How to be a MOnster

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Mira
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Re: How to be a MOnster

Postby Mira » Mon Feb 05, 2018 11:35 pm

Maybe I’m understanding something.

MO was right, trying to hold into a trade is worthless at this stage.
The trade always starts from a pattern and ends with a breakout, and so on.

ATM I’m studying a way to send a push notification to my phone when a pair is around a price level and then I’d use my phone or my pc, if I have access to it, to decide if taking the trade or not.

The problem is that I’m struggling because I need a way to receive price levels signals in the most automated way, that’s not easy.
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Re: How to be a MOnster

Postby prochargedmopar » Tue Feb 06, 2018 2:28 am

MightyOne wrote:
Pjort wrote:...Or maybee just countlesd hours spend here trying to understand MOs sixth and Tro rat Lines and Reading all your enthusiastic chart question...


TRO RAT LINES: 20 pips from the extreme, green candle, red candle, go short #-o

I haven't talked about sixes is years...and years and years :lol:

I tell people what to read (2 or 3 pages) and then they go trying to read the whole thing (thousands of pages).

It is so simple, if you read from here forward then that covers 95% of everything:

abc.png


I’ll bite:
let me read.
#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: How to be a MOnster

Postby forexmoney » Tue Feb 06, 2018 4:03 am

prochargedmopar wrote:
MightyOne wrote:
Pjort wrote:...Or maybee just countlesd hours spend here trying to understand MOs sixth and Tro rat Lines and Reading all your enthusiastic chart question...


TRO RAT LINES: 20 pips from the extreme, green candle, red candle, go short #-o

I haven't talked about sixes is years...and years and years :lol:

I tell people what to read (2 or 3 pages) and then they go trying to read the whole thing (thousands of pages).

It is so simple, if you read from here forward then that covers 95% of everything:

abc.png


I’ll bite:
let me read.

I did not think mo used the rat zones?
the rat zone for life :-D

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Mira
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Re: How to be a MOnster

Postby Mira » Tue Feb 06, 2018 8:34 am

1) The Road Map

It’s not required but I prefer to look for H4 price levels around bigger zones. This helps me to “filter” some entry.

Nothing new: i’m placing a line at the close of a bar that closed over the previous extreme, obviously the bigger timeframe rules and zones like 50%/25%/75% of the range are well accepted.

B1F94683-F2B5-4430-B875-33CBC25ABEE2.png
B1F94683-F2B5-4430-B875-33CBC25ABEE2.png (60.32 KiB) Viewed 4432 times


Then I drop one or two timeframes and I have my supply/demand level -> the line becomes a zone with no specific rules needed about the way to draw it.

269D55E6-B93E-44EE-BE79-18BC557AA038.png
269D55E6-B93E-44EE-BE79-18BC557AA038.png (58.16 KiB) Viewed 4432 times


Since I noticed that S/D Indicators are drawing exactly the same zones that I’d draw by hand I’m using one of them, but I’ll be back on it later.
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Re: How to be a MOnster

Postby Mira » Tue Feb 06, 2018 9:06 am

2) The Entry

After a H4 bar CLOSED I use one of the infinite method to draw a smaller zone. What really matter here are TARGETS.
The way I use as a ‘standard rule’ to avoid mistakes is taking profits arount the ‘2’ of a 1-2-3.
Then it could travel for 500+ pips but it doesn’t matter: ‘2’ is the target.

C7230F6D-7F27-41D0-A26C-256437C75464.png
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Re: How to be a MOnster

Postby Mira » Thu Feb 08, 2018 6:37 pm

Back to trading, this was an easy one

Image

**

Image
Last edited by Mira on Thu Feb 08, 2018 6:48 pm, edited 1 time in total.
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Re: How to be a MOnster

Postby Mira » Thu Feb 08, 2018 6:40 pm

Mmm.. the chart is not visible..
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Re: How to be a MOnster

Postby Mira » Tue Feb 13, 2018 7:07 pm

The board is accessible only from the phone and still there are many bugs too #-o

BTW

In the meantime I’m studying some lagging (I know, I know LOL) because I really need to save some time if I want to trade everyday.

OSCs are horrible so I’m evaluating the idea of using channels with an alert built in. At the moment I’m interested in repainting indicators, I’ll post something when I have it.
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Re: How to be a MOnster

Postby dchappy » Tue Feb 13, 2018 11:03 pm

Mira wrote:Maybe I’m understanding something.

MO was right, trying to hold into a trade is worthless at this stage.
The trade always starts from a pattern and ends with a breakout, and so on.

ATM I’m studying a way to send a push notification to my phone when a pair is around a price level and then I’d use my phone or my pc, if I have access to it, to decide if taking the trade or not.

The problem is that I’m struggling because I need a way to receive price levels signals in the most automated way, that’s not easy.
Mira ,,,this is what I use on my android phone..
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Mira
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Re: How to be a MOnster

Postby Mira » Tue Feb 13, 2018 11:55 pm

dchappy wrote:
Mira wrote:Maybe I’m understanding something.

MO was right, trying to hold into a trade is worthless at this stage.
The trade always starts from a pattern and ends with a breakout, and so on.

ATM I’m studying a way to send a push notification to my phone when a pair is around a price level and then I’d use my phone or my pc, if I have access to it, to decide if taking the trade or not.

The problem is that I’m struggling because I need a way to receive price levels signals in the most automated way, that’s not easy.
Mira ,,,this is what I use on my android phone..



Thanks DC!

I can’t find it on the App Store :smt009
I’m looking for something similar but it’s full of crap.. it’s sad that a platform as MT4 is so limited, adding alerts in the app would be the best solution.
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