ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 19, 2015 4:59 pm

Supply and Demand live webinar uploaded
Position longer term analysis June 2015
Dear fellow trader,

On today's webinar we went again through the basics of supply and demand's core rules from the 1st post and the free Forex Factory supply and demand trading community. The Realignment/Sequence rules are at the core of the rules set.

Some of you are new to these concepts, make sure you read the posts at Forex Factory and watch some of the latest webinars on the YouTube channel.

You can watch the live webinar recording at this YouTube link
https://www.youtube.com/watch?v=dikv8wRtCag


Most basic rules were covered in this live webinar, we didn't analyze many instruments, since the purpose of the webinar is going through the set of rules, low and high scenarios:

Brent was covered, also the Dollar INdex and USD/JPY

We went over some US shares like Facebook, JP Morgan, EBay and Fedex, were some trades were covered. Rules apply to any kind of instrument, Forex, Shares, Commodities, Indexes

We remembered that a level of demand is valid IF
A) it removes an opposing zone and/or
B) it breaks a trendline in the timeframe you are looking at
C) It has no opposing area to take out and 3:1 or more profit margin

Bull traps fakeouts at all time highs/lows and no close on the bigger timeframes, USD/MXN monthly chart example covered in detail

Defining the trend is crucial, it will determine which is your bias. We have to pay very close attention to it

We only use trendlines and rectangles to assess trend and draw supply and demand imbalances, no need of any fancy indicators

How to mechanically define a trend using supply and demand imbalances

How to use the realignment rules to locate the closest valid imbalance to set and forget a trade

Using 3 months supply and demand imbalances help to make a decision on Monthly imbalances

You can watch the live webinar recording at this YouTube link
https://www.youtube.com/watch?v=dikv8wRtCag

If you see the potential to make money trading but for some reason still can't make money trading then there are other issues at work like trading plan, emotions, a fix set of rules, other traders supporting you, etc. This is where you can get your questions addressed fully & the support from all within the community, it's like a family. If you believe in supply and demand methodology and you're willing to work hard, you will be welcome to join us

Subscribe to Set and Forget's video channel to be notified of the latest videos

Have a great weekend!

Cheers,
Alfonso
#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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 19, 2015 5:36 pm

There is NO good lower Trendline on H4 AU.

HmmmmAU.png
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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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 19, 2015 5:48 pm

NZD is just a weak piece of s**t against EVERYthing.
What is going on over there?
Anyone read the news?

WeakPiecenzd.png
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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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 19, 2015 6:05 pm

http://www.forexfactory.com/showthread.php?t=428204

I scroll through the first couple posts of this thread then I think to myself,
Insanity.
Rules upon rules.
Endlessness.

Price moves up and down, that's it.

And most of us go through all this "learning" for what?
What are we really looking for?

Forget this, I'm going to do some weightlifting.
Crazy.
#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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Re: ProchargedMopar's Trading Trilogy

Postby Goonslinger » Fri Jun 19, 2015 7:12 pm

prochargedmopar wrote:http://www.forexfactory.com/showthread.php?t=428204

I scroll through the first couple posts of this thread then I think to myself,
Insanity.
Rules upon rules.
Endlessness.

Price moves up and down, that's it.

And most of us go through all this "learning" for what?
What are we really looking for?

Forget this, I'm going to do some weightlifting.
Crazy.


I didn't read through the entire post, but from what I gather it just looks like ZL's and exiting at extremes.
"So let it be written; so let it be done."

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 19, 2015 7:51 pm

prochargedmopar wrote:Maybe I'll get 20, maybe I wont.

[hment=0]maybe20.png[/attachment]



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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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 19, 2015 9:46 pm

Tp hit 6 min before market close.

_20150619_160318.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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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Sat Jun 20, 2015 12:42 pm

prochargedmopar wrote:http://www.forexfactory.com/showthread.php?t=428204

I scroll through the first couple posts of this thread then I think to myself,
Insanity.
Rules upon rules.
Endlessness.

Price moves up and down, that's it.

And most of us go through all this "learning" for what?
What are we really looking for?

Forget this, I'm going to do some weightlifting.
Crazy.


Of everything that I have learned over the years I only use a handful of things on
a daily basis: horizontal lines, bodies, wicks, cones, & truths.


NZDUSDM15.png
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Cones are never perfect, as you see them in books, they always move in a sawing motion.

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sat Jun 20, 2015 2:08 pm

SAme Price Action,
off to a funeral......

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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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sat Jun 20, 2015 2:17 pm

Which way should I trail my SL?

Lets see.

WhichWay.png
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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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