Jekell and Hyde trading

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Re: Jekell and Hyde trading

Postby prochargedmopar » Mon Sep 25, 2017 6:55 pm

Where is Mr. Hyde?
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Re: Jekell and Hyde trading

Postby Mr. Hyde » Mon Sep 25, 2017 7:56 pm

prochargedmopar wrote:Where is Mr. Hyde?


Ah u probably wont see many post from me after last week, at least until next year. I rather spend time with family and friends then on some forum. Plus you can only post charts of perfect 123/TTE charts and rectangle/measured moves with simple sl/tp trades so many times. 90% of my trading is waiting for the easiest and most simple trade to present itself and then take it. There are other members and traders to follow if you like complex and confusing trading that cant be explained in a few sentences that a 5 year old could understand.

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Re: Jekell and Hyde trading

Postby prochargedmopar » Mon Sep 25, 2017 9:44 pm

Mr. Hyde wrote:
prochargedmopar wrote:Where is Mr. Hyde?


Ah u probably wont see many post from me after last week, at least until next year. I rather spend time with family and friends then on some forum. Plus you can only post charts of perfect 123/TTE charts and rectangle/measured moves with simple sl/tp trades so many times. 90% of my trading is waiting for the easiest and most simple trade to present itself and then take it. There are other members and traders to follow if you like complex and confusing trading that cant be explained in a few sentences that a 5 year old could understand.


Ok, see you next year then.

Until then I read and study this:
IMG_2027.JPG
IMG_2027.JPG (146.34 KiB) Viewed 538 times

IMG_2026.JPG
IMG_2026.JPG (115.16 KiB) Viewed 538 times
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

Mr. Hyde
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Re: Jekell and Hyde trading

Postby Mr. Hyde » Sat Jan 06, 2018 2:43 am

So the green ML was drawn befoe V8 passed. Then I drew everything in hindsight. But look at the cirles. Those are energy points where an upsloping and down sloping line cross. Price loves to move to them, as you can see. The dashed lines are warning lines. The red down arrows show how an up sloping that was support becomes resistance. See how price bounces up and down from the 2 ML's. The purple was a modified Schiff line, with a sliding parallel. Not sure if that was the appropriate place to use it.
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Mr. Hyde
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Re: Jekell and Hyde trading

Postby Mr. Hyde » Sat Jan 06, 2018 3:48 am

So lets recap 2017. Yea I was profitable, but that was the only good thing.

Pretty much my 1st year trading with very little education. I was given setups that I looked for to take a trade. I was restricted to only taking the most perfect setups (u will see them in my post). I was taught on dailies and 4hr charts 1st. I liked the idea of stf but never really found my groove.

If I had to grade myself againt the other profitable traders on this site I would get a D+, maybe C-. So the results.

Short term trades. Won about 6.5 out of 10. RR was about 2 to 1.
Long term trades. Won just over 5 out of 10. But the RR was close to 15 to 1.

Now before anyone cries foul. I post loser after loser all the time. Now I assume a lot of the wins I posted were a combination of a slight understanding of what I was doing and luck.

I know I suck at day trading. I see all these amazing scalpers/day traders on here and try to be like them. First it was aiming for Dragon like results (100 pips a day+). Then I realized very quickly I had no chance of doing that day in and day out. Then there was doji, who had a very realistic goal of 20-40 pips a day. The problem was I only understood a part of his methodogly. So I had some big wins and some small losses and then found myself not being able to be consistent or be able to right a trade plan of what I was doing. Then there are still people like TRO (will never achieve his success), Lemac, Alais. That are all amazing day trades who take profits out of the market daily.

That's not me. Thinking I need a certain amount of pips or can trade for a few pips here or there with a random set sl is not me. I will blow my account out. Yea I might make a 400 pips a month, which is 20 pips a day, but I might make that in 2 or 3 trades. So for me waiting is key.

Now long term. The main reasons for losses are a lack of true direction, to small of a sl, not boxing in profits and forcing trades/expecting a setup and trading to early. The good thing is my wins blow my loses out of the water.

Goals for 2018

Learn a repeatable scalping/daytrading method that can be used consistently. I have gone back to Doji thread. There is something about this that just attracts me and I feel is the best path for me.

