es/pip wrote:jeezzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
ok
hard drive crashed on my internet computer last night--so couldn't post till now just got done throwing another one in it----pain in the ___
have a trading machine and internet machine--- never surf the internet on the trading machine, only use t for charting and execution
when MO was saying it happened to him in the past week or so i thought to myself----self you should backup some of the stuff that you haven't, just in case. Of course i put it off and then BLAM--- its gone-----lol
dragon and his 386 pip trade
i got a lot of it but not that much of it------ lol
cfabian ---
wanted to point out 1 thing on that trade you made on the short----- i can see that you see everything now its just a matter of putting things together
not sure if you already realized this or not
On the h1 chart we now have momo down so now we can look to possibly make a short trade.
----- MZ in blue
------ Zl of held profit in red
------ where you got short in white-- chart is misleading it was on the bear candles bottom not on the next zl of PA--see 5 min chart
notice
on the h1 chart you got short on the bottom of the h1 momo--- while on the 5 min it looked like a good trade--- but being aware of where you are on the h1 bar should tell you its not as good as it looks on the 5
then
price comes back into the MZ/ZL---zeroing out the h1 short holders
5 min gives 3 chances to get on it up in that zone area--
first one would have been small loss or be and 2nd two would be gtg
looking at the h1 as the macro picture you can see----after the fact---but still---- why they wanted to take it back up into those traders that were holding profits, before the real move happened
and also the dbl bottom that formed on the 5 min right before you got short--- just look for those things as well
i was in it twice---- 1 at be and still in the 2nd trade right now