ProchargedMopar's Trading Trilogy

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prochargedmopar
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Postby prochargedmopar » Wed Mar 31, 2010 2:34 pm

Not doing to well with the Dark slate rat today.

I do NOT see any selling pressure.
I see area's where buying eased, but NO selling.
Man.

Image

Let me tell you, it's been like pulling teeth shorting into that........
Guess I should have traded u/chf instead.

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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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prochargedmopar
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Postby prochargedmopar » Wed Mar 31, 2010 2:41 pm

yeah, that would have been sweet.

How do I wrap my mind around it? How do I go with the trend?
This has got to be easy, If I can sit there going short in uptrend and still make profit, it has got to be possible to do it the other way too.

I'll be a monkey's uncle. Look at this.

Image
#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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Postby prochargedmopar » Wed Mar 31, 2010 2:48 pm

Now we are making some progress dag nab it.

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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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prochargedmopar
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Postby prochargedmopar » Wed Mar 31, 2010 10:14 pm

I shorted e/u yesterday all the way to the top.
IF I would have looked at the higher time frame chart (H4) at least I would have KNOWN with much higher probability which way to trade. (or not).

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Final trade results while sleeping. A +31

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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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prochargedmopar
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Postby prochargedmopar » Wed Mar 31, 2010 10:49 pm

This is COOL.

I've got buying power!!! Look at the neat little chart.

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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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Postby prochargedmopar » Thu Apr 01, 2010 12:55 am

Trying to pick tops is killing me and doubly NOT holding once I finally get it.

Shorted e/u all the way up.
-1 cent but paid the broker for letting me have all that fun.
LOL

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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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Postby newschool » Thu Apr 01, 2010 1:17 am

prochargedmopar wrote:Trying to pick tops is killing me and doubly NOT holding once I finally get it.


Why not pick middles?

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Postby PTG » Thu Apr 01, 2010 1:35 am

I am short the EU from 1.3558. My first profit target has been reached and I have a free trade now with some profit already banked.

You don't TRY to pick tops, you just DO it.

Sometimes it fails, sometimes it doesn't.

When it fails, the investment lost is limited, or you might miss a trade by one pip.

When it doesn't, your profits can be gigantic depending on how you manage your trades.

What does this take ? You have to do what nobody else wants to do. You buy low and sell high. You go against the herd.

I love it.
There's no business like [strike]show[/strike] covid19 business.

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Postby PTG » Thu Apr 01, 2010 1:38 am

newschool wrote:
prochargedmopar wrote:Trying to pick tops is killing me and doubly NOT holding once I finally get it.


Why not pick middles?


Why not be part of the 95% who lose ?
There's no business like [strike]show[/strike] covid19 business.

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Postby prochargedmopar » Thu Apr 01, 2010 1:57 am

Hmmmmmm,

My new and updated indicators for month of April.

Image

If we get a break of 00 and a retest, I'm going short.
And yes, I do agree PTG, picking tops/bottoms keeps stops very small and the reward much higher, IF, a big IF you hold for profit.
#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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