PA, S/R, ZL, EXTREMES & MOMO

[rob_deniro]

Thanks for posting your charts i find them fascinating and enlightening

In light of the forum seeming to go to s**t as of late, figured i would start posting some charts.

not going to post any fancy account statements or masturbate for anyone,

but people may actually get something out of trade charts, novel idea.

not going to answer any ZL or momo questions, if you dont understand the charts go back and look at all the other posts on that stuff.

maybe we can get this forum back to what it used to be.

maybe some of the regulars will start posting their charts again.

if you want to post your charts no matter what they are based on feel free to do so

[karol]

I was trying to go short on 5m with 1h:

[es/pip]

did you short it again ?

i was a sleep

but it reacted right off your area and tanked

--------------


anyone get any of that move on the GU

off the h1 momo

doesnt get any better than that one

Ej

head and shoulders on H1 also worked well

[karol]

Unfortunately not. It wasn't clear enough for me and then it moved to rapidly to jump in.

I took those trade though:




In between I've had several small loses for a total of 15-20 pips.
Oh.. and one full stop as I accidentally left limit order open and closed computer for a few hours.

[es/pip]

those look good

i will post my charts when i am done

made a lot of trades

had a around 6 or so losers so far, but up a lot ----- had some big trades

[karol]

I'm in this one:

[es/pip]

GU

not a great entry or exit on the first one

when those m5 were wicking, i should have just got out and waited for a better entry, and then i didnt even let it break support i just got out---- lol


more losers than i would like but they were small and the winners were big

[jarnapal]

this is so beautiful !

[dchappy]

Great work, ES ...

What impresses me most are the small losses ..

Could you please comment on your style for exiting a loser ?

Thanks ..................Chappy

[es/pip]

Long scenerio

Every trade is different, but I just look at what is happening when the bars form and make decisions based on what is happening. If I get momo up( on the inside charts on the way to my target) then I am more willing to let it pullback into the momo and see if it holds and goes back up. If I get momo down I look at where I am ( based on the left side of the chart) and decide if I exit back into that momo or get out on another type of break or lower low. If I start wicking swing highs I may decide to bail based on that---- but that also depends where the S/R and or momo is below those highs.

It is different each time based on the PA, but that is my thought process.

Then it is just trading to and from higher time frame S/R.