Z3 Freedom Traders

As traders, most of us buy or sell gold based on technicals using our respective chart, levels and whatever other technical indicators being used. I have found this very funny yet interesting animated conversation on reasons to buy or not to buy gold. I guessed that’s what they called fundamental based approach. Anyhow, ENJOY it, give it a good smile and laugh.

This should clear up any confusion you may have about the QE.

ENJOY!

EURUSD has made triple zone market footprints at 1.3791 last Friday and has started its initial descend today for 105 range to LOD@1.3665 at this writing. We will continue to watch this pair, among others, anticipating for my particular setup a LOBO trade at tomorrow’s session, should TFS and other conditions remain intact. Key support level at around 1.3660 area.

Here is the intraday setup:

Trade your chart – Trade well = ENJOY!

USDCHF failed to make a high to break above Z312 level on the 17th. 1st short live trade was taken on the break of the opening range LOD, followed with a short demo trade on the break of immediate LOD, thereafter. Both trades are still open with lowered stop loss. See trade setup chart below.

XAU Gold moved higher at today’s session slightly breaching Z312 but failed to go any further. Still holding long positions on XAU, EURUSD, AUDUSD and moved stops higher, among other open swing trades.
Earlier today, I also did a couple daytrade scalp on EU and GU.

I have not done Z3 Camp coaching since August, 2009 and wasn’t planning to do one this year. Due several messages requesting to join the Z3 Traders group and a number of referrals from current members, I will be planning to conduct one as early as this month, latest in October. I will start the qualifying process this week to select the campers/traders for this training bootcamp. Please register on this site, left hand side of this post.
Meanwhile, watch this short video and get a glimpse of what you can expect from the camp.
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ENJOY!

This is a Z3 LOBO News Trade – Prelim GDP. Add on short breakdown continuations on EURUSD and EURJPY were triggered.

ENJOY!

Z3 LOBO is another scalp and trend trading strategy within the Z3 Trading System. It’s based on our usual levels which can be used in any timeframe and powered by a customized tool/indicator which automatically gives the entry price level with early breakdown signal/alert.

I have first demo/tested this strategy on NinjaTrader platform where it was originally designed on July 1st and have gone live with it, August 1st. Although LOBO can be used as a standalone method, it has a very high win rate [no. of trades & profit $ amount], when combined with the Z3 Market Flow visual board signals.

Thanks to mr4x for initially porting the indicator to MT4. Thanks to Marian for integrating it within one of our new streamlined Z3 indicators. Both of them have live traded with LOBO this week on OANDA, using the MT4 platform for setup and signal.

Here is one of the LOBO live trades I have taken last Friday on 6E futures [EURUSD forex spot] on m15, among others. This particular one was a news [Consumer Sentiment] impact trade setup on LOBO.

Below are screenshots of trades taken by Marian on OANDA and MT4. With LOBO, once traders achieve their daily profit goal per their respective business plan, they can continue the strategy on demo practice.

Again, these were live and demo trades taken in this early stage of using LOBO, mainly for scalping. We will optimize this, increase profits and run runners on trend over the next few days and weeks.

ENJOY!

ENJOY!