IgazI wrote:Not sure why you would try to go short there;
maybe a day trader can explain it to me
why.png
To much emphases on the slope of the moving average
-lagger
Scalping: 3LZZ DSR
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Re: Scalping: 3LZZ DSR
To much emphases on the slope of the moving average
-lagger
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
Re: Scalping: 3LZZ DSR
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
Re: Scalping: 3LZZ DSR
91 to go.
Some I uploaded twice to see so that they're clearer.
One thing I'm starting to notice is that these zlines work better when they come back and trigger after the next candle. If it takes a while to get back to retrace to the zline it's a bit less reliable.
Also trying to pay more attention on how I place the stop. I tended to use larger stops using the stop of the "swing" but sometimes that made my stop too wide and not even able to grab 1R. If I place it in the momentum candle's low (or previous candle if the momentum candle has almost no wick) it seems easier to grab 1R because price just "bounces" off there.
Some I uploaded twice to see so that they're clearer.
- GU_07072022_ZLentry.png (182.67 KiB) Viewed 1853 times
- GU_07052022_ZLentry_A.png (168.95 KiB) Viewed 1853 times
- GU_07052022_ZLentry_B.png (171.32 KiB) Viewed 1853 times
- GU_07062022_ZLentry_A.png (189.55 KiB) Viewed 1853 times
- GU_07062022_ZLentry_B.png (163.07 KiB) Viewed 1853 times
- GU_07042022_ZLentry.png (171.46 KiB) Viewed 1853 times
One thing I'm starting to notice is that these zlines work better when they come back and trigger after the next candle. If it takes a while to get back to retrace to the zline it's a bit less reliable.
Also trying to pay more attention on how I place the stop. I tended to use larger stops using the stop of the "swing" but sometimes that made my stop too wide and not even able to grab 1R. If I place it in the momentum candle's low (or previous candle if the momentum candle has almost no wick) it seems easier to grab 1R because price just "bounces" off there.
Re: Scalping: 3LZZ DSR
86 to go. This is also a discipline test; maybe by charting the same thing over and over I can start to build confidence.
I'm noticing that in some runs there is zline after zline. I guess this is how 'stacking' is done sometimes. But for the time being I'll just count them as different entries to keep it simple.
I'm noticing that in some runs there is zline after zline. I guess this is how 'stacking' is done sometimes. But for the time being I'll just count them as different entries to keep it simple.
- GU_07012022_A_ZLentry.png (198.92 KiB) Viewed 1836 times
- GU_07012022_B_ZLentry.png (188.58 KiB) Viewed 1836 times
- GU_06302022_A_ZLentry.png (198.36 KiB) Viewed 1836 times
- GU_06302022_B_ZLentry.png (189.68 KiB) Viewed 1836 times
- GU_06292022_ZLentry.png (184.77 KiB) Viewed 1836 times
- GU_06282022_A_ZLentry.png (185.36 KiB) Viewed 1836 times
- GU_06282022_B_ZLentry.png (188.11 KiB) Viewed 1836 times
- GU_06272022_A_ZLentry.png (204.01 KiB) Viewed 1836 times
- GU_06272022_B_ZLentry.png (177.5 KiB) Viewed 1836 times
Re: Scalping: 3LZZ DSR
82 to go.
ZLines are discretionary. Stop loss placement I'm starting to realize that is also discretionary. But from what I'm seeing is better to have a tighter one; not super tight, but tight enough.
I know I'm drawing these with the benefit of hindsight but I'm trying to be as fair as I can taking the losers, and marking the zline entries that didn't trigger.
ZLines are discretionary. Stop loss placement I'm starting to realize that is also discretionary. But from what I'm seeing is better to have a tighter one; not super tight, but tight enough.
I know I'm drawing these with the benefit of hindsight but I'm trying to be as fair as I can taking the losers, and marking the zline entries that didn't trigger.
- GU_07012022_A_ZLentry.png (198.92 KiB) Viewed 1800 times
- GU_07012022_B_ZLentry.png (188.58 KiB) Viewed 1800 times
- GU_06302022_A_ZLentry.png (198.36 KiB) Viewed 1800 times
- GU_06302022_B_ZLentry.png (189.68 KiB) Viewed 1800 times
- GU_06292022_ZLentry.png (184.77 KiB) Viewed 1800 times
- GU_06282022_A_ZLentry.png (185.36 KiB) Viewed 1800 times
- GU_06282022_B_ZLentry.png (188.11 KiB) Viewed 1800 times
- GU_06272022_A_ZLentry.png (204.01 KiB) Viewed 1800 times
- GU_06272022_B_ZLentry.png (177.5 KiB) Viewed 1800 times
Re: Scalping: 3LZZ DSR
77 to go. Hope this experiment isn't ridiculous. I don't mean to spam or flood the forums with these.
Noticing that quite a lot of times it goes past the 1R. I'll write down all these stats once I finish the 100 sessions, which is about a third of a year's worth of trading I think.
