Hi guys - I shorted near the first arrow but exited at the 2D ZL at 126.80 as it stalled a bit.
Would you have held the short there? I wanted to hold to 126.31, the lower green line. What clues can you see?
ZL, D+ extremes, TL breaks, cones
Moderator: moderators
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- aliassmith
- rank: 5000+ posts
- Posts: 5057
- Joined: Tue Jul 28, 2009 9:50 pm
- Reputation: 2847
- Gender:
Re: ZL, D+ extremes, TL breaks, cones
thepark wrote:Hi guys - I shorted near the first arrow but exited at the 2D ZL at 126.80 as it stalled a bit.
Would you have held the short there? I wanted to hold to 126.31, the lower green line. What clues can you see?
I'm not sure about clues but when in doubt pull some out. I can't count how many times I would have been better off closing out and re-enter at a better price. MightyOne scolded me on that in the past. I said I made 10 pips. He would say you could have made 20 by re-entering at a better price.
Price advances and returns most of the time. In addition to measuring, if you place .01 lot and observe its behavior in real time you can learn a great deal about market behavior.
I feel greed and expectations can cloud better statistically sound management processes.
Trade Your Way as Long as It Makes Money!
Re: ZL, D+ extremes, TL breaks, cones
hope everyone is doing well
in this one right now..trading with h12 candle color long to zero out the shorts, also made its way back into the cone and targeting 1.21049
could go south given this is a MZ of the D1 candle down...we shall see.
in this one right now..trading with h12 candle color long to zero out the shorts, also made its way back into the cone and targeting 1.21049
could go south given this is a MZ of the D1 candle down...we shall see.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.