Never Lose Again

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prochargedmopar
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Postby prochargedmopar » Tue Oct 20, 2009 9:48 pm

aliassmith wrote:$100,000 wow that would be about $100 per pip.
You would make a ton of money and then blow the account up :cry:

Plenty of opportunities to make 20 pips a day.

4 chances on GBP/USD in the US Session alone and I showed the
trade on EUR/JPY earlier that moved about 25 pips


You gotta go with history so your lack of confidence is understood.

Your mistaken though, It's only $10 per pip with a 10,000 pip cushion.

20-30 pips a day is 2-3 hundred per day.
Compound account accordingly.
Patron should be payed back in a year or so.
LOL

Hey, it's ok to dream. Gotta start some where.
Like, $1000 and 10 cent pips. hehehehehe
The only option at this point.
#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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rowdy
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Postby rowdy » Tue Oct 20, 2009 10:36 pm

prochargedmopar wrote:See what I mean,
Demo trading is tooooooo easy.

M5 rat reverse (red guy this time)

See profit??

Image

Looky here, I can even hold for a few more pips through a pullback....no green candles. close it at +20.....
Doh,

Image

Can't wait till I get my head together so I can do this live....hehehehe


EDIT!!
I FIGURED OUT HOW TO DO IT.

Using 10 cent pips with a $1000 account would be like trading demo, 10,000 pips to spare.
Well then,
So to a $10,000 account with $1 pips.
And also a $100,000 account with $10 pips.

All I need now is somebody to loan me $100,000 to $250,000 and I can retire tomorrow.

LOL


No, problem pro. I can set you up right now. Just give me your paypal account info and I will get right on it.
The interest on the loan will be %3750 compounded nanosecondly.
All I need is Supply and Demand

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TheRumpledOne
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Postby TheRumpledOne » Tue Oct 20, 2009 11:04 pm

OK... LET'S GET BACK TO TRADING!
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.

jcelano
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More ZLines

Postby jcelano » Tue Oct 20, 2009 11:09 pm

:wink:
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Please Please Please Give me your input

Postby jcelano » Tue Oct 20, 2009 11:56 pm

Messing about with Zlines and Triangles and I took this trade just a few minutes ago.

My question is: Does this make sense to anyone else but me? I know what I see but I need a bit of assistance in determining if I'm seeing what I want to see or if it's there...

I drew the Triangle Lines freehand (no clue what the angles are) from Highs to Lows and took the trade at the yellow X... I got out at the yellow O

Thoughts, critiques, opinions...

Much appreciated!

James :wink:
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Was this just dumb luck?
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prochargedmopar
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Re: Please Please Please Give me your input

Postby prochargedmopar » Wed Oct 21, 2009 1:16 am

jcelano wrote:Messing about with Zlines and Triangles and I took this trade just a few minutes ago.

My question is: Does this make sense to anyone else but me? I know what I see but I need a bit of assistance in determining if I'm seeing what I want to see or if it's there...

I drew the Triangle Lines freehand (no clue what the angles are) from Highs to Lows and took the trade at the yellow X... I got out at the yellow O

Thoughts, critiques, opinions...

Much appreciated!

James :wink:


Lines are leading indicators.
Horizontal or otherwise.

TRO says:
There is no right or wrong, only profitable or unprofitable......

Some traders use trendlines as an entry trigger like you have done here. I don't think it matters that the line is not 15-20 degrees if your just scalping and set tight stops. Just make sure you have at least 3 good touches or more.

Those numbers that MO posted about angles (25/35 channels/trendlines, and 15/20 triangles/wedges) are for market assessments.
The crystal ball/diamond of perception thing.
Just my 2cents.

Maybe I'm way off, he as plenty of opportunity to correct me if I'm wrong.

QUESTION for the profitable.

How do we know where to place the triangle trendlines(15-20 variation) when encasing a double hook pattern??????????????????????????
#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

mthomas
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exit's

Postby mthomas » Wed Oct 21, 2009 6:41 am

Hi Everyone,

Please help me with the exit....The Fibs .....Keep them or get rid of them?

entry was sell @ 14 and took 10 pips profit left some on the table..

Hoping that someone may have a better way to explain to me an exit startegy, post 2 different charts 1 was entry on 14 then 2nd chart is same chart just looking @ the 50 level for exit....Please I mean no disrespect just need help with exits sorry if allready been answered.

Alotofpips
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the entry
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50% exit?
gu 30m 50%.gif (19.5 KiB) Viewed 1232 times

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Braathen
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Postby Braathen » Wed Oct 21, 2009 7:22 am

Crap day yesterday but today started alot better.. again would have been alot better if i had waited about 20 with closing my winner.. ahh well.. up 23 pips for the day.. woot im a happy camper atm!! :) :) Still trying to become a master DoP MO ,,, i better keep drawing ^^

Image


omg its still going strong.. ahh well... no regrets!! no fear!!
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

mthomas
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hindsight

Postby mthomas » Wed Oct 21, 2009 8:01 am

Guys and gals take 2, didnt post this in here last time by mistake..

What did i miss here the %50 pull back was great.... but hind site so should I have paid more attn to the zlines that held 11 and 13 hrs back?

Thanks for the help,
Alotofpips
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Braathen
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Postby Braathen » Wed Oct 21, 2009 8:26 am

hey thomas... this is how i saw it.. i got outa bed too late but still managed to get this.. first short was a chancer and the long became pretty obvious.. i was in late but had a chance at 80 pips.. i ofc only pulled 30.. typical.. :) :) anyway i dunno about paying more attention but if u see something playing up on the higher TF look for entries (momo pullback) on 15m 5m and as ezz/pip shown us the 1m can help too.. example below..

Image

this is ofc only how i saw it and i proberbly missed alot of good info.. just wanted to share :)
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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