Never Lose Again

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Braathen
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sorry bout this!

Postby Braathen » Thu Oct 01, 2009 5:47 am

ONLY 984 TO GO!?

j/k

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Braathen
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Woot another one bites the dust..

Postby Braathen » Thu Oct 01, 2009 5:58 am

Flicked over to the ej while playing the GU and saw this happening so i just had to try it out and while i type i just exited at 07 :) :)

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dragon33
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Postby dragon33 » Thu Oct 01, 2009 9:43 am

So here i am again. Still reading what you guys are posting etc.
I had some bizzy times with other stuff but here is my trading from today.

Red horizontal line is H4 target. Don't know if we will reach it at once but we probably will hit the line.

Image

Here is my analysis chart. Same picture but without the colored zones so they can't distract me.

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And here is my final M5 entry exit chart.

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105 pips in less then two hours. It still keeps amazing me, lol
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

spa
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Postby spa » Thu Oct 01, 2009 10:12 am

excelent dragon.. your approach to the Zl/MZ works extremely good..
here is my attempt today at a long eurusd.. missed the initial short after price wicked the 4h MZ and after i saw a 1 H ZL attempted a long
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es/pip
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Postby es/pip » Thu Oct 01, 2009 12:43 pm

spa wrote:excelent dragon.. your approach to the Zl/MZ works extremely good..
here is my attempt today at a long eurusd.. missed the initial short after price wicked the 4h MZ and after i saw a 1 H ZL attempted a long


i wouldn't say that was incorrect

but it was a riskier trade, i hope you got out with a small loss when it offered it

just notice the size of the h1 down momo bar you were buying into coupled with the h4 down momo


then knowing what is in the background be looking for a reason to get back in short, bec the correct play was off the h4 momo
Bend over and assume the position for another 4 years of hope and change.

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spa
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Postby spa » Thu Oct 01, 2009 1:00 pm

figured since it formed a h1 up momo(albeit smaller than the previous down one) and zeroed it out, the next logical move was a push towards the profits holders above .. i took a 14 pip hit on half of position

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es/pip
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Postby es/pip » Thu Oct 01, 2009 1:11 pm

spa wrote:figured since it formed a h1 up momo(albeit smaller than the previous down one) and zeroed it out, the next logical move was a push towards the profits holders above .. i took a 14 pip hit on half of position



in theory that would be correct--- that's why i was saying it wasn't 100% wrong

but that is what the h1 was saying

the h4 was saying the opposite

higher time frames are always weighted more in decisions

basically the h1 bars formed that way fooling the traders on the h1 while the h4 was showing the way
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Bend over and assume the position for another 4 years of hope and change.

spa
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Postby spa » Thu Oct 01, 2009 1:40 pm

same scenario(as far as i can see) is about to happen again..

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es/pip
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Postby es/pip » Thu Oct 01, 2009 2:00 pm

spa wrote:same scenario(as far as i can see) is about to happen again..



yeah but this time you are not back into a h4 down momo and we just ran the stops on the h4 and the daily

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

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es/pip
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Postby es/pip » Thu Oct 01, 2009 2:02 pm

anything can happen but i would have been more willing on that one than the previous one
Bend over and assume the position for another 4 years of hope and change.

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