ProchargedMopar's Trading Trilogy

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pierre23
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Postby pierre23 » Tue May 05, 2009 11:17 pm

Well that could be one of the most useful alerts ever made for the people using Psych line trading :D

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prochargedmopar
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Postby prochargedmopar » Wed May 06, 2009 1:35 am

blubbb,
NOT following my 2 rules.

#1 H1,D1 candle color

#2 Horizontal line entry

How hard can it be?????


Doesn't TRO already have a pshyco trade MPMM that show's pips till entry, profit loss, last 2 candle colors, ect..

I appreciate the indy.
I think that I'm good because I'm ONLY trading 1 currency "mostly" so I don't need it at this time.
I will definitely add it to the stack though.
Your z-line indy and double alert will come in handy later when I get a handle on trading as a whole. I like those.
Thanks blubbb
#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 pierre23 » Wed May 06, 2009 1:53 am

Pro, what currency are you trading? I'm mainly trade the EJ, did you take the 25 psych short this hour? 100pips right there. I managed 32, but because I was using double lots on my live accnt I saw it stalling and took my profit. Puts me at +96.6p/+$132/+13.2% so far today. Helps after a decent hit to the accnt last night with 2 stupid trades.

Just got to minimize losses and work on the profitable trades. It's getting easier the more I trade, because I can start to see my winners are usually much larger than a loss I could have had, but let run which turned into a bigger loss.

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TheRumpledOne
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Postby TheRumpledOne » Wed May 06, 2009 6:45 am

Pro:

Remember, 2 trades per hour?

Guess what... YOU JUST GOT ANOTHER MONTH OF TRADING HORIZONTAL LINES ADDED TO YOUR SENTENCE.

So for the rest of May and June, you'll be staring at the same chart.

Or does this mean till the end of July?

When you will learn, Pro?
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.

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prochargedmopar
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Postby prochargedmopar » Wed May 06, 2009 1:42 pm

TRO, I think you are sentencing me to freedom.
The longer I do this the better I'll get, the better I get the more pips I'll make.

Asian session I took a trade just as I walked out the door for work, it went bad so I had to "get some back".
That's weak.
This is basically (1) trade/hedge/reversal. -6.2
I was 15 min late for work.

I WILL EAT THAT LOSS YOUR HIGHNESS.

EUR/JPY 19 B 130.346 130.504 15.8 30.52 0.00 5/5/2009 22:24 5/5/2009 22:29
EUR/JPY 19 B 130.361 130.504 14.3 27.63 0.00 5/5/2009 22:24 5/5/2009 22:29
EUR/JPY 19 S 130.209 130.348 -13.9 -26.87 0.00 5/5/2009 22:23 5/5/2009 22:24
EUR/JPY 19 S 130.153 130.315 -16.2 -31.32 0.00 5/5/2009 22:19 5/5/2009 22:24
EUR/JPY 19 B 130.272 130.247 -2.5 -4.83 0.00 5/5/2009 22:15 5/5/2009 22:23
EUR/JPY 19 B 130.292 130.253 -3.9 -7.54 0.00 5/5/2009 22:21 5/5/2009 22:23
EUR/JPY 19 S 130.258 130.256 0.2 0.39 0.00 5/5/2009 21:41 5/5/2009 21:42
-6.2 -11.78 0.00
Last edited by prochargedmopar on Sat May 09, 2009 3:31 am, edited 2 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

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Postby prochargedmopar » Wed May 06, 2009 2:17 pm

NY Session:
+32

First trade I got in and out to soon. So I got back in.
The next 4 I got jumpy for some reason and lost them all. 1 hedge.
The last two were by the BOOK.
SEE that profit, though I did get in late as it blew past my trigger finger.

Tomorrow I'm going to do handstand holds while humming to get some blood to my brain. LOL
Maybe that will get me into a meditative state before trading......Gotta try something.

TRO gratuity fund: $431.88 + 60.80 = $492.68
OH SO CLOSE!!!!!!!!!!!!!

EUR/JPY 19 S 132.061 132.037 2.4 4.62 0.00 5/6/2009 09:14 5/6/2009 09:14
EUR/JPY 19 B 131.651 132.051 40 76.89 0.00 5/6/2009 08:17 5/6/2009 08:22
EUR/JPY 19 S 131.582 131.640 -5.8 -11.17 0.00 5/6/2009 08:18 5/6/2009 08:18
EUR/JPY 19 B 131.650 131.615 -3.5 -6.75 0.00 5/6/2009 08:17 5/6/2009 08:17
EUR/JPY 19 B 131.747 131.727 -2 -3.85 0.00 5/6/2009 08:16 5/6/2009 08:16
EUR/JPY 19 B 131.785 131.724 -6.1 -11.75 0.00 5/6/2009 08:15 5/6/2009 08:16
EUR/JPY 19 B 131.105 131.168 6.3 12.15 0.00 5/6/2009 08:02 5/6/2009 08:04
EUR/JPY 19 B 131.039 131.046 0.7 1.35 0.00 5/6/2009 07:59 5/6/2009 08:01
32 60.80
#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 Sentenced Again!! Payroll Denied

Postby oldmangeezer » Wed May 06, 2009 2:33 pm

TRO,

Do you think new people who start should use this method before using DTB?
(Should get our pirate sea legs first LOL)

1 Hour Chart
1 Currency Pair
Use 00, 25, 50, 75 psych lines
Limit 2 trades per hour

If I'm missing any rules can you add them?

Can you add a template for the chart you posted on the previous page those that want to begin using this also?

Maybe Pirate DTB School LOL

Class 101 - prochargedmopar (4 semesters LOL)
Class 201 - DTB with Training wheels
Class 301 - DTB without Training Wheels
Class 401 - Pirate Graduation
This is where you receive your authentic DTB Pirate Graduation Hat

TRO is in the link below showing off his finest collection of Pirate Hats:

Pirate Hats

If you fail you will have to spend the rest of you voyage with this guy:

Pirate Jokes

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prochargedmopar
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Postby prochargedmopar » Wed May 06, 2009 4:34 pm

That's funny oldmangeezer.

Yes, Don't forget the D1 candle color in class 100.
What about buzzards in 102?

If you fail, you walk the plank.

Rules of thumb:
REMEMBER, THIS IS SCALPING, DO NOT BE GREEDY!!

ALWAYS TRADE WITH H1 CANDLE COLOR

TRADING WITH D1 CANDLE COLOR IS SAFER THAN TRADING AGAINST

ONLY ENTER REVERSAL TRADES ON BAR 4 OR MORE OF A RUN

ONLY ENTER BREAK TRADES ON BAR 2 OF A RUN WHEN PRICE IS AT
THE HIGHEST HIGH OR LOWEST LOW OF THE PREVIOUS 3 BARS

ALWAYS CHECK THE NEWS EVERY HOUR BEFORE TRADING
#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 May 06, 2009 4:57 pm

oldmangeezer,

Gave me the idea,
tomorrow I will add
"PIRATES DRAIN THE BANKS SCHOOL 101"
to my stockhideout.com chart.

That will be funny.
#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

oldmangeezer
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Bars Question

Postby oldmangeezer » Wed May 06, 2009 5:44 pm

prochargedmopar,

Could you explain Bar 2 and Bar 4 in your trading rules?

Thanks

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