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prochargedmopar
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Postby prochargedmopar » Thu Feb 19, 2009 6:19 pm

Here is a MightyOne challenge trade on e/u. Using the m1 time frame. Trade was taken at 1.2683 and closed at 1.2687. Waited for candle to close then scalped quickly. It was taken on the 2nd to last wave up as that price on the last wave was in a candle that had not yet closed.
Image

Sorry, but the open/diff has got to be on my page for now.
Pro

Edit: Maybe I don't, just noticed that when I cranked up my new computer and loaded the indicators I hadn't re-set the times. Hmmmm?
Last edited by prochargedmopar on Thu Feb 19, 2009 6:36 pm, edited 1 time in total.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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cfabian
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Postby cfabian » Thu Feb 19, 2009 6:21 pm

Just sharing a trade from this morning.

Chickened out to stay longer as was starting to retrace a bit... 5 mins later I could have pocketed another 30 at least, for a total of +47

Cheers

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MightyOne
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Postby MightyOne » Thu Feb 19, 2009 7:18 pm

prochargedmopar wrote:Here is a MightyOne challenge trade on e/u. Using the m1 time frame. Trade was taken at 1.2683 and closed at 1.2687. Waited for candle to close then scalped quickly. It was taken on the 2nd to last wave up as that price on the last wave was in a candle that had not yet closed.
Image

Sorry, but the open/diff has got to be on my page for now.
Pro

Edit: Maybe I don't, just noticed that when I cranked up my new computer and loaded the indicators I hadn't re-set the times. Hmmmm?


The rule is that you must trade AWAY from your sit down price only taking short trades if the line is above price. :wink:

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MightyOne
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Postby MightyOne » Thu Feb 19, 2009 7:34 pm

cfabian wrote:Just sharing a trade from this morning.

Chickened out to stay longer as was starting to retrace a bit... 5 mins later I could have pocketed another 30 at least, for a total of +47

Cheers

Image


The last candle to close is the truth and the current candle is the deception.
Base your decisions on the truth and your entries on the deception.

If you only consider candles which have closed (whole pictures) to plan your exits then you will not be deceived so easily.

You put some pips in your pocket :!: and that is always sweet :P

+ Thanks for posting Cfabian +

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prochargedmopar
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Postby prochargedmopar » Thu Feb 19, 2009 7:55 pm

Huh?

The 13th candle back closed long above the line. I took the trade long (buy) at 2683x and closed at 2687x for +4.2 pips. Is that according to rules?
Thanks,
Pro
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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es/pip
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Postby es/pip » Thu Feb 19, 2009 8:02 pm

cfabian wrote:Just sharing a trade from this morning.

Chickened out to stay longer as was starting to retrace a bit... 5 mins later I could have pocketed another 30 at least, for a total of +47

Cheers

Image



nice, i was in that one as well

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MightyOne
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Postby MightyOne » Thu Feb 19, 2009 8:02 pm

prochargedmopar wrote:Huh?

The 13th candle back closed long above the line. I took the trade long (buy) at 2683x and closed at 2687x for +4.2 pips. Is that according to rules?
Thanks,
Pro


:) I was looking at the blue line...

Since it is a 1m chart you only need 0.3333 pips (according to the rules).

Careful though, just taking trades because they tag the other side of line will get you whip-sawed.

What was your plan for exiting had price moved against you?

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Postby TheRumpledOne » Thu Feb 19, 2009 8:12 pm

Image

Remember, higher LOWS mean price moving up and lower HIGHS means price moving down.

I made a multimeter to display the count. I had done this in TradeStation years ago.
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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es/pip
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Postby es/pip » Thu Feb 19, 2009 9:03 pm

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pierre23
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Postby pierre23 » Thu Feb 19, 2009 10:39 pm

Tro, can I ask how the "mindhero" indicator works out it's signals (red/green arrows)?

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