TRO TRADING VIDEOS

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Jhx
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Re: TRO TRADING VIDEOS

Postby Jhx » Sun Mar 22, 2020 7:25 pm

TheRumpledOne wrote:Jhx,

Please expand and elaborate a little more on price action as you see it.

The very first time I instantly associated Price Action with all kinds of patterns and nothing else, this is how I'd look at it now:

Price Action = The thing that price does = Moves (can only go up or down)
The only time where it doesn't move is when the market is closed.

"How" does it move?
- It can move faster or slower.
- It can be moving more heavily in one direction or it can be range bound.
- It can make higher highs, higher lows, lower highs, or lower lows.
- It can reverse or breakout from highs or lows.

When I look at the chart I'm looking at compressed data of what price has been doing for that chart's timeframe.

Maybe the best approach to this would be:
- Look left within the chart to look at how price has been moving recently as clues to what price might keep or not keep doing at some levels (Knowing that anything can happen).
- Trade in the direction that price is currently moving (line cross), look at what price is currently doing, and keep note of what price did in the recent historic data.

That's all I can do since I can't predict. Trade knowing what price has been recently doing, and according to what price is currently doing.

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TheRumpledOne
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Re: TRO TRADING VIDEOS

Postby TheRumpledOne » Mon Mar 23, 2020 1:17 am

Jhx wrote:
Price Action = The thing that price does = Moves (can only go up or down)
The only time where it doesn't move is when the market is closed.


I LOVE IT!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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TheRumpledOne
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Re: TRO TRADING VIDEOS

Postby TheRumpledOne » Mon Mar 23, 2020 1:19 am

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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Re: TRO TRADING VIDEOS

Postby LeMercenaire » Mon Mar 23, 2020 8:42 am

Jhx wrote:
TheRumpledOne wrote:Jhx,

Please expand and elaborate a little more on price action as you see it.

The very first time I instantly associated Price Action with all kinds of patterns and nothing else, this is how I'd look at it now:

Price Action = The thing that price does = Moves (can only go up or down)
The only time where it doesn't move is when the market is closed.

"How" does it move?
- It can move faster or slower.
- It can be moving more heavily in one direction or it can be range bound.
- It can make higher highs, higher lows, lower highs, or lower lows.
- It can reverse or breakout from highs or lows.

When I look at the chart I'm looking at compressed data of what price has been doing for that chart's timeframe.

Maybe the best approach to this would be:
- Look left within the chart to look at how price has been moving recently as clues to what price might keep or not keep doing at some levels (Knowing that anything can happen).
- Trade in the direction that price is currently moving (line cross), look at what price is currently doing, and keep note of what price did in the recent historic data.

That's all I can do since I can't predict. Trade knowing what price has been recently doing, and according to what price is currently doing.



Have you had a light-bulb moment?! ;)

Always nice when that happens!

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TheRumpledOne
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Re: TRO TRADING VIDEOS

Postby TheRumpledOne » Mon Mar 23, 2020 3:19 pm

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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Re: TRO TRADING VIDEOS

Postby TheRumpledOne » Tue Mar 24, 2020 12:40 pm

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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Re: TRO TRADING VIDEOS

Postby TheRumpledOne » Tue Mar 24, 2020 12:54 pm

TRO001.png
TRO001.png (45.73 KiB) Viewed 194 times


Price returned to open of big bar!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Re: TRO TRADING VIDEOS

Postby TheRumpledOne » Wed Mar 25, 2020 3:10 pm

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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TheRumpledOne
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Re: TRO TRADING VIDEOS

Postby TheRumpledOne » Thu Mar 26, 2020 12:34 pm

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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Jhx
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Re: TRO TRADING VIDEOS

Postby Jhx » Thu Mar 26, 2020 5:18 pm

Aside from the fact that I missed some trading days due to work-related stuff, I've noticed a (what I consider) a very good improvement on my trading. Maybe it was a mixture of these movements and market conditions with the WalMal method that allowed me to place a few trades within the same trading session, but I'm starting to get the hang of "get what you can".

The best example I can give for this is when price just decides to move heavily in one direction (it just picks up speed and goes). If it were to move fast against me I would just close it, but if it goes my way sometimes that quick move can be 5, 8, 10, 12, 15 pips, whatever. I can't predict but if it doesn't go against me or stall then I can stay. And if it finally stops or starts to go back then I exit. It happens in the moment. With the M1 candles it almost feels like playing a game, gotta be fast with the mouse :lol: .

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