Azim LIVE trades

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Re: Azim LIVE trades

Postby karl_gt » Wed Aug 11, 2010 12:37 pm

hi thanks for the info but think at moment will still stick to london open break outs and incombinations with td trend lines and resistance points find them to be some of the best stuff with a momentum indicator

thanks again
karl_gt
 
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Re: Azim LIVE trades

Postby Azim166 » Wed Aug 11, 2010 5:44 pm

karl_gt wrote:hi thanks for the info but think at moment will still stick to london open break outs and incombinations with td trend lines and resistance points find them to be some of the best stuff with a momentum indicator

thanks again


No Problem :D
Azim166
 
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Re: Azim LIVE trades

Postby Azim166 » Wed Aug 11, 2010 5:45 pm

I Lost 200 pips, once again i break my own rules...sigh.. :oops:

I'm Still in profit though :lol:
Azim166
 
Posts: 152
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Re: Azim LIVE trades

Postby karl_gt » Wed Aug 11, 2010 7:58 pm

hi azim why dont you post up the chart of how you lost the 200 pips would like to see what you did wrong?
karl_gt
 
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Re: Azim LIVE trades

Postby Azim166 » Thu Aug 12, 2010 12:21 am

This is the mistakes i made...I Entered Long without following the rules.
azim live.gif
Azim166
 
Posts: 152
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Re: Azim LIVE trades

Postby Azim166 » Thu Aug 12, 2010 3:30 am

Hello everyone,

I just want to inform you that I just found a better zigzag system than this. I'm not saying this system is not good, it's just that the Modify_zigzag give 'too late' for confirmation. Well, i may not tested this system anymore as i have found a much more improved zigzag. I will show you later ^^
Azim166
 
Posts: 152
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Re: Azim LIVE trades

Postby Azim166 » Thu Aug 12, 2010 4:52 am

Hello again, I'm back with a new improved Zigzag System.

Indicators :

ZigZag on Parabolic
Gann Hilo(optional)
Heikin Ashi Smoothed(optional)
azim live.gif
Azim166
 
Posts: 152
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Re: Azim LIVE trades

Postby Azim166 » Thu Aug 12, 2010 5:02 am

One of the simplest way we could use this indicator to identify support and resistance levels and trade them as they break. This will be almost a pure price action based system.

I found this on a website.

This is how to trade it.
ZigZag.png
Azim166
 
Posts: 152
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Re: Azim LIVE trades

Postby Azim166 » Thu Aug 12, 2010 11:40 am

and Guys,

I tried something just now and i grabbed 80 pips easily,YES EASILY! :shock:

Take a look at this, I am beginning to fall in love with Price Action

http://forex-strategies-revealed.com/ad ... g-strategy
Azim166
 
Posts: 152
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Re: Azim LIVE trades

Postby karl_gt » Thu Aug 12, 2010 1:30 pm

hi azim had a look at that one before and it is very good indeed i use it. it is simply put basic trend line system and looking for the trend line to continue or break i find that the 4h and daily trend line are very strong and it they break usually it may mean at least a couple of days down if daily trend is very strong on upside. but either way you can probably see at least a 300 pip move depending on currency and how long u hold it. i use it in combinations with using macd on multi-timeframe it generally give you a good idea on where market may go by looking for divergence etc if you know how to uses it properly. With this i can usually tell if there is going to be a break out of one of these line or not.
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