don't see based on what you came up with this white line?

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Patch
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Postby Patch » Fri Aug 28, 2009 11:37 am

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
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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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PTG
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Postby PTG » Fri Aug 28, 2009 11:51 am

@Patch & lukx:

Not much time right now, but I suggest you look at the smaller timeframes and then tell what you see. Hint: look at the position of the white line on the smaller TF.
This is my new signature: "new signature".

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dragon33
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Postby dragon33 » Fri Aug 28, 2009 11:55 am

Fxtraveller wrote:Can see the white line. But Would (did?) you enter at the momo candle or the following which wicked the Open/bottom of the momo candle?


You don't trade the breakout with zerolines!!!
You take the pullback

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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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