Noticing that quite a lot of times it goes past the 1R. I'll write down all these stats once I finish the 100 sessions, which is about a third of a year's worth of trading I think.
- GU_06172022_A_ZLentry.png (173.67 KiB) Viewed 1798 times
- GU_06172022_B_ZLentry.png (169.54 KiB) Viewed 1798 times
- GU_06162022_A_ZLentry.png (169.92 KiB) Viewed 1798 times
- GU_06162022_B_ZLentry.png (145.97 KiB) Viewed 1798 times
- GU_06152022_A_ZLentry.png (185.34 KiB) Viewed 1798 times
- GU_06152022_B_ZLentry.png (157.09 KiB) Viewed 1798 times
- GU_06142022_A_ZLentry.png (165.62 KiB) Viewed 1798 times
- GU_06142022_B_ZLentry.png (182.31 KiB) Viewed 1798 times
- GU_06132022_ZLentry.png (203.11 KiB) Viewed 1798 times
Re: Scalping: 3LZZ DSR
72 to go.
Again, when price takes too long to come back, it either bounces weak, or it just keeps going. Maybe wait up to 2 candles and if takes more than that scratch the possible zline bounce entry?
Also, just eyeballing this but I'm noticing much more winners than losers and quite a few winners that go to 2 or 3. Only 28 sessions so far, but I was also (maybe) too demanding on myself with attempting to end green every day. The winners are there to offset losing days, maybe a switching my goal from green day to a green week would be a good switch that could help my psych.
Again, when price takes too long to come back, it either bounces weak, or it just keeps going. Maybe wait up to 2 candles and if takes more than that scratch the possible zline bounce entry?
Also, just eyeballing this but I'm noticing much more winners than losers and quite a few winners that go to 2 or 3. Only 28 sessions so far, but I was also (maybe) too demanding on myself with attempting to end green every day. The winners are there to offset losing days, maybe a switching my goal from green day to a green week would be a good switch that could help my psych.
- GU_06172022_A_ZLentry.png (173.67 KiB) Viewed 1781 times
- GU_06172022_B_ZLentry.png (169.54 KiB) Viewed 1781 times
- GU_06162022_A_ZLentry.png (169.92 KiB) Viewed 1781 times
- GU_06162022_B_ZLentry.png (145.97 KiB) Viewed 1781 times
- GU_06152022_A_ZLentry.png (185.34 KiB) Viewed 1781 times
- GU_06152022_B_ZLentry.png (157.09 KiB) Viewed 1781 times
- GU_06142022_A_ZLentry.png (165.62 KiB) Viewed 1781 times
- GU_06142022_B_ZLentry.png (182.31 KiB) Viewed 1781 times
- GU_06132022_ZLentry.png (203.11 KiB) Viewed 1781 times
Re: Scalping: 3LZZ DSR
67 to go.
Some candle can produce a zline; but sometimes there are more than 1 zline off that candle. Sometimes it just pops off the previous candle, and other times it 'feels' better to place them at a level were many wicks were broken by that candle.
Some candle can produce a zline; but sometimes there are more than 1 zline off that candle. Sometimes it just pops off the previous candle, and other times it 'feels' better to place them at a level were many wicks were broken by that candle.
- GU_06032022_ZLentry.png (170.22 KiB) Viewed 1746 times
- GU_06022022_ZLentry.png (168.21 KiB) Viewed 1746 times
- GU_06012022_ZLentry.png (169.32 KiB) Viewed 1746 times
- GU_05312022_ZLentry.png (191.64 KiB) Viewed 1746 times
- GU_05302022_ZLentry.png (194.5 KiB) Viewed 1746 times
Re: Scalping: 3LZZ DSR
62 to go.
I'm seeing that a lot of zlines entries are very tight, as in as soon as it gets to the level it bounces; sometimes it even misses the entry by less than a pip and it bounces right there. Using small stops looks like a good idea for this type of trade.
I'm seeing that a lot of zlines entries are very tight, as in as soon as it gets to the level it bounces; sometimes it even misses the entry by less than a pip and it bounces right there. Using small stops looks like a good idea for this type of trade.
- GU_05272022_ZLentry.png (205.66 KiB) Viewed 1734 times
- GU_05262022_A_ZLentry.png (198.58 KiB) Viewed 1734 times
- GU_05262022_B_ZLentry.png (160.14 KiB) Viewed 1734 times
- GU_05252022_A_ZLentry.png (183.43 KiB) Viewed 1734 times
- GU_05252022_B_ZLentry.png (160.66 KiB) Viewed 1734 times
- GU_05242022_ZLentry.png (170.69 KiB) Viewed 1734 times
- GU_05232022_B_ZLentry.png (161.03 KiB) Viewed 1734 times
- GU_05232022_A_ZLentry.png (178.38 KiB) Viewed 1734 times
Re: Scalping: 3LZZ DSR
Glancing over this whole page, I see much more green than red! I'm not even counting when it goes beyond 1R, but it seems that zline entries have a really nice hitrate.