ProchargedMopar's Trading Trilogy

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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.

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#1BODY in direction of profit #2INCREASE lot size Obsessively
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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.


8.1-10-12.png
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#1BODY in direction of profit #2INCREASE lot size Obsessively
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jul 03, 2015 8:03 pm

Ok, now I see.
last post.

Weekly demand is waaaaay down there with the red line being a possible flip zone.
Interesting.

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#1BODY in direction of profit #2INCREASE lot size Obsessively
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jul 03, 2015 8:07 pm

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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 8:24 pm

MightyOne wrote:
If your focus is always on a long term chart then you should never miss a large move:
Where your stops are, there your heart shall be also =)

Position <--- weekly stop
Lot Size <--- increase potential profit
Percent <--- watch the money roll in
#1BODY in direction of profit #2INCREASE lot size Obsessively
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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 11:12 pm

My Trading Philosophy
Rules written in stone:

#1 ALWAYS trade in the direction of the trend.
1b. Next higher time frame trend alignment is a bonus

#2 NEVER add to a trade that is showing a loss.
(Either accumulate when in profit or reduce risk when in drawdown)

No ifs, no ands, and no butts (get it?) I said butt. LOL

Being those 2 rules are followed the GOD rule of having NO LARGE LOSSES will be impossible to break.
#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 11:14 pm

I love trading!!!!!!!

#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 » Sat Jul 04, 2015 5:31 am

Hey,
I see this.
Channels and cones not drawn.
Without them drawn I can see them.

With them drawn all my focus was on the cone/channel.
Not Price.

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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 Jul 04, 2015 6:06 am

#2 NEVER add to a trade that is showing a loss.
(Either accumulate when in profit or xxxxxxxxxxxxxxxxxxxxx)


[-o< God answers prayers =D>

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sat Jul 04, 2015 7:33 am

The RRHook from a few weeks ago.

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http://www.tradingeducators.com/trading ... dition575/
#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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