profitable Zigzag - Page 2
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Thread: profitable Zigzag

  1. #11
    1 Attachment(s) On the flip side AUD/U only went on to compensate for it as only shut out in 30 pips

    https://www.forexsoutheast.asia/gene...e-meeting.html


    Update: needed to go out at short notice for the day. This day any trades will be recorded together with the benefit of hindsight. Good Trading.

  2. #12
    1 Attachment(s) Hi guys,
    I had a successfull one today on EU,
    but my entrance is more competitive than yours shoot, I input the rest of the high and dont wait to get the trendmagic to change its colour.
    I also utilize mend TP (12) and SL (10), since I feel better using a quick-in-quick-out egy, unless Im thinking about to change my egy into a trailing stop like you're doing.

    This time my result was a winner, 12 pips.

    EDIT: Today was a bad day. EU 12, AU -10, GU -10, internet -8
    and also a missed instant winner on EU
    https://www.forexsoutheast.asia/fore...m-brokers.html

  3. #13
    Hi shoot

    Much like the look of your system and you also seem to be having good success with it, only 1 thing I can not get my mind around, In your first post you say this to get long you wait for a red candle and also to enter brief, is this an error or am I losing the plot.

    Martin

  4. #14
    Afternoon trading could have netted you:

    E 10
    G
    A 10, 10
    J 10

    Just a reminder that I didn't trade this afternoon as I was off today

  5. #15
    Hi Shoot

    Yes I meant to say arrows not candles

    This is what I can not seem tpo get my mind about

    Quote Originally Posted by ;
    Long - Large Red arrow above candle. Trend Magic line Blue and climbing out of flat (you might have to wait a few extra candles/arrows before this occurs ).
    Short - Large freshwater arrow under candle. T.M. line Red and falling out of flat (you might have to wait a few extra candles/arrows before this occurs ).
    thanks

    Martin

  6. #16
    Quote Originally Posted by ;
    Hi Shoot Yes I supposed to state arrows not candles This is what I can not look tpo get my head around quote thanks Martin
    Hi Martin, I see what's confusing you. You need to trade counter-intuitively contrary to the arrow direction. Examine some of the charts I have posted and you'll notice the direction I exchanged out of TP, SL and the Entry. If it helps alter the arrow colours in addition to that might make things more logical (zigzag-pointerV2)? I never bothered, as they weren't my Indis.

  7. #17

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