ProchargedMopar's Trading Trilogy

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prochargedmopar
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Postby prochargedmopar » Sat Nov 08, 2014 5:18 pm

aliassmith wrote:
prochargedmopar wrote:1 bar 2 bar 3 bar 4.
Trade 1-2 bars. M.O.

Another way to look at the "downtrend".
All bear channels are bull flags??


Bull trends can have bear channel corrections, but I wouldn't take anything as absolute.

Look up Al Brooks he talks about the different patterns


3 weeks ago or so I finished watching his 36hr 2014 version price action trading course given to me by a friend.
I've watched a few vids 2-3x and I'm currently working through them all again.

Love his method on trading spikes and tight channels.
#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 » Sat Nov 08, 2014 5:30 pm

MightyOne wrote:
prochargedmopar wrote:CRAP,
I have a position (5 of em') from a 1100 pip extreme,
And now you tell me it's going another 1000?
NOT good.
:lol:


Imagine that you go long and make 300 pips.

Now think about how lovely it would be to be short at the
BOx of 0.8400.
Price would either have to move close to or beyond the BOx or you would need several hundred pips of space in order to go short.

You can still take those 8-17 pip gains or buy in the face of long term declines so long as at the end of the day/week/month you are in alignment with the daily/weekly/monthly charts.

That said, I still only target a 57.75-115.5% account gain before considering holding for longer periods of time with a body in the direction of profit:

Image


12- months, 3 successful ideas, 1 zero.


chart doesn't look anything like mine.
Attachments
doesNotCompute.jpg
doesNotCompute.jpg (42.81 KiB) Viewed 2074 times
nuprices.jpg
nuprices.jpg (196.39 KiB) Viewed 2070 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

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aliassmith
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Postby aliassmith » Sat Nov 08, 2014 5:31 pm

:shock:
Last edited by aliassmith on Sat Nov 15, 2014 7:44 pm, edited 1 time in total.
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aliassmith
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Postby aliassmith » Sat Nov 08, 2014 5:50 pm

:shock:
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Last edited by aliassmith on Sat Nov 15, 2014 7:43 pm, edited 1 time in total.
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Postby aliassmith » Sat Nov 08, 2014 5:55 pm

prochargedmopar wrote:
MightyOne wrote:
prochargedmopar wrote:CRAP,
I have a position (5 of em') from a 1100 pip extreme,
And now you tell me it's going another 1000?
NOT good.
:lol:


Imagine that you go long and make 300 pips.

Now think about how lovely it would be to be short at the
BOx of 0.8400.
Price would either have to move close to or beyond the BOx or you would need several hundred pips of space in order to go short.

You can still take those 8-17 pip gains or buy in the face of long term declines so long as at the end of the day/week/month you are in alignment with the daily/weekly/monthly charts.

That said, I still only target a 57.75-115.5% account gain before considering holding for longer periods of time with a body in the direction of profit:

Image


12- months, 3 successful ideas, 1 zero.


chart doesn't look anything like mine.
Last edited by aliassmith on Sat Nov 15, 2014 7:42 pm, edited 1 time in total.
Trade Your Way as Long as It Makes Money!

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prochargedmopar
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Postby prochargedmopar » Sat Nov 08, 2014 8:41 pm

aliassmith wrote:
prochargedmopar wrote:
MightyOne wrote:
prochargedmopar wrote:CRAP,
I have a position (5 of em') from a 1100 pip extreme,
And now you tell me it's going another 1000?
NOT good.
:lol:


Imagine that you go long and make 300 pips.

Now think about how lovely it would be to be short at the
BOx of 0.8400.
Price would either have to move close to or beyond the BOx or you would need several hundred pips of space in order to go short.

You can still take those 8-17 pip gains or buy in the face of long term declines so long as at the end of the day/week/month you are in alignment with the daily/weekly/monthly charts.

That said, I still only target a 57.75-115.5% account gain before considering holding for longer periods of time with a body in the direction of profit:

Image


12- months, 3 successful ideas, 1 zero.


chart doesn't look anything like mine.