Long term (and short term). I need to learn how to read market structure/PA. My trading is simply based off of very basic setups that have to be near perfect. Yea I may have made a profit this year but who knows about this one or the next. look/read the post of the vets here and they have a deep understanding of what price is going to do. They know when to exit for a quick gain when price is in a range. Then they also know when to add to a trade/when price is going to S/R. Just look at how DC will hold a simple 123 for a 100 pips or Doji will get 200 plus. And these mother lovers call them scalpers.

Then there are traders like Jala, Bredin (and the other Insanity guys) and MO. They know when price has ran out of energy one way and will reverse and do this on 4hr and up charts. They know where to hedge, add profits and how to use angles.

So I know the majority of traders on here learned how to trade from this site, but I know for me to better myself I need to learn the basics. And when I say basics, I don't mean MO 101 zlines. Not even 100 trading basics. I need helmet wearing, short bus riding education. Where are sell/buy orders, swing low/highs, price failures, trends, changes of behavior, understanding what a candle means when its a small candle, wide range war, closed in the top/bottom third of the candle, good separation, congestion, BO's, S/D.

So over the next, however long I'm going to be compiling post from here and idea's from my normal places (joe ross, median lines and basic trade setups). I will hand chart evey market I watch on the daily, weekly and monthlies. I assume/hope that the actuall drawing of the bar will force me to interept the bar itself and the structure of the market, instead of just letting a computer do it for me.

My goals overall will be to get my intraday trades up a 70-80% win rate with at least a 2 to 1, hopefully 3 to 1. Long term, if I won over 60% and kept my RR at or over 15 to 1 I would be happy.

Also for those who are new or are still not profitable, my biggest recommendation is to some how get someone that can teach you live (not over a forum). Yes there are amazing traders/ideas/post on this site. But if a member was able to trader with direct contact with a trader it would make a huge improvement. I can speak from expierence. When you can ask the why, who, what, where and when a trade did or didn't work out it will build itself in to you. So you wont hesisitate, or question yourself when you should be taking action.



Well I think that's it for now. Lets get those zero's this year.
Last edited by Mr. Hyde on Sat Jan 06, 2018 6:09 am, edited 2 times in total.

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Re: Jekell and Hyde trading

Postby Mr. Hyde » Mon Jan 08, 2018 9:39 am

Mr. Hyde wrote:So the green ML was drawn befoe V8 passed. Then I drew everything in hindsight. But look at the cirles. Those are energy points where an upsloping and down sloping line cross. Price loves to move to them, as you can see. The dashed lines are warning lines. The red down arrows show how an up sloping that was support becomes resistance. See how price bounces up and down from the 2 ML's. The purple was a modified Schiff line, with a sliding parallel. Not sure if that was the appropriate place to use it.


Thinking this modified Schiff (thick purple) is better. Still learning.
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Re: Jekell and Hyde trading

Postby Mira » Mon Jan 08, 2018 9:56 am

Mr. Hyde wrote:So lets recap 2017. Yea I was profitable, but that was the only good thing.

Pretty much my 1st year trading with very little education. I was given setups that I looked for to take a trade. I was restricted to only taking the most perfect setups (u will see them in my post). I was taught on dailies and 4hr charts 1st. I liked the idea of stf but never really found my groove.

If I had to grade myself againt the other profitable traders on this site I would get a D+, maybe C-. So the results.

Short term trades. Won about 6.5 out of 10. RR was about 2 to 1.
Long term trades. Won just over 5 out of 10. But the RR was close to 15 to 1.

Now before anyone cries foul. I post loser after loser all the time. Now I assume a lot of the wins I posted were a combination of a slight understanding of what I was doing and luck.

I know I suck at day trading. I see all these amazing scalpers/day traders on here and try to be like them. First it was aiming for Dragon like results (100 pips a day+). Then I realized very quickly I had no chance of doing that day in and day out. Then there was doji, who had a very realistic goal of 20-40 pips a day. The problem was I only understood a part of his methodogly. So I had some big wins and some small losses and then found myself not being able to be consistent or be able to right a trade plan of what I was doing. Then there are still people like TRO (will never achieve his success), Lemac, Alais. That are all amazing day trades who take profits out of the market daily.

