ok or need more patients please observe chart Espip and MO feel free to share i still think im not nailing held profit last one i got out +20 short had to take a break?
Thanks again for all the help,
Alotofpips
Never Lose Again
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- Braathen
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Im sorry tro if a few trendlines by angle is too complicated i personally dont even look at most of those lines but when im trading and trying to keep people happy RL i dont have time to remove lines or anything.. anywhere ill try post more bare charts then.. compter died i the weekend so i just got back up last night and caught this straight of the bat
still in it looking for it to go all the way.. happy piping guys...
still in it looking for it to go all the way.. happy piping guys...
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-
MO-
- aliassmith
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- aliassmith
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Zline from this Morning....Thoughts, Critiques, Critisism
Anyone....anyone...Bueller....Bueller?
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- 5MIN ZLINE OCT28.JPG (153.87 KiB) Viewed 3683 times
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- aliassmith
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The somewhat bigger H1 picture with hand drawn supply- and demand zones.
Top and bottom zone are almost identical to zones drawn with Blubbb-Mightyzone indicator. That should be no surprise. If it is, I would go find the answer
(Ask MO )
Top and bottom zone are almost identical to zones drawn with Blubbb-Mightyzone indicator. That should be no surprise. If it is, I would go find the answer
(Ask MO )
There's no business like [strike]show[/strike] covid19 business.
- TheRumpledOne
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I guess I am not "smart" enough to understand the MO Zones.
So I'll stick with the RAT ZONES.
Remember what H. Rearden said:
Now, 2 patterns of market behaviour happen on a regular basis:
1) the price breaks to new high's (or low's)
2) the price reverses from new high's (or low's)
If price is NOT making a new low then it must be reversing from the low.
SIMPLE!!
1) price within 20 pips of the daily low - that is OPPORTUNITY
2) red candle closes
3) green candle closes - note the high price of the green candle.
4) enter long at the green candle's high price
5) STOP LOSS IS 10 PIPS
6) Take whatever profit you can.
"The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
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