ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jul 03, 2015 5:13 am

What time is it?

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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 Goonslinger » Fri Jul 03, 2015 7:43 am

MightyOne wrote:
In a perfect world everyone would trade Futures, but that would require even smaller contract sizes and free data.

Shame, shame.


Do you know of any good resources where I can learn more or is it similar to spot FX?
"So let it be written; so let it be done."

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jul 03, 2015 1:26 pm

Scalper acct went from $437 to 467 over last few weeks taking small wins.

Last night while sleeping this happened.

Screenshot_2015-07-03-08-23-30.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 Jul 03, 2015 6:45 pm

Since playing my hand @"swing" trading the last few months my acct is in it's worst shape EVER.
Worst realized P/L I have EVER had.

In the past for many years I would act the fool and have a big loss then spend the next 4-6mo. chipping away and scalping my way back @ 1/10th to 1/50th the lot size I used to lose it.

The last 2 big losses and most recent steady drain have not been recovered AND the account has had a steady leak.

This is because Im not taking profit when I see it and Im also trying to "let my winners run"

The jist.
Swing traders MUST trade with the trend.
Scalpers can do any damn thing they want.

Also, I must NOT leave open orders in the market if SCALPING h1 charts or lower
It just doesnt make sense to try doing it without seeing the price action leading up to my entry/add.

Im down, Im almost out,
I feel like s**t for ignoring the hand my opponent shows me.
Battle Cry!
10 cents.......TO INFINITY AND BEYOND!!!!!!

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Last edited by prochargedmopar on Fri Jul 03, 2015 6:51 pm, 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

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jul 03, 2015 6:50 pm

Here is a perfect example on Aud/Usd of how NOT to trade.
Bottom pickers beware:

Level OUT!

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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 Jul 03, 2015 7:13 pm

The beautiful thing about MACRO scalping will be I'm able to "grab profit when I see it".

YEAH!!! Woooohoooooo!!

I sure feel happy for being so damn depressed. (and believe me, I'm *censored - swear word* pissed)
LOL
Friggin Kreslik's like an AA meeting.

Macro scalping WITH the trend.....yep.
No more smarty pants for me.
Time to do it.

Here is an example of the ONLY way I trade.
M1/W1 trend is up.
Daily, I buy blue box with 7.1 pip SL
OR
I wait for an UP bar to print out of the level and buy a "break In".

How can I tell the trend you ask?
TL broken AND one level removed. (123) ;)

That's it. Simplicity.

TwoWaysToGetLong.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 Jul 03, 2015 7:16 pm

prochargedmopar wrote:The beautiful thing about MACRO scalping will be I'm able to "grab profit when I see it".

YEAH!!! Woooohoooooo!!

I sure feel happy for being so damn depressed. (and believe me, I'm *censored - swear word* pissed)
LOL
Friggin Kreslik's like an AA meeting.

Macro scalping WITH the trend.....yep.
No more smarty pants for me.
Time to do it.

Here is an example of the ONLY way I trade.
M1/W1 trend is up.
Daily, I buy blue box with 7.1 pip SL
OR
I wait for an UP bar to print out of the level and buy a "break In".

How can I tell the trend you ask?
TL broken AND one level removed. (123) ;)

That's it. Simplicity.

TwoWaysToGetLong.png



Keep in mind that if the blue box gets broken (spike through) along with a bar close BELOW the trendline that does NOT mean I have to sell the new supply created at the highs when price retests......NOPE,
Not if Monthly and Weekly charts are still in an UP trend.
#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 Jul 03, 2015 7:35 pm

Here are the 9 pairs I will be trading using the Daily Macro scalper duck game on the ProchargedMT4 account.
I feel this is a pretty good mix of pairs without too much redundancy.

AJ will be used on my scalper account (primary) with h4/h1/m15 in the same fashion.

Off to have some weekend fun celebrating our captivity as U.S. citizens.
:shock:

Pairs.png
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Last edited by prochargedmopar on Fri Jul 03, 2015 9:17 pm, 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

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jul 03, 2015 7:46 pm

I corrected my latest trendline on AN DAily chart.

Edit:
Two of those demand levels can also be adjusted so there is NOT too much trading (compression)
to the left of where the box is placed.

TLCorrection.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 Jul 03, 2015 7:58 pm

I like these blue levels better,
8.1 pip SL and 10-12 pip TP

I'll have to re-assess weekly chart by the time the lower levels come into play if price does not break higher.


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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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