Never Lose Again

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Wakatta
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Postby Wakatta » Fri Nov 13, 2009 5:15 am

Hi everyone. I was going through the different indicators posted by TRO and the Buy zone thread, its great , thanks a lot TRO.
Are there any indicators , used in the "Never Lose again" trading also like the Buy Zone ? And what is the Entry trigger rules , didnt find it in the 1st page.

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scratty
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Postby scratty » Thu Nov 19, 2009 10:29 am

Hi Mo

Im going through the posts the third time. And i want to learn more about the zline trading process...

What i see:
- H4 Chart with a up move for about 24 H (this move gives us the box)
- the 50% Retracement of that move is the first ZLine Support
- The lower lines are other ZLines in the Zone.
- The Stop Zone is under previous low

Questions:
- On what Information are the other (under 50% Retracemnt) ZLines based? Fixed Pipvalue or other pivots from previous bars?

- Is the Stop Area start based on the low of the lowest candle?



Thanks for your support!
Lose professionally!

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TheRumpledOne
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Postby TheRumpledOne » Thu Nov 19, 2009 1:07 pm

Wakatta wrote:Hi everyone. I was going through the different indicators posted by TRO and the Buy zone thread, its great , thanks a lot TRO.
Are there any indicators , used in the "Never Lose again" trading also like the Buy Zone ? And what is the Entry trigger rules , didnt find it in the 1st page.


You can find the indicators here:

Links to MT4 Motherlodes:

http://kreslik.com/forums/viewtopic.php?p=17490#17490
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.

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TheRumpledOne
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Postby TheRumpledOne » Thu Nov 26, 2009 8:36 pm

Image

Inside bar still works.

Back to the basics.

Keep it simple.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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forexjake80
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Postby forexjake80 » Fri Nov 27, 2009 6:02 pm

Hey guys... checking in!! I have been reading the saved babypips thread so far. 1000+ Posts when i saw another 7400 to go in here to catch up... oh my! :shock: Anything in specific I should go for with priority or just keep reading untill i see "it"? Oh, btw: I am confused :-)

Got one Question: Always Trade with h1 candle color... are we talking candle color here or bias or is it the same?? When does the day for d1 start?

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TheRumpledOne
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Postby TheRumpledOne » Sat Nov 28, 2009 2:31 am

H1 candle color and H1 bias are the same.

Focus on "the rat".

Day for D1 starts at 12:00 on your broker's server.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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forexjake80
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Postby forexjake80 » Sat Nov 28, 2009 10:18 am

Since people use different brokers, i still just go the daily candles of my broker? Not some kind of everyone-looks-at-greenwich-time-daily-candle, something like that?
It's time to kick ass and chew bubble gum. And I'm all out of gum.

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Postby bakaender » Fri Dec 04, 2009 11:36 pm

I've been trading Zlines for awhile now and making some money, I haven't had a loss in about a month.

Funny thing though after all that time I realized last night that I've been doing it wrong the whole time... :oops:

Basically I have been only trading H1 or H4 charts, waiting for price to reach a ZL and enter on it and usually only getting a quick 5-10 points per trade as I didn't know if each point would be the point it reverses at.

It just randomly dawned on me that I wait for the reversal to happen, then look to a lower TF for an entry targeting the ZLs created reaching that reversal point. I struggled trading the lower time frames for awhile before I just stopped trying, and now it just all makes sense, everything es/pip and dragon said over and over, I can't believe its so obvious.....

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Postby PTG » Sat Dec 05, 2009 1:12 am

The web is full of rubbish, the subject of forex is no exception. It is almost an art to sift through all this and pick out the gems. The link below is a gem. A must-read if you're serious about trading imho.

Behavior modification, without doubt, is the key to trading success -- not only in how we think but also how we act in certain
situations. We must adapt to changing situations over which we have no control. We must change the situations over which we do
have control.


http://www.webtrading.com/phantom/preface.htm

It is also available as a pdf. Search the internet and you will find it.

Enjoy 8)
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pablo101
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Postby pablo101 » Sat Dec 05, 2009 3:24 am

bakaender wrote:I've been trading Zlines for awhile now and making some money, I haven't had a loss in about a month.

Funny thing though after all that time I realized last night that I've been doing it wrong the whole time... :oops:

Basically I have been only trading H1 or H4 charts, waiting for price to reach a ZL and enter on it and usually only getting a quick 5-10 points per trade as I didn't know if each point would be the point it reverses at.

It just randomly dawned on me that I wait for the reversal to happen, then look to a lower TF for an entry targeting the ZLs created reaching that reversal point. I struggled trading the lower time frames for awhile before I just stopped trying, and now it just all makes sense, everything es/pip and dragon said over and over, I can't believe its so obvious.....


Cha Ching! Time to put money on it :smt038
What line? The line that tells you which way you are trading! - MO

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