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es/pip
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Postby es/pip » Thu Sep 10, 2009 8:59 pm

es/pip wrote:
bakaender wrote:I've been following this thread for about 6 months now and for most of that time have been trading simply horizontal lines at psychological points (.00, .25, .50, .75)

I Got to where I was making very small amounts, maybe 10 points each week, and decided I was clearly missing something only making that amount for the amount of work I was putting in.

So I decided to start reading this thread from the beginning with the intent of learning ZL's. I've only got through the first 300 pages over the last month, and finally decided it was time to try a trade and post it to see if I am seeing it correct or just got lucky.

Any comments are welcome. I'm mostly curious if I even placed the ZL in the right spot, or if it just worked out this time. Thanks.
Image




ehhhh

no, i dont think so.

1. Are you basing the zl off the m30 chart that is posted-- bec there is a zl in that area but it is inside that PA

2. are you #1's and 2's marking body in direction of profit and wick in direction of loss? I am ok with the first #1 but not the next 1 or 2.

you want to see held profit created by momo as the #1 the 2nd #1 shows no increase in momo

3. take this chart and place a zl where you think it should go

based on the bars numbered a b and c where does the zline go?

Image



lol ugghhhhh it is kind of

technically that is marking held profit by marking it as 1 and 2 the way you did--- i just wouldn't think to put it there without looking inside that 30 minute PA


mark the chart i posted so i can see what you see
Bend over and assume the position for another 4 years of hope and change.

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Postby bakaender » Thu Sep 10, 2009 9:13 pm

es/pip wrote:
es/pip wrote:
bakaender wrote:I've been following this thread for about 6 months now and for most of that time have been trading simply horizontal lines at psychological points (.00, .25, .50, .75)

I Got to where I was making very small amounts, maybe 10 points each week, and decided I was clearly missing something only making that amount for the amount of work I was putting in.

So I decided to start reading this thread from the beginning with the intent of learning ZL's. I've only got through the first 300 pages over the last month, and finally decided it was time to try a trade and post it to see if I am seeing it correct or just got lucky.

Any comments are welcome. I'm mostly curious if I even placed the ZL in the right spot, or if it just worked out this time. Thanks.
Image




ehhhh

no, i dont think so.

1. Are you basing the zl off the m30 chart that is posted-- bec there is a zl in that area but it is inside that PA

2. are you #1's and 2's marking body in direction of profit and wick in direction of loss? I am ok with the first #1 but not the next 1 or 2.

you want to see held profit created by momo as the #1 the 2nd #1 shows no increase in momo

3. take this chart and place a zl where you think it should go

based on the bars numbered a b and c where does the zline go?

Image



lol ugghhhhh it is kind of

technically that is marking held profit by marking it as 1 and 2 the way you did--- i just wouldn't think to put it there without looking inside that 30 minute PA


mark the chart i posted so i can see what you see


I added a blue line where I thought the ZL would be in my last post. Also I have only gotten through 300 pages so this is my understanding based on only that information, not sure if it has progressed since then. I just was thinking trying to read all 600 pages before posting anything might be to much to try and remember. If I need to finish it all before thinking about posting charts just let me know.

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es/pip
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Postby es/pip » Thu Sep 10, 2009 9:29 pm

bakaender wrote:
es/pip wrote:
bakaender wrote:I've been following this thread for about 6 months now and for most of that time have been trading simply horizontal lines at psychological points (.00, .25, .50, .75)

I Got to where I was making very small amounts, maybe 10 points each week, and decided I was clearly missing something only making that amount for the amount of work I was putting in.

So I decided to start reading this thread from the beginning with the intent of learning ZL's. I've only got through the first 300 pages over the last month, and finally decided it was time to try a trade and post it to see if I am seeing it correct or just got lucky.

Any comments are welcome. I'm mostly curious if I even placed the ZL in the right spot, or if it just worked out this time. Thanks.
Image




ehhhh

no, i dont think so.

1. Are you basing the zl off the m30 chart that is posted-- bec there is a zl in that area but it is inside that PA

2. are you #1's and 2's marking body in direction of profit and wick in direction of loss? I am ok with the first #1 but not the next 1 or 2.

you want to see held profit created by momo as the #1 the 2nd #1 shows no increase in momo

3. take this chart and place a zl where you think it should go

based on the bars numbered a b and c where does the zline go?

