ProchargedMopar's Trading Trilogy

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Tue Jun 02, 2009 11:49 pm

Damn I need psychological help.
I was short this hr a few times and all I've got is 1 pip.
That's the trade I was waiting for, actually took it and then bailed with -3.6.
Then you can see what happened here.
I know where it's going but can not figure out how to get there.
errrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr!!!
I would have been done for the day in 30 min.
WHY!!!!!?????

11678768 EUR/JPY 20 B 136.398 136.403 0.5 1.05 0.00 6/2/2009 19:45 6/2/2009 19:45
11678752 EUR/JPY 20 S 136.395 136.392 0.3 0.63 0.00 6/2/2009 19:44 6/2/2009 19:45
11678739 EUR/JPY 20 B 136.418 136.395 -2.3 -4.82 0.00 6/2/2009 19:43 6/2/2009 19:44
11678565 EUR/JPY 20 S 136.383 136.418 -3.5 -7.33 0.00 6/2/2009 19:39 6/2/2009 19:43
11678444 EUR/JPY 20 S 136.533 136.520 1.3 2.72 0.00 6/2/2009 19:32 6/2/2009 19:33
11678384 EUR/JPY 20 S 136.588 136.565 2.3 4.82 0.00 6/2/2009 19:27 6/2/2009 19:27
11678156 EUR/JPY 20 S 136.723 136.658 6.5 13.61 0.00 6/2/2009 19:07 6/2/2009 19:23
11678331 EUR/JPY 20 S 136.653 136.658 -0.5 -1.05 0.00 6/2/2009 19:21 6/2/2009 19:23
11677811 EUR/JPY 20 S 136.753 136.789 -3.6 -7.53 0.00 6/2/2009 18:40 6/2/2009 19:02
Total 180 1 2.10 0.00


Image
#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

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
razorboy
rank: 500+ posts
rank: 500+ posts
Posts: 627
Joined: Tue Oct 21, 2008 2:06 am
Reputation: 0
Location: Toronto
Gender: None specified
Contact:

Postby razorboy » Wed Jun 03, 2009 1:26 am

Pro,

All I have to say to you is 3-2-1-1 and 3-1-1. Figure that out and you will have all the help you will need

was good for 100 pips short on the EJ this afternoon/evening. More if you worked the ups and downs on the 5 and 15 minute chart at the same time


prochargedmopar wrote:Damn I need psychological help.
I was short this hr a few times and all I've got is 1 pip.
That's the trade I was waiting for, actually took it and then bailed with -3.6.
Then you can see what happened here.
I know where it's going but can not figure out how to get there.
errrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr!!!
I would have been done for the day in 30 min.
WHY!!!!!?????

11678768 EUR/JPY 20 B 136.398 136.403 0.5 1.05 0.00 6/2/2009 19:45 6/2/2009 19:45
11678752 EUR/JPY 20 S 136.395 136.392 0.3 0.63 0.00 6/2/2009 19:44 6/2/2009 19:45
11678739 EUR/JPY 20 B 136.418 136.395 -2.3 -4.82 0.00 6/2/2009 19:43 6/2/2009 19:44
11678565 EUR/JPY 20 S 136.383 136.418 -3.5 -7.33 0.00 6/2/2009 19:39 6/2/2009 19:43
11678444 EUR/JPY 20 S 136.533 136.520 1.3 2.72 0.00 6/2/2009 19:32 6/2/2009 19:33
11678384 EUR/JPY 20 S 136.588 136.565 2.3 4.82 0.00 6/2/2009 19:27 6/2/2009 19:27
11678156 EUR/JPY 20 S 136.723 136.658 6.5 13.61 0.00 6/2/2009 19:07 6/2/2009 19:23
11678331 EUR/JPY 20 S 136.653 136.658 -0.5 -1.05 0.00 6/2/2009 19:21 6/2/2009 19:23
11677811 EUR/JPY 20 S 136.753 136.789 -3.6 -7.53 0.00 6/2/2009 18:40 6/2/2009 19:02
Total 180 1 2.10 0.00


Image
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!

http://thejoshkerbelproject.com/

User avatar
razorboy
rank: 500+ posts
rank: 500+ posts
Posts: 627
Joined: Tue Oct 21, 2008 2:06 am
Reputation: 0
Location: Toronto
Gender: None specified
Contact:

Postby razorboy » Wed Jun 03, 2009 1:37 am

once you figure that pattern out, the only reason you shouldnt pull the trigger on a trade is if you can't make it fit inside your risk profile. - just means you need to wait a little longer for a bigger retrace
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Wed Jun 03, 2009 2:06 am

When my friend had problems like this I told him not to liquidate every thing.

If you are trading 20 micro lots then liquidate 16 and hold 4 for at least 36 pips.

