I hear yah gert,
Yeah, I checked news, knew it was coming out.....just was to far gone at that moment to really care.......Not trading.
Gambling.
hehehe
I've got the info I need.
I'm the only one that can apply it.
I must BE the info I am.
If that makes sense.
Then this will be easy.
ProchargedMopar's Trading Trilogy
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- prochargedmopar
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#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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prochargedmopar wrote:1 trade before bed....got up an hr later and closed for +60
Here is a failed momo trade from today.
I used oco orders and just sat back and watched.
Much different and much more relaxing.
Helps that the pips were small by percentage of account.
Anyway.
Went short at purple line when price started to stall on smaller time frame.
Fiddled around for a while from +4 to -17......then shot up like a rocket hitting stop.
was that a zl trade?
i would not have marked my chart like that
when you look inside the 1hr chart did you have any increase in momo ( going the direction u wanted to trade) on the smaller tf charts at or near the zl
i would have marked it like this
Bend over and assume the position for another 4 years of hope and change.
- Patch
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es / pip
Great post, thanks.
How do I learn the zLine trading method or system?
How did you learn it?
Right now I've read a ton of stuff and feel as dumber than a board. -- Patch
Great post, thanks.
How do I learn the zLine trading method or system?
How did you learn it?
Right now I've read a ton of stuff and feel as dumber than a board. -- Patch
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO
Patch wrote:es / pip
Great post, thanks.
How do I learn the zLine trading method or system?
How did you learn it?
Right now I've read a ton of stuff and feel as dumber than a board. -- Patch
i read the nla thread 3 times
then
i put what MightyOne had on his charts onto my charts
then i took blank charts and started drawing till i understood it
its all there in the thread
Bend over and assume the position for another 4 years of hope and change.
- Patch
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es/pip
How long did this process take you until you started to get it?
Patch
In VA
How long did this process take you until you started to get it?
Patch
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO
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- monolisa
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Pro,
In addition to the candlestick body size also make note of volume variation. It shows you what the "big boys" are doing (or not doing).
Lis
In addition to the candlestick body size also make note of volume variation. It shows you what the "big boys" are doing (or not doing).
Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu
- Patch
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monolisa
Question: how does the volume show up if the BigBoys are playing on a different broker field? -- Patch (?) I should be sleeping now.
Question: how does the volume show up if the BigBoys are playing on a different broker field? -- Patch (?) I should be sleeping now.
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO
- monolisa
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Good question, Patch. You need high quality volume feeds that show the acitivity of major liquidity providers.
As I have mentioned before the volume data in MT4 is broker dependent. It may not give you an accurate picture.
Lis
As I have mentioned before the volume data in MT4 is broker dependent. It may not give you an accurate picture.
Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu
- prochargedmopar
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es/pip wrote:prochargedmopar wrote:1 trade before bed....got up an hr later and closed for +60
Here is a failed momo trade from today.
I used oco orders and just sat back and watched.
Much different and much more relaxing.
Helps that the pips were small by percentage of account.
Anyway.
Went short at purple line when price started to stall on smaller time frame.
Fiddled around for a while from +4 to -17......then shot up like a rocket hitting stop.
was that a zl trade?
i would not have marked my chart like that
when you look inside the 1hr chart did you have any increase in momo ( going the direction u wanted to trade) on the smaller tf charts at or near the zl
i would have marked it like this
es,
I see how you are marking it....I should have known and actually did call it as a "crack and snap", it was a small downward stop hunt outside the trading range to get emotional traders to go short..........
You missed the slowing of price on one chart...see below. hehehehe
The chart I posted was just the entry and the exit on stop.
The other lines were drawn by blubbbzline indy....monilisa's indy draws them like you do.
Here is what I saw that got me into the trade.
Look at the 72 level.
Yeah, a little quick on the trigger especially since volume indicated a rise on 5m and 15m charts. Also asian session ALMOST always has one false break before the true breakout.......today was a double false move because we came off such a crazy market in NY session...need time to acccumulate/distribute their profits and prepare for the next run......
Thanks for you time and the pics.
Very clean, very clear.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
- rank: 10000+ posts
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es/pip wrote:prochargedmopar wrote:1 trade before bed....got up an hr later and closed for +60
Here is a failed momo trade from today.
I used oco orders and just sat back and watched.
Much different and much more relaxing.
Helps that the pips were small by percentage of account.
Anyway.
Went short at purple line when price started to stall on smaller time frame.
Fiddled around for a while from +4 to -17......then shot up like a rocket hitting stop.
was that a zl trade?
i would not have marked my chart like that
when you look inside the 1hr chart did you have any increase in momo ( going the direction u wanted to trade) on the smaller tf charts at or near the zl
i would have marked it like this
es/pip,
Also,
When I took this trade I was up +8 pips in a matter of a couple minutes.
I soon there after saw that the larger corretion did not return to the extreme, I said to myself, uh oh. Not good.
A B/E exit would have been warranted.
But, I just started a 20 trade test run that will not allow me to exit with my over zealous trigger finger.......I set OCO orders (2nd time ever) and must let them ride either to my SL or TP, so I just watched as what I thought would happen, after the correcton, happened.
Hmmmmmm
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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