lukx zline trading log + cfabian p.35 + adaseb p.48
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newark18
- rank: 500+ posts
- Posts: 562
- Joined: Thu Mar 11, 2010 3:32 am
- Reputation: 21
- Real name: J
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Let me hear your thoughts on this. There is a momo candle, and it doesn't look like it is going to pull back at all, when do you decide to enter because it is trading beyond the "no trade zone" (the area from close to half of the momo candle)? I've always hesitated to jump in and then I see the price running away from me.
Failure is an opportunity to learn.
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The short trade was a test, just in
case price want to touch the low
again, and i get -20 because my
connenction fails when i was about
to close. The long trade was with
limit orders, and again i didn't close
were i want to in both, real and demo
account because my internet fails again
but overall those was 2 good trades.
case price want to touch the low
again, and i get -20 because my
connenction fails when i was about
to close. The long trade was with
limit orders, and again i didn't close
were i want to in both, real and demo
account because my internet fails again
but overall those was 2 good trades.
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newark18
- rank: 500+ posts
- Posts: 562
- Joined: Thu Mar 11, 2010 3:32 am
- Reputation: 21
- Real name: J
- Gender:
I was hoping you wouldn't answer my question with a question.
MightyOne wrote:Your two-dimensional minds amuse me...
Look at the bodies and the underlying price action on my charts
How are my charts different from your own?
And NO PRO the 30/30 is not a "filter" so much as it is what MZ is based upon; equilibrium lines.
Failure is an opportunity to learn.
bacoazul wrote:The short trade was a test, just in
case price want to touch the low
again, and i get -20 because my
connenction fails when i was about
to close. The long trade was with
limit orders, and again i didn't close
were i want to in both, real and demo
account because my internet fails again
but overall those was 2 good trades.
At least your exit was above your momentum candle
You will get better at timing and maybe even learn how to trade without stops (don't do that just yet
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Thank you for your support.
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newark18 wrote:I was hoping you wouldn't answer my question with a question.MightyOne wrote:Your two-dimensional minds amuse me...
Look at the bodies and the underlying price action on my charts
How are my charts different from your own?
And NO PRO the 30/30 is not a "filter" so much as it is what MZ is based upon; equilibrium lines.
If I answered all of your questions then you would become a mindless drone.
newark18 wrote:If you are referring to your diamonds of perception, then I am not quite there yet.
You do not need to be.
The purpose of the Diamond of Perception is to reduce 90 possible angles down to 15:
15-20-25-30-35-40-45-50-55-60-65-70-75-80-85
and then start by focusing on main angles within the group:
15-30-45-60-75
30-45-60
45.
A magical thing starts to happen when you use the Diamond of Perception
YOU FEEL PRICE.
MightyOne wrote:bacoazul wrote:The short trade was a test, just in
case price want to touch the low
again, and i get -20 because my
connenction fails when i was about
to close. The long trade was with
limit orders, and again i didn't close
were i want to in both, real and demo
account because my internet fails again
but overall those was 2 good trades.
At least your exit was above your momentum candle
You will get better at timing and maybe even learn how to trade without stops (don't do that just yet
Ty Mo i really appreciatte ur words, and right now
im just learning to set bigger goals with tiny risk,
im mad because that 20 pip stop, is too much
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