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PTG
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Postby PTG » Wed Oct 28, 2009 10:54 pm

TheRumpledOne wrote:I guess I am not "smart" enough to understand the MO Zones.

So I'll stick with the RAT ZONES.



Good idea ! :lol:

You should trade what works for you !

I will stick to Supply- and Demand zones. That works for me.
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Postby PTG » Thu Oct 29, 2009 1:22 am

My First Metatradertrade :shock:
I don't use MT4 to trade, just to see what's up.
Momo down, retrace, momo down --> action !
Put in a short @ 1.47098, s/l 1.47170, t/p 1.46970

Not a trade I would want to take normally because of the low r/r, but I did it anyway. It isn't even the screen I normally work with, I use this template on H4. Stupid of course, I know. It worked though. And no, I won't apply for Yale for several reasons. So spare me the URL :lol:

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PTG
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Postby PTG » Thu Oct 29, 2009 1:31 am

In fact this is a good example of a trade you should NEVER take, because it's selling into a demand zone. What the heck was I doing... Sort of an inverse RAT trade or something, a TAR trade. Can get you feathered, lol

Next time, stick your plan, boss !
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Braathen
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Postby Braathen » Thu Oct 29, 2009 11:04 am

So EU didnt work out for me so i went back to the good old GU and started looking at what had happened after the sharp drop.. took this for 90 pips to get rid of EU losses and get some profit in this week.. been slow.

Image

Also currently short in UJ.. ill stick in a pic of that later..
Great trading PTG.. that sam dude has some good stuff
"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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Postby PTG » Thu Oct 29, 2009 11:37 am

Yeah, those video's are very good. The ideas are simple but powerful and put a foundation underneath most things that you can find here. Good stuff indeed :-)
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Postby PTG » Thu Oct 29, 2009 11:44 am

Oh by the way Braathen, that entry of yours is fantastic !
I was too late for that.
Odds are we're in for a nice profit.

I'm in there long from 1.64444
Later than I wanted (1.6432)
t/p 1.6636, s/l 1.6413

I have another zone drawn from 6416 to 6432
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Braathen
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Postby Braathen » Thu Oct 29, 2009 12:18 pm

PTG wrote:Oh by the way Braathen, that entry of yours is fantastic !
I was too late for that.
Odds are we're in for a nice profit.

I'm in there long from 1.64444
Later than I wanted (1.6432)
t/p 1.6636, s/l 1.6413

I have another zone drawn from 6416 to 6432


Thanks for the reply.. yes i do think i had a good entry but not good enough... im still learning ofc but in hindsight i see it this way..

Image
Nr.0 Sharp drop.. Nr1. base at prev. largest correct in up trend and small rally up. Nr.2 Hits zone and revearse.. anything can happen at this stage..Nr. 3 after hitting back to base zone it travels past prev zone higher and into nothingness.. nr 4 travels back down to base zone 1 more time and thats your perfect entry right there :) If that makes any sense
"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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Postby aliassmith » Thu Oct 29, 2009 1:12 pm

Trying to dodge the news landmines this week is
difficult. Guess it was a grood time to study some
old charts. :roll:
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Postby aliassmith » Thu Oct 29, 2009 1:58 pm

Anyone catch this monster daily trade?

about 300 pips :shock:

That is a dream trade!
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Trade Your Way as Long as It Makes Money!

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Braathen
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Postby Braathen » Thu Oct 29, 2009 2:16 pm

well alias... as u can see in my icture before im killing myself for closing at 90 when i could have easily bagged 230 :( :( ahh well ;)
"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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