ProchargedMopar's Trading Trilogy

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prochargedmopar
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Postby prochargedmopar » Mon Nov 10, 2014 4:43 pm

Re-wire!!

By focusing on #3

Saw +55 on 5 positions, just added a 6th.

EU, GU, and UJ all bounced perfectly off the levels I had marked in above posts.
:roll:
Ho-Hum.
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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 » Mon Nov 10, 2014 5:15 pm

Still closing above something in my book.
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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 MightyOne » Mon Nov 10, 2014 6:36 pm

You are correct that the larger trend is above something, but don't let that get in the way of trading what you see.

Trading a daily candle is like end of day homework.
During the day you may have several tasks (smaller charts) but at the end of the day you have to reset your position to make your stop trail the large chart extremes.

It is not a Ken Roberts 'keep buying every x number of points' strategy

It is more like day trading while thinking about what you need in terms of long term staying power.

While it is not wrong to continue to hold with a solid position I'd recommend considering all of your options before making that decision.

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Postby prochargedmopar » Mon Nov 10, 2014 6:50 pm

I'm shorting UJ here:
Bout 80 pips of space.
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UJShort.jpg
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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 » Mon Nov 10, 2014 6:54 pm

MightyOne wrote:You are correct that the larger trend is above something, but don't let that get in the way of trading what you see.

Trading a daily candle is like end of day homework.
During the day you may have several tasks (smaller charts) but at the end of the day you have to reset your position to make your stop trail the large chart extremes.

It is not a Ken Roberts 'keep buying every x number of points' strategy

It is more like day trading while thinking about what you need in terms of long term staying power.

While it is not wrong to continue to hold with a solid position I'd recommend considering all of your options before making that decision.

Image


Hmmmmm
Sometimes I get an Idea, then get a little overzealous, that is for sure.
And then definitely do not trade what I see currently happening.
#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 » Tue Nov 11, 2014 3:20 pm

Added a little before bed.
I had another order to add more while sleeping.
Missed ZL by a touch
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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 » Tue Nov 11, 2014 3:30 pm

btw,
UJ hit 100ish pip SL on a very small starter entry.
#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 » Tue Nov 11, 2014 3:53 pm

Glad I had a stop.
Yikes.
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above.yes.jpg
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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 » Tue Nov 11, 2014 4:09 pm

Took a "secret" scalp on UJ after the small loss.
Now looking for below something to take a swing.
:twisted:
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UJ late night scalp.jpg
UJ late night scalp.jpg (139.39 KiB) Viewed 160 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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Postby prochargedmopar » Tue Nov 11, 2014 4:26 pm

Trading is Fun, Fun, Fun!!!
I love it.
So is Weightlifting.....Oh what a feeling.

What did Swartzenegger say??
Like coming. hahah
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ThisBitch.jpg
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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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