ProchargedMopar's Trading Trilogy

[prochargedmopar]

23 minutes trading. +24.4

It is hell trying not to take reversals when it drops like this....
Took my wife out for B-day dinner so I didn't get back until the middle of the drop......kept thinking it's going up.
Got a couple scalps long but I've got to get it into my head to hold the trend.
The -4 was one that showed 2 pips, didn't take it and it started to tank so I bailed and reversed for +7.8.

You can make a lot of pips scalping if you don't get greedy and accept when you are wrong and get out Immediately.

12153884 EUR/JPY 10 B 133.408 133.462 5.4 5.57 0.00 6/15/2009 21:15 6/15/2009 21:19
12153723 EUR/JPY 10 B 133.414 133.410 -0.4 -0.41 0.00 6/15/2009 21:12 6/15/2009 21:12
12153608 EUR/JPY 10 S 133.471 133.393 7.8 8.05 0.00 6/15/2009 21:10 6/15/2009 21:10
12153573 EUR/JPY 10 B 133.503 133.463 -4 -4.13 0.00 6/15/2009 21:10 6/15/2009 21:10
12152907 EUR/JPY 10 S 134.052 133.902 15 15.42 0.00 6/15/2009 20:57 6/15/2009 21:00
12149752 EUR/USD 10 S 1.37858 1.37852 0.6 0.60 0.00 6/15/2009 18:56 6/15/2009 18:58
Total 60 24.4 25.10 0.00

[pierre23]

Hi Pro, I'll let you in on a very easy way of gaining a few pips at the start of the Asian session

Trade the breakout on EJ. Thats all.. I only trade EJ and GU. You'll find on the EJ it starts to be in a ranging mode before the start of the tokyo open. I notice you like only trading the EJ. For a bit of an extra profit try it. I trade it on the M5. Wait for tokyo open and watch for breakouts and momentum bars. If you see a momo bar you can wait maybe 10pips then enter, because when the breakout happens it goes for a good 10-50pips, even more. If you're in one of these trades I wouldnt let it go against you for any more than 15-20pips... if it does its either going to breakout the opposite direction or you may be looking at a correction but either way get out.

Just watch the charts and see what happens on EJ at the start/during the tokyo open. Of course, this isnt only what I trade, but its ridiculously easy to bank a few more dollars.

Oh, if Ej isnt in a ranging mode and it's trending, no worries. Fair chance it could continue with more force the same direction. Just trade WITH it.

Pierre

[prochargedmopar]

London,
Not so good.
Let emotions take control.
Had a couple stops hit and anything over double digits gets me to clicking and clicking.........
-22.7

NY session a little better.
Held the stops down and bailed when required.
Got in the break of e/j long for good pips.
+40.3 .....)


12176990 EUR/JPY 10 B 134.920 135.132 21.2 21.82 0.00 6/16/2009 08:28 6/16/2009 08:30
12176988 EUR/JPY 10 B 134.920 135.132 21.2 21.82 0.00 6/16/2009 08:28 6/16/2009 08:30
12176937 EUR/JPY 10 S 134.910 134.920 -1 -1.03 0.00 6/16/2009 08:26 6/16/2009 08:28
12176938 EUR/JPY 10 S 134.913 134.920 -0.7 -0.72 0.00 6/16/2009 08:26 6/16/2009 08:28
12176925 EUR/JPY 10 B 134.965 134.913 -5.2 -5.36 0.00 6/16/2009 08:26 6/16/2009 08:26
12176692 EUR/JPY 10 B 134.950 134.911 -3.9 -4.02 0.00 6/16/2009 08:21 6/16/2009 08:26
12176671 EUR/JPY 10 B 134.908 134.908 0 0.00 0.00 6/16/2009 08:20 6/16/2009 08:20
12176523 EUR/JPY 10 B 134.782 134.863 8.1 8.35 0.00 6/16/2009 08:14 6/16/2009 08:18
12176291 EUR/JPY 10 S 134.871 134.825 4.6 4.74 0.00 6/16/2009 08:05 6/16/2009 08:06
12176292 EUR/JPY 10 S 134.873 134.825 4.8 4.95 0.00 6/16/2009 08:05 6/16/2009 08:06
12176182 EUR/JPY 10 B 134.958 134.870 -8.8 -9.07 0.00 6/16/2009 08:01 6/16/2009 08:05


