Never Lose Again

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 784
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 328
Gender: Male
Contact:

Postby PTG » Wed Oct 28, 2009 10:54 pm

TheRumpledOne wrote:I guess I am not "smart" enough to understand the MO Zones.

So I'll stick with the RAT ZONES.



Good idea ! :lol:

You should trade what works for you !

I will stick to Supply- and Demand zones. That works for me.
There's no business like [strike]show[/strike] covid19 business.

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

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 784
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 328
Gender: Male
Contact:

Postby PTG » Thu Oct 29, 2009 1:22 am

My First Metatradertrade :shock:
I don't use MT4 to trade, just to see what's up.
Momo down, retrace, momo down --> action !
Put in a short @ 1.47098, s/l 1.47170, t/p 1.46970

Not a trade I would want to take normally because of the low r/r, but I did it anyway. It isn't even the screen I normally work with, I use this template on H4. Stupid of course, I know. It worked though. And no, I won't apply for Yale for several reasons. So spare me the URL :lol:

Image
There's no business like [strike]show[/strike] covid19 business.

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 784
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 328
Gender: Male
Contact:

Postby PTG » Thu Oct 29, 2009 1:31 am

In fact this is a good example of a trade you should NEVER take, because it's selling into a demand zone. What the heck was I doing... Sort of an inverse RAT trade or something, a TAR trade. Can get you feathered, lol

Next time, stick your plan, boss !
There's no business like [strike]show[/strike] covid19 business.

User avatar
Braathen
rank: 500+ posts
rank: 500+ posts
Posts: 615
Joined: Mon Jul 20, 2009 6:21 pm
Reputation: 15
Location: Infront of the PC O_o
Gender: Male

Postby Braathen » Thu Oct 29, 2009 11:04 am

So EU didnt work out for me so i went back to the good old GU and started looking at what had happened after the sharp drop.. took this for 90 pips to get rid of EU losses and get some profit in this week.. been slow.

Image

Also currently short in UJ.. ill stick in a pic of that later..
Great trading PTG.. that sam dude has some good stuff
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 784
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 328
Gender: Male
Contact:

Postby PTG » Thu Oct 29, 2009 11:37 am

Yeah, those video's are very good. The ideas are simple but powerful and put a foundation underneath most things that you can find here. Good stuff indeed :-)
There's no business like [strike]show[/strike] covid19 business.

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

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 784
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 328
Gender: Male
Contact:

Postby PTG » Thu Oct 29, 2009 11:44 am

Oh by the way Braathen, that entry of yours is fantastic !
I was too late for that.
Odds are we're in for a nice profit.

I'm in there long from 1.64444
Later than I wanted (1.6432)
t/p 1.6636, s/l 1.6413

I have another zone drawn from 6416 to 6432
There's no business like [strike]show[/strike] covid19 business.

User avatar
Braathen
rank: 500+ posts
rank: 500+ posts
Posts: 615
Joined: Mon Jul 20, 2009 6:21 pm
Reputation: 15
Location: Infront of the PC O_o
Gender: Male

Postby Braathen » Thu Oct 29, 2009 12:18 pm

PTG wrote:Oh by the way Braathen, that entry of yours is fantastic !
I was too late for that.
Odds are we're in for a nice profit.

I'm in there long from 1.64444
Later than I wanted (1.6432)
t/p 1.6636, s/l 1.6413

I have another zone drawn from 6416 to 6432


Thanks for the reply.. yes i do think i had a good entry but not good enough... im still learning ofc but in hindsight i see it this way..

Image
Nr.0 Sharp drop.. Nr1. base at prev. largest correct in up trend and small rally up. Nr.2 Hits zone and revearse.. anything can happen at this stage..Nr. 3 after hitting back to base zone it travels past prev zone higher and into nothingness.. nr 4 travels back down to base zone 1 more time and thats your perfect entry right there :) If that makes any sense
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

User avatar
aliassmith
rank: 5000+ posts
rank: 5000+ posts
Posts: 5054
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 2846
Gender: Male

Postby aliassmith » Thu Oct 29, 2009 1:12 pm

Trying to dodge the news landmines this week is
difficult. Guess it was a grood time to study some
old charts. :roll:
Trade Your Way as Long as It Makes Money!

User avatar
aliassmith
rank: 5000+ posts
rank: 5000+ posts
Posts: 5054
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 2846
Gender: Male

Postby aliassmith » Thu Oct 29, 2009 1:58 pm

Anyone catch this monster daily trade?

about 300 pips :shock:

That is a dream trade!
Attachments
aliasoct29gudaily.gif
aliasoct29gudaily.gif (16.76 KiB) Viewed 3225 times
Trade Your Way as Long as It Makes Money!

User avatar
Braathen
rank: 500+ posts
rank: 500+ posts
Posts: 615
Joined: Mon Jul 20, 2009 6:21 pm
Reputation: 15
Location: Infront of the PC O_o
Gender: Male

Postby Braathen » Thu Oct 29, 2009 2:16 pm

well alias... as u can see in my icture before im killing myself for closing at 90 when i could have easily bagged 230 :( :( ahh well ;)
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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


Return to “TheRumpledOne”