yep I took them from you hope you don't mind that I'm taking an example form the best ones here's my actual workspace so I can see things better.
Never Lose Again
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- brettnchrism
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brettnchrism wrote:Hope eveybody got some pips today. I didn't get to trade helping family with yard sale.
Hoping Sept will be a better month at least for me......
i hope people are with the way some of these setup today--- ill post a couple charts later
Bend over and assume the position for another 4 years of hope and change.
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dragon33 wrote: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
Yes., surely. But es/pip suggest if price is going down, do not blindly buy. because some momo are so great the zero lines are ripped through.
Price reaches Zline, price wicks, body closes.
Then?
Just open a buy? wait until price reverses by a few pips? go on smaller TF and wait till price breaks Open/high/low of previous candle?
Regards.
FxT.
Fxtraveller wrote:dragon33 wrote: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
Yes., surely. But es/pip suggest if price is going down, do not blindly buy. because some momo are so great the zero lines are ripped through.
Price reaches Zline, price wicks, body closes.
Then?
Just open a buy? wait until price reverses by a few pips? go on smaller TF and wait till price breaks Open/high/low of previous candle?
Regards.
FxT.
i was saying or i meant to say---- that just bec u have a zl it is not an entry signal------- if the market is going down into zl and everyone is killing the bid i am not going to just step in front of it. I look inside to see what the different areas look like and then either place my bids or wait to look at the PA and make a decision-----
this why it is discretionary and not a system.
what you need to do is
1. understand the concept
2. then determine an entry signal that suits you when you get in your area or at your zl.
i honestly do it differently every time, it just depends on what is happening on the inside on that particular trade
Bend over and assume the position for another 4 years of hope and change.
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May I ask some advice?
A) are the zlines/zones identified correctly by blue boxes 1 and 2?
B) in both cases profit could have been made from pullbacks marked by arrows .
Where to enter?
case 1: buy when reaches its? thats going against some momo. dont we need to wait for the closed body?
if yes, price wicks zline, H1 closes. Open a buy straight away? or wait for the price to move, perhaps ho to a smoller timeframe?
case2: after a bull candle zeroes out sellers, next (last) candle is of high momo. until price actually goes down, we dont know here it will go.
So the point of all of this- what is (are) the best triggers to enter trade when trading zlines?
A) are the zlines/zones identified correctly by blue boxes 1 and 2?
B) in both cases profit could have been made from pullbacks marked by arrows .
Where to enter?
case 1: buy when reaches its? thats going against some momo. dont we need to wait for the closed body?
if yes, price wicks zline, H1 closes. Open a buy straight away? or wait for the price to move, perhaps ho to a smoller timeframe?
case2: after a bull candle zeroes out sellers, next (last) candle is of high momo. until price actually goes down, we dont know here it will go.
So the point of all of this- what is (are) the best triggers to enter trade when trading zlines?
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