The idea's we trade by, so we never lose again. p2. The students become the masters

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pablo101
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby pablo101 » Wed Sep 16, 2020 4:43 am

Mr. Hyde wrote:
pablo101 wrote:
Mr. Hyde wrote:
Want to walk me through a trade. Or how you start placing your lines. Also when you have price at opposiong lines, which wins or are you neutral? thanks


I just wait for a 15 or 30 min momentum candle from the lines which closes over a previous HL or LH. Then trade the retrace. For that trade SL 5p and took 13. Dragon belly and fib extension exit.

I just eyeball the lines on a HTF and use that angle on the STF.

About a 81% win rate but should be higher if I didn't mess 10% of the trades by not closing out earlier and entering too early (not waiting until 50% retrace at least).

EDIT: I am just saying it is very difficult for me to look at horizontal lines now, it just looks unnatural and angles seem more fluid to me.


Damn that's a thing of beauty. I would kill for a 80% win rate. And you got some nice RR there to. Your killing it man. How long have you been trading like this.


Since the start of the plandemic!

Kid is going to school soon and will be staying at grannies. Going to have time to chuck on some serious cheddar real soon.
WAS A YALE STUDENT. Now? Let's see!

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby pablo101 » Wed Sep 16, 2020 5:24 am

Mr. Hyde wrote:4 out of 5 hit 6R. Just look for them at extremes. Even better when there is divergence. Could have made 23 R in just 3 days off one pair. Stop stuggling and start making money.


This is lovely. So simple.

How do you calc your fibs and what's the exit playbook? Alias and your trades seem to favor the 6R, just coincides with an extreme?

And I take it that it doesn't matter if it is a pin, just any "pointy bit" is ok?
WAS A YALE STUDENT. Now? Let's see!

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby pablo101 » Wed Sep 16, 2020 7:26 am

Stumbled on this today. +4.9,+3.3. Done for the day in less than 10 mins.

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mr. Hyde » Wed Sep 16, 2020 1:14 pm

pablo101 wrote:
Mr. Hyde wrote:4 out of 5 hit 6R. Just look for them at extremes. Even better when there is divergence. Could have made 23 R in just 3 days off one pair. Stop stuggling and start making money.


This is lovely. So simple.

How do you calc your fibs and what's the exit playbook? Alias and your trades seem to favor the 6R, just coincides with an extreme?

And I take it that it doesn't matter if it is a pin, just any "pointy bit" is ok?


The fib calc is 1 for sl, .5 for entry 0 for 1R, -.5 for 2r etc. I look for a min of 2R and then look at the htf for exit points that make sense. Any pointy bit is def valid especially if its at a valid price level. That's the key. I don't just trade them blindly, they have to be at a key level.

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mr. Hyde » Wed Sep 16, 2020 1:15 pm

pablo101 wrote:Stumbled on this today. +4.9,+3.3. Done for the day in less than 10 mins.

s1.png

s2.png


You are a beast. True scalping right there. I envy you.

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mr. Hyde » Wed Sep 16, 2020 1:23 pm

Mr. Hyde wrote:4 out of 5 hit 6R. Just look for them at extremes. Even better when there is divergence. Could have made 23 R in just 3 days off one pair. Stop stuggling and start making money.


Its to freaking easy. Do not make trading hard.
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mr. Hyde » Wed Sep 16, 2020 1:35 pm

Deadhorse long, pinbar short. Look how we used the S/R as a key level. IF YOU ARE NOT PROFITABLE PLEASE POST!!!! The only reason I post on Kreslik is to steal ideas from better traders then myself and to help others as I have been helped here. No one is gonna care if you suck at trading or post something stupid. Take a chance. You could be making tens or hundreds of thousands of dollars a month trading. You have some of the best traders ever on kreslik freely posting and offering help. TAKE THE OPPURTUNITY!!!!
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mr. Hyde » Wed Sep 16, 2020 1:36 pm

Not every trade is going to double your account. Simple rising wedge. Only made me 2.5R.
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mr. Hyde » Wed Sep 16, 2020 1:43 pm

Mr. Hyde wrote:Currently in short 80.70, sl 80.95. But could see the potential long. Need to break 80.30


You lose some and you win some. And your wins crush your loses.another 10x trade
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mr. Hyde » Wed Sep 16, 2020 1:47 pm

Mr. Hyde wrote:Anyone still use angles. any comments or suggestions.


Pin bar. At a key level. Trade inside of a trade. Orginal trae up 3R. Took 3R profit on this.
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