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ProchargedMopar's Trading Trilogy
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- prochargedmopar
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Last edited by prochargedmopar on Wed Jul 03, 2013 4:36 am, 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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
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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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
prochargedmopar wrote:Works on tester..... 1511 trades with few "losses".
http://screencast.com/t/lI1mNr8dj
Works in live market too.
http://screencast.com/t/oYRpnjROS3
One thing I don't understand in your method is how you set your TP and SL (which seems to fit perfectly AUDJPY)... TP 6 pips and SL 35 pips, is that correct?
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
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joksa44 wrote:Hi pro!
Could you please explain the method that you use in this kind of trading? What is the rules for enter end exit?
Thanks in advance!
Basic of Macd3, hopper, and years of watching price.
https://www.dropbox.com/s/7umbwavdfravf ... 20plan.png
Just remember, rules are a "guide" for discretionary traders.
#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
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.
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- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
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onontsira wrote:prochargedmopar wrote:Works on tester..... 1511 trades with few "losses".
http://screencast.com/t/lI1mNr8dj
Works in live market too.
http://screencast.com/t/oYRpnjROS3
One thing I don't understand in your method is how you set your TP and SL (which seems to fit perfectly AUDJPY)... TP 6 pips and SL 35 pips, is that correct?
When using the fxtester yes. But live NO.
There is no-one on earth who can tell you when to take profit or where to put your stop.
You believe differently than I or anyone else.
You must look at the chart and match up what you believe is possible with what the chart is telling you.
A 20 sec audio clip of "Chris Lori" on AJ trading.
https://www.dropbox.com/s/rj8vsvzi1wisv ... one%21.wav
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
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On this m5 chart of AJ,
Could you make $?
Where would you enter?
Where would YOU put your stop?
When would YOU take profit?
Maybe none of the above.
Only YOU know.
I bought @63, and was out at 69.
Still holding a long from yesterday too.
Could you make $?
Where would you enter?
Where would YOU put your stop?
When would YOU take profit?
Maybe none of the above.
Only YOU know.
I bought @63, and was out at 69.
Still holding a long from yesterday too.
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- make__money.png (26.04 KiB) Viewed 3848 times
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
prochargedmopar wrote:onontsira wrote:prochargedmopar wrote:Works on tester..... 1511 trades with few "losses".
http://screencast.com/t/lI1mNr8dj
Works in live market too.
http://screencast.com/t/oYRpnjROS3
One thing I don't understand in your method is how you set your TP and SL (which seems to fit perfectly AUDJPY)... TP 6 pips and SL 35 pips, is that correct?
When using the fxtester yes. But live NO.
There is no-one on earth who can tell you when to take profit or where to put your stop.
You believe differently than I or anyone else.
You must look at the chart and match up what you believe is possible with what the chart is telling you.
A 20 sec audio clip of "Chris Lori" on AJ trading.
https://www.dropbox.com/s/rj8vsvzi1wisv ... one%21.wav
Hi Pro,
Thanks for your answer. If no one can predict where I must put my SL and TP, why shouldn't I put it on these levels?... especially if it works ok on tester...
Yesterday, I give it a try (backtest on AUJPY on M5 for approx. 50 days), and the result was very positive , sure it was not luck (hundreds of trades)
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
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- Contact:
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
Man, It's good to be able to post on Kreslik again.
Was Lost and empty for a few years.
hehehe
Was Lost and empty for a few years.
hehehe
#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
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.
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