Never Lose Again

[jlpk007]

this is eur/usd h1 chart with horizontal line
so if i understand well the current candle is red if the next candle is green and crosse one of these line il go long right?
if the next candle is red and cross the next line do i go short or i just wait for the next candle to be green?

May i ask what counter is this? I am downloaded the sweetspot counter but it looks different

[jlpk007]

Hi TRO,

May i ask how to use indicator "Dynamic FIB SR TRAIL"

i see lines and 4 boxes in different colour (RED,PINK,GREEN,BLUE) but dont understand what it means.
Thanks!

[bettlebox]

I have attached picture. Basically D1 and H1 down, got up cande and then entered as soon next candle headed south hitting the go short line.

Is this right?. I worried i m trading this wrong.

[bettlebox]

did another trade got 3 pips, what do you think?

actually got 1 pip from previous bar too hehe

[bettlebox]

I would be grateful if someone with some experience of this system could have look at trade i posted up. Done 4 trades today all winners.

just want to make sure i got it.

many thanks
BB

[MightyOne]

WooHoo!

12 weeks, 1 move from oz to nz, inumerable head explosions, numberable aha!(tm) moments, lots of trading, reading, screaming, ranting, cursing, crying, point-and-laughing, coding, posting- all while working around a j.o.b. Ive finally read this entire thread.

Ive retired from my job thanks to MO, es/pip, dragon and others who have pointed the way. This thread has been the best and the pointy end of 10 months of hard graft leading to this point. Roll on 2010!

Right, back to the beginning, and I'll have a crack at the more advanced stuff

Congratulations for retiring

[noone22]

Hi, es/pip
May I ask you a quick question
about color convention on your charts.

Do you color all zerolines ("short" and "long" ones)
in the same color
or magenta is for "short" zeroline,
and blue is for "long"?

By "short" zeroline I mean the one, where profit holders
will be "zeroed out" by sell, i.e. - they went long on the
begining of breakout for this zeroline.

On this particular chart you do have 2 zerolines,
marked in the same magenta color.
Should you follow "different color" convention,
the first zeroline would be magenta, and next one - blue, correct?

And more general question - does it matter, which zeroline it
is - "short" or "long"?
Is it true, that for red (short) zeroline one would expect to sell,
and for blue (long) - expect to buy.

[noone22]

Not Forex, but I thought you might find it interesting to see that zero lines occur in every market and in every time frame.
This is the MONTHLY SPOT GOLD chart with a bounce off the zero line worth more than $100/oz!

Really?
What about S&P 500 index and e-mini S&P?
It's mostly driven by daily only speculators and pitt.
But guys from pitt has a habit close all trades by 5pm
daily the latest.
So nowdays (still fresh memory about recent bearish run)
there are no much heroes to hold S&P positions for longer
than one day.

Question: Is zero-line method is still applicable here?

[newark18]

The only thing I want is for people to say that they are now trading for a living and that I helped get them there.

MO, my goal is to become a full trader within a year or two and I don't think that my goal would even be possible without your help. I see the light at the end of the tunnel because of you. Much thanks.

[newark18]

The only thing I want is for people to say that they are now trading for a living and that I helped get them there.

MO, my goal is to become a full trader within a year or two and I don't think that my goal would even be possible without your help. I see the light at the end of the tunnel because of you. Much thanks.