That's not me. Thinking I need a certain amount of pips or can trade for a few pips here or there with a random set sl is not me. I will blow my account out. Yea I might make a 400 pips a month, which is 20 pips a day, but I might make that in 2 or 3 trades. So for me waiting is key.

Now long term. The main reasons for losses are a lack of true direction, to small of a sl, not boxing in profits and forcing trades/expecting a setup and trading to early. The good thing is my wins blow my loses out of the water.

Goals for 2018

Learn a repeatable scalping/daytrading method that can be used consistently. I have gone back to Doji thread. There is something about this that just attracts me and I feel is the best path for me.

Long term (and short term). I need to learn how to read market structure/PA. My trading is simply based off of very basic setups that have to be near perfect. Yea I may have made a profit this year but who knows about this one or the next. look/read the post of the vets here and they have a deep understanding of what price is going to do. They know when to exit for a quick gain when price is in a range. Then they also know when to add to a trade/when price is going to S/R. Just look at how DC will hold a simple 123 for a 100 pips or Doji will get 200 plus. And these mother lovers call them scalpers.

Then there are traders like Jala, Bredin (and the other Insanity guys) and MO. They know when price has ran out of energy one way and will reverse and do this on 4hr and up charts. They know where to hedge, add profits and how to use angles.

So I know the majority of traders on here learned how to trade from this site, but I know for me to better myself I need to learn the basics. And when I say basics, I don't mean MO 101 zlines. Not even 100 trading basics. I need helmet wearing, short bus riding education. Where are sell/buy orders, swing low/highs, price failures, trends, changes of behavior, understanding what a candle means when its a small candle, wide range war, closed in the top/bottom third of the candle, good separation, congestion, BO's, S/D.

So over the next, however long I'm going to be compiling post from here and idea's from my normal places (joe ross, median lines and basic trade setups). I will hand chart evey market I watch on the daily, weekly and monthlies. I assume/hope that the actuall drawing of the bar will force me to interept the bar itself and the structure of the market, instead of just letting a computer do it for me.

My goals overall will be to get my intraday trades up a 70-80% win rate with at least a 2 to 1, hopefully 3 to 1. Long term, if I won over 60% and kept my RR at or over 15 to 1 I would be happy.

Also for those who are new or are still not profitable, my biggest recommendation is to some how get someone that can teach you live (not over a forum). Yes there are amazing traders/ideas/post on this site. But if a member was able to trader with direct contact with a trader it would make a huge improvement. I can speak from expierence. When you can ask the why, who, what, where and when a trade did or didn't work out it will build itself in to you. So you wont hesisitate, or question yourself when you should be taking action.



Well I think that's it for now. Lets get those zero's this year.


Your charts are beautiful Mr. Hyde!
IMHO if you apply EIGHTS to your ideas you’re going to drain the banks.

The new MO’s method is so simple that I don’t know what I did for 100+ pages on my thread :lol:
BTW you can apply EIGHTS to your trading style too.
__________ THE :smt096 IS A LIE__________

Mr. Hyde
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Re: Jekell and Hyde trading

Postby Mr. Hyde » Mon Jan 08, 2018 10:12 am

Mira wrote:
Mr. Hyde wrote:So lets recap 2017. Yea I was profitable, but that was the only good thing.

Pretty much my 1st year trading with very little education. I was given setups that I looked for to take a trade. I was restricted to only taking the most perfect setups (u will see them in my post). I was taught on dailies and 4hr charts 1st. I liked the idea of stf but never really found my groove.

If I had to grade myself againt the other profitable traders on this site I would get a D+, maybe C-. So the results.

Short term trades. Won about 6.5 out of 10. RR was about 2 to 1.
Long term trades. Won just over 5 out of 10. But the RR was close to 15 to 1.

Now before anyone cries foul. I post loser after loser all the time. Now I assume a lot of the wins I posted were a combination of a slight understanding of what I was doing and luck.

