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es/pip
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Postby es/pip » Mon Oct 19, 2009 7:24 pm

Azuremaster wrote:Great charts as always es/pip.
About your GU trade today-IMO it was a bit risky, buy right at previous high?
And I still can not understand, why you shorted EJ - is it up on higher timeframes, or no?

Today I traded the euro on demo.

1st chart: double top and H4 MZ

Image

2nd chart: H1 MZ

Image

3rd chart: Price hits H1 and H4 MZ. M5 entries. 3 losers here, unfortunately.

Image


To es/pip and dragon: sorry for the late answer to your posts. I know that I am not entering right at zline. This is too scary for me, I need some little confirmation that price has turned at zl. Should I try limit orders? Cos if I enter manually, sometimes I do not have time to set a stop if price goes quickly through my entry for a large amount of pips.
Thanks.



pound------------ it had large increase in momo on m15 into the high so i played off that--- with the momo increasing into the pivot/high it tells me good chance it goes further


ej------------ was into a H&S on h1 chart---- i just traded away from that area based on smaller time frame momo--- just scalps based on the momo---


you need to pick entries that work for you---- you are getting in too late the way you are doing it now


edit------------

pound also was coming out of a h1 mz
Bend over and assume the position for another 4 years of hope and change.

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es/pip
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Re: zlines

Postby es/pip » Mon Oct 19, 2009 7:29 pm

mthomas wrote:Wanted to thank all of you for chart examples... keep them coming!!!!
6 trades London, 64.8 live pips just need to zone in on my targets now.
Only thing on my charts was momo :)


Have a good day,
Alotofpips



nice

glad to hear it

that's a great day----more than enough

like i said before if someone would guarantee me 30 pips a day i would never trade again
Bend over and assume the position for another 4 years of hope and change.

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prochargedmopar
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Postby prochargedmopar » Tue Oct 20, 2009 1:49 am

prochargedmopar wrote:Will someone in the know please check out the accuracy of my market assessments in the below pics??
I want to know if I can SEE or NOT.

This is a currency I've never looked at before....not that it matters.

The first I marked off pivot points so I could "see" HH/LL's ect.

Image

Next up I used the same pic and marked off a few "double hooks" and a couple larger Time frame "double hooks".
Oops, accidentally deleted the bottom of the third triangle........

Image

And finally, I market a few points of held profit (green) and then where I considered those to be zeroed (red).
Keep in mind the first 2 and the last 1 have yet to be "zeroed".
EDIT: Forgot to mark the zero point of the 2nd to last green line.
It was Immediately on the next candle.

Also, depending on your definition of held profit the red "zeroed" lines could also be considered more held profit.

Image

Please critique harshly, I've gotta get this down and this is one of my first stabs at actually drawing on a chart and not just letting it be a "mental" thing.

Thanks


No comments?

Guess I've got the ok to make millions then.
Lets do it.
#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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jahjahblessed
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my trade

Postby jahjahblessed » Tue Oct 20, 2009 1:57 am

I got greedy and didn't exit at blue h1 zline got profit some is better than none
also could of got in earlier around 148.78 with a with a bottom triangle line but learning still

Image

Indicator are just my confident builders slowly but surely I get to have none on my chart
transform to PIP"S FARI

Whatever the mind of man can conceive and believe, it can achieve.
Napoleon Hill

Image
JAHJAHBLESSED

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pablo101
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Postby pablo101 » Tue Oct 20, 2009 4:38 am

prochargedmopar wrote:
prochargedmopar wrote:Will someone in the know please check out the accuracy of my market assessments in the below pics??
I want to know if I can SEE or NOT.

This is a currency I've never looked at before....not that it matters.

The first I marked off pivot points so I could "see" HH/LL's ect.

Image

Next up I used the same pic and marked off a few "double hooks" and a couple larger Time frame "double hooks".
Oops, accidentally deleted the bottom of the third triangle........

Image

And finally, I market a few points of held profit (green) and then where I considered those to be zeroed (red).
Keep in mind the first 2 and the last 1 have yet to be "zeroed".
EDIT: Forgot to mark the zero point of the 2nd to last green line.
It was Immediately on the next candle.

Also, depending on your definition of held profit the red "zeroed" lines could also be considered more held profit.

Image

Please critique harshly, I've gotta get this down and this is one of my first stabs at actually drawing on a chart and not just letting it be a "mental" thing.

Thanks


No comments?

Guess I've got the ok to make millions then.
Lets do it.


A million, that'll be nice :lol:
Last edited by pablo101 on Tue May 04, 2010 9:51 am, edited 2 times in total.

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pablo101
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Postby pablo101 » Tue Oct 20, 2009 4:47 am

...
Last edited by pablo101 on Tue May 04, 2010 10:03 am, edited 1 time in total.

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pablo101
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Postby pablo101 » Tue Oct 20, 2009 5:12 am

...
Last edited by pablo101 on Tue May 04, 2010 10:04 am, edited 1 time in total.

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pablo101
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Postby pablo101 » Tue Oct 20, 2009 5:25 am

Braathen wrote:awsome trade es/pip.. u hit it on the nail!!

Pablo.. i think bodies more then wicks.. try that.. very hard to explain.. ill be going over it again myself in the weekend.. id start off by just reading all the stuff MO has posted recently and start drawing. I really dont know what else to say atm... hopefully i will be the jedi DoP soon but atm im still learning and dont want to say much due to the fact i could be horribly wrong. 8) 8) :shock:

Ezz/pip.. i love the way u played that off the 1 minutte.. unreal imo... now thats discrecenary trading man.. stuff me u rock (i know its spelt wrong)


Thank you
What line? The line that tells you which way you are trading! - MO

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pablo101
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Postby pablo101 » Tue Oct 20, 2009 5:29 am

prochargedmopar wrote:
Image


This looks interesting.I need to keep an eye out for that
What line? The line that tells you which way you are trading! - MO

Brookmyre
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Postby Brookmyre » Tue Oct 20, 2009 5:51 am

es/pip wrote:
lukx wrote:thanks es/pip, actually I feel relief that I saw right thing :)
I was more concentrated on entry than on exit and this is why I got stopped out (10 pips or something), but thanks for showing me what I should look for next time. Quick quetion, while we're still in this 4h mz if things pick up on we still might enter again for long right? or now becasue support on 5m got broken we sould be looking for short so the price is probably aiming to zl those long 4h holders?



the market is still long until

1. the h4 momo doesn't hold it and we go down
2. it tries to go up and cannot and something else sets up for the short

but right now it is still long off the h4


i got back in on the m1

largest correction and momo

wasn't the clearest setup in the world

but i know for a fact.

1 that the bias is long

2 and that if a 5 min closes against me 9 out of 10 times i can get out with no loss or a small loss

so i am willing to give it a shot

Image




es/pip

Could you please explain how you used "largest correction" as part of your analysis? MO mentioned it a couple of hundred pages ago as part of his 'crystal ball' and it has been playing on my mind ever since but I don't see how it works.

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