The profit will only amount to ~7 pips, but the benefit is in slowing down the number of entries and getting you accustomed to trading for more pips.

As you feel comfortable you might hold 2/5 then 3/5 etc.

+ 7 pips is better than 1 pip ;)

prochargedmopar wrote:Damn I need psychological help.
I was short this hr a few times and all I've got is 1 pip.
That's the trade I was waiting for, actually took it and then bailed with -3.6.
Then you can see what happened here.
I know where it's going but can not figure out how to get there.
errrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr!!!
I would have been done for the day in 30 min.
WHY!!!!!?????

11678768 EUR/JPY 20 B 136.398 136.403 0.5 1.05 0.00 6/2/2009 19:45 6/2/2009 19:45
11678752 EUR/JPY 20 S 136.395 136.392 0.3 0.63 0.00 6/2/2009 19:44 6/2/2009 19:45
11678739 EUR/JPY 20 B 136.418 136.395 -2.3 -4.82 0.00 6/2/2009 19:43 6/2/2009 19:44
11678565 EUR/JPY 20 S 136.383 136.418 -3.5 -7.33 0.00 6/2/2009 19:39 6/2/2009 19:43
11678444 EUR/JPY 20 S 136.533 136.520 1.3 2.72 0.00 6/2/2009 19:32 6/2/2009 19:33
11678384 EUR/JPY 20 S 136.588 136.565 2.3 4.82 0.00 6/2/2009 19:27 6/2/2009 19:27
11678156 EUR/JPY 20 S 136.723 136.658 6.5 13.61 0.00 6/2/2009 19:07 6/2/2009 19:23
11678331 EUR/JPY 20 S 136.653 136.658 -0.5 -1.05 0.00 6/2/2009 19:21 6/2/2009 19:23
11677811 EUR/JPY 20 S 136.753 136.789 -3.6 -7.53 0.00 6/2/2009 18:40 6/2/2009 19:02
Total 180 1 2.10 0.00


Image

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Wed Jun 03, 2009 2:08 am

-6.5 pips
Scared chittless, unable to hold trades but boy can I let it hit my stop.
The first trade was the one I wanted and didn't hold.
Even had a few more that would have really banked.
When I did get brave and hold I was up 9 and it ended by having it hit my stop. Go figure. Reversed for 3 huge M15 candles.

As usually, charts looked the same as every other day that I sit down.
I'm still the same too as the results speak for themselves.


11680288 EUR/JPY 20 B 136.780 136.807 2.7 5.64 0.00 6/2/2009 21:02 6/2/2009 21:03
11680289 EUR/JPY 20 B 136.773 136.807 3.4 7.11 0.00 6/2/2009 21:02 6/2/2009 21:03
11680239 EUR/JPY 20 S 136.693 136.780 -8.7 -18.19 0.00 6/2/2009 21:00 6/2/2009 21:02
11679880 EUR/JPY 20 B 136.659 136.659 0 0.00 0.00 6/2/2009 20:38 6/2/2009 20:38
11679229 EUR/JPY 20 S 136.353 136.455 -10.2 -21.37 0.00 6/2/2009 20:14 6/2/2009 20:25
11678974 EUR/JPY 20 B 136.425 136.478 5.3 11.10 0.00 6/2/2009 20:00 6/2/2009 20:02
11678768 EUR/JPY 20 B 136.398 136.403 0.5 1.05 0.00 6/2/2009 19:45 6/2/2009 19:45
11678752 EUR/JPY 20 S 136.395 136.392 0.3 0.63 0.00 6/2/2009 19:44 6/2/2009 19:45
11678739 EUR/JPY 20 B 136.418 136.395 -2.3 -4.82 0.00 6/2/2009 19:43 6/2/2009 19:44
11678565 EUR/JPY 20 S 136.383 136.418 -3.5 -7.33 0.00 6/2/2009 19:39 6/2/2009 19:43
11678444 EUR/JPY 20 S 136.533 136.520 1.3 2.72 0.00 6/2/2009 19:32 6/2/2009 19:33
11678384 EUR/JPY 20 S 136.588 136.565 2.3 4.82 0.00 6/2/2009 19:27 6/2/2009 19:27
11678156 EUR/JPY 20 S 136.723 136.658 6.5 13.61 0.00 6/2/2009 19:07 6/2/2009 19:23
11678331 EUR/JPY 20 S 136.653 136.658 -0.5 -1.05 0.00 6/2/2009 19:21 6/2/2009 19:23
11677811 EUR/JPY 20 S 136.753 136.789 -3.6 -7.53 0.00 6/2/2009 18:40 6/2/2009 19:02
Total 300 -6.5 -13.61 0.00
#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

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Wed Jun 03, 2009 2:12 am

Just saw ya'lls posts and I will study the 3211, 311 when I get a chance.
Off to work.......
I see what the market is doing.
I've just got to grow 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

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11397
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Wed Jun 03, 2009 2:14 am

Pro... ONE TRADE PER HOUR LONG AND ONE TRADE PER HOUR SHORT.

