ProchargedMopar's Trading Trilogy

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Sun Mar 08, 2009 5:58 am

This is what I plan to use for Monday.
I set up split charts for buyzone so I can trade two at a time.

b-clock tro modified version
_tro_linear regression (set to 20 bars)
tro2009_buyzone_bfd
tro2009_multi_meter_candlecolor
candles_m_candles_m
sp_range
tro2009_multi_meter_rangeAvg
tro2009_multi_meter_HL
tro_time_sales
After that plays out each hr. I'll switch to this for scalps:
120/1.0,2.0,3.0 channels and a 20 look back 3.0
Last edited by prochargedmopar on Tue Mar 24, 2009 3:32 pm, edited 3 times 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

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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Mon Mar 09, 2009 2:34 pm

3 Trades/All profit.
Used. .2 lots today as I'm working my way up to 5% risk with a 10 pip catastrophic stop/loss.
Made new rule that I can't lose more than that per day. May Help to keep my losses small so I can continue trading.

Thought I was making double the pips on the first two trades as I did not have the MT4 set to pip value in the trade terminal. (New computer)

I only upped the account a cheezy 3.15% today and my goal is 5%.

Back at it tomorrow.
Last edited by prochargedmopar on Tue Mar 24, 2009 3:33 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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Mon Mar 09, 2009 2:45 pm

BTW,
My minimum dep. is $100 to FXDD.
I will match my earnings when they reach this amount or more until I hit the $2500 mark. Then the account is all on it's own to grow. Thanks MightyOne for the Idea.
#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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Tue Mar 10, 2009 12:20 am

Playing with buyzones this afternoon
E/U and E/J

5 trades= 11.2 pips.
Last edited by prochargedmopar on Tue Mar 24, 2009 3:34 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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Tue Mar 10, 2009 2:11 am

One more trade at 8p and another at 9p.
Total for the evening. 3/9/09
14.8 pips.
No losses!!!!
#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

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

User avatar
noone22
rank: 150+ posts
rank: 150+ posts
Posts: 390
Joined: Tue Aug 05, 2008 4:50 am
Reputation: 0
Gender: None specified

Postby noone22 » Tue Mar 10, 2009 3:04 am

prochargedmopar wrote:Switched (from FXCM) to fxdd


Hi, prochargedmopar
Thank you for sharing your trading experience.

May I ask you a couple of questions:

1) Are you putting orders from under Metatrader or
from broker's trading platform?

2) How long does it take for you to put "sell" (for example) main order?

2a) Are you placing profit-target and stop-loss orders after placing
main "sell" order?
How long does this take?
Is it possible to do so together with placing of main order?

The reason for asking these questions is simple:
I'm new trader, and I know a bit of Tradestation only.
In Tradestation I could pre-set up order placement
and with OCO (order cancel order) technique total time (for me)
to place main order + 2 additional orders (stop-loss and profit-target)
is around 2-3 seconds (I'm not using any automated strategies to place orders - just couldn't delegate such important function to a computer).

Under MetaTrader I cannot find a way of placing all these 3 orders
at once, so the whole process will last for 15-20 seconds at minimum,
because I have to put all 3 orders one by one.

For a scalping trades of 5-10 pips 10-20 seconds sometimes could be more than enough to miss the stop or for profit target to be hit, etc, you know.

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Tue Mar 10, 2009 2:28 pm

Up 4.44% today. I added $100 to match my last 3 days earnings. Could not use the .25 lots with my mini as it wouldn't let me so went with .3
6 trades/1 loss
Last edited by prochargedmopar on Tue Mar 24, 2009 3:34 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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Tue Mar 10, 2009 2:41 pm

Gotta go to bed. I'll answer when I get up. Thanks for your interest.
#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

PINKPANTHER5
rank: 150+ posts
rank: 150+ posts
Posts: 216
Joined: Fri Feb 13, 2009 7:52 pm
Reputation: 0
Gender: Male
Contact:

Postby PINKPANTHER5 » Tue Mar 10, 2009 4:40 pm

How do you guys do it. I tried to use the BZ, but by the time you put entry orders in on both sides, the market already has long moved past one of them. What strategies do you use for speed?

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Tue Mar 10, 2009 9:27 pm

#1
I started placing orders again in MT4 this week.
I like FXCM waaaay better as it's 1-click buy with pre-set TP and SL.
You can also close order in 1-click or close all open orders in 3 click. (right click/close all/Ok button)

FXCM has been yankin my chain lately by freezing.......Not showing profit movement when MT4 chart is moving 2-4 pips or more. It has also been giving me different prices when closing.......slipping me pips.
#2
I do not like MT4.
For MT4 I click "new order" and then instant execution.
If I want to put a stop in I'd have to click,click,click,click,ect the SL box until it is about 8-10 clicks or more away from what ever price is showing. Down buy/up sell.

#3
To set a TP/SL you can also go in and modify order after it is placed. I think they can be pre-set if you have the time but I keep getting an "invalid" box when trying to set both.

From what I understand you have to have a connection for MT4 to be valid and active unlike FXCM. Knowing this I just risk it at this point and try to keep my Stop out at 5pips or less.
I'm scalping.

Any tips you can give me?
When I get to $10-$15 a pip I'm going to MBT or equivalent.
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

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


Return to “TheRumpledOne”