12168515 EUR/JPY 10 S 133.669 133.615 5.4 5.60 0.00 6/16/2009 04:09 6/16/2009 04:10
12168516 EUR/JPY 10 S 133.677 133.615 6.2 6.43 0.00 6/16/2009 04:09 6/16/2009 04:10
12168491 EUR/JPY 10 B 133.720 133.668 -5.2 -5.39 0.00 6/16/2009 04:07 6/16/2009 04:08
12168489 EUR/JPY 10 B 133.715 133.668 -4.7 -4.87 0.00 6/16/2009 04:07 6/16/2009 04:08
12168456 EUR/JPY 10 S 133.689 133.710 -2.1 -2.18 0.00 6/16/2009 04:05 6/16/2009 04:07
12168071 EUR/JPY 10 B 133.959 133.818 -14.1 -14.60 0.00 6/16/2009 03:53 6/16/2009 04:02
12167910 EUR/JPY 10 S 133.996 134.010 -1.4 -1.45 0.00 6/16/2009 03:45 6/16/2009 03:49
12167951 EUR/JPY 10 S 134.062 134.010 5.2 5.38 0.00 6/16/2009 03:46 6/16/2009 03:49
12167952 EUR/JPY 10 S 134.048 134.010 3.8 3.93 0.00 6/16/2009 03:47 6/16/2009 03:49
12167835 EUR/JPY 10 S 133.928 134.080 -15.2 -15.73 0.00 6/16/2009 03:44 6/16/2009 03:46
12167705 EUR/JPY 10 B 133.810 133.831 2.1 2.18 0.00 6/16/2009 03:39 6/16/2009 03:40
12166988 EUR/USD 10 B 1.38583 1.38596 1.3 1.30 0.00 6/16/2009 03:19 6/16/2009 03:19


Here's what I was looking at:


I'm going to the "3 and flee" 9 pip stop tomorrow so I don't have to look at double digits. hehe
Risk will equal 2.5%
That means 20 pips a day will get me the 5% account increase I'm after.
Hey, all I'm asking for is 5% a day. That ain't much, Bring it.
LOL

[MightyOne]

You were never down by 3 full losses that is very good.

London,
Not so good.
Let emotions take control.
Had a couple stops hit and anything over double digits gets me to clicking and clicking.........
-22.7

NY session a little better.
Held the stops down and bailed when required.
Got in the break of e/j long for good pips.
+40.3 .....)


12176990 EUR/JPY 10 B 134.920 135.132 21.2 21.82 0.00 6/16/2009 08:28 6/16/2009 08:30
12176988 EUR/JPY 10 B 134.920 135.132 21.2 21.82 0.00 6/16/2009 08:28 6/16/2009 08:30
12176937 EUR/JPY 10 S 134.910 134.920 -1 -1.03 0.00 6/16/2009 08:26 6/16/2009 08:28
12176938 EUR/JPY 10 S 134.913 134.920 -0.7 -0.72 0.00 6/16/2009 08:26 6/16/2009 08:28
12176925 EUR/JPY 10 B 134.965 134.913 -5.2 -5.36 0.00 6/16/2009 08:26 6/16/2009 08:26
12176692 EUR/JPY 10 B 134.950 134.911 -3.9 -4.02 0.00 6/16/2009 08:21 6/16/2009 08:26
12176671 EUR/JPY 10 B 134.908 134.908 0 0.00 0.00 6/16/2009 08:20 6/16/2009 08:20
12176523 EUR/JPY 10 B 134.782 134.863 8.1 8.35 0.00 6/16/2009 08:14 6/16/2009 08:18
12176291 EUR/JPY 10 S 134.871 134.825 4.6 4.74 0.00 6/16/2009 08:05 6/16/2009 08:06
12176292 EUR/JPY 10 S 134.873 134.825 4.8 4.95 0.00 6/16/2009 08:05 6/16/2009 08:06
12176182 EUR/JPY 10 B 134.958 134.870 -8.8 -9.07 0.00 6/16/2009 08:01 6/16/2009 08:05


12168515 EUR/JPY 10 S 133.669 133.615 5.4 5.60 0.00 6/16/2009 04:09 6/16/2009 04:10
12168516 EUR/JPY 10 S 133.677 133.615 6.2 6.43 0.00 6/16/2009 04:09 6/16/2009 04:10
12168491 EUR/JPY 10 B 133.720 133.668 -5.2 -5.39 0.00 6/16/2009 04:07 6/16/2009 04:08
12168489 EUR/JPY 10 B 133.715 133.668 -4.7 -4.87 0.00 6/16/2009 04:07 6/16/2009 04:08
12168456 EUR/JPY 10 S 133.689 133.710 -2.1 -2.18 0.00 6/16/2009 04:05 6/16/2009 04:07
12168071 EUR/JPY 10 B 133.959 133.818 -14.1 -14.60 0.00 6/16/2009 03:53 6/16/2009 04:02
12167910 EUR/JPY 10 S 133.996 134.010 -1.4 -1.45 0.00 6/16/2009 03:45 6/16/2009 03:49
12167951 EUR/JPY 10 S 134.062 134.010 5.2 5.38 0.00 6/16/2009 03:46 6/16/2009 03:49
12167952 EUR/JPY 10 S 134.048 134.010 3.8 3.93 0.00 6/16/2009 03:47 6/16/2009 03:49
12167835 EUR/JPY 10 S 133.928 134.080 -15.2 -15.73 0.00 6/16/2009 03:44 6/16/2009 03:46
12167705 EUR/JPY 10 B 133.810 133.831 2.1 2.18 0.00 6/16/2009 03:39 6/16/2009 03:40
12166988 EUR/USD 10 B 1.38583 1.38596 1.3 1.30 0.00 6/16/2009 03:19 6/16/2009 03:19


Here's what I was looking at:


I'm going to the "3 and flee" 9 pip stop tomorrow so I don't have to look at double digits. hehe
Risk will equal 2.5%
That means 20 pips a day will get me the 5% account increase I'm after.
Hey, all I'm asking for is 5% a day. That ain't much, Bring it.
LOL

[prochargedmopar]

London
1 trade/1 min.
+5.8.

