Never Lose Again

[dragon33]

OMG !

Target 2 missed by 2 pips. But im guessing this would be the case if I was not trading with a fixed spread broker =]

Looking forward to further opportunities.

Es, pip: my apologies, but 1 thing just wont go through my skull....

what do you mean by:

"a true zl trade happens on consecutive bars----- so i am more willing to just get in on those. "

Could you PLEASE post a pic with comments and arrows showing what you mean.
I guess that I cant but overlook the obvious, but it keeps escaping me.

Regards.

Lol i had the same problem in the past. Most of the times i give myself an edge of 5 pips.

[es/pip]

when it forms on bars that follow each other, back to back bars, consecutive bars.

hmm...aren't we risking in this case price exhaustion ?
what I mean is that if we wait for pullback on second MO we will have much lower profit area to take ?

i was just giving an example of it happening on consecutive bars

[Patch]

Lukx

On your 4.52am post above, Did you enter short on the little yellow box on your M15 chart? It looks like you entered when the bar was blue or long, so I think you were going against the Mighty BANK Tide. I think you maybe putting too much importance on the Z things and making the bar size of the entry bars - M15 secondary. If the bar isn't the right size and direction or color, you are swimming against the tide and the ocean will always win, no matter what size ship we are in.

I am watching EURJPY H4-H1-M15 and doing my morning study right now.
Below is your bottom chart and the candle MOMO that I see along with a shot I took a few minutes ago of E-J chart I am working with.

Looking to the right of the London open, the market danced sideways a short time, then got ticked and we had a great MOMO drop, a short sidestep, then more drop. Note the size of the red bars, during the drop, they are getting shorter, maybe the drain end is beginning to approach. Gee then a 1Sema long shows up, then a 1Sema short appears and three reds. I wasn't here watching until 7am EDT, but I saw the 3Sema first appear, got pushed around down a bit, then took a firm stand.

Isn't it fun to watch price action moving around while keeping MOMO and bar size and color in the front of your mind and spying out where Z treasure is burried waiting to become your plunder???

Lukx, I was thinking this morning I would like to know when the H1 and H4 bars are closing out. I see you have that on the top left of your charts. How did you do that?

Locking Arms & Muskets Together

Patch
The MOMO Student

[lukx]

Jeff about the thing that shows bars closing it's bartimer indy I will attach it here so you can download it.
Regarding my enter on "long bar" when going short. Truth is so far this is the way I was doing it all this time. I just make sure what direction is main MOMO and enter on pullback candle that hits ZL. So usally the candle you enter the pullback is opposite color than MOMO right? But maybe I was doing this all this time wrong .

[gutek04]

I am watching EURJPY H4-H1-M15 and doing my morning study right now.

Hello Patch, by watching h4,h1 You mean watching MOMO candles or just coulour of the candle? Im asking because on Your's last screenshot i see only m15 MOMO's, and coulours of the candles on h1/h4. Is that all You need to trade? ZL line Short on m14 + h1 downtrending candle + h4 downtrending candle = SHORT position? Am I understand it right? Anyway, You have nice clean chart there, at last for me . Have a nice trades!

Oh, and by the way what number i have to write in Sema4 settings to change the looking circles for squares?

[Fxtraveller]

Es, pip
THanks, I understood the Zline on consecutive bars thing. Sometimes its best to see a pretty picture =]

[Fxtraveller]

3rd trade:

EU.

1) saw Bear momo

2) waited for retracement

3) Sold around the 2 breakout lines.

4) got out 1 with profit, the other at 00.

before price took off to the upside again. only 12 pips, could have gotten away with double, chickened out.

Need to assess PA without emotions and WAIT for price to move.

Cut my wins short and let my losses run. aaah, same old same old.


p.s.
es/pip and MO are right, the chaotic patterns start to make sense and become predictable.

[Fxtraveller]

Amazing....

I've put the target lines before all the PA on the chart happened, just to "have a go at it" and it turns out that...
prediction can be of surgical precision, +/- 5 pips

Targets 1,2 and MZ where missed by 3 pips at most though.
Target 3 wicked by 2 pips and reversed.

I have never been so precise in my "predictions". (though I guess everything before can be called now groundless guesstimation).


This is becoming thoroughly interesting.

FxT.

[lukx]

big drops today on EU and GU. I guess USA printed a bit of $$

[Patch]

Lukx

50 pips today !!! I don't know what you are doing but keep on doing it !!!
And thanks for the bar timer. One thing is sure, the market is different every day. I wonder who the USA is giving money to today. If the EU and GU are dropping that means the buck is getting stronger. The word must not have gotten out yet that the buck is worth less with every paper bill the US treasury prints.

gutek04

I am a MO gring-go, a rookie in his first month. I know the higher time frames are key to trade and momo development. MOMO is key to all trades placed. I am just beginning to learn and the past few days starting to see a few things. Also remember I am making comments and drawing arrows on completed charts and was not present to see all the bar formations as they grew to completing and what color the H4 and H1 were during the process. I hope some of the more experienced senior partners in the MO MOMO method would pick up and answer gutek04's questions.

The 3Sema indi is a modification of TRO?s that I like because I can see the tip of the candle it sets on. Foreman01 did the changes and I?ve PMed him asking about posting it. As you already know the Semafors are not part of MOMO trading. I include them because I want to watch and learn about their behavior.

And yes my chart has gotten cleaned up quite a bit since my first post-mess. This is thanks to the help of several people here on Kreslik, I couldn't figure out several things. Thanks All.

What are you using to set your target lines for the trades you are entering? Please expain.

Patch
The Gring-go