I don't trade the box, price moves out of the box.
I only wait for that to happen.
Never Lose Again
Moderator: moderators
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15564
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
First ZL trade...painful for wating but so far so good
First ZL trade
Painful waiting in asian market
now wating for the next setup
Painful waiting in asian market
now wating for the next setup
No need to find trends
Just Surfing the Waves
Just Surfing the Waves
currently in this eurusd short.. redline is emergency stop..green is the target
had +20 profit let it turn into a small loss, failed to see that there were traders to be Zl'd higher up and an increase in 1h momentum. this is tough
had +20 profit let it turn into a small loss, failed to see that there were traders to be Zl'd higher up and an increase in 1h momentum. this is tough
- Attachments
-
- eu2.jpg (218.44 KiB) Viewed 3746 times
Last edited by spa on Thu Sep 24, 2009 10:06 am, edited 1 time in total.
-
- rank: 150+ posts
- Posts: 395
- Joined: Thu Nov 27, 2008 2:56 pm
- Reputation: 6
- Location: UK
- Gender:
I did catch the GU =]
Es/pip,
remember I was busting about catching the EURJPY big reversal short?
well, i didnt =] happened in the middle of the night in europe =[
BUT, caught the same move on GU instead =]
To me it becomes more and more evident that the most powerful Zline is at the edge of MOzone (50% of body) + BREAK-OUT.
My sell was spot-on.... its amazing.....
but apart from bragging, I chickened out early with 38 pips
Es/pip,
remember I was busting about catching the EURJPY big reversal short?
well, i didnt =] happened in the middle of the night in europe =[
BUT, caught the same move on GU instead =]
To me it becomes more and more evident that the most powerful Zline is at the edge of MOzone (50% of body) + BREAK-OUT.
My sell was spot-on.... its amazing.....
but apart from bragging, I chickened out early with 38 pips
- Attachments
-
- gu perfect trade.gif (10.83 KiB) Viewed 3654 times
-
- gu h1 same thing.gif (12.1 KiB) Viewed 3654 times
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
-
- rank: 150+ posts
- Posts: 395
- Joined: Thu Nov 27, 2008 2:56 pm
- Reputation: 6
- Location: UK
- Gender:
2 more things
1) I was foolish enough to put long limits in front of huge momentum where I assumed it will rebounce (thius small loss)
2) it DID rebounce, with a 24 pips max profit.... Look at H4 chart above.
see the 2 lines in the middle of the huge momo down?
there was a profitable rebounce spot on the edge of Mozone =]
Here's a M5 Chart.... Had an ambitious 30 pips TP, and paid for it.
This loss only strenghtens my .... faith.... confidence in MOzones.
My sole enemies remain fear and lack of patience to enter the best trades ONLY.
1) I was foolish enough to put long limits in front of huge momentum where I assumed it will rebounce (thius small loss)
2) it DID rebounce, with a 24 pips max profit.... Look at H4 chart above.
see the 2 lines in the middle of the huge momo down?
there was a profitable rebounce spot on the edge of Mozone =]
Here's a M5 Chart.... Had an ambitious 30 pips TP, and paid for it.
This loss only strenghtens my .... faith.... confidence in MOzones.
My sole enemies remain fear and lack of patience to enter the best trades ONLY.
- Attachments
-
- gu m5 mo power.gif (8.97 KiB) Viewed 3648 times
Fxtraveller wrote:2 more things
1) I was foolish enough to put long limits in front of huge momentum where I assumed it will rebounce (thius small loss)
2) it DID rebounce, with a 24 pips max profit.... Look at H4 chart above.
see the 2 lines in the middle of the huge momo down?
there was a profitable rebounce spot on the edge of Mozone =]
Here's a M5 Chart.... Had an ambitious 30 pips TP, and paid for it.
This loss only strenghtens my .... faith.... confidence in MOzones.
My sole enemies remain fear and lack of patience to enter the best trades ONLY.
yeah u dont want to step in front of momo like it had
without a body in direction of profit at least somewhere that is a risky one
Bend over and assume the position for another 4 years of hope and change.
- ***FX-JEDI***
- rank: 150+ posts
- Posts: 159
- Joined: Tue Jun 09, 2009 10:48 am
- Reputation: 10
- Location: Newcastle
- Gender:
Fxtraveller wrote:I did catch the GU =]
Es/pip,
remember I was busting about catching the EURJPY big reversal short?
well, i didnt =] happened in the middle of the night in europe =[
BUT, caught the same move on GU instead =]
To me it becomes more and more evident that the most powerful Zline is at the edge of MOzone (50% of body) + BREAK-OUT.
My sell was spot-on.... its amazing.....
but apart from bragging, I chickened out early with 38 pips
Nice Entry FXtraveller.
I got GBP/USD too..bit early tho, failed to take heed of that bullish momo at yesterdays low, the 50% retracement would of been better.
Let fibs show you when to exit. tho saying that I got out at the 127 ext as I show in pics, so only got 40 pips plus last nite took 32 so still ok, but more room for improvement...
I'm starting to love this when KR days, momo, & fibs all come together..
- Attachments
-
- Screenshot - 24_09_2009 , 8_59_00 PM.png (162.94 KiB) Viewed 3604 times
Its better to be out of the market wishing you were in,
then being in the market wishing you were out.....
then being in the market wishing you were out.....
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.