+21.8 total

+20 more on demo after that.

Got kinda wacky NY session.
Changed stop to 9 +spread and got it hit once not wanting to be wrong.
Better to bail when you see the trend has changed than to hold.
I'll try to stay awake next time......

12224776 EUR/JPY 10 S 133.303 133.225 7.8 8.13 0.00 6/17/2009 09:32 6/17/2009 09:33
12224784 EUR/JPY 10 S 133.277 133.225 5.2 5.42 0.00 6/17/2009 09:32 6/17/2009 09:33
12224676 EUR/JPY 10 B 133.220 133.228 0.8 0.83 0.00 6/17/2009 09:30 6/17/2009 09:30
12224674 EUR/JPY 10 B 133.205 133.228 2.3 2.40 0.00 6/17/2009 09:30 6/17/2009 09:30
12224552 EUR/JPY 10 S 133.110 133.212 -10.2 -10.63 0.00 6/17/2009 09:27 6/17/2009 09:30
12224451 EUR/JPY 10 S 133.007 133.070 -6.3 -6.57 0.00 6/17/2009 09:24 6/17/2009 09:25
12224308 EUR/JPY 10 S 133.013 133.030 -1.7 -1.77 0.00 6/17/2009 09:23 6/17/2009 09:23
12224199 EUR/JPY 10 B 132.916 132.951 3.5 3.65 0.00 6/17/2009 09:21 6/17/2009 09:21
12223941 EUR/JPY 10 S 132.908 132.879 2.9 3.03 0.00 6/17/2009 09:18 6/17/2009 09:18
12223844 EUR/JPY 10 S 133.063 133.050 1.3 1.36 0.00 6/17/2009 09:16 6/17/2009 09:16
12223502 EUR/JPY 10 S 132.999 132.945 5.4 5.64 0.00 6/17/2009 09:09 6/17/2009 09:09
12223311 EUR/JPY 10 S 133.032 133.025 0.7 0.73 0.00 6/17/2009 09:05 6/17/2009 09:07
12223383 EUR/JPY 10 S 133.020 133.025 -0.5 -0.52 0.00 6/17/2009 09:06 6/17/2009 09:07
12222906 EUR/JPY 10 S 133.450 133.392 5.8 6.04 0.00 6/17/2009 09:00 6/17/2009 09:01
12222791 EUR/JPY 10 B 133.448 133.434 -1.4 -1.46 0.00 6/17/2009 08:58 6/17/2009 08:59
12209109 EUR/JPY 10 B 134.465 134.523 5.8 6.00 0.00 6/17/2009 03:01 6/17/2009 03:02
Total 160 21.4 22.28 0.00

Oops tried to hit reply and clicked an e/j trade. As soon as I got the open positions box up it said +.8 I closed for +.3... LOL


MightyOne:
Your charts are helping tremendously!!
I see dead people.....LOL

Pierre23,
I've been watching the same thing the last couple weeks.
Been in the trade a few times but either stopped myself out close to b/e or bailed with minimal pips.

I'll be working on hanging in there.
Thanks for the tip.

[prochargedmopar]

I'm not sure how the combo stopping volume is suppose to show the standard 3LZZ semafors?????

They are not only good for reversal's but breaks.
How do we know when a bunch are popping up without both dashboards?

Interesting.
Internal trend line break up.
Nice.

[TheRumpledOne]

Pro... you are getting mixed (again)!!

Put that stuff away, and get back to HORIZONTAL LINES.

I think I need to put you in MAXIMUM SECURITY SOLITARY CONFINEMENT.

[pierre23]

Pro I thnk when an arrow comes up on the 3LZZSV dashboard it means there is a sema as well as a stop volume on the chart within x bars away from eachother, or on the same side (both topside/bottomside) of the candles?? Correct me if I'm wrong tro.

[prochargedmopar]

-1.4 pips today...

Pierre23,
I took the first break after sitting down and then I was kickin myself for selling at support. Something I told myself I will never do again. It hit my stop which set off a tirade of trades.
I think I had like 25 entries in a row that were losses before the first win.
I was -102 pips.

Anyway.
I worked my way back to B/E. Total trade time was about 1.25 hrs.

TRO, I'm hearing ya, just not enacting it.
Not sure what the deal is.

M.O., I was definitely past the -30 limit for the day this time.
errrrrrrrrrrrr.

[pierre23]

Really?... Look at the EJ 5min candle chart, the first 5mins of the opening (asian session) hour it shot down, and the next 3 bars after that shot down too..

I entered short at 133.80 with 10 lots (my minimum amount available to me with my broker) then after confirmation of price heading down I entered again at 133.72 with 20 lots. Immediately heading into a profit of ~25-30pips

I just find it easy money, I look forward to 10am every weekday lol