ONLY 984 TO GO!?
j/k
Never Lose Again
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- Braathen
- rank: 500+ posts
- Posts: 615
- Joined: Mon Jul 20, 2009 6:21 pm
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Woot another one bites the dust..
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
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.
Here is my analysis chart. Same picture but without the colored zones so they can't distract me.
And here is my final M5 entry exit chart.
105 pips in less then two hours. It still keeps amazing me, lol
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.
Here is my analysis chart. Same picture but without the colored zones so they can't distract me.
And here is my final M5 entry exit chart.
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!
Two options: you either lose or win!
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 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
Bend over and assume the position for another 4 years of hope and change.
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