lukx zline trading log + cfabian p.35 + adaseb p.48

[arkan1976]

A question for Dragon33 or whoever answers

[lazygeorge]

A question for Dragon33 or whoever answers

Hi arkan

good going,could you explain your thought process with each trade if its not too much trouble

what are the blue boxes??

[arkan1976]

Hi the blue boxes are the exit.
I wait to appears a MOMO candle and i trace the midle of it.Then i put a limit order in the midle (- spread).
The exit is the next Zline 15m.

[lazygeorge]

HI

Thanks for the clarification.
What stoploss do you use,im thinking just above the zline if your getting
in at 50% of a momo bar...correct?

[arkan1976]

HI

Thanks for the clarification.
What stoploss do you use,im thinking just above the zline if your getting
in at 50% of a momo bar...correct?

I put the stop loss in the high/low of the MOMO bar.
My lot size depends of the MOMO´s size.
Sorry for my english...

[lazygeorge]

english is fine

How long have you been trading like this??

Does trading from m15 zline to zline give you a lot of
stopouts coz i saw a few on your chart that may not have
worked out....

Just interested to know how you go about filtering these kind of trades..
or do you just trade regardless

Sorry for my questions

[lukx]

Hi the blue boxes are the exit.
I wait to appears a MOMO candle and i trace the midle of it.Then i put a limit order in the midle (- spread).
The exit is the next Zline 15m.

hmm:

[ajaymein]

Hi the blue boxes are the exit.
I wait to appears a MOMO candle and i trace the midle of it.Then i put a limit order in the midle (- spread).
The exit is the next Zline 15m.

hmm:

They worked out pretty well tho!

I think if you zoom out to the 5min there are MOMO bars there...not 100% tho

[arkan1976]

Today ....

[arkan1976]

Hi the blue boxes are the exit.
I wait to appears a MOMO candle and i trace the midle of it.Then i put a limit order in the midle (- spread).
The exit is the next Zline 15m.

hmm:

I was lucky friend...