ProchargedMopar's Trading Trilogy

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prochargedmopar
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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
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 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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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!
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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
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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
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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 » Tue Sep 29, 2015 3:04 am

400 pips in one day. Ok.

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

Postby MightyOne » Tue Sep 29, 2015 2:34 pm

Yes, price will move thousands of pips, but NOT in one week and certainly not in one day!

Don't make the exception the rule, target price levels within reason.

EURNZDecnM30.png
EURNZDecnM30.png (25.04 KiB) Viewed 300 times


I have TRO2015_MO_CRASH_ZONES set to the daily chart only.
My only other indicators are:
TRO2014_HTBL_ZONE
&
TRO2014_ATR_GUAGE

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue Sep 29, 2015 4:15 pm

MightyOne wrote:Yes, price will move thousands of pips, but NOT in one week and certainly not in one day!

Don't make the exception the rule, target price levels within reason.

EURNZDecnM30.png


I have TRO2015_MO_CRASH_ZONES set to the daily chart only.
My only other indicators are:
TRO2014_HTBL_ZONE
&
TRO2014_ATR_GUAGE


So what happened to perfect opens?
#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 » Tue Sep 29, 2015 4:40 pm

So what happened to perfect opens?


That is just the style of chart that I use; previous close = open price.

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue Sep 29, 2015 4:58 pm

MightyOne wrote:
So what happened to perfect opens?


That is just the style of chart that I use; previous close = open price.


Like on Oanda fxtrade when you specify hide empty candles?
If there is a gap it turns it into a large candle.
#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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