Trying U/J long setup.
Reasons: all sonicR rules, volume up, 4h divergence, 1 hour LH> LL waves.
Any comments, critics?
Attachment
i hope u did trade it. i took my and and got a 100+ pips
is a combination, TL, BO, and Sonic trade. PA return to TL obediently alerted me.
as for the BO - breakout, it was in my flavour direction.
Nice UJ trade Z....
Watching other more experienced people's trades and trying to work out why they were successful in them, is even better than making my own trades. Certainly less stressful! LoL
Seriously though, keep them coming folks as I am trying to get my S&R lines to a point where I can believe in them to some extent.
Which indicator are you referring to? Possibly the Andrew's Pitchfork?
It is built into MT4.
Well, my would be trade hit TP1 & TP2.
Now, I can see the importance of waiting for a retrace to the tunnel Dragon.
I planned this would be trade around entering during the Asian session at point A. However, now I can see that it would have been a much better idea to enter either right before the LO at point B or just after LO at point C.
Either way, it was a useful experience, thanks to Basber and TAH helping me this morning. Many thanks people.
I must comment here....ZHANG...your TL based trades are spectacular.... Definitely a lot to learn from you on that front. Well done and congrats for all those pips captured
nice pair u got, my a/u didnt work out cls @ BE. g/u is similar but higher TF shows downtrend likelyhood . u should be on the right track.
tis is wad i see, though i didnt trade. enough position for me now
thx for the saying ag fx.
i am also learning, lets help each other in time to come
Nice chart Z.......! Perhaps you have a good sense of humor?
Looks just like my old charts!
http://cdn.forexfactory.com/attachme...1&d=1255073421
I am not sure how can I help...Im still a newbie with this method and almost end up missing almost all the set ups...
Like in recent past, almost many set ups occurred during early Asian session. While, I myself am in Asia(India), but the set ups were way early into my morning...And then the whole day passes by sitting and watching!
But I am team and game for anything that we can do constructively to be better traders.
AG
I am not sure how can I help...Im still a newbie with this method and almost end up missing almost all the set ups...
Like in recent past, almost many set ups occurred during early Asian session. While, I myself am in Asia(India), but the set ups were way early into my morning...And then the whole day passes by sitting and watching!
But I am team and game for anything that we can do constructively to be better traders.
AG
At long last I now understand the value of drawing one's own S&R lines.
Not sure why I simply refused flat out to draw them previously, maybe I was unsure I would draw them in the right places or, draw too many so I ended up with a net of lines that would prevent me from making an entry at all.
Hopefully there may be less stubborn people than myself who read this and try drawing their own S&R on only M15 as my chart. It takes seconds and the thing is you actually pay attention to the lines you draw as opposed to some indicator drawing meaningless...
Hi AG,
There Is a Killing Thought That Is Routine In Many Traders. They Thing They Are Trading When They Are Pushing The "Buy" & "Sell" Button. But When You Watch For an Entry, You ARE Trading. Like DD's Signature (Man, I'm Missing Him!) It's Your Sitting That Makes You Money. I Personally Take Between 2-5 Trades Per Week. Because I'm Training My Self To Not To Trade Much And Pick The Best Ones.
If You're Missing The Setups, Don't Get Mad, Just Analyze Them After You See It Happens, Be Honest With Yourself, Put a Paper On The Price So You'll...
