ProchargedMopar's Trading Trilogy

[IgazI]

After the trending column, '7', I'd wait for one of the red lines to get hit before looking for a trade:
(I use the '+' after a 2 line ret)

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[IgazI]

This is my final chart as my intent is only to show you how you can use market rotations (swing lengths) to make your trading decisions a little easier:

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update2.png (146.2 KiB) Viewed 2085 times

This is what I'm thinking (keep in mind that I don't trade this market):

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[IgazI]

I love when you type a large post and this g-d d-mn f-k-ng site makes you log in again...

Basically...

What moves do you expect to see? what lengths are rare?

Congestion is made up of 2's, 3's, 4's, 5's, and the guest appearance of a '6'.

Trending moves are created from a series of 7+ length columns which are periodically interrupted by single large columns which
do not usually change the overall direction of the trend; if price is going down then you'll see: 7+, 7+, maybe 7+ reversal (short it), and then
more 7+ in the direction of profit.

If you don't see a lot of 8's then why not fade 5, 6, and 7?

if 6's are common then try fading 8, 9, and 10.

In general you ignore 'congestion columns' because the opportunity is usually when price uses something closer to a 'trending column' but is not
yet ready to actually go anywhere that you make the easy profit.

For S&R you think about all of the likely combinations and place horizontal lines where those columns hit:
if price was going to move lower than the last '4' column then where would you expect it to go? did you say 4 + 3? It went 4 + 4 but that was close enough!

update4.png (182.4 KiB) Viewed 2328 times

[prochargedmopar]

I know one thing.
This 5 pips 1:1 aint gonna cut it.

Gong to 1:2 SL/TP

[prochargedmopar]

I love when you type a large post and this g-d d-mn f-k-ng site makes you log in again...

Basically...

What moves do you expect to see? what lengths are rare?

Congestion is made up of 2's, 3's, 4's, 5's, and the guest appearance of a '6'.

Trending moves are created from a series of 7+ length columns which are periodically interrupted by single large columns which
do not usually change the overall direction of the trend; if price is going down then you'll see: 7+, 7+, maybe 7+ reversal (short it), and then
more 7+ in the direction of profit.

If you don't see a lot of 8's then why not fade 5, 6, and 7?

if 6's are common then try fading 8, 9, and 10.

In general you ignore 'congestion columns' because the opportunity is usually when price uses something closer to a 'trending column' but is not
yet ready to actually go anywhere that you make the easy profit.

For S&R you think about all of the likely combinations and place horizontal lines where those columns hit:
if price was going to move lower than the last '4' column then where would you expect it to go? did you say 4 + 3? It went 4 + 4 but that was close enough!

update4.png

It all makes sense,
But does it?

Sounds good in theory, and I've seen A LOT of theories in my day,
but are YOU making money?

[IgazI]

It all makes sense,
But does it?

Sounds good in theory, and I've seen A LOT of theories in my day,
but are YOU making money?

Short answer, yes.

Long answer, yes; but not in Forex, because Forex is where dreams go to die.

[prochargedmopar]

It all makes sense,
But does it?

Sounds good in theory, and I've seen A LOT of theories in my day,
but are YOU making money?

Short answer, yes.

Long answer, yes; but not in Forex, because Forex is where dreams go to die.

Hmmmmm
Your Theory must not work in all markets.
Fairly impossible.

[IgazI]

It all makes sense,
But does it?

Sounds good in theory, and I've seen A LOT of theories in my day,
but are YOU making money?

Short answer, yes.

Long answer, yes; but not in Forex, because Forex is where dreams go to die.

Hmmmmm
Your Theory must not work in all markets.
Fairly impossible.

All you had to say was "I neither want nor require your assistance"

Goodbye, PRO.

[aliassmith]

It all makes sense,
But does it?

Sounds good in theory, and I've seen A LOT of theories in my day,
but are YOU making money?

Short answer, yes.

Long answer, yes; but not in Forex, because Forex is where dreams go to die.

Hmmmmm
Your Theory must not work in all markets.
Fairly impossible.

Each market would have its own rotation Calculations. The EU might have a 6 pip rotation. The ES might have a 13 tick rotation. The YM might have a 100 point rotation.

It could be very possible if you believe ICT and the same algo runs all the markets.

[IgazI]

Short answer, yes.

Long answer, yes; but not in Forex, because Forex is where dreams go to die.

Hmmmmm
Your Theory must not work in all markets.
Fairly impossible.

Each market would have its own rotation Calculations. The EU might have a 6 pip rotation. The ES might have a 13 tick rotation. The YM might have a 100 point rotation.

It could be very possible if you believe ICT and the same algo runs all the markets.

Right, you need a histogram of 6 months to years of rotations and the time to go through them.