PA, S/R, ZL, EXTREMES & MOMO

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

LittleKnown
rank: <50 posts
rank: <50 posts
Posts: 31
Joined: Sat Jun 19, 2010 10:22 pm
Reputation: 0
Gender: Male

Postby LittleKnown » Fri Jul 01, 2011 11:14 pm

FXfreak wrote:MO, i have a question: the quick move that started an hour ago was very fast. i saw a one-minute-candle with a size of 40 pips...

but the question is: why was the move so quick? was it a lack of liquidity or just huge buy orders? or both?

the answer is interesting because if that move was mainly based on a lack of liquidity then the sellers are still in okay. if these were huge buy orders then a reversal is more likely.

i was a bit surprised that a 40-pip-spike happened because normally big orders are not that obvious...

thanks!!


Wasn't it something to do with fundamentals, as in EU deciding whether or not to give Greece another load a cash! Can be a dangerous game trading when big things popping!

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
adaseb
rank: 500+ posts
rank: 500+ posts
Posts: 871
Joined: Fri Aug 21, 2009 5:20 am
Reputation: 0
Gender: None specified

Postby adaseb » Fri Jul 15, 2011 3:03 pm

the only thing worthwhile posting

Image

inprogress
rank: <50 posts
rank: <50 posts
Posts: 20
Joined: Mon Jul 18, 2011 12:00 pm
Reputation: 0
Gender: None specified

Postby inprogress » Mon Jul 18, 2011 12:25 pm

Hi Guys,

I've been practising ZL's and stuff for quite some time now but I'm still struggling with it a bit. I'd like to start posting some charts for any feedback but I dont want to create another topic about it. So I thought that I'd start to post them here. Hope that You Guys dont mind. For my trading I combine everything from H1 to M1 with keeping in mind where Im at at bigger charts (as everyone I guess). Im mainly scalping.

Actually I had a nice day today. Charts:

H1:
Image

TRADES FORM M5:
Image

As I said. I'll appreciate any feedback. I'll post some losers in a minute.

inprogress
rank: <50 posts
rank: <50 posts
Posts: 20
Joined: Mon Jul 18, 2011 12:00 pm
Reputation: 0
Gender: None specified

Postby inprogress » Mon Jul 18, 2011 12:39 pm

but before

LONG EU @ 1.4053

EDIT: Against M5 momo but with H1 ZL. I got the biggest problems with trades like this one

out -9

Back again :shock:

not going my way at all :D

out -4 - I need to step back

inprogress
rank: <50 posts
rank: <50 posts
Posts: 20
Joined: Mon Jul 18, 2011 12:00 pm
Reputation: 0
Gender: None specified

Postby inprogress » Mon Jul 18, 2011 1:05 pm

Oh, I finally got this

Image

already out with +21 here:

Image

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

aliassmith
rank: 1000+ posts
rank: 1000+ posts
Posts: 1667
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 21
Gender: Male

Postby aliassmith » Mon Jul 18, 2011 1:08 pm

inprogress wrote:Oh, I finally got this

Image

already out with +21 here:

Image


I struggled most of the morning but this trade got me right 8)
Trade Your Way as Long as It Makes Money!

inprogress
rank: <50 posts
rank: <50 posts
Posts: 20
Joined: Mon Jul 18, 2011 12:00 pm
Reputation: 0
Gender: None specified

Postby inprogress » Mon Jul 18, 2011 1:11 pm

The really cool part is that I've lost 13pips on a good trade :roll:

inprogress
rank: <50 posts
rank: <50 posts
Posts: 20
Joined: Mon Jul 18, 2011 12:00 pm
Reputation: 0
Gender: None specified

Postby inprogress » Mon Jul 18, 2011 1:22 pm

aliassmith wrote:
inprogress wrote:Oh, I finally got this

Image

already out with +21 here:

Image


I struggled most of the morning but this trade got me right 8)


Ye! In retrospect is was a great setup but as always finding an entry while it was forming was a struggle.

STRUGGLE :shock:

:wink:

Oh and alias may I ask, where did You get out?

inprogress
rank: <50 posts
rank: <50 posts
Posts: 20
Joined: Mon Jul 18, 2011 12:00 pm
Reputation: 0
Gender: None specified

Postby inprogress » Mon Jul 18, 2011 1:39 pm

Cute how it's bouncing between sup and res now.

inprogress
rank: <50 posts
rank: <50 posts
Posts: 20
Joined: Mon Jul 18, 2011 12:00 pm
Reputation: 0
Gender: None specified

Postby inprogress » Mon Jul 18, 2011 2:21 pm

Image

GOLDMINE

There were 6 chances (7 now) to put on really good trades with minimal DD form that reaction to D1 ZL. I only took second and the third one for total of 25pips because I was still waiting to long some more.

I need to start trading what I see.

Anyone was shorting with me?

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”