ProchargedMopar's Trading Trilogy

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TheRumpledOne
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Re: ProchargedMopar's Trading Trilogy

Postby TheRumpledOne » Mon Jun 22, 2015 2:26 pm

audusdh1.png
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SIMPLE!
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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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Mon Jun 22, 2015 4:00 pm

prochargedmopar wrote:The simplicity of the markets continually amaze me.

Dang,
Hooks and horizontal lines.
Astonishing really.



ENTER within space, EXIT on Ross Hooks.

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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Mon Jun 22, 2015 4:09 pm

MightyOne wrote:
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.


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


Here is how that NZDUSD played out:

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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Mon Jun 22, 2015 4:17 pm

I know what you are thinking,

cones...

two ideas about direction...

omg i get it! :)

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Jun 22, 2015 5:26 pm

TheRumpledOne wrote:
audusdh1.png


SIMPLE!


Trading pip for pip. Not good.

Where is your stop?
Not where to take profit but how much/when?
What to do with whipsaw days?
3-5 days of lost profit in a range in one day?
$ for $?

NOT simple.
#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 » Mon Jun 22, 2015 5:28 pm

prochargedmopar wrote:
TheRumpledOne wrote:
audusdh1.png


SIMPLE!


Trading pip for pip. Not good.

Where is your stop?
Not where to take profit but how much/when?
What to do with whipsaw days?
3-5 days of lost profit in a range in one day?
$ for $?

NOT simple.


Reality.

One will never allow the market to run 40-60 or 80 pips on the "trend" days if your always "grabbing what you can" and live by the motto "give none back".
#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 » Mon Jun 22, 2015 5:36 pm

The market is now where I want it.
Making 1's

_20150622_123541.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 » Mon Jun 22, 2015 7:22 pm

Reality.

One will never allow the market to run 40-60 or 80 pips on the "trend" days if your always "grabbing what you can" and live by the motto "give none back".


Right, if you don't know what you are looking for then you will never find it.

You can't say 2+ pips and then point at a 200 pip move; I know it is possible but what truths did you use to get there?

Reality is that you are either taking small pips based on a small chart or big pips based on a big chart...
if you say "I'll wait and see what happens" then you are burning time & burning time means that you are trading a large chart.

We don't cry over missed pips when we are not targeting big pips & even when we are targeting big pips we are always stopping short at a %; we are not taking full moves anyways.

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Jun 22, 2015 8:14 pm

Will be nice to see price get down to .6800 as this will
Give me 300 pips of space to trail my SL.

_20150622_151322.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 prochargedmopar » Mon Jun 22, 2015 8:19 pm

MightyOne wrote:
Reality.

One will never allow the market to run 40-60 or 80 pips on the "trend" days if your always "grabbing what you can" and live by the motto "give none back".


Right, if you don't know what you are looking for then you will never find it.

You can't say 2+ pips and then point at a 200 pip move; I know it is possible but what truths did you use to get there?

Reality is that you are either taking small pips based on a small chart or big pips based on a big chart...
if you say "I'll wait and see what happens" then you are burning time & burning time means that you are trading a large chart.

We don't cry over missed pips when we are not targeting big pips & even when we are targeting big pips we are always stopping short at a %; we are not taking full moves anyways.


Makes sense.
Notice I was up 100+ and 75+ on above chart yet that is not my goal.
#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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