Never Lose Again

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dragon33
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Postby dragon33 » Thu Oct 15, 2009 10:17 am

forgot to take picture but reentered after the strong pullback.

Image

Here is the M15 to show how easy it is. Always the same over and over again. What i have learned from MO is just crazy. I made a 50% gain in just two days using 1/3 of my normal lotsize because it was my first weekly trade. If i had used the same lotsize as always i would have gained almost 200%. I am probablu out too soon 1.6263 is a good turningpoint from the daily.

Image
Last edited by dragon33 on Thu Oct 15, 2009 10:31 am, edited 1 time in total.
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

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dragon33
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Postby dragon33 » Thu Oct 15, 2009 10:26 am

lukx wrote:
dragon33 wrote:
Braathen wrote:Btw dragon.. u still in that long or did u close it? :) :)


I closed with 284 pips and i have another long open and that one is good for 264 at the time of this writing. Again based from the weekly chart


Dragon is there any chance you can in future give us signal for such a 200pip trade :) I would love to recover from 5000$ losses in few such big pip trades and just stop trading this damn forex.


No there isn't because i don't know in front when that is gowing to happen!
I do have some taughts about it but i'm just i guy like you.
My head is full of ideas all learned from TRO and MO and others all tried with succes and errors but that is just trading.

This weekly thing is just amazing but it is not always good for such big runs.
Try to mark the body opens or closes from the weekly chart and the switch to lower tmf and jus trade the horizontal line. Get out on previous high. Just try it. Less trades but all are good ones
Trading is like cycling, first you need to learn how.

Two options: you either lose or win!

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lukx
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Postby lukx » Thu Oct 15, 2009 10:27 am

Fxtraveller wrote:Lukx, if u Like, here is a good Sell zone, where u

1)should not enter blindly

2) search for an opportunity to enter


I will surely be trading it, these big opportunities dont come about often =]


Thank you Fx, but this is good example why I got lost...
You said get ready for short but we already have huge, fresh momo up. Should be wait for pullback and take long instead of using old momo from past for taking short?

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pablo101
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Postby pablo101 » Thu Oct 15, 2009 10:53 am

lukx wrote:
Fxtraveller wrote:Lukx, if u Like, here is a good Sell zone, where u

1)should not enter blindly

2) search for an opportunity to enter


I will surely be trading it, these big opportunities dont come about often =]


Thank you Fx, but this is good example why I got lost...
You said get ready for short but we already have huge, fresh momo up. Should be wait for pullback and take long instead of using old momo from past for taking short?


Just keep simple Lukx
Last edited by pablo101 on Tue May 04, 2010 8:59 am, edited 1 time in total.

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lukx
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Postby lukx » Thu Oct 15, 2009 10:58 am

Dragon, ok let's say I'm taking hose two weeks in blue square:
Image

I got yellow line from last week close. How do I know if I should trade this line short or long?

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lukx
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Postby lukx » Thu Oct 15, 2009 11:08 am

pablo my bars looks a bit different but anyway (probably broker difference-Alpari))

4h:

Image

1h:

Image

30m:

Image

15m:

Image

5m:

Image

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pablo101
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Postby pablo101 » Thu Oct 15, 2009 11:14 am

Thank you Lukx, sorry my bad, the charts with the blubbb zline indi if you have it. The MZ is confusing so I wouldn't need it
WAS A YALE STUDENT. Now? Let's see!

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Postby es/pip » Thu Oct 15, 2009 11:22 am

Braathen wrote:So another death in the family yesterday :( Gotta do funural arrangments etc today.. so i just wanted to get my 20 pips before i had to run of.. and i got em :) Thanks again MO for all the triangle and price speed (degrees) etc :) been very helpfull

bought long at weak close resting above my triangle.

Image


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

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lukx
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Postby lukx » Thu Oct 15, 2009 11:30 am

5m:
Image

15m:
Image

30m:
Image

1h:
Image

4h:
Image

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dragon33
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Postby dragon33 » Thu Oct 15, 2009 11:51 am

lukx wrote:Dragon, ok let's say I'm taking hose two weeks in blue square:
Image

I got yellow line from last week close. How do I know if I should trade this line short or long?


Image
Last edited by dragon33 on Thu Oct 15, 2009 12:02 pm, edited 1 time in total.
Trading is like cycling, first you need to learn how.

Two options: you either lose or win!

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