How to be a MOnster

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
Mira
rank: 1000+ posts
rank: 1000+ posts
Posts: 1729
Joined: Thu Nov 10, 2016 8:37 pm
Reputation: 1608
Gender: None specified
Contact:

Re: How to be a MOnster

Postby Mira » Fri Jun 15, 2018 6:30 am

LeMercenaire wrote:
Mira wrote:I missed a nice French Kiss entry here :x
I'm working on the trading plan to make it fit with the free time that i have: H1 + SD indi + Semafor/Dynamic Fibs could be the final solution.

Can't wait to be back trading, i'm getting GREED :twisted: :lol:

USDCADH1_DOH!.png


You had the backing of a 1-2-3 there as well.


LeM! I don’t see it :(
Could you doodle the chart please?

Thank you much :D
__________ THE :smt096 IS A LIE__________

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3184
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2303
Gender: None specified

Re: How to be a MOnster

Postby LeMercenaire » Fri Jun 15, 2018 7:54 am

Mira wrote:
LeMercenaire wrote:
Mira wrote:I missed a nice French Kiss entry here :x
I'm working on the trading plan to make it fit with the free time that i have: H1 + SD indi + Semafor/Dynamic Fibs could be the final solution.

Can't wait to be back trading, i'm getting GREED :twisted: :lol:

USDCADH1_DOH!.png


You had the backing of a 1-2-3 there as well.


LeM! I don’t see it :(
Could you doodle the chart please?
Thank you much


I was about to post this when it suddenly dawned on me that you may be thinking I am talking about the 1-2-3 pattern that is talked about here on other threads.

If so, then sorry, I'm not. I am talking about what I call the TooSlow 1-2-3 method.

This is what we are using over on the HOLO thread.

Anyway, saying all that and ploughing on regardless, on your chart, we have a new low on the day (H1 bar #1), then the next H1 bar (#2) doesn't make a new low but reverses. We enter as price climbs back up over the open level of bar #2.

InkedUC1-2-3DoodleForMira15thJune18_LIcrop2.jpg
InkedUC1-2-3DoodleForMira15thJune18_LIcrop2.jpg (38 KiB) Viewed 3424 times

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3184
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2303
Gender: None specified

Re: How to be a MOnster

Postby LeMercenaire » Fri Jun 15, 2018 7:59 am

You could also re-enter as price wicked back down and then up again across our entry level (what would be bar #3).

User avatar
Mira
rank: 1000+ posts
rank: 1000+ posts
Posts: 1729
Joined: Thu Nov 10, 2016 8:37 pm
Reputation: 1608
Gender: None specified
Contact:

Re: How to be a MOnster

Postby Mira » Fri Jun 15, 2018 9:57 am

LeMercenaire wrote:
Mira wrote:
LeMercenaire wrote:
You had the backing of a 1-2-3 there as well.


LeM! I don’t see it :(
Could you doodle the chart please?
Thank you much


I was about to post this when it suddenly dawned on me that you may be thinking I am talking about the 1-2-3 pattern that is talked about here on other threads.

If so, then sorry, I'm not. I am talking about what I call the TooSlow 1-2-3 method.

This is what we are using over on the HOLO thread.

Anyway, saying all that and ploughing on regardless, on your chart, we have a new low on the day (H1 bar #1), then the next H1 bar (#2) doesn't make a new low but reverses. We enter as price climbs back up over the open level of bar #2.

InkedUC1-2-3DoodleForMira15thJune18_LIcrop2.jpg



Ahhhh ok finally I got it :D

So, usually, you take the trade before the close of bar #2, is it right?

Very nice pattern by the way, I’m interested :idea:
__________ THE :smt096 IS A LIE__________

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3184
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2303
Gender: None specified

Re: How to be a MOnster

Postby LeMercenaire » Fri Jun 15, 2018 10:13 am

Mira wrote:
LeMercenaire wrote:
Mira wrote:


LeM! I don’t see it :(
Could you doodle the chart please?
Thank you much


I was about to post this when it suddenly dawned on me that you may be thinking I am talking about the 1-2-3 pattern that is talked about here on other threads.

If so, then sorry, I'm not. I am talking about what I call the TooSlow 1-2-3 method.

This is what we are using over on the HOLO thread.

Anyway, saying all that and ploughing on regardless, on your chart, we have a new low on the day (H1 bar #1), then the next H1 bar (#2) doesn't make a new low but reverses. We enter as price climbs back up over the open level of bar #2.

InkedUC1-2-3DoodleForMira15thJune18_LIcrop2.jpg



[i]Ahhhh ok finally I got it[/i] :D

So, usually, you take the trade before the close of bar #2, is it right?

Very nice pattern by the way, I’m interested
:idea:



Yes, the entry is as price crosses the OPEN level of candle #2.

You do not need the candle to close.

Drop over to the HOLO thread sometime and see what we're up to :D

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
Mira
rank: 1000+ posts
rank: 1000+ posts
Posts: 1729
Joined: Thu Nov 10, 2016 8:37 pm
Reputation: 1608
Gender: None specified
Contact:

Re: How to be a MOnster

Postby Mira » Fri Jun 15, 2018 11:01 am

LeMercenaire wrote:
Mira wrote:
LeMercenaire wrote:
LeM! I don’t see it :(
Could you doodle the chart please?
Thank you much


I was about to post this when it suddenly dawned on me that you may be thinking I am talking about the 1-2-3 pattern that is talked about here on other threads.

