ProchargedMopar's Trading Trilogy

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5460
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 449
Gender: Male

Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Sat Jan 30, 2016 7:37 am

I'm assuming my risk box is too big UNLESS I'm targeting something in the .7500 level range.
Even then, really your 4-6mp should do the job.

hmmmmmmmmmmmmmmmmmmmmmmmm


Macro-pipping is a bit different...

You are not going to enter on the BO, that is suicidal.

First you back off the extreme by 2-3mp and then you create a risk-box of 4-6mp.

Enter within your risk-box, even at the "stop", and then set your real stop 4-6mp below your entry:

forpro_006.png
forpro_006.png (7.89 KiB) Viewed 1017 times


The best thing about macro-pipping is that if you find yourself on the wrong end of a 90 pips price spike
it is only going to cost you <9mp.

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: 5616
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 52
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sun Jan 31, 2016 5:28 am

Ila doing a little maint. work on the Audi today!
Oh man my nose is stuffy, all the mountain cedar in the air.

Installed air filter, cabin air filter, coil packs, check plugs and wires, 2 door trim pieces.
Fiddling basically.

#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: 5616
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 52
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sun Jan 31, 2016 5:41 am

Her vehicle of choice, less than 10 steps on the odometer here.
LOL

IMG_20160130_233938.jpg
IMG_20160130_233938.jpg (232.87 KiB) Viewed 998 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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5616
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 52
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Feb 01, 2016 3:39 am

Imma get this crap dammit.

An Idea on Ucad for this week.

Immagetthisshit.png
Immagetthisshit.png (71.73 KiB) Viewed 936 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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5616
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 52
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Feb 01, 2016 6:01 pm

Im scratching the NZD trades here.
Risk box waaay to big and sl too far away.

AU looks good though still.

Screenshot_2016-02-01-11-59-45.png
Screenshot_2016-02-01-11-59-45.png (238.54 KiB) Viewed 911 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

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: 5616
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 52
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Feb 01, 2016 6:05 pm

Mother fricker,
Close, close, close...ahhh, accidentally closed AU.
Ok,
Will find another entry and shore up risk box like in this pic.

IMG_20160201_120511.jpg
IMG_20160201_120511.jpg (138.37 KiB) Viewed 911 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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5616
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 52
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Feb 01, 2016 6:20 pm

Something more like this will be much better.
3-4mp risk box

NULooking.png
NULooking.png (32.35 KiB) Viewed 909 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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5616
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 52
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Feb 01, 2016 7:43 pm

Here is my AU trade from last week I closed today.
This is perfect market structure.

Exactly what Im looking for.

IMG_20160201_133915.jpg
IMG_20160201_133915.jpg (230.91 KiB) Viewed 900 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

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5460
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 449
Gender: Male

Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Mon Feb 01, 2016 7:57 pm

prochargedmopar wrote:Something more like this will be much better.
3-4mp risk box


Space is the total amount of risk that you have to work with.
A Risk-box is the portion of space that you have at risk.

Think about how much further away your target will be if you destroy
your space.
If I lose 40 pips then I have to make 5 more P$PS to reach
my waypoint.
If I were to lose 600 pips at even 1/3 of the $min then I would have to
make up 25 P%PS; and that is why I say that you cannot afford multi-hundred
pip losses at ANY SIZE.
25 "big pips" might not seem like a lot, but if you keep delaying your waypoints
like that then you will lose the momentum required to reach a zero.

With my new MM, destroying space 3 times will move the waypoint from 72 to 88 P$PS;
I did this that the targets might stay in the daily range.

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5616
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 52
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Feb 01, 2016 9:56 pm

My breakout buy was acceptable for a swi g trade...

IMG_20160201_155513.jpg
IMG_20160201_155513.jpg (226.71 KiB) Viewed 850 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

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


Return to “TheRumpledOne”