I know I suck at day trading. I see all these amazing scalpers/day traders on here and try to be like them. First it was aiming for Dragon like results (100 pips a day+). Then I realized very quickly I had no chance of doing that day in and day out. Then there was doji, who had a very realistic goal of 20-40 pips a day. The problem was I only understood a part of his methodogly. So I had some big wins and some small losses and then found myself not being able to be consistent or be able to right a trade plan of what I was doing. Then there are still people like TRO (will never achieve his success), Lemac, Alais. That are all amazing day trades who take profits out of the market daily.

That's not me. Thinking I need a certain amount of pips or can trade for a few pips here or there with a random set sl is not me. I will blow my account out. Yea I might make a 400 pips a month, which is 20 pips a day, but I might make that in 2 or 3 trades. So for me waiting is key.

Now long term. The main reasons for losses are a lack of true direction, to small of a sl, not boxing in profits and forcing trades/expecting a setup and trading to early. The good thing is my wins blow my loses out of the water.

Goals for 2018

Learn a repeatable scalping/daytrading method that can be used consistently. I have gone back to Doji thread. There is something about this that just attracts me and I feel is the best path for me.

Long term (and short term). I need to learn how to read market structure/PA. My trading is simply based off of very basic setups that have to be near perfect. Yea I may have made a profit this year but who knows about this one or the next. look/read the post of the vets here and they have a deep understanding of what price is going to do. They know when to exit for a quick gain when price is in a range. Then they also know when to add to a trade/when price is going to S/R. Just look at how DC will hold a simple 123 for a 100 pips or Doji will get 200 plus. And these mother lovers call them scalpers.

Then there are traders like Jala, Bredin (and the other Insanity guys) and MO. They know when price has ran out of energy one way and will reverse and do this on 4hr and up charts. They know where to hedge, add profits and how to use angles.

So I know the majority of traders on here learned how to trade from this site, but I know for me to better myself I need to learn the basics. And when I say basics, I don't mean MO 101 zlines. Not even 100 trading basics. I need helmet wearing, short bus riding education. Where are sell/buy orders, swing low/highs, price failures, trends, changes of behavior, understanding what a candle means when its a small candle, wide range war, closed in the top/bottom third of the candle, good separation, congestion, BO's, S/D.

So over the next, however long I'm going to be compiling post from here and idea's from my normal places (joe ross, median lines and basic trade setups). I will hand chart evey market I watch on the daily, weekly and monthlies. I assume/hope that the actuall drawing of the bar will force me to interept the bar itself and the structure of the market, instead of just letting a computer do it for me.

My goals overall will be to get my intraday trades up a 70-80% win rate with at least a 2 to 1, hopefully 3 to 1. Long term, if I won over 60% and kept my RR at or over 15 to 1 I would be happy.

Also for those who are new or are still not profitable, my biggest recommendation is to some how get someone that can teach you live (not over a forum). Yes there are amazing traders/ideas/post on this site. But if a member was able to trader with direct contact with a trader it would make a huge improvement. I can speak from expierence. When you can ask the why, who, what, where and when a trade did or didn't work out it will build itself in to you. So you wont hesisitate, or question yourself when you should be taking action.



Well I think that's it for now. Lets get those zero's this year.


Your charts are beautiful Mr. Hyde!
IMHO if you apply EIGHTS to your ideas you’re going to drain the banks.

The new MO’s method is so simple that I don’t know what I did for 100+ pages on my thread :lol:
BTW you can apply EIGHTS to your trading style too.


Thanks Mira. Now if the only made me more money.

I thought eights were so last year, um I mean 2016. Thought the new MM was making lines. Yea one of these days I will spend the time and effort to learn a MM besides SL/TP. But still working on just being profitable and actually understanding PA.

Mr. Hyde
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Re: Jekell and Hyde trading

Postby Mr. Hyde » Mon Jan 08, 2018 11:18 am

MightyOne wrote:I know that it looks hard, but if you take it step by step and reuse angles (13-18* or simply 15*)
& you know the basics of using median lines to project the other side of your channels then it
is actually quite easy for anyone to do.

All of these angles are 15*:

GBPUSDproM15.png



Reuse angles. Check. Know basics of median lines. I think check. Take it step by step. Im guessing cut through a break out then find its opposite. If so then check. One day I will get this.

Mr. Hyde
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Re: Jekell and Hyde trading

Postby Mr. Hyde » Mon Jan 08, 2018 11:53 am

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