Watching 3 hr long teach the dummy robot webinar from yesterday.
Cant keep eyes open.
Messed up lot size when generating ticks. set base @10,000 per.
Also forgot to up lot size during successive "wins".
73 days traded.
Closed a couple when price came back OR closed on opposite side of MA.
ProchargedMopar's Trading Trilogy
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- prochargedmopar
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Re: ProchargedMopar's Trading Trilogy
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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- aliassmith
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Re: ProchargedMopar's Trading Trilogy
prochargedmopar wrote:Watching 3 hr long teach the dummy robot webinar from yesterday.
Cant keep eyes open.
Messed up lot size when generating ticks. set base @10,000 per.
Also forgot to up lot size during successive "wins".
73 days traded.
Closed a couple when price came back OR closed on opposite side of MA.
73 days trading one pair only. You can watch more on daily
charts. Five charts at 200% gain get you to +0.
Trade Your Way as Long as It Makes Money!
Re: ProchargedMopar's Trading Trilogy
73 days trading one pair only. You can watch more on daily
charts. ...
Alias is right, it is more productive to trade multiple daily charts than it is to wait for signals on a single pair.
It can be stressful to wait for a single daily chart to give you a result, but if you are trading 3, 5, or even 15 pairs
then you will have more bubble gum than you can chew.
Also, notice how doji liquidates at times with ~ a 2 pip loss...you have a 20 pip box and all the time in the wold to
make the same decision that he must make in fractions of a second.
How I use macro pips is I'll set aside a daily risk of 30 macros & trade x number of charts in the background.
Then I'll use Space Wars on 2 or 3 more pairs, accumulating space & possibly combining the gained space to
trade a large chart with size.
After a %target is reached then I can employ the 'Eternal' strategy of liquidate all but (units / 8.34), holding for more
pips; If my current size is $12/pip then I would liquidate all but $1.40/pip at the %target.
- prochargedmopar
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Re: ProchargedMopar's Trading Trilogy
MightyOne wrote:73 days trading one pair only. You can watch more on daily
charts. ...
Alias is right,
Yeah,
I wasn't trying to prove trading one time frame and one pair was the way to go.
Or even that this is a holy grail. NOT.
I was just cementing in my mind that it was a feasible plan of attack.
Taking a random 13 trades which is by no means a tell all,
It would appear that with 5-7 UNcorrelated pairs I can avg over time a trade a day between them.
Looks like most trades take 2-5 days to play out.
Watching 10-15 pairs will do the trick.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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Re: ProchargedMopar's Trading Trilogy
The ema cross alert.
1 period ema set to close.
5 period ema set to open.
No real need for this when trading daily's as all I have to do is look at the charts @7p cst Tallinex OR 11p cst fxtrade
1 period ema set to close.
5 period ema set to open.
No real need for this when trading daily's as all I have to do is look at the charts @7p cst Tallinex OR 11p cst fxtrade
#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
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
AJ 1H scalping chart.
4 buys, 4 sells, + one yet to be determined candle.
You might guess that I went long Friday taking a gamble.
It's not turning out too good.
Broke both rules:
Lot size too big (cumulative)
Traded against the current Trend.
Added to a trade showing a loss.
Scalping and I just don't mix.
No daily setups as of yet.
7pm and 11pm I will look again @ the charts.
4 buys, 4 sells, + one yet to be determined candle.
You might guess that I went long Friday taking a gamble.
It's not turning out too good.
Broke both rules:
Lot size too big (cumulative)
Traded against the current Trend.
Added to a trade showing a loss.
Scalping and I just don't mix.
No daily setups as of yet.
7pm and 11pm I will look again @ the charts.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- aliassmith
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Re: ProchargedMopar's Trading Trilogy
prochargedmopar wrote:AJ 1H scalping chart.
4 buys, 4 sells, + one yet to be determined candle.
You might guess that I went long Friday taking a gamble.
It's not turning out too good.
Broke both rules:
Lot size too big (cumulative)
Traded against the current Trend.
Added to a trade showing a loss.
Scalping and I just don't mix.
No daily setups as of yet.
7pm and 11pm I will look again @ the charts.
And there u have it. You know what you shouldn't do and
you did it anyways. That 4% risked on a daily macro
Pip scalp would of served you better.
Trade Your Way as Long as It Makes Money!
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Re: ProchargedMopar's Trading Trilogy
4 trades trying to set up:
#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
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
Candle close above ma @11pm cst so I bought.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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Re: ProchargedMopar's Trading Trilogy
Also bought nzdcad but I just closed it @b/e cuz it wasnt a legit setup.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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