ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Dec 21, 2015 11:36 pm

MightyOne wrote:Go HERE,look for Mark-02_Smile, "our Forex Methodology", click on "learn more".

Ignore the technical indicators and listen to what is being said...
for instance, "Wide Open Spaces", notice that the expectation is a: further target, longer move, steeper trend, momentum finish.

Understand the "idea" and the indicator vanishes, you know what you are looking for.


Yeah,
Not this mess thats for sure.
_20151221_173447.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 Dec 22, 2015 12:24 am

This appears to be a breakout retest h1 chart so I entered going for 20 pips.

Forgot to look @ macd before entering.
Oops.

Screenshot_2015-12-21-18-20-35.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 Dec 22, 2015 3:05 am

20 pips
Easy.

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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 Dec 22, 2015 3:09 am

Pretty funny.
That guy in vid dogs out ma cross traders THEN goes
on to talk about his MOVING AVG convergence divergence indicator.
LMAO.

Just gotta know when to enter after the cross.
See two pics up.
Baaahhaaahhaaahhhaaahhaaa
F. ucker.
#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 Dec 22, 2015 4:23 am

prochargedmopar wrote:
MightyOne wrote:M15 or an M10 for entries, the standard D1, H4, H1 while looking.

If you are getting those long steep trends, uninterrupted by sideways PA,
then use something around an M3.

If you like the daily then move to H4
If you like H4 then move to H1
If you like H1 then move to M15 or M10
If you like M15 or M10 then place a trade.

Don't waste time holding for large moves with
small size.
1-2 units for 8-16 pips
4 units for 16-32 pips
8 units for 32-%target.

It could just as easily be:
1-2 units for 6-12 pips
4 units for 12-24 pips
8 units for 24+ pips.
Do whatever works for you...
but get your lot size up before worrying about more pips.



Hold up a sec.
Years ago your telling us to trade from a weekly +, then a daily +,
Price moves a hundred or hundreds of pips a day...
Now all of a sudden I only have to make 24-32 pips and I'll be a millionaire?

Thats easy.


You may need the weekly range if you have had 16 losses in a row as it will have pushed your target out 170 pips.
If things run smoothly then you will never have to concern youself with anything higher than an H4 chart; you will still look for good stop locations but you won't be looking at daily trends etc.

Every two years I look back at myself and say "that guy is a fking idiot", so hear what I am saying but don't "follow" me like I'm guru or something; I do the best that I can at my current level of understandind, but I'm not perfect.

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Re: ProchargedMopar's Trading Trilogy

Postby dojirock » Tue Dec 22, 2015 4:59 am

Mo,

Your not perfect, your right.....

But pretty darn close when it comes to trading!

Thanks for all you contributions.
Have a great year!
:D
doji
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"

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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Tue Dec 22, 2015 6:08 am

dojirock wrote:Mo,

Your not perfect, your right.....

But pretty darn close when it comes to trading!

Thanks for all you contributions.
Have a great year!
:D
doji


Thanks Doji, here's to a great 2016 *cheers*

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Re: ProchargedMopar's Trading Trilogy

Postby TygerKrane » Tue Dec 22, 2015 10:48 am

prochargedmopar wrote:Not sure what your saying.
Chris lori started calling longs on a UCad using a FUNDAMENTAL view 1.02-1.03 area.
Said to HOLD long.
Just sent a tweet a few days ago saying he and many in his group are still holding as FUNDAMENTALLY it can still go higher. Usd against Cad.
Also, he has been saying to HOLD short AU too.
Keep in mind he trades intraday "volitility" using price action AND bank reports.

Your point?

What alias said:
"What ever works for you"

I'm not knocking anyone. This market has 1000+ ways to profit.

According to M.O.,
Those who profit most use the biggest lot size possible with little to NO risk.

In all honesty, *I'm* not even sure what I was saying. For whatever reason, the quote you posted was thought provoking to me...and what I wrote, were the thoughts that it provoked :oops:

What I said or was trying to say doesn't matter, b/c your reply was splendidly perfect.

Other than that, I've TOTALLY used fundamentals to influence my bias or chart drawn zones in the past...(I don't actively try to use fundamentals, but sometimes a headline is too eye-catching to pass up):
Image

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Wed Dec 23, 2015 4:04 am

MightyOne wrote:M15 or an M10 for entries, the standard D1, H4, H1 while looking.


If you like the daily then move to H4
If you like H4 then move to H1
If you like H1 then move to M15 or M10
If you like M15 or M10 then place a trade.
.



It is very possible that I would like the daily but not the h4,
Entry would be on h1.

It is very possible that I would like the h4 but not the h1,
Entry would be on m15.

It is very possible I would like the h1 but not the m15,
Entry would be on m5.
#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 » Wed Dec 23, 2015 6:44 pm

prochargedmopar wrote:
It is very possible that I would like the daily but not the h4,
Entry would be on h1.

It is very possible that I would like the h4 but not the h1,
Entry would be on m15.

It is very possible I would like the h1 but not the m15,
Entry would be on m5.


Price is the same on all timeframes, it is holding a trade that requires "Chart Harmony".
--------------------------------------------------------------------------------------------------------------------------------
THE IDEA OF CHART HARMONY:

Start in a situation where three charts are in agreement, you are trading your largest chart,
and entering on your smallest chart.

After you place the trade, replace your smallest chart with a larger period, if you wish to do so,
and do not look at a smaller chart until you exit the trade; if you keep doing this then you will
arrive at your largest chart & this is why the charts, from the smallest to the largest, need to be
in agreement.
If the chart above you is disharmonious then you know that you are looking for an exit; because
holding involves time & time involves larger charts, the same charts that are in disagreement with
your trade.
----------------------------------------------------------------------------------------------------------------------------------
Sometimes trades are taken when the larger charts are disharmonious & one is simply considering,
based on: the smallest chart, time of day, larger chart "somethings", how likely it is that the larger
chart will "change its mind" and become harmonious; but this is gambling & should not be the majority
of your trades.

Sometimes a trade is so obvious that you are 99.999% sure that you will be able to add space:
(the arrows just let me know that the chart has decided to move my lines)
And, YES, all angles are the magical 15 degrees.

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