Never Lose Again

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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

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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
WAS A YALE STUDENT. Now? Let's see!

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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
WAS A YALE STUDENT. Now? Let's see!

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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Braathen
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Postby Braathen » Tue Oct 20, 2009 7:12 am

If i get to that club before u pablo ill make sure u get there too :P But GU kinda didnt like me today.. -25 pips so far.. but i got alot on my mind.. gnna take the rest of the day off.. btw mo.. your journal.. do u mean your micro account thread? Hope everyone has a great day :) :)

Really bad trades.. didnt wait for much momo.. ack.. patience :) :) and my mind is running headless around these angles.. im soo close and i aparently just wont let myself see it......frustration and trading.. bad combo.. or rather im seeing it.. just cant piece the obvious together...all well.. all comes to those who keep trying and believe in it.. only been in the game for 2-3 months now.. all green.. so no complaining!! pouring my heart out here.. sorry
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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Braathen
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Postby Braathen » Tue Oct 20, 2009 7:29 am

If it aint going up its going down..thinkl this was a frustration trade but hey.. im +0.3 for the day !! oh wait... comission :P

Image

Stopping for today..
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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lukx
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Postby lukx » Tue Oct 20, 2009 7:30 am

Braathen wrote:If i get to that club before u pablo ill make sure u get there too :P But GU kinda didnt like me today.. -25 pips so far.. but i got alot on my mind.. gnna take the rest of the day off.. btw mo.. your journal.. do u mean your micro account thread? Hope everyone has a great day :) :)

Really bad trades.. didnt wait for much momo.. ack.. patience :) :) and my mind is running headless around these angles.. im soo close and i aparently just wont let myself see it......frustration and trading.. bad combo.. or rather im seeing it.. just cant piece the obvious together...all well.. all comes to those who keep trying and believe in it.. only been in the game for 2-3 months now.. all green.. so no complaining!! pouring my heart out here.. sorry


2-3 months and green?! :shock: I knew there is something really wrong with me but didn't though it's that bad :)

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