ProchargedMopar's Trading Trilogy

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MightyOne
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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Sun Sep 27, 2015 10:58 pm

prochargedmopar wrote:
With profit, with color from 1.5 months ago


I need to start using multimeters more often :lol:

EURNZDecnDaily.png
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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Sep 28, 2015 3:41 am

MightyOne wrote:
prochargedmopar wrote:
With profit, with color from 1.5 months ago


I need to start using multimeters more often :lol:

EURNZDecnDaily.png


The h1 charts are so jumpy and m5.
I just dont see it without scalping.
Daily focus gets lost. Weekly is out the window.
#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 » Mon Sep 28, 2015 3:42 am

btw,
What is that squiggly doing below the h1 on your sig. Emblem?
Last edited by prochargedmopar on Mon Sep 28, 2015 3:49 am, 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 » Mon Sep 28, 2015 3:48 am

MightyOne wrote:Trade off of price extremes in the direction of the bodies, it is as simple as that.

H4 closes higher than something, bias is long.

H4 closes red, but not lower, bias is long.

Over time I found that 'trends' are nothing more than range expansions, large charts are nothing more than their extremes, &
that price can only move down from the high extreme or up from the low extreme...a hundred or hundreds of pips.

Bodies show the way by closing over 'something'

Although orders are placed according to horizontal lines, money is made with ideas of statistical significance...like limiting your losses :lol:

Personally, I just take two long term points and watch M5, M30/H1, D1.
I consider the weekly median range as well as daily potential.
I trade within space according to the direction of profit.


Range traders.
Hmmff
#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 Sep 28, 2015 4:22 am

Took 1 entry out,
3mps to go.

Screenshot_2015-09-27-23-22-05.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 » Mon Sep 28, 2015 2:38 pm

How is it I can make 5 macro pips pretty easy but not 8?
I really need to be making 10+ macros a pop.

Screenshot_2015-09-28-09-36-47.png
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#1BODY in direction of profit #2INCREASE lot size Obsessively
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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Mon Sep 28, 2015 3:44 pm

How is it I can make 5 macro pips pretty easy but not 8?
I really need to be making 10+ macros a pop.


It is not called "Macro Scalping" for no reason :lol:

As I said in a prev. post you need to secure pips & lock in profits.

I would use a maximum of 80 pip stops and look for 4-6 macros.

When you make a large number of pips it is only going to be with 1/4 to 1/2 of your position
so that 480 pip gain is only going to be 12-24 macros.

When scalping w/ BZ or WZ you would do the same thing:
8 pip stop, enter with a stop-limit order, target 4-6 pips, & maybe catch a longer run with a smaller size.

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Sep 28, 2015 10:59 pm

MightyOne wrote:
How is it I can make 5 macro pips pretty easy but not 8?
I really need to be making 10+ macros a pop.


It is not called "Macro Scalping" for no reason :lol:

As I said in a prev. post you need to secure pips & lock in profits.

I would use a maximum of 80 pip stops and look for 4-6 macros.

8 pip stop, enter with a stop-limit order, target 4-6 pips, & maybe catch a longer run with a smaller size.


IF I SEE A 2 OR 3:1 SETUP I WILL BUMP TP HIGHER.

Screenshot_2015-09-28-17-55-43.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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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue Sep 29, 2015 2:19 am

Yes, this is a monthly eur/gbp that has played out BUT the chart looks very similar to the one of EN that was posted above by M.O.

_20150928_211935.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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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue Sep 29, 2015 2:38 am

He says, EN resistance but NO supply.
Buys @ blue level of demand.

_20150928_213756.JPG
_20150928_213756.JPG (108.32 KiB) Viewed 480 times
Last edited by prochargedmopar on Tue Sep 29, 2015 3:04 am, 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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