HIs chart is back in 2000


OK.
I want to talk current PA.
Tired of looking at historical charts and wishing what I would have done...F that.
Which way is price moving now and how many times/ways can I add.
Adding to LOSERS is a sure way to increase my odds of winning no matter what the pundits say.
Going long N/U or E/U or G/U was ludicrous.
Listening to others and NOT trading what I see will do that to me every time.
;)
:twisted:
#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 » Sat Nov 08, 2014 9:07 pm

aliassmith wrote:
prochargedmopar wrote:
aliassmith wrote:
prochargedmopar wrote:1 bar 2 bar 3 bar 4.
Trade 1-2 bars. M.O.

Another way to look at the "downtrend".
All bear channels are bull flags??


Bull trends can have bear channel corrections, but I wouldn't take anything as absolute.

Look up Al Brooks he talks about the different patterns


3 weeks ago or so I finished watching his 36hr 2014 version price action trading course given to me by a friend.
I've watched a few vids 2-3x and I'm currently working through them all again.

Love his method on trading spikes and tight channels.


https://brookstradingcourse.com/foreign ... breakouts/


:smt023
I like a lot of what he has to say but just like all teachers/mentors,
I disagree with plenty.

Mightyone is pissing me off cuz I cant seem to find anything to disagree with after all these years. He's slippery. Hard to pin down. LOL
But doing as he says is a bitch.
#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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aliassmith
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Postby aliassmith » Sat Nov 08, 2014 9:08 pm

prochargedmopar wrote:
aliassmith wrote:
prochargedmopar wrote:
MightyOne wrote:
prochargedmopar wrote:CRAP,
I have a position (5 of em') from a 1100 pip extreme,
And now you tell me it's going another 1000?
NOT good.
:lol:


Imagine that you go long and make 300 pips.

Now think about how lovely it would be to be short at the
BOx of 0.8400.
Price would either have to move close to or beyond the BOx or you would need several hundred pips of space in order to go short.

You can still take those 8-17 pip gains or buy in the face of long term declines so long as at the end of the day/week/month you are in alignment with the daily/weekly/monthly charts.

That said, I still only target a 57.75-115.5% account gain before considering holding for longer periods of time with a body in the direction of profit:

Image


12- months, 3 successful ideas, 1 zero.


chart doesn't look anything like mine.


HIs chart is back in 2000


OK.
I want to talk current PA.
Tired of looking at historical charts and wishing what I would have done...F that.
Which way is price moving now and how many times/ways can I add.
Adding to LOSERS is a sure way to increase my odds of winning no matter what the pundits say.
Going long N/U or E/U or G/U was ludicrous.
Listening to others and NOT trading what I see will do that to me every time.
;)
:twisted:
Last edited by aliassmith on Sat Nov 15, 2014 7:41 pm, edited 1 time in total.
Trade Your Way as Long as It Makes Money!

User avatar
aliassmith
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rank: 5000+ posts
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Postby aliassmith » Sat Nov 08, 2014 9:29 pm

prochargedmopar wrote:
aliassmith wrote:
prochargedmopar wrote:
aliassmith wrote:
prochargedmopar wrote:1 bar 2 bar 3 bar 4.
Trade 1-2 bars. M.O.

Another way to look at the "downtrend".
All bear channels are bull flags??


Bull trends can have bear channel corrections, but I wouldn't take anything as absolute.

Look up Al Brooks he talks about the different patterns


3 weeks ago or so I finished watching his 36hr 2014 version price action trading course given to me by a friend.
I've watched a few vids 2-3x and I'm currently working through them all again.

Love his method on trading spikes and tight channels.


https://brookstradingcourse.com/foreign ... breakouts/


:smt023
I like a lot of what he has to say but just like all teachers/mentors,
I disagree with plenty.

Mightyone is pissing me off cuz I cant seem to find anything to disagree with after all these years. He's slippery. Hard to pin down. LOL
But doing as he says is a bitch.
Last edited by aliassmith on Sat Nov 15, 2014 7:41 pm, edited 1 time in total.
Trade Your Way as Long as It Makes Money!

User avatar
prochargedmopar
rank: 10000+ posts
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Postby prochargedmopar » Sat Nov 08, 2014 9:32 pm

what is that?
Attachments
NUabove-below-something.jpg
NUabove-below-something.jpg (149.07 KiB) Viewed 2041 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

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