Image


1. I was basing the ZL off the chart posted. That is mostly what I am unclear about, is exactly where it would be placed.

2. Yes 1's and 2's for body in profit, wick in loss. I get what your saying about the 2nd 1 I placed.


I would place the ZL here:
Image




yes that is correct
Bend over and assume the position for another 4 years of hope and change.

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prochargedmopar
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Re: Better volume

Postby prochargedmopar » Thu Sep 10, 2009 10:23 pm

Rainman22 wrote:I used the better volume indicator for my entries on EU/JPY on the hourly chart. Basically waited for one or two red bars and I entered a reverse position. I did not lose a trade all day today and I am up over 50% today alone. I also did what Tro suggested about the daily or weekly high and entered a reverse position on EU/CAD when it was near the high on the weekly chart. Easy 40-50 pips. Good luck everyone!
Rainman222


I know someone who has tradeguider.
I checked the volume on fxcm mt4 with that of TG/E-signal.
The patterns matched PERFECTLY.
I looked at g/u and e/j.
3 different days using the m5/m15/and h1 time frames.

There are 2 other brokers that are the same, can't think of the names right now but many of them are waaaaaaay off.

I'll try to get the names of the other two when I get a chance.
Why pay $2000 for tg and $175 a month for feed.
DONT NEED IT.

Go with the free version.....LOL

EDIT!!.
Forex.com is the other "feed" that works out perfectly.
The actual volume of the bar is not what matters, it is their relationship to one another.

TRO's version only paints red climax bars where as the original version paints white when it is a climax down bar....
His has the added features though so I don't mind that at all. Climax is a climax no matter which way it's going.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Postby aliassmith » Thu Sep 10, 2009 11:06 pm

I made this pretty chart but it looks like ES/PIPS beat me to it :(
I'll post it anyways. I used 20 pips SL and it moved about 65 pips
so a 1Risk:3Reward.

Then there is an interesting thing that happened that I marked.
It was a breakout trade that returned to the breakout point. Not
to mention there was a nice MoMo candle a few candles back.

I see ES/PIPS was on top of it.
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es/pip
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Postby es/pip » Thu Sep 10, 2009 11:25 pm

aliassmith wrote:I made this pretty chart but it looks like ES/PIPS beat me to it :(
I'll post it anyways. I used 20 pips SL and it moved about 65 pips
so a 1Risk:3Reward.

Then there is an interesting thing that happened that I marked.
It was a breakout trade that returned to the breakout point. Not
to mention there was a nice MoMo candle a few candles back.

I see ES/PIPS was on top of it.


not allowed to use the frown icon in the same post as a positive trade chart



i think its a rule or something :D

j/k


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

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Postby es/pip » Thu Sep 10, 2009 11:36 pm

anyone surprised we rallied off these levels in the euro this week and last week

Image

interesting on the es daily

we going down or up--- oops still going up

wish i would have noticed this earlier i would have bought some calls or something---too busy with the forex

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

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Postby prochargedmopar » Fri Sep 11, 2009 1:17 am

How volume works for me.

Look at the high volume down h1 candle to left

See the climax high bar on m5?
See the highchurn spinning tops on m5?

I went long at 50ish.
EUR/JPY 3 B 133.509 133.533 2.4 0.79 0.00 9/10/2009 20:32 9/10/2009 20:35


Only held for a couple pips but my entries are getting better and better.
Works on ALL time frames!!!!!!

If you want to take wick rides or get in on corrections early and accurately......This stuff works over and over and over and over.

Some day I will trust myself enough to hold the trades that I take to my targets.

Just so happens there was a m5 momo long too, just a few pips later "signal" than with volume.......hehehe


Image
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My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Postby prochargedmopar » Fri Sep 11, 2009 1:22 am

BTW, If I will use the volume as my exit by holding trades until I see a reversal......I would be able to bank maximum pips per entry.....

Could be in direction of momo/ direction of correction/ or even the reversal from big moves in market......

Some day!!!!!!
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Postby prochargedmopar » Fri Sep 11, 2009 1:26 am

Hmmmmm,
See price rising on low volume?
See churn bar?
See price drop????

pretty simple,
As soon as you see a low volume up bar you look for an exit.
Then see price drop on rising volume.
Then see price reverse on higher and higher volume.
then churn bar ect, ect.....Easy pips.


Image
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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