thx zap,
I looked through some weekly's and monthly's earlier today for the first time..........interesting.
Imagine if we could see weekly momentum in a certain direction.......and then the daily was builing momentum again in that direction.....
Hmmmmmmm
Think I should trade against it????
LOL
ProchargedMopar's Trading Trilogy
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- prochargedmopar
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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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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- monolisa
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Hi pro,
D1 chart gives you a general picture. You need shorter timeframe to SEE the details (price action) and make your entries and exits.
Lis
D1 chart gives you a general picture. You need shorter timeframe to SEE the details (price action) and make your entries and exits.
Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu
- prochargedmopar
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monalisa,
Thx
I'm with ya, I can see the profit. and I can also see the loss.....I'm posting these as examples of actually seeing loss, and the profit that could be extracted from it.......It's the opposite of what people are posting in NLA thread.
Maybe it will help someone see it from the wrong side of the fence.
Or shall I say the opposite end of the candlestick.
LOL
I'm working on this feverishly....... it will come.
Thx
I'm with ya, I can see the profit. and I can also see the loss.....I'm posting these as examples of actually seeing loss, and the profit that could be extracted from it.......It's the opposite of what people are posting in NLA thread.
Maybe it will help someone see it from the wrong side of the fence.
Or shall I say the opposite end of the candlestick.
LOL
I'm working on this feverishly....... it will come.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
prochargedmopar wrote:thx zap,
I looked through some weekly's and monthly's earlier today for the first time..........interesting.
Imagine if we could see weekly momentum in a certain direction.......and then the daily was builing momentum again in that direction.....
Hmmmmmmm
Think I should trade against it????
LOL
All I care to do is catch miltiday and multiweek moves, but it all starts from the hourly chart.
- prochargedmopar
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If you want multi-day moves (in trade 2-3 days) then I would think you've got to look at the weekly's and at minimum glance at the monthly's.........
blubb_custom 3x...3 days
blubb_custom 6x...6 days
Might get me started......but hold up, let me get get some "live" 50 pip runs under my belt.
Doh,
Mutters to self.
Thinking poor again are we......? LOL
Hmmmmm, thinking again.......
Enter on stops/exit on extremes/(wait, do not reverse) enter again on stops.
blubb_custom 3x...3 days
blubb_custom 6x...6 days
Might get me started......but hold up, let me get get some "live" 50 pip runs under my belt.
Doh,
Mutters to self.
Thinking poor again are we......? LOL
Hmmmmm, thinking again.......
Enter on stops/exit on extremes/(wait, do not reverse) enter again on stops.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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prochargedmopar wrote:If you want multi-day moves (in trade 2-3 days) then I would think you've got to look at the weekly's and at minimum glance at the monthly's.........
blubb_custom 3x...3 days
blubb_custom 6x...6 days
Might get me started......but hold up, let me get get some "live" 50 pip runs under my belt.
Doh,
Mutters to self.
Thinking poor again are we......? LOL
Hmmmmm, thinking again.......
Enter on stops/exit on extremes/(wait, do not reverse) enter again on stops.
Hours, days, weeks, months, years...
Just as momma always used to say,"son you clean by starting from the top and working your way to the floor."
Minutes are for trading
Hours are for analyzing
- prochargedmopar
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What I would consider a risky trade.
Bad R/R also as I was -11 and only took +6.8
Here is what I saw on D1, wicked mighty zone but trend up.....
H1 chart....wicked but narry an engulfing pattern in sight......H4 looked much worse..... Not to mention previous resistance becomes support and it was to close for comfort.
And finally a 5m chart...looked good for scalping but no support from higher time frames as far as I could see. At least not yet..........
Only the 30M had showed momentum but it looked to be fading.....
Hmmmmmmm
What do you see?
Yeah, I missed the push up because I was thinking short from the weekend close patterns.
Bad R/R also as I was -11 and only took +6.8
Here is what I saw on D1, wicked mighty zone but trend up.....
H1 chart....wicked but narry an engulfing pattern in sight......H4 looked much worse..... Not to mention previous resistance becomes support and it was to close for comfort.
And finally a 5m chart...looked good for scalping but no support from higher time frames as far as I could see. At least not yet..........
Only the 30M had showed momentum but it looked to be fading.....
Hmmmmmmm
What do you see?
Yeah, I missed the push up because I was thinking short from the weekend close patterns.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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Here's a freakin short signal from e/u on H1 chart.....
Still no backup from H4 time frame though......Hmmmmm
Only longs after pullback?
Still no backup from H4 time frame though......Hmmmmm
Only longs after pullback?
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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Maybe, the X isn't looking to good for shorts.... H4 just got wicked in the mighty zone......
And the Daily's? See below.
And the Daily's? See below.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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e/j looks zeroed out to me....but I went long just to see what happens.
Hmmmmmm
It tanked, within a few min.
A perfect 3,1,1 for 25 pips.
-25 for me.
Hmmmmmm
It tanked, within a few min.
A perfect 3,1,1 for 25 pips.
-25 for me.
Last edited by prochargedmopar on Mon Jul 20, 2009 4:30 pm, 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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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