I had to readjust my Zorro trade trend lines, but PA is still going in the right direction.
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DislikedH1 4C BO set up and Zorro...(BO--Pullback--Continuation) Still need to follow regular rules for entry.Ignored
DislikedHi LG
In many cases you wait for 2 bars on the M15 chart to close before you take a trade.
I have marked in blue some cases when this happened before the "real move ".
Do you recommend of any type of filters to try to avoid those fake breakout ?(Using consolidation setups+H1 BO)
Not always it's possible .Some times we may loss before we catch the "real" move.
One possible option may be to wait for London open , assuming the real move will happen afterwards.
Can you please give us your point of view ?
Tks
DavidIgnored
DislikedAlways remember the BIG picture of the pair you're trading, it keeps you out of harms way.Ignored
DislikedLG, first of thanks for sharing on daily basis, have been lurking for weeks and trying to get a hang of it all....
Just a quick one - is the ZC hand-drawn or do you use an indicator - looks like a shortened zigzag
Cheers n pls continue posting your views & thoughts, very much appreciatedIgnored
DislikedI just love the way it looks. Any chance I might learn how to draw those lines from u?Ignored
DislikedI am introducing a new filter to our trading arsonal..the Zorro Continuation (ZC), I call it although it is just a wave pattern that has been used for decades.
I am still testing it and have already posted several charts showing it....Ignored
DislikedHere's a ZC trade that I thought when I entered, that I was entering long on the pullback. But as of this posting, the pullback may have already occurred in those 4 green highlighted candles and the continuation may be starting with that next red candle.Ignored
DislikedHello Everyone!
Where can i find these trend indicators that you guys are using(the one with the arrows) that refers to the current pair? I've tried to use the mq4 files that LG provided at the beginning of this tread but unfortunately it only shows the trend to all pairs...(and without the arrows)
Could someone provide the mq4 script ?
Many Thanks.Ignored