THAT'S ALL YOU ARE ALLOWED.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Wed Jun 03, 2009 2:17 am

That would help tremendously looking at the results I have here.
4 trades a day would be less stressful too.
I might even make them count.
LOL.
#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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Wed Jun 03, 2009 7:34 am

2 trades from london session. +8.9 pips
See TRO.
1 short and 1 long.

11690745 6319022861 EUR/JPY 20 S 137.628 137.575 5.3 11.02 0.00 6/3/2009 03:02 6/3/2009 03:06
11691247 6319022861 EUR/JPY 20 B 137.712 137.748 3.6 7.47 0.00 6/3/2009 03:12 6/3/2009 03:20
#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

User avatar
razorboy
rank: 500+ posts
rank: 500+ posts
Posts: 627
Joined: Tue Oct 21, 2008 2:06 am
Reputation: 0
Location: Toronto
Gender: None specified
Contact:

Postby razorboy » Wed Jun 03, 2009 1:45 pm

you obviously arent getting enough info out of your charts!!!!

make them smaller so you can see further back and try to envision previous price behavior - new high before a low? or a new low before a high?

Did a certain level hold? or was it off by just a pip

I'll give you an example. I got a signal to go long - a limit buy on a retrace. It retraced further than I expected, moving a "3" a bit lower - but still in my risk tolerance - but it changed the sequence of events as the 3 -1 -1 pattern was broken and that typically PA that may unfold if the level was held may not........So I got out at the 23.6 percent retrace area rather than hold............

and it sank like a stone afterward. Could this just be a coincidence? Yes, but I'll take a 30ish pip gain over a 25 pip loss any day

There are times to hold and times to fold............how cliche is that Mr-Kenny-rogers-wannabe.....................
prochargedmopar wrote:-6.5 pips
Scared chittless, unable to hold trades but boy can I let it hit my stop.
The first trade was the one I wanted and didn't hold.
Even had a few more that would have really banked.
When I did get brave and hold I was up 9 and it ended by having it hit my stop. Go figure. Reversed for 3 huge M15 candles.

As usually, charts looked the same as every other day that I sit down.
I'm still the same too as the results speak for themselves.


11680288 EUR/JPY 20 B 136.780 136.807 2.7 5.64 0.00 6/2/2009 21:02 6/2/2009 21:03
11680289 EUR/JPY 20 B 136.773 136.807 3.4 7.11 0.00 6/2/2009 21:02 6/2/2009 21:03
11680239 EUR/JPY 20 S 136.693 136.780 -8.7 -18.19 0.00 6/2/2009 21:00 6/2/2009 21:02
11679880 EUR/JPY 20 B 136.659 136.659 0 0.00 0.00 6/2/2009 20:38 6/2/2009 20:38
11679229 EUR/JPY 20 S 136.353 136.455 -10.2 -21.37 0.00 6/2/2009 20:14 6/2/2009 20:25
11678974 EUR/JPY 20 B 136.425 136.478 5.3 11.10 0.00 6/2/2009 20:00 6/2/2009 20:02
11678768 EUR/JPY 20 B 136.398 136.403 0.5 1.05 0.00 6/2/2009 19:45 6/2/2009 19:45
11678752 EUR/JPY 20 S 136.395 136.392 0.3 0.63 0.00 6/2/2009 19:44 6/2/2009 19:45
11678739 EUR/JPY 20 B 136.418 136.395 -2.3 -4.82 0.00 6/2/2009 19:43 6/2/2009 19:44
11678565 EUR/JPY 20 S 136.383 136.418 -3.5 -7.33 0.00 6/2/2009 19:39 6/2/2009 19:43
11678444 EUR/JPY 20 S 136.533 136.520 1.3 2.72 0.00 6/2/2009 19:32 6/2/2009 19:33
11678384 EUR/JPY 20 S 136.588 136.565 2.3 4.82 0.00 6/2/2009 19:27 6/2/2009 19:27
11678156 EUR/JPY 20 S 136.723 136.658 6.5 13.61 0.00 6/2/2009 19:07 6/2/2009 19:23
11678331 EUR/JPY 20 S 136.653 136.658 -0.5 -1.05 0.00 6/2/2009 19:21 6/2/2009 19:23
11677811 EUR/JPY 20 S 136.753 136.789 -3.6 -7.53 0.00 6/2/2009 18:40 6/2/2009 19:02
Total 300 -6.5 -13.61 0.00
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”