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

[prochargedmopar]

will be looking at this for the euro for this coming week and beyond

if these areas hold we could see a good move up from here

I would try and take it down to 1.2680 for 2,100p+ gain because I am just sick in the head like that

can u post a chart of why 1.2680

i see a couple of reasons, just wanted to see why you said that area

you dont think we will hold this for now and challenge the W1 extreme on the up side?----- that is, if we hold this

Here is a basic plan (as more information enters into the picture it may be altered):

Here is a basic plan (as more information enters into the picture it may be altered):
The reason I LOVE trading!!!!!

[cwn6161]

my first zline trade. the lower red line is the zline, and the top red line is where i took profit. i waited until priced crossed just above the zline to enter. what would others have done?

[MightyOne]

my first zline trade. the lower red line is the zline, and the top red line is where i took profit. i waited until priced crossed just above the zline to enter. what would others have done?

You went long at the rZL? How brave of you

[cwn6161]

Im currently on pg 221 of the NLA thread - read over 100 pages during the weekend.

trying to look for bodies in the direction of profit, wicks in the direction of loss. the hour doesn't show it, but the 30M did show a wick at the zline

[MightyOne]

Im currently on pg 221 of the NLA thread - read over 100 pages during the weekend.

trying to look for bodies in the direction of profit, wicks in the direction of loss. the hour doesn't show it, but the 30M did show a wick at the zline

The most important thing to me is position.

If I am going long then I want to have a daily+ extreme directly under me.

There is nothing magical about a Zero Line.

There is something called an equilibrium line that is something like a temporary constant rate of decline/advance/indecision.

If price moves too fast (momo) then there is a deviation from this rate and price is likely to reverse back to this line (wick doll) before continuing its decline.

All that you need to understand is that you want a return to equilibrium, which is roughly 1/2 the momo's real body, before LOOKING to trade short.

[Humble]

You went long at the rZL? How brave of you

Don't worry cwn6161, I expect there are a few of us looking twice at that post! Edit: and the next.

Speaking of being brave, when you have finishes the NLA thread you pretty much need to read this one. Given the time it takes to read and later re read these posts, it's not a bad idea to copy any you want for reference purposes to a word/text document as you go.

[Patch]

Humble

I want to post my agreement with you that the threads NLA and this thread is or are among the very best on Kreslik due to the traders posting on these threads. jb InVA

[Humble]

Hi Patch. Couldn't agree more. The irony is I think, many peeps like myself came here because of TRO and his indi only to find we are offered a very real chance to learn how to trade the PA.

[vane]

Im currently on pg 221 of the NLA thread - read over 100 pages during the weekend.

trying to look for bodies in the direction of profit, wicks in the direction of loss. the hour doesn't show it, but the 30M did show a wick at the zline

The most important thing to me is position.

If I am going long then I want to have a daily+ extreme directly under me.

There is nothing magical about a Zero Line.

There is something called an equilibrium line that is something like a temporary constant rate of decline/advance/indecision.

If price moves too fast (momo) then there is a deviation from this rate and price is likely to reverse back to this line (wick doll) before continuing its decline.

All that you need to understand is that you want a return to equilibrium, which is roughly 1/2 the momo's real body, before LOOKING to trade short.

MO could do you help me with this: "price is likely to reverse back to this line (wick doll) before continuing its decline."

I try to do this for my self, i hope understand a little better the equilibrium line

Thanks like always

[noone22]

You went long at the rZL? How brave of you

MO,
What is rZL?

Even if it is resistance ZL, there were no rules for them,
could you give bit more details.