If so, then sorry, I'm not. I am talking about what I call the TooSlow 1-2-3 method.

This is what we are using over on the HOLO thread.

Anyway, saying all that and ploughing on regardless, on your chart, we have a new low on the day (H1 bar #1), then the next H1 bar (#2) doesn't make a new low but reverses. We enter as price climbs back up over the open level of bar #2.

InkedUC1-2-3DoodleForMira15thJune18_LIcrop2.jpg



[i]Ahhhh ok finally I got it[/i] :D

So, usually, you take the trade before the close of bar #2, is it right?

Very nice pattern by the way, I’m interested
:idea:



Yes, the entry is as price crosses the OPEN level of candle #2.

You do not need the candle to close.

Drop over to the HOLO thread sometime and see what we're up to :D


Thank you Lem! I’m going to do it for sure.

It could be a nice idea to trade D1 charts too, that is what I’d need!
__________ THE :smt096 IS A LIE__________

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3184
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2303
Gender: None specified

Re: How to be a MOnster

Postby LeMercenaire » Fri Jun 15, 2018 2:00 pm

Mira wrote:
LeMercenaire wrote:
Mira wrote:

[i]Ahhhh ok finally I got it[/i] :D

So, usually, you take the trade before the close of bar #2, is it right?

Very nice pattern by the way, I’m interested
:idea:



Yes, the entry is as price crosses the OPEN level of candle #2.

You do not need the candle to close.

Drop over to the HOLO thread sometime and see what we're up to :D


Thank you Lem! I’m going to do it for sure.

It could be a nice idea to trade D1 charts too, that is what I’d need!


I used to run a very similar method back in Fund-Monkey days. I can vouch for it working on the higher time frames. H4 off of Weekly and Daily of of Monthly.

You run it slightly differently but basically the same concept.

I've also been looking at how you can run it on H4 charts off of the H1 indicator.

User avatar
Mira
rank: 1000+ posts
rank: 1000+ posts
Posts: 1729
Joined: Thu Nov 10, 2016 8:37 pm
Reputation: 1608
Gender: None specified
Contact:

Re: How to be a MOnster

Postby Mira » Tue Jun 19, 2018 9:41 am

Everyday better :smt007

No time and setup to adjust the position size here (i'd have added size and trailed the stop closer to the entry), but working with the right MM you don't need more than a 1:1 to reach your goals.

This one was very simple: the entry is always the same, the target was the first breakout around a 1:1 rr. 50% of the range, a broken dynamic fib or an opposite S/D could give you a "better view" sometimes

GA1.png
GA1.png (33.93 KiB) Viewed 3304 times


GA2.png
GA2.png (36.82 KiB) Viewed 3304 times
__________ THE :smt096 IS A LIE__________

User avatar
Leoheart
rank: 150+ posts
rank: 150+ posts
Posts: 446
Joined: Thu Feb 23, 2017 10:54 pm
Reputation: 416
Gender: None specified

Re: How to be a MOnster

Postby Leoheart » Tue Jun 19, 2018 9:49 am

LeMercenaire wrote:
Mira wrote:
LeMercenaire wrote:

Yes, the entry is as price crosses the OPEN level of candle #2.

You do not need the candle to close.

Drop over to the HOLO thread sometime and see what we're up to :D


Thank you Lem! I’m going to do it for sure.

It could be a nice idea to trade D1 charts too, that is what I’d need!


I used to run a very similar method back in Fund-Monkey days. I can vouch for it working on the higher time frames. H4 off of Weekly and Daily of of Monthly.

You run it slightly differently but basically the same concept.

I've also been looking at how you can run it on H4 charts off of the H1 indicator.


Lem, How are you good buddy? Not following here, Care to elaborate?

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3184
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2303
Gender: None specified

Re: How to be a MOnster

Postby LeMercenaire » Tue Jun 19, 2018 11:36 am

Leoheart wrote:
LeMercenaire wrote:
Mira wrote:
Thank you Lem! I’m going to do it for sure.

It could be a nice idea to trade D1 charts too, that is what I’d need!


I used to run a very similar method back in Fund-Monkey days. I can vouch for it working on the higher time frames. H4 off of Weekly and Daily of of Monthly.

You run it slightly differently but basically the same concept.

I've also been looking at how you can run it on H4 charts off of the H1 indicator.


Lem, How are you good buddy? Not following here, Care to elaborate?


Hi Buddy, all good. Sure.

On HOLO, we work off the Day's Highest and Lowest H1 Open levels. We enter the trade down on the m5 (or m15).

What I was saying, is that you can also run a HOLO-variant using the Highest and Lowest H4 Open levels over a Weekly Time Frame...and...

The Highest and Lowest Daily Opens over a Monthly Time Frame.

Running it that way, you enter as price breaks and reverses back over the levels (you don't need any candles to open, you can use a line chart).

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”