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Attachments: Trade What You See - Almost Naked Trading
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Trade What You See - Almost Naked Trading

I had to readjust my Zorro trade trend lines, but PA is still going in the right direction.
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One close above the 112.00 on M15...watch out above I think if we get another close above 112.00 on the M15 soon.
H1 4C BO set up and Zorro...(BO--Pullback--Continuation) Still need to follow regular rules for entry.
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Quoting lawgirl21
H1 4C BO set up and Zorro...(BO--Pullback--Continuation) Still need to follow regular rules for entry.

Working on the Elliot Wave I see
Quoting GerryS
Working on the Elliot Wave I see
That's what the 3 Taps are..waves.
Quoting david4u
Hi 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
David
A conservative approach is to have the breakout on the 15 wait for a retest within 5 candles (usually within three) and then jump on the follow thu. You do end up leaving some trade go as they just head down or up, but the ones you take are higher probability trades.
Quoting Precap2
Always remember the BIG picture of the pair you're trading, it keeps you out of harms way.

I just love the way it looks. Any chance I might learn how to draw those lines from u?
A missed Money is better than a lost Money
I setup Buy Stop last night, took about 7 hours to hit my target.

Similar trade, different TF.

LG, some of your BO S/R lines are not drawn with the first 4 hours bars. Am I correct?

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I 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. The Zorro lines are not to be viewed as trendlines, rather they are merely directional lines indicating a breakout (BO), a pullback and hopefully a continuation in the direction of the BO.

The RSIs remain our mainstay in determining strong directions. The neat thing about the ZC is that we look for it after a major BO in one direction or the other. It is a way to re-enter a trade after taking profit from a good BO. Please ask questions or give comments...like I said, I am still testing it.
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LG, 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 appreciated
Quoting mobthehop
LG, 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 appreciated

It's hand drawn...no indicator..and it does not need to be precise. Draw from high/low to low/high in the 3 directions. And it does not matter if PA falls below or goes above the lines as they are NOT trendlines...only directional lines.
Here'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.
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good morning..
zorro... is the filter i use to enter in the Four candles H1 breakout. Very powerfull Lg. I look for it in the 15M charts before entry in the BO of 4C H1.
The thing That I have not very clear is the RSIs. We need all of them in the right direction of the trend? If we are looking for a trade in H1, how many of them do we need to point in the trade direction?
Thank a lot
Quoting kknotty
I just love the way it looks. Any chance I might learn how to draw those lines from u?
Yes. Now and always. You can ask me to draw lines on a pair you trade or we can agree on how you learn to do it yourself. I like the second part though.

PC2
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
Quoting lawgirl21
I 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....
What would I not spend to be spared from learning Elliot Waves. But now it's introduced into this thread. I'll be following anyhow it goes
Elliot Waves!!! Hmmmm

PC2
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
Here's my GU BIG picture. If you're a long term trader (like me sometimes), you could look to short now and hold till around 1.5550, then further break downward would do you good.

GU broke out of the major bear channel but returned inside. That's breakout failure and might trigger resumption of major bearish move.

###-function
int bool {GoodLuck_PullTriggerNow}

Happy pipping
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Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
For GOLD diggers only, targeting lower TL which is about 700 points away. A break would be dulce

PC2
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Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
Hello 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.
Quoting lawgirl21
Here'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.
target?
Hero calls followed by margin calls...
Quoting JohnGalt
Hello 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.
hey bro,
seems that u r new on ff.com .
Please do always read page 1 post 1 for further information in each thread !
http://www.forexfactory.com/showpost.php?p=4127792

kindest regards
Hero calls followed by margin calls...
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