ProchargedMopar's Trading Trilogy

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prochargedmopar
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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
Screenshot_2015-09-27-23-22-05.png (154.43 KiB) Viewed 255 times
#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 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!
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 2:38 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
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 3:04 am

400 pips in one day. Ok.

Screenshot_2015-09-28-22-03-17.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 » 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 373 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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