ProchargedMopar's Trading Trilogy

[prochargedmopar]

Now short, tp'd at +18.2 on that one.

Ok, that's enough of the Asian session for me.

[newschool]

Your not trading live pro? Your mt4stats is frozen.

[prochargedmopar]

yes, I'm trading live but with Oanda.
Spreads are to wide with fxdd except on e/u.

Next week I gotta get serious.

I've found out how to limit my abilities of blowing account.
With oanda I set the margin to just above what I want to use as max pip value. This way I'd have to actually log into the website and change it before being able to add or double...........
Maybe by then I'll be "cooled off" a bit.

[newschool]

Next week I gotta get serious.

Find your edge and trade it. Wether you have more wins than losses in %, or you have more profits than SL in pips, you find an edge and you trade it...
I can send you the RSI EA so you will finally see that its actually great at loosing money.

[bredin]

RSI... isnt that indi known as "The Fastest Way To Empty an Account in Known History"?

G.

[bacoazul]

RSI... isnt that indi known as "The Fastest Way To Empty an Account in Known History"?

G.

Only if you combine it with an EMA, lol, just kidding

[prochargedmopar]

You guys do NOT understand how to use an indicator!
If used properly momentum oscillators actually LEAD price.

READ MY SIGNATURE.....


And for the 1000'th time. loose is actually spelled "LOSE".

Who in there right mind would use an oscillator as an overbought/oversold indicator is BEYOND me.

[prochargedmopar]

On 2ND thought, if you really do have an RSI ea that is GUARANTEED to lose money, notice I said "lose", then send it. All I'd have to do is REVERSE the system and be guaranteed to make money. RIGHT?

Oh, and here are a couple hints:
Wave counter,
Price pattern dashboard,
Divergence alerter.

ALL are signals....NEVER a trigger to enter a trade......Send me the ea please.....LOL

[prochargedmopar]

"To win at trading you must know why everyone else is losing. You must know why you lose to understand how everyone else loses. When you know how losing happens, then, and only then, can you execute against the loser to win."

... Jason Alan Jankovsky, The Art of the Trade: What I Learned (and Lost) Trading the Chicago Futures Markets

[jarnapal]

There's nothing wrong with using RSI. Put RSI (4) on your chart, apply blubb's zeroline indicator and put on 15 min chart. Observe the place where RSI is in extremes. You can use it for BO-s too as told in The Long Candle Course.