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MightyOne
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Postby MightyOne » Tue Mar 17, 2009 5:36 am

Here is part of a major 202 secret:

Speed increases by two and speed reduces by half.
How do you think I drew that channel that predicted future price so accurately?

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MightyOne
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Postby MightyOne » Tue Mar 17, 2009 5:40 am

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prochargedmopar
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Postby prochargedmopar » Tue Mar 17, 2009 5:48 am

I can go all week without eating sugar or bread.
Meat, veggies, and fruit...Mmmmmmmm
There is no such thing as willpower or being disciplined.
I AM a paleolithic eater.
I just finished a 20rep set of squats with 250# at a weight of 168 and the last 8 reps I had to take 5-8 deep breath's between each rep just to be able to squeak out the next rep.
There is no such thing as will power or discipline.
I AM a fitness fanatic.
A consistently successful trader is by far......One Bad Dude.
I have not yet agreed within my very core to be one. YET.
Or so I read.
I'm working on it.

MightyOne,
So a close beyond the "pivot point" or "whatever zone" of the previous candle determines the investors strength. Bull or bear.
TRO pivots or 1/3 dots would come in handy here?

For me it all seems so simple and everything is black and white, or green and red. lol
It's the Illusory candle that gets me when trading live.
Take away the current candle and it all looks like $$$$$.
What time frame do you recommend for noobs?
I feel the 15m's will be best but get side tracked with the 1m's.
What did you and richie start with when you began.

Went the to movies with the family.
Was thinking.
This is ridiculous. 4 of the 5 time frames had a shi-channel that was trending up. All but the 5m.
I start scalping and lose 50 pips.
All the while the currency went up 100 pips.
Why couldn't I just make sure the trend is up.
Wait till I get a 3 at the bottom of the channel.
Take long trade without a stop.
Wait an hr or two to collect profit.
I told my wife this is not rocket science........She said your right, It's "Rocket psychology".
Doh.
#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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MightyOne
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Postby MightyOne » Tue Mar 17, 2009 5:51 am

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MightyOne
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Postby MightyOne » Tue Mar 17, 2009 7:23 am

prochargedmopar wrote:I can go all week without eating sugar or bread.
Meat, veggies, and fruit...Mmmmmmmm
There is no such thing as willpower or being disciplined.
I AM a paleolithic eater.
I just finished a 20rep set of squats with 250# at a weight of 168 and the last 8 reps I had to take 5-8 deep breath's between each rep just to be able to squeak out the next rep.
There is no such thing as will power or discipline.
I AM a fitness fanatic.
A consistently successful trader is by far......One Bad Dude.
I have not yet agreed within my very core to be one. YET.
Or so I read.
I'm working on it.

MightyOne,
So a close beyond the "pivot point" or "whatever zone" of the previous candle determines the investors strength. Bull or bear.
TRO pivots or 1/3 dots would come in handy here?

For me it all seems so simple and everything is black and white, or green and red. lol
It's the Illusory candle that gets me when trading live.
Take away the current candle and it all looks like $$$$$.
What time frame do you recommend for noobs?
I feel the 15m's will be best but get side tracked with the 1m's.
What did you and richie start with when you began.

Went the to movies with the family.
Was thinking.
This is ridiculous. 4 of the 5 time frames had a shi-channel that was trending up. All but the 5m.
I start scalping and lose 50 pips.
All the while the currency went up 100 pips.
Why couldn't I just make sure the trend is up.
Wait till I get a 3 at the bottom of the channel.
Take long trade without a stop.
Wait an hr or two to collect profit.
I told my wife this is not rocket science........She said your right, It's "Rocket psychology".
Doh.


Do you know how to trade a YEARLY candle?

What about a MONTHLY, WEEKLY, or DAILY candle?

No, I am not suggesting that you trade long term, I am saying that if you know how to trade for 500 pips then you would know how to trade for 5.

Weather you are going for 30 pips or 300 it is all earned in a single candle and that single candle has corrections, but your strategy remains the same; trade in the direction of profit.

Again, whatever candle and whatever time frame you are trading trade in the direction of profit.

Long term traders make money
Short term traders make money
Long term traders make money from the big boys
short term traders make money from long term traders
brokers make money from short term traders :wink:

I guess what I am trying to say is that you cannot see any thing with your face planted on the chart.
Unless you trade via a longer term chart you are just throwing dice around.

That said, my favorite chart is the 13 and 130 minute chart.

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dragon33
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Postby dragon33 » Tue Mar 17, 2009 7:26 am

I think that a lot of people have trobble with closing there positions at the right time.
First thing to do: learn to step in at the right time. If you can't do it keep learning untill you get it.

second thing: grab the 5 pips using the dragon MM untill your account is big enough to increase lotsize. If your trading score is 50/50 go back to demo.

third thing: Stay at the 5 pips with right entry with dragon MM or lower your lotsize and learn to step in at different points with different lotsize.
When you can see the zerolines on the H1 you can step in with a smallone on another M15 zero you take a bigger and so on. On the next zero you close them all.

MO maybe it is interesting to help people with giving the entrypoints from the zero lines those are almost profitable for anyone? I am learning the H4 zerolines but it is not my thing yet. But when i do i can make massif profit.

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prochargedmopar
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Postby prochargedmopar » Tue Mar 17, 2009 8:20 am

Weather you are going for 30 pips or 300 it is all earned in a single candle and that single candle has corrections, but your strategy remains the same; trade in the direction of profit.

This is huge.
Profit target determines timeframe.

Thanks to both for the help.
3.5hrs to NY open. Gotta get some sleep.

dragon33,
MO maybe it is interesting to help people with giving the entry points from the zero lines those are almost profitable for anyone?

I think you guys did a good job with that a couple pages back.
Ya'll and es/pip posting entry's and exit's helps too.

I think I've just got to stay away from the M1 candles. They take all my pips and I'm trying to ride 2-4 candles of a run. Getting into the M1 when it's to large also kicks my butt.
#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 » Tue Mar 17, 2009 10:42 am

not sure if this matters or not

but

i never trade just the m1 and really very rarely use it at all

if i do it is always based of the the m5-m15 zero lines

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es/pip
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Postby es/pip » Tue Mar 17, 2009 11:18 am

who would have ever thought this would happen


not the boys with their stops at b/e

poor guys

:D

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prochargedmopar
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Postby prochargedmopar » Tue Mar 17, 2009 12:40 pm

Not a Z-line trade here.
This is a BuyZone Trade off the open of the hr.
With a market in this condition a 5yo could have seen this trade coming.
+16.9 From 1.4018 Short.

Now,
I left 20 pips on the table, an M1 candle never closed against me but I jumped ship anyway. That cannot be taught, it's all in the head. I know the rules.
M1 close against, get out on next candle for most profit available. Or Scale out according to previous posts.
Lets go lookin for some z-lines now. Got lots of semi-3's......
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#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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